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Overview | Investment Highlights | Stock Information | Properties | Management and Board | Links | Board Profiles | Executive Profiles

Overview


Kilo Goldmines Ltd. is a gold exploration and development company that is listed on the TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under the symbol '02K.FSE'. The company is actively drilling several past producing mines in the Democratic Republic of Congo. Key targets are ~200 km away from the Moto discovery (22.5 M oz) and ~450km away from Banro (11.2 M oz).


Investment Highlights

  • Experienced team headed by Klaus Eckhof who founded Moto Goldmines (acquired by Rangold last year)
  • Total historic resources of 1.7M oz of gold *
  • Total historic gold production of 630,025 oz (recovered grades of 7-9 g/t)*
  • No real activity on these properties since the Belgians left DRC in 1960
  • Strategic partnership with Rio Tinto for iron ore assets
  • Kilo's corporate objective in 2010 is to delineate 2 to 4 million ounces of gold (NI 43-101 compliant).

* Data obtained from a compilation of archived records in the Royal Museum for Central Africa ("RMCA") Tervuren, Belgium, by RMCA (2007) under contract to Kilo. Non 43-101 compliant.


Stock Information



Shareholder makeup (as of April 2010):

  • 12.5% - Randgold Resources Ltd.
  • 31.6% - Institutional investors
  • 55.9% - Insiders and retail investors

Properties


Kilo has five gold properties totalling approximately 16,000 square kilometers mainly in the Orientale Province, Democratic Republic of Congo (DRC). These properties are located in the Archaean Kabalian greenstone geological formation. Kilo holdings include former producing mines (1927-1959) where gold production of approximately 360,000 ounces reportedly occurred in the past from alluvial and hard rock sources. Kilo's properties are between Randgold (formerly Moto Goldmines) ~250km to the north-east and Banro Corporation ~450km to the south; indicated and inferred gold resources of the aforementioned are approximately 22.5 M ounces and 11.2 M ounces respectively.



Management and Board


Klaus Eckhof, President & CEO, Director
Peter Hooper, Executive Director, Chairman
Jacques Bouchard, Director — Partner & Director of International Business at Heenan Blaikie
Jim Mustard, Director — Former Senior Mining Analyst, Vice President at Haywood Securities Inc.
Philip Gibbs, CFO
Stanley Robinson, Consulting Geologist
Michael Short, Consulting Engineer
Alan Bell, Security Consultant


Links


Website: http://www.kilogoldmines.com

Contact: http://www.kilogold.net/profile/contact.cfm

Mailing List: http://www.kilogold.net/email-list.cfm

Twitter: http://www.kilogold.net/email-list.cfm

Facebook: http://www.kilogold.net/facebook/

Corporate Information on Stockhouse



Board Members:

 Peter J. Hooper
Peter J. Hooper
Executive Chairman

B.Sc., Mining Engineering with 30+ years' experience including gold exploration and production in South Africa, Ghana, and China. Extensive global relations and Board experience with many successful resource companies.


Executives:

 Klaus  Eckhof
Klaus Eckhof
President & CEO

Geologist with 20 years' experience developing mineral deposits throughout Africa, South America, Asia, Australia and Russia. Founded Spinifex Gold, Lafayette Mining, and Moto (20+ M oz gold acquired by Randgold).

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