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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora North | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-4-2018: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora North deposit at the Kainantu project. Drilling results incl. 5.82m @ 486.78g/t Au, 6g/t Ag, 0.16% Cu from 48.30m. K92 Mining Inc. (TSX-V: KNT; OTCQB: KNTNF) (“K92”) i | |
| 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; OTCQB: KNTNF) (“K92”) is pleased to announce results from the continuing grade control drilling of the Kora North Extension. The results reported are from the first two holes from the new Diamond Drill Cuddy Three (DDC3), with both holes drilled recording intersections of the K1, KL and K2 Lodes. Results from Hole KMDD0084 included 5.82 m at 486.78 g/t Au, 21 g/t Ag and 0.15% Cu (487.1 g/t Au Eq) plus 4.68 m at 73.54 g/t Au, 4 g/t Ag and 0.33% Cu (74.1 g/t AuEq) plus 4.12 m at 7.59 g/t Au, 21 g/t Ag and 1.92% Cu (10.79 g/t AuEq), while Hole KMDD0082 recorded 2.75 m 21.41 g/t Au, 6 g/t Ag and 1.13% Cu (23.20 g/t AuEq) plus 3.78 m at 32.54 g/t Au, 62 g/t Ag and 2.59% Cu (37.29 g/t AuEq) plus 3.31 m at 8.37 g/t Au, 2 g/t Ag and 0.39% Cu (8.99 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 first hole drilled from the new drill cuddy DDC3, KMDD0082 was possibly our best hole to date however this has been | |
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