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K92 Mining公布Kainantu金矿Kora与Judd深部首批钻探结果及多处高品位见矿

K92 Mining Announces Expansion of Near-Mine Infrastructure Dilatant Zone, Significant Depth Extension From First Set of Deeps Drill Program Results and Multiple High-Grade Intersections at Kora and Judd

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K92 Mining公布巴布亚新几内亚Kainantu金矿Kora、Kora South、Judd、Judd South矿床及Kora Deeps、Judd Deeps靶区的最新地下金刚石钻探结果。

Why it matters

原文披露了Kora与Judd矿脉深部延伸的首批钻探结果及多处高品位见矿,可据此了解该矿区资源扩展方向。

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不列颠哥伦比亚省温哥华,2026年2月18日(GLOBE NEWSWIRE)——K92 Mining Inc.(“K92”或“公司”)(TSX: KNT;OTCQX: KNTNF)欣然宣布,其在巴布亚新几内亚Kainantu金矿对Kora、Kora South、Judd和Judd South矿床以及Kora和Judd Deeps目标持续开展的地下金刚石钻探取得最新高品位成果。

双斜井采场近矿基础设施膨胀带扩展

  • Multiple high-grade dilatant zone intercepts recorded at Kora’s K2 vein, located near-mine infrastructure in the Twin Incline Mining Front, approximately 50 m from underground development. The intersections are associated with a previously interpreted dilatant zone (see June 5, 2025 press release) that is now defined to approximately 100 m along strike by 200 m vertical extent. This dilatant zone is expected to provide a near-term boost to mining productivity upon the introduction of pastefill, enabling bulk transverse long-hole open stoping.
    • K2 vein dilatant zone intersection highlights include:
      • KMDD0915: 20.50 m at 14.04 g/t gold equivalent (“AuEq”) (13.00 g/t Au, 16 g/t Ag, 0.84% Cu) (1,2)
      • KMDD0914: 10.70 m at 10.83 g/t AuEq (9.97 g/t Au, 41 g/t Ag, 0.36% Cu)
    • Previously reported K2 vein dilatant zone intersection highlights include (3):
      • KMDD0844: 12.80 m at 31.89 g/t AuEq (25.97 g/t Au, 58 g/t Ag, 3.35% Cu)
      • KMDD0752: 13.50 m at 19.02 g/t AuEq (14.93 g/t Au, 199 g/t Ag, 1.00% Cu)
      • KMDD0746: 14.40 m at 12.09 g/t AuEq (9.58 g/t Au, 54 g/t Ag, 1.15% Cu)
      • KMDD0843: 10.10 m at 16.29 g/t AuEq (14.01 g/t Au, 82 g/t Ag, 0.84% Cu)
      • KMDD0709: 12.14 m at 5.97 g/t AuEq (4.73 g/t Au, 7 g/t Ag, 0.72% Cu)
      • KMDD0751: 9.50 m at 7.00 g/t AuEq (2.26 g/t Au, 42 g/t Ag, 2.63% Cu)

Kora Deeps与Judd Deeps首批结果实现显著深度延伸,并具有可观的走向延伸、厚度和高品位

  • Multiple thick, high-grade interceptions recorded at Kora Deeps along the K1 Vein, up to 350 m below the Twin Incline and 250 m below the 2023 mineral resource estimate (“MRE”) (effective September 12, 2023). Thick, high-grade mineralization is defined over a strike length of approximately 400 m to date, and remains open at depth and along strike to both the north and south. Additionally, multiple intersections recorded elevated copper grades. Highlights include:
    • KMDD0909:8.00 米,金当量品位 10.16 克/吨(金 5.43 克/吨,银 80 克/吨,铜 3.79%)
    • KMDD0880A:17.20 米,金当量品位 5.04 克/吨(金 4.41 克/吨,银 18 克/吨,铜 0.41%)
    • KMDD0913:13.75 米,金当量品位 5.41 克/吨(金 2.76 克/吨,银 17 克/吨,铜 2.45%)
    • KMDD0896:9.10 米,金当量品位 6.03 克/吨(金 2.90 克/吨,银 24 克/吨,铜 2.85%)
    • KMDD0944:12.40 米,金当量品位 4.11 克/吨(金 2.32 克/吨,银 18 克/吨,铜 1.58%)
  • 在 Judd Deeps 沿 J1 矿脉记录到多个厚层高品位见矿段,最深位于 Twin Incline 以下 300 米、MRE 以下 350 米。迄今为止,已在 450 米走向范围内圈定高品位厚层矿化,且矿化在深部以及向北、向南沿走向均保持开放。亮点包括:
    • KMDD0896:8.50 米,品位 8.64 克/吨 AuEq(8.02 克/吨 Au、11 克/吨 Ag、0.49% Cu)
    • KMDD0944:6.80 米,品位 6.21 克/吨 AuEq(5.28 克/吨 Au、42 克/吨 Ag、0.43% Cu)
    • KMDD0895:5.05 米,品位 5.35 克/吨 AuEq(3.10 克/吨 Au、35 克/吨 Ag、1.85% Cu)

