K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

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.

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K92 Mining Inc > Do you know what you own here? Well let's

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Comment by joolsson Mar 24, 2021 10:00am

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RE:RE:Do you know what you own here? Well let's

IMHO a share price of higher than $50 is not pie in the sky why? Lewins said in a recent interview that they believe that they will be in PNG for longer than 30 years. The twin incline currently under construction will have a capacity of more than 3mil. tons pa which at current grades will produce maybe 1 mil,ounzes of gold pa so in about 5 years time we may be talking of a company with a life of 30 years producing cica 1mopa and who knows about Blue Lake?

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