LKA Gold Completes $1.8 Million Financing & Stock Repurchase Arrangement With Koski Family Limited Partnership
PR Newswire - Mon Aug 11, 8:30AM CDT
LKA Gold Incorporated (OTCQB: LKAI) reports that it recently finalized a private placement of 7.2 million common shares with KFLP at a price of $.25 per share. Proceeds from this financing will enable LKA to expand and accelerate its current exploration program at the Company's Golden Wonder mine located near Lake City, CO. The shares issued to KFLP will be restricted pursuant to SEC Rule 144.
LKA Gold Reports Substantial Increase in Grade and Ounces Derived From Exploration Program During First Half of 2014
PR Newswire - Thu Jul 17, 8:00AM CDT
LKA Gold Incorporated (OTCQB:LKAI) reports that during the first half of 2014, the Company's exploratory mining program yielded approximately 774 ounces of gold from 329 tons of gold enriched vein material. This represents an increase of 1.24 ounces in average grade (ounces of gold per ton) and a 281 ounce increase (57%) over the same period last year. Approximately 56% of this material has been shipped and sold. The remaining material will be sold during the current quarter. Final values of stockpiled vein material (grade and ounces) may, and usually does, vary upon actual settlement.
Thom Calandra Explains Recent Interest in OTC Markets and LKA Gold
PR Newswire - Fri Mar 28, 12:20PM CDT
LKA Gold Incorporated (OTCQB:LKAI) announced that Thom Calandra, in a recent report to his subscribers, provided further details about his interest in OTC markets and his intention to accumulate LKA shares.
LKA Gold announces ore shipments with grades above 1.1 oz gold per ton in 2013
M2 - Mon Mar 24, 7:52AM CDT
Mining company LKA Gold (Other OTC:LKAI) disclosed on Friday that that its ore deliveries yielded 829.76 ounces of gold under it's 2013 exploration programme.
LKA's Gold Reports On 2013 Exploration Activity
PR Newswire - Fri Mar 21, 3:10PM CDT
LKA Gold Incorporated (OTCQB: LKAI) announced that ore deliveries, derived from it's 2013 exploration program, yielded 829.76 ounces of gold. The average grade of the ore delivered for the year was 1.13 oz. (31.18 grams) gold per ton.
CBS Marketwatch Co-Founder, Thom Calandra, Begins Acquiring LKA Gold Shares
PR Newswire - Fri Mar 14, 6:42PM CDT
LKA Gold Incorporated (OTCQB:LKAI) announced that Thom Calandra, a widely recognized researcher and specialist in undervalued resource companies, recently revealed to his subscribers in the The Calandra Report that he would begin buying stock in LKA Gold.
LKA Gold Continues to Encounter High Grades in the North Raise Area of its Golden Wonder Mine
PR Newswire - Tue Mar 04, 7:00AM CST
LKA Gold Incorporated (OTCQB:LKAI) as previously announced, Golden Wonder mine operator, Coal Creek Construction, continues to probe a high-grade vein structure in the North Raise area above the mine's 6th level. A limited number of vein assays taken at the commencement of the current operation, in this raise, averaged 10.37 ounces (294 grams) per ton.
LKA Gold Reports Encouraging Progress in the North Raise Area of its Golden Wonder Mine
PR Newswire - Fri Feb 21, 3:02PM CST
LKA Gold Incorporated (OTCQB:LKAI) announced that its mine operator, Coal Creek Construction, has been pursuing a high-grade vein structure in this North Raise area both above and below the mine's 6th level. Ore grades in this structure, seem to diminish with depth in this particular area however, previous experience suggests this could change quickly. (Multiple vein assays in the high double digits, measured in gold ounces per ton, were encountered at slightly greater depths in earlier exploration.) Conversely, as current operations are extending a "raise" above 6 level, gold enrichment has improved dramatically.
LKA Reports Substantial Fluctuations in Ore Grade During the Fourth Quarter
PR Newswire - Wed Jan 15, 11:40AM CST
LKA Gold Incorporated (OTCQB:LKAI) announced that the grade of vein material extracted during its exploration program varied widely in the fourth quarter of 2013. Crushed and shipped material ranged from a high of 5.13 ounces (145 grams) gold per ton to .41 ounces (11.6 grams) per ton on the low side. Not all of the material processed during the quarter was shipped and two of the shipments have not yet settled. Several tons of crushed vein material remains on site awaiting the results of these settlements/sales.
