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  • Mid Session Commentary - Detailed News

Commodities Buzz: K92 Mining Announces Results High Grade Drilling Of Kora North Extension Of Kainantu Gold Mine
23-Jul-19   12:46 Hrs IST

K92 Mining announced results from the continuing diamond drilling of the Kora North Extension of the Kainantu gold mine in Papua New Guinea. The results for the latest 11 diamond drill holes completed from both surface and underground into the Kora North deposit are summarized in Table 1 below. The first hole drilled from surface recorded approximately 50 metres below the existing Kora Resource and 200 metres above the Kora North Resource.

John Lewins, K92 Chief Executive Officer and Director, stated that the latest results include the first hole drilled from surface into the zone between Kora North and Kora as well as multiple holes below the known Kora North deposit. The latest results continue to show the very high continuity of the K1 and K2 lodes with K92 drilling now having shown a vertical extent of Kora North of almost 700 metres. The whole Kora – Kora North – Eutompi system has now been shown to have a vertical extent in excess of 1,100 metres, while the known strike is over 1,000 metres.

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