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K92 Mining Inc
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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Feb 18 2026
20 min read

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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VANCOUVER, British Columbia, Feb. 18, 2026 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its latest high-grade results from the ongoing underground diamond drilling of the Kora, Kora South, Judd and Judd South deposits in addition to the Kora and Judd Deeps targets at the Kainantu Gold Mine in Papua New Guinea.

Expansion of Near-Mine Infrastructure Dilatant Zone in Twin Incline Mining Front

  • 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)

First Set of Kora Deeps and Judd Deeps Results Delivers Significant Depth Extension with Strong Strike Extent, Thickness and High Grades

  • 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 m at 10.16 g/t AuEq(5.43 g/t Au, 80 g/t Ag,3.79% Cu)

    • KMDD0880A:17.20 m at 5.04 g/t AuEq(4.41 g/t Au, 18 g/t Ag, 0.41% Cu)

    • KMDD0913:13.75 m at 5.41 g/t AuEq(2.76 g/t Au, 17 g/t Ag,2.45% Cu)

    • KMDD0896:9.10 m at 6.03 g/t AuEq(2.90 g/t Au, 24 g/t Ag,2.85% Cu)

    • KMDD0944:12.40 m at 4.11 g/t AuEq(2.32 g/t Au, 18 g/t Ag,1.58% Cu)

  • Multiple thick, high-grade intercepts recorded at Judd Deeps along the J1 Vein, up to 300 m below the Twin Incline and 350 m below the MRE. High-grade, thick mineralization has been defined over a 450 m strike to date, and remains open at depth and along strike to both the north and south. Highlights include:

    • KMDD0896:8.50 m at 8.64 g/t AuEq(8.02 g/t Au, 11 g/t Ag, 0.49% Cu)

    • KMDD0944:6.80 m at 6.21 g/t AuEq(5.28 g/t Au, 42 g/t Ag, 0.43% Cu)

    • KMDD0895:5.05 m at 5.35 g/t AuEq(3.10 g/t Au, 35 g/t Ag, 1.85% Cu)

High-Grade Zones Continue to Be Extended and Outperform MRE Up-Dip of the Main Mine at Kora and Judd

  • High-grade zones within Kora’s K1 and K2 veins continue to be extended up-dip from the Main Mine, recording multiple intersections exceeding MRE grades.

    • K1 Vein high-grade up-dip extension results from Main Mine include:

      • KMDD0893:4.95 m at 38.46 g/t AuEq(37.99 g/t Au, 6 g/t Ag, 0.40% Cu)

      • KMDD0904:7.40 m at 14.04 g/t AuEq(13.56 g/t Au, 6 g/t Ag, 0.41% Cu)

      • KMDD0894:4.16 m at 24.24 g/t AuEq(23.04 g/t Au, 14 g/t Ag, 1.03% Cu)

      • KMDD0883:4.00 m at 16.80 g/t AuEq(14.79 g/t Au, 16 g/t Ag, 1.82% Cu)

      • KMDD0892:6.10 m at 7.40 g/t AuEq(5.09 g/t Au, 29 g/t Ag, 1.97% Cu)

      • KMDD0891:3.35 m at 8.01 g/t AuEq(6.19 g/t Au, 14 g/t Ag, 1.66% Cu)

    • K2 Vein high-grade up-dip extension results from Main Mine include:

      • KMDD0977:18.19 m at 11.70 g/t AuEq(10.40 g/t Au, 8 g/t Ag, 1.21% Cu)

      • KMDD0882:29.30 m at 7.90 g/t AuEq(5.84 g/t Au, 22 g/t Ag, 1.81% Cu)

      • KMDD0904:4.35 m at 29.62 g/t AuEq(26.34 g/t Au, 23 g/t Ag, 3.01% Cu)

      • KMDD0906:16.90 m at 8.29 g/t AuEq(7.20 g/t Au, 5 g/t Ag, 1.03% Cu)

      • KMDD0910:8.00 m at 13.20 g/t AuEq(11.47 g/t Au, 13 g/t Ag, 1.58% Cu)

      • KMDD0907:11.92 m at 5.74 g/t AuEq(4.47 g/t Au, 6 g/t Ag, 1.20% Cu)

      • KMDD0905:3.90 m at 13.77 g/t AuEq(8.58 g/t Au, 52 g/t Ag, 4.59% Cu)

      • KMDD0908:6.85 m at 8.83 g/t AuEq(7.95 g/t Au, 12 g/t Ag, 0.75% Cu)

      • KMDD0893:2.85 m at 16.81 g/t AuEq(11.77 g/t Au, 38 g/t Ag, 4.61% Cu)

      • KMDD0911:7.02 m at 6.54 g/t AuEq(4.79 g/t Au, 11 g/t Ag, 1.62% Cu)

      • KMDD0894:3.70 m at 10.44 g/t AuEq(7.95 g/t Au, 28 g/t Ag, 2.17% Cu)

      • KMDD0976:5.40 m at 9.55 g/t AuEq(8.17 g/t Au, 11 g/t Ag, 1.25% Cu)

  • Multiple high-grade intersections recorded at Judd’s J1 Vein continue to extend high-grade mineralization up-dip from the Main Mine, with multiple intersections exceeding MRE grades. Highlights include:

    • JDD0306:5.45 m at 66.99 g/t AuEq(66.08 g/t Au, 16 g/t Ag, 0.73% Cu)

    • JDD0323:16.12 m at 14.38 g/t AuEq(14.22 g/t Au, 1 g/t Ag, 0.15% Cu)

    • JDD0307:1.65 m at 185.79 g/t AuEq(183.17 g/t Au, 79 g/t Ag, 1.68% Cu)

    • JDD0320:3.90 m at 56.75 g/t AuEq(55.74 g/t Au, 7 g/t Ag, 0.93% Cu)

    • JDD0303:9.00 m at 12.82 g/t AuEq(12.43 g/t Au, 14 g/t Ag, 0.23% Cu)

    • JDD0304:17.62 m at 5.13 g/t AuEq(4.94 g/t Au, 4 g/t Ag, 0.14% Cu)

    • JDD0322:4.33 m at 15.03 g/t AuEq(14.11 g/t Au, 20 g/t Ag, 0.69% Cu)

    • JDD0305:1.60 m at 27.11 g/t AuEq(26.98 g/t Au, 1 g/t Ag, 0.12% Cu)

    • JDD0302:4.82 m at 6.74 g/t AuEq(6.34 g/t Au, 3 g/t Ag, 0.36% Cu)

    • JDD0308:3.37 m at 6.09 g/t AuEq(5.78 g/t Au, 2 g/t Ag, 0.29% Cu)

Step-out Drilling Along Strike to the North and South Records High-Grade at Kora and Judd, Including Multiple +20 g/t AuEq Intersections

  • Multiple high-grade intercepts recorded at the K1 and K2 Veins, extending mineralization along strike to the north and south of the MRE, with multiple intersections exceeding resource model grades, including high-grade copper mineralization at Kora South in holes KMDD0888, KMDD0873, and KMDD0869.

