K2 Gold Corporation Drills 2.37g/t Au Over 28.50m and 5.08 g/t Au Over 12.50m at the Wels Gold Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 10, 2017) - K2 Gold Corporation ("K2" or the "Company") (TSX VENTURE:KTO) is pleased to announce results from diamond drilling at the Wels Gold Property ("Wels" or "the Property"), located in west-central Yukon Territory in the Traditional Territory of White River First Nation ("WFRN"). A total of 1,232m of NTW size (5.6cm diameter) diamond drill core was recovered from 11 holes at the 'Saddle Zone' location (Figure 1). In addition to drilling K2 undertook a wide spaced regional soil sampling program over the western part of the license and a tighter infill soil sampling program over central parts of the Property close to known mineralization (Figure 2).