-- Reconnaissance soil geochemical surveys delineated gold in soil anomalies on four additional licences-- Gold values up to 0.48 g/t in soil overlying BIF-- Reconnaissance soil geochemical surveys planned on the un-sampled properties-- 5421 reconnaissance soil samples collected to date (including quality control samples)-- 4000 follow-up in-fill soil samples collected to date
Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE: KGL)(FRANKFURT: 02K) is pleased to announce results and interpretation of the reconnaissance soil geochemical surveys on the Boroda, Gambi, Dhahabu and Mpaka Exploitation Licences of the Somituri Project. Gold geochemistry anomalies that warrant evaluation through detailed soil geochemical surveys have been delineated on all licences surveyed. An in-fill soil geochemical survey is in progress to further define previously announced (August 13, 2012) gold in soil anomalies delineated by reconnaissance sampling on the Ngazi Licence.
SOMITURI PROJECT GEOLOGY
The five licences of the Somituri projected reported on herein, namely Boroda, Gambi, Dhahabu Mpaka, and Ngazi are all within the Archaean Ngayu Greenstone Belt, as illustrated on Figure 1. These licences are predominantly underlain with Upper Kabalian metasedimentary rocks, including Banded Iron Formation ("BIF"); mafic volcanics occur locally. The eastern portion of the Mpaka licence is underlain with a granitic intrusive and minor basement orthogneiss.
Gold mineralization on the Somituri Project is shear zone hosted within all lithological units. Within the shear zones the gold mineralization typically has steep plunging 'high grade shoots.' Thus, it follows that the surface gold-in-soil geochemical expression can be very restricted, particularly in flat terrain where there is minimal lateral dispersion of the soil. In-situ gold mineralization has been intersected beneath a single sample high gold value on the Senegal Prospect of the Imbo Licence. Hence, an explanation for all anomalous gold values obtained in soil samples must be determined.
BORODA GOLD GEOCHEMISTRY
Elevated contoured gold values, on the Boroda Licence, illustrates a five kilometre long northeast trending zone of elevated gold-in-soil values has been delineated across the central portion of the licence. Near the southwest limit of this zone of elevated gold values there is a 600 m long gold anomaly with values up to 478 parts per billion ("ppb") gold ("Au"). Truncated by the northern property boundary is a 400 m long gold-in-soil anomaly that adjoins a high Bulk Leach Extractable Gold ("BLEG") anomaly on the Loncor Resources Inc., property (Loncor corporate presentation, September 2012). In addition several other isolated gold anomalies were delineated. The geological map does not indicate the presence of BIF on the Boroda Licence, however some soil samples contained BIF fragments.
Detailed in-fill soil sampling is planned to further evaluate the gold geochemical anomalies delineated on the Boroda Licence.
GAMBI GOLD GEOCHEMISTRY