K92 Mining Inc (OTCMKTS:KNTNF) Stock In Focus After The Latest News
On Tuesday, K92 Mining Inc (OTCMKTS:KNTNF) was in the news after it announced the high grade results from the current underground and surface drilling initiative at the Kora South, Judd, Kora and Judd South deposits.
On Tuesday, KNTNF stock decreased 1.79% to $5.32 with 8.74K shares, compared to volume of 58.75K shares. The stock moved within a range of $5.15 – 5.41 after opening trade at $5.15.
K92 Mining Announces Latest High-Grade Gold & Copper Drill Results at Kora-Kora South and Judd-Judd South; Multiple Dilatant Zones Intersected
The company also announced the results from the diamond drilling at its Kora Northern Deeps target located in the Kainantu Gold Mine situated in Papua New Guinea. The company announced the results from the drilling that had been performed at as many as 89 drill holes. It was noted that the results were positive in nature and also displayed the fact that the Judd-Judd and Kora-Kora South vein systems demonstrated continuity, higher grade and the possibility of expansion.
It was a significant new announcement from the company and one that could lead to major interest in the K92 Mining stock over the course of the week. The Director and Chief Executive Officer of the company John Lewins spoke about the latest developments as well. He noted that the drill results was another demonstration of the sort of growth potential for the two vein systems. The vein systems revealed intersections of copper and high grade gold of significant thickness.