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K9 Provides Clarification for Analytical Data in December 2, 2021 News Release

K9 Gold Corp. (TSXV: KNC) (OTC Pink: WDFCF) (FSE: 5GP) ("K9" or the "Company") wishes to clarify the units reported for the analytical data in a table included in the company news release dated December 2, 2021. The gold values reported in the first paragraph of the release (ppb) are correct, but were reported incorrectly in the accompanying table. The corrected table is as follows:

Sample # From (m) To (m) ppb ppm As
105122 0.0 3.0 425 >1000
105123 3.0 6.0 2138 >1000
105124 6.0 9.0 817 >1000
105125 9.0 12.0 428 >1000
105126 12.0 15.0 238 >1000

 

Note: the arsenic concentration exceeded the upper detection limit of the analytical method used for these samples.

About K9 Gold Corp

K9 Gold Corp has assembled a highly-experienced and dynamic team to explore its Stony Lake Project. The project has been acquired from District Copper Corp by an option agreement, whereby K9 can earn up to a 100% interest in the project (see Company release dated July 30, 2020). The Company also owns a 100% interest in the Desert Eagle Vanadium-Uranium project located in the historic Henry Mountains Mining District in SE Utah. The area has seen extensive historic vanadium and uranium mining and is close to Anfield Energy Inc's Shootaring Canyon mill.

To ensure a safe workplace environment that protects the health and safety of employees and contractors, K 9 Gold follows all federally and provincially mandated and recommended guidelines regarding COVID-19.

K9 Gold acknowledges the financial support of the Stony Lake project by the Government of Newfoundland and Labrador, through the Department of Industry, Energy and Technology Junior Exploration Assistance Program.

Chris M. Healey, P.Geo, Chief Geologist and a Director of K9 Gold Corp., is the qualified person under NI 43-101 guidelines who is responsible for the technical content of this release, and consents to its release.

Toll Free Number: (833) 434-GOLD (4653)

Kosta Tsoutsis
Director
K9 Gold Corp.
email: kosta@k9goldcorp.com

Brian Morrison
Chief Financial Officer and Director
K9 Gold Corp.
email: brian@k9goldcorp.com

The Company is listed on the TSX Venture Exchange.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding K9's intention to continue to identify potential transactions and make certain corporate changes and applications. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits K9 will obtain from them. These forward-looking statements reflect managements' current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including K9's inability to identify transactions having satisfactory terms or at all and the results of exploration or review of properties that K9 does acquire. These forward-looking statements are made as of the date of this news release and K9 assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106418

News Provided by Newsfile via QuoteMedia

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K9 Gold

K9 Gold

Overview

K9 Gold (TSXV:KNC) is an exploration company that is focused on acquiring, discovering and developing gold deposits in North America. K9 Gold is currently developing its Stony Lake gold project in Central Newfoundland, one of Canada’s newest orogenic gold districts. This district is both mining-friendly and has access to reliable infrastructure.

The Stony Lake gold project is placed within Central Newfoundland’s intersecting Cape Ray and Valentine Lake structural trend, which is located along the prolific Dog Bay Line. The project has been found to cover the southwest extension of Sokoman Mineral’s (TSXV:SIC) Moosehead high-grade gold discovery and also lies northeast of Marathon Gold’s (TSX:MOZ) Valentine Lake deposit and west of New Found Gold Corp’s (TSXV:NFG) Queensway discovery. This makes the Stony Lake project an excellent location with favorable prospects for further exploration and discovery.

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