高品位矿带持续延伸,且在 Kora 和 Judd 主矿区上倾方向的表现优于 MRE

  • Kora 的 K1 和 K2 矿脉内的高品位带继续从主矿山上倾方向延伸,记录到多个超过 MRE 品位的见矿段。
    • K1 矿脉主矿山上倾方向高品位延伸结果包括:
      • KMDD0893:4.95 米,金当量品位 38.46 克/吨(金 37.99 克/吨,银 6 克/吨,铜 0.40%)
      • KMDD0904:7.40 米,金当量品位 14.04 克/吨(金 13.56 克/吨,银 6 克/吨,铜 0.41%)
      • KMDD0894:4.16 米,金当量品位 24.24 克/吨(金 23.04 克/吨,银 14 克/吨,铜 1.03%)
      • KMDD0883:4.00 米,金当量品位 16.80 克/吨(金 14.79 克/吨,银 16 克/吨,铜 1.82%)
      • KMDD0892:6.10 米,金当量品位 7.40 克/吨(金 5.09 克/吨,银 29 克/吨,铜 1.97%)
      • KMDD0891:3.35 米,金当量品位 8.01 克/吨(金 6.19 克/吨,银 14 克/吨,铜 1.66%)
    • K2 矿脉主矿山上倾方向高品位延伸结果包括:
      • KMDD0977:18.19 米,金当量品位 11.70 克/吨(金 10.40 克/吨,银 8 克/吨,铜 1.21%)
      • KMDD0882:29.30 米,金当量品位 7.90 克/吨(金 5.84 克/吨,银 22 克/吨,铜 1.81%)
      • KMDD0904:4.35 米,金当量品位 29.62 克/吨(金 26.34 克/吨,银 23 克/吨,铜 3.01%)
      • KMDD0906:16.90 米,金当量品位 8.29 克/吨(金 7.20 克/吨,银 5 克/吨,铜 1.03%)
      • KMDD0910:8.00 米,金当量品位 13.20 克/吨(金 11.47 克/吨,银 13 克/吨,铜 1.58%)
      • KMDD0907:11.92 米,金当量品位 5.74 克/吨(金 4.47 克/吨,银 6 克/吨,铜 1.20%)
      • KMDD0905:3.90 米,金当量品位 13.77 克/吨(金 8.58 克/吨,银 52 克/吨,铜 4.59%)
      • KMDD0908:6.85 米,金当量品位 8.83 克/吨(金 7.95 克/吨,银 12 克/吨,铜 0.75%)
      • KMDD0893:2.85 米,金当量品位 16.81 克/吨(金 11.77 克/吨,银 38 克/吨,铜 4.61%)
      • KMDD0911:7.02 米,金当量品位 6.54 克/吨(金 4.79 克/吨,银 11 克/吨,铜 1.62%)
      • KMDD0894:3.70 米,金当量品位 10.44 克/吨(金 7.95 克/吨,银 28 克/吨,铜 2.17%)
      • KMDD0976:5.40 米,金当量品位 9.55 克/吨(金 8.17 克/吨,银 11 克/吨,铜 1.25%)
  • Judd 的 J1 矿脉录得多段高品位见矿,继续从主矿山上倾方向延伸高品位矿化,多段见矿超过 MRE 品位。亮点包括:
    • JDD0306:5.45 米,66.99 克/吨 AuEq(66.08 克/吨 Au,16 克/吨 Ag,0.73% Cu)
    • JDD0323:16.12 米,14.38 克/吨 AuEq(14.22 克/吨 Au,1 克/吨 Ag,0.15% Cu)
    • JDD0307:1.65 米,185.79 克/吨 AuEq(183.17 克/吨 Au,79 克/吨 Ag,1.68% Cu)
    • JDD0320:3.90 米,56.75 克/吨 AuEq(55.74 克/吨 Au,7 克/吨 Ag,0.93% Cu)
    • JDD0303:9.00 米,12.82 克/吨 AuEq(12.43 克/吨 Au,14 克/吨 Ag,0.23% Cu)
    • JDD0304:17.62 米,5.13 克/吨 AuEq(4.94 克/吨 Au,4 克/吨 Ag,0.14% Cu)
    • JDD0322:4.33 米,15.03 克/吨 AuEq(14.11 克/吨 Au,20 克/吨 Ag,0.69% Cu)
    • JDD0305:1.60 米,27.11 克/吨 AuEq(26.98 克/吨 Au,1 克/吨 Ag,0.12% Cu)
    • JDD0302:4.82 米,6.74 克/吨 AuEq(6.34 克/吨 Au,3 克/吨 Ag,0.36% Cu)
    • JDD0308:3.37 米,6.09 克/吨 AuEq(5.78 克/吨 Au,2 克/吨 Ag,0.29% Cu)

沿走向向北和向南的外延钻探在Kora和Judd记录到高品位矿化,包括多个+20克/吨金当量交点

  • 在K1和K2矿脉记录到多个高品位见矿段,使矿化沿走向向MRE(矿产资源估算)以北和以南延伸,多个见矿段超过资源模型品位,包括Kora South的KMDD0888、KMDD0873和KMDD0869孔中的高品位铜矿化。
    • Kora South的K1矿脉高品位见矿段:
      • KMDD0873:7.90米,品位11.26克/吨金当量(2.57克/吨金、155克/吨银、6.87%铜)
      • KMDD0888:8.15米,品位28.99克/吨金当量(26.16克/吨金、22克/吨银、2.59%铜)
    • 沿走向向北的K1矿脉高品位见矿段:
      • KMDD0936:19.50米,品位34.04克/吨金当量(33.46克/吨金、26克/吨银、0.27%铜)
      • KMDD0867A:15.33米,品位9.86克/吨金当量(8.96克/吨金、19克/吨银、0.69%铜)
    • Kora South的K2矿脉高品位见矿段:
      • KMDD0869:6.00米,品位5.86克/吨金当量(1.62克/吨金、79克/吨银、3.31%铜)
      • KMDD0876:3.70米,品位14.13克/吨金当量(13.28克/吨金、13克/吨银、0.70%铜)
    • 沿走向向北的K2矿脉高品位见矿段:
      • KMDD0932:3.35米,品位37.07克/吨金当量(36.00克/吨金、21克/吨银、0.83%铜)
    • J1 矿脉沿走向向北深部的高品位见矿段:
      • JDD0313:2.72 米,金当量品位 24.55 克/吨(金 24.34 克/吨,银 7 克/吨,铜 0.13%)
      • JDD0314:3.66 米,金当量品位 13.52 克/吨(金 10.49 克/吨,银 37 克/吨,铜 2.61%)
    • 下科拉采矿前缘(Lower Kora Mining Front)矿山基础设施附近的其它高品位见矿包括:
      • KMDD0903:在 K1 矿脉见 1.86 米、13.75 克/吨 AuEq(12.58 克/吨 Au、5 克/吨 Ag、1.11% Cu),在 K2 矿脉见 2.60 米、22.44 克/吨 AuEq(21.64 克/吨 Au、12 克/吨 Ag、0.67% Cu)