    • K1 Vein high-grade intersections at Kora South:

      • KMDD0873: 7.90 m at 11.26 g/t AuEq (2.57 g/t Au, 155 g/t Ag, 6.87% Cu)

      • KMDD0888: 8.15 m at 28.99 g/t AuEq (26.16 g/t Au, 22 g/t Ag, 2.59% Cu)

    • K1 Vein high-grade intersections along strike to the north:

      • KMDD0936: 19.50 m at 34.04 g/t AuEq (33.46 g/t Au, 26 g/t Ag, 0.27% Cu)

      • KMDD0867A: 15.33 m at 9.86 g/t AuEq (8.96 g/t Au, 19 g/t Ag, 0.69% Cu)

    • K2 Vein high-grade intersections at Kora South:

      • KMDD0869: 6.00 m at 5.86 g/t AuEq (1.62 g/t Au, 79 g/t Ag, 3.31% Cu)

      • KMDD0876: 3.70 m at 14.13 g/t AuEq (13.28 g/t Au, 13 g/t Ag, 0.70% Cu)

    • K2 Vein high-grade intersections along strike to the north:

      • KMDD0932: 3.35 m at 37.07 g/t AuEq (36.00 g/t Au, 21 g/t Ag, 0.83% Cu)

    • J1 Vein high-grade intercepts along strike to the north at depth:

      • JDD0313: 2.72 m at 24.55 g/t AuEq (24.34 g/t Au, 7 g/t Ag, 0.13% Cu)

      • JDD0314: 3.66 m at 13.52 g/t AuEq (10.49 g/t Au, 37 g/t Ag, 2.61% Cu)

    • Other high-grade intersections near-mine infrastructure in the Lower Kora Mining Front include:

      • KMDD0903: 1.86 m at 13.75 g/t AuEq (12.58 g/t Au, 5 g/t Ag, 1.11% Cu) at the K1 Vein and 2.60 m at 22.44 g/t AuEq (21.64 g/t Au, 12 g/t Ag, 0.67% Cu) at the K2 Vein

Strong High-Grade Results Recorded Towards Surface at Judd North

  • Multiple high-grade intersections recorded within the Judd North target area towards surface. Judd North is defined as a highly prospective, northern up-dip extension of the Judd Deposit over a target area of 800 m strike by 250 to 500 m vertical extent towards surface (see Figure 3). In addition to active drilling from underground, K92 plans to commence surface drilling of this target area in H2 2026.

    • J1 Vein highlights at Judd North include:

      • JDD0355: 20.29 m at 14.06 g/t AuEq (12.68 g/t Au, 32 g/t Ag, 1.00% Cu)

      • JDD0360: 3.05 m at 15.48 g/t AuEq (12.77 g/t Au, 120 g/t Ag, 1.28% Cu)

    • Previously reported J1 vein intersection highlights at Judd North include:

      • KODD0055(4): 9.85 m at 7.58 g/t AuEq (7.37 g/t Au, 2 g/t Ag, 0.13% Cu)

      • JDD0178(5)6.36 m at 23.07 g/t AuEq (22.43 g/t Au, 19 g/t Ag, 0.25% Cu)

      • EKDD0002(6)4.70 m at 5.22 g/t AuEq (4.98 g/t Au, 17 g/t Ag, 0.02% Cu)

Notes

(1)   Drill highlights presented above are core lengths (not true widths).
(2)   Gold equivalent exploration results are calculated using longer-term commodity prices with a copper price of US$5.00/lb, a silver price of US$50.00/oz and a gold price of US$3,500/oz. The following recoveries were applied in-line with the Updated Definitive Feasibility Study: Au – 92.6%, Cu – 94.0%, and; Ag – 78.0%.
(3)   See June 5, 2025 press release; K92 Mining Announces Expansion of Near-Mine Infrastructure Dilatant Zone, High-Grade Zone Extensions and Potential New High-Grade Zone Along Strike.
(4)   See May 6, 2024 press release; K92 Mining Announces Latest Drilling Results Extending Multiple High-Grade Zones and New Dilatant Zone Discovered
(5)   See May 24, 2023 press release; K92 Mining Announces Discovery of High-Grade Zone at the J2 Vein to the South and High-Grade Intersections at Kora-Kora South and Judd-Judd South Vein Systems.
(6)   See September 9, 2019 press release; K92 Mining Announces Latest High-Grade Drill Results From Kora.

John Lewins, K92 Chief Executive Officer and Director, stated, “We are very pleased with the latest drilling results, which continue to deliver strong near-mine growth and demonstrate the exceptional continuity and scale of the Kora-Judd system. Key highlights include the expansion of a dilatant zone near-mine infrastructure at the Twin Incline Mining Front, extensions of high-grade zones above the Main Mine at grades outperforming the mineral resource estimate, and significant depth extensions at both Kora and Judd from our initial set of deeps drill program results. Numerous high-grade intersections were also recorded along strike to both the north and south, further reinforcing the strength of the vein system and our organic resource growth pipeline.

With our exploration budget increasing by more than 50% in 2026 to $31-$35 million, we see significant opportunities to continue expanding resources in the near term. We currently have seven underground drill rigs operating at Kora and Judd, five surface rigs at Arakompa and Maniape, one at Wera, and two additional rigs scheduled to arrive in the second quarter. Later in the year, we plan to expand drilling to target several highly prospective regional targets, including Mati, Mesoan, Bona-Creek, and Judd North from surface. We look forward to providing further exploration updates in due course.”

The results for the latest 101 diamond drill holes completed from underground are summarized in the tables below. The results continue to demonstrate the high-grade, continuity and expansion potential of the Kora-Kora South and Judd-Judd South vein systems. Intersections largely focused on increasing drill density vertically while also targeting resource extension along strike to the south and north, as well as at depth.

All drill holes at Kora-Kora South (including Kora Deeps) intersected mineralization, with 31 intersections exceeding 10 g/t AuEq and 61 intersections exceeding 5 g/t AuEq.

At Judd-Judd South (including Judd Deeps), all drill holes intersected mineralization, with 16 intersections exceeding 10 g/t AuEq and 36 intersections exceeding 5 g/t AuEq.

Figures

Long sections of K1, K2, and J1, showing the location of the latest drill holes, are provided in Figures 1, 2, and 3, respectively.

A long section showing Kora drilling to date is provided in Figure 4.

A long section showing Judd drilling to date is provided in Figure 5.

Core photographs from drill holes JDD0306 and KMDD0893 are provided in Figure 6 and Figure 7, respectively.


