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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 VINDICARon Jul 22, 2021 6:02pm
107 Views
Post# 33591707

RE:RE:lease renewal

RE:RE:lease renewalthank you so much for that info.  what mining regulations might enable Papua New Guinea government to decide not to renew the lease, like they did with the barrick mining non renewal recently?  just trying to learn what could occur if the mine becomes very very desireable by the government or china with their loan to the government.  Can not Papua New Guinea government simply choose not to renew because it wants the high quality mine all for itself?   You are clearly more knowledgable than I and I will not bother you more. I greatly appreciate your knowledge. I am a long term investor in K92 and hoping to stay the course . 

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