Judd North 向地表方向录得强劲高品位结果

  • 在Judd North目标区内向地表方向记录到多个高品位见矿段。Judd North被定义为Judd矿床北部高潜力的上倾延伸区,目标范围沿走向长800米、向地表方向垂直延伸250至500米(见图3)。除正在进行的井下钻探外,K92计划于2026年下半年启动该目标区的地表钻探。
    • Judd North的J1矿脉亮点包括:
      • JDD0355:20.29米,品位14.06克/吨金当量(12.68克/吨金、32克/吨银、1.00%铜)
      • JDD0360:3.05米,品位15.48克/吨金当量(12.77克/吨金、120克/吨银、1.28%铜)
    • 此前报道的 Judd North 的 J1 矿脉见矿亮点包括:
      • KODD0055(4):9.85 米,品位 7.58 克/吨 AuEq(7.37 克/吨 Au、2 克/吨 Ag、0.13% Cu)
      • JDD0178(5):6.36 米,品位 23.07 克/吨 AuEq(22.43 克/吨 Au、19 克/吨 Ag、0.25% Cu)
      • EKDD0002(6):4.70 米,品位 5.22 克/吨 AuEq(4.98 克/吨 Au、17 克/吨 Ag、0.02% Cu)

注释

(1)   上文所列钻探亮点为核心长度(非真厚度)。
(2)   金当量勘探结果采用长期大宗商品价格计算,其中铜价为5.00美元/磅、银价为50.00美元/盎司、金价为3,500美元/盎司。以下回收率依据更新后的最终可行性研究采用:Au – 92.6%,Cu – 94.0%,以及 Ag – 78.0%。
(3)   参见2025年6月5日新闻稿;K92 Mining宣布近矿基础设施膨胀区扩展、高品位区延伸以及沿走向潜在的新高品位区。
(4)   参见2024年5月6日新闻稿;K92 Mining宣布最新钻探结果,延伸多个高品位区并发现新的膨胀区
(5)   参见2023年5月24日新闻稿;K92 Mining宣布在南部J2矿脉发现高品位区,并在Kora-Kora South和Judd-Judd South矿脉系统发现高品位交汇段。
(6)   参见2019年9月9日新闻稿;K92 Mining宣布来自Kora的最新高品位钻探结果。

K92首席执行官兼董事John Lewins表示,“我们对最新钻探结果非常满意,这些结果持续带来强劲的矿山周边增长,并彰显了Kora-Judd系统的非凡连续性和规模。主要亮点包括:Twin Incline采矿前沿矿山周边基础设施附近一处膨胀带的扩展、主矿山之上高品位矿带的延伸(其品位超出矿产资源估算)、以及我们首批深部钻探计划结果在Kora和Judd两处显示的显著深度延伸。沿走向向北和向南还记录到众多高品位见矿段,进一步印证了矿脉系统的强度和我们的有机资源增长管线。

随着我们2026年勘探预算增加超过50%至3100万至3500万美元,我们看到了在短期内继续扩大资源的重大机遇。我们目前在Kora和Judd有七台地下钻机作业,在Arakompa和Maniape有五台地表钻机,在Wera有一台,另有计划于第二季度抵达的两台钻机。今年晚些时候,我们计划扩大钻探范围,以瞄准若干极具前景的区域目标,包括Mati、Mesoan、Bona-Creek以及从地表开始的Judd North。我们期待在适当时候提供进一步的勘探进展。”

最新完成的101个地下金刚石钻孔结果汇总于下表。结果继续显示Kora-Kora South和Judd-Judd South矿脉系统的高品位、连续性和扩展潜力。交切段主要集中在垂直方向上增加钻探密度,同时也针对沿走向向南和向北以及深部的资源扩展。

Kora-Kora South(包括 Kora Deeps)的所有钻孔均见矿化,其中 31 个见矿段超过 10 g/t AuEq,61 个见矿段超过 5 g/t AuEq。

