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 stazon May 13, 2017 8:49pm

126 Views

Post# 26241474

RE:RE:RE:RE:Who bought those 3M + shares on Thursday?

GoldInsect777 wrote: What are the odds that they announce that not only have they reached commercial production, but in fact have been in commercial production for the last several months and are already halfway to mining the 60,000 oz's?

Zero. Commercial production is a "material change" event, any company MUST announce it one way or another within days or weeks but not months. Whole accounting changes after a start of commercial production. BTW, it might be the reason why they put off with announcing it trying to capitalize as much capex as possible.

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