exploring yukons south klondike gold district...

November 2017

EXPLORING YUKON’S SOUTH KLONDIKE GOLD DISTRICT

INCL. THE ‘WELS PROJECT’

A SIGNIFICANT NEW GRASSROOTS GOLD DISCOVERY

KTO:TSX-V

This presentation may contain “forward-looking statements.” These forward-looking statements are made as of the date of the

presentation and K2Gold Corporation does not intend, and does not assume any obligation, to update these forward-looking

statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of

estimated future exploration, success of exploration activities, expenditures and requirements for additional capital.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual

results, performance or achievements of the Company to be materially different from any future results, performance or

achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual

results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into

joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labour disputes and

other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing.

For further reference:

"On June 26, 2014, the Supreme Court of Canada (the “SCC”) released its decision in Tsilhqot’in Nation v. British Columbia (the“William Decision”), pursuant to which the SCC confirmed the Tsilhqot’in’s claim to Aboriginal title over a large area of land incentral British Columbia, granting the Tsilhqot’in the right to decide how the subject land will be used, the right to possess theland, the rights to the economic benefits of the land, and the right to pro-actively use and manage the land. The SCC held that tojustify an intrusion on title, the government must show it has discharged its duty to consult and accommodate, that its actionswere backed by a compelling and substantive objective, and the government action is consistent with the Crown’s fiduciaryobligation to the group. Resource development on claimed land to which Aboriginal title has not been established requires thegovernment to consult with the claimant Aboriginal group, and, if appropriate, accommodate its interest.

The Company does not currently hold any properties in the area subject to the William Decision, but has entered into an option tojoint venture agreement with Gorilla Minerals Corp., involving certain mineral claims in an area of the Yukon Territory that may besubject to a claim for Aboriginal rights and title by the White River First Nation. The Company will continue to manage itsoperations within the existing legal framework while paying close attention to the direction provided by the Government of theYukon regarding the application of the William Decision. Therefore, risks and uncertainties associated with developing theseclaims remain consistent with those referenced herein."

FORWARD LOOKING STATEMENT

DIRECTORS & MANAGEMENT

Founder and Chairman of Kaminak Gold. Kaminakdiscovered and developed the Coffee Gold Project, Yukon, acquired by Goldcorp in August 2016 for approximately $CDN 520 million. Founder and/or director of Kivalliq, Northern Empire, Stornoway Diamonds, Grayd

JOHN ROBINS (Chairman)

Formally Global Head of New Business and Research at BHP Billiton Exploration, Singapore, Institutional Mining Analyst Yorkton Securities, CEO Brazil Resources, CEO Southern Rio Resources, CEO Fortress (now Lundin Gold), Geologist – RTZ

ROBERT SCOTT (CFO)

STEPHEN SWATTON (President / CEO)

Mining Engineer / Mining Investment Banking: Fluor, First Marathon, NBF, PI, Axemen, Director of Ethos Gold

CRAIG ROBERTS (Director)

Entrepreneur and CEO Ethos Gold, Former President & CDO of Pediment Gold (acquired in 2011 by Argonaut Gold for approximately $140 million)

GARY FREEMAN (Director)

Brassneck Capital Corp. 12 years as an advisor to private and public companies in the technology and mining sector

FREDDIE LEIGH (Director)

Advisor, well regarded and knowledgeable in First Nation related matters. Alison is also advisor to Government northern community affairs. Allison was the First Nations Advisor on the Kaminak Gold project (sold to Goldcorp for $527M)

ALLISON RIPPIN (Head of CSR)

An Exploration Geologist with 36 years experience in the Yukon. Advocate and lecturer for the Yukon mining and geological community

AL DOHERTY (Senior Exploration Geologist)

CPA, CA, CFA; Over 20 years experience in accounting, corporate finance, and merchant and commercial banking and has served on the management teams and boards of a number of Canadian publicly traded companies

JO PRICE (VP Exploration)20 years as an exploration geologist with the majority of her experience in managing resource projects in Nunavut and Alaska. Advanced IT /database knowledge

Insiders Close Associcates Float

CORPORATE STRUCTURE

Oct 2016:

8M shares @ $0.25 incl.

