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 [...]
K92 Mining Inc. is pleased to announce results from its financial statements for the three months ended June 30, 2020. Second 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, with no confirmed cases amongst employees. K92 continues to operate and [...]
K92 Mining Inc. has filed and made available for download on the Company’s SEDAR profile , a technical report titled “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 Guinea” with an effective date of April 2, 2020 prepared by Anthony Woodward BSc , M.Sc., MAIG, Simon [...]
K92 Mining Inc. is pleased to announce the results of the Preliminary Economic Assessment on its Kora gold deposit , which together with its Irumafimpa gold deposit comprise the Kainantu Gold Mine Project in Papua New Guinea. Based on the results of the study, the Company is proceeding to a Definitive Feasibility Study for the Kora Stage 3 Expansion. Stage 3 Expansion PEA Study Highlights After-tax NPV5% of US$1.5 billion [...]
K92 Mining Inc. announces that it will release its second quarter 2020 financial results after the North American markets close on Thursday, August 13, 2020. Conference Call and Webcast to Present Results K92 will host a conference call and webcast to present the second quarter 2020 consolidated financial results at 10:00 am on Friday, August 14, 2020. Listeners may access the conference call by dialing toll-free to [...]
K92 Mining Inc. is pleased to announce the appointment of Anne Giardini to the Company’s Board of Directors. Ms. Giardini, QC, has over 30 years of experience as a lawyer, senior executive and director. She brings extensive expertise in the areas of strategy, governance, public reporting, financings, mergers and acquisitions, aboriginal affairs, safety and environment, government relations, litigation, and employment and [...]
Drill Hole KMDD0181 records multiple intersections including 10.40 m at 24.81 g/t Au, 11 g/t Ag and 0.28% Cu at the K2 Vein and 2.84 m at 5.36 g/t Au, 628 g/t Ag and 8.39% Cu at the K3 Vein. Drill Hole KMDD0189 records multiple intersections including 4.26 m at 45.98 g/t Au, 136 g/t Ag and 7.39% Cu at the K2 Vein. In combination with K1, Kora Link and K2, records a bulk intersection of 24.0 m at 11.31 g/t Au, 26 g/t Ag [...]
K92 Mining Inc. is pleased to announce results of its Annual General and Special Meeting of Shareholders held on July 8, 2020 in Vancouver, Canada. Shareholders voted in favour of all items proposed by the Board of Directors and management. All seven of the individuals nominated as directors were re-elected. Shareholders also voted in favour of appointing PricewaterhouseCoopers LLP as auditor of the Company for the [...]
Q2 production achieved a record of 25,762 oz of gold, 531,406 lbs copper and 10,867 oz silver for a total of 26,847 gold equivalent oz, a 37% increase from Q2 2019. Record tonnage of 49,311 tonnes treated in Q2 2020, a 30% increase from Q2 2019. Positive grade reconciliation versus resource model, with gold head grade of 17.64 g/t gold and copper at 0.54%. Surface exploration recommenced by end of Q2 following lifting of [...]
K92 Mining Inc. announces that, further to the updated resource estimate for the Kora deposit at the Company’s Kainantu Gold Mine in Papua New Guinea , in consideration of the potential delays in obtaining signatories and certificates resulting from the COVID-19 pandemic, the Company will be postponing the filing of the technical report that is required to be filed by July 3, 2020, pursuant to section 4.2 of National [...]
Operations have delivered strong performance despite the ongoing COVID-19 State of Emergency in Papua New Guinea , with gold equivalent production on track to exceed 1Q 2020. On June 16, the SOE ended, resulting in a further easing of some restrictions. The process plant has performed well, with daily throughput of over 700 tonnes achieved on numerous days. As a result, throughput for 2Q is expected to meet or exceed 1Q [...]
K92 Mining Inc. is pleased to announce results from the updated resource estimate that has been completed on the Kora deposit, at its producing Kainantu Gold Mine in Papua New Guinea. The resource estimate is based on surface and underground exploration diamond drilling and underground face sampling . Kora Deposit Mineral Resource Estimate Highlights: Measured and Indicated Resource of 1.1 million ounces at 10.45 g/t gold [...]
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