在Judd-Judd South(包括Judd Deeps),所有钻孔均见矿化,其中16个见矿段超过10克/吨金当量,36个见矿段超过5克/吨金当量。

数据

K1、K2 和 J1 的长剖面分别见图 1、图 2 和图 3,其中显示了最新钻孔的位置。

图4提供了迄今为止Kora钻探的长剖面图。

图5提供了迄今为止显示Judd钻探情况的长剖面图。

钻孔 JDD0306 和 KMDD0893 的岩心照片分别见图 6和图 7。

表1
Kainantu金矿——Kora地下金刚石钻探重要见矿段
 
钻孔编号自(米)至(米)区间(米)真厚度(米)金 克/吨银 克/吨铜 %金当量矿脉
KMDD0856190.30192.001.701.281.04240.501.82J1
KMDD0856240.60242.902.301.882.02181.423.65K1
KMDD0856288.90294.405.504.601.88101.553.55K2
KMDD0856307.00309.752.752.310.76170.351.31K3
KMDD0857224.40226.702.301.350.1210.150.28J1
KMDD0857256.57259.102.531.691.16201.943.33K1
KMDD0857323.80326.002.201.450.24193.163.61KL
KMDD0857369.30370.100.800.570.47461.242.26K2
KMDD0858297.97301.603.631.810.69201.332.24J1
KMDD0858372.00373.001.000.572.0510.012.07K1
KMDD0858407.90416.008.104.642.6430.593.27K2
KMDD0867A68.5070.001.501.341.5330.301.87K1FW
KMDD0867A89.70105.0315.3313.728.96190.699.86K1
KMDD0867A132.60133.601.000.904.7080.104.90K2
KMDD0867A140.80141.600.800.722.4530.332.81K2HW
KMDD0868101.30107.406.104.620.6830.341.06K1
KMDD08694.105.101.000.621.4330.011.48 
KMDD086935.1551.1415.999.920.2781.451.80K1
KMDD086951.1462.5011.367.050.6050.901.55KL
KMDD086972.0078.006.003.721.62793.315.86K2
KMDD087225.0032.807.807.800.4460.501.01K1
KMDD087232.8038.355.555.550.4970.290.86KL
KMDD087238.3547.308.958.950.51292.633.47K2
KMDD087343.5051.407.905.292.571556.8711.26K1
KMDD087351.4059.007.605.100.79322.383.54K2
KMDD087436.0044.708.705.340.32121.812.26K1
KMDD087445.1552.207.054.320.56130.631.34K2
KMDD087545.9346.800.870.481.32180.732.26K1
KMDD087554.4056.622.221.241.0480.411.54K2
KMDD087578.0078.530.530.291.321732.806.19K2HW
KMDD087695.3099.003.701.9213.28130.7014.13K2
KMDD087760.4766.005.534.440.45321.712.54K1
KMDD087774.0079.005.004.011.04170.832.08K2
KMDD0878126.50127.000.500.181.5110.001.52K2
KMDD0880A199.00199.700.700.262.70300.323.38 
KMDD0880A222.75223.000.250.100.98386.157.55 
KMDD0880A226.60226.800.200.086.53363.029.97 
KMDD0880A263.80276.0012.205.021.17120.421.73J1N
KMDD0880A346.40354.007.603.363.61210.364.22J1
KMDD0880A365.10382.3017.208.864.41180.415.04K1
KMDD0880A465.90470.504.602.530.13100.550.80K2
KMDD0880A489.70490.050.350.200.2213612.2614.05K2HW
KMDD088184.5484.670.130.0613.22150.0813.48K1FW
KMDD0881129.00131.702.701.212.74233.496.49K1
KMDD0881170.60172.602.000.891.22502.604.42K2
KMDD0881186.63187.400.770.340.782085.819.06K2HW
KMDD0881195.15199.904.752.1021.67340.0822.16K3
KMDD0881203.70204.600.900.401.4110.021.44 
KMDD0882199.60228.9029.3017.665.84221.817.90K2
KMDD0883196.00200.004.002.4514.79161.8216.80K1
KMDD0883200.00219.6019.6012.000.42141.171.76KL
KMDD0883219.60225.656.053.712.27802.565.78K2
KMDD0883225.65228.903.251.990.2361.101.40K3
KMDD088753.7054.100.400.230.81172.813.81 
KMDD088765.5065.850.350.210.95204.475.64 
KMDD0887102.20102.600.400.241.32287.278.89 
KMDD0887207.75208.080.330.490.69242.473.43 
KMDD0887224.25224.680.430.281.29132.033.47J1
KMDD0887270.20275.004.803.522.16132.094.39K1
KMDD0887284.65291.256.604.864.12602.126.95KL
KMDD0887297.00298.001.000.745.5420.065.62 
KMDD0887330.25330.500.250.192.58180.933.72 
KMDD0887382.30384.502.201.670.99290.201.54K2
KMDD0887408.30409.000.700.531.8570.021.95 
KMDD0888130.00138.158.151.3126.16222.5928.99K1
KMDD0888167.00169.402.400.450.93332.323.63KL
KMDD0889134.00136.002.001.240.9330.871.83K1
KMDD0889168.20171.703.502.200.2020.160.39K2
KMDD0890241.60245.203.602.280.93140.571.66J1
KMDD0890256.30259.903.602.410.5220.090.64K1FW
KMDD0890262.70266.103.402.281.86120.442.43K1
KMDD0890369.93372.502.571.770.1890.070.36K2
KMDD0890430.30434.704.403.071.7370.272.07K3
KMDD0890441.55443.742.191.181.1930.091.32 
KMDD0891170.15173.503.352.376.19141.668.01K1
KMDD0891177.55190.5012.959.171.2550.491.79K2
KMDD0891197.60198.901.300.920.64150.831.65K3
KMDD0892120.85121.260.410.300.73317.158.21 
KMDD0892140.00141.201.200.871.4650.602.12K1FW
KMDD0892144.85145.800.950.691.06150.912.15 
KMDD0892155.95162.056.104.465.09291.977.40K1
KMDD0892176.85177.570.720.531.65321.433.45K2
KMDD0892218.55219.250.700.520.79464.015.33K2HW
KMDD0893102.85107.804.954.8537.9960.4038.46K1
KMDD0893107.80115.958.157.990.2530.741.02KL
KMDD0893115.95118.802.852.8011.77384.6116.81K2
KMDD0894108.84113.004.163.7223.04141.0324.24K1
KMDD0894113.00120.807.806.970.5660.871.51KL
KMDD0894120.80124.503.703.307.95282.1710.44K2
KMDD0894138.80144.906.105.411.89380.252.59K2HW
KMDD089559.1066.557.452.890.6430.140.83 
KMDD0895313.00318.055.052.563.10351.855.35J1
KMDD089699.70103.603.901.470.91312.844.11 
KMDD0896286.00291.605.602.210.42160.461.07 
KMDD0896294.70297.002.300.910.6620.190.88 
KMDD0896309.40312.603.201.294.37190.545.14 
KMDD0896357.10365.608.503.508.02110.498.64J1
KMDD0896369.30378.409.104.212.90242.856.03K1
KMDD0896477.00482.005.002.430.0520.060.13K2
KMDD0898106.00106.200.200.160.50181.071.79K1
KMDD0898164.00165.001.000.831.1420.111.27K2
KMDD089989.23101.3012.0710.691.8740.452.36K1
KMDD0899134.00134.200.200.181.6920.021.73K2
KMDD0899141.19147.005.815.1515.3540.0815.47K3
KMDD090062.6062.790.190.151.62170.842.66 
KMDD090081.0081.300.300.2410.32214.3614.91K1FW
KMDD090084.0086.002.001.631.86150.162.20 
KMDD090096.8697.300.440.361.65282.224.19 
KMDD0900110.84112.051.211.003.6720.293.98K1
KMDD0900121.00122.001.000.831.1720.011.20KL
KMDD0900143.53151.507.976.740.6240.160.83K2
KMDD0901129.33144.0014.6713.543.2680.193.55K1
KMDD090295.7396.100.370.378.2440.939.21K1FW
KMDD0902111.30111.480.180.181.1010.111.22 
KMDD0902112.70118.405.705.642.7810.092.87K1
KMDD0902131.48132.300.820.8116.21100.2016.53KL
KMDD0902140.80147.226.426.350.8340.331.20K2
KMDD0903147.90148.300.400.311.0170.841.93K1FW
KMDD0903183.20185.061.861.4312.5851.1113.75K1
