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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 kijijion Feb 16, 2022 4:39pm
214 Views
Post# 34435390

High Grades, Record Thicknesses From Maiden Surface Step-Out

High Grades, Record Thicknesses From Maiden Surface Step-Out
K92 Mining Announces High Grades, Record Thicknesses From Maiden Surface Step-Out Drilling Results at Kora South and Judd South, Airborne Geophysics Defines Extensive New Targets
 
February 16, 2022
KUDD0001 at Judd South, stepping out 150 m to the south from the nearest historical surface drill hole and the southernmost hole to date, recorded multiple intersections including 15.25 m at 15.87 g/t gold equivalent (“AuEq”) ( 1) or 13.23 g/t Au, 15 g/t Ag and 1.53% Cu from the J1 Vein and 2.90 m at 8.52 g/t AuEq or 5.41 g/t Au, 16 g/t Ag and 1.81% Cu from the J2 Vein. The hole was terminated early, before reaching Kora South due to loss of hole while drilling.
 
KUDD0001 discovered a significant mineralized dilatant zone at Judd South of 66.55 m at 5.02 g/t AuEq or 3.65 g/t Au, 9 g/t Ag and 0.78% Cu, which includes the J1, J2 Veins and potentially the J3 vein.
 
KUDD0001 intersected a previously unknown vein, located ~75 m East of Judd South, recording 3.45 m at 10.36 g/t AuEq or 10.09 g/t Au, 20 g/t Ag and 0.01% Cu. Prior K92 and historical drilling had not drilled this far east of Judd / Judd South.
 
KUDD0002 recorded multiple intersections at Kora South and Judd South including 6.20 m at 17.26 g/t AuEq or 1.62 g/t Au, 151 g/t Ag and 8.56% Cu from K2 Vein; 0.93 m at 36.39 g/t AuEq or 0.06 g/t Au, 93 g/t Ag and 21.88% Cu from the K1 Vein; 5.00 m at 7.99 g/t AuEq or 4.67 g/t Au, 47 g/t Ag and 1.70% Cu from K3 Vein; 0.9 m at 15.43 g/t AuEq or 14.32 g/t Au, 39 g/t Ag and 0.39% from J1 Vein, and; 1.3 m at 16.63 g/t AuEq or 16.60 g/t Au and 0.01% Cu from J2 Vein.
 
KUDD0002 discovered a significant mineralized dilatant zone at Kora South recording 35.90 m at 5.98 g/t AuEq or 1.42 g/t Au, 47 g/t Ag and 2.48% Cu, which includes the K2 and K3 Veins.
 
Airborne deep penetrating geophysics program completed over entire ~860 km 2 property, delivering excellent correlation between known mineral deposits and conductive bodies. In particular, the results demonstrate an extensive untested potential strike length to Kora-Kora South and Judd-Judd South vein systems beyond the A1 Porphyry to the southeast for several kilometres. Multiple new vein and porphyry targets on all licenses have also been identified.

k92-mining-announces-high-grades-record-thickness
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