K92 Mining, Inc. · TSX:KNT
K92 Mining — Investor Presentation (January 2025)
66 slides from K92 Mining's investor presentation, January 2025
Slide 1: Investor Presentation January 2025
2021 THAYER LINDSLEY AWARD (BEST GLOBAL DISCOVERY) INVESTOR PRESENTATION • January 2025 K1 Vein, Kora Deposit Kainantu Gold Mine Papua New Guinea
Slide 2: Forward-Looking and Cautionary Statements
Forward-Looking and Cautionary Statements This Presentation is being provided for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any offer to purchase or subscribe for any securities of K92 Mini
Slide 3: K92 Mining – A Unique Opportunity
K92 Mining – A Unique Opportunity ✓ Rapid Fully Funded Production Growth AuEq Production & Outlook • Stage 2 expansion completed in late 3Q 2021 to 400,000 tpa 414 • Stage 2A expansion final plant commissioning completed in May/2023 to 500,000 tpa (plant exceeding design, capable of operating at +60
Slide 4: Corporate Structure
Corporate Structure May 25th, 2016 Institutional shareholders include (and not limited to): Symbol TSX: KNT, OTCQX: KNTNF, Germany: 92K Avg Daily Volume (12m avg) 0.7 million • AGF • Donald Smith & Co • Ninety One Capital Structure (as at Sept/30/2024) • ALPS Advisors • Earth Resource Investments •
Slide 5: +5moz AuEq Resource, High-Grade Assets
+5mozAuEq Resource, High-Grade Assets (N. America, Australia & Europe Primary Listing) Producer Developer Resource Underground Assets (1) (3) Cut-Off Grade Resource Grade (8 at +6.5g/t) (2) (3) Resource 0.8 g/t 1.2 g/t 0.9 - 0.5 g/t 1.0 g/t 1.0 - 0.6 g/t 2.3 - 2.0 g/t 0.7 g/t 3.5 - 2.0 g/t 3.2 - 2.5
Slide 6: Delivering Sustainable Value For the Prosperity of Papua New Guinea
Delivering Sustainable Value For the Prosperity of Papua New Guinea At K92, we have a strong focus on the prosperity and development of PNG and our host communities through responsible mining practices. We are proud that we: ▪ Currently employ +1,900 people (employees & contractors) with ~94% of tot
Slide 7: 2030 GHG Emissions Reduction Target
2030 GHG Emissions Reduction Target 40% lower carbon intensity compared to global average K92 has set a target to reduce Scope 1 and Scope 2 emissions by 25% on a business-as-usual basis by 2030 Kainantu is already one of the lowest-emissions gold mines globally And we are committed to further impro
Slide 8: Delivering On Our 2030 GHG Emissions Reduction Target
Delivering On Our 2030 GHG Emissions Reduction Target Enhancing access to hydropower from the local grid, combined with other reduction measures, represents a clear pathway to improving our energy and GHG emissions profile and achieving our 2030 target Aerial of Yonki Dam reservoir, which is the pri
Slide 9: Kainantu Gold Mine – Location
Kainantu Gold Mine – Location Lowlands PNG, ‘Elephant Country’ Geology and Excellent Infrastructure TSX: KNT Nearby hydropower, highway, airstrip & port OTCQX: KNTNF 9
Slide 10: Kainantu Mine Overview
Kainantu Mine Overview Kainantu Mine Key Facts • Producing high-grade, underground mine • K92 restarted operation in Oct/2016 • Fully mechanized • Employing +1,900 people, ~95% PNG nationals • Mining Lease renewed (next renewal date June 2034) • Located in Eastern Highlands Province, PNG • ~830 km2
Slide 11: Kainantu Mine Geology – May 2017 (Kora North Discovery)
Kainantu Mine Geology – May 2017 (Kora North Discovery) TSX: KNT OTCQX: KNTNF 11
Slide 12: Kora, Judd & Irumafimpa Deposit Long Section – Oct/2021
Kora, Judd & Irumafimpa Deposit Long Section – Oct/2021 (Kora) / Dec/2021 (Judd) TSX: KNT OTCQX: KNTNF 12
Slide 13: Kora, Judd and Irumafimpa Deposit Long Section – September 2023
