SureTrader
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: 1/16/2018 10:38:41 AM - Followers: 28 - Board type: Free - Posts Today: 1


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

Share Structure

As of November 21, 2017

Fully Diluted 217,976,148

Shares Issued   161,746,910*

Warrants  36,392,976**

Common Shares Issuable Upon Conversion of Cartesian Preferred Shares   9,503,662

Options  10,332,600

 

 

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
KNTNF
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
KNTNF News: K92 Operations Update 08:00 AM
KNTNF News: K92 Announces Further High-Grade Kora Drill Results from Kora Northern Extension 01/12/2018 08:30:00 AM
KNTNF News: K92 Announces Further High Grade Kora Exploration Drill Results from Kora Northern Extension 12/11/2017 12:35:00 PM
KNTNF News: K92 Defines First Mining Production Blocks in Kora North 12/04/2017 02:12:06 PM
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
News News Alert: K92 Operations Update 01/16/2018 08:00:00 AM
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
#499   K92 Operations Update ThSeeker 01/16/18 10:38:41 AM
#498   More drilling results out: Edge83 01/13/18 02:07:01 PM
#497   Great volume today ! Stable Genius 01/12/18 03:24:52 PM
#496   understood Mason07 01/10/18 06:06:12 PM
#495   If they don't announce commercial production don't expect bio1275 01/10/18 11:28:43 AM
#494   this selling is getting ridiculous Mason07 01/10/18 10:32:29 AM
#493   here's a 4 month old interview but worth Mason07 01/09/18 09:09:09 PM
#492   Big bond selloff today this could be it Mason07 01/09/18 05:01:15 PM
#491   insider buys....http://www.stockhouse.com/companies/bullboard?symbol=v.knt&posti Mason07 01/08/18 08:31:36 AM
#490   Looked good. ThSeeker 01/05/18 12:27:32 PM
#489   insider scoreboard..https://www.canadianinsider.com/company?ticker=KNT Mason07 01/05/18 12:11:54 PM
#488   I believe these guys are professionals. Whether ThSeeker 01/05/18 11:17:59 AM
#487   I sent an email to IR and they bio1275 01/05/18 10:46:44 AM
#486   I love these guy's who have no investment Mason07 01/04/18 11:07:47 AM
#485   yeah , once you put your hand on Suvorov 01/03/18 10:31:02 PM
#484   I got a good lesson this year on MemoryLeaks 01/03/18 10:19:31 PM
#483   No I didn't take offence at all. Suvorov 01/03/18 06:55:59 PM
#482   Hi douginil 01/03/18 06:25:57 PM
#481   douginil, look I could be totally wrong and Suvorov 01/03/18 06:17:59 PM
#480   i checked alot of your posts and most Mason07 01/03/18 03:15:56 PM
#479   That is a fair warning from experience, thank douginil 01/03/18 03:13:01 PM
#478   You see I have been around the gold Suvorov 01/03/18 02:38:33 PM
#477   the 1 thing i disagree with is the Mason07 01/03/18 10:54:36 AM
#476   From seekingalpha article on best 20 mines for MemoryLeaks 01/03/18 09:44:36 AM
#475   Careful:Third World Gold plays end in tears for investors.. Suvorov 01/03/18 09:16:14 AM
#474   Great move again by gold today. Putting together MemoryLeaks 01/02/18 02:36:42 PM
#473   to early to comment, need a few days Mason07 01/02/18 10:32:26 AM
#472   Looks like the wind is coming out of Correctionor 01/02/18 10:16:09 AM
#471   If they can pull it off!! Yes! Correctionor 12/30/17 12:16:57 PM
#470   K92 is so perfectly positioned to capitalize on ThSeeker 12/30/17 11:05:07 AM
#469   Great action today! I sold a lot into Correctionor 12/30/17 02:24:27 AM
#468   that's the best move in 6 months Mason07 12/29/17 03:20:11 PM
#467   Something is after popping :) I am seeing +.08 MemoryLeaks 12/29/17 03:08:53 PM
#466   there is still a big seller unloading every Mason07 12/29/17 12:18:57 PM
#465   Nice volume the last couple days. Would be ashy2classy 12/29/17 11:16:26 AM
#464   I hear ya Seek, I hate to say Mason07 12/28/17 10:13:48 AM
#463   So tired of this being down 40% when ThSeeker 12/28/17 09:40:05 AM
#462   They have until Friday to announce commercial production MemoryLeaks 12/27/17 12:29:37 PM
#461   This company is a mystery to me, they Mason07 12/27/17 12:20:55 PM
#460   Couldn't hold, no surprise. Would be nice if ashy2classy 12/27/17 11:34:00 AM
#459   We just blew past the MA50! Look at Edge83 12/27/17 03:47:20 AM
#458   i would say the sellers are gone. Mason07 12/26/17 07:03:51 PM
#457   Fido is still in the "DOGHOUSE" Mason07 12/26/17 11:30:23 AM
#456   it shouldn't, when you look at there projection Mason07 12/23/17 01:50:33 PM
#455   I'm going to say that the stock for Edge83 12/22/17 01:02:47 PM
#454   At a measly $60/oz in ground this stock ThSeeker 12/21/17 09:54:25 AM
#453   Mining and processing operations are ongoing and two ThSeeker 12/21/17 09:42:49 AM
#452   edge, we need a announcement of full scale Mason07 12/20/17 04:01:52 PM
#451   The company seems to moving in the right Edge83 12/20/17 11:27:47 AM
#450   What a dog as of late, my other Mason07 12/20/17 11:15:01 AM
PostSubject