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 > K92 Mining Announces Latest Drilling Results

<< Previous

Bullboard Posts

Next >>

Comment by 4CommonSenseon May 15, 2024 6:36pm

155 Views

Post# 36042208

RE:RE:RE:K92 Mining Announces Latest Drilling Results

My model suggests that at this point -- and taking into account stage 3 in 2025, and future increases in AU production to around 250, 000 oz in 3-4 years - a reasonable price would be $9.65/s today. It appears to be moving towards this.

The likilhood of a take over also increases over the next 1-2 years with a likely take over price of $13-$15/s

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec