Home > Boards > US OTC > Mining/Resources >

K92 Mining Inc (KNTNF)

KNTNF RSS Feed
Add KNTNF Price Alert      Hide Sticky   Hide Intro
Moderator: ThSeeker, nowwhat2, Mason07, bio1275
Search This Board: 
Last Post: 10/21/2019 3:55:55 PM - Followers: 47 - Board type: Free - Posts Today: 0


 KNT // K92 Mining Inc. // KNTNF // US OTC, alsoTSX

Share Structure

As of January 2019

 

213,542,737 Fully Diluted

191,016,437  Shares Issued

    6,256,700  Warrants @ $0.65 expire Sept 6. 2019

  16,319,100   Options 

K92 Mining Releases 2019 Q1 Financial Results

 
K92 Mining Inc. Releases 2019 Q2 Financial Results, Increases 2019 Production Guidance and Decreases 2019 Cost Guidance
 
For the three months (brackets six months) ended June 30, 2019,
K92 sold 18,824 (37,240) gold oz for the period at a
cost of US$551/oz
1 ($472/oz1) and an
all-in sustaining cost (AISC) of US$681/oz
1 (US$618/oz1)

Head grade of 16.7 g/t Au (six months ended June 30, 2019 – 19.6 g/t Au)
Revenue less Cost of Sales for the three months (brackets six months) ended June 30, 2019 was US$10,784,119 ($25,456,759)
Increased production guidance for 2019 to 72,000 to 80,000 gold equivalent (AuEq) oz (originally 68,000 to 75,000 AuEq oz).
Decreased cost guidance for 2019 to cash costs of $560/oz1 to $600/oz1 (originally $580/oz1 to $620/oz1) and AISC of $720/oz1 to $760/oz1 (originally $780/oz1 to $820/oz1)

VANCOUVER, British Columbia, Aug. 15, 2019 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSXV: KNT; OTCQB: KNTNF) is pleased to announce results from its financial statements for the three and six months ended June 30, 2019.

This second quarter of 2019 saw record tonnes processed, producing 19,652 oz AuEq from the Kora North deposit with cash costs of US$551/gold oz and AISC of US$681/gold oz. Revenue for the second quarter was US$23,293,370 with a gross margin US$10,784,119.

Great interview on TFMetals.
https://youtu.be/As-cM9nm8i8

 

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.

Latest drill results:
https://ceo.ca/@nasdaq/k92-announces-more-high-grade-kora-drill-results-from
 

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
 

I think the Kainantu project is one of the most prospective in Papua New Guinea.  The strength of the structures and veins are most impressive. And they contain significant high grade gold!

ALEX DAVIDSON, K92 Mining Advisor & Former Executive Vice President Barrick Gold Corporation

 

NI 43-101 Technical Report



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

News: https://stockhouse.com/news/press-releases/2019/06/06/k92-mining-appoints-warren-uyen-as-senior-vp-operations-and-xa0-david-medilek
News K92 drilling results for blue lake: https://ceo.ca/@nasdaq/k92-mining-exploration-update-blue-lake-porphyry-e8715
News: K92 treats record tonnage for 2nd qtr...https://ceo.ca/@nasdaq/k92-mining-announces-record-tonnage-treated-in-second, K92secures 15million $ loan..https://ceo.ca/@nasdaq/k92-mining-secures-us15-million-loan-and-offtake-agreement