LKA Gold Appoints New Chief Financial Officer
PR Newswire - Thu Aug 29, 9:13AM CDT
LKA Gold Incorporated (OTCQB:LKAI) is pleased to announce that Michael Hess will be assuming the role as LKA Gold's Chief Financial Officer effective immediately. Mr. Hess will be replacing Nanette Abraham who has served as the Company's CFO for the past 10 years. Mr. Hess is very familiar with all aspects of LKA operations and administration. He has worked with LKA over the past five years as a contract audit and internal control consultant responsible for overseeing the Company's financial reporting, audit preparation and periodic SEC filings. Nanette Abraham will continue to assist in project and administrative cost control.
LKA Discusses Second Quarter Gold Shipments & Discovery of a New High-Grade Zone
PR Newswire - Tue Aug 27, 3:42PM CDT
LKA Gold Incorporated (OTCQB: LKAI) announced that it's second quarter, 2013 ore shipments (exploratory) were below normal due to the substantial amount of vein material mined but not shipped before the end of the quarter. Over 200 tons of such material was crushed, bagged and remained on LKA's property at the end of the quarter. Average grades of this unshipped material were approximately .74 ounces (21 grams) gold per ton.
LKA Gold Engages C. K. Cooper & Company as Financial Advisor
PR Newswire - Thu May 30, 8:48AM CDT
LKA Gold Incorporated (OTCQB: LKAI) announced today that it has engaged C. K. Cooper & Company (MEMBER: FINRA/SiPC) for investment banking services and to develop finance options for expanding the Company's current exploration program at its Golden Wonder mine located near Lake City, CO.
LKA Gold Deliveries From Exploration Program Up 90% Over Year-Ago Period.
PR Newswire - Tue May 21, 1:30PM CDT
LKA Gold Incorporated (OTCQB: LKAI) announced that first quarter ore deliveries from its Golden Wonder exploration program contained 257 ounces of gold with a gross value of $411,402 vs. 135 ounces valued at $232,609 during the same period in 2012. Gold sales, net of milling and processing charges, were $289,026 vs. $193,893 in the year-ago period.
LKA Gold Welcomes Canadian Geologist and Former Advisor to Board of Directors
PR Newswire - Thu Apr 18, 8:00AM CDT
LKA Gold Incorporated (OTCQB: LKAI) announced today that Mr. Francois Viens has joined LKA's Board of Directors.
LKA Gold Welcomes Former Advisor to Board of Directors
PR Newswire - Tue Apr 16, 8:00AM CDT
LKA Gold Incorporated (OTCQB: LKAI) announced today that Mr. Sean Tingey, CPA, will be joining LKA's Board of Directors effective today. Mr. Tingey has also been designated by LKA's Board of Directors as chairman of the company's audit committee.
LKA Announces Name Change to "LKA Gold Incorporated" and Other Corporate Developments
PR Newswire - Fri Mar 15, 1:00PM CDT
LKA International, Inc. (OTCQB: LKAID) announced today that it received final approval from FINRA to change the Company's name to "LKA Gold Incorporated" and to reverse spilt the Company's shares on a one-for-two basis. LKA's stock symbol will remain the same ("LKAI"
Golden Wonder Ore Grades Increase To 1.55 Ounces Per Ton in 2012
PR Newswire - Tue Mar 12, 11:03AM CDT
LKA International, Inc. (OTCQB:LKAI) announced that average grades on 2012 ore shipments, derived from its exploration program at the Company's Golden Wonder mine, rose to 1.55 ounces (43.9 grams) gold per ton vs. 1.44 ounces (40.8 grams) in 2011.
LKA Announces Agreement With Hinsdale County to Complete Phase II Donation of Historic Ute Mill Site
PR Newswire - Thu Feb 28, 4:27PM CST
LKA International, Inc. (OTCQB: LKAI) announced today that it recently signed an agreement to transfer ownership of its historic Ute Mill site to Hinsdale County, Colorado. This second and most recent agreement sets in motion phase two of a two-part arrangement to convey both the town and mill site portions of LKA's in inactive silver properties to the County. LKA signed deeds conveying title to the town site last October, 2012.
LKA Reports 2012 Gold Sales From Exploration Up 100% Over Previous Year
PR Newswire - Tue Feb 26, 7:30AM CST
LKA International, Inc. (OTCQB: LKAI) announced that gold ore deliveries by its Golden Wonder mine operator, Coal Creek Construction, exceeded 1,335 ounces during 2012. Ore sales more than offset the Company's exploration expenses for the year. The net value of 2012 gold sales exceeded $1.7 million vs. $851,561 in 2011.