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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora | |
| Location: | Papua New Guinea | |
| Commodities: | Copper-Silver-Gold | |
| Date: | 5/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-5-2020: K92 Mining Inc. announces a Resource Estimation report for its Kora deposit at the Kainantu project. Updated Mineral Resource Estimate for Kora Deposit. Vancouver, British Columbia, May 19, 2020 - K92 Mining Inc. (“K92” or the “Company”) (TSXV: | |
| Resources: | (Resources, M+I): 3.13Mt @ 9.47g/t Au, 15.3g/t Ag, 0.61% Cu | |
| CP/QP: | [Resource]: Simon Tear (H&S Consultants Pty Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia, May 19, 2020 - K92 Mining Inc. (“K92” or the “Company”) (TSXV: KNT; OTCQB: KNTNF) is pleased to announce results from the updated resource estimate that has been completed on the Kora deposit, at its producing Kainantu Gold Mine in Papua New Guinea. The resource estimate is based on surface and underground exploration diamond drilling and underground face sampling (grade control). Going forward, there remains tremendous potential to increase resources at Kainantu. At Kora, approximately 75% of the originally planned 1,000m by 1,000m target area was drilled for this resource. The remaining drill target area is highly prospective and continuing exploration drilling from underground has already shown continuity of mineralization into this area. In addition, there are also multiple high priority near-mine targets that are planned to be drilled this year. | |
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