CORPORATE PROFILE

About K92

K92 Mining Inc is focused on advancing the Kainantu Gold Mine, located in the Eastern Highlands province of Papua New Guinea, towards production. The Kainantu property covers a total area of approx. 410 km2 and was previously mined by Highlands Pacific and Barrick Gold from 2006-2009. K92 Mining Inc. was purpose built for the acquisition of the Kainantu Gold Mine. In addition to targeting a move towards production, K92 will focus on ‎both expanding known areas of mineralization and drilling high priority exploration targets.

K92 is led by an experienced team of industry professionals with substantial international expertise in mining, production start ups, production re-starts, mineral exploration, and finance.

meet the team

Stuart (Tookie) Angus, CHAIRMAN & DIRECTOR

Mr. Angus is an independent business advisor to the mining industry. For the past 30 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. Mr. Angus is the former chairman of the board of B.C. Sugar Refinery Ltd.; he was a director of First Quantum Minerals until June, 2005, a director of Canico Resources Corp. until its takeover by CVRD in 2005, and a director of Bema Gold until its takeover by Kinross Gold in 2007. More recently, he was managing director of mergers and acquisitions for Endeavour Financial, a director of Ventana Gold until its takeover by AUX Canada Acquisition in 2011, and a director of Plutonic Power until its merger with Magma Energy in 2011. He is presently chairman of Nevsun Resources Ltd., which operates one of the highest-grade open-pit copper mines in the world.

Ian Stalker, CEO & DIRECTOR

Mr. Stalker is an international mining executive with 40 years of experience in mine development and operations in Europe, Africa and Australia. Mr. Stalker was the chief executive officer of UraMin Inc., a London-listed and Toronto-listed uranium company, from July, 2005, until its $2.5B acquisition by Areva in August, 2007. Mr. Stalker was a vice-president of Gold Fields Ltd., the world’s fourth-largest gold producer, where he spent considerable time on the ground on its international operations. He has worked his way up from operational roles in the base and precious metals arenas to executive positions in some of the largest mining companies in the world and has successfully managed eight mining projects through feasibility study, development and construction phases. In recent years, Mr. Stalker has been involved in raising in excess of $500-million for various exploration and development projects around the world.

Bryan Slusarchuk, PRESIDENT & DIRECTOR

Mr. Slusarchuk has significant international experience structuring, funding and operating companies involved in mineral exploration, development and production. In addition to experience operationally and in the conducting of equity raises, Mr. Slusarchuk has structured complex debt financing transactions in the United States, Canada and Europe with multiple top tier banks. This includes negotiating and securing the first ever funding of a mineral exploration company by the European Bank for Reconstruction and Development (EBRD). Mr. Slusarchuk is a past TEDx speaker on the topic of capital markets, was a senior advisor at a top tier Canadian brokerage firm, and is a member of multiple mining industry advocacy associations in emerging markets, through which he has regularly advised various governments on the formation of mining policy. He has experience on the Board of and as an officer of multiple publicly traded and private companies in Canada, the United States and Europe.

John Lewins, COO & DIRECTOR

Mr. Lewins is a Mineral Engineer with over 35 years’ experience in the mining industry having worked in Africa, Australia, Asia, North America and the former Soviet Union. He has extensive management experience at the project development, operational and corporate level. Responsible for managing the development and operations of numerous gold mining projects in Australia (Tom’s Gully, Tick Hill & Nolan’s), South Africa (Harmony Central) and Armenia (Ararat/Zod) as well as Lead – Zinc in Australia (McArthur River), Copper in Mongolia (Erdmin) and Platinum in South Africa (Smokey Hills). Former GM with MIM Holdings, MD of Platinum Australia and Exec. Director of African Thunder Platinum SA.

Graham Wheelock, DIRECTOR

Mr. Wheelock is a seasoned geologist and mining professional with 32 years of experience. During that period he has worked in 55 countries globally.  Mr. Wheelock spent the formative years of his career, from 1981 to 1999, with Anglo American and De Beers working with gold and diamonds as a geologist and a manager. From 2000 to 2003 he was Acting General Manager for De Beers Namaqualand Mines in South Africa, responsible for the production of 4.5 million tons per year and 2,300 employees. In 2003 he transferred to De Beers’ head office where he led the industrial intelligence team studying the global diamond industry.

