K92 Operations Update and Latest Drill Results

Feb. 02, 2018 09:10AM PST

K92 (TSX-V:KNT) is pleased to provide an update on operations at its Kainantu Gold Mine in Papua New Guinea. Mining operations are currently focused on mining from stopes 1185 K2 0N and 1185 K2 0S as well as from the development on 1185 K1 North and South from the second cross cut. All material from …

K92 (TSX-V:KNT) is pleased to provide an update on operations at its Kainantu Gold Mine in Papua New Guinea.

Mining operations are currently focused on mining from stopes 1185 K2 0N and 1185 K2 0S as well as from the development on 1185 K1 North and South from the second cross cut. All material from the first cut on the stopes was extracted during the month, filling of 1185 K2 0N was completed and drilling and blasting of the second cut commenced.

John Lewins, K92 Chief Executive Officer and Director, states:

“The results from our mining, development and grade control drilling at Kora North over the last month have been outstanding and continue to build our knowledge of the deposit and it’s potential.
The grades currently being mined from the 1185 K1 South vein are the highest that have ever been achieved from the Kainantu Mine and further reinforces the confidence in our strategy of focusing on the development of the Kora deposit.”

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