K92 Mining - Angehender Goldproduzent in PNG

Der in Vancouver ansässige Goldproduzent K92 Mining (TSXV: KNT) gab am Montag bekannt, dass das Unternehmen in seiner Goldmine Kainantu in Papua-Neuguinea eine Rekordproduktion im Quartal erzielt hat.

Im zweiten Quartal 2020 produzierte die Kainantu-Mine 25.762 Unzen Gold, 531.406 Pfund Kupfer und 10.867 Unzen Silber ? für insgesamt 26.847 Unzen Goldäquivalent. Dies bedeutet eine Verbesserung um 37 % gegenüber dem Ergebnis des zweiten Quartals 2019.
 

Bryan Slusarchuk:

https://medium.com/authority-magazine/...sterville-south-2546439b40d6

lg

money  

Exploration is ramping up!
2 multipowered rigs in transit from Canada to PNG.
1 LM110 mobile underground rig in transit from Australia to PNG.
The 3 rigs join our 6 rigs currently turning at our high grade, producing & expanding Kainantu Gold Mine

Fazit: Die Bohrkapazitäten von K92 werden gerade um 50% erweitert...

Quelle: https://twitter.com/K92Mining/status/1279864282939715584?s=20  

Mit dem Anstieg auf 3,12 EUR hat K92 MINING-Aktie (ISIN CA4991131083) am 08.07.2020 ein neues All-Time-High erreicht und damit den Kurs vom 19.02.2020 eingestellt.

Die K92 MINING-Aktie befindet sich seit dem 02.01.2019 im langfristigen Aufwärtstrend und hat in diesem Zeitraum +488,7% an Wert gewonnen. Der Abstand zur 200-Tage-Linie beträgt aktuell +48,1%.

Und bei jedem Trendwechsel könnten sich bei der K92 MINING-Aktie große Trendchancen eröffnen.  

https://www.globenewswire.com/news-release/2020/...sults-at-Kora.html
Also die Bohrungen sehe ja teils fantastisch aus, bis ca 40g/t Au. Darüberhinaus werden bis Quartalsende neun Bohrer eingesetzt (bisher 6) und bis Ende des Jahres sogar zehn. Wenn der Kurs nicht so hoch wäre würde ich nachkaufen. Wie handhabt ihr das?  

Zitat:

"VANCOUVER, British Columbia, July 27, 2020 (GLOBE NEWSWIRE) -- K92 Mining Inc. (?K92? or the ?Company?) (TSX-V: KNT; OTCQX: KNTNF) is pleased to announce the results of the Preliminary Economic Assessment (?PEA?) on its Kora gold deposit (?Kora?), which together with its Irumafimpa gold deposit (?Irumafimpa?) comprise the Kainantu Gold Mine Project (the ?Kainantu Project?) in Papua New Guinea. Based on the results of the study, the Company is proceeding to a Definitive Feasibility Study (?DFS?) for the Kora Stage 3 Expansion.

Stage 3 Expansion PEA Study Highlights:

1.  After-tax NPV5% of US$1.5 billion at US$1,500 per ounce gold, increasing to an after-tax NPV5% of US$2.0 billion at US$1,900 per ounce gold.
2.  Average annual expansion run-rate production of 318,000 ounces gold equivalent (?AuEq?)(1) per annum at 1.0Mtpa, commencing in late-2023, representing a 165% increase from Stage 2 Expansion Life of Mine (?LOM?) average annual production.
3.  LOM average cash costs of US$353 per AuEq ounce and AISC(2) of US$489 per AuEq ounce.
4.  Low cash costs of US$202 per gold ounce and AISC costs of US$362 per gold ounce net of by-product credits.
5.  Initial pre-expansion capital cost of US$125 million and life of mine sustaining capital cost of US$341 million with all capital costs fully funded by existing Stage 2 Kainantu mine cash flow.
6.  Mine life of 12 years, including ~3 years of Stage 2 production (2021 to late-2023).

AuEq ? calculated on the following metal prices: Au ? US$1,500/oz, Ag ? US$18.00/oz, Cu ? US$3.00/lb. Note that gold equivalence factors for the production estimates are different to those used for reporting the Mineral Resource estimate.

AISC ? All-In Sustaining Costs include cash costs plus estimated corporate G&A, sustaining costs and accretion.

The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

John Lewins, K92 Chief Executive Officer and Director, stated, ?Over the past three years, Kainantu has delivered tremendous production and exploration growth and we are very pleased to report the results for the next major growth plan - Stage 3 Expansion. The PEA economics are robust, with run-rate production of ~318,000 oz AuEq per annum; low average all-in sustaining costs net of by-product credits of $362/oz gold which benefitted from higher copper grades and economies of scale, and; an after-tax NPV5% of US$1.5 billion at US$1,500/oz. Importantly, the Stage 3 Expansion is a low capital intensity project and within our ability to self-fund from scheduled mine cash flow. ...."


Quelle: https://www.globenewswire.com/news-release/2020/...x846Lh9Kf4.twitter  

Bottom Line: We are increasing our target price to $8.00 from $6.00 by matching the Phase 3 PEA expansion driven by higher-than-expected grades at lower capital and operating costs than we had been expecting. K92 is self-financed for significant growth to an intermediate gold-copper producer (>300koz/yr AuEq) ? this is scarce among junior and even intermediate peers. In our opinion, especially as K92 completes the Phase 2 expansion and advances Phase 3, there will be ongoing market support and revaluation.

http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/...0July%2028%202020.pdf  

Gold tritt Mal kurz auf der Stelle  und K92 rennt immer weiter... Langsam wird es doch etwas heiß, oder?  

K92 Mining Announces Maiden Karempe Vein System Drilling Results and High-Grade Epithermal Vein Mineralization

https://www.juniorminingnetwork.com/...or-mining-brief-for-date-b-j-y  

Jaime Carrasco discusses K92 Mining

https://www.bnnbloomberg.ca/video/...sco-discusses-k92-mining~2068357  

Aufgrund der getätigten Aussagen des K92 Managements die Jahresproduktion bis Ende 2023 auf deutlich über 300KOz/Jahr
erhöhen zu wollen lässt ein erstes neues Kz von 10? im Rahmen von 6-12Mon. zu. In 24 Mon. würde ich sogar ein Kz von 15? sehen und sofern sich der Goldpreis in Richtung 3000Dollar/Oz entwickeln sollte, sogar Kurse deutlich über 20?.

Beste Grüße und weiterhin viel Erfolg...  

K92 Mining Announces Initial Phase 1 High-Grade Judd Vein System Drilling Results, Including 7.25m at 258.01 g/t AuEq

https://www.juniorminingnetwork.com/...or-mining-brief-for-date-b-j-y  

K92 Mining Inc Releases Strong 2020 Q3 Financial Results, Including Record Net Cash & Throughput Following Commissioning of Stage 2 Plant Expansion

https://www.juniorminingnetwork.com/...or-mining-brief-for-date-b-j-y