K92 Mining

K92 Mining owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of 50,000 oz AuEq per annum. In 2018, the Measured and Indicated Resource estimate at the Mine increased to 630,000 oz AuEq and the Inferred Resource estimate increased to 2.5 million oz, with combined average grades of over 12 g/t AuEq. Following the completion of a positive Preliminary Economic Assessment lodged in January 2019, K92 is currently aimed towards doubling throughput and production by 2020.