Press Release
Mar 09, 2010 14:23 ET
Kilo Mobilizes Drills to the Somituri Project, a Former Gold Producer in the DRC and Provides an Update on the Masters Project
TORONTO, ONTARIO--(Marketwire - March 9, 2010) -
[Editor's note: there are three photos in the PDF associated with this Press Release.]
Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to provide an update on its gold exploration activities on the Company's Somituri and Masters projects in the north-eastern Democratic Republic of Congo (DRC).
Somituri Project
The planned 10,000 metre diamond drilling program commenced on target in February at the Adumbi site, a former gold producing mine that was active between 1943 and 1958. One drill rig is currently on site (Figure 1) with a second rig expected to arrive by mid-March. In addition, 3 adits (Figure 2), spaced at approximately 200 metre intervals through the Adumbi gold deposit have been sampled. Continuous horizontal channel samples were collected from one wall in each of the adits (Figure 3); the foot wall and hanging wall zones of the previously mined gold bearing quartz vein were sampled. All of the samples from two of these adits as well as some of the samples from the third adit have been shipped to ALS Chemex in Tanzania for sample preparation. The results for these samples are expected in April 2010.
Masters Project
Diamond drill core samples from 20 drill-holes completed in 2009 have recently been shipped to ALS Chemex in Tanzania for sample prep; pulps will be shipped to ALS Chemex in Johannesburg for gold analysis. The results for these samples are expected by mid to late April 2010.
Quality Control (QC) and Analytical Procedures
The QC procedures for the diamond drill-core samples are as stated in Kilo's December 17th 2009 News Release. Kilo's quality control procedures for the adit samples include the insertion of duplicates, commercial standards and blanks with each batch of adit samples submitted for sample preparation and analysis. The diamond drill core samples as well as the adit samples were transported from the DRC by a commercial carrier to ALS Chemex in Mwanza, Tanzania for preparation. A pulp of each sample will be couriered to ALS Chemex in Johannesburg, South Africa for gold analysis by the FA-AA method on a 50 gram charge. ALS Chemex is an internationally accredited laboratory.
The diamond drilling and adit sampling programs were planned and supervised by geological consultant Stanley Robinson. Stanley Robinson, M.Sc., P.Geo is the qualified person under National Instrument 43-101 who has reviewed the scientific and technical information contained in this release.
PDAC Conference
Kilo Goldmines management would like to extend an invitation to visit us at the PDAC Convention in Toronto at booth #2833 in the South Convention Center Pavilion. Representatives of the Company will be available to discuss the Company and its projects in further detail.
About Kilo Goldmines Ltd.
Kilo Goldmines Ltd. is a Canadian gold exploration company that is listed on the TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under the symbol '02K'. The Company has over 16,000 square kilometers of favourable Archaean Kabalian greenstone in the Kilo-Moto area in the Democratic Republic of the Congo. Kilo's principal focus is to advance its projects from exploration through feasibility to project development and ultimately to full production in a socially and environmentally responsible manner.
This news release may contain forward looking statements concerning future operations of Kilo Goldmines Ltd. All forward looking statements concerning the Company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
To view Figures 1, 2 and 3, please visit the following link:
http://www.kilogold.net/downloads/pr9mar2010_photos.pdf
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Kilo Goldmines Ltd.Peter Hooper
Executive Chairman
(416) 360-3415
Email: [email protected]
Website: kilogoldmines.com
Facebook: kilogoldmines.com/facebook
