K92 Mining Inc.

K92 Mining Inc. provides the following update on recent activity with regards to community relations. Last week, during the State of Emergency related to the COVID-19 pandemic, a group of disaffected youths from the Bilimoian community blocked the haul road from the process plant to the Company’s Kainantu Gold Mine, demanding that the access road to their villages be upgraded. The blockage of the haul road did not halt [...]

K92 Mining Inc. announces the creation of the Company’s COVID-19 Assistance Fund to support the Papua New Guinea National Government, the Eastern Highlands and Morobe Provincial Governments and our local communities in PNG respond to the COVID-19 pandemic. An initial sum of 1.5 million Papua New Guinea Kina will be allocated to the fund. The contributions are targeting the following areas: Procurement of Personal [...]

Q1 production of 19,240 oz of gold, 339,993 lbs copper and 6,937 oz silver for a total of 19,934 gold equivalent oz. Record tonnage of 47,313 tonnes treated in Q1 2020 achieved, a 76% increase from Q1 2019. Gold head grade in-line with budget averaging 13.58 g/t gold with copper below budget at 0.36%. Processing recoveries of 93.0% for gold and 90.8% for copper. Record development of 1,560 metres achieved in Q1, a 215 [...]

K92 Mining Inc. is pleased to announce results from its financial statements for the three and twelve months ended December 31, 2019. Fourth Quarter 2019 Highlights Record quarterly cash costs of US$461 per gold ounce and all-in sustaining costs of US$658 per gold ounce. Record quarterly gold equivalent production of 23,646 AuEq ounces, exceeding budget by 30% and increasing 23% from the third quarter. Record quarterly [...]

K92 Mining Inc. is providing an operational update on the impact of the Covid-19 pandemic and emergency response plans. To date there has been no significant impact on operations at the Company’s Kainantu Gold Mine in Papua New Guinea as a result of the Covid-19 pandemic. The Company initiated a Covid-19 Management Plan at the operation, which addresses major issues such as occupational health, hygiene and safety [...]

K92 Mining Inc. is pleased to announce it has been named to the TSX Venture Exchange’s 2020 Venture 50, which is an annual ranking of top performing companies from five industry sectors: Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries, and Technology. K92 is ranked second in the Mining category. The Venture 50 ranking is comprised of the strongest companies on TSX Venture Exchange [...]

Drill Hole KMDD0167 records bulk intersection of 30.1 m at 22.7 g/t Au, 5 g/t Ag and 0.54% Cu . The bulk intersection comprises multiple veins, including: ° K1 of 10.0 m at 17.6 g/t Au, 1 g/t Ag, 0.10% Cu ; ° Kora Link of 5.1m at 8.5 g/t Au, 4 g/t Ag, 0.44% Cu ; ° K2 of 10.1 m at 45.7g/t Au, 12 g/t Ag, 1.29% Cu . Drill Hole KMDD0177 records multiple intersections including 14.60 m at 5.96 g/t Au, 35g/t Ag and [...]

K92 Mining Inc. announces the grant of 2,234,000 stock options to employees, directors and consultants of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $3.85 per share, expire five years from the date of grant, and vest in increments over twelve months from the date of grant. About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver from [...]

Production in 2020 is expected to grow 34-46% year over year, with Gold Equivalent production of between 110,000 and 120,000 ounces. Second half of 2020 is projected to deliver the strongest production and lowest costs, with the Kainantu Stage 2 Expansion targeting run-rate throughput by end of 2020. High margin production forecasted in 2020, with Cash Costs between $520-580 per ounce gold and all-in sustaining costs [...]

K92 Mining Inc. is pleased to announce it has been named to the 2020 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. 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 and average daily dollar volume growth in the previous [...]