Wts: 4M $0.35 for 18 months

(Accel. Prov. $0.50)

June 28 2017:

2.3M shares @ $0.35

+ ½ Wt @$0.55

0.9M sh @$0.40 (FT)

48%32%

20%

OWNERSHIP

PRICE / VOLUME –Nov 2017

CAPITAL STRUCTURE as of November 1 , 2017

FINANCINGS PROJECT LOCATIONS

Shares I&O 17.2 million

Fully Diluted 27.2 million

Market Cap ~C$7million

Cash ~C$1.1M

52 week range $0.20 – 0.58

$263.57

$65.85

$96.25

$119.14

$74.13

$44.17

$16.655.00

$-

$50.00

$100.00

$150.00

$200.00

$250.00

$300.00

Victoria Gold(VIT)

GoldenPredator

(GPY)

WesternCopper(WRN)

White Gold(WGO)

ATAC(ATC)

Goldstrike(GSR)

Triumph Gold(TIG)

K2 Gold(KTO)

MARKET CAPITALIZATION COMPARISONYUKON GOLD EXPLORATION COMPANIES ($CDN MM)

Ag

nic

oE

ag

le

Go

ldco

rp

Ne

wm

on

t

Ba

rric

k

Project NameVIT: Dublin GulchGPY: 3 Aces/Brewery CreekWRN: Casino MineWGO: Western Yukon expl. ATC: Rackla/OrionGSR: PlateauTIG: Freegold MountainKTO: Wels, Flume

November 1, 2017

K2: SNAPSHOT

• Share Structure - 17.2m O/S (27.2 F/D) Very tight with over ~50% of shares held by insiders or

people known to the Principals and Management.

• Projects

– 22,000 Hectares of prospective gold exploration claims in the South Klondike, Yukon

– Wels is the company's flagship project and is arguably one of the most significant new

grassroots gold discoveries in the Yukon over the past 5 years

– K2 Completed 1,232m+ drilling in 2017 (total drilling to date ~1,600m) while exploring and

soil sampling both Wels and other newly acquired properties, Flume, Storck and Ladue

• First Nations - K2 has good First Nations relationships in the Klondike which were developed

during Kaminak’s exploration period (2005-2016). K2 maintains strong corporate values for the

inclusiveness and recognition of First Nations peoples

• Marketing and Finance – A structured strategy of marketing and financing the company

ATAC/BarrickOrion

Newmont/GoldstrikePlateau

CapstoneMinto

Goldcorp/Triumph GoldFreegold Mountain

Copper NorthCarmacks Copper

K2 GOLD PROJECTS – SOUTH KLONDIKE, YUKON

K2 Properties

Investments by Majors

Other Deposits

WELS LOCATION (6,500 ha)

WELS SUMMARY

TARGETS

• Drilling (2015)– 442m drilling from 2 pads 50m apart returned gold mineralization in each hole

➢ Best Grade (DDH-01) 97.5m @ 0.76g/t Au, Including 19.5m @ 3.11g/t Au, 9.0m @ 5.71g/t Au (visible gold seen)

➢ Gold mineralization still seen at the bottom of hole 1 (~80m true depth)

• Trenching (2014) – 104 samples collected in 155m of trenches

➢ Highest Intersection: 40m @ 8.8g/t Au including 40.5m @ 9.15g/t Au

• Rock sampling – 28 samples collected including several under a high grade soil profile.

➢ Highest grades: 149.5g/t Au (discovery sample 2012) and 5 further samples at the same location (2013) averaged 5.2g/t Au

• Soil sampling – 1,658 samples taken. Soil sampling has been the most useful exploration method to define mineralized zones and samples. Analysis was done for Au and multi-element ICP. Gold at Wels has an affinity for Ag, As, Bi and Sb

WELS EXPLORATION HIGHLIGHTS (2011- 2015)

WELS EXPLORATION HIGHLIGHTS 2017

1,232m Drilling (June – July 2017)

• 28.5m @ 2.37 g/t Au (DDH 17-06)

• 12.5m @ 5.08 g/t Au (DDH 17-08)

• 144m @ 0.28 g/t Au (DDH 17-10)

• 13.5m @ 0.42 g/t Au (DDH 17-14) but has VG

• 3.00m @ 4.11 g/t Au (DDH 17-06) but had VG

• Drilling at the Saddle Zone identified multiple zones of gold mineralization and extended the known strike length to 150m. The mineralization remains open in all directions.

• Gold mineralization has now been discovered in 3 host rocks, granitoids (Saddle), gabbro (Southwest Spur) and quartzites (Chai).

• Prospecting has identified two new areas of mineralization (Southwest Spur and Chai). Multiple soil anomalies, particularly North Ridge (1050 by 700m), Southwest Spur (700 by 400m), and the most recent discovery Chai (1600 by 300m), require further trenching and prospecting.

