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Last A$0.0090 AUD
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KGM On Other Exchanges
As of 2:16 AM 07/10/15 All times are local (Market data is delayed by at least 15 minutes).

kalnorth gold mines ltd (KGM) Snapshot

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kalnorth gold mines ltd (KGM) Details

KalNorth Gold Mines Limited explores and develops gold properties in Western Australia. The company operates through two segments, Mine Development and Mineral Exploration. The company holds interests in the Lindsay’s, Kurnalpi, and Kalpini projects located in the Kalgoorlie goldfields region. It also owns interest in the Spargoville project comprising 16 tenements covering an area of 55 square kilometers and is located to the south of Kalgoorlie. The company was formerly known as Carrick Gold Limited and changed its name to KalNorth Gold Mines Limited in October 2012. KalNorth Gold Mines Limited is headquartered in Kalgoorlie, Australia.

kalnorth gold mines ltd (KGM) Top Compensated Officers

Company Secretary and Executive Director
Total Annual Compensation: A$65.8K
Group Exploration Manager
Total Annual Compensation: A$292.7K
Compensation as of Fiscal Year 2014.

kalnorth gold mines ltd (KGM) Key Developments

Kalnorth Gold Mines Limited Completes Comprehensive District Scale Geological Interpretation and Targeting Exercise, Based Upon Geophysical Data, at its 100% Owned Kurnalpi Project

KalNorth Gold Mines Limited announced that it has completed a comprehensive district scale geological interpretation and targeting exercise, based upon geophysical data, at its 100% owned Kurnalpi Project, located 90km to the east of Kalgoorlie. Comprehensive acquisition and merging of publically available aeromagnetic and company commissioned gravity surveys to provide the high resolution datasets for the interpretation process. Range of targets identified from the interpretation that are considered prospective areas for gold mineralization. Future work proposed to include, detailed Kurnalpi wide geological mapping, Aircore and RAB drilling at top tier targets. The company's wholly owned Kurnalpi project is located some 90 kilometres to the east of Kalgoorlie and covers approximately 100 square kilometres centered on the historical Kurnalpi townsite. Kurnalpi was the site of a major alluvial gold rush in the late 1890's, was exploited in the mid 1980's by modern alluvial mining and continues to yield gold nuggets to this day over a wide area by prospectors who work the company's ground under agreement. Numerous small historical gold workings are located throughout the Kurnalpi area but a primary source to the extensive alluvial gold areas is yet to be located. The company considers the Kurnalpi Project to have the core geological, geophysical, geochemical and structural characteristics that are required to host major Archaean orogenic lode gold deposits, and has initiated work to progress exploration over this high priority area.

KalNorth Gold Mines Limited Appoints (Jerry) Jiajun Hu as Non-Executive Chairman

The directors of KalNorth Gold Mines Limited announced that existing non-executive director, Mr. (Jerry) Jiajun Hu has been appointed as a Non-Executive Chairman of the Board, effective 15 April 2015. Mr. Jiajun Hu, a non-executive Director of the Company since December 2013, is a Regional Business Executive of Cross Strait Common Development Fund Co. Ltd.

KalNorth Gold Mines Limited, Annual General Meeting, Nov 28, 2014

KalNorth Gold Mines Limited, Annual General Meeting, Nov 28, 2014., at 10:00 W. Australia Standard Time. Location: The Offices of RSM Bird Cameron. Agenda: To receive and consider the financial report of the company for the year ended 30 June 2014, together with the reports of the directors and auditors thereon; to adopt remuneration report for the year ended 30 June 2014; to consider and approve spill resolution; to re-elect directors; to ratify placement of shares; to approve issue of convertible notes; to approve 10% placement facility; and to conduct or transact any other business that may be properly brought before the Annual General Meeting.


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