K92 Mining Inc (KNTNF)

[Edge83]

K92 Announces Further High-Grade Kora Drill Results from Kora Northern
VANCOUVER, British Columbia, Sept. 12, 2018 (GLOBE NEWSWIRE) --

Drill Hole KMDD0098 records multiple intersections including 4.54 m at 58.63 g/t Au, 6 g/t Ag and 0.63% Cu (59.63 g/t AuEq) plus 7.70 m at 8.81 g/t Au, 63 g/t Ag and 0.58% Cu (10.49 g/t AuEq)
Drill Hole KMDD0097 records multiple intersections including 4.15 m at 20.83 g/t Au, 7 g/t Ag and 0.20% Cu (21.21 g/t AuEq) plus 8.25 m at 5.91 g/t Au, 7 g/t Ag and 0.49% Cu (6.76 g/t AuEq)
Drill Hole KMDD0095 records multiple intersections including 10.70 m at 44.02 g/t Au, 2 g/t Ag and 0.27% Cu (44.59 g/t Au Eq)
Drill Hole KMDD0092 records multiple intersections including 3.40 m at 23.57 g/t Au, 9 g/t Ag and 0.17% Cu (23.95 g/t Au Eq)
K92 Mining Inc. (TSX-V: KNT; OTCQX: KNTNF) (“K92” or the “Company”) is pleased to announce results from the continuing diamond drilling of the Kora North Extension.

Results from Hole KMDD0098 record multiple intersections including 4.54 m at 58.63 g/t Au, 6 g/t Ag and 0.63% Cu (59.63 g/t AuEq) plus 7.70 m at 8.81 g/t Au, 63 g/t Ag and 0.58% Cu (10.49 g/t AuEq) plus 1.92 m at 3.74 g/t Au, 17 g/t Ag and 0.97% Cu (5.44 g/t AuEq) plus 1.45 m at 3.67 g/t Au, 6 g/t Ag and 0.63% Cu (4.70 g/t AuEq). Results from Hole KMDD0097 record multiple intersections including 4.15 m at 20.83 g/t Au, 7 g/t Ag and 0.20% Cu (21.21 g/t AuEq) plus 8.25 m at 5.91 g/t Au, 7 g/t Ag and 0.49% Cu (6.76 g/t AuEq) plus 2.00m at 3.01 g/t Au, 13g/t Ag and 1.91% Cu (6.09 g/t AuEq). See Table 1 below for a summary of drill results including true widths.

The results from Diamond Drill Cuddies 2 & 3 (DDC2 & DDC3) continue to extend both the K1 and K2 lodes while also further delineating the KL structure and confirming its continuity. Long sections showing all holes drilled to date in both K1 and K2 is provided below.

John Lewins, K92 Chief Executive Officer and Director, states, “The results continue to extend the known extent of both the K1 and K2 vein systems along strike and vertically, increasing our confidence in the continuity of these high grade vein systems. We will shortly commence a further update of the Kora North Resource estimate, incorporating all holes completed since the last resource update as well as the results from the holes currently being drilled. We anticipate that this updated resource estimate will be completed in the coming month.”

Table 1 below provides a summary of the results from KMDD0092, 93, 94, 95, 96, 97, 98 and 99 diamond drill holes drilled from DDC2 & 3. Note that KMDD0093 was previously reported on June 5, 2018. Table 2 provides details of collar location and hole orientation.

see full report: https://globenewswire.com/news-release/2018/09/12/1570007/0/en/K92-Announces-Further-High-Grade-Kora-Drill-Results-from-Kora-Northern-Extension.html