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Kainantu Resources (KRL) - Technical Analysis & Due Diligence

07 Jul 2022

Description

Kainantu Resources is a TSX-V listed Asia Pacific focused exploration company. The company has conducted a number of successful exploration campaigns on our flagship tenements โ€“ KRL North and KRL South. With both prospects in close proximity to the hugely successful K92 mine producing 144koz/pa at 17g/t Au feed grade, placing the mine in the top 4 highest grade mines globally.KRL North is located only 1.6km away from the mine and field work to date suggests shared geology with K92.KRL South has indicated the presence of both Epithermal vein systems and porphyry mineralisation. To date over 2000 samples have been taken which have helped identify 3 main prospects.

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