K92 Mining owns the Kainantu Gold Mine located in the Eastern Highlands province of Papua New Guinea. The Kainantu Gold Mine is a high-grade, low cost underground mine within a ~860 km2 land package in a region known for Tier 1 deposits. K92 has doubled throughput to 400,000 tonnes/year, which would increase annual production to +120 koz/year. Stage 3 Expansion PEA outlines Tier 1 production, with a run-rate production of +315koz AuEq pa starting in late-2023, average AISC of US$486/oz AuEq and After-Tax NPV5% of US$1.5b at US$1,500/oz Au. Drilling to support potential further expansions is also underway with 11 rigs currently operational with plans to add rigs in 2021.