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K92 Mining Announces 2026 Operational Guidance - Significant Production Growth and Exploration Program Planned
VANCOUVER, British Columbia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- K92 Mining Inc.  (“ K...
About this update from K92 Mining, Inc.
[{"type":"text","content":"K92 Mining Announces 2026 Operational Guidance – Significant Production Growth and Exploration Program Planned\nVANCOUVER, British Columbia, Jan. 26, 2026 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB:  KNTNF) is pleased to provide its operational outlook for 2026, forecasting a significant increase in production and a substantial exploration budget to continue supporting its highly effective exploration activities on multiple near-mine and regional targets. Production in 2026 is expected to be 190,000 to 225,000 ounces gold equivalent (“AuEq”), a significant increase from the record 2025 production of 174,134 oz AuEq. Production is expected to be strongest in H2 2026, driven by the progressive ramp-up in ore tonnes mined and processed from two new mining fronts and key expansion enabler projects scheduled mostly for completion in H1 2026, including: (i) Phase 3 Ventilation Upgrade (Puma Vent Drive breakthrough – 10 m remaining as at January 25, 2026), (ii) Stage 4 Expansion Primary Ventilation upgrade (late-Q1 2026), (iii) Decline-Incline Convergence Project connecting the Main Mine with the highly productive Twin Incline (connection completed January 24, 2026), (iv) major load and haul fleet expansion (H1 2026), (v) completion of river crossings enabling 60-tonne truck payloads from twin incline underground direct to process plant (scheduled completion Q2 2026), (vi) pastefill plant (commissioning on schedule to commence mid-Q1 2026, practical completion scheduled for H2 2026), and (vii) Stage 4 Expansion Power Station Upgrade to 15.3 MW (scheduled completion Q2 2026) (see January 12, 2026 press release).Net of by-product credit basis cash costs between $710-$770 per ounce gold and all-in sustaining costs (“AISC”) of $1,250-$1,350 per ounce gold are forecasted for 2026. On a co-product basis, cash costs between $980-$1,040 per ounce AuEq and AISC of $1,480-$1,580 per ounce AuEq are forecasted for 2026.Record exploration program planned, with $31-$35 million projected for 2026. Surface exploration plans are focused on the near-mine targets including Arakompa, Maniape, and Judd North, with initial drilling planned at the Mati-Mesoan-Bona Creek vein systems located proximal to the Kora and Judd deposits and ex...