Judd | Jotup

Local Non-Profit Hoping to Make a Difference During the Holiday Season

Retrieved on:

Friday, December 2, 2022

The JL Cares Leadership team also seeks out partnerships with other local businesses to make a greater impact than they could by themselves.

Key Points:

The JL Cares Leadership team also seeks out partnerships with other local businesses to make a greater impact than they could by themselves.
With the rising prices in the cost of goods, the team hopes it can make a difference in the lives of a few.
To nominate a family, visit jlcares.org and tell the team how JL Cares can make a difference in the lives of a family.
JL Remodeling's owner, Jeff Laurence has a passion towards helping people, and launched the JL Cares non-profit in 2021.

K92 Mining Announces Filing of Technical Report for Maiden Blue Lake Resource Estimate

Retrieved on:

Saturday, September 24, 2022

VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a technical report (the Technical Report) containing a maiden resource estimate on the Blue Lake gold-copper porphyry deposit in Papua New Guinea.

Key Points:

VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a technical report (the Technical Report) containing a maiden resource estimate on the Blue Lake gold-copper porphyry deposit in Papua New Guinea.
The Technical Report, titled, Independent Technical Report, Mineral Resource Estimate Blue Lake Porphyry Deposit, Kainantu, Papua New Guinea dated September 20, 2022, with an effective date of August 1, 2022, was prepared by Simon Tear BSc (Hons), EurGeol, PGeo IGI, EurGeol, and Anthony Woodward BSc (Hons), M.Sc., MAIG.
K92 has completed two diamond drill programs at Blue Lake for a total of 26 holes and 16,474.8 metres.
A maiden resource estimate on the Blue Lake porphyry project was completed in August 2022.

K92 Mining Releases Strong 2022 Q2 Financial Results – Record Cash Balance, Mine and Mill Throughput

Retrieved on:

Monday, August 15, 2022

Judd, GLOBE, KNT, TSX, Silver, COVID-19, Mission statement, Depreciation, Copper, Tax, Safety, Kora, Soil, Â, TPA, Gold, Porphyry, SEDAR, Mining, Lithium, Printed circuit board, Mobile phone, A1

K92 has continuously operated throughout the COVID-19 pandemic, and has strong preventative and response plans, with pandemic resiliency strengthening through ongoing vaccination programs.

Key Points:

K92 has continuously operated throughout the COVID-19 pandemic, and has strong preventative and response plans, with pandemic resiliency strengthening through ongoing vaccination programs.
Record mine throughput with 114,471 tonnes mill feed mined during the quarter or 1,258 tpd, an increase of 59% from Q2 2021.
Strong quarterly gold equivalent (AuEq) production of 26,085 oz or 22,934 oz gold, 1,229,961 lbs copper and 25,224 oz silver (1).
Record monthly throughput achieved in June, averaging 1,251 tpd, 14% above the Stage 2 Expansion run-rate of 1,100 tpd.

K92 Mining Closes CAN$50 Million Bought Deal Financing

Retrieved on:

Wednesday, July 6, 2022

VANCOUVER, British Columbia, July 06, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT) is pleased to announce that, further to the Company’s press release dated June 13, 2022, the Company has closed its bought deal private placement for aggregate gross proceeds of CAN$50,000,875, pursuant to which the Company issued 5,405,500 common shares (the “Shares”) at a price of CAN$9.25 per Share (the “Offering”).

Key Points:

The Underwriters were paid a cash fee of 5.0% of the aggregate gross proceeds of the Offering.
Copies of the Prospectus and documents incorporated by reference therein are available electronically on SEDAR (www.sedar.com) under the Companys issuer profile.
K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.

K92 Mining Announces $50 Million Bought Deal Offering

Retrieved on:

Monday, June 13, 2022

VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Cormark Securities Inc., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 5,405,500 common shares (the “Common Shares”) of the Company at a price of C$9.25 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$50,000,875.00 (the “Offering”).

Key Points:

In the event the over-allotment option is exercised in full, the aggregate gross proceeds of the Offering will be C$57,501,006.25.
The Company intends to use the net proceeds from the Offering for the continued expansion of the Kainantu Gold Mine, exploration near-mine and regionally and for general corporate and working capital purposes.
K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.

