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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

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.

WestKam Gold Corp. Announces Auditor Changes, Effective from December 9, 2014

WestKam Gold Corp. announced that it has changed its auditors from Kanester Johal, Chartered Accountants to Davidson & Company LLP, Chartered Accountants, effective from December 9, 2014. At the request of the company, the former auditors resigned as auditors of the company effective December 9, 2014. The Board of Directors has appointed the successor auditors as the company's auditors in place and stead of the former auditors effective December 9, 2014 until the close of the next annual general meeting of the company.

Westkam Gold Corp. Completes Acquisition of the Additional 17% Interest on its Existing Seven Claims of the 75%-Owned Bonaparte Gold Property

WestKam Gold Corp. announced that, pursuant to its news release dated December 31, 2013, it has completed acquisition of the additional 17% interest on its existing seven claims of the 75%-owned Bonaparte Gold Property, thereby increasing the company's ownership position in the Property to 95.66%. These seven claims total 2,216-hectares (5,507 acres). The Bonaparte Property consists of a total of eight claims, representing 2,461-hectares (6,081 acres) and is located approximately 35 kilometres north of Kamloops, British Columbia. The property is accessible by paved and well-maintained gravel roads. The company also announced that it has entered into a property option agreement to acquire an additional 2% interest in the claims. In order to earn the additional 2% interest, the company must issue to the optionor 2,750,000 common shares. The transaction is subject to the approval of the TSX Venture Exchange.


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