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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 6/4/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 4-6-2018: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora deposit at the Kainantu project. Drilling results incl. 7.72m @ 25.60g/t Au, 3g/t Ag, 0.45% Cu from 74.0m . K92 Mining Inc. (TSX-V: KNT; OTCQX: KNTNF) (“K92” or the “Co | |
| Resources: | (Resource, Inf.) 4.36Mt @ 7.3g/t Au, 35g/t Ag, 2.23% Cu at Kora | |
| CP/QP: | [Overall Report]: Andrew Kohler (Internal) | |
| ABSTRACT: | K92 Mining Inc. (TSX-V: KNT; OTCQX: KNTNF) (“K92” or the “Company”) is pleased to announce results from the continuing grade control drilling of the Kora North Extension. Results from Hole KMDD0090 included 7.72 m at 25.60 g/t Au, 3 g/t Ag and 0.45% Cu (26.33 g/t AuEq), 11.00 m at 10.46 g/t Au, 20 g/t Ag and 0.43% Cu (11.36 g/t AuEq) and 9.35 m at 11.70 g/t Au, 24 g/t Ag and 3.59% Cu (17.50 g/t AuEq). See Table 1 below for a summary of drill results including true widths. The results from DDC3 continue to extend both the K1 and K2 lodes to the south while also further delineating the KL structure and confirming its continuity. A plan showing the location of KMDD0090 relative to the Kora North development and diamond drill cuddy three (“DDC3”) is provided below. John Lewins, K92 Chief Executive Officer and Director, states, “The K1 intersection in hole KMDD0090 provides further confirmation of the continuity of the very high grades which we are currently mining from the K1 lode to the south and up dip. The K2 intersection likewise shows the continuity of the K2 lode and a general trend of increasing copper grades to the south. The K2 intersection recorded in this hole is now under 150 metres along strike from the deepest hole drilled from surface by Barrick”. | |
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