KMDD0903197.00199.602.601.9921.64120.6722.44K2
KMDD0904102.40109.807.407.2713.5660.4114.04K1
KMDD0904114.85119.204.354.2726.34233.0129.62K2
KMDD0905102.00106.304.304.211.5020.451.97K1
KMDD0905106.30117.7011.4011.151.5920.482.09KL
KMDD0905117.70121.603.903.818.58524.5913.77K2
KMDD0906109.48110.150.670.6015.39163.7319.29K1
KMDD0906118.10135.0016.9015.017.2051.038.29K2
KMDD0906139.28140.030.750.660.22192.082.52K2HW
KMDD090795.9296.060.140.131.83183.195.22 
KMDD090798.2098.500.300.271.31347.288.96K1FW
KMDD0907106.60107.741.141.0310.57111.1511.84K1
KMDD0907118.00129.9211.9210.824.4761.205.74K2
KMDD0907150.07150.370.300.271.23527.819.62K2HW
KMDD0907156.67157.120.450.410.39103.223.71K3
KMDD0908113.00114.301.301.091.6341.282.96K1
KMDD0908127.20134.056.855.717.95120.758.83K2
KMDD0908134.05142.007.956.631.0031.072.10KL
KMDD0908168.20172.003.803.160.35120.931.43K3
KMDD0909192.00193.701.700.841.8050.081.93 
KMDD0909202.00203.001.000.490.09110.881.10 
KMDD0909217.90220.352.451.197.55492.1010.23 
KMDD0909304.00305.201.200.585.05173.128.35J1
KMDD0909331.10339.108.004.375.43803.7910.16K1
KMDD0909360.00361.001.000.540.0971.091.26 
KMDD0910117.80118.150.350.270.9584.835.85K1FW
KMDD0910129.00130.001.000.771.2910.011.31 
KMDD0910143.58144.150.570.445.1110.205.32K1
KMDD0910145.80153.808.006.1711.47131.5813.20K2
KMDD0910157.00158.001.000.770.1842.042.26 
KMDD0910170.40172.101.701.312.801123.948.07K3
KMDD0911126.66126.930.270.2338.201900.3340.81K1
KMDD0911141.43148.457.025.954.79111.626.54K2
KMDD0911163.58163.950.370.311.35514.266.20K3
KMDD0912A119.55120.400.850.660.91103.974.98 
KMDD0912A147.70148.000.300.231.18133.705.02K1
KMDD0912A156.70163.006.304.912.8861.224.16K2
KMDD0912A174.60175.751.150.900.30282.953.57K3
KMDD0912A190.00190.200.200.160.79214.745.76 
KMDD091362.6366.644.011.541.7490.772.62 
KMDD0913300.00303.003.001.350.5330.060.62 
KMDD0913310.00313.643.641.550.64203.194.05 
KMDD0913334.00344.7510.754.980.61101.632.35J1
KMDD0913351.25365.0013.757.352.76172.455.41K1
KMDD0913474.14477.002.861.350.25100.220.58K2
KMDD0914108.80112.003.203.160.2120.730.96 
KMDD0914114.10117.002.902.861.3110.131.45 
KMDD0914122.50126.003.503.452.2620.192.46K1
KMDD0914143.30154.0010.7010.569.97410.3610.83K2
KMDD0914155.50160.004.504.441.30350.872.58K3
KMDD0915185.70206.2020.5016.1913.00160.8414.04K2
KMDD0916191.40192.781.380.906.1030.426.55K1
KMDD0916198.20201.403.202.106.2090.386.69KL2
KMDD091990.8091.801.000.712.2980.412.79 
KMDD0919100.30103.943.642.600.6270.611.31K1
KMDD0919113.90131.2417.3412.360.6940.481.21KL
KMDD0919157.00158.401.401.001.2050.061.32K2
KMDD092194.8996.001.110.860.23140.731.12KL
KMDD0921102.60106.003.402.620.9450.551.54KL
KMDD0921122.00123.001.000.7710.8800.0110.89KL
KMDD0923A69.0070.001.000.372.87280.293.50 
KMDD0923A76.1080.003.901.450.5420.651.21 
KMDD0923A97.00108.0011.004.090.2450.480.78 
KMDD0923A114.56117.202.640.980.4220.420.86 
KMDD0923A282.00283.801.800.670.45261.492.24 
KMDD0923A288.00289.001.000.373.2720.013.30 
KMDD0923A334.00335.001.000.370.28100.801.20 
KMDD0923A355.50366.7511.254.181.35131.783.28J1
KMDD0923A370.20376.005.802.161.54102.253.90K1
KMDD0923A389.00390.301.300.482.3010.162.47KL
KMDD0923A461.60463.902.300.850.3370.510.93K2
KMDD0923A567.00568.001.000.3710.8700.0110.88 
KMDD093256.7057.701.000.810.5580.571.21 
KMDD093274.4076.502.101.691.0830.091.20K1
KMDD0932134.65138.003.352.7036.00210.8337.07K2
KMDD093386.4088.702.301.600.4450.410.91K1
KMDD0933160.80161.921.120.780.7950.291.14K2
KMDD093498.2099.701.501.090.6791.422.19 
KMDD0934103.00104.301.300.9410.0961.2111.36K1
KMDD0934108.60111.002.401.740.1272.282.47 
KMDD093555.0058.003.001.125.2010.325.53 
KMDD093580.3093.7513.455.041.74160.212.14K1
KMDD093660.3062.652.350.681.25101.182.55 
KMDD093692.00111.5019.505.6033.46260.2734.04K1
KMDD0940191.00192.001.000.650.70416.097.25 
KMDD0940202.00204.002.001.300.0440.790.88 
KMDD0940304.00313.009.005.860.21331.812.40K1
KMDD0940333.88337.003.122.030.10361.632.15K2
KMDD0940354.00355.001.000.652.59440.563.68 
KMDD0940371.00372.301.300.851.3100.011.33 
KMDD0940413.18416.002.821.840.40260.521.23 
KMDD094394.5897.152.572.002.1781.103.35K1
KMDD0943102.72104.501.781.380.3041.331.67 
KMDD094498.0099.001.000.391.0400.001.04 
KMDD0944117.95118.460.510.201.3620.021.40J1S
KMDD0944232.19232.500.310.121.12290.001.47 
KMDD0944286.60293.406.802.665.28420.436.21J1
KMDD0944296.60297.170.570.220.67160.501.36 
KMDD0944375.40380.274.871.900.3751.161.59 
KMDD0944399.00411.4012.404.852.32181.584.11K1
KMDD0944547.74548.210.470.180.31412.483.27 
KMDD0944589.00591.002.000.783.3210.033.36 
KMDD0944596.81597.260.450.180.2570.831.16 
KMDD0944602.64603.000.360.140.25291.962.55 
KMDD0944614.00615.001.000.390.13200.470.84 
KMDD0966171.60171.900.300.180.4170.701.19 
KMDD0966202.10204.152.051.211.20180.571.98 
KMDD0966209.00215.006.003.551.14150.281.60J1
KMDD0966233.00233.500.500.300.8640.101.01 
KMDD0966238.00239.001.000.591.96110.632.72 
KMDD0966246.00246.400.400.240.684221.5022.57 
KMDD0966257.00261.604.602.720.8340.311.19 
KMDD0966280.30284.504.202.491.3230.091.44K1
KMDD0966348.00349.001.000.591.89160.822.90K2
KMDD0966353.20360.006.804.030.4890.951.53 
KMDD0966387.50388.000.500.301.7510.151.91K3
KMDD0976162.87164.401.531.021.50253.965.74K1
KMDD0976194.10199.505.403.608.17111.259.55K2
KMDD0976203.00204.801.801.200.81110.071.01 
KMDD0976221.40228.006.604.400.32190.901.44K3
KMDD0977148.00148.720.720.536.20271.888.39 
KMDD0977162.64180.8318.1913.4910.4081.2111.70K2
KMDD0977185.30188.303.002.220.6951.482.22 
KMDD0977211.85213.001.150.850.59150.891.66K3
Table 2
Kainantu Gold Mine – Significant Intercepts from Judd Underground Diamond Drilling
 
