K92

Great Pacific Gold Discovery Hole Intersects 5m at 166.35 g/t Gold including 2m at 413 g/t Gold from Final Drill Hole of 2023 Campaign in Victoria, Australia

Retrieved on: 
Tuesday, December 19, 2023

VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: 4TU) is pleased to report that recent drilling has discovered a high-grade mineralized zone at the Comet Prospect within the Company’s 100% owned Lauriston Gold Project, Victoria, Australia.

Key Points: 
  • Drillhole CRC07 intersected 5m at 166.35 g/t Gold including 2m at 413 g/t Gold from 95m.
  • Reverse Circulation (RC) hole CRC07 intersected 5m at 166.35 g/t Gold from 95m including 2m at 413 g/t Gold from 96m including 1m at 468 g/t Gold and 1m at 358 g/t Gold.
  • During the 2022 program, Great Pacific Gold successfully intersected gold mineralization in a significant number of drill holes (see news release August 5, 2022).
  • Nearby CRC07 an earlier reverse circulation drill hole CRC014 ended in gold mineralization at 90m due to drill rig depth limitations.

Great Pacific Gold Discovery Hole Intersects 5m at 166.35 g/t Gold including 2m at 413 g/t Gold from Final Drill Hole of 2023 Campaign in Victoria, Australia

Retrieved on: 
Tuesday, December 19, 2023

VANCOUVER, British Columbia, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: 4TU) is pleased to report that recent drilling has discovered a high-grade mineralized zone at the Comet Prospect within the Company’s 100% owned Lauriston Gold Project, Victoria, Australia.

Key Points: 
  • Drillhole CRC07 intersected 5m at 166.35 g/t Gold including 2m at 413 g/t Gold from 95m.
  • Reverse Circulation (RC) hole CRC07 intersected 5m at 166.35 g/t Gold from 95m including 2m at 413 g/t Gold from 96m including 1m at 468 g/t Gold and 1m at 358 g/t Gold.
  • During the 2022 program, Great Pacific Gold successfully intersected gold mineralization in a significant number of drill holes (see news release August 5, 2022).
  • Nearby CRC07 an earlier reverse circulation drill hole CRC014 ended in gold mineralization at 90m due to drill rig depth limitations.

K92 Mining Announces US$100 Million Senior Secured Loan and Amended Offtake Agreement With Trafigura, Bolstering Balance Sheet and Future Metals Payabilities

Retrieved on: 
Tuesday, September 26, 2023

The Loan is at the corporate-level and may be used for general corporate purposes, working capital purposes, and capital expenditures.

Key Points: 
  • The Loan is at the corporate-level and may be used for general corporate purposes, working capital purposes, and capital expenditures.
  • John Lewins, K92 Chief Executive Officer and Director, stated, “We are extremely pleased to be expanding our partnership with Trafigura, with a US$100 million Loan and amended off-take agreement.
  • Importantly, the Loan enables K92 to more confidently invest and potentially increase exploration activities while completing the major production expansions.
  • The offtake agreement also secures long-term competitive terms and provides security and confidence in our income from the sale of our concentrate product.”

K92 Mining Publishes Fourth Annual Sustainability Report Outlining Significant Achievements in ESG

Retrieved on: 
Monday, July 31, 2023

VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce that it has published its 2022 Sustainability Report.

Key Points: 
  • VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce that it has published its 2022 Sustainability Report.
  • This is K92’s fourth annual sustainability report, outlining the environmental, social and governance (“ESG”) practices and performance of the Company.
  • The 2022 Sustainability Report is available on the K92 website at the following link: https://k92mining.com/responsible-mining/
    ~94% of total workforce (employees plus contractors) are PNG Nationals with priority hiring from local communities.
  • $17.3 million in corporate taxes paid in PNG, with K92 remaining the second-largest taxpayer in PNG’s mining industry.

K92 Mining Resumes Mining Operations at Kainantu Gold Mine

Retrieved on: 
Thursday, July 6, 2023

VANCOUVER, British Columbia, July 06, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that underground mining operations resumed on July 6, 2023, pursuant to a safety-focused restart plan, at the Kainantu Gold Mine in Papua New Guinea following a tragic underground vehicular incident (previously reported – see June 28, 2023 press release).

