K92 MINING NAMED TO 2021 OTCQX BEST 50
K92 Mining Inc.
by admin
3y ago
Vancouver, British Columbia, January 28, 2021 – K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce it has been named to the 2021 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. This is K92’s third consecutive year in the OTCQX Best 50 Ranking. 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 prev ..read more
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K92 MINING ANNOUNCES JUDD UNDERGROUND DEVELOPMENT EXTENSION RESULTS – AVERAGE J1 VEIN GRADE OF 18.70 G/T AUEQ AT 3.8 M WIDTH
K92 Mining Inc.
by admin
3y ago
Judd Vein #1 (“J1 Vein”) 1235 Level development extended to 288 metres, representing a 65-metre extension (“the extension”) since the November 23, 2020 press release. Development has encountered higher grades as it advances to the South, with the extension recording an average J1 Vein thickness of 3.8 metres at 18.70 g/t gold equivalent (“AuEq”)(1) or 17.13 g/t Au, 0.82% Cu and 37 g/t Ag from channel sampling. Mineralization style from development drive continues to be intrusive related, gold-copper-silver, and similar to Kora. Since higher grades were first encountered in September 2020, the ..read more
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K92 MINING PROVIDES 2021 OPERATIONAL OUTLOOK
K92 Mining Inc.
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3y ago
Production in 2021 is expected to grow 16-36% year over year, with Gold Equivalent (“AuEq”) production of between 115,000 and 135,000 ounces. High margin production forecasted in 2021, with Cash Costs between $515-565 per ounce gold and All-in Sustaining Costs between $825-$875 per ounce gold. Exploration to increase significantly, with expenditures of $14-17 million projected in 2021. During the course of 2020, the drill rig fleet doubled to ten drill rigs. Our eleventh drill rig is expected to arrive on site imminently. Growth Capital Costs forecasted to be between $25-$30 million, which in ..read more
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K92 MINING ACHIEVES RECORD ANNUAL AND QUARTERLY PRODUCTION, WITH 29,820 OZ GOLD EQUIVALENT PRODUCED IN Q4
K92 Mining Inc.
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3y ago
Record quarterly production in Q4 of 29,820 oz of gold equivalent (“AuEq”)(1) or 28,809 oz gold, 493,584 lbs copper and 10,395 oz silver, representing a 26% AuEq increase from Q4 2019. Record annual production of 98,872 oz AuEq or 95,109 oz gold, 1,853,078 lbs copper and 36,067 oz silver, representing a year-over-year AuEq increase of 20%. Record quarterly plant throughput with 68,932 tonnes processed, representing a 127% increase from Q4 2019. Record quarterly mining material movements and development metres, with 207,600 tonnes of total material movements (mill feed and waste) and 1.9 km of ..read more
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K92 MINING TO GRADUATE TO TSX
K92 Mining Inc.
by admin
3y ago
Vancouver, British Columbia, December 8, 2020 – K92 Mining Inc. (“K92” or the “Company”) (TSX-V: KNT; OTCQX: KNTNF) is pleased to announce that it has received final approval for the listing of its common shares (the “Common Shares”) on the Toronto Stock Exchange (the “TSX”). The Common Shares will commence trading on the TSX effective as of the open of the market on December 9, 2020. Upon listing on the TSX, the Common Shares will continue to trade under the symbol “KNT”.  In conjunction with listing on the TSX, the Common Shares will be voluntarily delisted from the TSX V ..read more
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K92 MINING TO RECEIVE THE PRESTIGIOUS THAYER LINDSLEY AWARD FOR BEST GLOBAL DISCOVERY
K92 Mining Inc.
