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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora | |
| Location: | Papua New Guinea | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 7/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-7-2020: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora deposit at the Kainantu project. Drilling results incl. 8.8m @ 34.31g/t Au, 6g/t Ag, 0.17% Cu from 99.9m. Vancouver, British Columbia, July 15, 2020 – K92 Mining Inc. | |
| Resources: | (Resources, M+I): 3.13Mt @ 9.47g/t Au, 15.3g/t Ag, 0.61% Cu | |
| CP/QP: | [Overall Report] Simon Tear (H&S Consultants Pty Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia, July 15, 2020 – K92 Mining Inc. (“K92” or the “Company”) (TSX-V: KNT; OTCQX: KNTNF) is pleased to announce results from the ongoing diamond drilling of the Kora deposit at the Kainantu gold mine in Papua New Guinea. The results for the latest 37 diamond drill holes completed from surface and underground into the Kora deposit are summarized in Table 1 below. The results continue to demonstrate the high-grade and continuity of Kora with intersections largely focused on increasing drill density towards the South in addition to extending mineralization to the South at depth. All drill holes intersected mineralization. The results include KMDD0181, which is one of the deeper holes drilled to date, intersecting multiple veins including 10.40 m at 24.81 g/t Au, 11 g/t Ag and 0.28% Cu (25.36 g/t AuEq, 4.58 m true width) at the K2 Vein and 2.84 m at 5.36 g/t Au, 628 g/t Ag and 8.39% Cu (25.10 g/t AuEq, 1.68 m true width) at the K3 Vein. K3 is a vein that is interpreted to be sub-parallel to K1 and K2, has had limited drilling and was not included in the Kora resource. | |
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