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K92 says mining lease extension granted for Kainantu gold mine, approves its expansion

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K92 says mining lease extension granted for Kainantu gold mine, approves its expansion

K92 Mining Inc. (TSXV:KNT) is pleased to announce that the Papua New Guinea Department of Mining has granted the company a three-year extension to its Kainantu gold mine lease.

The extension will allow K92 to continue its operations at the Kainantu gold mine without interruption and also provides the company with the opportunity to expand its operations at the mine.

K92 is currently in the process of expanding the Kainantu gold mine, which is expected to increase production at the mine by 50%.

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We are very pleased to have received this extension to our lease, which will allow us to continue our operations at the Kainantu gold mine and expand our operations at the mine. We are confident that the expansion of the Kainantu gold mine will be a success and we look forward to continued success at the mine.

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