K92 Mining is a precious metals producer and operates the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea. The mine is located in the eastern Papuan Mobile Belt and in May 2017, a northern extension to the 1.65 Moz AuEq inferred Kora deposit was discovered, called Kora North. By October 2018, Kora North had increased combined Kora-Kora North resources by +60%, having defined a Measured and Indicated Resource of almost 400,000 ozs AuEq and Inferred of almost 750,000 ozs AuEq. Mining of the Kora North discovery commenced in October 2017, commercial production was declared in February 2018 and production has been rapidly expanding since then.
K92 Mining also has significant growth upside potential through exploration, both near-mine and regionally. The regional land package is largely under-explored and with a large number of high priority vein and porphyry targets already identified.
meet the team
Stuart (Tookie) Angus, CHAIRMAN
Mr. R. Stuart “Tookie” Angus is an independent business advisor to the mining industry and is presently Chair of K92, Chair of San Marco Resources Inc., and Kenadyr Mining (Holdings) Corp. He is the former Head of the Global Mining Group for Fasken Martineau. For the past 40 years, Mr. Angus has focused on structuring and financing significant international exploration, development and mining ventures. More recently, he was managing Director of Mergers and Acquisitions for Endeavour Financial and was responsible for merger and acquisition mandates. Mr. Angus is the former Chairman of the Board of BC Sugar Refinery Limited, he was a Director of First Quantum Minerals Ltd. until June 2005, a Director of Canico Resource Corp. until its takeover by Brazil’s CVRD in 2005, a Director of Bema Gold Corp. until its takeover by Kinross Gold Corporation in 2007, a Director of Ventana Gold Corp. until its takeover by AUX Canada Acquisition Inc. in 2011, and a Director of Plutonic Power Corporation until its merger with Magma Energy Corp. in 2011. He resigned June 30, 2017 as Chair of Nevsun Resources Ltd. following its acquisition of Reservoir Minerals in 2017.
Mr. Angus holds a Bachelor of Law degree from the University of British Columbia and is a retired member of the Law Society of British Columbia.
John Lewins, CEO & DIRECTOR
Mr. John D. Lewins is a Mineral Engineer with over 35 years’ experience in the mining industry, who has worked in Africa, Australia, Asia, North America and the former Soviet Union. He is currently the Chief Executive Officer of the Company and served as Chief Operating Officer from May 2016 to August 2017. Mr. Lewins has successfully managed the development of a number of open pit and underground gold, precious and base metal mines from feasibility study through to profitable operations.
Mr. Lewins has operated extensively at the corporate level in various roles from Executive General Manager to Director and Chief Executive Officer with a number of other mining companies, including MIM Holdings, First Dynasty Mines, Platinum Australia and African Thunder Platinum.
Mr. Lewins received his National Diploma for Technicians (Extractive Metallurgy) from Technikon Witwatersrand, South Africa, a Bachelor of Science degree (Honours) in Mineral Engineering from University of Leeds, England and a Graduate Diploma in Management from University of Queensland.
Ian Stalker, DIRECTOR
Mr. John (Ian) Stalker is a mining executive with over 45 years’ experience in mine development and operations in Europe, Africa, Oceania and Australia. He is currently Managing Director of Helium One Ltd., a privately-held helium development company. He was previously Chief Executive Officer of LSC Lithium Corporation. and Chairman of Plateau Energy Metals Inc. Mr. Stalker served as CEO of the Company from May 2016 to August 2017 and was CEO of K92 Holdings International Limited from 2014 until 2016. He was Chair of Azincourt Energy Corp. from May 2013 until June 2018. Mr. Stalker has extensive public company experience and has acted in the capacity of CEO for Brazilian Gold Corp., Berkeley Resources Ltd., Niger Uranium Ltd. and UraMin Inc. He was a Vice President of Gold Fields Ltd. from April 2001 to October 2005, where he was involved with its international operations.
Mr. Stalker holds a Bachelor of Science degree (Honours) in Chemical Engineering, from Strathclyde University, Glasgow, Scotland.
