$KNT.TO

K92 Mining Reports Additional High-Grade Drill Results From Arakompa

K92 Mining (KNT.TO) after the close on Thursday released its sixth set of drilling results from its maiden surface diamond drill program at Arakompa, located about 4.5 kilometers from the company's Kainantu Gold Mine process plant in Papua New Guinea.The latest results consist of 33 holes, bringing the total number of holes released to date to 100.The company said all drill holes at Arakompa intersected mineralization, with 40 intersections exceeding 5 grams per tonne gold equivalent (AuEq) and 20 intersections exceeding 10 g/t AuEq.K92 Mining said multiple high-grade intersections were recorded at the AR1 Vein at the Arakompa prospect, adding that the increased drill density expanded the near-surface high-grade zone, which is now defined over approximately 300 meters of vertical extent and up to 400 meters of strike length, starting at a depth of 100 meters. Within this zone, the weighted average grade was 9.47 grams per tonne AuEq and the average true width was 4.32 meters.K92 Mining also reported multiple high-grade intercepts at the AR2 Vein at the Arakompa prospect. The highlights included hole KARDD0084G, which returned 4.70 meters grading 41.90 grams per tonne AuEq.Hole KARDD0104 returned 6.80 meters grading 15.21 g/t AuEq, including 2.00 meters grading 49.00 g/t AuEq. Hole KARDD0090 returned 3.40 meters grading 20.31 g/t AuEq, including 0.90 meters grading 71.63 g/t AuEq. Additional results included hole KARDD0073, which returned 8.00 meters grading 6.72 g/t AuEq, hole KARDD0105, which returned 3.60 meters grading 5.02 g/t AuEq, and hole KARDD0091, which returned 1.40 meters grading 7.51 g/t AuEq."The latest results from Arakompa represent another important step in advancing the discovery towards a maiden resource estimate planned for mid-2026. Drilling continues to demonstrate a large, near-surface mineralized system, highlighted by the significant expansion and improved continuity of the AR1 high-grade zone and the delineation of a substantial high-grade bulk tonnage zone. Increased drill density is enhancing our geological confidence while also highlighting the potential for grade profile upgrades through ongoing infill and step-out drilling," said chief executive John Lewins.Shares of the company closed up $0.39 at $23.87 on Toronto Stock exchange.

RBC Precious Metals Price Target Changes Brief: B2Gold To US$5.75 From $6.50; Centerra To C$30 From $31; DPM To C$58 From $63; Eldorado To US$39 From $50

RBC Precious Metals Price Target Changes Brief: B2Gold To US$5.75 From $6.50; Centerra To C$30 From $31; DPM To C$58 From $63; Eldorado To US$39 From $50

RBC Precious Metals Price Target Changes Brief: Artemis To C$60 From $62; K92 To C$44 From $46; OceanaGold To C$72 From $78; Alamos To US$52 From $63

RBC Precious Metals Price Target Changes Brief: Artemis To C$60 From $62; K92 To C$44 From $46; OceanaGold To C$72 From $78; Alamos To US$52 From $63

RBC Precious Metals Price Target Changes Brief: Bank Says Revised Estimates Reflect Updated Commodity Price Assumptions

RBC Precious Metals Price Target Changes Brief: Bank Says Revised Estimates Reflect Updated Commodity Price Assumptions

South Pacific Metals Highlights Ontenu NE Project Key Drill Results; Octavio Garcia appointed Exploration Manager

South Pacific Metals (SPMC.V) said on Wednesday that results from the maiden drill program at its Ontenu NE project in Papua New Guinea confirmed gold mineralization in five of the seven holes drilled.The company cited high-grade intercepts on the K92 corridor: at the Onki zone (peak 9.92 g/t gold re-assay, 2.35% copper) and Jorkol zone, assaying 3.16 g/t gold, 0.62% Cu, 96 g/t Ag with 602 parts per million bismuth). It said mineralization confirms it is drilling within a mineralised hydrothermal system and added ongoing drilling will target the productive, high-grade parts of the veins.Wednesday's statement noted seven holes for 2,266 metres have been completed to date within the wider Osena Project area on the Kainantu Transfer Zone, the same regional structural corridor that hosts K92 Mining's (KNT.TO) producing Kainantu gold-copper mine. Assays have been received for six holes; the seventh is pending. Holes 8 and 9 are currently being drilled.South Pacific also appointed Octavio Garcia as exploration manager, who will be responsible for geological and exploration supervision across the company's projects. He has 30 years of mineral exploration experience, including in Papua New Guinea, with prior roles at Mt Isa Mines, Barrick (ABX.TO) and Xstrata.South Pacific Metals shares closed up $0.02, to $0.495 on Tuesday on the TSX Venture Exchange.

