K92 Mining Inc. is pleased to announce its second set of drilling results consisting of 9 holes for total results of 11 holes released to date from its maiden surface diamond drill program at Arakompa, located approximately 4.5 km from the Kainantu Gold Mine Process Plant. K92's maiden drill program at Arakompa represents the first drilling on the [...]
K92 Mining Inc. is pleased to announce financial results for the three months ended March 31, 2024. Production Quarterly production of 27,462 ounces gold equivalent or 24,389 oz gold, 1,443,300 lbs copper and 35,650 oz silver , representing a 39% increase from Q1 2023. Cash costs of US$934/oz gold and all-in sustaining costs of US$1,366/oz gold [...]
K92 Mining Inc. announces that it will release its 2024 first quarter financial results before the North American trading markets open on Monday, May 13, 2024. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2024 first quarter financial results at 8:30 am on Monday, May 13, 2024. Listeners [...]
Quarterly production of 27,462 ounces gold equivalent or 24,389 oz gold, 1,443,300 lbs copper and 35,650 oz silver, and quarterly sales of 27,996 oz gold, 1,582,668 lbs copper and 38,812 oz silver. Production for the quarter exceeded budget, even with the temporary suspension of underground operations on March 10, 2024 , and prior to the temporary [...]
K92 Mining Inc. announces that it has commenced preparations to resume underground operations within two days, following the receipt of a letter from the Mineral Resources Authority of Papua New Guinea vacating the Form 29 that was issued on March 13, 2024 . The receipt of the letter vacating Form 29, follows a presentation by an Independent Safety [...]
K92 Mining is pleased to announce financial results for the three and twelve months ended December 31, 2023. Production Fourth Quarter 2023 Record quarterly production of 39,101 ounces gold equivalent, or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver. Cash costs of US$430/oz gold, second lowest to date, and all-in sustaining costs of [...]
K92 Mining Inc. announces that underground operations at the Kainantu Gold Mine have been temporarily suspended after a non-industrial incident occurred on the Company's mining lease on March 10, 2024, resulting in a deceased employee. Processing operations were temporarily suspended for three days and have resumed processing stockpiles [...]
K92 Mining Inc. announces that it will release its 2023 fourth quarter financial results after the North American trading markets close on Monday, April 1, 2024. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the 2023 fourth quarter financial results at 8:30 am on Tuesday, April 2, 2024 [...]
Production in 2024 is expected to be 120,000 to 140,000 ounces gold equivalent . The second half of the year is expected to be the strongest, as operations progressively ramp up ahead of the new 1.2 million tonnes per annum Stage 3 Process Plant commissioning, scheduled for the end of Q1 2025. Cash costs between $820-$880 per ounce gold and all-in [...]
First two holes from K92's maiden drill program at the Arakompa project , located ~4.5 km from the Kainantu process plant, recorded significant mineralization, with 4 high grade lodes intersected in hole KARDD0002 recording 7.20 m at 24.76 g/t AuEq, 5.70 m at 9.94 g/t AuEq, 5.30 m at 6.06 g/t AuEq and 3.60 m at 3.38 g/t AuEq, and similar [...]
Record quarterly production of 39,101 ounces gold equivalent or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver, and quarterly sales of 31,931 oz gold, 2,995,585 lbs copper and 61,712 oz silver. Annual production of 117,607 ounces AuEq or 100,533 oz gold, 7,690,477 lbs copper and 160,628 oz silver, and annual sales of 96,013 oz gold [...]
