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K92 Mining Inc KNTNF


Primary Symbol: T.KNT

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
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Post by Betteryear2on Oct 16, 2024 5:03pm
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Post# 36268909

K92 Mining Announces Significant Improvement to Economics

K92 Mining Announces Significant Improvement to EconomicsVANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the results of its Updated Integrated Development Plan (“Updated IDP”) for its Kainantu Gold Mine Project (the “Kainantu Project”) in Papua New Guinea. The Updated IDP comprises two scenarios: 1) Kainantu Stage 3 Expansion Definitive Feasibility Study Case (“DFS” or “DFS Case”); and 2) Kainantu Stage 4 Expansion Preliminary Economic Assessment Case (“PEA” or “PEA Case”). The results of the Updated IDP will be set forth in an independent technical report prepared in accordance with National Instrument 43-101 - Standards for Disclosure of Mineral Projects (“NI 43-101”) within forty-five days from now.

K92 Mining Announces Significant Improvement to Economics (globenewswire.com)


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