K2 Gold Stakes New 21,887 Hectare District Scale Gold Project in Yukon Territory

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) ("K2" or the "Company") today announced the staking of the 21,887 hectare Wolf Project, a new district-scale gold exploration project in west-central Yukon Territory, Canada, located 80 km south of the 3.0 Moz Au Coffee Gold Project currently under development by Fuerte Metals. Highlights: Project generated in-house by leveraging the extensive Yukon experience of K2's Technical team including Eric Buitenhuis, and John Robins, founder and former Chairman of Kaminak Gold Corp. The Wolf South claim block is host to a >10 km long gold-in-soil geochemical anomaly which was previously held by Teck Resources, Ryan Gold Corp., and Beringia Gold Corp..