Hole IDFrom (m)To (m)Interval (m)True width (m)Gold g/tSilver g/tCopper %Gold EqVein
JDD0295181.85186.204.352.872.1220.312.45J1
JDD0295214.74218.603.862.550.81140.421.40J1l
JDD0296193.00194.681.681.165.5030.976.51J1
JDD0296219.00232.9013.909.917.03400.988.49J1L
JDD0296237.48238.250.770.556.282240.509.47 
JDD0296242.80243.100.300.222.46610.583.77 
JDD0296247.83248.160.330.240.15646.527.40 
JDD0297110.90125.0014.1011.830.9590.571.63J1
JDD0298115.08119.974.894.042.12160.402.71J1
JDD0299110.50110.700.200.170.13153.303.59 
JDD0299123.55123.830.280.251.3050.161.52 
JDD0299128.50131.503.002.645.6760.456.19J12
JDD0299136.00137.001.000.896.4770.937.48 
JDD0299159.56162.783.222.911.4510.111.57J1
JDD0299170.27170.500.230.210.31242.032.62 
JDD0299174.21178.224.013.661.2290.521.85J1L
JDD0300122.46125.803.342.811.1520.331.50 
JDD0300135.34138.923.583.032.03110.502.65J12
JDD0300168.85170.101.251.082.3350.542.93J1
JDD0300175.90182.406.505.632.95261.194.45J1L
JDD0301175.40179.003.602.952.2860.572.91J1
JDD0301185.20190.735.534.512.20170.522.93J1L
JDD0302147.40152.224.824.006.3430.366.74J1
JDD0302177.00177.850.850.704.00101.485.59J1L
JDD030364.0073.009.006.7112.43140.2312.82J1
JDD030373.0077.004.003.004.1460.084.29J1L
JDD030465.2882.9017.6212.674.9440.145.13J1
JDD030491.9094.002.101.5166.26790.2467.46J1L
JDD030558.4060.001.601.3126.9810.1227.11J1
JDD030563.9066.702.802.311.36120.201.70J1L
JDD030662.7068.155.453.7866.08160.7366.99J1
JDD030683.0088.305.303.7081.252191.5685.44J1L
JDD0306100.17100.550.380.271.00210.421.67 
JDD030756.7058.351.651.16183.17791.68185.79J1
JDD030769.9571.801.851.311.4431.102.57J1L
JDD030787.1087.500.400.281.51280.282.13 
JDD030795.8096.350.550.395.15243.679.09 
JDD0307126.60127.631.030.731.331120.423.08 
JDD030856.9560.303.352.092.8930.123.04J1S2
JDD030888.3091.673.372.115.7820.296.09J1
JDD0308129.10134.125.023.570.101380.632.38J1S
JDD0309A113.70114.200.500.470.46100.340.92J1
JDD0309A151.23152.000.770.725.24221.166.66J1N
JDD031376.4579.172.722.2424.3470.1324.55J1
JDD031475.1578.813.663.4410.49372.6113.52J1
JDD0314137.20141.424.224.021.2830.211.53J1S
JDD031566.4570.353.903.750.4330.100.56J1
JDD0315102.90105.102.202.100.6330.190.85J1FW
JDD0316172.70174.601.900.630.302265.338.32J1
JDD0316211.75213.001.250.422.53510.643.78 
JDD0316252.00253.001.000.331.03110.031.19 
JDD0316274.00275.801.800.603.6260.033.72 
JDD0316305.70306.701.000.334.6660.014.74 
JDD0316315.00316.001.000.331.3950.011.46 
JDD0316327.00328.001.000.331.0510.011.07 
JDD0316348.00349.001.000.330.49190.240.96 
JDD0316356.00357.001.000.330.43460.010.99 
JDD0316377.00378.001.000.331.2320.031.28 
JDD0316439.00440.001.000.330.78190.151.16 
JDD0316463.00468.005.001.670.46230.100.83J1S
JDD031792.5094.451.951.021.2470.191.50J1
JDD0317117.34121.704.362.401.8080.152.05J1N
JDD0317132.17134.532.361.3045.70634.4950.93J1FW
JDD031811.2013.302.101.057.921033.0612.20 
JDD031884.3687.463.101.56141.7410.59142.34 
JDD0318100.80102.701.900.951.9642.384.38J1
JDD0318116.50117.901.400.700.76230.791.82J1S
JDD031983.2386.803.572.043.4051.625.08J1S2
JDD031993.8597.553.702.150.9870.371.43J1
JDD0319123.85126.202.351.431.3190.121.54 
JDD0319129.90138.909.005.512.00170.502.70J1FW
JDD032082.0085.503.501.625.2870.115.47J1S
JDD032099.20103.103.901.8355.7470.9356.75J1
JDD032184.5792.007.434.4545.87400.8447.19J1S
JDD032173.9575.601.650.996.6250.527.19J1
JDD032184.5792.007.434.4545.87400.8447.19J1S
JDD032270.3574.684.332.7614.11200.6915.03J1
JDD032366.0082.1216.1210.0114.2210.1514.38J1
JDD0324114.62117.112.491.850.1331.191.36 
JDD0324124.33128.103.772.810.1020.270.39J1
JDD0324133.60143.169.567.120.75100.311.18 
JDD0325130.20133.002.802.204.07271.405.79J1
JDD032651.5053.001.500.920.1450.410.61 
JDD0326140.80143.502.701.662.28672.155.22J1
JDD0327126.12127.801.681.314.44210.355.04J1
JDD0327132.90137.004.103.192.7650.142.96 
JDD0328123.30125.251.951.500.2500.320.57J1
JDD0328140.00141.101.100.851.39130.361.91J1S
JDD0329118.00121.803.802.921.1980.221.51 
JDD0329131.70135.203.502.691.11240.581.97J1
JDD0331166.70168.852.151.361.4840.021.54J1S
JDD0331180.00181.001.000.631.9850.192.23J1
JDD0332127.00128.001.000.6822.7130.3323.08 
JDD0332163.53168.765.233.543.0620.343.42 
JDD033339.0041.002.001.650.1650.490.71 
JDD0355157.83166.008.174.830.4240.180.64J12
JDD0355176.34196.6320.2911.9912.68321.0014.06J1
JDD0355210.21220.209.995.904.4480.254.78JN
JDD0356190.00193.703.702.360.39100.470.97J1
JDD0356196.90204.007.104.534.6040.194.83J1N
JDD0358175.84179.924.082.710.99200.351.57J1
JDD0359139.00139.400.400.302.97382.996.40J1
JDD0360162.28165.333.052.1112.771201.2815.48J1
JDD0361140.00140.430.430.2930.371581.1233.38J12
Table 3
Kainantu Gold Mine – Collar Locations for Kora and Judd Underground Drilling
 
