Exploration Highlights include: Intercepts include 8.27 g/t Au, 8.1% Cu and 500 g/t Ag over 0.4m in hole KMDD 005 and 3.07 g/t Au, 5.1% Cu and 158 g/t Ag over 1.2m in KMDD 006 Results from each of the first six exploration holes drilled to target Judd Vein System adjacent to the Irumafimpa orebody intercept significant gold, copper and silver [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 5, 2016) - K92 Mining Inc. ("K92 Mining" or the "Company") (TSX VENTURE:KNT) announces that on December 5, 2016, the Company granted a total of 3,265,000 incentive stock options to employees, officers, directors and an investor relations provider. The options were granted in accordance with the terms [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 30, 2016) - K92 (TSX VENTURE:KNT)(OTCQB:KNTNF) is pleased to announce the initial results from the ongoing grade control drilling programme at its high grade Kainantu Gold Mine, that is currently in the start-up phase. The results have significantly increased both the predicted grade and contained [...]
K92 Mining has filed, on SEDAR, a technical report titled "Independent Technical Report, Preliminary Economic Assessment of Irumafimpa and Kora Gold Deposits, Kainantu Project, Papua New Guinea", with an effective date of November 25 to support the PEA disclosed in the company's press release of October 13, 2016. Details regarding the PEA can be [...]
PEA estimates; - positive cash flow of US$558 million over 9 years, an Internal Rate of Return (IRR) of 113% and achieve an NPV5 of US$415 million - 400,000 tonnes per annum (108,000 Au Eq per annum) over a 9 year period with cash costs of US$547/oz AuEq and all in sustaining costs (AISC) of US$619/oz AuEq - Treatment of 3.2 Million tonnes @ 7.1 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 12, 2016) - K92 Mining Inc. (TSX VENTURE:KNT) ("K92") or (the "Company") is pleased to announce the receipt of $7.5 million in new capital, via the exercise of 10 million warrants at $0.75. The warrants were originally issued with a 2 year expiration (see K92 News Release July 13, 2016) and were [...]
- K92 Process Mill has Successfully Treated the First Batch of Underground Ore Delivered from Irumafimpa, With Concentrate Now Produced - Concentrate Shipment Deliveries Anticipated to Start Nov 2016 - Gold Production at Irumafimpa Will Ramp Up to Steady State Operations, Reaching an Annualised Production Rate of 52,000 Au Per Annum, Over Coming [...]
- Mr. Chris Muller, PhD, appointed as Exploration Manager - Drilling at Irumafimpa Deposit commenced - Second diamond drill rig now on site to target expansion at Judd Gold Vein System VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 12, 2016) - K92 Mining Inc. (the "Company" or "K92") (TSX VENTURE:KNT) (OTCQB:KNTNF) is pleased to provide an [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 8, 2016) - K92 Mining Inc. (the "Company" or "K92") (TSX VENTURE:KNT) is pleased to announce that its common shares are now trading on the OTCQB® Venture Market in the United States under the symbol "KNTNF". K92 Chief Executive Officer, Mr. Ian Stalker, states, "We are pleased with K92's admission [...]
K92 Mining is pleased to announce that CRH Funding II has exercised its right to convert 2,500,000 Class A Preferred Shares of the 10,000,000 Class A Preferred Shares currently held by CRH. The Conversion Shares will be converted into 4,751,831 Common shares of the Company and CRH will hold 4.79% of the issued and outstanding Common shares of the [...]
- Restart of mining and processing operations on schedule and on budget - Mincore engaged to study doubling of process plant capacity to 400,000 tpa - Underground diamond drilling of Irumafimpa deposit due to commence in the coming week and a second diamond drill rig due on site by the end of August to target expansion at Judd Gold Vein System [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 25, 2016) - K92 Mining Inc. (the "Company" or "K92") (TSX VENTURE:KNT) is pleased to announce that it has closed the non-brokered private placement announced on July 21st, 2016, consisting of the issuance of 1,709,402 units (the "Units") at $1.17 per Unit for gross proceeds of $2,000,000 (the [...]
