K92 Mining Inc (KNTNF)

[Edge83]

K92 IS PLEASED TO PROVIDE AN UPDATE ON THE LATEST GRADE CONTROL DRILLING ON THE IRUMAFIMPA DEPOSIT

By admin Posted February 27, 2017 In News Releases 0

INTERCEPTS INCLUDE:
4.4m at 12.67 g/t Au plus 2m at 5.14 g/t Au, plus 0.8m at 41.6 g/t Au in hole GCDD0022 2.7m at 26.54 g/t Au in hole GCDD0023 2.3m at 15.04 g/t Au in hole GCDC0027 3m at 18.46 g/t Au plus 3m at 19.82 g/t Au in hole GCDD0028 6.1m at 9.87 g/t Au plus 2.2m at 10.34 g/t Au plus 1m at 9.41 g/t Au in hole GCDD0029 2m at 23.12 g/t Au in hole GCDD0036

K92 Mining Inc. (“K92”) (TSX VENTURE:KNT)(OTCQB:KNTNF) is pleased to announce recent results from the ongoing grade control drilling program at its high grade Kainantu Gold Mine, which is currently ramping up towards commercial production.

The latest results are from the ongoing campaign of close spaced underground diamond drilling which is part of a comprehensive grade control strategy commenced in September 2016. The current grade control results are from an area of the Irumafimpa Deposit which will be mined in the coming six months and is designed to bring a high degree of confidence to the production planning and scheduling. The closed space drilling pattern of approximately 15 metres by 15 metres has significantly increased the confidence in this previously sparsely drilled area, with almost every hole recording high grade intersections.

Table 1 and 2 below provides a summary of the results from diamond grade control holes twenty two to thirty six which have been drilled into the stope areas it is planned to be mined underground. Table 1 provides a summary of the significant intercepts from the holes, while Table 2 provides details of collar location and hole orientation.

full PR: http://www.k92mining.com/2017/02/6201/