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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 Ogopogo007on Sep 08, 2021 6:38am
217 Views
Post# 33823719

K92 Mining Announces Inclusion in the S&P/TSX Composite Inde

K92 Mining Announces Inclusion in the S&P/TSX Composite Inde

K92 Mining Announces Inclusion in the S&P/TSX Composite Index

VANCOUVER, British Columbia, Sept. 08, 2021 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce that it will be added to the S&P/TSX Composite Index effective Monday, September 20, 2021, prior to the open of trading on the Toronto Stock Exchange (the "TSX"). The S&P/TSX Composite Index is the headline index for Canada and is the principal benchmark measure for the Canadian equity markets, represented by the largest companies on the TSX.

John Lewins, K92 Chief Executive Officer and Director, stated, “On behalf of the Board of Directors and our employees, we are honored to be included in the S&P/TSX Composite Index. This represents a major achievement, and we believe an important milestone acknowledging K92’s growth accomplished in multiple areas and also a broadening investor base.

Looking ahead, we are very excited about the outlook for K92. In terms of production, we are currently ramping up our Stage 2 Expansion with planning for a Stage 3 Expansion already underway. On exploration, only ~20% of the vein field strike length has been drill tested and the vast majority tested remains open at depth. Recent vein field exploration results at the Kora and Judd vein systems have been some of our strongest to date. Porphyry exploration has also made considerable progress and is now targeting the potassic core at the Blue Lake Cu-Au porphyry.

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