Kora, Judd and Irumafimpa Deposit Long Section – September 2023 TSX: KNT OTCQX: KNTNF 13
Slide 14: Efficient and Systematic Exploration – Kora and Judd
Efficient and Systematic Exploration – Kora and Judd M&I – Kora and Judd (moz AuEq) Inferred – Kora and Judd (moz AuEq) Total – Kora and Judd (moz AuEq) (1) M&I Inferred Production Depletion 7.4 moz 0.3 moz 9.2 g/t 2.5 moz 8.7 g/t 4.9 moz 4.5 moz 8.5 g/t 2.6 moz 9.1 g/t 2.6 moz 2.3 moz 10.0 g/t 9.3
Slide 15: Operational Performance – Since Commercial Production
Operational Performance – Since Commercial Production AuEq Production (koz), Cash Cost ($/oz Au) and AISC ($/oz Au) Significant Portion of Sustaining Capex is for Upcoming Expansions 60koz Cash Cost (Au) AISC (Au) $1,506 $1,510 53koz 50koz $1,366 $1,300 39koz 44koz 31koz 40koz $1,038 $1,057 36koz 33
Slide 16: Kainantu Mine Execution
1Q19 27kt 2Q19 38kt 3Q19 32kt 4Q19 30kt 1Q20 47kt 2Q20 49kt 3Q20 65kt 4Q20 69kt TSX: KNT 1Q21 73kt 2Q21 76kt 3Q21 88kt OTCQX: KNTNF 4Q21 100kt 1Q22 100kt 2Q22 109kt 3Q22 118kt 4Q22 122kt 1Q23 118kt 2Q23 112kt 3Q23 121kt Total Ore Processed (kt) 4Q23 152kt 1Q24 131kt 2Q24 96kt 3Q24 105kt 4Q24 97kt 1Q
Slide 17: Development Ramp-Up Key Enablers
Development Ramp-Up Key Enablers Multiple Key Enablers To Increase Lateral Development: Power Upgrade 3.0x Interim Water Management Upgrade - Stage 1 Complete, Stage 2 Upgrade Underway (Targeting January Completion) 1.8x Significant increase in number of available headings - Multi Heading Jumbos 250
Slide 18: Process Plant Achieved Stage 2A Expansion Throughput
Process Plant Achieved Stage 2A Expansion Throughput 2,330 tpd 2,389 tpd 2,320 tpd 2,244 tpd 2,149 tpd 2,173 tpd 2,076 tpd 2,081 tpd 2,097 tpd 2,101 tpd 2,111 tpd 2,024 tpd 2,034 tpd 1,843 tpd 1,644 tpd 1,436 tpd 1,370 tpd Stage 2A Run- Upgraded 1Q24 Jan 2024 7-day 4Q23 Daily Jan 20, 2024* Feb 20, F
Slide 19: Strong Recoveries Exceeding Study Parameters
Strong Recoveries Exceeding Study Parameters Gold Copper 97.1% 96.1% 96.4% 95.3% 95.1% 95.3% 94.7% 94.2% 94.1% 94.6% 93.7% 92.6% 91.9% 90.7% 1Q24 Updated 2Q24 3Q24 4Q24 Dec '24 2024 Average 1Q24 Updated 2Q24 3Q24 4Q24 Dec '24 2024 Average Integrated Integrated Development Development Plan (IDP) Plan
Slide 20: Systematically Executing and Delivering to Become a Tier 1 Mid-Tier Producer
Systematically Executing and Delivering to Become a Tier 1 Mid-Tier Producer Start of Commissioning Targeting Second Half Q2 2025 4Q 2020 2Q 2023 Targeting 2H 2027 Stage 3 Stage 4 Stage 2 Stage 2A 1.2 Mtpa 303 koz AuEq pa 1.8 Mtpa 400,000 tpa 500,000 tpa Low Capex Upgrades to Low Capex Upgrades to N
Slide 21: Fully-Funded, Financial Position Strong & Build Cash Flow Price Protected
Fully-Funded, Financial Position Strong & Build Cash Flow Price Protected Strong Cash Balance • $120 million plus $20 million of restricted cash (as at Sept 30, 2024) that comes unrestricted/available January 1, 2025 Significant Available Liquidity From Credit Facilities • $60 million of undrawn cre
Slide 22: Updated IDP Highlights – Kainantu is a Tier 1 Asset
Updated IDP Highlights – Kainantu is a Tier 1 Asset Stage 3 DFS Stage 4 PEA • 100% Throughput Increase from 600 ktpa Stage 2A Plant - • 200% Throughput Increase from 600 ktpa Stage 2A Plant New Standalone 1.2 mtpa Stage 3 Plant to 1.8 mtpa (Stage 3 & 2A Plants Both Operating) • After-Tax NPV5% of $6
Slide 23: Comparison to Prior/2022 IDP – Major Improvement in Economics
Comparison to Prior/2022 IDP – Major Improvement in Economics Stage 3 DFS Stage 4 PEA Prior IDP Updated IDP Prior IDP Updated IDP Start Year (Beginning of Year) 2022 2 yrs 2024 Start Year (Beginning of Year) 2022 2 yrs 2024 +16% $680m at $1,900/oz +73% $2.3b at $1,900/oz After-Tax NPV5%(1,2) $586m a