DRILLING RESULTS Phase 1 2017

11 SHORT HOLES DRILLED FROM 6 PLATFORMS

TABLE 4. 2017 DRILL PROGRAM RESULTS

INTUSIVE GRANITOLD HOST ROCK

Hole # Zone Azimuth Dip From (m) To (m) Width (m) Au g/t

DDH17-04Ex Main Zone 360 -45 80.50 82.00 1.50 0.32

DDH-17-06 Main Zone 360 -50 76.50 105.00 28.50 2.37

inc 76.50 93.00 16.50 3.31

and 88.50 105.00 16.50 1.55

inc 102.00 105.00 3.00 4.11*

DDH-17-07 South Zone 180 -50 31.50 33.00 1.50 5.51

DDH-17-08 Main Zone

360 -50 9.00 21.50 12.50 5.08

inc 9.00 15.00 6.00 10.38

inc 12.00 15.00 3.00 19.30

DDH-17-09 South Zone 180 -50 61.50 66.00 4.50 1.86

DDH-17-10 Main Zone

360 -75 13.50 157.50 144.00 0.28

inc 78.00 82.50 4.50 3.07

inc 106.50 115.50 9.00 1.25

DDH-17-11 Main Zone

360 -50 24.00 75.00 51.00 0.68

inc 60.00 72.00 12.00 1.95

inc 60.00 67.50 7.50 2.52

DDH-17-12 Main Zone 360 -70 1.50 6.00 4.50 0.32

DDH-17-13 South Zone 180 -50 60.00 64.50 4.50 1.76

DDH-17-14 Main Zone

360 -50 16.50 18.00 1.50 2.58

and 54.00 57.00 3.00 0.49

and 102.00 115.50 13.50 0.42**

DDH-17-15 Main Zone

360 -65 78.00 99.00 21.00 1.48

inc 81.00 93.00 12.00 2.17

and 111.00 135.00 24.00 0.24

* Denotes intervals where visible gold was identified.** Denotes intervals where visible gold was identified but not included in the sample for assay.

WELS 2017 WORK PLAN COMPLETED

Pre 2017 exploration was completed over 4 short campaigns (2011, 2012, 2014, 2015 – total man work days

225) and was only concentrated in a relatively small area (2x4km).

In 2017 80% of the work was undertaken in only the Saddle and Southwest Spur except with infill and extension

soils outside of the previous grids

Expenditures to date total $1.8M (2011-2017)

The intent of the 2017 work program was to better understand the extent of the mineralization by further

mapping, geochemistry sampling throughout the property and targeted drilling in the Saddle zone

C$750,000

•1,232+m of diamond drilling in the Saddle Zone

•Extended the soil grid to the north and south of the Saddle Zone

•Prospecting particularly in the South West Spur zone

•Mapping

FLUME AND STORCK CLAIMS

Storck exploration 2017 – follow up a significant unexplored soil anomaly recognised by Phelps Dodge (1999-2009) but never followed up.

FLUME (3,650 Ha)

• Ryan Gold completed property wide soil sampling, detailed airborne geophysics and diamond drilling (9 holes , 2307m) in 2011 and 2012 (~ $3,000,000 in expenditures)

• Target comprises 10 km X 2 km gold and arsenic soil anomaly underlain by meta-sediments and intrusives. Gold occurs in structures associated with pyrite, arsenopyrite, galena and quartz

• Reinterpretation of previous drilling indicates the holes may have been orientated almost parallel to mineralization (wrong direction). K2 will focus efforts to determine the nature of the mineralization and its relation to the structure with a view to drilling new targets in 2018-2019

• Optioned by K2 from Commander in March 2017

• Located 70 km NW of the Goldcorp Coffee gold project and 40 km northwest from Kinross’s Golden Saddle project. First staked in 1998 by Phelps Dodge who completed property wide soil sampling, rock sampling and trenching

STORCK CLAIMS (7,220 Ha)

Follow up a significant unexplored soil anomaly recognized by Phelps Dodge (1999-2009) but never followed up.

LADUE CLAIMS (4,350 Ha)

Ladue Exploration 2017 –prospecting and soil sampling in an intrusive-orogenic geological terrain.

K2’s 2017 EXPLORATION DIRECT EXPENDITURE SUMMARY ALL PROJECTS

• Wels - $750,000 Program - 1232m diamond drilling campaign at Wels to

extend the mineralization soils and exploration at Southwest Spur

• Flume - $120,000 Program - Follow up 4km x 2km gold and arsenic anomaly

the northern target (on strike from White Gold’s Dime property),

prospecting and soil sampling

• Storck - $75,000 Program - Exploration in an area NW of Flume with some

historical gold anomalies that were never followed up (Phelps Dodge

historical data)

• Ladue - $50,000 Program – Prospecting

K T O : T S X - V

w w w . k 2 g o l d . c o m

Stephen Swatton, President & CEO

Head office:

1020 – 800 West Pender Street

Vancouver, B.C. V6C 2V6

Tel: (604) 604 331 5090

Email: [email protected]

Additional Slides

WELS TRENCHINGTRENCHING RESULTS: SADDLE ZONE

2014 Trenching

Weighted Average Intervals (g/t Au over m)

