K92 announces encouraging new gold vein

THE Arakompa project at the K92 mine represents another vein system similar to the Kora-Judd consolidated corridor, with just as much potential, says K92 vice-president Chris Muller.
K92 announced its first two drill hole results from Arakompa, demonstrating high potential from both the multiple intersections and significant size potential from surface sampling, drill holes and local workings covering a strike of 1.7km, a mineralised corridor of about 150m to 225m wide, and a demonstrated vertical extent of more than 500m.
Chief executive officer John Lewins said Arakompa was also near infrastructure, located closer to the process plant than Kora and Judd, with better terrain for road access up from the Markham Valley, and importantly, represented “a highly prospective” opportunity to potentially grow production at Kainantu beyond the stage four expansion.
“Plans have been actioned to expand the programme at Arakompa in the near term,” he said.