Mining Stock Daily Exploration Update from K2 Gold and the Transition from Si2 to Mojave
Feb 24, 2026
Anthony Margarit, CEO of K2 Gold and an exploration-focused mining executive, gives project updates on Si2 (Nevada) and Mojave (California). He discusses recent drilling progress and a $25.25M financing. He explains fluid inclusion work and geophysics that refined drill targets. Plans to transition the crew to Mojave and outline a 2026 drilling program are also covered.
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SI2 Drilling Progress And Assay Timeline
- K2 Gold finished five holes at SI2 and expects first assays late March or early April.
- Anthony Margarit said the drill program totaled about 2,000 meters with a planned seven-hole campaign and assays streaming thereafter.
Shift Drilling Momentum Quickly Between Projects
- Move crews from SI2 to Mojave quickly to maintain momentum and use raised capital efficiently.
- Margarit mobilized equipment immediately and plans Mojave drilling by late March or early April.
On The Ground At Mojave With Local Officials
- Anthony returned from on-site visits between Lone Pine and Tonopah and met local elected officials in Lone Pine.
- He said mobilization is underway and expects drilling at Mojave by end of March or first week of April.