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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 oilsydon Jan 13, 2022 9:50pm
170 Views
Post# 34315363

RE:Pondering Q4, 2021 Costs

RE:Pondering Q4, 2021 CostsI keep wondering what that 25% really means.  They did 36000 this quarter and 25% more means 45000 a quarter or 180000 oz eq per year.  That seems on the high side to me, but I was hoping that we would see close to 40000 oz eq by the end of the year which is still  50% more production than this year just passed.  Either way, I think it is an amazing growth story that will translate into much bigger earnings.  So, they plan to be 25% higher within 12 months and within  another 12 months they plan to double up the production to become a tier one asset.  Just incredible.

Oilsyd
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