Table 1
Kainantu Gold Mine – Significant Intercepts from Kora Underground Diamond Drilling

 

Hole ID

From (m)

To (m)

Interval (m)

True width (m)

Gold g/t

Silver g/t

Copper %

Gold Eq

Vein

KMDD0856

190.30

192.00

1.70

1.28

1.04

24

0.50

1.82

J1

KMDD0856

240.60

242.90

2.30

1.88

2.02

18

1.42

3.65

K1

KMDD0856

288.90

294.40

5.50

4.60

1.88

10

1.55

3.55

K2

KMDD0856

307.00

309.75

2.75

2.31

0.76

17

0.35

1.31

K3

KMDD0857

224.40

226.70

2.30

1.35

0.12

1

0.15

0.28

J1

KMDD0857

256.57

259.10

2.53

1.69

1.16

20

1.94

3.33

K1

KMDD0857

323.80

326.00

2.20

1.45

0.24

19

3.16

3.61

KL

KMDD0857

369.30

370.10

0.80

0.57

0.47

46

1.24

2.26

K2

KMDD0858

297.97

301.60

3.63

1.81

0.69

20

1.33

2.24

J1

KMDD0858

372.00

373.00

1.00

0.57

2.05

1

0.01

2.07

K1

KMDD0858

407.90

416.00

8.10

4.64

2.64

3

0.59

3.27

K2

KMDD0867A

68.50

70.00

1.50

1.34

1.53

3

0.30

1.87

K1FW

KMDD0867A

89.70

105.03

15.33

13.72

8.96

19

0.69

9.86

K1

KMDD0867A

132.60

133.60

1.00

0.90

4.70

8

0.10

4.90

K2

KMDD0867A

140.80

141.60

0.80

0.72

2.45

3

0.33

2.81

K2HW

KMDD0868

101.30

107.40

6.10

4.62

0.68

3

0.34

1.06

K1

KMDD0869

4.10

5.10

1.00

0.62

1.43

3

0.01

1.48

 

KMDD0869

35.15

51.14

15.99

9.92

0.27

8

1.45

1.80

K1

KMDD0869

51.14

62.50

11.36

7.05

0.60

5

0.90

1.55

KL

KMDD0869

72.00

78.00

6.00

3.72

1.62

79

3.31

5.86

K2

KMDD0872

25.00

32.80

7.80

7.80

0.44

6

0.50

1.01

K1

KMDD0872

32.80

38.35

5.55

5.55

0.49

7

0.29

0.86

KL

KMDD0872

38.35

47.30

8.95

8.95

0.51

29

2.63

3.47

K2

KMDD0873

43.50

51.40

7.90

5.29

2.57

155

6.87

11.26

K1

KMDD0873

51.40

59.00

7.60

5.10

0.79

32

2.38

3.54

K2

KMDD0874

36.00

44.70

8.70

5.34

0.32

12

1.81

2.26

K1

KMDD0874

45.15

52.20

7.05

4.32

0.56

13

0.63

1.34

K2

KMDD0875

45.93

46.80

0.87

0.48

1.32

18

0.73

2.26

K1

KMDD0875

54.40

56.62

2.22

1.24

1.04

8

0.41

1.54

K2

KMDD0875

78.00

78.53

0.53

0.29

1.32

173

2.80

6.19

K2HW

KMDD0876

95.30

99.00

3.70

1.92

13.28

13

0.70

14.13

K2

KMDD0877

60.47

66.00

5.53

4.44

0.45

32

1.71

2.54

K1

KMDD0877

74.00

79.00

5.00

4.01

1.04

17

0.83

2.08

K2

KMDD0878

126.50

127.00

0.50

0.18

1.51

1

0.00

1.52

K2

KMDD0880A

199.00

199.70

0.70

0.26

2.70

30

0.32

3.38

 

KMDD0880A

222.75

223.00

0.25

0.10

0.98

38

6.15

7.55

 

KMDD0880A

226.60

226.80

0.20

0.08

6.53

36

3.02

9.97

 

KMDD0880A

263.80

276.00

12.20

5.02

1.17

12

0.42

1.73

J1N

KMDD0880A

346.40

354.00

7.60

3.36

3.61

21

0.36

4.22

J1

KMDD0880A

365.10

382.30

17.20

8.86

4.41

18

0.41

5.04

K1

KMDD0880A

465.90

470.50

4.60

2.53

0.13

10

0.55

0.80

K2

KMDD0880A

489.70

490.05

0.35

0.20

0.22

136

12.26

14.05

K2HW

KMDD0881

84.54

84.67

0.13

0.06

13.22

15

0.08

13.48

K1FW

KMDD0881

129.00

131.70

2.70

1.21

2.74

23

3.49

6.49

K1

KMDD0881

170.60

172.60

2.00

0.89

1.22

50

2.60

4.42

K2

KMDD0881

186.63

187.40

0.77

0.34

0.78

208

5.81

9.06

K2HW

KMDD0881

195.15

199.90

4.75

2.10

21.67

34

0.08

22.16

K3

KMDD0881

203.70

204.60

0.90

0.40

1.41

1

0.02

1.44

 

KMDD0882

199.60

228.90

29.30

17.66

5.84

22

1.81

7.90

K2

KMDD0883

196.00

200.00

4.00

2.45

14.79

16

1.82

16.80

K1

KMDD0883

200.00

219.60

19.60

12.00

0.42

14

1.17

1.76

KL

KMDD0883

219.60

225.65

6.05

3.71

2.27

80

2.56

5.78

K2

KMDD0883

225.65

228.90

3.25

1.99

0.23

6

1.10

1.40

K3

KMDD0887

53.70

54.10

0.40

0.23

0.81

17

2.81

3.81

 

KMDD0887

65.50

65.85

0.35

0.21

0.95

20

4.47

5.64

 

KMDD0887

102.20

102.60

0.40

0.24

1.32

28

7.27

8.89

 

KMDD0887

207.75

208.08

0.33

0.49

0.69

24

2.47

3.43

 

KMDD0887

224.25

224.68

0.43

0.28

1.29

13

2.03

3.47

J1

KMDD0887

270.20

275.00

4.80

3.52

2.16

13

2.09

4.39

K1

KMDD0887

284.65

291.25

6.60

4.86

4.12

60

2.12

6.95

KL

KMDD0887

297.00

298.00

1.00

0.74

5.54

2

0.06

5.62

 

KMDD0887

330.25

330.50

0.25

0.19

2.58

18

0.93

3.72

 

KMDD0887

382.30

384.50

2.20

1.67

0.99

29

0.20

1.54

K2

KMDD0887

408.30

409.00

0.70

0.53

1.85

7

0.02

1.95

 

KMDD0888

130.00

138.15

8.15

1.31

26.16

22

2.59

28.99

K1

KMDD0888

167.00

169.40

2.40

0.45

0.93

33

2.32

3.63

KL

KMDD0889

134.00

136.00

2.00

1.24

0.93

3

0.87

1.83

K1

KMDD0889

168.20

171.70

3.50

2.20

0.20

2

0.16

0.39

K2

KMDD0890

241.60

245.20

3.60

2.28

0.93

14

0.57

1.66

J1

KMDD0890

256.30

259.90

3.60

2.41

0.52

2

0.09

0.64

K1FW

KMDD0890

262.70

266.10

3.40

2.28

1.86

12

0.44

2.43

K1

KMDD0890

369.93

372.50

2.57

1.77

0.18

9

0.07

0.36

K2

KMDD0890

430.30

434.70

4.40

3.07

1.73

7

0.27

2.07

K3

KMDD0890

441.55

443.74

2.19

1.18

1.19

3

0.09

1.32

 

KMDD0891

170.15

173.50

3.35

2.37

6.19

14

1.66

8.01

K1

KMDD0891

177.55

190.50

12.95

9.17

1.25

5

0.49

1.79

K2

KMDD0891

197.60

198.90

1.30

0.92

0.64

15

0.83

1.65

K3

KMDD0892

120.85

121.26

0.41

0.30

0.73

31

7.15

8.21

 

