At a Glance
Kilo Goldmines Ltd (Kilo) is an exploration and resource development company with gold and iron ore assets in the northeast of the Democratic Republic of Congo (DRC) and a minority interest (20%), subject to dilution, in the Hajigak iron ore project in Afghanistan.
We are listed on the TSX Venture Exchange under the symbol ‘KGL’ and on the Frankfurt Stock Exchange under the symbol ’02K’. Our strategy is to develop solely or in partnership, our gold and iron ore prospects, in what is defined as the “Kilo-Moto” region, a semi-continuous Archaean Kabalian greenstone belt in the northeast DRC. In particular:
- we intend to aggressively develop and grow our gold resources associated with our “Imbo Licence”, a 1.67 Moz, NI 43-101 inferred gold resource estimate on one of several exploitation licences held by KGL-Somituri SPRL. Once developed, we will leverage this project to develop projects on other exploitation licenses held by KGL-Somituri SPRL (“Somituri Project”) and increase our regional gold exposure to include other exploration permits.
- we will seek to strengthen our strategic alliance with Randgold Resources Ltd (“Randgold”) to unlock the value of the mineral resources held by KGL Isiro SPRL, our joint venture with Randgold.
As a company, our mission is to unlock shareholder value by growing and developing the Company’s mineral assets in a socially and environmentally responsible manner.