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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 p.yuon Jan 08, 2019 9:38pm
197 Views
Post# 29203632

Continues to deliver with plenty of upside

Continues to deliver with plenty of upside

It is not too often that you find a Gold mining company that can use internally generated cash flow to expand its operations from 45K oz to Average production of over 120,000 oz AuEq* per annum with cash costs of US$429/oz AuEq* and all-in sustaining costs (AISC) of US$615/oz AuEq. 

That is impressive to say the least but then add in the blue sky upside of drilling that could expand the resource to 5-9M oz reserves. 

Bullboard Posts