Recent Drill Results

December 7, 2010
Kilo Drilling Intersects 2.07 g/t Gold Over 58.8m on the Adumbi Prospect, Somituri, DRC

November 23, 2010
Kilo Drilling Intersects 5.01 g/t Gold Over 21.0m on the Adumbi Prospect, Somituri, DRC

October 27, 2010
Kilo Drilling on the Manzako Prospect Intersects 4.70 Metres Grading 9.37 g/t Gold, Somituri Project, DRC

October 21, 2010
Kilo's 960m Step-out Drill Hole Intersects 11.45m grading 3.33g/t Gold on the Adumbi Prospect, Somituri Project, DRC

October 19, 2010
Kilo Drilling Intersects 83.70m Grading 2.01g/t Gold on the Adumbi Prospect, Somituri Project, DRC

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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'. The company is actively drilling several past producing mines in the Democratic Republic of Congo (DRC). Key targets are ~200 km away from the Moto discovery (20M+ oz) and ~450km away from Banro (11M+ oz).

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Investment Highlights

  • Experienced team headed by Klaus Eckhof who founded Moto Goldmines (acquired by Rangold Resources last year) and Peter Hooper
  • 16,000 km2 of highly prospective ground in the Kibalian greenstone belt; key targets are 200 km away from Moto discovery (20M+ oz); 450km away from Banro (11M+ oz)
  • Total historic resources of 1.7M oz of gold *
  • Total historic gold production of 630,025 oz (recovered grades of 7-9 g/t)*
  • Strategic partnership with Rio Tinto for iron ore assets
  • Key shareholders: Randgold Resources (12.5%), institutional investors (31.6%), insiders and retail investors (55.9%)
* 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.