K92 Mining Announces Election of Michael Carew to the Board of Directors
Suite 488 - 1090 West Georgia Street
Vancouver, British Columbia
Canada V6E 3V7
Telephone: +1 (604) 416-4445
Facsimile: +1 (604) 608-9110
www.k92mining.com
NEWS RELEASE
K92 MINING ANNOUNCES ELECTION OF MICHAEL CAREW TO THE BOARD OF
DIRECTORS
Vancouver, British Columbia, May 29, 2026 - K92 Mining Inc. (“K92” or the “Company”) (TSX:
KNT; OTCQX: KNTNF) is pleased to announce that Michael Carew was elected to the Company’s
Board of Directors at the Company’s annual general meeting of shareholders held earlier today.
Dr. Carew is a geologist with over 25 years of corporate , technical and capital markets experience in
the mining industry. He brings both regional and near -mine mineral exploration experience gained
through roles with several major and junior mining and exploration companies, including BHP Billiton
Limited, Mount Isa Mines Limited and Ivanhoe Mines Ltd . He has worked on a variety of uranium,
base and precious metal ore deposits across Australia, North America and Asia.
Since August 2020, Dr. Carew has worked as a consultant in a variety of executive and non-executive
roles, including serving as Vice President, Corporate Development for Papua New Guinea explorer
Great Pacific Gold Corp. from November 2024 to May 2026. He has also advised on the due diligence
of exploration projects at various stages of development and held senior corporate development and
executive roles with several junior resource companies.
From 2013 to 2020, Dr. Carew was a Mining Research Analyst at Haywood Securities Inc., where he
evaluated companies and projects ranging from early and advanced stage exploration, resource and
development to production.
Dr. Carew currently serves as a Director and Audit Committee member of Military Metals Corp. (CSE)
and CEO of Walhalla Gold Corp (CSE) and will join K92's Audit Committee and Health and Safety
Committee.
He holds a BSc (Hons) from Monash University, Melbourne, and a PhD in Economic Geology from
James Cook University, Australia.
John Lewins, K92 Chief Executive Officer and Director, stated, “Dr. Carew brings a strong
combination of technical, exploration, capital markets and corporate development expertise to the K92
Board. His extensive experience evaluating mining and exploration projects, and working in Papua
New Guinea and across the broader mining industry will provide valuable insight as K92 continues to
execute on its growth strategy. We are delighted to welcome Mick to the Board and look forward to his
contributions.”
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About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in
the Eastern Highlands province of Papua New Guinea, as well as exploration and development of
mineral deposits in the immediate vicinity of the mine. The Company declared commercial production
from Kainantu in February 2018, is in a strong financial position, and is working to become a Tier 1
mid-tier producer through ongoing expansions. A maiden resource estimate on the Blue Lake copper -
gold porphyry project was completed in August 2022. K92 is operated by a team of mining company
professionals with extensive international mine-building and operational experience.
On Behalf of the Company,
John Lewins, Chief Executive Officer and Director
For further information, please contact David Medilek, P.Eng., CFA, President and Chief Operating
Officer at +1-604-416-4445
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news
release includes certain “forward-looking statements” under applicable Canadian securities legislation. Such
forward-looking statements include, without limitation: (i) statements regarding the expansion of the mine and
development of any of the deposits; (ii) the Kainantu Stage 4 Expansion; and (i ii) the potential extended life of
the Kainantu Mine.
All statements in this news release that address events or developments that we expect to occur in the future are
forward-looking statements. Forward -looking statements are statements that are not historical facts and are
generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”,
“target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar
expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”,
“should” or “might” occur. All such forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made. Forward -looking statements are necessarily based on
estimates and assumption s that are inherently subject to known and unknown risks, uncertainties and other
factors, many of which are beyond our ability to control, that may cause our actual results, level of activity,
performance or achievements to be materially different from those expressed or implied by such forward-looking
information. Such factors include, without limitation, Public Health Crises, including the epidemic or pandemic
viruses; changes in the price of gold, silver, copper and other metals in the world markets; fl uctuations in the
price and availability of infrastructure and energy and other commodities; fluctuations in foreign currency
exchange rates; volatility in price of our common shares; inherent risks associated with the mining industry,
including problems related to weather and climate in remote areas in which certain of the Company’s operations
are located; failure to achieve production, cost and other estimates; risks and uncertainties associated with
exploration and development; uncertainties relating to estimates of mineral resources including uncertainty that
mineral resources may never be converted into mineral reserves; the Company’s ability to carry on current and
future operations, including development and exploration activities at the Arakompa, Kor a, Judd and other
projects; the timing, extent, duration and economic viability of such operations, including any mineral resources
or reserves identified thereby; the accuracy and reliability of estimates, projections, forecasts, studies and
assessments; the Company’s ability to meet or achieve estimates, projections and forecasts; the availability and
cost of inputs; the availability and costs of achieving the Stage 4 Expansion; the ability of the Company to
achieve the inputs the price and market for out puts, including gold, silver and copper; failures of information
systems or information security threats; political, economic and other risks associated with the Company’s
foreign operations; geopolitical events and other uncertainties, such as the conflic ts in Ukraine, Israel and
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Palestine; compliance with various laws and regulatory requirements to which the Company is subject to,
including taxation; the ability to obtain timely financing on reasonable terms when required; the current and
future social, economic and political conditions, including relationship with the communities in Papua New
Guinea and other jurisdictions it operates; other assumptions and factors generally associated with the mining
industry; and the risks, uncertainties and other factors referred to in the Comp any’s Annual Information Form
under the heading “Risk Factors”.
Estimates of mineral resources are also forward -looking statements because they constitute projections, based
on certain estimates and assumptions, regarding the amount of minerals that may be encountered in the future
and/or the anticipated economics of production. The estimation of mineral resources and mineral reserves is
inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are
not mineral reserves do not have demonstrated economic viability. The accu racy of any such estimates is a
function of the quantity and quality of available data, and of the assumptions made and judgments used in
engineering and geological interpretation, Forward-looking statements are not a guarantee of future
performance, and actual results and future events could materially differ from those anticipated in such
statements. Although we have attempted to identify important factors that could cause actual results to differ
materially from those contained in the forward-looking statements, there may be other factors that cause actual
results to differ materially from those that are anticipated, estimated, or intended. There can be no assurance
that such statements will prove to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking
statements. The Company disclaims any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise, except as required by law.