For thousands of other reports visit RSC's Mineral Intellingence Map
K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 11/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 15-11-2017: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora deposit at the Kainantu project. Drilling results incl. 11.5m @ 7.11g/t Au, 12g/t Ag, 0.32% Cu from 28m. K92 Mining Inc. (“K92”) is pleased to announce results from K | |
| 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 KMDD0024 which has been drilled 50 metres to the South and 60 metres above the current development. This hole has recorded significant intersections in both the K1 and K2 lodes (see table 1 & 2). These results extend the known Kora mineralization in this Northern Extension over a strike length of approximately 150 metres and a dip extent of approximately 100 metres. In addition, the Company has continued to develop along the strike of the Kora Lode with a 3.5-4 metre x 4 metre drive in a northerly and southerly direction and has now mined over 7,000 tonnes of material at an average grade of approximately 6.5 g/t Au and 1% Cu. This material is being treated through the process plant on an ongoing basis, producing a copper-gold flotation concentrate. John Lewins, K92 Chief Executive Officer and Director, states, “The ongoing results from the development along the Kora Lode and from the diamond drilling program have continued to build our confidence in the quality and continuity of this Northern Extension of Kora. We have now mined over 7,000 tonnes mined at an average grade of approximately 6.5 g/t Au and 1% copper from this strike drive an average width of approximately 3.5 metres and height of 4 metres over a continuous length of over 120 metres. We plan not only to continue to mine along strike on the current level, but to develop drives along strike on two upper levels, which will also allow stoping to commence in early 2018”. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report