Feb. 12, 2018 -- K92 Mining Inc. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent on behalf of a syndicate of agents , whereby the Agents will raise up to C$5,000,040 through an Offering of up to 11,111,200 units of the Company to be priced at C$0.45 per Unit. Each Unit is comprised of one [...]
Multiple wide intervals of high grade mineralization from hole KMDD0049 Drillhole intersections are above the current working levels Drilling ongoing VANCOUVER, British Columbia, Feb. 09, 2018 -- K92 Mining Inc. has intersected multiple intervals of high grades of gold in drill hole KMDD0049, which is a drill hole on the most southerly line being [...]
VANCOUVER, British Columbia, Feb. 07, 2018 -- K92 Mining Inc. is pleased to announce it has achieved and declares commercial production effective February 1, 2018 at its Kainantu Gold Mine in Papua New Guinea. Production for the month of January 2018 exceeded 2,700 ozs gold equivalent . At this level of production, based on the budgeted monthly [...]
K92 Operations Update and Latest Drill Results Highlights include: Drill intercept of 6.49 m at 23.66 g/t Au, 27 g/t Ag and 0.16% Cu Face sampling taken while mining the K1 Kora vein reports values of 0.6 m @ 1,126 g/t Au in one face and 0.3 m @ 2,171 g/t Au in another face Process plant feed grade in excess of 40 g/t Au over consecutive days [...]
Highlights include: Cut and fill stoping has commenced at the Kora North K2 vein Head grade of the first 2,000 tonnes of material mined from these stopes averaged 10.5 g/t Au and 0.57% Cu Processing of the 2,000 tonnes of material mined generated 126 tonnes of concentrate averaging 276 g/t Au and 16.7% Cu, containing 611 ozs Au and 25,300 lbs Cu [...]
Drill Hole KMDD0039 records 4.05 m at 5.00 g/t Au, 2 g/t Ag and 0.22% Cu plus 3.6 m at 12.99 g/t Au, 68 g/t Ag and 0.92% Cu plus 2.6 m at 4.91 g/t Au, 13 g/t Ag and 0.80% Cu Drill Hole KMDD0043 records 7.7 m at 5.84 g/t Au, 4 g/t Ag and 0.14% Cu plus 1.8 m at 2.81 g/t Au, 22 g/t Ag and 3.92% Cu plus 10.1 m at 3.70 g/t Au, 4 g/t Ag and 0.24% Cu [...]
K92 Mining is pleased to announce results from the continuing grade control and exploration drilling of the Kora North Extension. Results reported include hole KMDD0037 which is the first drilled from Diamond Drill Cuddy Two , approximately 125 metres along strike from DDC1. This hole reported two vein intersections, 7.55 m at 4.81 g/t Au, 5 g/t Ag [...]
Drill Hole KMDD0034 records 4.1 m at 9.19 g/t Au, 4.2 g/t Ag and 0.02% Cu plus 3.6m at 36.06 g/t Au, 354 g/t Ag and 0.66% Cu Second Diamond Drill Cuddy now established and third diamond drill rig has commenced drilling from this cuddy VANCOUVER, British Columbia, Dec. 11, 2017 -- K92 Mining Inc. is pleased to announce results from the continuing [...]
Highlights include: Initial mining blocks in Kora North containing 124,200 tonnes @ 7.17 g/t Au, 19 g/t Ag and 1.06% Cu defined in an area 150 metres long by 75 metres high. The initial resource supporting the Kora North mining blocks comprises a Measured Resource of 45,000 tonnes @ 9.92 g/t Au, 27 g/t Ag and 1.94% Cu and an Indicated Resource of [...]
K92 Mining Inc. is pleased to report it has received warrant exercises with a value in excess of $2 million during the past 10 days. As at May 20, 2016, K92 had 22,136,890 warrants exercisable at $0.50 outstanding. The last of these warrants expired on November 20, 2017. Prior to the expiration date, a cumulative total of 16,437,048 warrants were [...]
K92 Mining Inc. ("K92") (TSX VENTURE:KNT)(OTCQB:KNTNF) is pleased to announce results from KMDD0024 which has been drilled 50 metres to the South and 60 metres above the current development. This hole has recorded significant intersections in both the K1 and K2 lodes (see table 1 & 2). These results extend the known Kora mineralization in this [...]
K92 Mining Inc. is pleased to announce the first concentrate from Kora production has been shipped to the Port of Lae, pursuant to a new offtake agreement, with the provisional payment received by K92. The new offtake agreement includes a provision for funding of USD $15 million in non-dilutive financing from one of the world's largest commodity [...]