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Last C$0.04 CAD
Change Today +0.005 / 14.29%
Volume 242.0K
WKG On Other Exchanges
As of 3:28 PM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

westkam gold corp (WKG) Snapshot

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08/20/14 - C$0.07
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westkam gold corp (WKG) Details

WestKam Gold Corp. engages in the exploration and development of mineral properties in Canada. The company primarily explores for gold and copper properties. It holds interests in Bonaparte gold project that covers 2,216 hectares located near Kamloops, British Columbia. The company was formerly known as Encore Renaissance Resources Corporation and changed its name to WestKam Gold Corp. in May 2012. WestKam Gold Corp. was incorporated in 1982 and is headquartered in Vancouver, Canada.

Founded in 1982

westkam gold corp (WKG) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$42.0K
Compensation as of Fiscal Year 2013.

westkam gold corp (WKG) Key Developments

Bonaparte Exploration Generates Priority Drill Targets for 2015

WestKam Gold Corp. announced that the successful results of the 2013 and 2014 geophysical surveys, supported by historical geochemical and geological results, have generated several priority drill targets for the upcoming 2015 Exploration Program on the Bonaparte Project. The Discovery Gold Zone exhibited a high resistivity and chargeability response from the 2013/14 Volterra 3D Induced Polarization surveys, which has been traced from line to line over south-southeast of the Discovery Gold Zone. Other similar a distance of 1,200 meters to the south geophysical responses are noted to the east of, and parallel to, the Discovery Gold Zone trend which are also supported by anomalous historical gold geochemical results. To the south-southwest of the Discovery Gold Zone, a complex magnetic anomaly with zones of high chargeability is located under a flat lying basalt cap. The complex magnetic signature may indicate the presence of a multiphase intrusive body favorable for the development of a porphyry-like body which is a target of interest. WestKam and its technical advisors have determined that it has generated several priority targets which warrant a drill program in 2015. Financing dependent, a 1,000 to 3,000 meter drill program is planned and all required permits are in place. WestKam has developed a strong working relationship with the Stk'emlupsemc te Secwepemc Nation (known as the SSN) in whose traditional territory Bonaparte project is located. WestKam intends to contract with SSN companies to carry out activities related to the 2015 program. Since 2012, SSN has provided WestKam with water monitoring and sampling services to ensure surface water discharge at the Project site complies with Provincial water quality standards. Recent clear cut logging and road building operations to the southeast of the Discovery Gold Zone provides excellent access along the surface trace of the Discovery Gold Zone trend, well beyond the limits of the Volterra 3D Induced Polarization survey.

WestKam Gold Corp. Auditor Raises 'Going Concern' Doubt

WestKam Gold Corp. filed its Annual on Feb 27, 2015 for the period ending Oct 31, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

WestKam Gold Corp. Reports Exploration Program at Bonaparte Gold Project, British Columbia

WestKam Gold Corp. reported that its 2014 exploration program on the company's Bonaparte Gold Project near Kamloops, British Columbia was successful in advancing both of the property's key mineral targets: Shear-hosted, high-grade gold mineralization in quartz veins (Discovery Zone), and bulk tonnage, porphyry copper-gold target. The 2014 field program, completed in November 2014, included mapping and prospecting, 3D IP and magnetic geophysical surveys and soil geochemistry. The objectives were to locate extensions of, and obtain substantially more information about, both the Discovery Zone and porphyry targets. The Volterra 3D IP and ground magnetic surveys substantially extended the strike length of the high-grade Discovery gold zone trend. The extent of the zone's chargeability and resistivity anomalies has now been traced 1.2 kms from the Discovery Zone to the south-southeast, and the zone remains open. Several parallel features of similar chargeability and resistivity signatures have also been identified. These discoveries provide a number of attractive drill targets for the next phase of exploration. Southwest of the Discovery Zone, the 2013 surveys discovered a large magnetic anomaly comprised of extreme highs and lows with coincident IP chargeability responses under a younger basalt cap. These results suggested potential for a multi-phase intrusive. Additional Volterra 3D IP and magnetic surveys conducted in 2014 have expanded this target zone a further 800 meters to the south. Several chargeability anomalies within this zone present drill targets for the 2015 exploration program.


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