K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

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

K92 Mining Inc

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Post by cyber37on Feb 24, 2022 10:16am

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Post# 34457781

KNT & war in Ukraine

Cup & handle is just a coincidence but war in Ukraine is likely the culprit here. Since Russia unleashed its missiles on Ukraine yesterday morning; world is running to safety of gold. This war has the potential to spread into Europe and it may make Russia draw down its gold reserves & have effect on gold price. This maybe turn out to be a World vs Russia war and have major impact on oil (gas) & gold. North Stream 2 pipeline is on hold already.
G37

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