Initial diamond drilling program underway, with the first of six planned 400- metre deep holes completed First hole KTDD0001 intersects 175 metres at 0.28 g/t Au and 0.22% Cu from 259 metres to termination at 433.9 metres, with the hole ending in mineralization A grid soil sampling program over an area of approximately 2 km2 identifies a large [...]
K92 Mining announces formal decision to double capacity at its Kainantu Gold Mine to 400,000 tonnes per annum, increasing production an average of 120,000 ozs AuEq per annum. The key aspects of the expansion include: Production is projected to be 68-75,000 ozs AuEq in 2019 and 115-125,000 ozs AuEq in 2020; Plant processing capacity is expected to [...]
Drill Hole KMDD0124 records multiple intersections including 7.45 m at 116.49 g/t Au, 17 g/t Ag and 0.96% Cu plus 13.52 m at 7.64 g/t Au, 18 g/t Ag and 0.31% Cu Drill Hole KMDD0118 records multiple intersections including 4.18 m at 28.15 g/t Au, 10 g/t Ag and 0.10% Cu Drill Hole KMDD0122 records 18.6 m at 10.38 g/t Au, 3 g/t Ag and 0.74% Cu plus [...]
K92 Mining Inc. is pleased to announce it has been named to the TSX Venture Exchange’s 2019 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. The Venture 50 ranking is comprised of the strongest companies [...]
K92 Mining Inc. is pleased to announce it has been named to the 2019 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 [...]
Drill Hole KMDD0105 records multiple intersections including 6.00 m at 43.20 g/t Au, 290 g/t Ag and 0.51% Cu plus 2.01 m at 4.73 g/t Au, 15 g/t Ag and 1.44% Cu Drill Hole KMDD0108 records multiple intersections including 8.02 m at 17.16 g/t Au, 5 g/t Ag and 0.54% Cu plus 7.74 m at 2.53 g/t Au, 159 g/t Ag and 2.82% Cu Drill Hole KMDD0110 records [...]
K92 Mining files Independent Technical Report, Mineral Resources Estimate Update and Preliminary Economic Assessment of Kora North and Kora Gold Deposits, Kainantu Project, Papua New Guinea and corrects cash cost. K92 Mining Inc. has filed and made available for download on the Company’s SEDAR profile, a technical report titled [...]
K92 Mining announces positive results of the updated Preliminary Economic Assessment The key outcomes from the PEA were: Mining production and plant processing capacity could be increased to 400,000 tonnes per annum over a period of approximately 12 months; Could achieve an NPV5 of US$710 million pre-tax, or US$559 million after tax, and an [...]
Production of 9,549 gold ozs or 9,910 gold equivalent ozs for the Quarter at a cost of $742/gold oz or $742/ gold equivalent oz and an all-in sustaining cost of $899/gold oz or $894/gold equivalent oz1 Revenue less Cost of Sales for the three months ended September 30, 2018, was US$1,957,539 Reaffirms production guidance issuance for 2018 expected [...]
K92 Mining Inc. announces the grant of 1,730,000 stock options to officers, employees and consultants of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $0.74 per share, expire on November 19, 2023, and vest in quarterly increments over twelve months from the date of grant. About K92 [...]
HIGHLIGHTS INCLUDE: Green = K1 Lode; Cyan = K2 Lode; Purple = Kora Link; drillhole traces & face sampling included Green = K1 Lode; Cyan = K2 Lode; Purple = Kora Link; drillhole traces & face sampling included K1 gold grade distribution K2 Lode, gold displayed The updated Mineral Resource estimate for the Kora North deposit comprises a Measured [...]
K92 is pleased to announce Q3 2018 production of 9,549 ounces of gold and 146,315 pounds of copper from the Kainantu Gold Copper Mine Q3 2018 Highlights include: Production of 9,549 ozs of gold and 146,315 lbs copper for a total of 9,908 AuEq ozs in Q3 2018 The average grade treated through the Process Plant for Q3 2018 was 16.7 g/t Au and 0.38% Cu [...]