Gold and Silver miners (Jr and Exploration)

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K92 continues to produce good drilling results, most undervalued gold mining stock out there IMO:

K92 Announces Further High-Grade Kora Drill Results from Kora Northern Extension

March 05, 2018 11:21 ET | Source: K92 Mining Inc.

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K92 Mining Inc.

Table 3.0 Kainantu Gold Mine – Collar Locations for Kora Underground Diamond Drilling

K92 Mining Inc.

Drill Hole KMDD0057 records 6.95 m at 13.78 g/t Au, 3 g/t Ag and 0.03% Cu (13.86 g/t AuEq) plus 2.65 m @ 14,51 g/t Au, 63 g/t Ag and 2.58% Cu (19.27 g/t AuEq)Drill Hole KMDD0051 records multiple intersections including 3.4 m at 16.84 g/t Au, 23 g/t Ag and 1.35% Cu (19.19 g/t AuEq)Drill Hole KMDD0055 records 3.2 m at 9.83 g/t Au, 52 g/t Ag and 0.33% Cu (10.99 g/t AuEq) plus 4.50 m at 4.68 g/t Au, 14g/t Ag and 2.33% Cu (8.42 g/t AuEq)

VANCOUVER, British Columbia, March 05, 2018 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92”) (TSXV:KNT) (OTCQB:KNTNF) is pleased to announce results from the continuing grade control and exploration drilling of the Kora North Extension.

The results reported include four holes from Diamond Drill Cuddy Two (DDC2), and five holes from Diamond Drill Cuddy 1210 located in Irumafimpa and evaluating further northern extensions of the Kora system parallel to the Irumafimpa orebody. All holes drilled from DDC2 have recorded intersections of the K1 and K2 Lodes, while three also intersected the KL1 lode.

Drilling from the 1210 Drill Cuddy located in the Irumafimpa Mine have confirmed that both the K1 and K2 lodes extend up to 200 metres to the north of the recently announced Kora North resource vein in addition to the main Kora North vein (K2), except KMDD0041 which was stopped short of the K2 vein.

Results have included Hole KMDD0051 which recorded 3.4 m at 16.84 g/t Au, 23 g/t Ag and 1.35% Cu (19.19 g/t AuEq) plus 1.4 m at 6.23 g/t Au, 19 g/t Ag and 1.02% Cu (8.03 g/t AuEq), Hole KMDD0055 with 3.2 m at 9.83 g/t Au, 52 g/t Ag and 0.33% Cu (10.99 g/t AuEq) plus 4.50 m at 4.68 g/t Au, 14 g/t Ag and 2.33% Cu (5.69 g/t AuEq) plus 4.05 m at 4.28 g/t Au, 5 g/t Ag and 0.89% Cu (5.69 g/t AuEq) and Hole KMDD0057 records 6.95 m at 13.78 g/t Au, 3 g/t Ag and 0.03% Cu (13.86 g/t AuEq) plus 2.65 m @ 14,51 g/t Au, 63 g/t Ag and 2.58% Cu (19.27 g/t AuEq).

The results from DDC2 continue to confirm the consistency of both the K1 and K2 lodes within this area while also further delineating the KL1 structure and confirming its continuity. The holes drilled from the 1210 drill cuddy have highlighted the potential for a further extension of the Kora lodes to the north of the current resource parallel to the Irumafimpa system.

John Lewins, K92 Chief Executive Officer and Director, states, “These results continue build our knowledge of the Kora – Irumafimpa system, extending the known area of mineralization and confirming the continuity of the Kora lodes.

At the same time with the ongoing mining of the K1 and K2 lodes we are building a detailed understanding of the geological, geotechnical and metallurgical characteristics of these lodes. The grade of material mined from K1 has to date averaged over 20 g/t Au, while K2 has averaged approximately 7 g/t Au and 0.8% copper confirming this as a high grade system with excellent continuity. Metallurgical performance has been excellent with recoveries for both gold and copper well in excess of 90%.

We are currently preparing our third diamond drill cuddy which will then allow the initial underground diamond drilling exploration program to commence, targeting an area of approximately 600 metres on strike by 500 metres on dip between Irumafimpa and the known Kora deposit”.

Table 1 and 2 below provide a summary of the results from the latest diamond grade control drill holes drilled into the Kora North Vein system from DDC2 and the 1210 drill cuddy respectively. Table 3 provides details of collar location and hole orientation.

http://www.globenewswire.com/news-release/2018/03/05/1415164/0/en/K92-Announces-Further-High-Grade-Kora-Drill-Results-from-Kora-Northern-Extension.html