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Project: | Kainantu | |
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Deposit: | Kora | |
Location: | Papua New Guinea | |
Commodities: | Gold-Silver-Copper | |
Date: | 11/1/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Active Mining & Production | |
Report details: | 1-11-2017: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora deposit at the Kainantu project. Drilling results incl. 2.5m @ 68.78g/t Au, 86g/t Ag, 0.37% Cu from 63.3m. K92 Mining Inc. (“K92”) is pleased to announce results from | |
Resources: | (Resource): 0.56Mt @ 12.8g/t Au, 9g/t Ag (Ind.) and 4.89Mt @ 7.7g/t Au, 32g/t Ag (Ind.) at project | |
CP/QP: | [Overall Report]: Chris Muller (Internal) | |
ABSTRACT: | K92 Mining Inc. (“K92”) is pleased to announce results from the next five exploration holes drilled from an underground cuddy following on from the first four holes previously reported on October 17, 2017 (see Table 1.0). The drill results from these first 9 holes drilled to follow up on the initial discovery of the northern extension of the Kora Vein in hole KMDD0009, which recorded an intersection of 5.4 metres at 11.68 g/t gold, 25.5 g/t silver and 1.33 per cent copper, have further confirmed K92’s initial interpretation that the Kora Vein extends some 500 metres to the north from the closest point of the currently defined Kora Deposit Inferred Resource (see Table 3.0). K92 is currently undertaking a program of 24 drill holes from underground drill cuddy DDC1 located approximately 50 metres from the Kora Vein at 59125 North, 29876 East and 1188 mRL (see Figure 1). This program which will be completed in December, is designed to drill out an area of approximately 150 metres by 150 metres on a 25m x 25m “grade control” grid pattern. | |
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