K9 Gold Drills 0.61 G/t Gold Over 127.4 Metres At Stony Lake, Newfoundland

K9 Gold Corp. [KNC-TSXV; WDFCF-OTCQB; 5GP-FSE] has provided an update of corporate activities.

At the Stony Lake Project, Newfoundland, K9 has completed to initial earn-in requirements and now holds a 75% interest in the property. K9 has completed 32 diamond drill holes on the property, encountering multiple significant gold intersections including drill hole JP21-022 that returned 127.4 metres averaging 0.61 g/t gold from 97.00 to 224.40 metres.

JP22-029 returned 31.75 metres averaging 1.52 g/t gold, from 238.75 to 270.50metres, including 20.40 metres averaging 1.91 g/t gold from 248.40 to 268.80 metres, including 13.50 metres averaging 2.14 g/t gold from 250.00 to 263.50 metres.

JP22-030 returned 7.35 metres averaging 1.88 g/t gold from 225.00 to 252.35 metres, including 14.85 metres averaging 3.18 g/t gold, from 229.50 to 244.35 metres, including 2.85 metres averaging 5.36 g/t gold from 234.50 to 237.35 metres.

At the JB Lithium Project, Quebec, the summer field soil sampling and prospecting program has been completed. Highlights included prospecting that identified at least three pegmatite outcrops with spodumene, tourmaline and garnet present. These outcrops occur along well-defined ridges which are in excess of 500 meters in length. The pegmatites occur on both the Riviere Salomon and the Lac Joubert-Tilly properties.