K2 Gold Receives Positive Record of Decision for Exploration Drilling at the Mojave Project, California

Drill Mobilizing Vancouver, British Columbia--(Newsfile Corp. - April 8, 2026) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) ("K2" or the "Company") today announced that the U.S. Bureau of Land Management ("BLM") has issued a positive Record of Decision ("ROD") approving the Company's proposed exploration drilling program at its flagship Mojave Project located in Inyo County, California. Receipt of the ROD marks the conclusion of an extensive environmental review process conducted under the National Environmental Policy Act ("NEPA")) and represents the most significant milestone for the Mojave Project and the Company's advancement to date.