Vizsla Silver Notes D'Antonio Most Recently Served as Head of Mine Technical Services at K92 Mining's Kainantu Mine in Papua New Guinea

Vizsla Silver Appoints Dave D'Antonio To Newly Created Role as Senior VP of Technical Services, Effective immediately

K92 Mining Maintained at Buy at Stifel Canada Following Q1 Results; Price Target Kept at C$39.00

Stifel Canada on Tuesday reiterated its buy rating on the shares of K92 Mining (KNT.TO) and its C$39.00 price target after the Papua New Guinea miner released its first-quarter results."KNT reported Q1/26 adjusted EPS of $0.47 vs. our $0.43 (consensus $0.41) and EBITDA of $179.9Mln vs. our $169.0Mln (consensus $168.6Mln) on pre-released GEO production of 46.7Koz (44.0Koz Au + 1.70Mln lbs Cu + 38.8Koz Ag). Q1/26 EBITDA and EPS beat on higher GEO sales and lower exploration and tax expenses. Q1/26 cash cost of $785/oz (+13% vs. consensus $693/oz) and AISC of $1,421/oz, were above the FY26 guidance range reflecting higher operating costs during Stage 3 ramp up and lower gold head grade of 10.2g/t, partially offset by higher by-product credits. FY26 guidance was reiterated (GEO production of 190-225Koz at a cash cost $710-770/oz and AISC $1,250-1,350/oz) with production weighted to H2/26 from two new mining fronts and completion of expansion enablers. Stage 4 Expansion ventilation electrification is scheduled for mid-2026; and paste-fill practical completion is on track for Q4/26 with final commissioning in Q1/27," analyst Ralph Profiti wrote.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $27.84, Change: $+0.32, Percent Change: +1.16%

K92 Mining Q1 Profit Jumps 66%, Revenue Hits Record on Higher Production and Prices

K92 Mining (KNT.TO) on Monday reported a rise in earnings and record revenue in the first quarter on higher gold prices .For the three-months ended March 31, the Papua New Guinea miner reported net income of US$116.6 million, or US$0.48 per share, an increase of 66% from the first quarter of 2025.Revenue for the quarter increased to a record $236.3 million, up 63% from US$144.6 million in the year-prior period as its average gold price rose 69% to US$4,641 per ounce. It exceeded the FactSet consensus estimate of US$219.5 million.The company also reported a quarterly production of 46,743 ounces gold equivalent (AuEq) or 44,022 oz gold, 1,696,714 lbs copper and 38,845 oz silver, in line with budget. K92 reiterated its 2026 annual production guidance of 190,000 to 225,000 oz AuEq.It also reported a record cash and cash equivalents totaling US$287.0 million, including a record US$242.6 million net cash position."We are very pleased to deliver record financial results in the first quarter, reflecting continued strong execution across the operation. The Stage 3 Expansion process plant performed well in its first full quarter following completion of commissioning in December, with gold recoveries exceeding the Updated DFS by 2.5% and copper recoveries in line," chief executive John Lewins said.As at March 31, 96% of Stage 3 Expansion growth capital has either been spent or committed and remains on budget, the company said.Shares of the company closed up down C$0.92 to C$27.52 on the Toronto Stock Exchange.

Earnings Flash (KNT.TO) K92 Mining Reports Q1 Revs US$236.3M, vs. FactSet Est of $219.5M

