VANCOUVER, British Columbia — February 18, 2026 — Leads & Copy — K92 Mining Inc. has announced high-grade results from underground diamond drilling at the Kainantu Gold Mine in Papua New Guinea. The drilling targeted the Kora, Kora South, Judd, and Judd South deposits, as well as the Kora and Judd Deeps targets.
The company reported multiple high-grade dilatant zone intercepts at Kora’s K2 vein, located near mine infrastructure in the Twin Incline Mining Front. These intersections, approximately 50 meters from underground development, are associated with a previously interpreted dilatant zone now defined to about 100 meters along strike by 200 meters vertical extent. The zone is expected to boost mining productivity when pastefill is introduced, enabling bulk transverse long-hole open stoping.
Highlights from the K2 vein dilatant zone include:
- KMDD0915: 20.50 meters at 14.04 g/t gold equivalent (13.00 g/t Au, 16 g/t Ag, 0.84% Cu)
- KMDD0914: 10.70 meters at 10.83 g/t AuEq (9.97 g/t Au, 41 g/t Ag, 0.36% Cu)
Previously reported K2 vein dilatant zone intersection highlights include:
- KMDD0844: 12.80 meters at 31.89 g/t AuEq (25.97 g/t Au, 58 g/t Ag, 3.35% Cu)
- KMDD0752: 13.50 meters at 19.02 g/t AuEq (14.93 g/t Au, 199 g/t Ag, 1.00% Cu)
- KMDD0746: 14.40 meters at 12.09 g/t AuEq (9.58 g/t Au, 54 g/t Ag, 1.15% Cu)
- KMDD0843: 10.10 meters at 16.29 g/t AuEq (14.01 g/t Au, 82 g/t Ag, 0.84% Cu)
- KMDD0709: 12.14 meters at 5.97 g/t AuEq (4.73 g/t Au, 7 g/t Ag, 0.72% Cu)
- KMDD0751: 9.50 meters at 7.00 g/t AuEq (2.26 g/t Au, 42 g/t Ag, 2.63% Cu)
The company also announced the first set of Kora Deeps and Judd Deeps results, which delivered significant depth extension. Multiple thick, high-grade interceptions were recorded at Kora Deeps along the K1 Vein, up to 350 meters below the Twin Incline and 250 meters below the 2023 mineral resource estimate. Thick, high-grade mineralization is defined over a strike length of approximately 400 meters to date. Highlights include:
- KMDD0909: 8.00 meters at 10.16 g/t AuEq (5.43 g/t Au, 80 g/t Ag, 3.79% Cu)
- KMDD0880A: 17.20 meters at 5.04 g/t AuEq (4.41 g/t Au, 18 g/t Ag, 0.41% Cu)
- KMDD0913: 13.75 meters at 5.41 g/t AuEq (2.76 g/t Au, 17 g/t Ag, 2.45% Cu)
- KMDD0896: 9.10 meters at 6.03 g/t AuEq (2.90 g/t Au, 24 g/t Ag, 2.85% Cu)
- KMDD0944: 12.40 meters at 4.11 g/t AuEq (2.32 g/t Au, 18 g/t Ag, 1.58% Cu)
Multiple thick, high-grade intercepts were recorded at Judd Deeps along the J1 Vein, up to 300 meters below the Twin Incline and 350 meters below the MRE. High-grade, thick mineralization has been defined over a 450 meter strike to date. Highlights include:
- KMDD0896: 8.50 meters at 8.64 g/t AuEq (8.02 g/t Au, 11 g/t Ag, 0.49% Cu)
- KMDD0944: 6.80 meters at 6.21 g/t AuEq (5.28 g/t Au, 42 g/t Ag, 0.43% Cu)
- KMDD0895: 5.05 meters at 5.35 g/t AuEq (3.10 g/t Au, 35 g/t Ag, 1.85% Cu)
K92 Mining also reported that high-grade zones within Kora’s K1 and K2 veins continue to be extended up-dip from the Main Mine, exceeding MRE grades. Step-out drilling along strike to the north and south recorded high-grade at Kora and Judd, including multiple +20 g/t AuEq intersections. Multiple high-grade intersections were recorded within the Judd North target area towards surface.
