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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

Comment by cyber37on Mar 11, 2021 1:46pm
228 Views
Post# 32774179

RE:In the faves...

RE:In the faves...Rather positive coverage for KNT, thanks; “…one of the best gold mines in the world”.  An exploration play, looking for 8 million oz on top of existing 5 with a cash cost below $500/oz in 2023….wow! “They will be a cash flow machine” - 3x current price by 2023. I’m not on board with $2500/oz gold assumptions sited but with $500/oz cost even $1600/oz is a cash cow.
A possible royalty increase to 40% was the only negative aspect mentioned which I think is only normal in any other jurisdiction in the world these days. 
G37
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