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K92 Mining Announces Latest High-Grade Drill Results at Kora, Including 3.0 m at 71.64 g/t AuEq & 5.35 m at 37.98 g/t AuEq
Drill Hole KMDD0286 records multiple intersections including 3.00 m at 71.64 g/t gold equivalent (“AuEq”)(1) or 71.22 g/t Au, 14 g/t Ag and 0.17% Cu from the K1
About this update from K92 Mining, Inc.
[{"type":"text","content":" Drill Hole KMDD0286 records multiple intersections including 3.00 m at 71.64 g/t gold equivalent (“AuEq”)(1) or 71.22 g/t Au, 14 g/t Ag and 0.17% Cu from the K1 Vein and 2.90 m at 12.75 g/t AuEq or 11.71 g/t Au, 13 g/t Ag and 0.61% Cu at the K2 Vein. Drill Hole KMDD0292 records multiple intersections including 5.35 m at 37.98 g/t AuEq or 37.56 g/t Au, 4 g/t Ag and 0.26% Cu from the K1 Vein. Drill Hole KMDD0339 records multiple intersections including 6.30 m at 32.11 g/t AuEq or 24.86 g/t Au, 74 g/t Ag and 4.44% Cu from the K2 Vein. Drill Hole KMDD0304 records multiple intersections including 4.46 m at 34.64 g/t AuEq or 33.77 g/t Au, 14 g/t Ag and 0.48% Cu from the K2 Vein and 15.82 m at 10.08 g/t AuEq or 9.30 g/t Au, 6 g/t Ag and 0.49% Cu from the K1 Vein. Drill Hole KMDD0341 records multiple intersections including 2.40 m at 30.04 g/t AuEq or 19.11 g/t Au, 82 g/t Ag and 6.97% Cu from the K2 Vein. Drill Hole KMDD0337 records multiple intersections, including 7.20 m at 21.89 g/t AuEq or 16.05 g/t Au, 92 g/t Ag and 3.28% Cu from the K2 Vein. Drill Hole KMDD0296 records multiple intersections, including 8.93 m at 23.04 g/t AuEq or 22.75 g/t Au, 4 g/t Ag and 0.17% Cu from the K1 Vein. (1) Gold equivalent (AuEq) exploration results are calculated using longer term commodity prices with a copper price of US$3.30/lb, a silver price of US$21/oz and a gold price of US$1,600/oz. VANCOUVER, British Columbia, July 22, 2021 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce results from the ongoing diamond drilling of the Kora deposit at the Kainantu gold mine in Papua New Guinea. The results for the latest 43 diamond drill holes completed from underground into the Kora deposit are summarized in Table 1 below. The results continue to demonstrate the high-grade and continuity of Kora, with intersections largely focused on increasing drill density up-dip, down-dip and to the south to upgrade resources for the Stage 3 Expansion Feasibility Study. Results also include some step out drilling to the south outside of the existing resource envelope. From the drilling results, all drill holes intersected mineralization, with 9 intersections exceeding 20 g/t AuEq, 20 intersections exceeding 10 g/t AuEq and 45 intersections exceeding 5 g/t AuEq. Drilling to the south has continued to record hig...