News K92 financing deal...https://ceo.ca/@nasdaq/k92-mining-inc-announces-18000600-bought-deal-financing
News K92 eliminates contingency payment..
https://www.otcmarkets.com/stock/KNTNF/news/K92-Mining-Signs-US125-Million-Agreement-To-Eliminate-Contingent-Payment-With-Barrick-Gold-Corporation?id=234403
News K92 great drilling results..https://ceo.ca/@nasdaq/k92-mining-announces-latest-high-grade-drill-results
KNTNF
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PostSubject
#1707  Sticky Note K92 Mining Releases 2019 Q1 Financial Results ThSeeker 05/08/19 09:59:40 AM
#2659   Oh......Okay, they've "fixed it" now..... nowwhat2 10/21/19 03:55:55 PM
#2658   Everything's under control nowwhat2 10/21/19 01:20:49 PM
#2657   Miners getting killed and gold is down like ashy2classy 10/21/19 01:16:07 PM
#2656   Well ?......They're certainly trying ones' patience and nowwhat2 10/21/19 12:36:29 PM
#2655   2019 Guidance now 76-80k vs previous 72-80k which J L P 10/21/19 12:13:27 PM
#2654   Thanks, very good report :-) Mason07 10/21/19 09:53:29 AM
#2653   Second time John Lewins has mentioned that they jools 10/20/19 11:13:56 AM
#2652   Good 30 + minute interview with John Lewins. MemoryLeaks 10/19/19 03:30:18 PM
#2651   It's......the re-toying w HUI 200 baby - * nowwhat2 10/17/19 01:30:14 PM
#2650   Like i said " Dead Man Walking" Mason07 10/17/19 10:22:11 AM
#2649   Dollar's been tanking nowwhat2 10/17/19 09:48:54 AM
#2648   Must kill gold(s) / Murder all gold(s) / nowwhat2 10/15/19 01:33:55 PM
#2647   Frickin' New Yorkers.......Just GOTTA murder gold nowwhat2 10/15/19 10:27:25 AM
#2646   With all the world tensions and the US 560ND 10/14/19 07:47:27 PM
#2645   And that's something I just freaking HAVE TO nowwhat2 10/11/19 12:06:15 PM
#2644   I don’t think we see any trade deal jembers 10/11/19 11:16:32 AM
#2643   edit - All golds JUST CRUSHED as Brexit nowwhat2 10/11/19 11:09:40 AM
#2642   It is just annoying to see this stock bio1275 10/11/19 10:59:04 AM
#2641   All golds JUST CRUSHED as Brexit and Trade nowwhat2 10/11/19 10:54:35 AM
#2640   Our lame little mining co...... nowwhat2 10/09/19 03:56:38 PM
#2639   There is no problem anymore with the locals. bio1275 10/09/19 01:29:47 PM
#2638   Recent trouble has been in West Papua,which is jools 10/09/19 12:45:36 PM
#2637   There is tension in PNG between the locals GeneHG 10/09/19 12:01:00 PM
#2636   There is tension in PNG between the locals GeneHG 10/09/19 12:00:45 PM
#2635   How does PNG compare to USA cities like ?Chicago? GeneHG 10/09/19 11:57:13 AM
#2634   Nothing. Just another bs tweet about trade deal. jembers 10/09/19 11:19:21 AM
#2633   So what didn't the market like today? DAFUK?!? ashy2classy 10/09/19 11:02:51 AM
#2632   This was not the financial report for Q3. bio1275 10/08/19 04:48:02 PM
#2631   Right on man. I’m at 2.07. Had this jembers 10/08/19 03:38:46 PM
#2630   I DID snag this at 1.66 a month nowwhat2 10/08/19 03:31:12 PM
#2629   Geez, you’re hard to please. You could have jembers 10/08/19 03:17:54 PM
#2628   Well whatever the case is - The market's nowwhat2 10/08/19 03:06:17 PM
#2627   Bought more today. To support this great management. bio1275 10/08/19 02:34:02 PM
#2626   So I'm kinda confused (ha- what's new in nowwhat2 10/08/19 01:35:46 PM
#2625   Still my fave but even IT'S "correcting". nowwhat2 10/08/19 01:20:35 PM
#2624   Bullion's been under a great deal of pressure and...... nowwhat2 10/08/19 12:49:36 PM
#2623   Thank you very much, Mason. I can't wait bio1275 10/08/19 11:36:27 AM
#2622   KNT is dynamite. nowwhat2 10/08/19 11:01:59 AM
#2621   Bio, me thinks that Blue Lake is going Mason07 10/08/19 10:43:48 AM
#2620   Fire it up. 52 week highs in sight again. jembers 10/08/19 09:45:46 AM
#2619   K92 MINING ANNOUNCES THIRD QUARTER RESULTS FROM THE bio1275 10/08/19 07:09:40 AM
#2618   It looks like KORA is open both along bio1275 10/07/19 02:27:08 PM
#2617   Thanks Jerome.....We KNEW you could do it..... nowwhat2 10/07/19 02:07:28 PM
#2616   Well - The Action is certainly picking up nowwhat2 10/07/19 12:00:20 PM
#2615   Yep - You were calling it a cup nowwhat2 10/07/19 11:29:24 AM
#2614   Looks like i was right on that cup, Mason07 10/07/19 11:14:09 AM
#2613   That makes since... Golden_Cross 10/07/19 11:02:53 AM
#2612   I like the reaction. I’d rather see the jembers 10/07/19 10:57:20 AM
#2611   Nah.....Muted response - Somewhat unimpressive volume - nowwhat2 10/07/19 10:52:12 AM
#2610   BIG potential. Got caught up in some political ashy2classy 10/07/19 10:52:06 AM
PostSubject