VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce production results for the third quarter (“Q3”) of 2025 from its Kainantu Gold Mine in Papua New Guinea. Q3 2025 Production Results Strong quarterly production of 44,323 ounces gold equivalent (“AuEq”)(1) or 42,244 oz gold, 1,323,538 lbs copper and 34,831 oz silver (Figure 1). Quarterly sales of 45,006 oz gold, 1,480,151 lbs copper and 43,271 oz silver. With ...

Core Insights - King Copper Discovery Corp has appointed Mr. Justin Blanchet to its Board of Directors, bringing over 20 years of experience in finance, capital markets, M&A, governance, and regulatory compliance [1][2] - Mr. Blanchet is currently the Chief Financial Officer of K92 Mining Inc., which operates the Kainantu Gold Mine in Papua New Guinea [2] - The company has granted stock options for 4,050,000 common shares at an exercise price of $0.50 per share, valid for five years [3] - Additionally, 6,990,000 restricted stock units (RSUs) have been granted with a two-year vesting period [4] Company Overview - King Copper is a TSXV-listed exploration company focused on the Colquemayo gold-copper project in South America [6]

K92 Mining Responds to South Pacific Metals Corp. / Kainantu Resources Limited Claims Regarding Their Exploration Licence 2558September 18, 2025 3:36 PM EDT | Source: K92 Mining Inc.Vancouver, British Columbia--(Newsfile Corp. - September 18, 2025) - K92 Mining Inc. (TSX: KNT) (OTCQX: KNTNF) ("K92" or the "Company") responds to recent legal correspondence and press releases from South Pacific Metals Corp. ("SPMC") and its subsidiary, Kainantu Resources Limited ("KRL") regarding Exploration Lic ...

VANCOUVER, British Columbia, Sept. 11, 2025 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce its fifth set of drilling results consisting of 24 holes for total results of 67 holes released to date from its maiden surface diamond drill program at Arakompa, located approximately 4.5 km from the Kainantu Gold Mine Process Plant in Papua New Guinea. Additionally, K92 is pleased to report initial results from its maiden greenfields exploration program a ...

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].

Core Insights - Great Pacific Gold Corp. has announced significant results from its expanded Phase 1 diamond drill program at the Wild Dog Project in Papua New Guinea, highlighting the potential for a major gold-copper deposit [1][3][22] Drilling Results - Hole WDG-08 reported an impressive intercept of 8.4 meters at 49.9 grams per tonne (g/t) gold equivalent, including a high-grade zone of 3.8 meters at 105 g/t AuEq [3][5] - The Sinivit target has shown high-grade near-surface mineralization, with nine out of twenty-eight planned holes completed, totaling 1,214 meters of the 5,000-meter program [5][10] - Assay results are pending for hole WDG-09, located approximately 60 meters north of WDG-08, which is expected to provide further insights into the mineralization [5][11] Project Overview - The Wild Dog Project features a 15 km structural corridor with confirmed high-grade mineralization and potential for continuity along strike and at depth [3][10] - The Phase 1 program commenced in May 2025 and is designed to test the Sinivit target, which has a 1.5 km strike length within the broader epithermal vein system [9][10] - The company is also preparing for a potential maiden drilling program at the adjacent Magiabe porphyry target in 2026 [3][10] Future Plans - The expanded drilling program is expected to continue into early 2026, with a total of 28 diamond drill holes planned [10][18] - The company aims to increase field activity on the Magiabe porphyry target while continuing to explore the Wild Dog epithermal system [3][10] Quality Assurance - The company adheres to industry best practices for Quality Assurance and Quality Control, with samples submitted to an ISO 9001-certified laboratory [16][17]

Core Insights - Great Pacific Gold Corp. has reported significant findings from its Wild Dog Project in Papua New Guinea, highlighting both an extensive epithermal system and the potential for a major porphyry system nearby [1][3][5]. Group 1: Project Overview - The Wild Dog Project is located on New Britain Island, Papua New Guinea, and features a large-scale epithermal target with a strike length of over 15 kilometers and a depth extension exceeding 1,000 meters [1][5][32]. - A diamond drill program is currently in progress, targeting high-priority areas within a 1.5 km strike length of the epithermal vein structural corridor [2][5]. Group 2: Drilling Results - Drilling results from the Phase 1 program have shown high-grade mineralization, with hole WDG-02 intercepting 7.0 meters at 11.2 g/t AuEq, which includes 5.5 g/t Au, 68.8 g/t Ag, and 3.1% Cu [2][5][32]. - The current drilling program is only testing about 10% of the overall structure, indicating significant potential for further discoveries [5]. Group 3: Geophysical Survey Insights - The MobileMT geophysical survey has revealed the scale of the epithermal system and indicated the presence of a substantial porphyry system adjacent to the epithermal vein structure, similar to the Wafi-Golpu project [3][11]. - The processed MobileMT data has identified a large resistivity and magnetic anomaly at the Magiabe target, interpreted as a potassic-altered intrusive body measuring approximately 1,000 meters in diameter and extending to over 2,000 meters in depth [11][20]. Group 4: Future Exploration Plans - The Magiabe target is expected to be a priority for exploration, with plans to advance it towards drill-readiness by 2026, including detailed mapping and additional geochemical sampling [19][20]. - Great Pacific Gold anticipates initiating the first drill testing of the Magiabe porphyry system by 2026, leveraging its strong geophysical and geochemical signatures [20][32].

