K92 Mining Announces Major Operational Milestone With First Production and Official Inauguration of the Stage 3 Expansion Process Plant

Core Points - K92 Mining Inc. has produced its first commercial grade gold-copper-silver concentrate and plans to start shipments from its new 1.2 million tonnes per annum Stage 3 Expansion process plant at the Kainantu Gold Mine in Papua New Guinea [1] - The Official Inauguration Ceremony on October 16 was attended by key stakeholders, including the Prime Minister of Papua New Guinea, who witnessed a gold pour producing 458 ounces of doré [2][13] - The Stage 3 Expansion Process Plant is on track for commissioning completion in the first half of Q4 and was delivered under budget, with 90% of the budget spent or committed as of September 30, 2025 [3] - The CEO of K92 expressed satisfaction with the achievement of inaugural production, highlighting the collaboration of the workforce and partners [4] - The company aims to advance towards Tier-1, mid-tier producer status, emphasizing the long-term benefits of the Stage 3 Expansion for employees and communities [6] Company Overview - K92 Mining Inc. is engaged in the production of gold, copper, and silver at the Kainantu Gold Mine in Papua New Guinea and is focused on exploration and development of mineral deposits in the area [7] - The company declared commercial production from Kainantu in February 2018 and is in a strong financial position, working towards becoming a Tier 1 mid-tier producer through ongoing plant expansions [7]