K92 Mining Appoints Christopher Kinver as Project Director, Kora Expansion at Kainantu Gold Mine

Retrieved on:

Monday, June 6, 2022

VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Christopher Kinver as Project Director, Kora Expansion.

Key Points:

VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Christopher Kinver as Project Director, Kora Expansion.
Mr. Kinver joined K92 in September 2019, developing a strong knowledge of the Kainantu Gold Mine and operating in Papua New Guinea, initially as Kainantus Mining Manager and most recently the Evaluations and Studies Manager.
John Lewins, K92 Chief Executive Officer and Director, stated, We are very pleased with the appointment of Christopher Kinver to the role of Project Director, Kora Expansion.
Importantly, Mr. Kinver has a tremendous familiarity with Kainantu and operating in Papua New Guinea, with almost 3 years experience with K92.

K92 Mining Releases Strong 2022 Q1 Financial Results – Record Cash Balance and Record Monthly Throughput

Retrieved on:

Monday, May 16, 2022

(2) The Company provides some non-international financial reporting standard measures as supplementary information that management believes may be useful to investors to explain the Companys financial results.

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(2) The Company provides some non-international financial reporting standard measures as supplementary information that management believes may be useful to investors to explain the Companys financial results.
Please refer to non-IFRS financial performance measures in the Companys managements discussion and analysis dated May 13, 2022, available on SEDAR or the Companys website, for reconciliation of these measures.
K92 has not based its production decisions on mineral reserve estimates or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
K92 will host a conference call and webcast to present the 2022 first quarter financial results at 8:30 am (EDT) on Monday, May 16, 2022.

K92 Mining Announces Filing of Technical Report for Updated Kora Resource Estimate and Maiden Judd Resource Estimate

Retrieved on:

Monday, April 4, 2022

VANCOUVER, British Columbia, April 04, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a technical report (the Technical Report) containing an updated resource estimate on the Kora gold deposit and a maiden resource estimate on the Judd deposit, in Papua New Guinea.

Key Points:

VANCOUVER, British Columbia, April 04, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a technical report (the Technical Report) containing an updated resource estimate on the Kora gold deposit and a maiden resource estimate on the Judd deposit, in Papua New Guinea.
Refer to the Companys news release dated February 23, 2022, for a summary of the key results, assumptions and estimates contained in the Technical Report.
The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and is available under the Companys SEDAR profile ( www.sedar.com ) and on the K92 website at www.k92mining.com .
K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.

K92 Mining Releases Strong 2021 Q4 & Annual Financial Results – Record Cash Balance, Throughput & Production

Retrieved on:

Wednesday, March 30, 2022

VANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce results from its financial statements for the three and twelve months ended December 31, 2021.

Key Points:

K92 has continuously operated throughout the COVID-19 pandemic, has strong preventative and response plans, with pandemic resiliency strengthening through ongoing vaccination programs.
Record quarterly gold equivalent (AuEq) production of 36,145 oz, or 33,220 oz gold, 1,048,100 lbs copper and 28,218 oz silver, representing a 21% increase from Q4 2020 (1).
Record annual AuEq production of 104,196 oz or 95,055 oz gold, 3,375,528 lbs copper and 70,792 oz silver, exceeding the updated guidance range of 96,000 to 102,000 oz AuEq.
Balance sheet significantly strengthened during Q4, with a record cash position and quarterly cash increase of US$16.7 million to US$71.3 million as of December 31, 2021.

K92 Mining 2022 Operational Guidance Forecasts Significant Production Increase

Retrieved on:

Monday, January 24, 2022

VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to provide its operational outlook for 2022. The Company expects a significant, year over year, increase in gold equivalent production of up to 34% to 115,000 to 140,000 ounces, while also delivering low-cost production with an estimated cash cost of $560-$640 per ounce gold and all-in sustaining cost (“AISC”) of $890-$970 per ounce gold. Additionally, the Company plans to ramp-up exploration activities and invest in future production growth.

Key Points:

John Lewins, K92 Chief Executive Officer and Director, stated, 2021 was a record year and we plan to deliver another record year in 2022.
We are also very excited about exploration for 2022, with most of the program focused on resource growth.
Work on the drilling of a 5-metre diameter raisebored ventilation shaft located in the south of the Mining Lease is also scheduled to commence in late 2022.
K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.