K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.

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K92 Mining Inc

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Comment by krishakon Dec 14, 2016 10:45am

180 Views

Post# 25597965

RE:RE:RE:rewards

Thanks for the response, and I share your concerns about the ongoing dilution. However I just called IR and asked about this. I was told that there will be no further dilution as the warrant overhand has disappeared, (all been exercised), and cash flow from operations will take care of financial needs going forward. The only exception to this would be If/when expansion of mining to over 300,000/oz was needed. In such a situation I expect shareholders who have bought in at any price since KNT was listed this year would be applauding the development.

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