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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 tuesdaynightridon Feb 26, 2024 10:44pm
118 Views
Post# 35900623

RE:RE:Decline

RE:RE:Decline

EIJ,

Gold head grade is the key component of AU output which was 7.4 for 4th q.
During the months leading up to the 4th q, knt specifically mentioned targeting
higher grades. Higher grades to me meant what you show above for 2021 or 2022
but 7.4 was the actual result... along with an excellent 39.1k  AU eq oz in the quarter
or 160k if extrapolated over 12 months.

Conclusion:
With 2024 guidance at 120-140k (and this with record ore processing), I think knt is
communicating that gold head grades around the 6 level will be the new norm in 2024.

 

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