Macquarie updateFrom ceo.ca/knt keeps getting better!
Macquarie just put out a very good research note this morning, an update on K92 (target price $2.80). Partial text.... "Positive – K1 Vein infill delivers impressive length-weighted average grade of 30.6g/t over 4.5m (uncut, true thickness) with all 7 intersections +12g/t and a thickness range of ~2-8m. The intersections were ~30m above & below the main sublevel (in areas that could be mined near-term) and were highlighted by 4.6m at 116.5g/tAgEq (hole 124), 3.0m at 28.4g/tAgEq (hole 118) and 5.4m at 17.4g/tAgEq (hole 126) Importantly, from our review of the K1 drilling results to date, there appears to be a high grade vertical plunge that remains open in both directions and we see testing the plunge extensions as a major near-term catalyst."
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