K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) announces that the Kainantu Gold Mine, settled in chain of mountains Province, Papua New Guinea is working commonly when experiencing an outsized earthquake yesterday.
On 11th September at 9:46 Am Papua New Guinea time, a 7.6 magnitude earthquake was recorded more or less sixty five kilometer east of the mine site and at a depth of ninety km. in keeping with our protocols, operations were concisely suspended to complete the scrutiny of the underground mine, surface infrastructure and therefore the health and successfulness of our personnel.
We tend to are happy to report that the underground was inspected and promptly cleared to resume operation. Surface infrastructure, as well as the Tailings Storage Facility that has specialized watching instrumentation installed, according no important impacts. The process Plant reported minor injury to 2 pumps and associated pipes, which resulted in stoppage of roughly eight hours for repairs. Importantly, there have been no injuries to our personnel.
John Lewins, K92 Chief military officer and Director, stated, “The earthquake tough is one among the biggest recorded within the Kainantu region for over 100 years. The operation considers seismicity in its style and that we are happy with the resilience shown when this earthquake, with the operation quickly resuming after adhering to protocols. we tend to are presently gathering info and fascinating with our encompassing communities and can look to be of assistance.”
K92 Mining Inc. is engaged within the production of gold, copper and silver at the Kainantu Gold Mine in the chain of mountains province of island New Guinea, furthermore as exploration and development of mineral deposits in the immediate neighborhood of the mine. The corporate declared industrial production from Kainantu in Gregorian calendar month 2018, is in a very robust money position. K92 is operated by a team of company.