K92 Mining Inc. is providing an operational update on the impact of the Covid-19 pandemic and emergency response plans. To date there has been no significant impact on operations at the Company’s Kainantu Gold Mine in Papua New Guinea as a result of the Covid-19 pandemic. The Company initiated a Covid-19 Management Plan at the operation [...]
K92 Mining Inc. is pleased to announce it has been named to the TSX Venture Exchange’s 2020 Venture 50, which is an annual ranking of top performing companies from five industry sectors: Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries, and Technology. K92 is ranked second in the Mining category. The Venture 50 [...]
Drill Hole KMDD0167 records bulk intersection of 30.1 m at 22.7 g/t Au, 5 g/t Ag and 0.54% Cu . The bulk intersection comprises multiple veins, including: ° K1 of 10.0 m at 17.6 g/t Au, 1 g/t Ag, 0.10% Cu ; ° Kora Link of 5.1m at 8.5 g/t Au, 4 g/t Ag, 0.44% Cu ; ° K2 of 10.1 m at 45.7g/t Au, 12 g/t Ag, 1.29% Cu . Drill Hole KMDD0177 [...]
K92 Mining Inc. announces the grant of 2,234,000 stock options to employees, directors and consultants of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $3.85 per share, expire five years from the date of grant, and vest in increments over twelve months from the date of grant. About K92 [...]
Production in 2020 is expected to grow 34-46% year over year, with Gold Equivalent production of between 110,000 and 120,000 ounces. Second half of 2020 is projected to deliver the strongest production and lowest costs, with the Kainantu Stage 2 Expansion targeting run-rate throughput by end of 2020. High margin production forecasted in 2020, with [...]
K92 Mining Inc. is pleased to announce it has been named to the 2020 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year [...]
OTC Markets Group Inc. , operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2020 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded [...]
Stage 2 Expansion from 200,000 tpa to 400,000 tpa continues to progress well. Key equipment received in late-2019, including new production long hole drill, 17t-bucket underground LHD loader, twin boom autodrill development jumbo and integrated emulsion charging unit. Arrival of the production long hole drill marks the beginning of Kainantu’s [...]
Q4 production of 23,096 oz of gold, 216,656 lbs copper and 5,243 oz silver for a total of 23,646 gold equivalent oz. Tonnage treated through the process plant was 30,336 tonnes, at an average grade of 25.22 g/t gold and 0.35% copper, achieving recoveries of 93.9% for gold and 92.5% for copper. Production for 2019 is a record of 79,838 oz of gold [...]
All planned holes in Phase 1 diamond drill program completed, for a total of 3,451.2 metres, with multiple holes ending in porphyry mineralization. Three porphyry consultant reports completed on Blue Lake in 3Q19. Reports were completed by Applied Petrologic Services and Research ; Plus Minerals Consultants , and; porphyry consultant Greg Corbett [...]
K92 Mining Inc. is pleased to announce the appointment of Cyndi Laval to its Board of Directors. Ms. Laval is a partner in Gowling WLG's Vancouver office. She is a past leader of the firm's national Corporate Finance, M&A and Private Equity Group, as well as a former co-leader and current member of its Mining Group. She has over 25 years of [...]
Drill Hole KMDD0147A, stepping out ~100m to the South at 1100m EL, records one of the highest grade drill intersections at Kora to date at 13.00 m at 288.73 g/t Au, 104 g/t Ag and 0.77% Cu . Drill Hole KMDD0147, proximal to KMDD0147A, records multiple intersections including one of the highest grade drill intersections to date at Kora at 13.60 m at [...]