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 coincident gold and copper anomaly K92 Mining Inc. is pleased to provide an [...]
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 be increased to 400,000 tonnes per annum by end of Q4 2019; Mine underground [...]
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 4.60 m at 3.72 g/t Au, 38 g/t Ag and 1.62% Cu plus 2.00 m at 0.91 g/t Au, 39 [...]
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 on TSX Venture Exchange, selected based on the equally weighted criteria [...]
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 total return and average daily dollar volume growth in the previous [...]
K92 announces record production of 16,844 ozs AuEq in Q4 and a record annual production of 47,237 ozs AuEq from the Kainantu Gold Mine Highlights include: Q4 production of 16,451 ozs of gold, 170,800 lbs copper and 3,095 ozs silver for a total of 16,844 AuEq ozs in Q4 2018 Annual production of 45,801 ozs of gold, 611,000 lbs copper and 10,069 ozs silver for a total of 47,237 AuEq ozs exceeds guidance for 2018 of 44,000 to [...]
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 3.53 m at 35.73 g/t Au, 16 g/t Ag and 0.28% Cu plus 5.60 m at 6.83 g/t Au, 2 [...]
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, “Independent Technical Report, Mineral Resources Estimate Update and Preliminary [...]
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 Internal Rate of Return of 350%; Over a 13-year period, the plant would treat 4.9 [...]
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 to be between 44,000 and 46,000 gold equivalent ozs Cash cost guidance for [...]
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 Mining K92 Mining has commenced commercial gold production from the Kora Gold [...]
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 Resource of 154,000 tonnes @ 18.7 g/t Au, 8.9 g/t Ag and 0.5% Cu; an Indicated [...]