At a Glance
About Us
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, subject to dilution, interest (20%), 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 addition:
- we intend to aggressively develop and grow our gold resources associated with our “Imbo Licence”, a 1.87 Moz, NI 43-101 inferred gold resource estimate on one of the eight exploitation licences held by KGL-Somituri SPRL. Once developed, we will leverage this project to develop other projects on the exploitation licenses held by KGL-Somituri SPRL (“Somituri Project”) and increase our regional gold exposure to include other exploration permits.
- we will seek strategic alliance with appropriate business partners to unlock the value of the mineral resources held by KWR Iron SPRL. This includes:
- our Joint Venture (JV) with RioTinto Plc for the exploration and development of the iron ore resources held by KWR Iron SPRL; and
- the selection of an appropriate JV partner(s) to develop the potential gold resources contained within the exploration permits held by KWR Iron SPRL.
- we will passively support our 20% interest in the Hajigak iron ore prospect in Afghanistan, with the view of unlocking shareholder value from what has the potential to be, an iron ore project of regional significance.
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.