K92 Mining Appoints Christopher Kinver as Project Director, Kora Expansion at Kainantu GOLD MINE
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 APPOINTS CHRISTOPHER KINVER AS PROJECT DIRECTOR, KORA
EXPANSION AT KAINANTU GOLD MINE
Vancouver, British Columbia, June 6, 2022 - K92 Mining Inc . (“K92” or the “ Company”)
(TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Christopher Kinver
as Project Director, Kora Expansion. Mr. Kinver will lead the team that is responsible for the
delivery of the Stage 2A and Stage 3 Expansions of the Kainantu Mine. Mr. Kinver joined K92 in
September 2019, developing a strong knowledge of the Kainantu Gold Mi ne and operating in
Papua New Guinea, initially as Kainantu’s Mining Manager and most recently the Evaluations and
Studies Manager.
Mr. Kinver is a Mining Engineer with approximately 20 years of experience in the mining industry,
predominantly in senior management roles in underground operations and mine development with
senior, intermediate and junior mining companies in Australia, Papua New Guinea, South
America, Africa and the United Kingdom. Prior to joining K92, Mr. Kinver was with OceanaGold
Corporation as the Project Manager for Didipio Underground for approximately 3 years,
successfully transitioning the operation from an open pit to a 1.6 mtpa long hole stoping
underground operation. Other senior management roles include: Underground Mine Manager with
BHP Billiton at the Perseverance Nickel Mine, one of the largest underground operations in
Western Australia; Underground Mine Manager with Barrick Gold Corporation at the Plutonic
Gold Mine in Western Australia ; and Principal Engineer at mining consulting firm Wardell
Armstrong LLP.
Mr. Kinver holds a Bachelor of Engineering in Mining and Mineral Engineering with Honours
from Camborne School of Mines and a First Class Western Australian Mine Managers’ Certificate.
He holds registrations with the Institute of Engineers Austral ia, The Engineering Institution of
Zambia, and Registered Engineers of Tanzania.
John Lewins, K92 Chief Executive Officer and Director, stated, “ We are very pleased with the
appointment of Christopher Kinver to the role of Project Director, Kora Expansion . Mr. Kinver
will lead the team responsible for executing the Stage 2A and the Stage 3 Expansions, and brings
to bear significant senior management experience and a strong project development track record,
including the successful development of Didipio Underground in the Philippines with OceanaGold
- an operation with a similar mining method and higher throughput than the Kainantu Stage 3
Expansion. Importantly, Mr. Kinver has a tremendous familiarity with Kainantu and operating in
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Papua New Guinea , with almost 3 years’ experience with K92. Mr. Kinver is currently at site
advancing the project.”
About K92
K92 Mining Inc. is engaged in the production of gold, copper and silver from the Kora and Judd
deposits at the Kainantu Gold Mine in the Eastern Highl ands 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 and is in a strong
financial position.
The Company commenced an expansion of the mine based on an updated Preliminary Economic
Assessment on the property which was published in January 2019 and updated in July 2020. 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 at +1-604-416-4445
CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news release
includes certain “forward -looking statements” under applicable Canadian securities legislation. All
statements in this news release that address events or developments that we e xpect 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”, “p otential”, “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 stateme nts 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 assumptions 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 COVID-19 Pandemic; changes in the price of gold, silver, copper and other
metals in the world markets; fluctuations 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;
the fact that a feasibility studying of mineral reserves demonstrating economic and technical viability has
not been prepared for the Kainantu Mine; 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; 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 as sessments; the
Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of
inputs; the price and market for outputs, including gold, silver and copper; inability of the Company to
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identify appropriate acquisition targets or complete desirable acquisitions; 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 con flict in Ukraine; 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 jurisdictions it operates;
other assumptions and factors generally associated with the mining industry; and the risks, uncertainties
and other factors referred to in the Company’s Annual Informa tion 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, should mining occur. 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. Altho ugh 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.