SureTrader
Interactive Brokers Advertisement
Home > Boards > US OTC > Mining/Resources >

K92 Mining Inc (KNTNF)

KNTNF RSS Feed
Add KNTNF Price Alert      Hide Sticky   Hide Intro
Moderator: ThSeeker, Edge83
Search This Board: 
Last Post: 11/17/2017 2:24:56 PM - Followers: 27 - Board type: Free - Posts Today: 0


K92 Mining Inc. // KNTNF // US OTC, also KNT // TSX

K92 Mining is focused on advancing the Kainantu Gold Mine, located in the Eastern Highlands province of Papua New Guinea, towards production. Combined, the management team have been involved in building over 20 mines and $5 billion in buyouts.

The Kainantu Mine

K92 Mining Inc is focused on advancing the Kainantu Gold Mine, located in the Eastern Highlands province of Papua New Guinea, towards production.  The Kainantu property covers a total area of approx. 410km2 and was previously mined by Highlands Pacific and Barrick Gold from 2006-2009.

After being commissioned in 2006, the processing facilities operated for a cumulative total of approximately 7000 hours (292 days) before being put on care and maintenance by Barrick Gold, who continued this care and maintenance of the mill until the sale of the project to K92.
 

About Papua New Guinea:
Land of large mines
Commonwealth country
Democratic government with the Prime Minister as Head of Government
Population of approximately 7 million people over a land area of 462,840 km2
Mining a major source of economic activity with multiple major mining companies operating large mines
Mining and petroleum industry contributes over one third of government tax revenue
Competitive tax and regulatory environment
Mining licenses issued under the terms of the Mining Act 1992

PNG bottom line: Very favorable government to mining with good geopolitical stability for a developing country

About the company:
Barrick Gold bought this mine in 2007 for $141 million and invested additional $100 million in project. $41 million invested in exploration drilling and definition drilling. 78K meters drilled via 767 holes.  K92 mining bought it at low point in bear market for $2 million.  
Will pay Barrick 60 mil once they are producing.  They also will have to pay 7.25% in preexisting carried intrestest and taxes.


Existing mine, mill, staff housing and all infrastructure in place, upkeep was done by Barrick even after shutting down productions.  Cheap hydro electric power nearby.

Fully NI43-101 compliant
High grade:  1.84 million oz @ 11.6 g/t AuEq inferred,   240,000 oz @ 11.3 g/t AuEq  indicated.   Also has a huge ore body that is open to depth, and not well explored.
Multiple hundred g/t intercepts reported in recent drilling.
Bonus of historical estimates at other sites: 1.36 million oz Au

AIM mining study 200,000 tpa @ 7.5-8 g/t; ~94% recovery rate. Poteintially producing 45K oz Au/yr.  Should be immedialy profitable to allow it to fund further drilling and exploration work.

Other projects: 4 Exploration leases, 1 mining lease, 2 mining easements, 1 lease for mining purposes: 405 km2 total land in PNG.


Experienced management: Alex Davidson of Barrick Gold on staff

 

About Papua New Guinea:
Land of large mines
Commonwealth country
Democratic government with the Prime Minister as Head of Government

Population of approximately 7 million people over a land area of 462,840 km2
Mining a major source of economic activity with multiple major mining companies operating large mines
Mining and petroleum industry contributes over one third of government tax revenue
Competitive tax and regulatory environment
Mining licenses issued under the terms of the Mining Act 1992


Corporate presentation: http://www.k92mining.com/investor/presentation/
Website: http://www.k92mining.com/ 


