Proactiveinvestors Australia

Kilo Goldmines
Kilo Goldmines is focused on the Democratic Republic of Congo, where it is drilling several past producing gold mines, with the ultimate aim of developing projects to full production. The management team has a history of success working in Africa and has three joint ventures in a land holding of more than 4,500 sq km. An updated inferred resource in March 2012 for the Adumbi deposit at its 606 sq km Somituri project revealed 1.9 mln ounces gold at 1.6 g/t and 1.6 mln ounces at 2 g/t silver. The company also has a strategic partnership with mining giant Rio Tinto for the iron ore assets on the company's properties. Kilo Goldmines is listed on the TSX Venture Exchange and the Frankfurt Exchange.

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