K92 Mining Announces Retirement of Philip Samar from Executive Role, Transition to Senior Advisor

Core Viewpoint - K92 Mining Inc. announces the retirement of Philip Samar as Vice President, Government and Community Affairs, who will continue to support the company as a senior advisor [1][5]. Group 1: Leadership Transition - Philip Samar joined K92 in January 2019 and has over two decades of experience in Papua New Guinea's mining sector [2]. - Samar previously served as Managing Director of the Mineral Resources Authority from 2012 to 2018, where he influenced Papua New Guinea's mineral policies and major mining project licensing [2]. - His leadership at K92 has been crucial in advancing the Kainantu Gold Mine's development and permitting processes [3][4]. Group 2: Contributions and Impact - Samar has strengthened relationships with government, communities, and stakeholders, significantly enhancing K92's external affairs strategy [3][4]. - His commitment to sustainable development and local capacity-building has been a hallmark of his tenure, contributing to long-term value creation for Papua New Guinea [5]. - The company expresses confidence in a smooth transition and continued positive momentum due to the strong team and established frameworks in place [5]. Group 3: Company Overview - K92 Mining Inc. is engaged in gold, copper, and silver production at the Kainantu Gold Mine in Papua New Guinea and is focused on exploration and development of nearby mineral deposits [6]. - The company declared commercial production from Kainantu in February 2018 and aims to become a Tier 1 mid-tier producer through ongoing plant expansions [6].