KMDD0892

140.00

141.20

1.20

0.87

1.46

5

0.60

2.12

K1FW

KMDD0892

144.85

145.80

0.95

0.69

1.06

15

0.91

2.15

 

KMDD0892

155.95

162.05

6.10

4.46

5.09

29

1.97

7.40

K1

KMDD0892

176.85

177.57

0.72

0.53

1.65

32

1.43

3.45

K2

KMDD0892

218.55

219.25

0.70

0.52

0.79

46

4.01

5.33

K2HW

KMDD0893

102.85

107.80

4.95

4.85

37.99

6

0.40

38.46

K1

KMDD0893

107.80

115.95

8.15

7.99

0.25

3

0.74

1.02

KL

KMDD0893

115.95

118.80

2.85

2.80

11.77

38

4.61

16.81

K2

KMDD0894

108.84

113.00

4.16

3.72

23.04

14

1.03

24.24

K1

KMDD0894

113.00

120.80

7.80

6.97

0.56

6

0.87

1.51

KL

KMDD0894

120.80

124.50

3.70

3.30

7.95

28

2.17

10.44

K2

KMDD0894

138.80

144.90

6.10

5.41

1.89

38

0.25

2.59

K2HW

KMDD0895

59.10

66.55

7.45

2.89

0.64

3

0.14

0.83

 

KMDD0895

313.00

318.05

5.05

2.56

3.10

35

1.85

5.35

J1

KMDD0896

99.70

103.60

3.90

1.47

0.91

31

2.84

4.11

 

KMDD0896

286.00

291.60

5.60

2.21

0.42

16

0.46

1.07

 

KMDD0896

294.70

297.00

2.30

0.91

0.66

2

0.19

0.88

 

KMDD0896

309.40

312.60

3.20

1.29

4.37

19

0.54

5.14

 

KMDD0896

357.10

365.60

8.50

3.50

8.02

11

0.49

8.64

J1

KMDD0896

369.30

378.40

9.10

4.21

2.90

24

2.85

6.03

K1

KMDD0896

477.00

482.00

5.00

2.43

0.05

2

0.06

0.13

K2

KMDD0898

106.00

106.20

0.20

0.16

0.50

18

1.07

1.79

K1

KMDD0898

164.00

165.00

1.00

0.83

1.14

2

0.11

1.27

K2

KMDD0899

89.23

101.30

12.07

10.69

1.87

4

0.45

2.36

K1

KMDD0899

134.00

134.20

0.20

0.18

1.69

2

0.02

1.73

K2

KMDD0899

141.19

147.00

5.81

5.15

15.35

4

0.08

15.47

K3

KMDD0900

62.60

62.79

0.19

0.15

1.62

17

0.84

2.66

 

KMDD0900

81.00

81.30

0.30

0.24

10.32

21

4.36

14.91

K1FW

KMDD0900

84.00

86.00

2.00

1.63

1.86

15

0.16

2.20

 

KMDD0900

96.86

97.30

0.44

0.36

1.65

28

2.22

4.19

 

KMDD0900

110.84

112.05

1.21

1.00

3.67

2

0.29

3.98

K1

KMDD0900

121.00

122.00

1.00

0.83

1.17

2

0.01

1.20

KL

KMDD0900

143.53

151.50

7.97

6.74

0.62

4

0.16

0.83

K2

KMDD0901

129.33

144.00

14.67

13.54

3.26

8

0.19

3.55

K1

KMDD0902

95.73

96.10

0.37

0.37

8.24

4

0.93

9.21

K1FW

KMDD0902

111.30

111.48

0.18

0.18

1.10

1

0.11

1.22

 

KMDD0902

112.70

118.40

5.70

5.64

2.78

1

0.09

2.87

K1

KMDD0902

131.48

132.30

0.82

0.81

16.21

10

0.20

16.53

KL

KMDD0902

140.80

147.22

6.42

6.35

0.83

4

0.33

1.20

K2

KMDD0903

147.90

148.30

0.40

0.31

1.01

7

0.84

1.93

K1FW

KMDD0903

183.20

185.06

1.86

1.43

12.58

5

1.11

13.75

K1

KMDD0903

197.00

199.60

2.60

1.99

21.64

12

0.67

22.44

K2

KMDD0904

102.40

109.80

7.40

7.27

13.56

6

0.41

14.04

K1

KMDD0904

114.85

119.20

4.35

4.27

26.34

23

3.01

29.62

K2

KMDD0905

102.00

106.30

4.30

4.21

1.50

2

0.45

1.97

K1

KMDD0905

106.30

117.70

11.40

11.15

1.59

2

0.48

2.09

KL

KMDD0905

117.70

121.60

3.90

3.81

8.58

52

4.59

13.77

K2

KMDD0906

109.48

110.15

0.67

0.60

15.39

16

3.73

19.29

K1

KMDD0906

118.10

135.00

16.90

15.01

7.20

5

1.03

8.29

K2

KMDD0906

139.28

140.03

0.75

0.66

0.22

19

2.08

2.52

K2HW

KMDD0907

95.92

96.06

0.14

0.13

1.83

18

3.19

5.22

 

KMDD0907

98.20

98.50

0.30

0.27

1.31

34

7.28

8.96

K1FW

KMDD0907

106.60

107.74

1.14

1.03

10.57

11

1.15

11.84

K1

KMDD0907

118.00

129.92

11.92

10.82

4.47

6

1.20

5.74

K2

KMDD0907

150.07

150.37

0.30

0.27

1.23

52

7.81

9.62

K2HW

KMDD0907

156.67

157.12

0.45

0.41

0.39

10

3.22

3.71

K3

KMDD0908

113.00

114.30

1.30

1.09

1.63

4

1.28

2.96

K1

KMDD0908

127.20

134.05

6.85

5.71

7.95

12

0.75

8.83

K2

KMDD0908

134.05

142.00

7.95

6.63

1.00

3

1.07

2.10

KL

KMDD0908

168.20

172.00

3.80

3.16

0.35

12

0.93

1.43

K3

KMDD0909

192.00

193.70

1.70

0.84

1.80

5

0.08

1.93

 

KMDD0909

202.00

203.00

1.00

0.49

0.09

11

0.88

1.10

 

KMDD0909

217.90

220.35

2.45

1.19

7.55

49

2.10

10.23

 

KMDD0909

304.00

305.20

1.20

0.58

5.05

17

3.12

8.35

J1

KMDD0909

331.10

339.10

8.00

4.37

5.43

80

3.79

10.16

K1

KMDD0909

360.00

361.00

1.00

0.54

0.09

7

1.09

1.26

 

KMDD0910

117.80

118.15

0.35

0.27

0.95

8

4.83

5.85

K1FW

KMDD0910

129.00

130.00

1.00

0.77

1.29

1

0.01

1.31

 

KMDD0910

143.58

144.15

0.57

0.44

5.11

1

0.20

5.32

K1

KMDD0910

145.80

153.80

8.00

6.17

11.47

13

1.58

13.20

K2

KMDD0910

157.00

158.00

1.00

0.77

0.18

4

2.04

2.26

 