Graham Wheelock, DIRECTOR
Mr. Wheelock is a geologist and mining professional with 40 years of experience working for international mining companies. In 2005, Mr. Wheelock co-founded Gem Diamonds Limited (“Gem Diamonds”). He helped manage Gem Diamonds’ initial public offering in 2007, when the company listed on the LSE with a market capitalization of £600 million. After leaving Gem Diamonds, Mr. Wheelock was the Project Manager and is currently the Managing Director of Polynatura Corp., the company developing the Ochoa Fertilizer project in New Mexico, USA. From 1981 to 1999, Mr. Wheelock worked with Anglo American plc and De Beers as a gold and diamonds geologist and mid-level manager. From 2000 to 2003 he was Acting General Manager for De Beers Namaqualand Mines in South Africa, responsible for 2,300 employees and annual production of 4.5 million tons.
Mr. Wheelock obtained a Master of Science degree in Geology from the University of Cincinnati, Ohio and a Bachelor of Science degree (Honours) in Geology from the University of Natal, South Africa.
Mark Eaton, DIRECTOR
Mr. Mark Eaton is an independent business consultant who has worked as an investment professional in equity capital markets specializing in the resource sector for over 20 years. He is currently the Executive Chairman and is the former Chief Executive Officer of Belo Sun Mining Corp. Prior to becoming an independent business consultant, Mr. Eaton held the position of Managing Director of Global Mining Sales, a division of CIBC World Markets of Toronto and Manager of US Equity Sales for CIBC World Markets. Mr. Eaton is also a former Partner and Director of Loewen Ondaatje McCutcheon Ltd., a Toronto-based investment dealer. In addition to his leadership in institutional mine finance and investment banking, Mr. Eaton has served in management and on the Boards of several public mining companies.
Mr. Eaton graduated from Hull University, England with Bachelor of Arts degree (Honours).
SAURABH HANDA, DIRECTOR
Mr. Saurabh Handa is a mining professional with diverse senior experience that includes finance, mergers and acquisitions and multi-jurisdictional public company disclosures. He is currently the Principal of Handa Financial Consulting Inc. Previously, he held the positions of Chief Financial Officer of Titan Mining Corp., Vice President, Finance of Imperial Metals Corp., Chief Financial Officer of Meryllion Resources Corp., Chief Financial Officer of Yellowhead Mining Inc. and Controller for SouthGobi Resources Ltd.
Mr. Handa is a Chartered Accountant and graduated with Honours from the University of British Columbia with a diploma in Accounting. Prior to joining the accounting profession, Mr. Handa obtained a Bachelor of Science degree in Genetics from the University of British Columbia and a diploma in Computer Systems from the British Columbia Institute of Technology.
CYNDI LAVAL, DIRECTOR
Ms. Laval is a lawyer with over 25 years of experience specializing in areas of mining law, corporate finance, mergers and acquisitions, corporate governance and securities. Ms. Laval is a partner in Gowling WLG’s Vancouver office, and is a past leader of the firm’s national Corporate Finance, M&A and Private Equity Group, as well as a former co-leader and current member of its Mining Group. Ms. Laval was also named one of Vancouver’s 30 leading lawyers by the National Post and is recognized as a leading lawyer in the following publications: Legal 500 Canada 2019; Who’s Who Legal; Latinvex – Latin America’s Top 100 Female Lawyers;The Best Lawyers in Canada 2019; Canadian Legal Lexpert Directory 2018; and Lexpert’s Leading Canadian Lawyers in Global Mining Guide 2018/2019. Prior to joining private law practice, Ms. Laval worked in the policy department of the TSX Venture Exchange, where she was a member of the Exchange’s Local Advisory Committee from 2006 to 2013 and an instructor of the TSX Venture Exchange Rules and Tools Corporate Governance Workshop from 2004 to 2010. She has also given lectures at several other conferences and seminars. She received a Bachelor of Laws degree from University of British Columbia in 1992.
Justin Blanchet, CFO
Mr. Blanchet has acquired considerable experience in the areas of financial reporting, regulatory compliance, treasury, and audit for both Canadian and U.S. publicly listed companies. He has international experience working on projects throughout the world and is well versed in the requirements of complex regulatory environments and the requirements of International Financial Reporting Standards. Mr. Blanchet is a Canadian Chartered Professional Accountant and a U.S. Certified Public Accountant (Washington and Illinois).
