5.4 metres at 11.68 g/t Au, 25.5 g/t Ag and 1.33 % Cu including 0.75 metres at 71.94 g/t Au, 168.7 g/t Ag and 8.51 % Cu intercepted in first completed exploration hole targeting extensions of the [...]
As of December 31, 2016
* 21,215,167 common shares are subject to 18 month escrow, with 25% release every 6 months
** Warrants include:
12,138,052 exercisable at $0.50 expiring Nov. 20, 2017
7,078,255 exercisable at $1.50 expiring July 20, 2017 [K92 can force the acceleration of these warrants at its sole discretion with 30 days notice]
1,829,061 exercisable at $1.75 expiring July 25, 2017
14,386,666 exercisable at $0.75 expiring March 21, 2018
K92's Management Team has been involved in building over 20 mines and $5B in buyouts combined.
Including camp, mill, offices and underground development. Well secured with no peace and order issues.
Significant exploration potential for the discovery of further high grade gold vein deposits and copper-gold porphyry deposits.
NI 43-101 Compliant Resource of 1.84Moz @ 11.6 g/t AuEq Inferred and 240,000 oz @ 13.3 g/t AuEq Indicated
All Financial Statements and Management Discussion & Analysis can be found at www.sedar.com.
Financial statements can be found on SEDAR at www.sedar.com.