Slide 24: Life of Mine Plan Material Movement Schedule
Life of Mine Plan Material Movement Schedule Mill Feed Material Movement (kt) and Head Grade (g/t AuEq) Processed Tonnage (kt) Head Grade - AuEq (g/t AuEq) Conversion of Inferred & Exploration Focused on Maintaining 1,200kt 1,200kt 1,200kt 13.72 and Growing Peak Throughput 473kt 1,001kt 800kt Stage
Slide 25: Cash Costs and AISC Breakdown
Cash Costs and AISC Breakdown DFS Costs (Co-Product) PEA Costs (Co-Product) $3/oz $3/oz $224/oz $187/oz $54/oz $54/oz $130/oz $129/oz $152/oz $920/oz $822/oz $108/oz $80/oz $77/oz $279/oz $265/oz Mining Processing G&A Royalties, Refining, Sustaining Accretion AISC Mining Processing G&A Royalties, Re
Slide 26: Significant Upcoming Reduction in Operating Costs – Mining
Significant Upcoming Reduction in Operating Costs – Mining Mining Costs (US$/tonne) Multiple Drivers to Lower Mining Cost Per Tonne From the Expansions: Significant Increase in Ore Tonnes to Drive Economies of Scale Significant Reduction in Waste Tonnes Mined Significant Upgrade in Infrastructure to
Slide 27: Near-Term Mine Transformation – Major Infrastructure Upgrades
Near-Term Mine Transformation – Major Infrastructure Upgrades Kora-Irumafimpa Planned Twin Incline and Development Long Section (Looking West) 1 Twin Incline Scope: High Speed 2.9km twin incline, capable of +5 mtpa with conveyors Status: Effectively Complete Impact: Transforms material handling effi
Slide 28: Rapid Ore Transport - Twin Incline Effectively Complete
Rapid Ore Transport - Twin Incline Effectively Complete Existing Incline to Main Mine New Twin Incline (#2) Under Development Transported 1 mt (waste & ore) in 2022 High Speed, Large Travel way, Gradual Gradient 6.5 metres 4.5 metres The Twin Inclines Are Effectively An Underground Expressway Capabl
Slide 29: Ore Pass System – Raise Bore Rigs Operational
Ore Pass System – Raise Bore Rigs Operational Underground raise bore site setup Reaming of First Raise (5m diameter) completed to upgrade Ventilation to Main Mine Raise Bore Currently Developing First Waste/Ore Pass Connecting Main Mine to Twin Incline to drive significant productivity increase in m
Slide 30: Near-Term Mine Transformation
Near-Term Mine Transformation Kora-Irumafimpa Long Section (Looking West) 1 Current Mining Front (Kora and Judd) 2 Current Status: Developing First Sublevel To Access Ore 3 Current Status: Inclining to Establish New Mining Front 4 2026: New Mining Front Once Pastefill Online There was Effectively On
Slide 31: Significant Upcoming Reduction in Operating Costs – G&A
Significant Upcoming Reduction in Operating Costs – G&A G&A Costs (US$/tonne)(1) Drivers to Lower G&A Cost Per Tonne with Expansions: From 2024 to Stage 4 Run-Rate, G&A costs in USD millions increases ~27% while throughput increases ~285% = significant economies of scale and reduction in G&A cost pe
Slide 32: Operating Costs – Processing
Operating Costs – Processing Processing Costs (US$/tonne) Multiple Drivers to Lower Processing Cost Per Tonne Stage 2A Process Plant Stage 3 Process Plant + with Expansions: Stage 2A Process Plant +3.8x Throughput Increase from 2024 to Stage 4 Expansion Run-Rate = Economies of Scale New, modern proc
Slide 33: Operating Costs – Summary
Operating Costs – Summary Total Unit Costs (US$/tonne)(1,2) Key Points • Unit costs are elevated in the short term through elevated waste and ore development in addition to additional overheads ahead of the Stage 3 and 4 Expansions that transform Kainantu into a Tier 1, mid-tier gold mine • Costs ar
Slide 34: Setting Up the Mine to Deliver the Expansions
