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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

Post by aimhighon Jan 13, 2021 8:25am
198 Views
Post# 32283288

Results will only get better

Results will only get betterThe record mill throughput and production was achieved despite five days of downtime for mill reline maintenance and a further five days treating a lower grade bulk sample from Judd Vein development

So, lets say we lost a net 7.5 days of throughput. 
7.5/90= 8%
29820 X 1.08 = 32200 Au/eq

This is what we can expect going forward, plus improvements in the float circuit to increase recovery. 
Great job by everyone . 
Lets keep all the drill bits turning.
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