KMDD0910

170.40

172.10

1.70

1.31

2.80

112

3.94

8.07

K3

KMDD0911

126.66

126.93

0.27

0.23

38.20

190

0.33

40.81

K1

KMDD0911

141.43

148.45

7.02

5.95

4.79

11

1.62

6.54

K2

KMDD0911

163.58

163.95

0.37

0.31

1.35

51

4.26

6.20

K3

KMDD0912A

119.55

120.40

0.85

0.66

0.91

10

3.97

4.98

 

KMDD0912A

147.70

148.00

0.30

0.23

1.18

13

3.70

5.02

K1

KMDD0912A

156.70

163.00

6.30

4.91

2.88

6

1.22

4.16

K2

KMDD0912A

174.60

175.75

1.15

0.90

0.30

28

2.95

3.57

K3

KMDD0912A

190.00

190.20

0.20

0.16

0.79

21

4.74

5.76

 

KMDD0913

62.63

66.64

4.01

1.54

1.74

9

0.77

2.62

 

KMDD0913

300.00

303.00

3.00

1.35

0.53

3

0.06

0.62

 

KMDD0913

310.00

313.64

3.64

1.55

0.64

20

3.19

4.05

 

KMDD0913

334.00

344.75

10.75

4.98

0.61

10

1.63

2.35

J1

KMDD0913

351.25

365.00

13.75

7.35

2.76

17

2.45

5.41

K1

KMDD0913

474.14

477.00

2.86

1.35

0.25

10

0.22

0.58

K2

KMDD0914

108.80

112.00

3.20

3.16

0.21

2

0.73

0.96

 

KMDD0914

114.10

117.00

2.90

2.86

1.31

1

0.13

1.45

 

KMDD0914

122.50

126.00

3.50

3.45

2.26

2

0.19

2.46

K1

KMDD0914

143.30

154.00

10.70

10.56

9.97

41

0.36

10.83

K2

KMDD0914

155.50

160.00

4.50

4.44

1.30

35

0.87

2.58

K3

KMDD0915

185.70

206.20

20.50

16.19

13.00

16

0.84

14.04

K2

KMDD0916

191.40

192.78

1.38

0.90

6.10

3

0.42

6.55

K1

KMDD0916

198.20

201.40

3.20

2.10

6.20

9

0.38

6.69

KL2

KMDD0919

90.80

91.80

1.00

0.71

2.29

8

0.41

2.79

 

KMDD0919

100.30

103.94

3.64

2.60

0.62

7

0.61

1.31

K1

KMDD0919

113.90

131.24

17.34

12.36

0.69

4

0.48

1.21

KL

KMDD0919

157.00

158.40

1.40

1.00

1.20

5

0.06

1.32

K2

KMDD0921

94.89

96.00

1.11

0.86

0.23

14

0.73

1.12

KL

KMDD0921

102.60

106.00

3.40

2.62

0.94

5

0.55

1.54

KL

KMDD0921

122.00

123.00

1.00

0.77

10.88

0

0.01

10.89

KL

KMDD0923A

69.00

70.00

1.00

0.37

2.87

28

0.29

3.50

 

KMDD0923A

76.10

80.00

3.90

1.45

0.54

2

0.65

1.21

 

KMDD0923A

97.00

108.00

11.00

4.09

0.24

5

0.48

0.78

 

KMDD0923A

114.56

117.20

2.64

0.98

0.42

2

0.42

0.86

 

KMDD0923A

282.00

283.80

1.80

0.67

0.45

26

1.49

2.24

 

KMDD0923A

288.00

289.00

1.00

0.37

3.27

2

0.01

3.30

 

KMDD0923A

334.00

335.00

1.00

0.37

0.28

10

0.80

1.20

 

KMDD0923A

355.50

366.75

11.25

4.18

1.35

13

1.78

3.28

J1

KMDD0923A

370.20

376.00

5.80

2.16

1.54

10

2.25

3.90

K1

KMDD0923A

389.00

390.30

1.30

0.48

2.30

1

0.16

2.47

KL

KMDD0923A

461.60

463.90

2.30

0.85

0.33

7

0.51

0.93

K2

KMDD0923A

567.00

568.00

1.00

0.37

10.87

0

0.01

10.88

 

KMDD0932

56.70

57.70

1.00

0.81

0.55

8

0.57

1.21

 

KMDD0932

74.40

76.50

2.10

1.69

1.08

3

0.09

1.20

K1

KMDD0932

134.65

138.00

3.35

2.70

36.00

21

0.83

37.07

K2

KMDD0933

86.40

88.70

2.30

1.60

0.44

5

0.41

0.91

K1

KMDD0933

160.80

161.92

1.12

0.78

0.79

5

0.29

1.14

K2

KMDD0934

98.20

99.70

1.50

1.09

0.67

9

1.42

2.19

 

KMDD0934

103.00

104.30

1.30

0.94

10.09

6

1.21

11.36

K1

KMDD0934

108.60

111.00

2.40

1.74

0.12

7

2.28

2.47

 

KMDD0935

55.00

58.00

3.00

1.12

5.20

1

0.32

5.53

 

KMDD0935

80.30

93.75

13.45

5.04

1.74

16

0.21

2.14

K1

KMDD0936

60.30

62.65

2.35

0.68

1.25

10

1.18

2.55

 

KMDD0936

92.00

111.50

19.50

5.60

33.46

26

0.27

34.04

K1

KMDD0940

191.00

192.00

1.00

0.65

0.70

41

6.09

7.25

 

KMDD0940

202.00

204.00

2.00

1.30

0.04

4

0.79

0.88

 

KMDD0940

304.00

313.00

9.00

5.86

0.21

33

1.81

2.40

K1

KMDD0940

333.88

337.00

3.12

2.03

0.10

36

1.63

2.15

K2

KMDD0940

354.00

355.00

1.00

0.65

2.59

44

0.56

3.68

 

KMDD0940

371.00

372.30

1.30

0.85

1.31

0

0.01

1.33

 

KMDD0940

413.18

416.00

2.82

1.84

0.40

26

0.52

1.23

 

KMDD0943

94.58

97.15

2.57

2.00

2.17

8

1.10

3.35

K1

KMDD0943

102.72

104.50

1.78

1.38

0.30

4

1.33

1.67

 

KMDD0944

98.00

99.00

1.00

0.39

1.04

0

0.00

1.04

 

KMDD0944

117.95

118.46

0.51

0.20

1.36

2

0.02

1.40

J1S

KMDD0944

232.19

232.50

0.31

0.12

1.12

29

0.00

1.47

 

KMDD0944

286.60

293.40

6.80

2.66

5.28

42

0.43

6.21

J1

KMDD0944

296.60

297.17

0.57

0.22

0.67

16

0.50

1.36

 

KMDD0944

375.40

380.27

4.87

1.90

0.37

5

1.16

1.59

 

KMDD0944

399.00

411.40

12.40

4.85

2.32

18

1.58

4.11

K1

KMDD0944

547.74

548.21

0.47

0.18

0.31

41

2.48

3.27

 

KMDD0944

589.00

591.00

2.00

0.78

3.32

1

0.03

3.36

 

KMDD0944

596.81

597.26

0.45

0.18

0.25

7

0.83

1.16

 

