K92 Mining Inc (KNTNF)

[douginil]

K92 Mining announces results of Preliminary Economic Assessment (PEA) on its Kora Deposit


News Releases Posted October 13, 2016


positive cash flow of US$558 million over 9 years, an Internal Rate of Return (IRR) of 113% and achieve an NPV5 of US$415 million

400,000 tonnes per annum (108,000 Au Eq per annum) over a 9 year period with cash costs of US$547/oz AuEq and all in sustaining costs (AISC) of US$619/oz AuEq

Treatment of 3.2 Million tonnes @ 7.1 g/t Au, 25 g/t Ag & 1.7% Cu (9.3 g/t Au Eq*) over the 9 years

Initial Capital Cost of US$13.84 Million



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http://www.k92mining.com/2016/10/k92-mining-announces-results-of-preliminary-economic-assessment-pea-on-its-kora-deposit/