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 > Stunningly Positive NR for 4th Q

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Post by tuesdaynightridon Apr 01, 2024 6:15pm

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Post# 35963810

Stunningly Positive NR for 4th Q

The 4th q eps at 0.09/share was well above consensus.I personally was expecting
much worse and am a little stunned in a positive way.

Tomorrow, the really big news will be the status of the underground mining operations
that were halted on March 14. Here again, if they report that the issues have been
resolved with the government, then the 16 day downtime should be offset by a realized
gold price that should be at least $200 greater 4th Q ($1898) to 1st Q.

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