Hole IDCollar location Collar orientationLode
Local NorthLocal EastmRLDipLocal azimuthEOH depth (m)
JDD0295585862984313573271231Judd
JDD0296585862984313574089251Judd
JDD029758690298181136-1097149Judd
JDD029858689298181136-6110143Judd
JDD02995858529843135621110182Judd
JDD03005858529843135621115189Judd
JDD03015858529843135626113201Judd
JDD03025858529843135628105193Judd
JDD030358648299321382145992Judd
JDD0304586482993113832461116Judd
JDD030558648299321382187174Judd
JDD0306586482993213833170112Judd
JDD0307586462993113833798130Judd
JDD03085864529931138330133138Judd
JDD0309A590292988812971188162Judd
JDD031358888298961177161252Judd
JDD031458887298961176-3298275Judd
JDD0315298965888711774105200Judd
JDD031658025298381224-66150540Judd
JDD0317299325865013832347165Judd
JDD03185864629931138338138137Judd
JDD0319586492993213835735149Judd
JDD0320586492993213833146142Judd
JDD0321586492993213832052101Judd
JDD032258648299321384408095Judd
JDD0323586472993213833911692Judd
JDD032458689298181136-31117153Judd
JDD032558689298181136-7121160Judd
JDD0326588003001390427230185Judd
JDD032758689298181136-18120143Judd
JDD032858688298181136-34100151Judd
JDD032958690298181135-3081157Judd
JDD03315879930013902-15233198Judd
JDD033258690298181136-26134176Judd
JDD0333588013001390317283122Judd
JDD0355589732988413193970231Judd
JDD03565897029883131830127225Judd
JDD03585897129883131832119197Judd
JDD03592988358971131719106255Judd
JDD0360298835897213183599200Judd
JDD0361589732988413183172221Judd
KMDD08565874030025902-33261352Kora
KMDD08575874030025902-44263460Kora
KMDD08585874030026902-52260499Kora
KMDD0867A5939929954120831274171Kora
KMDD08685940029955120835246101Kora
KMDD08695819529800122432323101Kora
KMDD087258192297991223427667Kora
KMDD0873581902980012253723680Kora
KMDD087458190298001222-2023093Kora
KMDD087558190298001223421997Kora
KMDD087658027298321226-52293150Kora
KMDD087758028298331226-19303121Kora
KMDD087858025298331225-23209167Kora
KMDD0880A5874030026903-61259679Kora
KMDD088158028298331225-41323231Kora
KMDD08825864429924138215218280Kora
KMDD0883586442992413813220237Kora
KMDD08875862130025904-45266420Kora
KMDD088858025298341224-55207194Kora
KMDD08895939829954120835227187Kora
KMDD08905874230026300-42300474Kora
KMDD0891586452992413815227206Kora
KMDD08925864529924138221232221Kora
KMDD08935864529923138323232138Kora
KMDD08945864729924138332280149Kora
KMDD08955862130026904-52264334Kora
KMDD0896586213002690458266678Kora
KMDD089859401299601206-34277184Kora
KMDD08995940129954120833278156Kora
KMDD09005940129954120942278170Kora
KMDD0901587862992098210297150Kora
KMDD090258785299209825282186Kora
KMDD0903587832992098317236200Kora
KMDD09045864729924138218272135Kora
KMDD0905586462992413827264135Kora
KMDD09065864729925138228256150Kora
KMDD09075864629924138212251168Kora
KMDD09085864529924138326246182Kora
KMDD09095861730024904-41243431Kora
KMDD09105864529924138324237208Kora
KMDD09115864529924138212238193Kora
KMDD0912A586452992313826234205Kora
KMDD09135861830025905-51245501Kora
KMDD0914587832992098213272176kora
KMDD0915587832992098215238236Kora
KMDD0916587792992098210231201Kora
KMDD09195940029954120940261166Kora
KMDD09215940029954120830261158Kora
KMDD0923A5861830025904-57246608Kora
KMDD093259401299541206-14269156Kora
KMDD093359400299541206-32260190Kora
KMDD09345940029954120828247158Kora
KMDD09355897329876131724344139Kora
KMDD09365897329876131718350194Kora
KMDD09405861730025905-26243437Kora
KMDD09435940029954120827259153Kora
KMDD09445837830013910-59261657Kora
KMDD09665910630051889-38249411Kora
KMDD09765858629955139630239254Kora
KMDD09775858729955139636262236Kora
Table 4
Kora and Judd Mineral Resource Estimate (Effective Date September 12, 2023, 3 g/t AuEq cut-off)
 
