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Wednesday, 11/15/2017 11:13:57 AM

Wednesday, November 15, 2017 11:13:57 AM

Post# of 4985
K92 Announces More High Grade Kora Exploration Drill Results and Ongoing Development of Kora Northern Extension

- Drill Hole KMDD0024 records 11.5 m at 7.11 g/t Au, 12 g/t Ag and 0.32% Cu (7.76 g/t AuEq) plus 5.95m at 5.23 g/t Au, 19 g/t Ag and 1.97% Cu (8.50 g/t AuEq)

- Development along strike now extends beyond 120 metres with mined grades averaging approximately 6.5 g/t Au and 1% Cu

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 15, 2017) - K92 Mining Inc. ("K92") (TSX VENTURE:KNT)(OTCQB:KNTNF) is pleased to announce results from KMDD0024 which has been drilled 50 metres to the South and 60 metres above the current development. This hole has recorded significant intersections in both the K1 and K2 lodes (see table 1 & 2). These results extend the known Kora mineralization in this Northern Extension over a strike length of approximately 150 metres and a dip extent of approximately 100 metres.

In addition, the Company has continued to develop along the strike of the Kora Lode with a 3.5-4 metre x 4 metre drive in a northerly and southerly direction and has now mined over 7,000 tonnes of material at an average grade of approximately 6.5 g/t Au and 1% Cu. This material is being treated through the process plant on an ongoing basis, producing a copper-gold flotation concentrate.

Following on from the success of the results from this drive and the 25m x 25m "grade control" grid pattern K92 has completed initial mine designs for this area which include access to, and drives along the vein on the 1210 mRL and 1235 mRL. This will enable the first stopes to be mined from this Kora Northern Extension in early 2018.

The Company has also continued to develop the footwall drive parallel to the Kora Lode to the South and expects to complete a second drill cuddy by the end of the month, to allow drilling to commence on a second area of 150 metres by 150 metres on 25m x 25m "grade control" grid pattern.

John Lewins, K92 Chief Executive Officer and Director, states, "The ongoing results from the development along the Kora Lode and from the diamond drilling program have continued to build our confidence in the quality and continuity of this Northern Extension of Kora. We have now mined over 7,000 tonnes mined at an average grade of approximately 6.5 g/t Au and 1% copper from this strike drive an average width of approximately 3.5 metres and height of 4 metres over a continuous length of over 120 metres. We plan not only to continue to mine along strike on the current level, but to develop drives along strike on two upper levels, which will also allow stoping to commence in early 2018".

The previously reported Kora extension discovery hole KMDD0009 recorded an intersection of 5.4 metres at 11.68 g/t gold, 25.5 g/t silver and 1.33 per cent copper from 154 metres downhole, is also located within the 100 metre strike length referred above (see K92 news release dated May 24, 2017, for details including true thicknesses).

Table 1 and 2 below provide a summary of the results from the latest diamond grade control drill hole drilled into the Kora Vein. Table 1 provides a summary of the significant intercepts from the hole, while Table 2 provides details of collar location and hole orientation.

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