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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 6/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 4-6-2019: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora deposit at the Kainantu project. Drilling results incl. 49.46m @ 4.58g/t Au, 33g/t Ag, 1.09% Cu from 264m. Vancouver, BC, June 4, 2019 - K92 Mining Inc. (“K92” or the “ | |
| Resources: | (Resource, M+I): 0.85Mt @ 12.9g/t Au, 13.1g/t Ag, 0.7% Cu at Kora North | |
| CP/QP: | [Overall Report]: Andrew Kohler (Internal) | |
| ABSTRACT: | Vancouver, BC, June 4, 2019 - K92 Mining Inc. (“K92” or the “Company”) (TSX-V: KNT; OTCQX: KNTNF) is pleased to announce results from the continuing diamond drilling of the Kora North Extension of the Kainantu gold mine in Papua New Guinea. The results for the latest 6 diamond drill holes completed from diamond drill cuddy 3 and cuddy 5 (DDC3 and DDC5) into the Kora North deposit are summarized in Table 1 below. John Lewins, K92 Chief Executive Officer and Director, stated, “The latest results include hole KMDD0119 which reported a K2 intersection of 3.66 metres at 43.94 g/t AuEq approximately 100 metres above the current Kora North Resource and 100 metres below the current Kora Resource. 2 This hole also reported a K1 intersection of 49.46 metres @ 6.80 g/t which appears to be analogous with the E4 lode in Kora/Eutompi. This hole is considered very significant as it provides clear evidence of the continuity between the Kora and Kora North Resource. While the above hole KMDD0119 was drilled from underground, the balance of the planned drill holes above the Kora North Resource and below the Kora/Eutompi Resource will be drilled from surface. The surface diamond drill rig which will undertake this drilling program has been mobilized and has now commenced drilling the first hole from surface. This brings to four the number of diamond drill rigs operating on the Kora/Kora North drilling program.” | |
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