KNT.TO
Published on 05/13/2026 at 03:28 pm EDT
Thayer Lindsley Award
Best Global Discovery
2021
T: +1-604-416-4445
W: https://WWW.K92MINING.COM
HIGH GRADE & RAPIDLY EXPANDING GOLD PRODUCER
TSX: KNT OTCQX: KNTNF GERMANY: 92K
K92 Mining owns the high-grade, low-cost Kainantu Gold Mine in Papua New Guinea's Eastern Highlands. Located within an ~830 km2 land package in a Tier 1 region, Kainantu has undergone significant expansions. The Stage 2 Expansion (Q3 2020) doubled throughput to 400 ktpa, followed by Stage 2A (Q2 2023), boosting capacity 25% to 500 ktpa (now capable of +600 ktpa). In December 2022, K92 approved its largest expansions-Stage 3 and 4 to 1.2 mtpa and 1.8 mtpa, respectively. The updated October 2024 Definitive Feasibility Study outlines Stage 3 production of +300 koz AuEq per year at a low AISC of US$920/oz. The Stage 4 Expansion is
Explora elopment Current Producer
Past Producer
Principal Road Regional Airport
Port Facility Hydropower Genera
targeting +400 koz AuEq per year. Stage 3 process plant construction and comissioning is complete and was delivered under budget, with first production achieved in October 2025. The mine is currently ramping up towards the Stage 3 Expansion run-rate. Drilling continues aggressively, with up to 14 rigs targeting further growth.
Simberi
Darewo River
Wewak
Lihir
Wabu
Timika
Arafura Sea
Grasberg
I N D O N E S I A
W e s t P a p u a P r o v i n c e
Frieda River
Porgera
Ok Tedi
Madang
Ramu
Bismarck Sea
P A P U A N E W
KAINANTU
Wafi-Golpu
Lae
P A C I F I C
G U I N E A
Hidden Valley
O C E A N
Tolukuma
POTENTIAL CATALYsTs
» Kora & Judd Drilling » Arakompa and Maniape (ongoing) Drilling (ongoing)
» Kora South & Judd South » Wera Drilling (ongoing) Drilling (ongoing)
» Stage 3 Ramp-up and
» Porphyry Exploration Production Milestones (ongoing) (ongoing)
0 100 200 300 km
Coral Sea
Port Moresby
Woodlark
AUEQ PRODUCTION OUTLOOK (koz)
+400
WHY INVEST?
Misima
190-225
174
+300
47 82
99 104
123
118
150
New state-of-the-art 1.2 mtpa Stage 3 Expansion Process Plant construction and commissioning complete
International expertise in mining, exploration and finance.
2018 2019 2020 2021 2022 2023 2024 2025 2026 Stage 3 Stage 4
Exceeded Exceeded Stage 2 Exceeded Achieved Exceeded Exceeded Achieved Guidance Expansion Expansion
Guidance Guidance Complete Updated Guidance Updated Guidance Guidance
Run-Rate Run-Rate
with official inauguration held on Oct 16, 2025. Updated
DFS Stage 3 Expansion outlines a run-rate of +300 koz
in 3Q20 Guidance
Guidance
AuEq per year. Stage 4 Expansion is planned to target
+400 koz AuEq per year.
~830km2 land package in 'Elephant Country.'
Large number of high priority vein and porphyry targets identified & expanding to up to 14 rigs on site.
+579% M&I and +1,114% inferred growth from YE17 to 4Q23 with extensive near-resource growth potential via strike and depth extensions plus nearby high-priority vein targets.
Low-footprint underground mine; ~92% PNG national workforce. Strong focus on environment, community and corporate responsibility.
RESOURCE GRO WTH (AUEQ)
2.7Moz
14.6Moz
4.5Moz
14.6Moz
2.7Moz
2.3Moz
3.7Moz
Kora & Judd - M&I Kora & Judd - Inferred Blue Lake - Inferred
2.7Moz
2025 Grade: 10.3 g/t AuEq (9.7 g/t Au, 0.51% Cu, 10.8 g/t Ag)
0.4Moz
1.1Moz
2.2Moz
2.2Moz
1.6Moz
Stage 3 AISC: $920/oz AuEq.
YE 201 7
YE 201 8
2 Q 202 0
1 Q 202 2 3 Q 202 2
4 Q 202 3
2 drill rigs in 2018
5 drill rigs in 2019
Up to 11 drill rigs in 2021-2025, 14 drill rigs 2026+
Note (1): Refer to the technical report titled "Independent Technical Report, Kainantu Gold Mine, Updated Definitive Feasibility Study, Kainantu Project, Papua New Guinea", with an effective date of January 1, 2024.
SOCIALLY REsPONsIBLE MINING FOR THE PROsPERITY OF PAPUA NEW GUINEA
At K92 Mining, we have a strong focus on the prosperity and sustainable development of PNG. At our underground
Kainantu Gold Mine in Eastern Highlands Province, we are proud to:
Be a major contributor to the tax base of Papua New Guinea
Workforce of +2,300 people, of which ~92% are from PNG and majority local landowners
Have a strong commitment to environmental stewardship (low footprint, traditional tailings impoundment, no cyanide for processing)
Advance multiple long-term social and economic development initiatives, including: business development, education, health care, infrastructure and service programs
Continue to develop the resource potential for future generations through exploration
Receive the prestigious 2021 Thayer Lindsley Award for Best Global Discovery, a first for PNG -Congratulations to all!
