K92 Mining Inc. is pleased to announce results from its financial statements for the three and twelve months ended December 31, 2020. Safety Strong safety record continues and one of the best safety records in the Australasia region since start of operations. Proactive and focused management of COVID-19. K92 continues to operate and has strong preventative and response plans. Production Fourth Quarter 2020 Record [...]
K92 Mining Inc. provides the following update on the Kainantu operations and the increasing presence of COVID-19 in Papua New Guinea. The Kainantu Gold Mine, located in Eastern Highlands Province, Papua New Guinea, continues to operate, with a number of COVID-19 cases identified through our containment measures, contact tracing, quarantine procedures and routine testing. K92 has on-site quarantine facilities, which were [...]
K92 Mining Inc. announces that it will release its fourth quarter and full-year 2020 financial results before the North American markets open on Monday, March 29, 2021. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the fourth quarter and annual 2020 consolidated financial results at 8:30 am on Monday, March 29, 2021. Listeners may access the conference call by [...]
Drill Hole KMDD0266 records multiple intersections including 7.20 m at 64.88 g/t gold equivalent or 59.00 g/t Au, 56 g/t Ag and 3.89% Cu from the K1 Vein. Drill Hole KMDD0280 records multiple intersections including 6.82 m at 37.19 g/t AuEq or 34.80 g/t Au, 22 g/t Ag and 1.59% Cu from the K2 Vein and 12.65 m at 13.45 g/t AuEq or 12.86 g/t Au, 6 g/t Ag and 0.39% Cu from the K1 Vein. Drill Hole KMDD0263 records multiple [...]
K92 Mining Inc. is pleased to announce that on February 12, 2020, a State Delegation, including the Honorable James Marape, Prime Minister of Papua New Guinea, the Honorable Peter Numu, Governor of Eastern Highlands Province, and the Honorable Johnson Tuke, Minister for Mining and local Member of Parliament for Kainantu, met with representatives of K92. Highly productive meetings, presentations and community events were [...]
K92 Mining Inc. is pleased to announce it has been named to the 2021 OTCQX? Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. This is K92's third consecutive year in the OTCQX Best 50 Ranking. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return [...]
Judd Vein #1 1235 Level development extended to 288 metres, representing a 65-metre extension since the November 23, 2020 press release. Development has encountered higher grades as it advances to the South, with the extension recording an average J1 Vein thickness of 3.8 metres at 18.70 g/t gold equivalent or 17.13 g/t Au, 0.82% Cu and 37 g/t Ag from channel sampling. Mineralization style from development drive continues [...]
Production in 2021 is expected to grow 16-36% year over year, with Gold Equivalent production of between 115,000 and 135,000 ounces. High margin production forecasted in 2021, with Cash Costs between $515-565 per ounce gold and All-in Sustaining Costs between $825-$875 per ounce gold. Exploration to increase significantly, with expenditures of $14-17 million projected in 2021. During the course of 2020, the drill rig [...]
Record quarterly production in Q4 of 29,820 oz of gold equivalent or 28,809 oz gold, 493,584 lbs copper and 10,395 oz silver, representing a 26% AuEq increase from Q4 2019. Record annual production of 98,872 oz AuEq or 95,109 oz gold, 1,853,078 lbs copper and 36,067 oz silver, representing a year-over-year AuEq increase of 20%. Record quarterly plant throughput with 68,932 tonnes processed, representing a 127% increase [...]
K92 Mining Inc. is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange . The Common Shares will commence trading on the TSX effective as of the open of the market on December 9, 2020. Upon listing on the TSX, the Common Shares will continue to trade under the symbol “KNT”. In conjunction with listing on the TSX, the Common Shares will be voluntarily [...]
K92 Mining Inc. is pleased to announce that it has been selected by the Prospectors & Developers Association of Canada to receive the 2021 Thayer Lindsley Award for the discovery of its Kora North deposit at its producing Kainantu Gold Mine in Eastern Highlands Province, Papua New Guinea. The award recognizes an individual or team of explorationists credited with a recent significant mineral discovery globally and will be [...]
Drill Hole KMDD0261 records multiple intersections including 9.80 m at 84.92 g/t gold equivalent or 83.27 g/t Au, 10 g/t Ag and 1.03% Cu, extending a known high-grade area ~50 metres up-dip. Drill Hole KMDD0262 records multiple intersections including 3.80 m at 36.23 g/t AuEq or 31.34 g/t Au, 83 g/t Ag and 2.63% Cu. Drill Hole KMDD0229 records multiple intersections including 1.67 m at 31.15 g/t AuEq or 29.76 g/t Au, 8 [...]