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Wednesday, 05/05/2021 11:25:24 AM

Wednesday, May 05, 2021 11:25:24 AM

Post# of 8
Anyone see the following article from a couple weeks ago? Maybe this is the reason for the pps moving up nicely, this week, and heavy volume beginning last Friday. The first week of May is mentioned in the article and we are currently in the first week of May.

K9 Gold Receives Permit for Drill Program, Drilling to Commence Early June

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2021) - K9 Gold Corp. (TSXV: KNC) (FSE: 5GP) (OTC Pink: WDFCF) ("K9" or the "Company") is pleased to report that approval has been received from the Newfoundland and Labrador Mineral Lands Division for a 20-hole, 5000 metre drill program on its Stony Lake project in central Newfoundland. Drilling is planned to commence in early June.

K9 is now preparing to mobilize its geological crew the first week of May to Grand Falls - Windsor to commence the summer program which is planned to include drilling, trenching, extensive soil sampling and mapping/prospecting.

K9 CEO Jeff Poloni states, "We are excited to have received drill permits for our Stony Lake project. Our technical team is eager to start drilling having spent the last few months preparing for the initial 5,000 metre drill program. We will provide the market with another update upon commencement of the program."

Priority targets for the drill program are based on compilations of previous airborne geophysical surveys, mapping and geochemical surveys as well as the current IP survey. The Jumper's Pond and the Moonlight grids will be the first areas to be drill-tested.

News Releases from other companies active in the Central Newfoundland Gold Belt continue to increase the profile of this newly emerging gold district. For example, on February 23, 2021 Sokoman Minerals announced drill results which included hole MH-20-141 with 64.0 g/t Au over 4.20m including 223.63 g/t Au over 1.20m at their Moosehead project, immediately adjacent to K9's Stony Lake property. On April 20, 2021, New Found Gold announced an intercept of 261.3 g/t Au over 7.2m in hole NFGC-21-137 at their nearby Queensway property.


Link to the complete PR: https://www.newsfilecorp.com/release/81287/K9-Gold-Receives-Permit-for-Drill-Program-Drilling-to-Commence-Early-June

$WDFCF

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