Warren Uyen, Senior VP Operations
Mr. Uyen is a Mining Engineer with over 30 years’ experience in the mining industry in Australia and Asia. He has extensive experience in the management of both open pit and underground mines, covering project development and operations. Mr. Uyen joined K92 from the Australian mining contractor, Macmahon Holdings Limited, where he was Executive General Manager Underground, responsible for local and international underground operations. Prior to this, Mr. Uyen spent almost five years as General Manager of the Eldorado Gold White Mountain Gold Mine in the People’s Republic of China. Mr. Uyen is a graduate of the Western Australia School of Mines and holds a Master of Business Administration from the University of Southern Queensland.
Chris Muller, VP Exploration
Chris Muller is a geologist with 20 years of experience in open pit and underground mine, near mine, brownfields and greenfields exploration, in Papua New Guinea, Mongolia, China, Ghana, Indonesia and Thailand. Mr. Muller has worked on a range of mineral deposit styles, including porphyry Cu/Au, epithermal and skarn precious and base metal, carbonate – base metal and Archean gold deposits. He has been directly involved in several important mineral finds during his career, including the discovery of additional porphyry deposits that led to the world class status of the Wafi/Golpu project in Papua New Guinea. He holds a Bachelor of Science degree (majoring in geology and geophysics), a degree with first class honours in economic geology and a PhD in plate tectonics using rhopaloceran genetics.
David Medilek, VP Business Development & Investor Relations
Mr. Medilek is a mining professional with over 12 years of mining capital markets, corporate strategy and technical experience. In addition to serving as Vice President Business Development and Investor Relations of K92, he is a director of Minaurum Gold Inc. Prior to joining K92, he was an equity research analyst at Macquarie Group Limited, covering precious metals mining companies. He was previously a mining investment banker with Cormark Securities Inc. for over 4 years, gaining extensive capital raising and M&A experience. Mr. Medilek began his career as a mining engineer with a focus on underground mining, for over 4 years with Barrick Gold Corporation in Western Australia. Mr. Medilek holds a Bachelor of Applied Science in Mining Engineering with Distinction from the University of British Columbia, a Professional Engineer designation in the Province of British Columbia, and is a CFA® charterholder*. (*CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.)
Philip Samar, VP Government & Community Affairs
Mr. Samar is a Mining Engineer, who has spent 20 years through to 2018 working for the Mineral Resources Authority (MRA) of Papua New Guinea, the government body responsible for regulating the exploration and mineral sector. In his last six years as Managing Director, Mr. Samar had a significant leadership role within the country and has regularly interacted with multiple mining industry stakeholders including: government, international organizations, landowners and foreign investors.
Nancy La Couvée, Corporate Secretary
Ms. La Couvée brings over 20 years of experience as a Corporate Secretary, providing governance and compliance services for international publicly listed companies in the resource sector. Ms. La Couvée ensures effective board and shareholder communications, compliance with statutory and regulatory requirements in numerous jurisdictions, establishment of corporate governance policies, corporate finance administration, and corporate records management. She is a member of the Governance Professionals of Canada.
DAISY TAYLOR, PAPUA NEW GUINEA GOVT. & COMMUNITY AFFAIRS ADVISOR, PNG DIRECTOR
Ms. Taylor, born in the Eastern Highlands area where the project is located, has more than 30 years of business leadership experience in Papua New Guinea. Ms. Taylor is currently a Director of two separate real estate companies in Papua New Guinea and previously served as the General Manager of Nokondi Investments, the property development business arm of the Eastern Highlands Provincial Government. Ms. Taylor was also involved in the Electoral Commission Papua New Guinea project, an Australian Government project managed by CARDNO ACIL and was the Project Manager for The Electoral Reform Project, a European Union (EU) funded initiative operated by Transparency International (PNG) which was aimed at promoting democracy and advocacy for electoral reform. Additionally, Ms. Taylor has worked with government, donor countries, and non government organizations at all levels in a variety of roles in project management, budgetary account management, human resource development, training and educational support and development issues. Ms. Taylor has an extensive background in the media industry in both Papua New Guinea and Australia and in the real estate industry.