TORONTO, ONTARIO -- (Marketwire) -- 02/15/13 -- Kilo Goldmines Ltd. ("Kilo" or the "Corporation") (TSX VENTURE: KGL)(FRANKFURT: 02K) announces that it has filed on SEDAR (www.sedar.com) an amended Technical Report respecting its Somituri property-Adumbi Prospect (the "Adumbi Technical Report") as well as an amended Annual Information Form for the year ended September 30, 2012 ("AIF").
In connection with the review of the Corporation's recently filed preliminary short form prospectus, the Ontario Securities Commission requested revisions to the original Adumbi Technical Report, to remove references to terms that are not compliant with National Instrument 43-101-Standards of Disclosure for Mineral Projects. Corresponding changes were also made to the AIF.
The filing of the amended Adumbi Technical Report and amended AIF does not, and does not purport to, update or restate the information in the original Adumbi Technical report and AIF or reflect any events that have occurred since the date of the original Adumbi Technical Report and AIF.
Kilo Goldmines Ltd. is a Canadian gold exploration company that is listed on the TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under the symbol '02K'. The Company holds about 3,000 square kilometers of favourable Archaean Kibalian greenstone in the Kilo-Moto area in the Democratic Republic of the Congo. Kilo's principal focus is to advance its projects from exploration through feasibility to project development and ultimately to full production in a socially and environmentally responsible manner. The Company owns a 71.25% interest in the DRC entity that holds the Somituri Project Exploitation Permits.
This news release may contain forward looking statements concerning future operations of Kilo Goldmines Ltd. All forward looking statements concerning the Company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Kilo Goldmines Ltd.
Alex Van Hoeken
President and CEO
+1 (416) 360 3415
Most Popular Stories
- Apple Wants Samsung to Pay $22M for Patent Dispute Legal Bills
- NASA Fellowships, Scholarships Bring Diversity to Workforce
- Twitter Coming to Phones Without Internet
- Dish Network Leads 2013 Top 50 Advertisers List
- Networks Vie for U.S. Hispanic TV Viewers
- Ad Counts Rise in 2013 for Hispanic Magazines
- Jobs Report Brings Cheer As Unemployment Drops to Five-year Low
- Starbucks Gets Grinchy; No Gingerbread Lattes for Tampa Customers
- Entravision Initiates Quarterly Cash Dividend
- Warner Bros. Unleashes 'Hobbit: Desolation of Smaug' Merchandise