trending Market Intelligence /marketintelligence/en/news-insights/trending/z50vZKyxIPwlB3saTlN9_Q2 content esgSubNav
In This List

K2 secures option to acquire silver-lead-zinc-prospective GDR property

Blog

Battery Metals Trends

Blog

Insight Weekly: SPAC momentum builds on; higher rates fear; copper prices rebound

Blog

Q&A: U.S. Battery Storage and Global Battery Metals Trends Webinar

Blog

Greenhouse gas and gold mines - Emissions intensities unaffected by lockdowns


K2 secures option to acquire silver-lead-zinc-prospective GDR property

K2 Gold Corp. secured an option to acquire the silver-lead-zinc-prospective GDR property located north of the British Columbia-Yukon Territory border in Canada.

Under the terms, K2 is required to make cash payments totaling C$90,000 and issue 1.2 million shares over four years. The vendor syndicate will retain a 3% net smelter royalty, and K2 will have the option to purchase 2% of the NSR for C$2 million.

GDR consists of the MR, Veronica and MFW license blocks covering a total of 3,073 hectares. The property is hosted in Paleozoic sediments with potential for high-grade silver-lead-zinc carbonate replacement deposits similar to the nearby Silvertip mine owned by Coeur Mining Inc.

K2 said Jan. 9 that it is working to further define targets for initial drill testing.