MANAGEMENT TEAM
CAPITAL STRUCTURE As of March 31, 2026
245M
Common Shares Issued
247M
Fully Diluted Shares
E7.0B
Market Cap (C$)
(As at May 13, 2026)
E287M
Cash and Equivalents (US$)
E45M
Debt (US$)
E243M
Net Cash (US$)
ANA LY ST CO VERAGE
Agentis, BMO Capital Markets, Canaccord Genuity, Clarus Securities, Cormark Securities, Desjardins, National Bank, Raymond James, RBC Capital Markets, Scotiabank, Stifel GMP, TD Securities, Ventum Financial
BOARD OF DIRECT ORS
TSX: KNT // OTCQX: KNTNF // GERMANY: 92K
CAUTIONARY STATEMENT REGARDING estimates of mineral reserves and mineral costs on a basis consistent with K92's reliance on Forward-Looking Statements,
This presentation contains "forward Forward-Looking Statements are based
FORWARD-LOOKING INFORMATION
resources.
expectations; all required permits, licenses which are effective only as of the date of
and authorizations being obtained from this document.
timeframe; the market price of the
stakeholders within the expected
looking informationtt within the meaning of on estimates and assumptions in this the governments and other relevant QUALIFIED PERSON: The technical applicable Canadian securities legislation presentation. Forward Looking information has been reviewed and
Company's securities; metals price
("Forward Looking Statementstt). All Statements are based on estimates and approved by Andrew Kohler, PGeo, K92's
changes as anticipated; taxation; the
statements that address activities, events assumptions that are subject to known and Chief Geologist, and a Qualified Person as
estimation, timing and amount of future
or developments that the Company unknown risks, uncertainties and other defined by National Instrument 43-101 ("NI
could or might occur in the future are ability to control, that may cause actual exploration and development; the receipt
believes, expects or anticipates will, may, factors, many of which are beyond our 43-101tt).
ability of plant, equipment or processes to includes the DFS and previous resource
environmental risks; no title disputes; Feasibility Study ("Updated DFStt) that
Forward Looking Statements. The words results, level of activity, performance or of necessary regulatory approvals; NI 43-101: The Updated Definitive "expecttt, "anticipatett, "estimatett, "maytt, achievements to be different from those
future financial and operational generation of further drilling results which For additional information on Company's profile on SEDAR+.
cave-ins, flooding and gold bullion losses. available on K92's website and under the
unexpected formations, pressures, text of the technical report, which is
industrial accidents, unusual or Readers are encouraged to review the full
environmental events and hazards, an effective date of January 1, 2024.
development and mining, including New Guineatt dated March 21, 2025, with
with the business of mineral exploration, Feasibility Study, Kainantu Project, Papua
there are risks and hazards associated Kainantu Gold Mine, Updated Definitive
accidents and labor disputes. In addition, titled, "Independent Technical Report,
operate as anticipated; and effect of estimates is included in a technical report
"couldtt, "mighttt, "willtt, "wouldtt, "shouldtt, expressed or implied by such Forward "intendtt, "believett, "targettt, "budgettt, Looking Information. Such factors include, "plantt, "strategytt, "goalstt, "objectivestt, without limitation: the definitive feasibility "projectiontt or similar expressions are study (DFS) of the Kainantu Gold Mine; the intended to identify Forward Looking Stage 3 Expansion and Stage 4 Statements. Forward Looking Statements Expansion; expectations of future cash included in this presentation include, flows; expectations of future production without limitation, statements regarding: results; expected success of the proposed the impact of global supply chain and plant expansions; potential expansion of financial market disruptions; projections of resources and reserves; and the
performance; future events or future are forward-looking and may or may not Mineral Resources, which are not Mineral
Forward-Looking Statements, refer to the
performance; anticipated operating and occur. Information is based on certain Company annual information form filed on Reserves, do not have demonstrated
CORPORA TE CONT ACT
production costs and revenue; future factors and assumptions including: there SEDAR+ at https://www.sedarplus.ca.
demand for and prices of commodities and being no significant disruptions affecting All the Forward-Looking Statements in this currencies; estimated closure and the Company's operations; political and presentation are qualified by these reclamation costs; anticipated legal developments in Papua New Guinea cautionary statements. K92 expressly exploration, development, construction, being consistent with the Company's disclaims any intention or obligation to production, commissioning, permitting and current expectations; exchange rates update or revise any forward-looking other activities on the Company's between the Canadian dollar, the U.S. statements whether as a result of new properties, including expected gold, silver dollar, and the Papua New Guinea Kina information, events or otherwise, except in and copper production and the Stage 3 being consistent with current levels; accordance with applicable securities and Stage 4 expansion plans; and changes in equipment, labor and materials laws. No person should place undue
economic viability.
Papua New Guinea
Disclaimer
K92 Mining Inc. published this content on May 13, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 13, 2026 at 19:27 UTC.