VANCOUVER, British Columbia, Nov. 28, 2024 (GLOBE NEWSWIRE) — K92 Mining Inc (TSX:). (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a technical report (the Technical Report) containing an Updated Integrated Development Plan (IDP) for its Kainantu Gold Mine Project (the Kainantu Project) in Papua New Guinea. The Technical Report, titled, Independent (LON:) Technical Report, Kainantu Gold Mine, Updated Integrated Development Plan, Kainantu Project, Papua New Guinea dated November 28, 2024, with an effective date of January 1, 2024, was prepared by Qualified Persons, Andrew Kohler BAppSc (Geol), PGCert (Geostatistics), MAIG; Simon Tear BSc (Hons), EurGeol, PGeo (IGI); Brendan Mulvihill MAusIMM (CP Met), RPEQ; Daniel Donald BEng (Hons) (), MBA, FAusIMM, MSME; Dr. Evan Kirby (NYSE:) BSc (Hons), FSAIMM; Isaac Ahmed P.Eng; Ralph Holding CPEng, FIEAust; and Nicholas Currey MAusIMM. Refer to the Company’s news release dated October 16, 2024, for a summary of the key results, assumptions and estimates contained in the Technical Report. The Technical Report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is available under the Company’s SEDAR+ profile (www.sedarplus.ca), and on the K92 website at www.k92mining.com.
About K92
K92 Mining Inc. is engaged in the production of gold, and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production from Kainantu in February 2018, is in a strong financial position and is working to become a Tier 1, mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper-gold porphyry project was completed in August 2022. K92 is operated by a team of mining company professionals with extensive international mine-building and operational experience.
On Behalf of the Company,
John Lewins, Chief Executive Officer and Director
For further information, please contact David Medilek, P.Eng., CFA, President and Chief Operating Officer at +1-604-416-4445
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain forward-looking statements under applicable Canadian securities legislation. Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive Feasibility Study,…
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