KMDD0944

602.64

603.00

0.36

0.14

0.25

29

1.96

2.55

 

KMDD0944

614.00

615.00

1.00

0.39

0.13

20

0.47

0.84

 

KMDD0966

171.60

171.90

0.30

0.18

0.41

7

0.70

1.19

 

KMDD0966

202.10

204.15

2.05

1.21

1.20

18

0.57

1.98

 

KMDD0966

209.00

215.00

6.00

3.55

1.14

15

0.28

1.60

J1

KMDD0966

233.00

233.50

0.50

0.30

0.86

4

0.10

1.01

 

KMDD0966

238.00

239.00

1.00

0.59

1.96

11

0.63

2.72

 

KMDD0966

246.00

246.40

0.40

0.24

0.68

42

21.50

22.57

 

KMDD0966

257.00

261.60

4.60

2.72

0.83

4

0.31

1.19

 

KMDD0966

280.30

284.50

4.20

2.49

1.32

3

0.09

1.44

K1

KMDD0966

348.00

349.00

1.00

0.59

1.89

16

0.82

2.90

K2

KMDD0966

353.20

360.00

6.80

4.03

0.48

9

0.95

1.53

 

KMDD0966

387.50

388.00

0.50

0.30

1.75

1

0.15

1.91

K3

KMDD0976

162.87

164.40

1.53

1.02

1.50

25

3.96

5.74

K1

KMDD0976

194.10

199.50

5.40

3.60

8.17

11

1.25

9.55

K2

KMDD0976

203.00

204.80

1.80

1.20

0.81

11

0.07

1.01

 

KMDD0976

221.40

228.00

6.60

4.40

0.32

19

0.90

1.44

K3

KMDD0977

148.00

148.72

0.72

0.53

6.20

27

1.88

8.39

 

KMDD0977

162.64

180.83

18.19

13.49

10.40

8

1.21

11.70

K2

KMDD0977

185.30

188.30

3.00

2.22

0.69

5

1.48

2.22

 

KMDD0977

211.85

213.00

1.15

0.85

0.59

15

0.89

1.66

K3


Table 2
Kainantu Gold Mine – Significant Intercepts from Judd Underground Diamond Drilling

 

Hole ID

From (m)

To (m)

Interval (m)

True width (m)

Gold g/t

Silver g/t

Copper %

Gold Eq

Vein

JDD0295

181.85

186.20

4.35

2.87

2.12

2

0.31

2.45

J1

JDD0295

214.74

218.60

3.86

2.55

0.81

14

0.42

1.40

J1l

JDD0296

193.00

194.68

1.68

1.16

5.50

3

0.97

6.51

J1

JDD0296

219.00

232.90

13.90

9.91

7.03

40

0.98

8.49

J1L

JDD0296

237.48

238.25

0.77

0.55

6.28

224

0.50

9.47

 

JDD0296

242.80

243.10

0.30

0.22

2.46

61

0.58

3.77

 

JDD0296

247.83

248.16

0.33

0.24

0.15

64

6.52

7.40

 

JDD0297

110.90

125.00

14.10

11.83

0.95

9

0.57

1.63

J1

JDD0298

115.08

119.97

4.89

4.04

2.12

16

0.40

2.71

J1

JDD0299

110.50

110.70

0.20

0.17

0.13

15

3.30

3.59

 

JDD0299

123.55

123.83

0.28

0.25

1.30

5

0.16

1.52

 

JDD0299

128.50

131.50

3.00

2.64

5.67

6

0.45

6.19

J12

JDD0299

136.00

137.00

1.00

0.89

6.47

7

0.93

7.48

 

JDD0299

159.56

162.78

3.22

2.91

1.45

1

0.11

1.57

J1

JDD0299

170.27

170.50

0.23

0.21

0.31

24

2.03

2.62

 

JDD0299

174.21

178.22

4.01

3.66

1.22

9

0.52

1.85

J1L

JDD0300

122.46

125.80

3.34

2.81

1.15

2

0.33

1.50

 

JDD0300

135.34

138.92

3.58

3.03

2.03

11

0.50

2.65

J12

JDD0300

168.85

170.10

1.25

1.08

2.33

5

0.54

2.93

J1

JDD0300

175.90

182.40

6.50

5.63

2.95

26

1.19

4.45

J1L

JDD0301

175.40

179.00

3.60

2.95

2.28

6

0.57

2.91

J1

JDD0301

185.20

190.73

5.53

4.51

2.20

17

0.52

2.93

J1L

JDD0302

147.40

152.22

4.82

4.00

6.34

3

0.36

6.74

J1

JDD0302

177.00

177.85

0.85

0.70

4.00

10

1.48

5.59

J1L

JDD0303

64.00

73.00

9.00

6.71

12.43

14

0.23

12.82

J1

JDD0303

73.00

77.00

4.00

3.00

4.14

6

0.08

4.29

J1L

JDD0304

65.28

82.90

17.62

12.67

4.94

4

0.14

5.13

J1

JDD0304

91.90

94.00

2.10

1.51

66.26

79

0.24

67.46

J1L

JDD0305

58.40

60.00

1.60

1.31

26.98

1

0.12

27.11

J1

JDD0305

63.90

66.70

2.80

2.31

1.36

12

0.20

1.70

J1L

JDD0306

62.70

68.15

5.45

3.78

66.08

16

0.73

66.99

J1

JDD0306

83.00

88.30

5.30

3.70

81.25

219

1.56

85.44

J1L

JDD0306

100.17

100.55

0.38

0.27

1.00

21

0.42

1.67

 

JDD0307

56.70

58.35

1.65

1.16

183.17

79

1.68

185.79

J1

JDD0307

69.95

71.80

1.85

1.31

1.44

3

1.10

2.57

J1L

JDD0307

87.10

87.50

0.40

0.28

1.51

28

0.28

2.13

 

JDD0307

95.80

96.35

0.55

0.39

5.15

24

3.67

9.09

 

JDD0307

126.60

127.63

1.03

0.73

1.33

112

0.42

3.08

 

JDD0308

56.95

60.30

3.35

2.09

2.89

3

0.12

3.04

J1S2

JDD0308

88.30

91.67

3.37

2.11

5.78

2

0.29

6.09

J1

JDD0308

129.10

134.12

5.02

3.57

0.10

138

0.63

2.38

J1S

JDD0309A

113.70

114.20

0.50

0.47

0.46

10

0.34

0.92

J1

JDD0309A

151.23

152.00

0.77

0.72

5.24

22

1.16

6.66

J1N

JDD0313

76.45

79.17

2.72

2.24

24.34

7

0.13

24.55

J1

JDD0314

75.15

78.81

3.66

3.44

10.49

37

2.61

13.52

J1

JDD0314

137.20

141.42

4.22

4.02

1.28

3

0.21

1.53

J1S

JDD0315

66.45

70.35

3.90

3.75

0.43

3

0.10

0.56

J1

JDD0315

102.90

105.10

2.20

2.10

0.63

3

0.19

0.85

J1FW

JDD0316

172.70

174.60

1.90

0.63

0.30

226

5.33

8.32

J1

JDD0316

211.75

213.00

1.25

0.42

2.53

51

0.64

3.78

 