K1 Vein high-grade up-dip extension results from Main Mine include:
- KMDD0893: 4.95 meters at 38.46 g/t AuEq (37.99 g/t Au, 6 g/t Ag, 0.40% Cu)
- KMDD0904: 7.40 meters at 14.04 g/t AuEq (13.56 g/t Au, 6 g/t Ag, 0.41% Cu)
- KMDD0894: 4.16 meters at 24.24 g/t AuEq (23.04 g/t Au, 14 g/t Ag, 1.03% Cu)
- KMDD0883: 4.00 meters at 16.80 g/t AuEq (14.79 g/t Au, 16 g/t Ag, 1.82% Cu)
K2 Vein high-grade up-dip extension results from Main Mine include:
- KMDD0977: 18.19 meters at 11.70 g/t AuEq (10.40 g/t Au, 8 g/t Ag, 1.21% Cu)
- KMDD0882: 29.30 meters at 7.90 g/t AuEq (5.84 g/t Au, 22 g/t Ag, 1.81% Cu)
- KMDD0904: 4.35 meters at 29.62 g/t AuEq (26.34 g/t Au, 23 g/t Ag, 3.01% Cu)
- KMDD0906: 16.90 meters at 8.29 g/t AuEq (7.20 g/t Au, 5 g/t Ag, 1.03% Cu)
Judd’s J1 Vein results:
- JDD0306: 5.45 meters at 66.99 g/t AuEq (66.08 g/t Au, 16 g/t Ag, 0.73% Cu)
- JDD0323: 16.12 meters at 14.38 g/t AuEq (14.22 g/t Au, 1 g/t Ag, 0.15% Cu)
- JDD0307: 1.65 meters at 185.79 g/t AuEq (183.17 g/t Au, 79 g/t Ag, 1.68% Cu)
- JDD0320: 3.90 meters at 56.75 g/t AuEq (55.74 g/t Au, 7 g/t Ag, 0.93% Cu)
K1 Vein high-grade intersections at Kora South:
- KMDD0873: 7.90 meters at 11.26 g/t AuEq (2.57 g/t Au, 155 g/t Ag, 6.87% Cu)
- KMDD0888: 8.15 meters at 28.99 g/t AuEq (26.16 g/t Au, 22 g/t Ag, 2.59% Cu)
K1 Vein high-grade intersections along strike to the north:
- KMDD0936: 19.50 meters at 34.04 g/t AuEq (33.46 g/t Au, 26 g/t Ag, 0.27% Cu)
- KMDD0867A: 15.33 meters at 9.86 g/t AuEq (8.96 g/t Au, 19 g/t Ag, 0.69% Cu)
K2 Vein high-grade intersections at Kora South:
- KMDD0869: 6.00 meters at 5.86 g/t AuEq (1.62 g/t Au, 79 g/t Ag, 3.31% Cu)
- KMDD0876: 3.70 meters at 14.13 g/t AuEq (13.28 g/t Au, 13 g/t Ag, 0.70% Cu)
J1 Vein highlights at Judd North include:
- JDD0355: 20.29 meters at 14.06 g/t AuEq (12.68 g/t Au, 32 g/t Ag, 1.00% Cu)
- JDD0360: 3.05 meters at 15.48 g/t AuEq (12.77 g/t Au, 120 g/t Ag, 1.28% Cu)
John Lewins, K92 Chief Executive Officer and Director, said that the drilling results continue to deliver strong near-mine growth and demonstrate the continuity and scale of the Kora-Judd system.
With the exploration budget increasing by more than 50% in 2026 to $31-$35 million, K92 anticipates further resource expansion. The company currently has seven underground drill rigs operating at Kora and Judd, five surface rigs at Arakompa and Maniape, one at Wera, and two additional rigs scheduled to arrive in the second quarter.
K92 plans to start surface drilling of the Judd North target area in H2 2026 and expand drilling to target several regional targets, including Mati, Mesoan, and Bona-Creek.
The latest 101 diamond drill holes have demonstrated the high-grade, continuity and expansion potential of the Kora-Kora South and Judd-Judd South vein systems. All drill holes at Kora-Kora South intersected mineralization, with 31 intersections exceeding 10 g/t AuEq and 61 intersections exceeding 5 g/t AuEq. At Judd-Judd South, all drill holes intersected mineralization, with 16 intersections exceeding 10 g/t AuEq and 36 intersections exceeding 5 g/t AuEq.
Long sections of K1, K2, and J1, showing the location of the latest drill holes, are provided in Figures 1, 2, and 3, respectively. A long section showing Kora drilling to date is provided in Figure 4, and a long section showing Judd drilling to date is provided in Figure 5. Core photographs from drill holes JDD0306 and KMDD0893 are provided in Figure 6 and Figure 7, respectively.
K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in Papua New Guinea and is working to become a Tier 1 mid-tier producer through ongoing plant expansions.
Source: K92 Mining Inc.
