K92 Mining Announces Strong Q4 Production Results – Record Annual Production, Multiple Operational Records, Upper End of Production Guidance Achieved, and Stage 3 Expansion Process Plant Commissioning Completed

Core Viewpoint - K92 Mining Inc. reported strong production results for Q4 2025 from its Kainantu Gold Mine, achieving record annual production and sales, and successfully completing the commissioning of the Stage 3 Expansion Process Plant, positioning the company for further growth in 2026 [1][7][9]. Q4 2025 Production Results - Quarterly production totaled 47,178 ounces of gold equivalent (AuEq), including 44,129 ounces of gold, 1,940,781 pounds of copper, and 47,427 ounces of silver [4]. - Quarterly sales reached 41,344 ounces of gold, 1,726,051 pounds of copper, and 44,317 ounces of silver [4]. - Annual production was 174,134 ounces AuEq, with 164,484 ounces of gold, 5,942,203 pounds of copper, and 159,309 ounces of silver, marking a 16% increase from 2024 [4][10]. Stage 3 Expansion - The commissioning of the new 1.2 million tonnes-per-annum Stage 3 Expansion Process Plant was completed in December 2025, achieving strong performance with recoveries exceeding design parameters [8][9]. - Daily throughput records of 3,822 tonnes and 3,794 tonnes were achieved in December [4]. Mining and Development - Record quarterly ore processed was 186,198 tonnes, a 93% increase from Q4 2024, with a head grade of 8.0 grams per tonne AuEq [4]. - Total material mined reached 404,205 tonnes, with significant advancements in mine development, including a record of 2,787 metres [4]. Infrastructure and Operational Improvements - Significant progress was made on key infrastructure projects, including the underground Pastefill Plant and Surface Tailings Filtration Plant, with commissioning scheduled for mid-Q1 2026 [4][9]. - Ventilation upgrades were completed, increasing primary mine airflow by 30% and enhancing productivity [4]. Financial Position and Future Outlook - The company reported a record net-cash position and is well-positioned for further growth in 2026, with multiple projects nearing completion expected to unlock additional productivity [9].