TORONTO, ONTARIO--(Marketwired - Mar 14, 2014) - Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to report that the resolution authorizing directors to proceed, at their discretion, with the consolidation of the common shares on an up to 1 for 10 basis, has been approved by shareholders at its annual and special meeting held on March 6, 2014. Messrs. David Netherway, Alex Van [...]
HIGHLIGHTS - Four kilometre long gold-in-soil anomaly delineated along margin of BIF - Cluster of gold-in-soil values delineated and interpreted as indicative of intersecting structures - Preliminary interpretation concludes intersecting structures are shear zones at a fold nose; intersections of structures result in dilation zones favourable for gold mineralization - The area of intersecting gold-in-soil anomalies is now [...]
TORONTO, ONTARIO--(Marketwired - Feb 6, 2014) - Kilo Goldmines Ltd. ("Kilo" or the "Corporation") (TSX VENTURE:KGL)(FRANKFURT:02K) announces that at its annual meeting to be held on March 6, 2014, shareholders will be asked to approve a share consolidation resolution. If approved by the shareholders, the Corporation's Board of Directors will have the authority, at its sole discretion, to proceed with a share consolidation [...]
TORONTO, ONTARIO--(Marketwired - Feb 3, 2014) - Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) is pleased to announce that Randgold Resources plc ("RRL") provided the following update on the 2 056.76 km² Kilo - Randgold joint venture ("JV") on the Ngayu and Isiro Archaean Greenstone Belts in Oriental Province, Democratic Republic of Congo today at the Indaba conference in Cape Town, South [...]
Somituri Project, DRC TORONTO, ONTARIO--(Marketwired - Jan 30, 2014) - Kilo Goldmines Ltd. (TSX VENTURE:KGL)(FRANKFURT:02K) ("Kilo" or the "Company"), a gold exploration company with a focus on projects in the gold rich greenstone belts of the northeastern Democratic Republic of the Congo ("DRC"), today announced the results of its Canadian National Instrument ("NI") 43-101 Mineral Resource Estimate (MRE) for its 71.25 [...]
TORONTO, ONTARIO--(Marketwired - Sep 30, 2013) - Kilo Goldmines Ltd. ("KGL" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) is pleased to announce that it has implemented a series of cost cutting measures to enhance cash retention. Following the completion of the 2103 drilling program on August 6, the company is implementing the following: All senior staff and board members are taking a 20% salary and fee cut [...]
TORONTO, ONTARIO--(Marketwired - Sep 4, 2013) - Kilo Goldmines Ltd. (TSX VENTURE:KGL)(FRANKFURT:02K) ("KGL" or the "Company") is pleased to announce that a review of exploration data produced by Rio Tinto Mining and Exploration (RTME) during its joint venture (JV) agreement with KGL from 2007 to 2012 has been completed by Roscoe Postle Associates (RPA). The findings of this review are summarised herewith. HIGHLIGHTS [...]
TORONTO, ONTARIO--(Marketwired - Aug 15, 2013) - Kilo Goldmines Ltd. ( "KGL" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) is pleased to announce that on August 6th, the Company completed its planned 2013 drilling programme on the Somituri Project's Imbo Licence. Highlights of the Company's 2013 programme on the Somituri Project are summarised below: Total metres drilled: Kitenge prospect (5,581 m): Manzako [...]
TORONTO, ONTARIO--(Marketwired - Jul 22, 2013) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K)Kilo Goldmines Ltd ("Kilo or KGL") is pleased to provide the following update on its joint venture with Randgold Resources Ltd. ("Randgold"). Isiro greenstone belt: 8 targets Ngayu greenstone belt: 6 targets Geological features similar to those found at the 20 Moz Kibali gold mine [...]
-- Reconnaissance soil geochemical surveys delineated gold in soil anomalies on four additional licences -- Gold values up to 0.48 g/t in soil overlying BIF -- Reconnaissance soil geochemical surveys planned on the un-sampled properties -- 5421 reconnaissance soil samples collected to date (including quality control samples) -- 4000 follow-up [...]
Kilo Goldmines announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 7,050,000 common shares to directors, officers, employees, consultants and contractors of Kilo and it's DRC subsidiaries under its stock option plan. Each option is exercisable for a five year period to acquire one common share at a price of $0.12 per share. A total of 2,400,000 options granted to [...]
-- 1100 m Gold Geochemistry anomaly delineated -- Adumbi West exhibits similar geophysical and geochemical characteristics to the Adumbi Prospect -- Adumbi West is underlain with banded iron formation -- No evidence of historical exploitation on Adumbi West -- Adumbi West Gold Geochemistry anomaly is 2.5 km west of the Adumbi Prospect -- Gold [...]