K92 Mining has been in fast-track modus since the company was created, and this should result in the company shipping its first copper-gold concentrate by the end of September. It will be very interesting to see how the company’s production costs per tonne compare with the cost per tonne experienced by Barrick Gold but we have no doubt at all a focused company like K92 will run a much leaner operation than a mastodon like Barrick.
It will be very interesting to see how fast the company can develop the Kora deposit, and what kind of drill results it will be able to pull out of the ground at the Judd vein system which is running parallel to the currently known mineralized zones. After raising all of the capital required to re-start the mine privately and prior to going public and subsequently bringing in another $19 million since being a public entity, K92 Mining is very well capitalized and won’t have to t
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