Kilo Gold­mines drills 23.45 m of 6.08 g/t Au at Adumbi

Stockwatch Daily - - MINES & METALS - Mr. Philip Gibbs re­ports

KILO GOLD­MINES Ltd. has re­leased the re­sults of its com­pleted drill pro­gram 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 north­east­ern Demo­cratic Repub­lic of the Congo (DRC).

• Sig­nif­i­cant RP zone in­ter­sec­tions in each hole are:

• SADD0050: 434.73 to 447.42 m with 12.69 m at 5.51 g/t Au (in­clud­ing 5.49 m at 9.67 g/t Au);

• SADD0051: 393.43 to 402.72 m with 9.29 m at 4.09 g/t Au;

• SADD0052: 389.72 to 401.87 m with 12.15 m at 3.24 g/t Au;

• 419.15 to 428.75 m with 9.60 m at 5.04 g/t Au;

• SADD0053: 346.36 to 355.63 m with 9.27 m at 3.71 g/t Au;

• 391.72 to 415.17 m with 23.45 m at 6.08 g/t. Drilling — Adumbi prospect The RP zone was in­ter­sected in all four of the new drill holes (SADD0050, SADD0051, SADD0052 and SADD0053). Vis­i­ble gold was lo­cally ob­served in the RP zone in three drill holes. Less in­tensely al­tered rock oc­curs out­side the RP zones and also lo­cally car­ries sig­nif­i­cant gold grades.

The re­sults show that the RP zone ex­tends down dip to at least 375 m be­low sur­face (that is about 100 m deeper than de­fined by pre­vi­ous drilling) and that the width and grade of the min­er­al­iza­tion are con­tin­u­ing with depth. The data also sup­port

the in­ter­pre­ta­tion that the higher-grade shoots within the RP zone dip steeply to the north­west at about 80 de­grees. In or­der to fur­ther as­sess the eco­nomic po­ten­tial of the RP zone, min­er­alog­i­cal stud­ies to de­ter­mine gold de­port­ment are planned, fol­lowed by met­al­lur­gi­cal test work.

(See KGL Ta­ble 1 on page 12)

Other ex­plo­ration

A stream sed­i­ment (BLEG) sam­pling pro­gram is un­der way on five li­cence ar­eas within the Ngayu belt, with the ob­jec­tive of iden­ti­fy­ing and pri­or­i­tiz­ing tar­gets for fol­low-up by soil sam­pling. A planned pro­gram of a to­tal of 315 sam­pling sites has been com­pleted and sam­ple prepa­ra­tion is un­der way prior to sub­mis­sion to an SGS lab­o­ra­tory in Ire­land for anal­y­ses.

Ex­plo­ration is also planned in the eastern part of the Imbo li­cence, where stream sed­i­ment and rock chip sam­pling in­di­cate an ex­ten­sion of the Adumbi/Kitenge/Man­zako min­er­al­ized trend over a strike of about seven km. The pro­gram will en­tail soil sam­pling at 40 m in­ter­vals along 160 m spaced lines, and will be ac­com­pa­nied by ge­o­log­i­cal map­ping, rock chip sam­pling, chan ne l sam pling and trench­ing/auger­ing.

We seek Safe Har­bor.

Erika Flores con­densed this news re­lease (erikaf@stock­watch.com).

James Wil­liam Mus­tard, David G Nether­way, Loudon Frank Owen, John Wel­born

(KGL) Shares: 169,699,855

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