Surprised nobody's posting about K92 on this BBhttps://www.stockhouse.com/news/press-releases/2016/02/04/otterburn-resources-corp-k92-completes-financing-to-restart-its-kainantu-gold . Otterburn is doing a 3 for 1 rollback and then K92 is taking it over by way of RTO.
According to its corporate presentation (https://www.k92mining.com/), K92 has:
- an NI 43-101 Compliant Resource of 1.84Moz @ 11.6 g/t AuEq Inferred and 240,000 oz @ 13.3 g/t AuEq Indicated
- existing infrastructure inc. mine, mill, camp, offices
- significant opportunity to expand known zones of mineralization; as well as for the discovery of new ore bodies
DYODD, but if they truly have a 2Moz resource with major existing infrastructure and good exploration potential, then this one is clearly flying under the radar in the currently fast improving market for junior gold equities. JL