TRENCH FROM TO INT Au

# (m) (m) (m) (g/t) Lithology

T-14-01 0.00 19.00 19.00 2.63 Bio granite

Includes 0.00 11.00 11.00 4.53 Bio granite


T-14-01 31.00 49.00 18.00 5.30 Bio granite


T-14-02 0.00 45.00 45.00 8.80 Bio granite



T-14-03 0.00 25.50 25.50 0.56 Bio granite



T-14-03 31.50 54.00 22.50 0.03 Bio granite

T-14-04 0.00 25.50 25.50 1.27 Bio granite


FLUME: SOIL GEOCHEMISTRY

2 km

Au (ppb) As (ppm)

2 km

North Target

South Target

North Target

South Target

WELS GOLD PROJECT ACQUISITION AGREEMENT FROM GORILLA MINERALS

• K2 Gold purchased a 90% option interest in Wels from Gorilla

• Payments to Gorilla - C$350,000 over 24 months and issuing 3M shares of KTO over a

30 month period

• At earn-in a JV will be formed and KTO will sole fund through to completion of

Preliminary Economic Assessment Study (PEA)

• After completion of a PEA, KTO and Gorilla will fund 90:10 (if either party dilutes to

less than 1% the JV will be cancelled)

WELS TRENCHING – SADDLE ZONE

DDH 15-01DDH 15-03

DDH 15-02

WELS DRILLING HIGHLIGHTS (2015)

2015DRILL HOLE From To (m) Au (g/t) Notes

DDH-15-01 0 97.5 97.5 0.76

DDH 15-01 31.5 51.00 19.50 3.11

INCLUDES 31.50 40.50 9.00 5.71 VG zone

INCLUDES 45.00 51.00 6.00 2.38

DDH15-01 96.00 97.50 1.5 0.73 EOH

DDH 15-02 49.00 52.00 3 1.0

DDH 15-02 83.50 88.00 4.5 2.77

INCLUDES 83.50 86.50 3 2.0

DDH15-03 65.65 65.80 0.15 0.7 EOH

DDH 15-04 49.50 70.50 21.00 0.741

DDH 15-04 49.50 55.50 6 1.61

DDH 15-04 63.00 70.50 7.5 0.67

DDH 15-05 78.00 81.00 3 1.29

WELS SOIL SAMPLING 2011-2012 CORE EXPLORATION AREA (2012 – 2015)

RECENT YUKON INVESTMENTS COMPETITOR

ANALYSIS

Major/ Junior

Barrick/ ATAC

Goldcorp/ Kaminak

Goldcorp/ Triumph

Agnico Eagle/ White Gold

Newmont/ Goldstrike

Golden Predator

Western Copper & Gold

K2 Gold

Property/ Project Location

Rackla/Orion East of Keno (0-185km long trend)

Coffee 130 km south of Dawson

Freegold Mountain Dawson Range /Big Creek fault zone

All remaining S.Ryan claims White Gold district

Plateau South of Hess River, Southern Yukon

3 Acres/Brewery Creek ~180km east of Ross River/~60km south east of Dawson City

Casino Dawson Range (300km NW of Whitehorse)

Wels 80 km east of Beaver Creek/180 km South of Dawson city

Deal Price (C$M)

$63.3 $520 $6.2

$14.52 (to $18) $53 $17.5 n/a n/a

Purchase Details

$8.3m PP, 2-staged $55M earn in to acquire 70% Read more…

100% purchase Read more…

To acquire 19.9% Read more…

Obtained 19.93% of WGO’s shares @ $1.20 Additional $3.48M ‘additional placement’ Read more….

(12.7m shares @ 0.47)PH1: $6M PP, $8M cash payments for 51% acquisition, $17.4M //PH2: $21.4M exp, PEA to earn addt’l 24%. to =$53M Read more…

bought deal financing w/Clarus 7.1M shares @ $1.60, 3.1M shares @ $1.85 Read more…

n/a Company website

n/a

Deposit Type

Carlin type w/long lived hydrothermal

Hydrothermal Porphyry-style mineralization

Various Early stage exploration

Porphyry (Au, Cu, Mo)

n/a

MINERAL DEPOSITS OF THE TINTINA BELT

(ALASKA - SOUTHERN YUKON)

The Tintina Gold Belt has had past production of over 30

million ounces of gold and current estimated resources of 39

million ounces of gold

MINERAL DEPOSITS OF THE TINTINA BELT

(ALASKA – SOUTHERN YUKON)

Drilling and Trench Map – Saddle Zone

Section 554411

Section 554431

Section 554461

K2’s 2017 EXPLORATION PROGRAM SUMMARY

Section 554492

K2’s 2017 EXPLORATION PROGRAM SUMMARY

Section 554528

exploring yukons south klondike gold district...

Documents