KNT

K92 Mining Sends Information Circular in Connection with Annual General and Special Meeting of Shareholders

Retrieved on: 
Tuesday, September 28, 2021
Adoption, News, Insurance, LLP, Special, TSX, Proxy, Health, Intention, Annual, COVID-19, OTCQX, Pacific Time Zone, Board, Euclidean distance, Mineral, PNG, Industry, Pacific Ocean, KNT, Company, Legislation, Mining, SEDAR, Dispute resolution, Gold, Forward-looking statement, Safety, Copper, Kora, Accident, Remuneration, Silver, GLOBE, Risk management, Holding company

Health and safety is a paramount value at K92 and to mitigate any risks to stakeholder, employees, partners and community members the Company will hold this years meeting by conference call.

Key Points: 
  • Health and safety is a paramount value at K92 and to mitigate any risks to stakeholder, employees, partners and community members the Company will hold this years meeting by conference call.
  • The Board of Directors of K92 recommends that shareholders vote FOR of all proposed items.
  • K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
  • On Behalf of the Company,
    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain forward-looking statements under applicable Canadian securities legislation.

K92 Mining Announces Inclusion in the S&P/TSX Composite Index

Retrieved on: 
Wednesday, September 8, 2021

The S&P/TSX Composite Index is the headline index for Canada and is the principal benchmark measure for the Canadian equity markets, represented by the largest companies on the TSX.

Key Points: 
  • The S&P/TSX Composite Index is the headline index for Canada and is the principal benchmark measure for the Canadian equity markets, represented by the largest companies on the TSX.
  • John Lewins, K92 Chief Executive Officer and Director, stated, On behalf of the Board of Directors and our employees, we are honored to be included in the S&P/TSX Composite Index.
  • Looking ahead, we are very excited about the outlook for K92.
  • K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.

K92 Mining Announces Maiden Judd 1265 Level Development Results – 83 Metre Strike Averaged 16.48 g/t AuEq at 3.5 Metre J1 Vein Width

Retrieved on: 
Monday, August 23, 2021
KNT, Orthographic projection, GLOBE, Press release, Locator map, Q4, Silver, Infrastructure, Copper, TSX, Uranium, Truffle, High-performance plastics, Road, Mining

VANCOUVER, British Columbia, Aug. 23, 2021 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce that it has completed the first 83 metres of development along the Judd 1265 Level J1 Vein, within the +2.5km strike, sparsely explored Judd Vein System at the Kainantu Gold Mine in Papua New Guinea. This is the second sublevel developed on Judd Vein #1.The development drive towards the North and South encountered high grade mineralization, with an estimated average grade of 16.48 g/t AuEq or 13.56 g/t Au, 1.77% Cu, and 32 g/t Ag of undiluted J1 Vein extracted at an average vein thickness of 3.5 metres that ranged from 1.4 metres to near drive width at over 5 metres based on underground channel sampling. Importantly, the development recorded a significant frequency of high grade with 57% of faces recording J1 Vein average grades greater than 10 g/t AuEq from channel sampling. Some of the high-grade J1 Vein channel sampling results, include:

Key Points: 
  • The results compare favorably with reported drilling and the 1235 Level which recorded development over 288 metres with an average J1 Vein thickness of 3.7 metres at 11.64 g/t AuEq, including 179 metres at 3.7m vein thickness at 15.39 g/t AuEq.
  • Importantly, the development recorded a significant frequency of high grade with 57% of faces recording J1 Vein average grades greater than 10 g/t AuEq from channel sampling.
  • See Figure 1 for Location Map of the Judd Vein System, 1235 and 1265 Level, Surrounding Veins and Infrastructure.
  • See Figure 3 for a Plan View of the 1265 Level Judd Vein #1 Underground Channel Sampling.

K92 Mining Releases Strong Q2 Financial Results and Record Mill Throughput

Retrieved on: 
Monday, August 16, 2021
Tax, Silver, Quarantine, Local government in Australia, SEDAR, TSX, COVID-19, Mission statement, GLOBE, Local-level governments of Papua New Guinea, KNT, Copper, Travel, Kora, Government, Mining, Optimism, Gold, Safety, Depreciation, PNG, Industry, Workforce, Animal, Printed circuit board, Road

Strong focus on safety with one of the best safety records in the Australasia region since start of operations.

Key Points: 
  • Strong focus on safety with one of the best safety records in the Australasia region since start of operations.
  • K92 continues to operate and has strong preventative and response plans, with pandemic resiliency rapidly increasing through ongoing vaccination programs.
  • Record quarterly tonnage of 75,667 tonnes treated, a 53% increase from Q2 2020.
  • K92 fully repaid its debt during the first quarter and maintains a strong cash balance, ending the quarter with US$56 million as at June 30, 2021.