JDD0316

252.00

253.00

1.00

0.33

1.03

11

0.03

1.19

 

JDD0316

274.00

275.80

1.80

0.60

3.62

6

0.03

3.72

 

JDD0316

305.70

306.70

1.00

0.33

4.66

6

0.01

4.74

 

JDD0316

315.00

316.00

1.00

0.33

1.39

5

0.01

1.46

 

JDD0316

327.00

328.00

1.00

0.33

1.05

1

0.01

1.07

 

JDD0316

348.00

349.00

1.00

0.33

0.49

19

0.24

0.96

 

JDD0316

356.00

357.00

1.00

0.33

0.43

46

0.01

0.99

 

JDD0316

377.00

378.00

1.00

0.33

1.23

2

0.03

1.28

 

JDD0316

439.00

440.00

1.00

0.33

0.78

19

0.15

1.16

 

JDD0316

463.00

468.00

5.00

1.67

0.46

23

0.10

0.83

J1S

JDD0317

92.50

94.45

1.95

1.02

1.24

7

0.19

1.50

J1

JDD0317

117.34

121.70

4.36

2.40

1.80

8

0.15

2.05

J1N

JDD0317

132.17

134.53

2.36

1.30

45.70

63

4.49

50.93

J1FW

JDD0318

11.20

13.30

2.10

1.05

7.92

103

3.06

12.20

 

JDD0318

84.36

87.46

3.10

1.56

141.74

1

0.59

142.34

 

JDD0318

100.80

102.70

1.90

0.95

1.96

4

2.38

4.38

J1

JDD0318

116.50

117.90

1.40

0.70

0.76

23

0.79

1.82

J1S

JDD0319

83.23

86.80

3.57

2.04

3.40

5

1.62

5.08

J1S2

JDD0319

93.85

97.55

3.70

2.15

0.98

7

0.37

1.43

J1

JDD0319

123.85

126.20

2.35

1.43

1.31

9

0.12

1.54

 

JDD0319

129.90

138.90

9.00

5.51

2.00

17

0.50

2.70

J1FW

JDD0320

82.00

85.50

3.50

1.62

5.28

7

0.11

5.47

J1S

JDD0320

99.20

103.10

3.90

1.83

55.74

7

0.93

56.75

J1

JDD0321

84.57

92.00

7.43

4.45

45.87

40

0.84

47.19

J1S

JDD0321

73.95

75.60

1.65

0.99

6.62

5

0.52

7.19

J1

JDD0321

84.57

92.00

7.43

4.45

45.87

40

0.84

47.19

J1S

JDD0322

70.35

74.68

4.33

2.76

14.11

20

0.69

15.03

J1

JDD0323

66.00

82.12

16.12

10.01

14.22

1

0.15

14.38

J1

JDD0324

114.62

117.11

2.49

1.85

0.13

3

1.19

1.36

 

JDD0324

124.33

128.10

3.77

2.81

0.10

2

0.27

0.39

J1

JDD0324

133.60

143.16

9.56

7.12

0.75

10

0.31

1.18

 

JDD0325

130.20

133.00

2.80

2.20

4.07

27

1.40

5.79

J1

JDD0326

51.50

53.00

1.50

0.92

0.14

5

0.41

0.61

 

JDD0326

140.80

143.50

2.70

1.66

2.28

67

2.15

5.22

J1

JDD0327

126.12

127.80

1.68

1.31

4.44

21

0.35

5.04

J1

JDD0327

132.90

137.00

4.10

3.19

2.76

5

0.14

2.96

 

JDD0328

123.30

125.25

1.95

1.50

0.25

0

0.32

0.57

J1

JDD0328

140.00

141.10

1.10

0.85

1.39

13

0.36

1.91

J1S

JDD0329

118.00

121.80

3.80

2.92

1.19

8

0.22

1.51

 

JDD0329

131.70

135.20

3.50

2.69

1.11

24

0.58

1.97

J1

JDD0331

166.70

168.85

2.15

1.36

1.48

4

0.02

1.54

J1S

JDD0331

180.00

181.00

1.00

0.63

1.98

5

0.19

2.23

J1

JDD0332

127.00

128.00

1.00

0.68

22.71

3

0.33

23.08

 

JDD0332

163.53

168.76

5.23

3.54

3.06

2

0.34

3.42

 

JDD0333

39.00

41.00

2.00

1.65

0.16

5

0.49

0.71

 

JDD0355

157.83

166.00

8.17

4.83

0.42

4

0.18

0.64

J12

JDD0355

176.34

196.63

20.29

11.99

12.68

32

1.00

14.06

J1

JDD0355

210.21

220.20

9.99

5.90

4.44

8

0.25

4.78

JN

JDD0356

190.00

193.70

3.70

2.36

0.39

10

0.47

0.97

J1

JDD0356

196.90

204.00

7.10

4.53

4.60

4

0.19

4.83

J1N

JDD0358

175.84

179.92

4.08

2.71

0.99

20

0.35

1.57

J1

JDD0359

139.00

139.40

0.40

0.30

2.97

38

2.99

6.40

J1

JDD0360

162.28

165.33

3.05

2.11

12.77

120

1.28

15.48

J1

JDD0361

140.00

140.43

0.43

0.29

30.37

158

1.12

33.38

J12


Table 3
Kainantu Gold Mine – Collar Locations for Kora and Judd Underground Drilling

 

Hole ID

Collar location

 

Collar orientation

Lode

Local North

Local East

mRL

Dip

Local azimuth

EOH depth (m)