Setting Up the Mine to Deliver the Expansions Tonnage (t) and Production (koz AuEq) Once Stage 3 and 4 are online, total material mined increases slightly from 2024 (Stage 3 DFS: +32%, Stage 4 PEA: +117%) while AuEq Production is multiples greater PLUS the benefit of the major infrastructure upgrade
Slide 35: Capital Costs – Remain closely aligned with Operational Guidance
Capital Costs – Remain closely aligned with Operational Guidance DFS Capital Costs PEA Capital Costs Power Station Electrical River Crossing Power Station Electrical OHPL River Crossing OHPL 6% Infrastructure Upgrade 5% Infrastructure 1% Upgrade 1% 4% 7% 4% Maintenance Facilities 7% Maintenance Past
Slide 36: Life of Mine Plan Production Schedule
Life of Mine Plan Production Schedule Production Profile (koz AuEq) and AISC Co-Product (US$/oz AuEq) Production (koz AuEq) AISC (US$/oz AuEq) - Co-Product Conversion of Inferred & Exploration Focused on Maintaining 179koz 319koz 303koz 225koz 287koz and Growing Peak Production $1,609 Stage 3 DFS $1
Slide 37: Life of Mine Plan After-Tax Cash Flow Estimates ($1,900/oz)
Life of Mine Plan After-Tax Cash Flow Estimates ($1,900/oz, $4.5/lb Cu, $25/oz Ag) After-Tax Free Cash Flows (US$m) Conversion of Inferred & Exploration Focused on Maintaining $247m $252m and Growing Peak Cash Flows $219m $147m $116m Stage 3 DFS ($14m) ($98m) 2024 2025 2026 2027 2028 2029 2030 2031
Slide 38: Life of Mine Plan After-Tax Cash Flow Estimates ($2,600/oz)
Life of Mine Plan After-Tax Cash Flow Estimates ($2,600/oz, $4.5/lb Cu, $31/oz Ag) After-Tax Free Cash Flows (US$m) Conversion of Inferred & Exploration Focused on Maintaining $365m $362m and Growing Peak Cash Flows $309m $238m Stage 3 DFS $166m $58m ($48m) 2024 2025 2026 2027 2028 2029 2030 2031 20
Slide 39: Gold Price Sensitivity Analysis
Gold Price Sensitivity Analysis After Tax Net Present Value5% – Sensitivity Analysis $1,501m $1,296m $1,091m Stage 3 DFS $886m $680m $475m $1,600 / oz Au $1,900 / oz Au $2,200 / oz Au $2,500 / oz Au $2,800 / oz Au $3,100 / oz Au $4,309m $3,806m $3,302m Stage 4 PEA $2,798m $2,295m $1,791m $1,600 / oz
Slide 40: Process Plant Construction Rapidly Advancing
Process Plant Construction Rapidly Advancing Long Lead Items Structural and Mechanical Steelwork Construction of the process plant is rapidly advancing with all long-lead TSX: KNT OTCQX: KNTNF items having already arrived on site 40
Slide 41: Construction Rapidly Advancing
Construction Rapidly Advancing SAG & Ball Mills Flotation Circuit Primary Crusher Tailings Thickener Surge Bin & Reclaim SAG & Ball Mills Construction is most advanced at the grinding circuit (SAG + Ball), which is TSX: KNT the critical path for the mill construction schedule OTCQX: KNTNF 41
Slide 42: Ancillary Construction Projects Progressing Well
Ancillary Construction Projects Progressing Well Interim Power Station - Complete Construction Underway for New Warehouse Facilities Construction works on multiple ancillary packages is rapidly progressing TSX: KNT OTCQX: KNTNF 42
Slide 43: Stage 3 Expansion Update – All Paste Fill Plant Long Lead Items Ordered
Stage 3 Expansion Update – All Paste Fill Plant Long Lead Items Ordered Underground Paste Plant Surface Storage System Near Portal Tailings Filtration Plant Paste Fill Plant Front End Engineering and Design Complete, Detailed Engineering and Design Contract Awarded to GR Engineering, All Paste Fill
Slide 44: Multiple High Priority Near-Mine Targets
Multiple High Priority Near-Mine Targets Multiple High Priority Near-Mine Vein and Porphyry Targets Airborne Geophysics and Target Locations Kora & Kora Deeps (Vein) 1 • Kora open to depth and along strike Kora South & Judd South (Vein) 2 • • Structure extends +1km beyond mining lease Outcrop and hi