SureTrader
Interactive Brokers Advertisement
KNTNF
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
KNTNF News: K92 Mining (TSX.V:KNT) (OTC:KNTNF) Drilling intersects high-grade copper and gold in Kora Extension Discovery Zone 10/20/2017 07:00:00 AM
KNTNF News: K92 Announces High Grade Kora Exploration Drill Results Including 3.4m at 9.94 g/t Au, 55 g/t Ag and 5.97% Cu 10/17/2017 12:33:42 PM
PostSubject
#267  Sticky Note Great interview on TFMetals. http://media.tfmetalsreport.com/audio/08BryanSAug17 eward368 08/07/17 09:05:38 AM
#131  Sticky Note Good summary of K92 property and story in Edge83 10/06/16 02:46:53 AM
#422   Updated corporate presentation: Edge83 11/17/17 02:24:56 PM
#421   PR then selling. We have to wait and Mason07 11/15/17 03:53:13 PM
#420   K92 Announces More High Grade Kora Exploration Drill Edge83 11/15/17 11:14:17 AM
#419   Yeah this stock will really rock once gold Edge83 11/15/17 09:42:55 AM
#418   K92 Ships First Kora Concentrate under new Kora ThSeeker 11/15/17 09:28:23 AM
#417   I hope K92 moves well before $1400 is ThSeeker 11/14/17 11:03:56 PM
#416   I agree, the last major hurdle for the Edge83 11/14/17 10:40:35 PM
#415   should have been up $0.10 on news. sometimes Mason07 11/14/17 04:06:17 PM
#414   it appears insiders still unloading on news Mason07 11/14/17 04:04:00 PM
#413   i will start selling @ $4.00 but with Mason07 11/14/17 02:33:16 PM
#412   I bought some more today too. I don't Edge83 11/14/17 02:04:16 PM
#411   I am pretty happy with this investment. Bought MemoryLeaks 11/14/17 01:03:49 PM
#410   This is great news, it's better for all Edge83 11/14/17 11:15:43 AM
#409   WOW -- - First 4,000 tonnes of Kora ThSeeker 11/14/17 10:40:02 AM
#408   Good news this, takes the pressure off the MemoryLeaks 11/14/17 10:24:59 AM
#407   Pretty good Bid size today - K92 is Dr. King Schultz 11/13/17 01:00:02 PM
#406   Anyone have any insights to k92 finances as MemoryLeaks 11/13/17 11:09:48 AM
#405   They haven’t updated the presentation page in a MemoryLeaks 11/13/17 10:52:41 AM
#403   interesting interview...http://www.stockhouse.com/companies/bullboard?symbol=v.k Mason07 11/11/17 08:04:36 PM
#402   AND they have an experienced team that knows ThSeeker 11/08/17 09:34:01 PM
#401   They have the ore, they have the processing Edge83 11/08/17 04:56:11 PM
#400   Drill results continue to show high grade discovery. ThSeeker 11/08/17 09:11:42 AM
#399   K92 Mining Intersects Multiple High Grade Gold and Edge83 11/07/17 09:35:15 PM
#398   How low will it go, tax loss season newguy49 11/02/17 01:38:55 PM
#397   More news... ashy2classy 11/01/17 02:38:57 PM
#396   Read this over at StockHouse... ashy2classy 10/31/17 11:17:05 AM
#395   not happy with this insider selling. i'm grumpy Mason07 10/30/17 01:41:12 PM
#394   Broke below the 50MA...bad sign for the chart. ashy2classy 10/30/17 10:57:09 AM
#393   looks like insiders still dumping!!! Mason07 10/30/17 10:02:10 AM
#392   Welcome to the club, the market is pricing Edge83 10/27/17 09:53:07 PM
#391   WOW that is impressive. Very happy,to own a ThSeeker 10/27/17 04:03:20 PM
#390   Agreed, These turkeys better hurry up and get Mason07 10/27/17 04:00:38 PM
#389   Based on volume, looks like there was another ashy2classy 10/27/17 03:32:17 PM
#388   These are incredible numbers. I guess instead of eward368 10/26/17 10:09:23 PM
#387   K92 Reports Up To 20.04 g/t Au, 228.8 Edge83 10/26/17 09:58:11 PM
#386   Yeah I saw Cartesian (CRH) one of their Edge83 10/25/17 04:26:21 PM
#385   http://www.stockhouse.com/companies/bullboard?symbol=v.knt&postid=26854550 not Mason07 10/25/17 10:45:19 AM
#384   They have good drilling results and insider unloads Mason07 10/20/17 10:54:04 AM
#383   Down .035 12,000 shares traded is bull !!!! Mason07 10/20/17 10:44:29 AM
#382   Finally the market for K92 acting more in ThSeeker 10/18/17 03:34:39 PM
#381   K92 looking good these days. Steady uptrending, and Dr. King Schultz 10/18/17 03:01:19 PM
#380   Charts look like we have a back-tested reversal/trend Edge83 10/18/17 12:50:27 AM
#379   Today's news is very good. But it seems ThSeeker 10/17/17 10:51:32 AM
#378   I added at .4717 to round out my ashy2classy 10/17/17 10:47:50 AM
#377   Look at the volume. Not significant really. So ThSeeker 10/17/17 10:46:22 AM
#376   Looks like they reported drill results... ashy2classy 10/17/17 10:44:47 AM
#375   What happened here? Was there news? I was ashy2classy 10/17/17 10:43:04 AM
#374   Someone not investing and who does not care ThSeeker 10/13/17 03:47:17 PM
#373   who in there right mind would sell here.oh well!!! Mason07 10/13/17 03:33:04 PM
#372   Might want to wait a bit longer than ThSeeker 10/12/17 07:51:07 PM
PostSubject