JDD0295

58586

29843

1357

32

71

231

Judd

JDD0296

58586

29843

1357

40

89

251

Judd

JDD0297

58690

29818

1136

-10

97

149

Judd

JDD0298

58689

29818

1136

-6

110

143

Judd

JDD0299

58585

29843

1356

21

110

182

Judd

JDD0300

58585

29843

1356

21

115

189

Judd

JDD0301

58585

29843

1356

26

113

201

Judd

JDD0302

58585

29843

1356

28

105

193

Judd

JDD0303

58648

29932

1382

14

59

92

Judd

JDD0304

58648

29931

1383

24

61

116

Judd

JDD0305

58648

29932

1382

18

71

74

Judd

JDD0306

58648

29932

1383

31

70

112

Judd

JDD0307

58646

29931

1383

37

98

130

Judd

JDD0308

58645

29931

1383

30

133

138

Judd

JDD0309A

59029

29888

1297

11

88

162

Judd

JDD0313

58888

29896

1177

1

61

252

Judd

JDD0314

58887

29896

1176

-32

98

275

Judd

JDD0315

29896

58887

1177

4

105

200

Judd

JDD0316

58025

29838

1224

-66

150

540

Judd

JDD0317

29932

58650

1383

23

47

165

Judd

JDD0318

58646

29931

1383

38

138

137

Judd

JDD0319

58649

29932

1383

57

35

149

Judd

JDD0320

58649

29932

1383

31

46

142

Judd

JDD0321

58649

29932

1383

20

52

101

Judd

JDD0322

58648

29932

1384

40

80

95

Judd

JDD0323

58647

29932

1383

39

116

92

Judd

JDD0324

58689

29818

1136

-31

117

153

Judd

JDD0325

58689

29818

1136

-7

121

160

Judd

JDD0326

58800

30013

904

27

230

185

Judd

JDD0327

58689

29818

1136

-18

120

143

Judd

JDD0328

58688

29818

1136

-34

100

151

Judd

JDD0329

58690

29818

1135

-30

81

157

Judd

JDD0331

58799

30013

902

-15

233

198

Judd

JDD0332

58690

29818

1136

-26

134

176

Judd

JDD0333

58801

30013

903

17

283

122

Judd

JDD0355

58973

29884

1319

39

70

231

Judd

JDD0356

58970

29883

1318

30

127

225

Judd

JDD0358

58971

29883

1318

32

119

197

Judd

JDD0359

29883

58971

1317

19

106

255

Judd

JDD0360

29883

58972

1318

35

99

200

Judd

JDD0361

58973

29884

1318

31

72

221

Judd

KMDD0856

58740

30025

902

-33

261

352

Kora

KMDD0857

58740

30025

902

-44

263

460

Kora

KMDD0858

58740

30026

902

-52

260

499

Kora

KMDD0867A

59399

29954

1208

31

274

171

Kora

KMDD0868

59400

29955

1208

35

246

101

Kora

KMDD0869

58195

29800

1224

32

323

101

Kora

KMDD0872

58192

29799

1223

4

276

67

Kora

KMDD0873

58190

29800

1225

37

236

80

Kora

KMDD0874

58190

29800

1222

-20

230

93

Kora

KMDD0875

58190

29800

1223

4

219

97

Kora

KMDD0876

58027

29832

1226

-52

293

150

Kora

KMDD0877

58028

29833

1226

-19

303

121

Kora

KMDD0878

58025

29833

1225

-23

209

167

Kora

KMDD0880A

58740

30026

903

-61

259

679

Kora

KMDD0881

58028

29833

1225

-41

323

231

Kora

KMDD0882

58644

29924

1382

15

218

280

Kora

KMDD0883

58644

29924

1381

3

220

237

Kora

KMDD0887

58621

30025

904

-45

266

420

Kora

KMDD0888

58025

29834

1224

-55

207

194

Kora

KMDD0889

59398

29954

1208

35

227

187

Kora

KMDD0890

58742

30026

300

-42

300

474

Kora

KMDD0891

58645

29924

1381

5

227

206

Kora

KMDD0892

58645

29924

1382

21

232

221

Kora

KMDD0893

58645

29923

1383

23

232

138

Kora

KMDD0894

58647

29924

1383

32

280

149

Kora

KMDD0895

58621

30026

904

-52

264

334

Kora

KMDD0896

58621

30026

904

58

266

678

Kora

KMDD0898

59401

29960

1206

-34

277

184

Kora

KMDD0899

59401

29954

1208

33

278

156

Kora

KMDD0900

59401

29954

1209

42

278

170

Kora

KMDD0901

58786

29920

982

10

297

150

Kora

KMDD0902

58785

29920

982

5

282

186

Kora

KMDD0903

58783

29920

983

17

236

200

Kora

KMDD0904

58647

29924

1382

18

272

135

Kora

KMDD0905

58646

29924

1382

7

264

135

Kora

KMDD0906

58647

29925

1382

28

256

150

Kora

KMDD0907

58646

29924

1382

12

251

168

Kora

KMDD0908

58645

29924

1383

26

246

182

Kora

KMDD0909

58617

30024

904

-41

243

431

Kora

KMDD0910

58645

29924

1383

24

237

208

Kora

KMDD0911

58645

29924

1382

12

238

193

Kora

KMDD0912A

58645

29923

1382

6

234

205

Kora

KMDD0913

58618

30025

905

-51

245

501

Kora

KMDD0914

58783

29920

982

13

272

176

kora

KMDD0915

58783

29920

982

15

238

236

Kora

KMDD0916

58779

29920

982

10

231

201

Kora

KMDD0919

59400

29954

1209

40

261

166

Kora

KMDD0921

59400

29954

1208

30

261

158

Kora

KMDD0923A

58618

30025

904

-57

246

608

Kora

KMDD0932

59401

29954

1206

-14

269

156

Kora

KMDD0933

59400

29954

1206

-32

260

190

Kora

KMDD0934

59400

29954

1208

28

247

158

Kora

KMDD0935

58973

29876

1317

24

344

139

Kora

KMDD0936

58973

29876

1317

18

350

194

Kora

KMDD0940

58617

30025

905

-26

243

437

Kora

KMDD0943

59400

29954

1208

27

259

153

Kora

KMDD0944

58378

30013

910

-59

261

657

Kora

KMDD0966

59106

30051

889

-38

249

411

Kora

KMDD0976

58586

29955

1396

30

239

254

Kora

KMDD0977

58587

29955

1396

36

262

236

Kora


Table 4
Kora and Judd Mineral Resource Estimate (Effective Date September 12, 2023, 3 g/t AuEq cut-off)

 

 

Tonnes

Gold

Silver

Copper

AuEq

 

Mt

g/t

moz

g/t

moz

%

kt

g/t

moz

Kora

 

 

 

 

 

 

 

 

 

Measured

3.7

8.74

1.0

20.5

2.5

1.21

45.0

10.96

1.3

Indicated

3.1

6.99

0.7

21.9

2.2

1.31

41.3

9.40

1.0

Total M&I

6.9

7.94

1.8

21.1

4.7

1.25

86.2

10.24

2.3

Inferred

14.3

5.60

2.6

28.7

13.2

1.62

231.2

8.60

3.9

 

 

 

 

 

 

 

 

 

 

Judd

 

 

 

 

 

 

 

 

 

Measured

0.4

9.05

0.12

19.0

0.25

0.80

3.2

10.58

0.14

Indicated

0.8

6.37

0.17

15.6

0.42

0.73

6.2

7.76

0.21

Total M&I

1.2

7.24

0.29

16.7

0.67

0.75

9.4

8.68

0.35

Inferred

2.3

6.27

0.45

15.8

1.15

0.76

17.2

7.72

0.56

 

 

 

 

 

 

 

 

 

 

Kora and Judd

 

 

 

 

 

 

 

 

 

Measured

4.1

8.77

1.2

20.4

2.7

1.17

48.2

10.92

1.5

Indicated

4.0

6.86

0.9

20.6

2.6

1.19

47.4

9.05

1.2

Total M&I

8.1

7.83

2.0

20.5

5.3

1.18

95.6

10.00

2.6

Inferred

16.5

5.69

3.0

27.0

14.3

1.50

248.3

8.48

4.5

  • 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

Figure 1 - K1 Vein Long Section


Figure 2 – K2 Vein Long Section

Figure 2 - K2 Vein Long Section


Figure 3 – J1 Vein Long Section

Figure 3 - J1 Vein Long Section


  

Figure 4 – Kora-Irumafimpa Long Section

Figure 4 - Kora-Irumafimpa Long Section


Figure 5 – Judd Long Section

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.

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.

Figure 7 – KMDD0893 Core Photograph


 

Photos accompanying this announcement are available at:

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https://www.globenewswire.com/NewsRoom/AttachmentNg/d0c7b108-d78e-4453-89d1-a74c62a2e894

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