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kalimantan gold corp ltd (KLG) Details

Kalimantan Gold Corporation Limited is engaged in the acquisition, exploration, and development of mineral properties in Kalimantan, Indonesia. It has interest in the KSK Contract of Work porphyry copper prospect located in central Kalimantan; and an Izin Usaha Pertambangan for the Jelai gold project in east Kalimantan. The company is based in White Rock, Canada.

kalimantan gold corp ltd (KLG) Top Compensated Officers

Corporate Secretary
Total Annual Compensation: --
Vice President of Indonesia
Total Annual Compensation: C$124.9K
Compensation as of Fiscal Year 2014.

kalimantan gold corp ltd (KLG) Key Developments

Kalimantan Gold Corporation Limited Presents at Proactive Investors One2One Investor Forum - London, Jun-18-2015

Kalimantan Gold Corporation Limited Presents at Proactive Investors One2One Investor Forum - London, Jun-18-2015 . Venue: Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, London, United Kingdom.

Kalimantan Gold Corporation Limited Announces Assay Results from Additional Seven Holes Drilled as Part of an Intensive Resource Evaluation Program in Progress at its Flagship Beruang Kanan Copper Project in Central Kalimantan, Indonesia

Kalimantan Gold Corporation Limited announced assay results from an additional seven holes drilled as part of an intensive resource evaluation program in progress at its Beruang Kanan copper project in Central Kalimantan, Indonesia. Moderate to high grade copper mineralization was reported in all seven holes and drilling to date continues to meet or exceed expectations. Good continuity of mineralization is being confirmed between holes and sections within the Beruang Kanan Main ("BKM") deposit and additional copper mineralization continues to be intersected beyond the existing mineral resource boundaries to the west. As in the previously reported holes the copper mineralization occurs near surface hosted in stock work fractured and quartz veined breccia, and as open space fill. In total 15 holes for 1,196.1 meters have been completed to date and two holes are currently in progress. Final assays have now been received for an additional 537 meters in 7 drill holes.  Holes BKM32450-03 (75.2m end of hole (EOH)), BKM32450-04 (65.4m EOH) and BKM32450-05 (65.4m EOH) were all drilled as infill holes on section line BKM32450. BKM32450-03 intersected a cumulative 26m interval (3 individual sections) of highly elevated copper mineralization in centimeter to meter scale quartz veins within a strongly silicified and brecciated host rock. BKM32450-04 intersected a cumulative 7.2m interval (2 individual intersections) of moderate and highly elevated copper mineralization in centimeter to meter scale quartz - pyrite veins and BKM32450 intersected high grade near surface copper in brecciated and silicified volcanoclastic rocks with significant chalcocite mineralization reported. Better assay intervals received from each of the above three holes respectively include: 5.0 meters at 2.05% Cu (from 48.0 meters depth); 5.2 meters at 1.21% Cu (from 58.0 meters depth); 17.0 meters at 1.61% Cu (from 12.0 meters depth). Holes BKM31750-03 (75.0m EOH), BKM31750-04 (75.3m EOH), BKM31750-05 (90.3m EOH) and BKM31750-06 (90.4m EOH) were collared to expand the BKM deposit beyond its current western limits on section line BKM31750.  The covellite-chalcocite copper mineralization in each hole appears to be considerably more pervasive within the host rock than in other parts of the deposit. BKM31750-03 intersected stockwork and vein hosted copper mineralization throughout most of hole. Better intercepts from BKM31750-03 include: 64.0 meters at 0.74% Cu, (from 8.0 meters depth); Including 5 meters at 1.60% Cu (from 8.0 meters); Including 8 meters at 1.16% Cu (from 15.0 meters). Hole BKM31750-04 intersected a cumulative 41.3m interval (4 individual intersections) of moderate grade copper mineralization in centimeter to meter scale quartz veins and bottomed in copper mineralization with the final 1.3 meters assaying 0.67% Cu. BKM31750-05 and BKM31750-06 respectively intersected 15.0m interval of near surface copper mineralization in centimeter to meter scale quartz veins and, a cumulative 19.5m interval (4 individual intersections) of moderate and high grade copper mineralization in centimeter to meter scale quartz veins. These three holes extend copper mineralization for a further 150 meters beyond the current western limits of the BKM Resource on the southern part of the deposit. Better intercepts include: BKM31750-04: 17.0 meters at 0.98% Cu, (from 39.0 meters depth); 10.3 meters at 0.74% Cu, (from 65.0 meters depth). BKM31750-05: 15.0 meters at 1.02% Cu, (from 17.0 meters depth). BKM31750-06: 10.0 meters at 0.81% Cu, (from 75.0 meters depth); Including 7 meters at 1.02% Cu (from 78.0 meters). Drilling planned for the BKM deposit in 2015 is designed to increase Resource confidence and expand the size of the deposit. An update of the Resource Estimate is planned for Third Quarter 2015.  The first eleven holes have confirmed continuity of mineralization on each section line drilled and the BKM31750 section drill holes indicate copper mineralization is potentially more pervasive in the southern part of the BKM deposit than previously recognized.

Kalimantan Gold Corporation Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Kalimantan Gold Corporation Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. The company incurred a loss and comprehensive loss for the three month period ended March 31, 2015, of $4,586,633 compared to $178,652 a year ago.


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