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K92 Mining Inc.
Summary
| Project: | Kainantu | |
|---|---|---|
| Deposit: | Kora North Extension | |
| Location: | Papua New Guinea | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 2/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 25-2-2019: K92 Mining Inc. announces an Exploration/Drilling Update report for its Kora North Extension deposit at the Kainantu project. Drilling results incl. 7.45m @ 116.49g/t Au, 17g/t Ag, 0.96% Cu from 63.55m. K92 Mining Inc. (TSX-V: KNT; OTCQX: KNTNF | |
| 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: | K92 Mining Inc. (TSX-V: KNT; OTCQX: KNTNF) (“K92” or the “Company”) 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 7 diamond drill holes completed from diamond drill cuddies 3 and 4 (DDC3 and DDC4) into the Kora North deposit are summarized in Table 1 below. These results continue to delineate and extend both the K1, K2 lodes as well as the KL structure between the lodes. Long sections showing all holes drilled to date in both K1 and K2 are provided below. Table 2 provides details of collar location and hole orientation. John Lewins, K92 Chief Executive Officer and Director, stated, “These latest results have once again confirmed the remarkable continuity of the high-grade K1 and K2 vein systems within the Kora deposit. The holes are primarily intended to upgrade the known resource and provide grade control information for mine planning. The results include two exceptional holes: KMDD0126 with a K1 intersection of 7.45 metres at over 118 g/t AuEq (one of the highest grades recorded), and KMDD0122 with a K1 intersection of 18.6 metres at 11.56 g/t AuEq (one of the widest intersections recorded to date). | |
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