K92 Mining Announces Strong Q2 Production Results - 34,816 oz AuEq Produced, and Commenced Commissioning of 1.2 Mtpa Stage 3 Process Plant in June

About this update from K92 Mining, Inc.

[{"type":"text","content":"K92 Mining Announces Strong Q2 Production Results – 34,816 oz AuEq Produced, and Commenced Commissioning of 1.2 Mtpa Stage 3 Process Plant in June\n\n\n\n VANCOUVER, British Columbia, July 08, 2025 (GLOBE NEWSWIRE) --\n \n K92 Mining Inc\n \n . (“\n \n K92\n \n ” or the “\n \n Company\n \n ”) (TSX\n \n : KNT;\n \n OTCQX\n \n : KNTNF)\n \n is pleased to announce production results for the second quarter (“\n \n Q2\n \n ”) of 2025 from its Kainantu Gold Mine in Papua New Guinea.\n \n\n\n\n Q2 2025 Production Results\n \n\n\n\n\n\n Strong quarterly production of 34,816 ounces gold equivalent (“AuEq”)\n \n\n\n (1)\n \n\n\n or 32,375 oz gold, 1,536,505 lbs copper and 42,824 oz silver, representing a 43% increase from Q2 2024. Quarterly sales of 28,864 oz gold, 1,275,176 lbs copper and 34,532\n \n\n oz silver. With 82,633 oz AuEq produced during the first six months of 2025, which is ahead of budget, and the second half forecasted to be the strongest, as outlined in our 2025 Operational Outlook (see\n \n\n\n January 23, 2025 press release\n \n\n\n ), the Company re-iterates its annual operational production guidance of 160,000 to 185,000 oz AuEq.\n \n\n\n\n\n\n Quarterly ore processed of 130,337 tonnes, a 36% and 26% increase from Q2 2024 and Q1 2025, respectively, with a head grade of 8.9 grams per tonne (“g/t”) AuEq, or 8.3 g/t gold, 0.55% copper and 12.1 g/t silver.\n \n\n\n\n\n\n Strong metallurgical recoveries in Q2 of 93.3% for gold and 94.9% for copper. The process plant has now delivered four consecutive quarters exceeding the updated definitive feasibility study (“Updated DFS”) recovery parameters for both gold (92.6%) and copper (94.2%) (January 1, 2024 effective date).\n \n\n\n\n\n\n Ore mined of 133,063 tonnes, with mining activity across 13 levels, including the 1090, 1110, 1305, 1325, 1345, and 1365 levels at Kora, and the 970, 990, 1170, 1325, 1345, 1365 and 1385 levels at Judd – long hole open stoping performed to design. Total material movements (ore plus waste) totaled 338,696 tonnes and total mine development was 2,466 metres. During the quarter, total material movements were the second highest on record, even though Stage 3 Expansion electrical commissioning works resulted in a cumulative 5 days of disruptions to the u...

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