K2 Gold Corp. May 17 announced that it has staked 123 state of Alaska mining claims along the Alaska-Yukon border about 20 miles (30 kilometers) northeast of Northway.

Known as the McArthur Creek property, this new eastern Alaska land package covers roughly 18,300 acres in the Moosehorn Range, a cross-border region that has produced more than 100,000 ounces of placer gold. While there has been...