Beiträge von MontevonZott

  • K92 Mining / KNT (CVE)

    K92 Mining Releases 2019 Q1 Financial Results


    • For the three months ended March 31, K92 produced 19,125 gold ozs or 19,778 gold equivalent (AuEq) oz for the year at a cost of US$377/gold oz or US$395/gold equivalent oz and an all-in sustaining cost of US$533/gold oz or US$545/AuEq oz1
    • Head grade of 23.6 g/t AuEq
    • Revenue less Cost of Sales for the three months ended March 31, 2019, was US$14,672,640
    • Initial production guidance for 2019 expected to be between 68,000 and 75,000 AuEq oz

    https://www.globenewswire.com/…_neViNEAAu88s5rlWOUzMwC2s

  • K92 Mining / KNT (CVE)

    K92 Receives More High-Grade Kora Drill Results From Kora North Extension



    • Drill Hole KMDD0128 records multiple intersections including 2.05 m at 363.91 g/t Au, 17 g/t Ag and 0.08% Cu (364.25 g/t AuEq) plus 11.45 m at 7.61 g/t Au, 22 g/t Ag and 1.26% Cu (9.83 g/t AuEq)


    • Drill Hole KMDD0142 records multiple intersections including 10.25 m at 26.02 g/t Au, 30 g/t Ag and 0.80% Cu (27.63.19 g/t Au Eq) plus 7.96 m at 49.82 g/t Au, 4 g/t Ag and 0.34% Cu (50.38 g/t AuEq)
    • Drill Hole KMDD0140 records 3.55 m at 14.71 g/t Au, 6 g/t Ag and 0.61% Cu (15.72 g/t AuEq) plus 16.80 m at 7.65 g/t Au, 32 g/t Ag and 1.74% Cu (10.72 g/t AuEq)
    • Drill Hole KMDD0115A records a K2 intersection of 7.20 m at 2.57 g/t Au, 27 g/t Ag and 0.40% Cu (3.51 g/t AuEq) over 300 metres vertically below the current operating level, extending the known depth extent of the K2 Lode 200 metres below the current resource
    • Drill rigs at Kora/Kora North increased to four to further accelerate expansion and exploration drilling

    https://www.globenewswire.com/…uW7bhtY8Xo1D5-SxfHwJUu_pw

  • K92 Mining / KNT (CVE)

    K92 Mining Announces Year-End Financial Results



    • For the year ended December 31, 2018, K92 produced 45,810 gold oz, or 47,237 gold equivalent (AuEq) oz, at a cost of $594/gold oz or $601/AuEq oz and an all-in sustaining cost (AISC) of $795/gold oz or $796/AuEq oz



    • For the quarter ended December 31, 2018, K92 produced 16,451 gold oz, or 16,844 AuEq oz, at a cost of $572/gold oz or $579/AuEq oz and an AISC of $718/gold oz or $722/AuEq oz
    • Revenue less Cost of Sales for the year ended December 31, 2018 was US$23,401,518

    http://www.globenewswire.com/n…nd-Financial-Results.html

  • K92 Mining / KNT (CVE)

    K92 Mining Exploration Update - Blue Lake Porphyry Prospect



    • Initial diamond drilling program underway, with the first of six planned 400- metre deep holes completed



    • First hole KTDD0001 intersects 175 metres at 0.28 g/t Au and 0.22% Cu from 259 metres to termination at 433.9 metres, with the hole ending in mineralization



    • A grid soil sampling program over an area of approximately 2 km2 identifies a large coincident gold and copper anomaly




    https://www.juniorminingnetwor…LPydpmnJ4EIIo4RU5-2MhkyzM

  • K92 Mining / KNT (CVE)

    Markus Bussler: Gold-Geheimtipp: 117 Prozent Potenzial


    Der Goldpreis konsolidiert und die Goldaktien präsentierten sich gestern uneinheitlich. Doch eine Aktie stach heraus: K92. Unser Gold-Geheimtipp kennt praktisch nur eine Richtung: die nach oben. Gestern konnte die Aktie auf ein neues Mehrjahreshoch steigen. Jetzt meldet sich David Medilek, Analyst bei der australischen Investment Bank Macquarie, zu Wort und rät zum Kauf des „Top Picks“, wie er K92 bezeichnet.