Mark Eaton, DIRECTOR

Mr. Eaton is a graduate from Hull University, England and is an experienced investment professional with over 20 years of experience in equity capital markets specializing in the resource sector. He has held the position of Managing Director of Global Mining Sales, a division of CIBC World Markets of Toronto, and Manager of US Equity Sales for CIBC World Markets. Mr. Eaton is also a former Partner and Director of Loewen Ondaatje McCutcheon Ltd., a Toronto-based investment dealer. Additional to his leadership in institutional mine finance and investment banking, Mr. Eaton has served in management and on the Boards of several public mining companies. Mr. Eaton is the current Executive Chairman and the former Chief Executive Officer (CEO) of Belo Sun Mining Corp.

SAURABH HANDA, DIRECTOR

Mr. Saurabh Handa, CPA, CA, has over ten years of experience in the mining industry and currently serves as the Vice President Finance for Imperial Metals Corp. with prior positions including the Chief Financial Officer for Meryllion Resources Corp., Chief Financial Officer for Yellowhead Mining Inc., the Corporate Controller for SouthGobi Resources Inc. and a Senior Staff Accountant at Deloitte and Touché LLP working in the audit and valuation practices primarily on international mining companies.  Mr. Handa has had involvement in several international jurisdictions and his professional experience has included:  work on primary and secondary IPO listings on the Toronto and Hong Kong Stock Exchanges; experience in various debt and equity financing transactions including convertible debentures, off-take agreements, metal streaming agreements, and, brokered and non-brokered financings; implementation of ERP systems to manage full-scale mining operations; implementation of domestic and international tax planning strategies; and implementation of corporate governance and internal control policies to comply with various stock exchange jurisdictions.  Mr. Handa is a Chartered Professional Accountant certified by the Chartered Professional Accountants of British Columbia and holds a Diploma in Accounting from the University of British Columbia, a Bachelor of Science from the University of British Columbia and a Diploma in Computer Systems and Technology from the British Columbia Institute of Technology.

Justin Blanchet, CFO

Mr. Blanchet has acquired considerable experience in the areas of financial reporting, regulatory compliance, treasury, and audit for both Canadian and U.S. publicly listed companies. He has international experience working on projects throughout the world and is well versed in the requirements of complex regulatory environments and the requirements of International Financial Reporting Standards. Mr. Blanchet is a Canadian Chartered Accountant and a U.S. Certified Public Accountant (Illinois).

Doug Kirwin, ADVISOR

Mr. Kirwin is an independent geologist with 45 years of international exploration experience, including five years in Papua New Guinea. He held senior positions with Anglo American and Amax during the 1970’s and was Managing Director of a successful international geological consulting firm during the 1980’s and early 1990’s. In 1995 he accepted a role as vice president, exploration for Indochina Goldfields and subsequently became the executive vice president for Ivanhoe Mines Limited until 2012 after which Ivanhoe was acquired by Rio Tinto. Mr. Kirwin was also a director of South Gobi Energy, Jinshan Gold and a founding non-executive director of Ivanhoe Australia Ltd.

As a member of the joint discovery team for the Hugo Dummett deposit at Oyu Tolgoi in Mongolia, he was a co-recipient of the PDAC inaugural Thayer Lindsley medal awarded for the most significant international mineral discovery in 2004. Other mineral discoveries made by Mr. Kirwin’s exploration team include the Jelai-Mewet and Seryung epithermal deposits in north east Kalimantan, the Eunsan-Moisan gold mines in South Korea, the Moditaung gold deposits in Myanmar and the Merlin Re-Mo deposit in Australia.

