K92 Mining Announces Major Regional Exploration Update: Significant Expansion of Arakompa Deposit, Discovery of Porphyry-Style Mineralization from Arakompa Southernmost Step-Out, and Substantial 3.5 km by 3.5 km New Mineralized System Discovered at Wera

Core Viewpoint - K92 Mining Inc. has announced significant drilling results from its Arakompa project and initial findings from its Wera prospect, indicating strong mineralization and potential for further exploration [1][4][5]. Group 1: Arakompa Project - The latest drilling results include 24 holes, bringing the total to 67 holes from the surface diamond drill program at Arakompa, located 4.5 km from the Kainantu Gold Mine Process Plant [1]. - Drillhole KARDD0065 revealed significant porphyry-style mineralization with 690.4 meters at 0.30% Copper Equivalent (CuEq), starting at 297.0 meters, including 395.3 meters at 0.38% CuEq starting at 349.7 meters [1][3]. - The bulk tonnage zone at Arakompa has been extended to approximately 1,100 meters in strike length and 800 meters in vertical depth, with an average true thickness of 39 meters, indicating strong near-surface bulk mining potential [1][4]. - Significant drill highlights include: - KARDD0061: 96.10 m at 2.64 g/t AuEq - KARDD0046: 62.20 m at 1.08 g/t AuEq - KARDD0067: 48.30 m at 1.34 g/t AuEq - KARDD0052: 75.40 m at 1.04 g/t AuEq - KARDD0041: 32.50 m at 1.73 g/t AuEq [1][4]. Group 2: Wera Prospect - The Wera prospect has been identified as a large 3.5 km by 3.5 km mineralized system located approximately 10 km southwest of the Kora and Judd deposits, with initial results from the maiden greenfields exploration program [1][4]. - High-grade rock chip samples from Wera include values such as 26.30 g/t Au, 25.06 g/t Au, and 23.97 g/t Au, indicating significant mineralization potential [6]. - The exploration at Wera is supported by the arrival of two new surface diamond drill rigs, enhancing the company's drilling capacity for future exploration [5][6]. Group 3: Future Exploration Plans - The company is ramping up exploration efforts with follow-up drilling at Arakompa and the initiation of drilling at Wera, targeting the newly discovered mineralized vein system [5][6]. - The exploration strategy aims to significantly increase drilling activities over the next two years, with a focus on both the Arakompa and Wera projects [5][6].