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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 ElJon Jun 30, 2022 3:46pm
243 Views
Post# 34794850

RE:RE:RE:RE:RE:RE:OMG PEOPLE

RE:RE:RE:RE:RE:RE:OMG PEOPLECyber37,
                I have difficulty in understanding some of what you write when compared to actual published performance... Mining realities include many issues such as effectively managing Head grade, optimization of multiple minerals in a deposit, vane-nature of a deposit, etc., etc... When you write that

I was looking in a sizable production increase after 2 years of promises, but NO….130K …..same old ….same old"
 
I wish to draw the attention to the K92 Mining reality of :
                                          2018       2019        2020       2021
Actual Gold ozs. produced     45,810    79,838      95,109    95,055  
Gold Equiv. ozs. produced 
     47,237    82,256       98,877    104,196
Avg. Head Grade  g/t               19.1         20.8          14.0         9.8
Cash Costs per oz.                 $589       $494          $651       $614
AISC(All-in sustaining costs)  $809       $680          $782       $856

I consider that 130,000 Gold Equiv. ozs. would be a significant production increase(projected range 115,000  to  140,000 ozs.) in year 2022, as an intermediate production growth step, but operational performance, strategic feed-mix and other choices by management are core considerations also.   

Peace,
Good decision-making to All,
ElJ                        
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