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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 stazon Aug 24, 2017 2:44pm
152 Views
Post# 26618237

RE:RE:3h ago K92 Mining reports high-grade copper and gold results

RE:RE:3h ago K92 Mining reports high-grade copper and gold results
"On the morning of Thursday 24th August, prior to the meeting commencing on site, a group of landowners represented by BILA entered the mine via the 800 mine portal. The company removed its personnel from the area in an attempt to diffuse the situation without incident. However, during their presence, the group caused MAJOR damage to two trucks and one small loader/IT as well as three light vehicles and some underground fixed plant. " That's serious. Such a violence! Apparently, the environment around the mine is not that friendly as we all used to think. Seems like the commercial production in September won't happen. What Q2 numbers will tell in a few days?
Bullboard Posts