KUMIAN, EASTERN HIGHLANDS — The Conservation and Environment Protection Authority (CEPA) Environment Council conducted an official site visit to the K92 Mining (“K92” or the “Company”) operation on Thursday, 17th July 2025.

The delegation was taken through a site safety induction and given a comprehensive overview of K92’s operations presented by Chief Executive Officer Mr. John D. Lewins, and Director of Sustainability & ESG Mr. Michael Flynn.

The presentation covered the Stage 3 Expansion, which is scheduled to begin commissioning in the second half of Q2, the Stage 4 Expansion, and ongoing exploration efforts to identify new deposits and resources.

Mr. Lewins reaffirmed K92’s commitment to sustainable growth, responsible resource development, and meaningful community engagement. He also highlighted the Company’s significant economic contributions in 2024 which included PGK 155 million in corporate tax, PGK 51 million in payroll tax, PGK 34 million in royalties and MRA levies, PGK 617 million in capital projects, PGK 64 million in exploration, PGK 11 million on community programs, and PGK 372 million in local procurement. These figures are expected to grow further in 2025 including over PGK 800 million forecasted for capital expenditure to complete the Stage 3 Expansion, which is anticipated to more than double gold and copper production.

The delegation toured the new processing facility, where Mr. Lewins detailed each stage of the mill’s operations. Helicopter tours led by Environment Manager Mr. Kapi Lumbi provided further insight into the company’s activities. The visit also included a tour of the existing Tailings Storage Facility and associated infrastructure led by Mr. Michael Hawkins, Principal Sustainability.

CEPA Environment Council members and staff with K92 representatives at the Kainantu Gold Mine tailings storage facility.

K92 senior staff supporting the visit included Johan Botha (Deputy General Manager), Allen Koops (Principal, Camp Management), Peter Torot (Manager, Health and Safety), Palizo Abori (Superintendent, Environment), and Stanley Komunt (General Manager, Community Affairs & External Relations).

The CEPA Environment Council delegation comprised Prof. Simon Saulei, Prof. Kaul Gena, Dr. Eric Omuru, Tom Pringel, Susan Yakip, Esmalyne Tau, Pitz Murphy, Michael Wau, and Robert Sine.

The visit concluded successfully, strengthening collaboration between CEPA and K92 Mining and highlighting a shared commitment to responsible mining and environmental sustainability.

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