Kilo Goldmines Ltd. announced today that Mr. John Welborn has resigned as a director of the Company. On behalf of the Board, the Chairman, Mr. David Netherway, expressed his thanks to Mr. Welborn for his contributions to the Company during his tenure. Following Mr. Welborn’s resignation, the Board is comprised of three directors, being David Netherway , James Mustard and Louden Owen, and there are no immediate plans [...]
Kilo Goldmines Ltd. is pleased to announce that it has received the final draw down of A$250,000 under its previously announced A$750,000 secured term credit facility from major shareholder Resolute Pty Ltd . Kilo is also pleased to announce that Resolute has agreed to extend the repayment date of the loan from December 14, 2018 to March 14, 2019. Under the loan agreement, Kilo also has the right to extend repayment for a [...]
Kilo Goldmines Ltd. announced today that it and its direct subsidiary, Kilo Goldmines Inc. , have entered into a loan agreement for a A$750,000 secured term credit facility from major shareholder Resolute Pty Ltd , a subsidiary of ASX-listed Resolute Mining Ltd. which is headquartered in Perth, Australia. The credit facility is secured against all assets and undertaking of the Borrowers, including a pledge of the shares [...]
TORONTO, Jan. 18, 2018 -- Kilo Goldmines Ltd. announced today that, subject to regulatory approval, it has adopted an amendment to its by-laws, similar to by-law amendments and policies adopted by numerous other Canadian public companies, requiring advance notice to the Company for nominations of directors by shareholders other than through a requisitioned meeting or by way of a shareholder proposal pursuant to applicable [...]
Kilo Goldmines announced today that it has applied to the TSX Venture Exchange for acceptance to extend the expiry date of 12,993,386 outstanding common share purchase warrants for an additional twelve month period to December 24, 2018. Each warrant currently entitles the holder to purchase one common share of the Company at a price of $0.095 per share until December 24, 2017. Insiders of the Company own approximately [...]
Kilo Goldmines is pleased to provide the results of a BLEG stream sediment sampling program on five licences within the Ngayu greenstone belt in the north-eastern Democratic Republic of Congo.Three well-defined BLEG anomalies have been located as follows: In the northern part of PE9692, where anomalous values of 21 - 41 ppb Au indicate the potential for mineralization over a strike of about 2 km. Follow-up mapping and [...]
TORONTO, ONTARIO--(Marketwired - Jul 17, 2017) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide the results of its completed drill programme to test the down dip extension at the Adumbi Prospect, as well as an update on regional exploration activities on its Imbo Licence (PE9691) falling within the Ngayu greenstone belt in the north-eastern Democratic Republic [...]
TORONTO, ONTARIO--(Marketwired - May 4, 2017) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide an update on the exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic of Congo ("DRC"). Program highlights Drilling completed at Adumbi South, Adumbi West and Kitenge targets First of four holes at [...]
TORONTO, ONTARIO--(Marketwired - Mar 16, 2017) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to announce the appointment of Mr. John Welborn to the Board of Directors, subject to regulatory approval. Mr. Welborn is the Managing Director and CEO of Resolute Mining Ltd. ("Resolute") a leading Australian gold miner with more than 20 years of successful exploration [...]
TORONTO, ONTARIO--(Marketwired - Mar 14, 2017) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide an update on the exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic of Congo ("DRC"). Drilling The drilling programme currently underway on the Imbo licence is designed to test coincident [...]
TORONTO, ONTARIO--(Marketwired - Jan 30, 2017) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to provide an update on its exploration program on its Imbo Licence (PE9691) within the Ngayu greenstone belt in the northeastern Democratic Republic of the Congo ("DRC"). DIAMOND DRILLING PROGAM IN PROGESS: The current 63 hole (8,900 m) program is designed to test coincident [...]
TORONTO, ONTARIO--(Marketwired - Nov 2, 2016) - Kilo Goldmines Ltd. ("Kilo" or "KGL" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to announce the commencement of a 63 hole diamond drilling program totalling 8,900 metres on the Imbo Licence (PE9691) in the northeastern Democratic Republic of Congo ("DRC"). The program is designed to test soil geochemical and geophysical anomalies on three targets located [...]
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