K92 Mining Expands High-Grade Arakompa Zone, New Bulk Tonnage Zone Found
K92 Mining Expands High-Grade Arakompa Zone, New Bulk Tonnage

K92 Mining Inc. (TSX: KNT; OTCQX: KNTNF) has announced its sixth set of drilling results from the Arakompa project, located approximately 4.5 kilometers from the Kainantu Gold Mine Process Plant in Papua New Guinea. The results include 33 new drill holes, bringing the total to 100 holes released from the maiden surface diamond drill program. All holes intersected mineralization, with 40 intersections exceeding 5 g/t AuEq and 20 exceeding 10 g/t AuEq.

Major Expansion of AR1 High-Grade Zone

Increased drill density has confirmed strong vein continuity and expanded the AR1 high-grade zone. The near-surface thick high-grade zone is now defined up to approximately 300 meters of vertical extent and up to 400 meters of strike length, starting at 100 meters depth. Surface mapping and high-grade rock chip samples indicate mineralization extends to surface up-dip, making infill drilling of the top 100 meters a priority target. Within this zone, the weighted average grade is 9.47 g/t AuEq over an average true width of 4.32 meters.

Key highlights from AR1 include:

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  • KARDD0076: 11.90 m at 14.30 g/t AuEq (14.00 g/t Au, 9 g/t Ag, 0.18% Cu), including 1.70 m at 92.43 g/t AuEq
  • KARDD0106: 10.00 m at 15.21 g/t AuEq (15.11 g/t Au, 4 g/t Ag, 0.06% Cu), including 4.00 m at 36.65 g/t AuEq
  • KARDD0100: 16.50 m at 8.06 g/t AuEq (7.53 g/t Au, 8 g/t Ag, 0.43% Cu), including 3.00 m at 18.03 g/t AuEq
  • KARDD0090: 8.60 m at 6.79 g/t AuEq (6.40 g/t Au, 8 g/t Ag, 0.29% Cu)
  • KARDD0094: 7.88 m at 6.63 g/t AuEq (5.60 g/t Au, 22 g/t Ag, 0.77% Cu), including 2.15 m at 13.54 g/t AuEq
  • KARDD0091: 4.00 m at 13.90 g/t AuEq (13.21 g/t Au, 26 g/t Ag, 0.38% Cu), including 1.80 m at 30.35 g/t AuEq
  • KARDD0078: 5.10 m at 6.81 g/t AuEq (6.56 g/t Au, 16 g/t Ag, 0.07% Cu)

AR2 Vein Delivers Multiple High-Grade Intercepts

The AR2 vein also returned significant high-grade intercepts, including:

  • KARDD0084G: 4.70 m at 41.90 g/t AuEq (41.46 g/t Au, 4 g/t Ag, 0.38% Cu)
  • KARDD0104: 6.80 m at 15.21 g/t AuEq (15.11 g/t Au, 6 g/t Ag, 0.04% Cu), including 2.00 m at 49.00 g/t AuEq
  • KARDD0090: 3.40 m at 20.31 g/t AuEq (20.21 g/t Au, 5 g/t Ag, 0.03% Cu), including 0.90 m at 71.63 g/t AuEq
  • KARDD0073: 8.00 m at 6.72 g/t AuEq (5.78 g/t Au, 46 g/t Ag, 0.39% Cu)
  • KARDD0105: 3.60 m at 5.02 g/t AuEq (3.45 g/t Au, 56 g/t Ag, 0.91% Cu)
  • KARDD0091: 1.40 m at 7.51 g/t AuEq (6.12 g/t Au, 55 g/t Ag, 0.73% Cu)

Near-Surface, Large High-Grade Bulk Zone Confirmed and Expanded

Multiple near-surface high-grade bulk intersections have been recorded, expanding a zone previously interpreted as lower grade due to lack of drilling. Highlights include:

  • KARDD0091: 49.30 m at 1.95 g/t AuEq (1.79 g/t Au, 7 g/t Ag, 0.08% Cu)
  • KARDD0106: 140.10 m at 1.27 g/t AuEq (1.21 g/t Au, 2 g/t Ag, 0.03% Cu)

Both holes are located approximately 60 meters from previously reported hole 005AD92, which recorded 41.9 m at 2.21 g/t AuEq. The thick high-grade bulk zone has been expanded in multiple directions, with increased drill density improving confidence in geological continuity. This area has been a major focus ahead of the Arakompa maiden resource estimate.

Additional bulk tonnage intersections include:

  • KARDD0076: 99.00 m at 2.90 g/t AuEq
  • KARDD0084G: 105.40 m at 2.26 g/t AuEq
  • KARDD0090: 106.50 m at 2.22 g/t AuEq
  • KARDD0078: 70.90 m at 1.01 g/t AuEq and 36.40 m at 1.00 g/t AuEq
  • KARDD0094: 137.35 m at 1.07 g/t AuEq
  • KARDD0104: 163.50 m at 1.02 g/t AuEq
  • KARDD0100: 177.55 m at 1.01 g/t AuEq
  • KARDD0075: 77.20 m at 1.01 g/t AuEq
  • KARDD0086: 43.80 m at 1.01 g/t AuEq
  • KARDD0099: 40.50 m at 1.03 g/t AuEq

Surface sampling indicates mineralization extends to surface along Arakompa's known +2 km strike length, highlighting multiple high-priority areas for infill and step-out drilling.

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