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.
John Lewins, CEO & 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.
Ian Stalker, 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.
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).
Terry Smith, General Manager
Chris Muller, VP Exploration
Chris Muller is a geologist with 19 years of experience in open pit and underground mine, near mine, brownfields and greenfields exploration, in Papua New Guinea, Mongolia, China, Ghana, Indonesia and Thailand. He holds a Bachelor of Science degree (majoring in geology and geophysics), a degree with first class honours in economic geology and a PhD in plate tectonics using rhopaloceran genetics. Chris has worked on a range of mineral deposit styles, including porphyry Cu/Au, epithermal and skarn precious and base metal, carbonate – base metal and Archean gold deposits. Chris has been directly involved in several important mineral finds during his career, including the discovery of additional porphyry deposits that led to the world class status of the Wafi/Golpu project in Papua New Guinea.
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.