VANCOUVER, British Columbia, July 06, 2023 (GLOBE NEWSWIRE) -- K92 Mining Inc . (“ K92 ” or the “ Company ”) (TSX : KNT; OTCQX : KNTNF) announces that underground mining operations resumed on July 6, 2023, pursuant to a safety-focused restart plan, at the Kainantu Gold Mine in Papua New Guinea following a tragic underground vehicular incident (previously reported – see June 28, 2023 press release).

During this time there has only been limited impact on surface activities and surface stockpiles have been treated through the process plant. K92’s production and cost guidance for 2023 remains unchanged.

K92 Mining’s CEO and Director, John Lewins stated, “I would like to thank our employees and contractors for their extraordinary efforts during this challenging and difficult time. Safety and the well-being of everyone at K92 is and always will be our highest priority. And, to the family, friends and co-workers of our two colleagues we once again extend our deepest thoughts, prayers and condolences during this exceptionally difficult time.”

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 and is in a strong financial position. A maiden resource estimate on the Blue Lake 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

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