K92 Mining Updates on Positive Drilling Outcomes at Arakompa
K92 Mining's Drilling Results: An Overview
K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) has shared promising results from its drilling efforts at Arakompa, signaling significant developments for the future of the project. The latest announcement covers the fourth set of drilling results, contributing to a total of 43 holes released as part of the ongoing surface diamond drilling program. This program is notable as it represents the first substantial drilling activity on the Arakompa site in over three decades, amplifying the excitement in the mining community.
Highlighting Key Drilling Discoveries
The drilling results confirm two significant high-grade sub-parallel veins, AR1 and AR2. These veins have been defined to a depth exceeding 500 meters, showcasing impressive strike lengths—approximately 675 meters for AR1 and 775 meters for AR2. Both veins remain open in various directions, showcasing substantial average true thicknesses of 3.14 meters for AR1 and 2.94 meters for AR2. High-grade hit rates are particularly noteworthy, with AR1 achieving a +5 g/t AuEq hit rate of 50%, while AR2 records a rate of 42% in the same category.
Detailed Intersection Highlights
The latest drilling results captured numerous high-grade intersections, adding depth to the findings:
- AR1 Vein: KARDD0033 recorded 11.10 meters at 5.93 g/t AuEq, with notable inclusions adding depth to the excitement.
- AR2 Vein: KARDD0038 shows intersections of 14.50 meters at 17.33 g/t AuEq, marking a robust addition to exploration outcomes.
Bulk Zone Expansion and Future Prospects
In addition to the notable findings of the AR1 and AR2 veins, the latest results have extended the interpreted bulk tonnage zone by approximately 150 meters to the south, now stretching along a strike of 900 meters with an average true thickness of 48 meters. This illustrates strong potential for bulk mining activities in the area.
Finding More High-Grade Veins
The Company is optimistic about delineating additional high-grade veins with increased drill density, aiming to provide a maiden mineral resource estimate for Arakompa by mid-2025. This increases the anticipation surrounding further exploration efforts.
The Arakompa Project: Geological Insights
Arakompa is characterized as an intrusive-related gold-copper-silver epithermal vein system. This system exhibits geological similarities to known producing vein systems like Kora and Judd, yet it notably occurs within tonalite to dioritic rock formations, illustrating the project's unique geological attributes.
The mineralization at Arakompa is extensive, manifesting in pronounced vein lodes as well as a broad envelope of mineralization, suggesting strong potential for bulk mining. Historical surface work has indicated significant mineralization over a strike of at least 1.7 kilometers.
Exploration and Mining Operations at K92
K92 is committed to progressing with exploration and development activities in its surrounding areas while maintaining a strong operational position. The Company declared commercial production from its Kainantu operations a few years back and continues to build a robust mining profile with plans for ongoing expansions.
With the anticipation of a new heli-portable rig to enhance drilling efficiency arriving soon, K92 aims to deepen exploration efforts at Arakompa and leverage its resources effectively to maximize production potential.
Frequently Asked Questions
What recent drilling results has K92 Mining announced?
K92 Mining has reported its fourth drilling result set, confirming the presence of significant high-grade veins AR1 and AR2 at Arakompa.
What are the notable intersections recorded in the recent drilling?
Notable intersections include 11.10 meters at 5.93 g/t AuEq in AR1 and 14.50 meters at 17.33 g/t AuEq in AR2.
How has the exploration area changed with the latest results?
The interpreted bulk tonnage zone has extended southward by approximately 150 meters, now defined over a strike of 900 meters.
What is K92's future goal for the Arakompa project?
K92 aims to deliver a maiden mineral resource estimate for Arakompa by mid-2025, with continued exploration efforts ongoing.
What geological attributes make Arakompa noteworthy?
The project's unique geology features an intrusive-related gold-copper-silver epithermal vein system with similarity to known producing vein systems.
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