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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
Post by goldboy1on Apr 25, 2018 12:47pm
243 Views
Post# 27938738

Quote from News !!!

Quote from News !!!John Lewins, K92 chief executive officer and director, stated: "The first hole drilled from the new drill cuddy DDC3, KMDD0082, was possibly our best hole to date, however, this has been totally eclipsed by the results from the second hole, KMDD0084 which included a section of 0.72 metre assaying at over 3,500 g/t Au. These two holes are the furthest south that we have drilled and appear to indicate a general increase in both copper and gold grades as we move further south. Importantly from the perspective of building our confidence in the continuity of the Kora -- Irumafimpa system, hole KMDD0084 is just over 200 metres along strike from the deepest hole drilled by Barrick from surface, BKDD0023. This hole reported over 30 metres of continuous mineralization from 920 metres downhole and finished in mineralization as the hole could not be drilled any deeper.
Bullboard Posts