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

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Post by ITSTHELAWon Jul 16, 2021 5:10pm

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Post# 33562751

Waffle III and all the rest

From the k92 website
K92 Mining owns the Kainantu Gold Mine located in the Eastern Highlands province of Papua New Guinea. The Kainantu Gold Mine is a high-grade, low cost underground mine within a ~725 km2 land package in a region known for Tier 1 deposits. K92 has doubled throughput to 400,000 tonnes/year, which would increase annual production to +120 koz/year. Stage 3 Expansion PEA outlines Tier 1 production, with a run-rate production of +315koz AuEq pa starting in late-2023, average AISC of US$486/oz AuEq and After-Tax NPV5% of US$1.5b at US$1,500/oz Au. Drilling to support potential further expansions is also underway with 10 rigs currently operational.
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