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K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

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.


TSX:KNT - Post by User

Bullboard Posts
Comment by Saulion May 28, 2017 12:01pm
149 Views
Post# 26293455

RE:NR

RE:NR
No one here has mentioned the fact Kora/Eutompi is being delineated in 3 dimensions.

The interpreted strike length of the Kora/Eutompi Vein System is approximately 1,100 metres at surface, but potentially based on limited drill testing to date, this reduces at depths greater than 200 metres to 500 metres strike length, although it is open for expansion both at depth and along strike in both directions. The deepest intersection in hole BKDD0023 is 900 metres below the surface outcrop of the Vein System and almost 500 metres below the deepest Inferred Resource (see Figure 1). The KMDD0009 intersection is approximately 700 metres below the surface and 500 metres along strike from BKDD0023.
Given recent information, drilling has identified the new discovery at the vertical depth of
900 meters.


It's really too early to make a accurate 3D interpretation of the structure but to classify the deposit as a narrow vein system is a bit of a understatement don't you think ?


Sauli


Bullboard Posts