RBC Says Q1 Seasonally Weak for Gold Equities

RBC Capital Markets said Wednesday that the first quarter represents a seasonally weak period for operating results of gold equities.According to RBC, the market is expected to focus on forward-looking statements on the impact of higher gold and energy prices to costs, as well as emerging inflationary pressures."Although we expect no formal cost guidance revisions across our coverage, commentary on potential changes into mid-year updates could present surprise risk," RBC said.RBC said Alamos (AGI.TO), Barrick Mining (ABX.TO), Eldorado Gold (ELD.TO), G Mining (GMIN.TO), SSR Mining (SSR.TO) and Wheaton Precious Metals (WPM.TO) have outlined materially softer first quarter.RBC said companies with key upcoming deliverables into the first quarter include B2Gold (BTO.TO), Barrick, Alamos, Agnico Eagle (AEM.TO), Centerra (CG.TO), Franco Nevada (FNV.TO), Iamgold (IMG.TO), K92 (KNT.TO), Kinross (K.TO), Lundin Gold (LUG.TO), Orla Mining (OLA.TO), OR Royalties (OR.TO) and Wesdome (WDO.TO).According to RBC, gold equity valuations at spot have expanded in recent weeks, but are still reasonably attractively valued.Price: $66.72, Change: $-0.42, Percent Change: -0.63%

BMO Reiterates K92 Mining's Outperform Rating, C$33.00 Price Target

BMO Capital Markets on Tuesday maintained its outperform rating on the shares of K92 Mining (KNT.TO) outperform rating and C$33.00 price target following the company's first-quarter production results.K92's first-quarter production of 46,743 gold-equivalent ounces at the Kainantu mine in Papua New Guinea beat BMO's estimate of 40,000 ounces.The beat was driven by positive grade reconciliation seen intermittently in 2024 and 2025 from the Judd vein, BMO said.BMO said it is encouraged by the progress in underground development meters in the first quarter and notable progress on deliverables to ramp up the phase-three expansion in the second half.Price: $26.54, Change: $+0.65, Percent Change: +2.51%

K92 Mining Says Lower Q1 Production From Kainantu Was "In Line With Budget"; Reiterates 2026 Annual Production Guidance

K92 Mining (KNT.TO) on Monday reported that its first-quarter production from the Kainantu gold mine in Papua New Guinea fell year over year, but was "in line with budget". while it reiterated its 2026 annual production guidance.Among highlights, KNT's first-quarter production of 46,743 ounces gold equivalent, or 44,022 oz gold, 1,696,714 lbs copper and 38,845 oz silver, was down from 47,817 ounces in the year-ago quarter. Quarterly sales were 44,854 ounces of gold, 1.9 million pounds of copper and 41,467 ounces of silver.The company reiterated its 2026 annual production guidance of 190,000 to 225,000 ounces gold equivalent, with production expected to be strongest in the second half of the year, driven by the progressive ramp-up in ore tonnes mined and processed from two new mining fronts and the completion of key expansion enabler projects.The company processed 142,017 tonnes of ore in the first quarter, a 37% increase year over year, with a head grade of 10.9 grams per tonne gold equivalent.Metallurgical recoveries were 95.1% for gold and 94.0% for copper, exceeding the updated definitive feasibility study recovery parameters for gold and performing in line for copper.KNT also cited record quarterly mine development of 3,007 metres (a 21% increase from Q1 2025), which included a new monthly development record of 1,067 metres achieved in March 2026, supported by the completion of a number of infrastructure and operational improvement initiatives in the second half of 2025 and Q1 2026.It also cited quarterly total material mined (ore plus waste) of 378,430 tonnes and record quarterly tonnes to surface of 410,356 tonnes, highlighting the positive impact of the first material pass, the commencement of surface trucks operating in the Twin Incline and the completion of the Decline-Incline Convergence Project connecting the Main Mine with the Twin Incline via internal ramp access in late January 2026.John Lewins, K92 Chief Executive Officer and Director, said: "Q1 marked a strong start to 2026, with production of 46,743 ounces gold equivalent in line with budget, continued strong performance from the Stage 3 Expansion Process Plant, and record development rates exceeding our Stage 3 requirements. During the quarter, we also completed several key enabler projects and made significant progress on others, well positioning the operation for further growth. Importantly, we are increasingly realizing the benefits of our recent investments, with infrastructure upgrades, increased equipment capacity and operational improvements driving meaningful gains across the operation."With production stoping from two new mining fronts set to come online this year, including the first later this month, and key enabler projects advancing well, we remain firmly on track to deliver stronger production in the second half of the year and achieve our full-year guidance."Shares in KNT were up 0.16% last Friday.

K92 Mining Says Record Lateral Development Now Exceeding Stage 3 Expansion Requirements

K92 Mining Announcing Q1 Production Results; 46,743 oz AuEq Produced, in Line With Budget