Slide 45: Exploration Target: Kora, Kora South & Kora Deeps
Exploration Target: Kora, Kora South & Kora Deeps Multiple Highly Prospective Exploration Fronts Being Drilled Concurrently Kora South from Surface, Kora Deeps Underway from TSX: KNT OTCQX: KNTNF Twin Incline and Kora South Underway from 1205 Level Drill Drive 45
Slide 46: Judd and Judd South Vein System is Very Underexplored
Judd and Judd South Vein System is Very Underexplored Judd is Sparsely Drilled, Has at Least 4 Known Veins and Open in All Directions Significant Amount of Drilling Completed Since the Judd Resource and TSX: KNT OTCQX: KNTNF Drill Defined Strike Length has Increased +130% Since End of 2021 46
Slide 47: Latest Drilling Results Kora-Kora South – K2 Vein
Latest Drilling Results Kora-Kora South – K2 Vein (December 3, 2024) Key Facts • All holes intersected mineralization • New dilatant zone identified in a previously sparsely drilled area interpreted to be narrow vein near the twin incline, demonstrating a large strike length of ~100m and potential f
Slide 48: Latest Drilling Results Kora-Kora South – K1 Vein
Latest Drilling Results Kora-Kora South – K1 Vein (December 3, 2024) Key Facts • All holes intersected mineralization • Drilling in the same area as the K2 Vein dilatant zone also identified a new dilatant zone in the K1 Vein, with a recorded strike length of approximately 60m. This zone is proximal
Slide 49: Latest Drilling Results Kora-Kora South – K1 & K2 Vein Plan View
Latest Drilling Results Kora-Kora South – K1 & K2 Vein Plan View Key Facts • The dilatant zones identified are the first to be drilled with significant drill density, demonstrating large interpreted strike lengths of approximately 60m in K1 and approximately 100m in K2, providing high potential for
Slide 50: Latest Drilling Results Judd-Judd South – J1 Vein
Latest Drilling Results Judd-Judd South – J1 Vein (December 3, 2024) Key Facts • All holes intersected mineralization • Multiple +1 ounce per tonne intersections recorded at Judd, expanding high-grade zone up-dip at significantly higher grade than 2023 resource model: • JDD0251 - 5.00 m at 178.59 g/
Slide 51: Copper Grade Tenor Increasing to the South towards A1 Porphyry
Copper Grade Tenor Increasing to the South towards A1 Porphyry K2 Vein Copper Grade (%) Long-Section (Looking West)(1) TSX: KNT OTCQX: KNTNF Kora South/Judd South Drill Drive Well Established for Step-Out Drilling Note (1): Data as at December 3, 2024 press release. 51
Slide 52: High Priority Exploration Targets: Arakompa and Maniape
High Priority Exploration Targets: Arakompa and Maniape Arakompa and Maniape Veins Key Facts • Arakompa – Sparsely drilled, open along strike, at depth and along its width • Located ~4.5km from Kainantu process plant, with similar mineralization to the producing high grade Kora and Judd vein systems
Slide 53: First Program at Arakompa in 32 Years Deliver Significant Results
First Program at Arakompa in 32 Years Deliver Significant Results Arakompa Key Facts • Total of 30 holes reported by K92’s maiden drill program to date. The latest results (total of 19 holes) reported on October 22, 2024, with highlights: • Discovery of potential thick grade zone from two drill hole
Slide 54: Arakompa is a Growing Very Rapidly
Arakompa is a Growing Very Rapidly Feb 2024 (2 Holes Reported) June 2024 (11 Holes Reported) Oct 2024 (30 Holes Reported) 9 New 19 New Holes Holes Reported Reported TSX: KNT Arakompa is rapidly & efficiently growing. Only ~40% of strike has been tested OTCQX: KNTNF 54
Slide 55: Arakompa is a Very Large and High Potential Target