    ....


    http://www.deraktionaer.de/akt…zent-potenzial-455700.htm

  • K92 Mining / KNT (CVE)

    K92 Mining to Expand Kainantu Gold Mine, PNG


    K92 Mining announces formal decision to double capacity at its Kainantu Gold Mine to 400,000 tonnes per annum, increasing production an average of 120,000 ozs AuEq per annum.
    The key aspects of the expansion include:

    • Production is projected to be 68-75,000 ozs AuEq in 2019 and 115-125,000 ozs AuEq in 2020;


    • Plant processing capacity is expected to be increased to 400,000 tonnes per annum (“tpa”) by end of Q4 2019;


    • Mine underground production increasing over an 18-month period to achieve the design capacity of 400,000 tpa by Q3 2020;


    • Capital Cost for the expansion is estimated to be US$15 million spent over a 12-month period;


    • The Preliminary Economic Assessment* (“PEA”) on the expansion estimated:

    globenewswire.com/news-release…_L0sBxuth9ru8DkfhS34MGGG4

  • K92 Mining / KNT (CVE)

    K92 Mining produces 16,844 AuEq oz in Q4


    2019-01-22 08:27 ET - News Release


    Mr. John Lewins reports
    K92 ANNOUNCES RECORD PRODUCTION OF 16,844 OZS AUEQ IN Q4 AND A RECORD ANNUAL PRODUCTION OF 47,237 OZS AUEQ FROM THE KAINANTU GOLD MINE
    K92 Mining Inc. has provided an update on operations for fourth quarter of 2018 at its Kainantu gold mine in Papua New Guinea.
    During Q4, K92 produced 16,451 ounces of gold, 170,800 pounds of copper and 3,095 ozs of silver or 16,844 AuEq ozs (based on a gold price of US$1,300/oz; silver US$16.5/oz; copper US$2.90/lb). Q4 production represents a new record for the Kainantu Gold Mine, being over 50% higher than any previous record quarter.
    The annual production of 45,810 ounces of gold, 611,000 pounds of copper and 10,069 ozs of silver or 47,237 AuEq ozs (based on a Gold price of US$1,300/oz; Silver US$16.5/oz; Copper US$2.90/lb) exceeds the guidance of 44,000 to 46,000 ozs AuEq.



    https://www.stockwatch.com/New…spx?bid=Z-C%3aKNT-2709043

  • K92 Mining / KNT (CVE)

    FY2020 Earnings Estimate for K92 Mining Inc Issued By Clarus Securities (KNT)


    K92 Mining Inc (CVE:KNT) – Equities research analysts at Clarus Securities lifted their FY2020 earnings estimates for K92 Mining in a research note issued on Thursday, January 10th. Clarus Securities analyst N. Sangmuah now forecasts that the company will earn $0.78 per share for the year, up from their previous forecast of $0.66.
    K92 Mining (CVE:KNT) last posted its quarterly earnings data on Monday, November 26th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$12.27 million for the quarter.
    Separately, Pi Financial decreased their target price on shares of K92 Mining from C$2.10 to C$2.00 and set a “buy” rating for the company in a research note on Friday, September 28th.
    K92 Mining stock opened at C$1.13 on Monday. K92 Mining has a 52 week low of C$0.42 and a 52 week high of C$1.18. The company has a debt-to-equity ratio of 17.95, a current ratio of 0.82 and a quick ratio of 0.52.


    https://www.baseballdailydiges…larus-securities-knt.html

  • K92 Mining / KNT (CVE)

    K92 Announces More High-Grade Kora Drill Results from Kora North Extension


    • Drill Hole KMDD0105 records multiple intersections including 6.00 m at 43.20 g/t Au, 290 g/t Ag and 0.51% Cu (47.66 g/t Au Eq) plus 2.01 m at 4.73 g/t Au, 15 g/t Ag and 1.44% Cu (7.12 g/t AuEq)
    • Drill Hole KMDD0108 records multiple intersections including 8.02 m at 17.16 g/t Au, 5 g/t Ag and 0.54% Cu (18.04 g/t AuEq) plus 7.74 m at 2.53 g/t Au, 159 g/t Ag and 2.82% Cu (8.86 g/t AuEq)
    • Drill Hole KMDD0110 records 3.53 m at 35.73 g/t Au, 16 g/t Ag and 0.28% Cu (36.36 g/t AuEq) plus 5.60 m at 6.83 g/t Au, 2 g/t Ag and 0.12% Cu (7.04 g/t AuEq) plus 3.44 m at 10.78 g/t Au, 5 g/t Ag and 0.59% Cu (11.75 g/t AuEq)
    • Drill Hole KMDD0110A records 6.20 m at 23.59 g/t Au, 6 g/t Ag and 0.50% Cu (24.42 g/t AuEq) plus 5.00 m at 2.77 g/t Au, 38 g/t Ag and 1.22% Cu (5.11 g/t AuEq)

