Kaminak Reports Infill Drill Results from the Supremo Deposit, Coffee Gold Project
Marketwired - Thu Feb 05, 7:04AM CST
Kaminak Gold Corporation (TSX VENTURE: KAM) today announced final results for the 2014 infill drilling at Coffee, Kaminak's flagship development track gold project located 130 km south of Dawson City, Yukon. A Preliminary Economic Assessment (PEA) completed for Coffee in 2014 defined a robust, high-margin, 11-year open-pit mining opportunity at a US$1250/oz gold price; the project is currently at the feasibility stage.
KAM.VN: 1.000 (unch)
Kaminak Gold: Advancing Major Yukon Discovery
Scott Wright - Seeking Alpha - Mon Feb 02, 11:12AM CST
It was in 1896 when prospectors stumbled across large quantities of gold in one of the tributaries of the Yukon's Klondike River. Word of this discovery spread like wildfire. And in no time at all prospectors from far and wide set course to get a...
Update: Kaminak Gold Announces Infill Drilling Results At Kona, Makes A New Nearby Discovery
Ben Kramer-Miller - at Seeking Alpha - Thu Jan 29, 2:51AM CST
Update: Kaminak Announces Yet Another New Gold Discovery At The Coffee Project
Hard Asset Investments - at Seeking Alpha - Tue Jan 27, 3:46PM CST
Kaminak Reports Infill Drill Results and Announces New Gold Discovery at Coffee Gold Project
Marketwired - Tue Jan 27, 7:03AM CST
Kaminak Gold Corporation (TSX VENTURE: KAM) today announced 2014 infill drilling results from the Kona Deposit and a new, oxide gold discovery at Coffee, Kaminak's flagship development track gold project located 130 km south of Dawson City, Yukon. Kona is the only granite hosted of four gold deposits considered in a 2014 NI 43-101 Preliminary Economic Assessment (PEA) contributing approximately 26,000 recoverable oxide gold ounces at an average diluted grade of 1.22 g/t Au. The Kona deposit remains open along strike and to depth and is associated with a 2.5 km long gold-in-soil anomaly, of which, only 500m has been drill tested to date. Though contributing relatively few ounces in the current PEA, Kona, together with Kona North, a separate high-grade gold discovery announced in 2014, represent key resource upside targets at Coffee.
KAM.VN: 1.000 (unch)
Update: Kaminak Gold Soars On Strong Infill Drilling Results At Coffee
Ben Kramer-Miller - at Seeking Alpha - Thu Jan 22, 5:52AM CST
Update: Kaminak Gold Reports More High-Grade Drill Results At Coffee Project
Hard Asset Investments - at Seeking Alpha - Tue Jan 20, 12:51PM CST
Kaminak Reports High-Grade Infill Drill Results from the Double Double Deposit, Coffee Gold Project
Marketwired - Tue Jan 20, 7:15AM CST
Kaminak Gold Corporation (TSX VENTURE: KAM) today announced results for infill drilling at Double Double, the highest grade of four gold deposits being evaluated as part of an ongoing feasibility study at Coffee, the Company's flagship, development track, gold project located 130 km south of Dawson City, Yukon. A NI 43-101 compliant preliminary economic analysis (PEA) completed for the project in 2014 included approximately 117,000 recoverable ounces from Double Double in years 1 and 2 of the mine-plan, at an average diluted grade of 3.32 g/t Au, contributing to a rapid two year after-tax payback period for the project. At a gold-price of US$1250/oz and using an exchange rate of C$1.00 equal US$0.95, Coffee is expected to generate a pre-tax net present value (NPV) at a 5% discount rate of more than $500 million and an Internal Rate of Return (IRR) of 33%. Further, Coffee could become a significant Yukon gold producer, yielding close to 450,000 ounces in the first two years and producing an average of 167,000 ounces annually over the life of mine at an all-in sustaining cash cost of US$688 per ounce of gold.
KAM.VN: 1.000 (unch)
Update: Kaminak Gold Reports Solid Infill Drilling Results At Its Coffee Project
Ben Kramer-Miller - at Seeking Alpha - Wed Jan 14, 9:51PM CST
Update: Positive Drilling Results Reported At Kaminak's Coffee Latte Deposit
Hard Asset Investments - at Seeking Alpha - Tue Jan 13, 11:07PM CST
Kaminak Reports Infill Drill Results from the Coffee Latte Deposit
Marketwired - Tue Jan 13, 7:04AM CST
Kaminak Gold Corporation (TSX VENTURE: KAM) today announced results for infill drilling at the Latte Deposit, a key gold resource contributing approximately 21% of the recoverable gold ounces at Coffee, Kaminak's flagship development track gold project located 130 km south of Dawson City, Yukon. A NI 43-101 Preliminary Economic Assessment (PEA) completed in 2014 indicates that Coffee represents a robust, high margin, rapid pay-back, 11 year open-pit mining project at a US$1250/oz gold price and generates a pre-tax NPV @5% of $522 million and a pre-tax IRR of 33%. A feasibility study was initiated in Q3 of 2014 and is targeted for completion in late 2015 or early 2016 at a budget of approximately $30 million. Feasibility work in 2014 continued until late November and infill drilling completed during 2014 exceeded the plan by over 9000 metres or 33% of the planned infill metres for the year. Mobilization for the 2015 feasibility program is now underway, with drilling expected to commence in early February, 2015.
KAM.VN: 1.000 (unch)
Top 10 Gold Stocks For 2015, Part II
Hard Asset Investments - at Seeking Alpha - Sun Dec 28, 10:17AM CST
BTG: 1.69 (-0.01), AGI: 5.78 (+0.03), GG: 23.54 (+0.23)
Kaminak Changes Fiscal Year End
Marketwired - Mon Nov 24, 7:06AM CST
Kaminak Gold Corporation (TSX VENTURE: KAM) has determined to change its fiscal year end from September 30 to December 31, effective for the 2014 fiscal year. The Company is making this change for operational and administrative efficiency.
KAM.VN: 1.000 (unch)
Update: Kaminak Gold Expands Its Kona North Discovery At Its Flagship Coffee Project - Shares Rise
Ben Kramer-Miller - at Seeking Alpha - Wed Oct 29, 4:24PM CDT
Update: Kaminak Gold Strikes Gold At The Kona North Discovery
Hard Asset Investments - at Seeking Alpha - Tue Oct 28, 5:48PM CDT
Kaminak Drilling Expands Kona North Discovery at Coffee: 3.12g/t Au Over 29m
Marketwired - Tue Oct 28, 7:10AM CDT
Kaminak Gold Corporation (TSX VENTURE: KAM) today announced positive results from follow up drilling at Kona North, a new gold discovery at the development track Coffee Gold Project in the Yukon. The Kona North discovery returned 3.55 grams per tonne gold (g/t Au) over 28m in its first hole (announced September 2, 2014), and mineralization has now been traced over a minimum strike length of 240m. A total of 1,600m of drilling across 8 additional drill holes were completed as part of a second phase exploration drilling program at Kona North this fall, bringing the total number of holes and metres drilled at Kona North to 10 and 2,000 metres, respectively. All holes intercepted mineralization with estimated true widths of between 5m and 25m. Mineralization appears to be associated with a broadly east-west trending structural corridor that remains open along strike in both directions and to depth. Oxidization is variable, but appears well developed near surface extending to an average depth of 40 metres below surface. Additional drilling is scheduled for Kona North early in 2015 with the aim of delineating a near surface oxide resource for consideration and potential inclusion in the Coffee Feasibility study, now underway.
KAM.VN: 1.000 (unch)