by admin
3y ago
Vancouver, British Columbia, December 2, 2020 – K92 Mining Inc. (“K92” or the “Company”) (TSX-V: KNT; OTCQX: KNTNF) is pleased to announce that it has been selected by the Prospectors & Developers Association of Canada (“PDAC”) to receive the 2021 Thayer Lindsley Award for the discovery of its Kora North deposit at its producing Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea. The award recognizes an individual or team of explorationists credited with a recent significant mineral discovery globally and will be presented to the K92 Team during the annual PD ..read more
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K92 MINING ANNOUNCES LATEST HIGH-GRADE DRILL RESULTS AT KORA, INCLUDING 9.80 M AT 84.92 G/T AUEQ
K92 Mining Inc.
by admin
3y ago
Drill Hole KMDD0261 records multiple intersections including 9.80 m at 84.92 g/t gold equivalent (“AuEq”) or 83.27 g/t Au, 10 g/t Ag and 1.03% Cu, extending a known high-grade area ~50 metres up-dip. Drill Hole KMDD0262 records multiple intersections including 3.80 m at 36.23 g/t AuEq or 31.34 g/t Au, 83 g/t Ag and 2.63% Cu. Drill Hole KMDD0229 records multiple intersections including 1.67 m at 31.15 g/t AuEq or 29.76 g/t Au, 8 g/t Ag and 0.87% Cu from our most southerly drill cuddy. Drill Hole KMDD0259 records multiple intersections including 13.20 m at 25.20 g/t AuEq or 24.66 g/t Au ..read more
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K92 MINING REPORTS HIGHER GRADES FROM JUDD UNDERGROUND DEVELOPMENT AND POSITIVE GRADE RECONCILIATIONS & RECOVERIES FROM PROCESSING OF JUDD BULK SAMPLE
K92 Mining Inc.
by admin
3y ago
Judd Vein #1 (“J1 Vein”) 1235 Level development extended to 223 metres, representing a 114 metre extension since the September 3, 2020 press release. The extension encountered notably higher-grade material, with the J1 Vein averaging 3.7 metres wide at 13.57 g/t gold equivalent (“AuEq”)(1) or 12.17 g/t Au, 0.79% Cu and 19 g/t Ag. High grade vein face channel samples include: 5.46 metres at 109.54 g/t AuEq or 108.0 g/t Au, 0.27% Cu and 100 g/t Ag, representing our southernmost face assay to date. 3.9 m thickness at 46.8 g/t AuEq or 43.3 g/t Au, 2.12% Cu and 29 g/t Ag; 4.4 m thickness at 20.8 ..read more
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K92 MINING FILES AMENDED TECHNICAL REPORT FOR KORA STAGE 3 EXPANSION PEA
K92 Mining Inc.
by admin
3y ago
Vancouver, British Columbia, November 20, 2020 – K92 Mining Inc. (“K92” or the “Company”) (TSX-V: KNT; OTCQX: KNTNF) announces that, in response to comments raised by the Toronto Stock Exchange (”TSX”) in connection with the Company’s contemplated listing on the TSX (see news release dated October 15, 2020) it has filed an amended technical report titled, “Revised Independent Technical Report, Mineral Resource Estimate Update and Preliminary Economic Assessment for Expansion of the Kainantu Mine to Treat 1 Mtpa from the Kora Gold Deposit, Kainantu Project, Papua New Guinea”, dat ..read more
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K92 MINING INC RELEASES STRONG 2020 Q3 FINANCIAL RESULTS, INCLUDING RECORD NET CASH & THROUGHPUT FOLLOWING COMMISSIONING OF STAGE 2 PLANT EXPANSION
K92 Mining Inc.
by admin
3y ago
Q3 2020 Interim Financials Q3 2020 MD&A Vancouver, British Columbia, November 16, 2020 – K92 Mining Inc. (“K92” or the “Company”) (TSX-V: KNT; OTCQX: KNTNF) is pleased to announce results from its interim financial statements for the three and nine months ended September 30, 2020. Third Quarter 2020 Highlights: Safety Strong safety record continues, with no lost time injuries and one of the best safety records in the Australasia region since start of operations. Proactive and focused management of COVID-19. K92 continues to operate and has strong preventative and respons ..read more
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