Core Viewpoint - K92 Mining Inc. has announced the promotion of Stanley Komunt to Vice President of Community Affairs and External Relations, and the appointment of Felix Kipalan as General Manager of Community Affairs, enhancing the company's commitment to responsible mining and sustainable development [1][5]. Group 1: Leadership Appointments - Stanley Komunt has over 25 years of experience in the mining industry, focusing on corporate governance, stakeholder engagement, and risk management. He joined K92 in early 2025 and previously held senior roles at Newcrest Mining Limited and other companies [2]. - Felix Kipalan brings over 20 years of experience in environmental, social performance, and sustainability, with a strong background in stakeholder expectations and sustainable development. He has held senior positions at Lihir Gold Limited, Newcrest Mining Limited, and Newmont Corporation [3]. Group 2: Company Overview - K92 Mining Inc. operates the Kainantu Gold Mine in Papua New Guinea, producing gold, copper, and silver. The company declared commercial production in February 2018 and aims to become a Tier 1 mid-tier producer through ongoing plant expansions [5]. - The company is in a strong financial position and has completed a maiden resource estimate on the Blue Lake copper-gold porphyry project in August 2022 [5].

Core Update - Great Pacific Gold Corp. has provided an update on its asset divestitures in Victoria, Australia, including the sale of non-core assets to Adelong Gold Limited [1][2] Asset Sales - The company sold the Golden Mountain and Lauriston Projects to Adelong, receiving total cash payments of AUD $850,000 and share issuances totaling AUD $750,000 [2] - Deferred payments include AUD $1,100,000 in Adelong shares, AUD $2.0 million in milestone payments for the Lauriston Project, and a 2% NSR on Lauriston [2] Recent Transactions - A binding assignment agreement was made with an individual investor to sell current Adelong shares and Future Consideration for an immediate payment of AUD $2,058,000 (approximately $1,830,000) [3] - The transaction has been completed, and the company has no further rights or obligations under previous agreements with Adelong [3] Remaining Assets - The company retains 3.6 million shares in Golden Cross Resources Inc., valued at approximately $2,200,000 [4] Walhalla Project Spin-out - The only remaining tenements are the Walhalla Project, covering over 1,400 km², which includes the Pinnacles target, ready for immediate drilling [5] - A 1:1 spin-out of the Walhalla Project to shareholders was announced, with an Arrangement Agreement resulting in AUD $1,500,000 received [6][7] - Progress is being made on the spin-out, including the preparation of a NI43-101 technical report and financial statements [7] Regulatory Approval - The spin-out transaction is subject to approval from the TSX Venture Exchange and conditions outlined in the June 23, 2025 news release [8] Company Overview - Great Pacific Gold focuses on exploration-stage projects in Papua New Guinea, with core projects including the Kesar Project, Tinga Valley Project, Wild Dog Project, and Arau Project [10][12][15]

Core Viewpoint - K92 Mining Inc. reported strong financial and operational results for Q2 2025, with significant increases in production, revenue, and net income, positioning the company well for future growth and expansion [1][5][8]. Production - The company produced 34,816 ounces of gold equivalent (AuEq), which includes 32,375 ounces of gold, 1,536,505 pounds of copper, and 42,824 ounces of silver, marking a 43% increase from Q2 2024 [5][11]. - The first half of 2025 saw a total production of 82,633 ounces AuEq, exceeding budget expectations, with the second half anticipated to be the strongest [5][8]. - The head grade was reported at 8.9 grams per tonne (g/t) AuEq, with strong metallurgical recoveries of 93.3% for gold and 94.9% for copper [5][11]. Financials - Quarterly revenue reached $96.3 million, a 102% increase from Q2 2024, while net income was $39.2 million, representing a 539% increase [5][11]. - Operating cash flow for the quarter was $47.0 million, with EBITDA of $59.7 million [5][11]. - The company reported a record cash position of $182.9 million, including a net cash position of $123.8 million [5][8]. Growth - K92 is advancing its Stage 3 Expansion, with 86% of the growth capital either spent or committed as of June 30, 2025 [5][8]. - The commissioning of the new 1.2 million tonnes-per-annum Stage 3 Process Plant commenced in June 2025, with completion expected in Q4 2025 [5][7]. - Exploration activities are increasing, with multiple drill rigs operating at various sites, indicating a focus on expanding mineral resources [9]. Exploration - Significant high-grade intercepts were reported from the Kora and Judd deposits, indicating potential for near-term bulk mining [5][10]. - Notable intersections include 12.80 meters at 31.89 g/t AuEq from the K2 Vein, highlighting the potential for further resource expansion [5][10].