K92 Mining (TSE:KNT) has released an update.
K92 Mining has reported promising results from its second set of diamond drill operations at the Arakompa site near the Kainantu Gold Mine in Papua New Guinea, marking the first exploration in 32 years. The company has defined a significant bulk tonnage strike over 400 meters with an average thickness of 67 meters, and high-grade gold intersections, including a notable 12.60 meters at 19.87 g/t gold equivalent. The findings suggest a substantial near-surface mineralized zone that could expand the already known gold resources.
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