New video details the remarkable history of the Company's Golden Wonder mine and expectations for the next big discovery. LKA Gold Inc. is pleased to release, for the first time, a video that recounts the remarkable true history of the Golden Wonder mine and the current exploration efforts to find additional bonanza-grade ore deposits. According to LKA's President, Kye Abraham, "So much of our time and effort is focused [...]
GIG HARBOR, Wash., Aug. 6, 2018 /PRNewswire/ -- LKA Gold Inc. reports that it has received regulatory approval to commence surface drilling to test targets previously located by Kinross geologists. These targets are in close proximity to existing underground workings. According to Project Geologist, Rauno Perttu, "Two of these targets, the central part of the Horse Creek Fault and the Moose Lake Fault, lie to the north of [...]
Koski Family purchases additional 2.7 million LKA shares to fund drilling of Kinross's previously identified but undrilled targets. Insider ownership now exceeds 72% GIG HARBOR, Wash., April 12, 2018 /PRNewswire/ -- LKA Gold Inc. reports that the Koski Family Limited Partnership recently purchased, in a private placement, another 2,702,703 shares of LKA common stock from the Company at a price of $.185 per share. The [...]
Convertible debenture holders offered a reduced conversion price for a limited period. GIG HARBOR, Wash., March 26, 2018 /PRNewswire/ -- LKA Gold Inc. reports that certain of the Company's largest shareholders and insiders have agreed to convert their 7.5% convertible debentures, plus accrued interest, to LKA common stock at a price of $.20 per share. When originally issued, the debentures carried a conversion price of [...]
LKA Gold is one of eight nominees to receive Colorado's "Hart Award" for exemplary stabilization and preservation of the Ute-Ulay Mine and Mill site. GIG HARBOR, Wash., Feb. 8, 2018 /PRNewswire/ -- LKA Gold Inc. reports that it is one of eight private and public entities to receive History Colorado's 2018 State Historic Preservation Officer's Award . LKA received the award for its participation in the stabilizing and [...]
Koski family members purchase LKA shares in open market transactions. GIG HARBOR, Wash., Jan. 29, 2018 /PRNewswire/ -- LKA Gold Inc. reports that certain members of the Koski family informed the Company of open market purchases of LKA shares. Over the previous 90 days, 85,700 shares were purchased in market transactions at various prices between $0.18 - $0.25 per share. Regarding the purchase of additional LKA shares, Mr [...]
Some of the most promising targets identified by Kinross exploration program remain unexamined. Follow up drilling strongly recommended. GIG HARBOR, Wash., Nov. 9, 2017 /PRNewswire/ -- LKA Gold Inc. reports that Golden Wonder project geologist, Rauno Perttu, submitted his findings and recommendations to LKA management following the Kinross exploration program at the Golden Wonder mine. In his report Mr. Perttu stated [...]
Failure to follow up initial drilling results leaves experts puzzled. GIG HARBOR, Wash., Sept. 25, 2017 /PRNewswire/ -- LKA Gold Inc. (OTCQB: LKAI) reports that Kinross has informed the Company of its decision to terminate its exploration program at LKA's Golden Wonder mine located near Lake City, CO. Considering the encouraging results from both the surface evaluation program conducted in 2015 and the subsequent [...]
Analysis of drill core and assay results expected soon. GIG HARBOR, Wash., July 18, 2017 /PRNewswire/ -- LKA Gold Inc. (OTCQB: LKAI) reports that Kinross drilling contractors have completed the final three holes of the initial drilling program at LKA's Golden Wonder mine located near Lake City, CO. Drill cores from holes that intercepted the host structure of the initial bonanza-grade Golden Wonder deposit are being [...]
The search for the next bonanza-grade ore shoot continues GIG HARBOR, Wash., June 2, 2017 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) reports that Kinross drilling contractors have mobilized and resumed drilling at LKA's Golden Wonder mine. The drilling program, which was initiated in late 2016 but suspended due to severe weather conditions, is designed to test several areas (targets) identified by Kinross [...]
Initial drilling confirms extension of gold-bearing structure 136 meters beyond existing Golden Wonder workings GIG HARBOR, Wash., May 1, 2017 /PRNewswire/ -- LKA Gold Inc. (OTCQB:LKAI) reports that the first two holes drilled from surface by Kinross Gold USA in December 2016 encountered the same gold-bearing structure that hosted the bonanza-grade gold discovery at LKA's Golden Wonder mine above Lake City, Colorado [...]
LKA's three largest shareholders increase their holdings and add liquidity for operations in Q-1 GIG HARBOR, Wash., March 24, 2017 /PRNewswire/ -- LKA Gold Inc. (OTCQB: LKAI) reports that through a series of transactions, the Company's three largest shareholders increased their holdings and added liquidity for operations during February and March. The transactions are briefly described as follows: Koski Family Limited [...]
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