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Last $0.50 USD
Change Today 0.00 / 0.00%
Volume 8.4K
LKAI On Other Exchanges
As of 8:10 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

lka gold inc (LKAI) Snapshot

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08/11/14 - $0.77
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12/1/14 - $0.15
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lka gold inc (LKAI) Details

LKA Gold Incorporated, an exploration stage company, acquires and develops various mineral properties in the United States. It explores for gold, silver, lead, and zinc metals. The company owns various real and personal property interests located near Lake City, Colorado. Its principal property includes the Golden Wonder Mine that consists of three patented and 25 unpatented mining claims located to the south of Lake City, Colorado. The company was formerly known as LKA International, Inc. and changed its name to LKA Gold Incorporated in March 2013. LKA Gold Incorporated was incorporated in 1988 and is based in Gig Harbor, Washington.

1 Employees
Last Reported Date: 04/10/15
Founded in 1988

lka gold inc (LKAI) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $138.0K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $12.0K
Compensation as of Fiscal Year 2014.

lka gold inc (LKAI) Key Developments

LKA Gold Incorporated Auditor Raises 'Going Concern' Doubt

LKA Gold Incorporated filed its 10-K on Apr 10, 2015 for the period ending Dec 31, 2014. In this report its auditor, Malone & Bailey, PLLC, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

LKA Gold Incorporated announced delayed annual 10-K filing

On 04/01/2015, LKA Gold Incorporated announced that they will be unable to file their next 10-K by the deadline required by the SEC.

LKA Gold Incorporated to Release Initial Results of Underground Drilling Program

LKA Gold Incorporated reported it will announced the initial results of the current underground drilling program being conducted at the company's olden Wonder mine next Tuesday, January 20, 2015. Vein material is extracted as crews follow the volcanic vent system along the wall of the Uncompahgre Caldera. This method of exploratory mining and underground drilling proved successful in locating the first commercial ore body which yielded more than 133,000 ounces of gold from a single ore chute measuring less than 10,000 cubic feet. From 1998, through the second quarter of 2006, the average grade of Golden Wonder ore was 16.01 ozs. (454 grams) gold per ton. The company believes that additional such ore chutes may exist on its mining claims. Upon resuming exploratory operations in the first quarter of 2009, LKA has extracted and/or shipped (sold) twenty-nine bulk samples of crushed vein material containing nearly 4,400 ounces of gold with a net value, after processing, of over $5 million. The company continues to seek and evaluate financing options to expand/accelerate this program. Investors are cautioned that the company continues to generate substantial losses and additional funding and exploration work is required. A commercially viable ore reserve has yet to be established and there can be no guarantee that the company will be successful in this regard.


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