    VANCOUVER, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) -- K92 Mining Inc. (TSX-V: KNT; OTCQX: KNTNF) (“K92” or the “Company”) is pleased to announce results from the continuing diamond drilling of the Kora North Extension.
    The results for the latest 10 diamond drill holes completed from Diamond Drill Cuddies 3 and 4 (DDC3 and DDC4) into the Kora North deposit are summarized in Table 1 below. These results continue to delineate and extend both the K1, K2 lodes as well as the KL structure between the lodes. Long sections showing all holes drilled to date in both K1 and K2 are provided below. Note that KMDD0106 was terminated prior to the projected intersection of K2 due to slow penetration rates through wet broken ground. Table 2 provides details of collar location and hole orientation.
    John Lewins, K92 Chief Executive Officer and Director, states, “In October 2018, the Company reported an updated resource estimate for Kora North comprising a Measured Resource of 154,000 tonnes @ 18.7 g/t Au, 8.9 g/t Ag and 0.5% Cu; an Indicated Resource of 690,000 tonnes @ 11.6 g/t Au, 14.1 g/t Ag and 0.8% Cu and an Inferred Resource of 1.92 million tonnes @ 10.7 g/t Au, 13.3 g/t Ag and 0.7% Cu. The resource estimate was based on results from 80 drill holes as well as over 1,300 face samples. We are now reporting results for a further 10 diamond drill holes which provide not only confirmation of the continuity of the K1 and K2 lodes, but also continue to extend the known vertical and horizontal extent of the lodes.


    http://globenewswire.com/news-…Kora-North-Extension.html

  • K92 Mining / KNT (CVE)

    K92 Mining Inc. (“K92”) Releases Third Quarter Financial Results and Confirms 2018 Production Guidance



    • Production of 9,549 gold ozs or 9,910 gold equivalent (AuEq) ozs for the Quarter at a cost of $742/gold oz or $742/ gold equivalent oz and an all-in sustaining cost of $899/gold oz or $894/gold equivalent oz1
    • Revenue less Cost of Sales for the three months ended September 30, 2018, was US$1,957,539
    • Reaffirms production guidance issuance for 2018 expected to be between 44,000 (previously 42,000) and 46,000 gold equivalent ozs
    • Cash cost guidance for 2018 expected to be US$530 to US$560 per gold equivalent oz, with all-in sustaining costs expected to be US$740 to US$800 per gold equivalent oz1

    https://globenewswire.com/news…4SFYRo9gxMwGV05a55ux6Dg78

  • K92 Mining / KNT (CVE)

    INCREASED RESOURCE FOR KORA NORTH


    2018-11-13 08:56 ET - News Release
    Mr. John Lewins reports
    K92 ANNOUNCES INCREASED RESOURCE FOR KORA NORTH
    An updated resource estimate has been completed at K92 Mining Inc.'s Kora North deposit, based on results from underground grade control, exploration diamond drilling and face sampling. The updated resource estimate comprises a measured resource of 154,000 tonnes at 18.7 grams per tonne gold, 8.9 g/t silver and 0.5 per cent copper; an indicated resource of 690,000 tonnes at 11.6 g/t Au, 14.1 g/t Ag and 0.8 per cent Cu, and an inferred resource of 1.92 million tonnes at 10.7 g/t Au, 13.3 g/t Ag and 0.7 per cent Cu. This represents an increase of over 20 per cent in the contained gold equivalent ounces for the measured and indicated resource and almost 30 per cent for the inferred resource. See the attached table.


    https://www.stockwatch.com/New…spx?bid=Z-C%3aKNT-2683024

  • Teranga Gold / TGZ, TGCDF (TSX, OTC)

    TORONTO, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ; OTCQX:TGCDF) today reported its operating, financial and development results for the three and nine months ended September 30, 2018.
    The Company achieved record third quarter and year-to-date gold production at Sabodala of 56,376 and 185,788 ounces, respectively, and is on track to achieve full year 2018 production of between 235,000 and 240,000 ounces up from the Company’s original guidance range of between 210,000 and 225,000 ounces. Third quarter and year-to-date per ounce costs improved versus the prior year periods, positioning the Company to achieve the lower end of its full year guidance ranges for these metrics.
    “Our team continued to execute successfully, managing the rainy season to achieve another strong operating quarter,” said Paul Chawrun, Chief Operating Officer. “With record year-to-date production at Sabodala in Senegal, we expect 2018 to set a new high for gold production after record-breaking years in 2016 and 2017. This is a testament to our continuous improvement program, which is resulting in improved grades relative to the Sabodala technical report, as well as our ability to manage our per ounce cost metrics.”
    Mr. Chawrun added, “As we near the half-way mark of the project, Wahgnion continues to progress well, with construction on time and in line with latest capital spend estimates. With the added reserves recently announced, we have improved the 5-year profile, increasing annual production and lowering all-in sustaining costs to less than $800 per ounce(1),(3). In addition, we are excited about Golden Hill and remain focused on completing an initial resource estimate for this advanced exploration project in early 2019.”
    “We have a very clear vision – to build a multi-asset, mid-tier gold producer in West Africa. We believe this can be achieved in the next five years,” said Richard Young, President and CEO. “Our producing mine continues to generate strong free cash flows. We have a second mine under construction which, upon completion, is expected to increase annualized consolidated production by 50% to about 350,000 ounces. Additionally, we have a third project, Golden Hill that has the potential to be our third mine and take the Company to mid-tier producer status.”