Key Points: 
  • VANCOUVER, British Columbia, July 06, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that underground mining operations resumed on July 6, 2023, pursuant to a safety-focused restart plan, at the Kainantu Gold Mine in Papua New Guinea following a tragic underground vehicular incident (previously reported – see June 28, 2023 press release).
  • During this time there has only been limited impact on surface activities and surface stockpiles have been treated through the process plant.
  • K92 Mining’s CEO and Director, John Lewins stated, “I would like to thank our employees and contractors for their extraordinary efforts during this challenging and difficult time.
  • Safety and the well-being of everyone at K92 is and always will be our highest priority.

K92 Mining Announces Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend K92 Shareholders Vote FOR All Proposed Items at the Upcoming AGM

Retrieved on: 
Friday, June 16, 2023

VANCOUVER, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT, OTCQX: KNTNF) is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended K92 shareholders (“K92 Shareholders”) vote “FOR” all the proposed resolutions at the upcoming Annual General and Special Meeting of Shareholders (the “Meeting”).

Key Points: 
  • VANCOUVER, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT, OTCQX: KNTNF) is pleased to announce that leading independent proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have each recommended K92 shareholders (“K92 Shareholders”) vote “FOR” all the proposed resolutions at the upcoming Annual General and Special Meeting of Shareholders (the “Meeting”).
  • ISS and Glass Lewis are two leading independent, third-party proxy advisory firms who, among other services, provide proxy-voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.
  • The Board of Directors of K92 recommends that shareholders vote FOR ALL the proposed items.
  • Shareholders will be able to participate by voting or asking questions at the meeting.

FSX to Acquire Significant Papua New Guinea Mineral Exploration Land Package

Retrieved on: 
Wednesday, April 19, 2023

km mineral exploration land package in Papua New Guinea ("PNG") including multiple Exploration Licenses ("EL") and Exploration License Applications ("ELA").

Key Points: 
  • km mineral exploration land package in Papua New Guinea ("PNG") including multiple Exploration Licenses ("EL") and Exploration License Applications ("ELA").
  • FSX team members have significant experience operating within Southeast Asian island arc epithermal and porphyry mineralization environments, and specifically in PNG.
  • FSX CEO Bryan Slusarchuk states, "Papua New Guinea is home to multiple world class mining, development and exploration projects and the country hosts some of the most incredible geology on earth.
  • The Kainantu Gold Mine, in Eastern Highlands province, Papua New Guinea, is a newly discovered and significant example of diverse Cu-Au mineralisation styles in a porphyry mineral system.

K92 Mining Appoints Anne Giardini as Chair of the Board

Retrieved on: 
Tuesday, April 18, 2023

VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Anne E. Giardini as the Company’s Chair of the Board of Directors.

Key Points: 
  • VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Anne E. Giardini as the Company’s Chair of the Board of Directors.
  • Ms. Giardini, KC, who has served as an independent director of K92 since 2020, brings 35 years of experience as a director, senior executive, lawyer, journalist and author.
  • John Lewins, K92 Chief Executive Officer and Director, stated, “We are very pleased to appoint Anne Giardini as Chair of the Board of Directors of K92.
  • We look forward to working with Anne in her expanded role.”
    “I am honoured to succeed Tookie Angus as Chair of the Board,” said Ms. Giardini.

K92 Mining Announces Promotion of Chris Muller to Executive Vice President Exploration

Retrieved on: 
Monday, February 6, 2023

VANCOUVER, British Columbia, Feb. 06, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the promotion of Chris Muller to the position Executive Vice President Exploration.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 06, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the promotion of Chris Muller to the position Executive Vice President Exploration.
  • Chris Muller is a geologist with over 20 years of experience in open pit and underground mine, near mine, brownfields and greenfields exploration, in Papua New Guinea, Mongolia, China, Ghana, Indonesia and Thailand.
  • He served as the Company’s Vice President Exploration for over 5 years and has been with K92 since 2016.
  • Congratulations Chris – we look forward to your continued contributions, in an increased capacity, as K92 continues to create significant value for all stakeholders through exploration.”

K92 Mining Announces Executive Promotions of David Medilek to President and Warren Uyen to Chief Operating Officer

Retrieved on: 
Monday, January 9, 2023

VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the promotions of David Medilek to the position of President and Warren Uyen to the position of Chief Operating Officer.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 09, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the promotions of David Medilek to the position of President and Warren Uyen to the position of Chief Operating Officer.
  • Mr. Medilek is a mining professional with over 15 years of mining capital markets, corporate strategy and technical operating experience.
  • Mr. Uyen joined K92 from the Australian mining contractor, MacMahon Holdings Limited, where he was Executive General Manager of Underground Operations.
  • John Lewins, K92 Chief Executive Officer and Director, stated, “Over the last few years, David and Warren have made significant contributions to the success of the Company.