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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 merlin991on Oct 20, 2021 1:34pm
182 Views
Post# 34027898

RE:re report

RE:re reportJools this is an outstanding company amongst the miners. It is doing everything right. It's aim is to become a 1moz per annum production company. I am not perturbed in the least for any short term production deviations.

They are planning to build their tunnels for a 3m tonnes production system. I believe they will reach that within 5 years. 

The resource is likely to be raised very substantially over the next few months and we are likely to see a 20moz gold company. The geology of their lease shows that is very much in the cards.

Any decent news on their porphyry targets and there will be a scramble by the big miners to make a very decent acquisition. With the macro back drop of money printing and an advancing gold price we are likely looking at a $5-10B US company. 

I don't see any other miner with this potential out there.

We can see that  gold is not giving up and the miners are responding. 
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