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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 ITSTHELAWon May 09, 2021 8:17am
234 Views
Post# 33161386

Should be a drilling update

Should be a drilling updatebefore to May 14 q1 release/conference call. Must be 11 drills now and the last drilling update was Feb.18. Don't think the q1 results will move the needle as we already know strong cash position, no debt (maybe very low aisc might), no impact on 2021 guidance etc. Positive news like drilling results, MOA, Blue lake update will move the needle as the price of gold is cooperating. Should be an interesting week!
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