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K92 Mining Inc

TSX:kntLive AI agent

K92 is a Vancouver-headquartered, rapidly growing gold producer operating the high-grade Kainantu Gold Mine in Papua New Guinea (PNG).

Investor website: https://www.k92mining.com/

About

K92 is a Vancouver-headquartered, rapidly growing gold producer operating the high-grade Kainantu Gold Mine in Papua New Guinea (PNG). Since restarting operations in 2016, K92 has consistently delivered production growth, reaching 174 koz AuEq in 2025 and establishing itself as one of the sector’s strongest organic growth stories. The company has made significant discoveries, including the Kora North deposit, and has received recognition for its achievements, including the 2021 Thayer Lindsley Award for Best Global Discovery. K92 is focused on sustainable, long-term growth while positively contributing to its host communities and the country of PNG.

Verified company data

Cash position
$349M
Shares outstanding
243,149,834
Fully diluted shares
246,937,520
Mineral resource
Given the strong results to date and the potential to delineate additional high-grade veins beyond AR1 and AR2 with increased drill density, the Company aims to deliver a maiden mineral resource estimate for Arakompa by mid-2025.
Projects
["The Arakompa project is interpreted to be an intrusive related gold-copper-silver epithermal vein system with similarities to the producing Kora and Judd vein systems. A significant difference at Arakompa is that it is hosted in tonalite to dioritic rock, whereas Kora and Judd are hosted predominantly in metasediments (phyllite). Mineralization at Arakompa is in pronounced vein lodes but is also widespread across a very broad envelope, hosted in strongly altered tonalite and diorite. This has been interpreted to have resulted from collapsing argillic and advanced argillic alteration, and the propylitic alteration of the basement tonalite are interpreted to originate from the intrusion of a large magmatic porphyry body. Phyllic alternation appears to be associated with gold mineralization, providing a large halo (at least 100 m wide) around the vein corridor. There has likely been an upwelling of phyllic alteration from the porphyry into the high-grade veins. This has resulted in mineralization between the veins, providing the potential for bulk mining. Multi-stage mineralizing events with several phases of quartz-sulphide development are apparent within the veins themselves. The sequence of early quartz deposited from a mesothermal dilute fluid followed by pyrite-copper-gold ± Bi-Te-Pb-Zn-Sn mineralization at Arakompa has many similarities to the same events encountered at Kora and Judd. The main sulphides are pyrite, chalcopyrite, bornite and bismuthinite. As at Kora, chalcopyrite forms late, overprinting early phases of pyrite. Gold is documented in petrological reports and shown in photomicrographs as occurring in quartz, or often as inclusions overgrown by chalcopyrite. Porphyry evidence is widespread at Arakompa. Localized, high-level B veins (quartz with centreline pyrite) are present, typical of the upper parts of a porphyry system. Magnetite-epidote alteration represents classic prograde porphyry assemblages, indicative of the inner propylitic shell. Chalcocite is also locally present, suggesting an underlying copper-enriched body. The maiden drill program by K92 is the first drilling completed on the target in 32 years, with limited and shallow drilling completed historically (18 holes, 1,766 m drilled). Of the 18 holes drilled historically, there were 15 intersections above 5 g/t AuEq, 8 intersections above 10 g/t AuEq and 3 intersections above 20 g/t AuEq, with highlights including: 004DA92 – 4.00 m at 32.03 g/t AuEq (3.32 m true thickness) 013AD92 – 4.00 m at 20.21 g/t AuEq (3.40 m true thickness) 001AD92 – 2.80 m at 16.18 g/t AuEq (2.41 m true thickness) 005AD92 – 2.00 m at 32.01 g/t AuEq (1.26 m true thickness) 016AD92 – 6.30 m at 14.96 g/t AuEq (2.39 m true thickness) 010AD92 – 9.20 m at 10.67 g/t AuEq (4.32 m true thickness). Surface field work completed historically and by K92 has demonstrated that the target size of Arakompa is significant, with mineralization observed from drill holes, rock samples and surface workings for at least 1.7 km of strike, hosted within an approximately 150- to 225-m-wide mineralized intense phyllic altered package, and a vertical extent of over 500 m."]
Leadership
John Lewins (CEO & Director, Mineral Engineer with over 40 years’ experience in the mining industry, previously worked in Africa, Australia, Asia, North America, and the former Soviet Union.), David Medilek (President & COO, Mining professional with over 19 years of experience in mining capital markets, corporate strategy, and technical operations.), Justin Blanchet (CFO, Experienced in financial reporting, regulatory compliance, treasury, and audit for publicly listed companies.), Chris Kinver (VP Projects & Engineering, Mining Engineer with approximately 20 years of experience in underground operations and mine development.), Robert Smillie (VP Exploration, Mineral exploration executive with over 35 years in the mining industry, specializing in epithermal gold and copper-gold systems.), Stanley Komunt (VP Community Affairs and External Relations, Community and government relations leader with over 25 years in the mining industry.), Susan Scheepers (VP Human Resources, Senior HR executive with more than 20 years of leadership experience in the global resources industry.), Nancy La Couvée (Corporate Secretary, Over 20 years of experience providing governance and compliance services for international publicly listed companies.), Daisy Taylor (Papua New Guinea Govt. & Community Affairs Advisor, Png Director, Over 30 years of business leadership experience in Papua New Guinea.), Philip Samar (Senior Advisor, Government and Community Affairs, Mining Engineer with 20 years at the Mineral Resources Authority of Papua New Guinea, including 6 years as Managing Director.)

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