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K92 Mining Announces Filing of Technical Report for Updated Kora Resource Estimate and Maiden Judd Resource Estimate
VANCOUVER, British Columbia, April 04, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a
About this update from K92 Mining, Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, April 04, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that it has filed a technical report (the “Technical Report”) containing an updated resource estimate on the Kora gold deposit and a maiden resource estimate on the Judd deposit, in Papua New Guinea. The Technical Report, titled, “Independent Technical Report Mineral Resource Estimate Update Kora and Judd Gold Deposits, Kainantu Project, Papua New Guinea” dated March 31, 2022, with an effective date of January 20, 2022, was prepared by Andrew Kohler (Geol), PGCert (Geostatistics), MAIG, Simon Tear BSc (Hons), EurGeol, PGeo IGI, EurGeol, and Anthony Woodward BSc (Hons), M.Sc., MAIG. Refer to the Company’s news release dated February 23, 2022, for a summary of the key results, assumptions and estimates contained in the Technical Report. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and is available under the Company’s SEDAR profile (www.sedar.com) and on the K92 website at www.k92mining.com. About K92 K92 Mining Inc. is engaged in the production of gold, copper and silver from the Kora and Judd deposits 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 and is in a strong financial position. The Company commenced an expansion of the mine based on an updated Preliminary Economic Assessment on the property which was published in January 2019 and updated in July 2020. 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 at +1-604-416-4445 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factor...