ALEX DAVIDSON, ADVISOR

Mr. Davidson previously served as Executive Vice President, Exploration and Corporate Development, Barrick Gold, responsible for Barrick Gold Corporation’s international exploration programs and corporate development activities. Mr. Davidson joined Barrick in October 1993 as Vice President, Exploration with responsibility for the Company’s expanding exploration program. Mr. Davidson has over 25 years’ experience in designing, implementing and managing gold and base metal exploration and acquisition programs throughout the world. Mr. Davidson is currently a director of multiple companies including gold producer, Yamana Gold. Mr. Davidson was presented the 2005 A.O. Dufresne Award by the Canadian Institute of Mining, Metallurgy and Petroleum to recognize exceptional achievement and distinguished contributions to mining exploration in Canada. In 2003, Mr. Davidson was named the Prospector of the Year by the Prospectors and Developers Association of Canada.

Brian Lueck, ADVISOR

Mr. Lueck has over 25 years experience as an officer and director of Canadian and London public companies involved in mineral exploration, resource definition and feasibility studies. He is a practicing member of the Association of Professional Engineers and Geoscientists of British Columbia and a Member of the Society of Economic Geologists.

ANDREW J. VIGAR, ADVISOR

Mr. Vigar has 38 years of experience in the minerals industry covering areas from regional exploration to mining, corporate and finance. He is a geologist and later studied geostatistics at the University of Queensland, where he still lectures. Mr. Vigar moved to Hong Kong in 2011 to establish Mining Associates Ltd., a global minerals advisory firm, and also works privately in project sourcing and restructuring. Mr. Vigar has extensive experience in Papua New Guinea. He was technical services manager for CRAE (Papua New Guinea), responsible for the Wafi Golpu and Hidden Valley projects in 1995/1996 and continued in a consulting role. He was the bank-appointed auditor on the Lihir gold project 2002/2003 and was the competent person on the Ramu nickel project and Kainantu project 2000 to 2004. In 2005, he undertook a project review, resource estimates and grade control systems for the Tolokuma project. He is currently an advisor to a number of Papua New Guinea companies. He has been a member of the Papua New Guinea Chamber of Mines and Energy since 2004. He has been involved as a consultant on the Kainantu mine since it was initially discovered.

DAISY TAYLOR, PAPUA NEW GUINEA GOVT. & COMMUNITY AFFAIRS ADVISOR, PNG DIRECTOR

Ms. Taylor, born in the Eastern Highlands area where the project is located, has more than 30 years of business leadership experience in Papua New Guinea. Ms. Taylor is currently a Director of two separate real estate companies in Papua New Guinea and previously served as the General Manager of Nokondi Investments, the property development business arm of the Eastern Highlands Provincial Government. Ms. Taylor was also involved in the Electoral Commission Papua New Guinea project, an Australian Government project managed by CARDNO ACIL and was the Project Manager for The Electoral Reform Project, a European Union (EU) funded initiative operated by Transparency International (PNG) which was aimed at promoting democracy and advocacy for electoral reform. Additionally, Ms. Taylor has worked with government, donor countries, and non government organizations at all levels in a variety of roles in project management, budgetary account management, human resource development, training and educational support and development issues. Ms. Taylor has an extensive background in the media industry in both Papua New Guinea and Australia and in the real estate industry.

meet our miners

Mining Contractor – Ken West

  • 20 years experience in underground mining in PNG
  • Developed original decline at Kainantu for Highlands Pacific
  • Experienced in narrow vein mining in PNG

Process Engineers – Mincore/Sun Engineering

  • Australian Process Engineering Company with extensive experience in Asia Pacific including PNG
  • Strong Gold expertise including flotation and gravity concentration
  • Specific experience in refurbishment and rehabilitation of existing processing facilities

Engineering Services – Sun Engineering

  • Australian Engineering Company established in 1975, with over 30 years experience in mining
  • 20 years experience in PNG with focus on mining industry
  • Multiple operating sites in PNG

Mine Planning – Australian Mine Design & Development

  • Major Independent Mining Consultants established in 1989
  • Extensive World side experience, including multiple projects in PNG
  • Strong technical and operational expertise in narrow vein underground mines

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