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 > Realized Gold Price

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Comment by cyber37on Apr 02, 2024 10:18am

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Post# 35964954

RE:Realized Gold Price

"Nevertheless, I thought it interesting that KNT routinely has a Realized
Gold Price significantly lower than all above despite handling similar
concentrate and dore shipments from multiple mine locations.
Why? "
Two years or so back….KNT re-negotiated royalty paid to PNG & intentionally agreed to pay higher rates; which IMHO was a good move towards strengthening relations with locals. I think this higher rate may have something to do with a lower realized gold price.
G37

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