 TonnesGoldSilverCopperAuEq
 Mtg/tmozg/tmoz%ktg/tmoz
Kora         
Measured3.78.741.020.52.51.2145.010.961.3
Indicated3.16.990.721.92.21.3141.39.401.0
Total M&I6.97.941.821.14.71.2586.210.242.3
Inferred14.35.602.628.713.21.62231.28.603.9
          
Judd         
Measured0.49.050.1219.00.250.803.210.580.14
Indicated0.86.370.1715.60.420.736.27.760.21
Total M&I1.27.240.2916.70.670.759.48.680.35
Inferred2.36.270.4515.81.150.7617.27.720.56
          
Kora and Judd         
Measured4.18.771.220.42.71.1748.210.921.5
Indicated4.06.860.920.62.61.1947.49.051.2
Total M&I8.17.832.020.55.31.1895.610.002.6
Inferred16.55.693.027.014.31.50248.38.484.5
  • The Independent Qualified Person responsible for the Mineral Resource estimate is Simon Tear, P.Geo. of H & S Consultants Pty. Ltd., Sydney, Australia, and the effective date of the estimate is September 12, 2023. (Refer to technical report, titled, “Independent Technical Report, Kainantu Gold Mine, Updated Definitive Feasibility Study, Kainantu Project, Papua New Guinea” dated March 21, 2025, with an effective date of January 1, 2024.)
  • Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
  • Geological interpretation has generated a series of narrow, sub-vertical vein structures based on delineated wireframes on 10 m, 20 m and 25 m spaced cross sections. The design of the lode wireframes is based on a combination of logged geology, Au, Cu & Ag assay grades and locally on a nominal minimum mining width of 5.2m, all coupled with geological sense.
  • Resources were compiled at 3 g/t gold equivalent cut-off grades for Kora and Judd.
  • Density (t/m3) was modelled using Ordinary Kriging on 2,778 sample measurements. Areas within the mineral wireframes where no density grades were interpolated had average default values inserted at appropriate levels.
  • Reported tonnage and grade figures are rounded from raw estimates to reflect the order of accuracy of the estimate.
  • Minor variations may occur during the addition of rounded numbers.
  • Estimations used metric units (metres, tonnes and g/t).
  • Gold equivalents are calculated as AuEq = Au g/t + Cu%*1.6481+ Ag g/t*0.0114. Gold price US$1,700/oz; Silver US$22.5/oz; Copper US$4.00/lb. Metal payabilities and recoveries are incorporated into the AuEq formula. Recoveries of 93% for copper and 80% for silver were used.

Drill Hole Sampling Methodology, QA/QC and Qualified Person

The diamond drill hole is first logged to determine the sampling intervals, which range from a minimum of 0.1 m to generally 1 m. The drill core is sawn half core cut along a reference line, with the remainder of the core returned to the core tray. Core samples are then placed in numbered calico and plastic bags, with a numbered sample ticket for dispatch to the assay laboratory. Samples are separately assayed for gold, copper and silver. K92’s procedure includes the insertion standards, blanks and duplicates. Gold assays are by the fire assay method. Copper and silver assays are by three-acid-digestion method (nitric, perchloric and hydrochloric mix).

K92 maintains an industry-standard analytical quality assurance and quality control (QA/QC) and data verification program to monitor laboratory performance and ensure high quality assays. Results from this program confirm reliability of the assay results. All sampling and analytical work for the mine exploration program is performed by Intertek Testing Services (PNG) Ltd, an independent accredited laboratory that is located on site. External check assays for QA/QC purposes are performed at SGS Australia Pty Ltd in Townsville, Queensland, Australia.

K92 Mining Chief Geologist, Andrew Kohler, PGeo, MAIG, Qualified Person under the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has reviewed and is responsible for the technical content of this news release. In addition to the analytical QA/QC program outlined above, data verification also includes significant time onsite reviewing drill core, soil and outcrop sampling, artisanal workings, as well as discussing work programs and results with geology personnel and external consultants.

About K92

K92 Mining Inc. is engaged in the production of gold, copper 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 plant 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, including the Stage 3 Expansion, a new standalone 1.2 million tonnes-per-annum process plant and supporting infrastructure; (ii) statements regarding the expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion, operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv) the potential extended life of the Kainantu Mine.

All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic viruses; changes in the price of gold, silver, copper and other metals in the world markets; fluctuations in the price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry, including problems related to weather and climate in remote areas in which certain of the Company’s operations are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that mineral resources may never be converted into mineral reserves; the Company’s ability to carry on current and future operations, including development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent, duration and economic viability of such operations, including any mineral resources or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper; failures of information systems or information security threats; political, economic and other risks associated with the Company’s foreign operations; geopolitical events and other uncertainties, such as the conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to which the Company is subject to, including taxation; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions, including relationship with the communities in Papua New Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining industry; and the risks, uncertainties and other factors referred to in the Company’s Annual Information Form under the heading “Risk Factors”.

Estimates of mineral resources are also forward-looking statements because they constitute projections, based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and geological interpretation, Forward-looking statements are not a guarantee of future performance, and actual results and future events could materially differ from those anticipated in such statements. Although we have attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause actual results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Figure 1 – K1 Vein Long Section

查看配图:Figure 1 - K1 Vein Long Section

Figure 2 – K2 Vein Long Section

查看配图:Figure 2 - K2 Vein Long Section

Figure 3 – J1 Vein Long Section

查看配图:Figure 3 - J1 Vein Long Section

Figure 4 – Kora-Irumafimpa Long Section

查看配图:Figure 4 - Kora-Irumafimpa Long Section

Figure 5 – Judd Long Section

查看配图:Figure 5 - Judd Long Section

Figure 6 – JDD0306 Core Photograph, 60.80 – 70.40 m; within intersection of 5.45 m at 66.99 g/t AuEq or 66.08 g/t Au, 16 g/t Ag and 0.73% Cu from the J1 Vein.

查看配图:Figure 6 - JDD0306 Core Photograph

Figure 7 – KMDD0893 Core Photograph, 99.44 – 107.34 m; within intersection of 4.95 m at 38.46 g/t AuEq or 37.99 g/t Au, 6 g/t Ag and 0.40% Cu from the K1 Vein.

查看配图:Figure 7 – KMDD0893 Core Photograph

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Source: K92 Mining · 官方动态 · k92mining.com

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