K92 Mining Announces Major Regional Exploration Update: Significant Expansion of Arakompa Deposit, Discovery of Porphyry-Style Mineralization from Arakompa Southernmost Step-Out, and Substantial 3.5 km by 3.5 km New Mineralized System Discovered at Wera

Executive Summary

• K92 Mining released its fifth set of drilling results from the Arakompa surface diamond drill program (total 67 holes) and announced initial results from a maiden greenfields program at the Wera prospect.
• Significant extensions to the bulk‑tonnage zone at Arakompa were identified – now ~1,100 m strike length and 800 m vertical depth – with multiple high‑grade intercepts (e.g., 96.1 m @ 2.64 g/t AuEq; 7.06 m @ 27.92 g/t AuEq).
• At Wera, a ~3.5 km × 3.5 km low‑sulphidation epithermal system was delineated with numerous rock‑chip samples exceeding 10 g/t Au (up to 26.30 g/t Au).

Key Details

• Arakompa – New Porphyry‑Style Intercept:
• Hole KARDD0065: 690.4 m @ 0.30 % CuEq (0.17 g/t Au, 0.17 % Cu, 2 g/t Ag) from 297 m depth; includes 395.3 m @ 0.38 % CuEq from 349.7 m.
• Bulk‑Tonnage Zone Expansion:
• Strike length now ~1,100 m; vertical extent increased by 150 m (now 800 m).
• Average true thickness of historic intercepts: 39 m.
• Key High‑Grade Intercepts (AuEq):
• KARDD0061: 96.10 m @ 2.64 g/t AuEq (2.48 g/t Au, 4 g/t Ag, 0.07 % Cu).
• KARDD0061 (AR1 Vein): 7.06 m @ 27.92 g/t AuEq (27.48 g/t Au, 18 g/t Ag, 0.15 % Cu); includes 2.60 m @ 65.50 g/t AuEq.
• KARDD0061 (AR2 Vein): 14.50 m @ 17.33 g/t AuEq; includes 6.90 m @ 34.99 g/t AuEq.
• Additional Notable Intercepts:
• KARDD0046: 62.20 m @ 1.08 g/t AuEq.
• KARDD0052: 75.40 m @ 1.04 g/t AuEq.
• KARDD0065 (southern step‑out): 49.20 m @ 1.15 g/t AuEq.
• Historic Drill Reinterpretation:
• Multiple historic holes (e.g., 004AD92, 016AD92) now shown to contain >2 g/t AuEq over 30–55 m intervals, reinforcing bulk‑zone continuity.
• Wera Greenfields Program:
• Defined a ~3.5 km × 3.5 km low‑sulphidation epithermal gold system 10 km SW of Kora/Judd.
• Rock‑chip assays: 26.30, 25.06, 23.97, 22.06, 19.69, 19.23, 18.40, 18.03, 16.05, 13.83, 11.09, 10.88, 10.21 g/t Au.
• Drilling commenced to test vein structures and high‑grade zones.
• Operational Outlook:
• Two new surface diamond rigs expected late Q4 2025 / early Q1 2026 to accelerate drilling at Arakompa and Wera.
• Follow‑up drilling underway on the porphyry target (south of KARDD0065) and additional contractor rig deployed at Wera.

Notable Quotes

• John Lewins, CEO: “We are extremely pleased with the progress achieved… delivering multiple high‑grade intersections… expanding the bulk zone…and discovering a large mineralized system at Wera.”
• Robert Smillie, VP Exploration: “The continued exploration success at Arakompa moves us toward a maiden resource, and the new greenfields discovery at Wera adds another sizeable target‑rich area to our portfolio.”