Arakompa is a Very Large and High Potential Target Arakompa Target is Very Large: +1.7km Strike, +500m Vertical and 150-225m Wide Corridor TSX: KNT OTCQX: KNTNF Open Along Strike, Depth and Width 55
Slide 56: Arakompa Drill Program Rapidly Expanding – 4x Drill Rig Increase
Arakompa Drill Program Rapidly Expanding – 4x Drill Rig Increase Year to Date Kainantu Gold Mine Process Plant and Accommodation Facilities Area Driven by the Outstanding Drill Results to Date the Number of Rigs has Increased from 1 at Beginning of the Year to Now Up To 4 Rigs Operating in Since Q3
Slide 57: Airborne Geophysics Identifies Many New Targets
Airborne Geophysics Identifies Many New Targets Key Facts • Advanced MobileMT deep penetrating airborne geophysics flown over the entire ~830 km2 land package • First major geophysics program completed on property in +10 years • Results demonstrate an extensive untested potential strike length to Ko
Slide 58: Exploration Targets Summary
Exploration Targets Summary Porphyry Targets / Deposits High Grade Vein System Targets / Deposits • Tankaunan • Irumafimpa Extension • Kokofimpa (Kokomo) • Timpa • Kora • A1 (Headwaters) • Kora South • Blue Lake • Judd • Efontera • Judd South • Kathnell • Karempe • Yompossa (Yanabo) • Maniape • Aifu
Slide 59: 4.6m True Thickness at 116.49g/t Au, K1 Vein, Kora Deposit
4.6m True Thickness at 116.49g/t Au, 17g/t Ag, 0.96% Cu K1 Vein, Kora Deposit Kainantu Gold Mine
Slide 60: Management & Directors
Management & Directors Management Team Board of Directors Mineral engineer with +35yrs of global experience (Africa, Australia, Asia, N. America Over 35 years' experience as a lawyer, senior executive, director, journalist and author, and has held several John Lewins & former Soviet Union) at projec
Slide 61: Kora Deposit Overview & Mining Conditions Summary
Kora Deposit Overview & Mining Conditions Summary Deposit: Intermediate Sulphidation Multiple sub-vertical Au-Cu-Ag sulphide veins Focus is on the K1 and K2 veins, with the system also hosting other veins and link structures AuEq Grade: 10.2g/t (3g/t cut-off – M&I) with multiple higher-grade zones (
Slide 62: Judd Deposit Overview & Mining Conditions Summary
Judd Deposit Overview & Mining Conditions Summary Deposit: Intermediate Sulphidation Multiple sub-vertical Au-Cu-Ag sulphide veins, located ~150-200m east of Kora Focus is on the J1 vein, with the system also hosting at least three other veins AuEq Grade: 8.7g/t (3g/t cut-off – M&I) with higher grad
Slide 63: Kainantu Consolidated NI 43-101 Resources
Kainantu Consolidated NI 43-101 Resources Tonnes Gold Silver Copper Gold Equivalent mt g/t moz g/t moz % kt g/t moz Kora Deposit Resource Summary (September 12/2023) Measured 3.7 8.7 1.0 21 2.5 1.2 45 11.0 1.3 Indicated 3.1 7.0 0.7 22 2.2 1.3 41 9.4 1.0 Measured & Indicated 6.9 7.9 1.8 21 4.7 1.3 86
Slide 64: Significant Potential to Grow Resource Size at Blue Lake
Significant Potential to Grow Resource Size at Blue Lake 10.8 moz AuEq / 2.9 blbs CuEq Maiden Inferred Resource Declared in August 2022 TSX: KNT OTCQX: KNTNF Grade Tenor Increasing with Depth & High Grade Potassic Core is Open at Depth 64
Slide 65: 10.8 moz Maiden Blue Lake Resource (August 2022)
10.8 moz Maiden Blue Lake Resource (August 2022) Blue Lake Resource Summary (August/2022) Large 10.8 moz AuEq / 4.7 blbs CuEq Tonnes Gold Silver Copper Gold Equivalent Copper Equivalent Inferred Resource mt g/t moz g/t moz % Blb g/t moz % Blb Blue Lake Inferred 549 0.21 3.7 2.42 43.0 0.23 2.9 0.61 1
Slide 66: Contact
E-mail: dmedilek@k92mining.com Phone: +1 (604) 416 4445 17t Bucket Loader Sandvik LH517i LHD Kainantu Gold Mine Papua New Guinea