Judd Vein #1 1235 Level development extended to 223 metres, representing a 114 metre extension since the September 3, 2020 press release. The extension encountered notably higher-grade material, with the J1 Vein averaging 3.7 metres wide at 13.57 g/t gold equivalent or 12.17 g/t Au, 0.79% Cu and 19 g/t Ag. High grade vein face channel samples include: • 5.46 metres at 109.54 g/t AuEq or 108.0 g/t Au, 0.27% Cu and 100 [...]
K92 Mining Inc. announces that, in response to comments raised by the Toronto Stock Exchange in connection with the Company’s contemplated listing on the TSX it has filed an amended technical report titled, “Revised Independent Technical Report, Mineral Resource Estimate Update and Preliminary Economic Assessment for Expansion of the Kainantu Mine to Treat 1 Mtpa from the Kora Gold Deposit, Kainantu Project, Papua New [...]
K92 Mining Inc. is pleased to announce results from its interim financial statements for the three and nine months ended September 30, 2020. Third Quarter 2020 Highlights: Safety Strong safety record continues, with no lost time injuries 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 [...]
Results reported for the first four holes of K92’s Phase 1 underground drill program of the sparsely drill tested Judd vein system. Drilling has identified a well-mineralized vein system, intersecting multiple parallel veins trending North-South, ~150-200 m East and subparallel to the producing Kora deposit, near mine infrastructure and within the mining lease. JDD0006 intersected multiple veins, including recording [...]
K92 Mining Inc. announces that it will release its third quarter 2020 financial results before the North American markets open on Monday, November 16, 2020. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the third quarter 2020 consolidated financial results at 8:30 am on Monday, November 16, 2020. Listeners may access the conference call by dialing toll-free to [...]
Results reported for the first six holes drilled by K92 of the largely untested Karempe vein system. Drilling has delineated a well mineralized vein system, intersecting five parallel veins, trending North-South, sub-parallel and ~450m West of the producing Kora deposit. Multiple high-grade intersections reported on the KA1 Vein, including hole KRDD0005 recording 2.45 m at 39.82 g/t Au, 6 g/t Ag and 0.19% Cu . KRDD0006 [...]
K92 Mining Inc. is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX. John Lewins, K92 Chief Executive Officer and Director, stated, “Graduating to the TSX is a significant milestone for K92 and our stakeholders. We believe that the listing is recognition of the substantial growth and strong [...]
Q3 production achieved 21,298 oz of gold, 488,020 lbs copper and 7,127 oz silver for a total of 22,261 gold equivalent oz, a 16% increase from Q3 2019. Successfully completed commissioning of Stage 2 process plant, doubling throughput capacity from 200,000 tpa to 400,000 tpa . During commissioning, the mill has demonstrated capacity above the design of 1,100 tpd, including 5 consecutive days averaging almost 1,200 tpd [...]
K92 Mining Inc. announces the grant of incentive stock options for the purchase of an aggregate of 3,420,000 common shares to employees, directors and consultants of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $6.73 per share, expire five years from the date of grant, and vest in three installments over twelve months from the date of grant. About K92 [...]
First significant exploration undertaken on Judd by K92, with approximately 109 metres of 5.5m x 5.5m development completed on Judd #1 Vein, one of four known Judd veins. Based on grade control channel sampling, an estimated 6,200 tonnes at 5.5 g/t gold equivalent or 3.6 g/t gold, 1.11% copper and 19 g/t silver with an average thickness of 3.4 metres was extracted from Judd #1 Vein. Development drive reported solid [...]
Drill Hole KMDD0230 records multiple intersections including 6.21 m at 48.11 g/t Au, 13 g/t Ag and 1.05% Cu at the K1 Vein. In combination with K1, Kora Link and K2, records a bulk intersection of 23.66 m at 13.61 g/t Au, 13 g/t Ag and 0.84% Cu . Drill Hole KMDD0227 records multiple intersections including 4.32 m at 133.40 g/t Au, 4 g/t Ag and 0.25% Cu at the K1 Vein. Drill Hole KMDD0225 records multiple intersections [...]
K92 Mining Inc. announces the grant of 550,000 incentive stock options to a director of the Company, under its incentive stock option plan . The Stock Options have an exercise price of $7.25 per share, expire five years from the date of grant, and will vest periodically over the next 12 months in accordance with the Plan. The Stock Options are subject to a trading hold period expiring four months plus one day from the [...]
