Highlights include: Production of 9,324 ozs of gold and 165,976 lbs copper in Q1 2018 The average grade treated through the Process Plant for Q1 2018 was 16.95 g/t Au and 0.44% Cu Grade Control drilling commenced from the third underground diamond drill cuddy Exploration drilling from underground is underway up dip and down dip from current Kora [...]
VANCOUVER, British Columbia, March 29, 2018 -- Drill Hole KMDD0087 records multiple high grade intersections, including: K1E intersection of 2.85 m at 53.39 g/t Au, 3 g/t Ag and 0.13% Cu K2 intersection of 3.70 m at 6.94 g/t Au, 13 g/t Ag and 0.56% Cu K2 HW intersection of 3.70 m at 10.79 g/t Au, 25 g/t Ag and 2.83% Cu K92 Mining Inc. is pleased to [...]
VANCOUVER, British Columbia, March 13, 2018 -- K92 Mining Inc. announces the grant of 700,000 stock options to employees of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $0.60 per share, expire on March 9, 2023 and vest over 12 months from the date of grant. ON BEHALF OF K92 MINING INC [...]
VANCOUVER, British Columbia, March 06, 2018 -- K92 Mining Inc. is pleased to announce the completion of its previously announced brokered private placement for gross proceeds of $6,500,025 . Pursuant to the private placement, the company issued a total of 14,444,500 Units at a price of $0.45 per Unit. Each Unit consists of one common share and one [...]
Drill Hole KMDD0057 records 6.95 m at 13.78 g/t Au, 3 g/t Ag and 0.03% Cu plus 2.65 m @ 14,51 g/t Au, 63 g/t Ag and 2.58% Cu Drill Hole KMDD0051 records multiple intersections including 3.4 m at 16.84 g/t Au, 23 g/t Ag and 1.35% Cu Drill Hole KMDD0055 records 3.2 m at 9.83 g/t Au, 52 g/t Ag and 0.33% Cu plus 4.50 m at 4.68 g/t Au, 14g/t Ag and [...]
HIGHLIGHTS INCLUDE: The updated resource for the Kora North deposit comprises a Measured Resource of 33,200 tonnes @ 10.3 g/t Au, 31 g/t Ag and 1.2% Cu; an Indicated Resource of 103,500 tonnes @12.7 g/t Au, 30 g/t Ag and 1.3% Cu and an Inferred Resources of 183,500 tonnes @ 14.4 g/t Au, 27 g/t Ag and 0.9% Cu. The Total Measured, Indicated and [...]
VANCOUVER, British Columbia, Feb. 26, 2018 -- K92 Mining Inc. reports that there has been no impact to its site from the recent earthquake that occurred in Papua New Guinea early Monday morning. The epicenter of the earthquake was about 96 kilometres south-west of Mendi, the capital of Southern Highlands province. Mining, processing and exploration [...]
VANCOUVER, British Columbia, Feb. 20, 2018 -- K92 Mining Inc. is pleased to advise it has awarded the contract from the installation of a gold gravity recovery circuit into the Process Plant at its Kainantu Gold Mine in Papua New Guinea to Mincore Pty Ltd . Previous testwork carried out on samples from the Kora deposit indicated that up to 65% of [...]
Feb. 13, 2018 -- K92 Mining Inc. is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. as Lead Agent on behalf of a syndicate of agents , to increase the size of its previously announced C$5,000,040 “best efforts” private placement offering. Pursuant to the upsized deal terms, the Agents have [...]
Feb. 12, 2018 -- K92 Mining Inc. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent on behalf of a syndicate of agents , whereby the Agents will raise up to C$5,000,040 through an Offering of up to 11,111,200 units of the Company to be priced at C$0.45 per Unit. Each Unit is comprised of one [...]
Multiple wide intervals of high grade mineralization from hole KMDD0049 Drillhole intersections are above the current working levels Drilling ongoing VANCOUVER, British Columbia, Feb. 09, 2018 -- K92 Mining Inc. has intersected multiple intervals of high grades of gold in drill hole KMDD0049, which is a drill hole on the most southerly line being [...]
VANCOUVER, British Columbia, Feb. 07, 2018 -- K92 Mining Inc. is pleased to announce it has achieved and declares commercial production effective February 1, 2018 at its Kainantu Gold Mine in Papua New Guinea. Production for the month of January 2018 exceeded 2,700 ozs gold equivalent . At this level of production, based on the budgeted monthly [...]