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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora North | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 5/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 18-5-2018: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora North deposit at the Kainantu project. Drilling results incl. 4.20m @ 116.43g/t Au, 6g/t Ag, 0.36% Cu from 47.35m. K92 Mining Inc. – TSX-V: KNT (“K92”) is pleased to a | |
| 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 (“K92”) is pleased to announce results from the continuing grade control drilling of the Kora North Extension. Results from Hole KMDD0086 included 4.20 m at 116.43 g/t Au, 6 g/t Ag and 0.36% Cu (117.06 g/t Au Eq) plus 2.40 m at 22.41 g/t Au, 5 g/t Ag and 0.88% Cu (23.82 g/t AuEq) plus 2.15 m at 11.49 g/t Au, 2 g/t Ag and 0..60% Cu (12.44 g/t Au Eq) plus 5.90 m at 9.81 g/t Au, 22 g/t Ag and 3.00% Cu (14.68 g/t AuEq), while Hole KMDD0088 recorded 3.46 m at 5.35 g/t Au, 2 g/t Ag and 0.34% Cu (5.90 g/t AuEq) plus 12.64 m at 8.34 g/t Au, 33 g/t Ag and 2.10% Cu (11.97 g/t AuEq) plus 2.15 m at 12.50 g/t Au, 17 g/t Ag and 2.85% Cu (17.06 g/t AuEq). The results from DDC3 are now the furthest drilled to the south and continue to confirm the consistency of both the K1 and K2 lodes within this area while also further delineating the KL structure and confirming its continuity. A plan showing the Kora North development, location of the three diamond drill cuddies and of the latest grade control drill holes is provided below. John Lewins, K92 Chief Executive Officer and Director, states, “The K1 intersection in hole KMDD0086 is the highest yet recorded at 117 g/t AuEq over 4.2 metres, while the K2 intersection reported in hole KMDD0088 at 12.64 or 8.3 metres true thickness and assaying at 11.97 g/t AuEq, is the widest yet recorded. These holes are now the furthest drilled to the south, being less than 200 metres along strike from the know Kora resource and have again increased our confidence in the continuity of these Kora veins”. | |
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