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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora North | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 3/6/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 6-3-2018: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora North deposit at the Kainantu project. Drilling results incl. 6.95m @ 13.78g/t Au, 3g/t Ag, 0.03% Cu from 20.75m. K92 Mining Inc. (“K92”) is pleased to announce results | |
| Resources: | (Resource, Inf.) 4.36Mt @ 7.3g/t Au, 35g/t Ag, 2.23% Cu at deposit | |
| CP/QP: | [Overall Report]: Andrew Kohler (Internal) | |
| ABSTRACT: | K92 Mining Inc. (“K92”) is pleased to announce results from the continuing grade control and exploration drilling of the Kora North Extension. The results reported include four holes from Diamond Drill Cuddy Two (DDC2), and five holes from Diamond Drill Cuddy 1210 located in Irumafimpa and evaluating further northern extensions of the Kora system parallel to the Irumafimpa orebody. All holes drilled from DDC2 have recorded intersections of the K1 and K2 Lodes, while three also intersected the KL1 lode. Drilling from the 1210 Drill Cuddy located in the Irumafimpa Mine have confirmed that both the K1 and K2 lodes extend up to 200 metres to the north of the recently announced Kora North resource vein in addition to the main Kora North vein (K2), except KMDD0041 which was stopped short of the K2 vein. Results have included Hole KMDD0051 which recorded 3.4 m at 16.84 g/t Au, 23 g/t Ag and 1.35% Cu (19.19 g/t AuEq) plus 1.4 m at 6.23 g/t Au, 19 g/t Ag and 1.02% Cu (8.03 g/t AuEq), Hole KMDD0055 with 3.2 m at 9.83 g/t Au, 52 g/t Ag and 0.33% Cu (10.99 g/t AuEq) plus 4.50 m at 4.68 g/t Au, 14 g/t Ag and 2.33% Cu (5.69 g/t AuEq) plus 4.05 m at 4.28 g/t Au, 5 g/t Ag and 0.89% Cu (5.69 g/t AuEq) and Hole KMDD0057 records 6.95 m at 13.78 g/t Au, 3 g/t Ag and 0.03% Cu (13.86 g/t AuEq) plus 2.65 m @ 14,51 g/t Au, 63 g/t Ag and 2.58% Cu (19.27 g/t AuEq). | |
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