KAINANTU area miner K92 Mining Inc. has released further promising results from its continuing diamond drilling programme at the Kora North Extension.
Results from Hole KMDD0098 recorded multiple intersections including 4.54 m at 58.63 g/t Au, 6 g/t Ag and 0.63% Cu (59.63 g/t AuEq) plus 7.70 m at 8.81 g/t Au, 63 g/t Ag and 0.58% Cu (10.49 g/t AuEq) plus 1.92 m at 3.74 g/t Au, 17 g/t Ag and 0.97% Cu (5.44 g/t AuEq) plus 1.45 m at 3.67 g/t Au, 6 g/t Ag and 0.63% Cu (4.70 g/t AuEq).
Results from Hole KMDD0097 recorded multiple intersections including 4.15 m at 20.83 g/t Au, 7 g/t Ag and 0.20% Cu (21.21 g/t AuEq) plus 8.25 m at 5.91 g/t Au, 7 g/t Ag and 0.49% Cu (6.76 g/t AuEq) plus 2.00m at 3.01 g/t Au, 13g/t Ag and 1.91% Cu (6.09 g/t AuEq). See Table 1 below for a summary of drill results including true widths.
The company said results from Diamond Drill Cuddies 2 & 3 (DDC2 & DDC3) continue to extend both the K1 and K2 lodes while also further delineating the KL structure and confirming its continuity. Long sections showing all holes drilled to date in both K1 and K2 is provided below.
“The results continue to extend the known extent of both the K1 and K2 vein systems along strike and vertically, increasing our confidence in the continuity of these high-grade vein systems,” K92 CEO John Lewins said.
“We will shortly commence a further update of the Kora North Resource estimate, incorporating all holes completed since the last resource update as well as the results from the holes currently being drilled. We anticipate that this updated resource estimate will be completed in the coming month.”
The current Kora/Eutompi Inferred Resource, as defined by previous drilling to date, is 4.36 million tonnes at a grade of 7.3 g/t Au, 35 g/t Ag and 2.23 per cent Cu, or 11.2 g/t gold equivalent (see Table 3) and is open for expansion at depth and in both directions along strike.