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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 Aug 30, 2021 4:49pm
139 Views
Post# 33785498

RE:judd

RE:juddWOW....since I'm not familiar with minning vocabulary, I had to look up stoping:
"Stoping is the process of extracting the desired ore or other mineral from an underground mine, leaving behind an open space known as a stope".
Just discovered & already scheduled to be mined & at 50 g/t this looks like a Bonanza!!

10:38 AM EDT, 08/30/2021 (MT Newswires) -- K92 Mining Inc. (KNT.TO) provided Monday latest results from an ongoing diamond drilling program on the Judd vein system at the Kainantu gold mine in Papua New Guinea.<br /> The company, which at last look gained 2.5% in early Monday trading, said highlights included 8.51 meters at 49.93 g/t gold equivalent, 3.70 meters at 53.63 g/t gold equivalent and 8.35 meters at 19.18 gold equivalent.<br /> K92 said the results demonstrate the continuity and high-grade potential of Judd, with drilling focused on step-out drilling and a maiden resource expected later this year.
As a result of the promising results,
K92 said the first production stoping at Judd is planned for the fourth quarter.


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