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Gold

DRC Somituri Project

  • 1.67 Moz of Au @ 2.5 g/t Inferred Mineral Resource Estimate (NI 43-101-inferred) on our Imbo license covering the Adumbi, Kitenge, and Manzako prospects
  • Multiple new targets being delineated within a 5 km radius of Adumbi
  • New targets identified on other licences
  • Eight mining licences - 606 km²

Where we are

Headquarters

  • Toronto, Canada

Support Offices

  • Beni, Democratic Republic of Congo

Exploration Activities & Interests

  • Gold & iron ore in the northeast DRC
  • Iron ore in Afghanistan

Welcome to Kilo Goldmines

Kilo Goldmines Ltd (Kilo) is an exploration and resource development company with gold and iron ore prospects and resources in the northeastern portion of the Democratic Republic of Congo (DRC) and a non-participatory interest (20%), subject to dilution, in an iron ore prospect in Afghanistan, namely the "Hajigak Project".

We are listed on the Toronto Stock Exchange - Venture ("TSX-V") under the symbol 'KGL' and on the Frankfurt Stock Exchange under the symbol '02K'. Our corporate strategy is to advance solely, or in partnership, our gold and iron ore prospects and resources, in what is defined as the "Kilo-Moto" region, a semi-continuous Archaean Kabalian greenstone belt in the northeast DRC.

In the northeast DRC, we have delineated a 1.67 Moz @ 2.5 g/t NI 43-101 inferred gold resource estimate on our Imbo Licence, one of the eight exploitation licences which form part of the greater "Somituri Project". We are now delineating a number of other highly prospective targets within a 5 km radius of this resource, with the ultimate objective being to grow the gold resource base on this licence significantly and create a multi-pit operating mine of regional significance.

Companies active in the northeast DRC

  • Randgold Resources and AngloGold Ashanti - "Kibali Mine" (>10 Moz of Au reserves,(2012)), operational (2013)
  • Banro Corporation - "Twangiza Mine" and other regional targets(>11 Moz Au resources, (2012)), operational (2011)
  • AngloGold Ashanti - Mongbwalu Project (+/- 1.9 Moz Au resource (2010))
  • Loncor Resources - DRC exploration targets (+/-1 Moz Au resource (2011))
  • Mwana Africa - Zani-Kodo (+/- 2 Moz gold resource (2012))

Our activities in the northeast DRC

We have controlling equity in two companies active in the northeast DRC, namely:

  • KGL-Somituri SARL (71.25%), and
  • KGL Isiro SARL (75%).

Both companies have a gold focus, whilst KGL Isiro SARL has, in addition, considerable iron ore mineralization. KGL Isiro SARL currently holds exploration licenses covering a land area of 2176 km2, whilst KGL-Somituri SARL holds six exploitation licenses within the Archaean Ngayu Greenstone Belt in the Oriental Province of the DRC.

All exploration work falling under KGL-Somituri SARL is collectively referred to as the Somituri Project and to date, resource development work has focused primarily on the Imbo Licence.

In December of 2012, KGL signed a JV agreement with Randgold Resources Ltd (RRL), to explore for and if feasible, develop one or more gold mines on the exploration licences held by KGL Isiro SARL.

Our strategy

Our short and long term business plans include:

  • on the Imbo Licence (part of the greater Somituri Project), delineating and developing a multi-pit resource of a sufficient grade and size, that will support a mine of regional significance. Part of this process includes initiating early study phase activities, including but not limited to social and environmental base line studies, including; hydrology and hydrogeology;
  • defining new drill targets, discover in-situ gold mineralisation and, ultimately, delineate gold resources and develop one or more mines on the other exploitation licenses forming part of the greater Somituri Project;
  • identify one or more partners for the development of KGL Isiro's iron ore prospects;
  • unlocking shareholder value and increasing our DRC gold exposure,  through our strategic partnership with Randgold Resources Ltd, for the exploration licences associated with KGL Isiro SARL;

Our sustainable development initiatives (SDI)

We are a proponent of grassroots sustainable social and economic development in and around the areas in which we operate and our corporate strategy is to:

  • improve the lives of the people we interact with;
  • promote sustainable development;
  • maintain our social license to operate and
  • leave a positive social and environmental legacy after we have gone.

Jan 29 2018
Kilo Goldmines Corporate Presentation January 2018
Jan 24 2018
Management Discussion and Analysis for the Year Ended September 30, 2017
Jan 24 2018
Audited Annual Financial Statements for the Year Ended September 30, 2017
Jan 18 2018
Kilo Goldmines Adopts Amendment to By-laws
Oct 27 2017
Kilo Goldmines applies for extension of Warrants
Sep 26 2017
Kilo Goldmines stream sediment sampling defines new gold exploration targets within the Ngayu greenstone belt
Jul 17 2017
Kilo Goldmines Announces Drilling Results Adumbi Extended Down Dip
May 23 2017
Management Discussion and Analysis for the Three and Six Months Period Ended March31, 2017
May 23 2017
Interim Financial Statement for the Three and Six Months Period Ended March 31, 2017 and 2016


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About Us

At a Glance
Our Approach
Business Principles
Our Strategy
Leadership Team

Our Projects

Overview
Where we Operate
Gold

Sustainability
& Governance

Approach & Principles
Community Development
Environment
Health, Safety & Security
Privacy Policy
Corporate Governance

Investors
& Media

Events Calendar
Company Structure & Ownership
Stock Information
Investor Fact Sheet
Press Releases & Regulatory Filings
Presentations & Interviews
Kilo on the Web
Get KGL News

Contact Us

Corporate Head Quarters
DRC Administration Office, Beni

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