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K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Comment by BlindBoyon Feb 02, 2021 8:58pm
173 Views
Post# 32454503

RE:RE:RE:Holding up nicely

RE:RE:RE:Holding up nicelyThis doesn't answer your question, but it's probably indicative of their adherence to a step-by-step approach.  Following the initial round of drilling: from their last report on Blue Lake (a bit over a year ago):  "Initial drilling to date has bottomed in mineralization in the distal propylitic zone.  Focus is to vector towards the core of the system / potassic zone
      "Planning an additional fence of drilling on either side   before   deeper targeted drilling."  
Just guessing, but the vectoring (2nd round of drilling) must be well along, and perhaps close to completing? Then a wait for assays?  Then some deeper holes to test the actual porphyry (hit or miss?) .  (pg 43~46 of PP Presentation). 

https://secureservercdn.net/198.71.233.254/l30.7e2.myftpupload.com/wp-content/uploads/2021/01/k92-january-2021-updated-1.pdf

Also to be noted:  some work was done on 2 other porphyries, although I don't see any details yet reported on anything in particular. 
Yompossa (Yanabo) had some drilling done, Yonki had some surface sampling done.     (pg 47 of PP Presentation).
 


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