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.

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K92 Mining Inc > New Press Release - K92 Mining Announces Q3.....wow!!!

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Comment by tuesdaynightridon Oct 17, 2023 12:34pm

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Post# 35687348

RE:RE:RE:RE:New Press Release - K92 Mining Announces Q3.....wow!!!

4commonsense,

The copper price does have an impact on the 3 contributors to KNT revenue (AU,CU,AG)
and ultimately the AU equivalent price but it is relatively small.
It's good to keep tabs on this relative relationship.

I go back to Q2 results for current distribution.

While the revenue weighting will change each quarter, the following are the results as of Q2:
AU= 89%
CU= 10%
AG= 1%

In short, gold continues to drive the AU equivalent price by nearly 10 to 1.
That said, a $5,6 or $7 cu price as touted by some for EV's would be nice.