Last C$0.85 CAD
Change Today 0.00 / 0.00%
Volume 0.0
KAM On Other Exchanges
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As of 3:59 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

kaminak gold corp-a (KAM) Snapshot

Open
C$0.91
Previous Close
C$0.85
Day High
C$0.91
Day Low
C$0.82
52 Week High
09/17/12 - C$2.42
52 Week Low
04/17/13 - C$0.76
Market Cap
70.4M
Average Volume 10 Days
183.8K
EPS TTM
C$-0.07
Shares Outstanding
82.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KAMINAK GOLD CORP-A (KAM)

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kaminak gold corp-a (KAM) Details

Kaminak Gold Corporation, an exploration stage company, focuses on the acquisition, exploration, and development of gold, and other precious and base metal properties in Canada and the United States. It primarily explores the Coffee Gold Project, a 150,000 acres property located in Yukon Territory, Canada. The company also holds interests in various other properties located in Quebec, Nunavut, Ontario, Yukon, British Columbia, and Manitoba, as well as in Nevada. Kaminak Gold Corporation was incorporated in 2005 and is headquartered in Vancouver, Canada.

Founded in 2005

kaminak gold corp-a (KAM) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$56.5K
Vice President of Corporate Development
Total Annual Compensation: C$140.3K
Vice President of Exploration
Total Annual Compensation: C$170.0K
Compensation as of Fiscal Year 2012.

kaminak gold corp-a (KAM) Key Developments

Kaminak Gold Corp. Announces 38 Drill Holes Drilling Results at Coffee Gold Project

Kaminak Gold Corporation announced results for 38 drill holes from the ongoing 2013 drilling campaign at the Coffee Gold Project, Yukon Territory. Drilling successfully intersected gold mineralization in 36 out of the 38 drill holes and identified new, shallow, predominately oxidized, gold-bearing structures within the Supremo-Latte-Double Double area, which is host to the majority of the 3.2 Moz NI 43-101 compliant Inferred Mineral Resource Estimate consisting of 64 million tonnes grading at 1.56 grams per tonne gold at a base case cut-off of 0.5 g/t Au for Oxide and Transitional material and a 1 g/t Au cut-off for Sulphide material. Supremo T2 Zone: Multiple oxide gold-bearing structures intersected across-strike. At least six stacked vertical structures spaced 25-100 meters apart over a total width, combined with T3, of approximately 400 meters. Results include: 4.29 grams per tonne gold (g/t Au) over 13.72 metres from 30.48 metres downhole; 10.53 g/t Au over 4.58 meters from 9.14 meters; 5.28 g/t Au over 10.67 meters from 71.63 meters; 3.76 g/t Au over 13.71 meters from 132.59 meters. Since discovery in 2011, drilling has defined at least 650 metres of strike at T2 and mineralization remains open to the south and to depth. Gold-in-soil data suggests that T2 has the potential to be in excess of 1 km long in strike. Latte North Zone: Drilling confirmed the northeast trending Latte North Zone splays off the Latte deposit. Latte North currently exceeds 200 meters in strike length and remains open to the northeast along strike and to depth. Drill results include: 8.32 g/t Au over 3.05 meters from 39.62 meters and 9.7g/t over 3.05 meters from 102.11 meters. Latte main trend intercepts include: 8.22 g/t Au over 9.14 meters from 3.05 meters and 8.31 g/t Au over 13.72 meters from 57.91 meters. The drilling program is ongoing with one reverse circulation (RC) drill turning and a diamond core drill set to start work by the middle of May. Almost 20,000 metres of drilling has been completed to date. Drilling is currently focused on delineating the Supremo T2 structure south along strike. The 2013 Phase 1 exploration program remains on schedule and budget to complete 35,000 metres of drilling for $11 million.

Kaminak Gold Corp. Announces Change of Corporate Secretary

Kaminak Gold Corp. announced the appointment of Ms. Brenda Nowak as Corporate Secretary, effective immediately. As Corporate Secretary, Ms. Nowak will be responsible for legal and regulatory compliance activities and assisting with equity financings, joint ventures and general corporate/commercial work. Ms. Nowak has over 16 years of work experience in the securities legal industry, including working with International Northair Mines. Prior to these positions, Brenda was a paralegal with DuMoulin Black LLP and held positions with Nexus Venture Capital Lawyers and Aber Diamond Corporation. This appointment comes with the departure of Ms. Blair Lockhart as Corporate Secretary.

Kaminak Gold Corp. Announces Drilling Results at Coffee Gold Project

Kaminak Gold Corp. announced results for the first 41 drill holes from the 2013 drilling campaign at the Coffee Gold Project, where a near surface, largely oxidized, 3.2 million ounce NI 43-101 Inferred Resource grading 1.56 g/t was reported late last year. Initial drill results continue to define new, good grade, shallow, oxidized gold zones in close proximity to the Supremo-Latte-Double Double gold deposits, which currently comprise the bulk of the inferred resource. The fully funded $11 million exploration program began in March and includes a total of 35,000 m of drilling, the collection of 10,000 soils samples and a comprehensive metallurgical program to build on the positive preliminary leaching results achieved in 2012. Key Point Summary: New oxide gold discovery at Supremo T1; results include: 3.18 g/t Au over 22.86m (from 115.82m) and 6.34 g/t Au over 4.57m (from 82.30m). Drilling has defined 300m of strike and mineralization remains open in all directions. Soil and geophysical magnetic data suggest the T1 structure is over 1km in length. The T1 mineralized trend is one of eight Supremo soil trends labeled T1-T8 that occur within a 2km by 2km area. New oxide gold discovery drilled at Arabica Zone; results include: 3.38 g/t Au over 10.67m (from 164.59m) and 6.05 g/t Au over 4.57m (from 44.20m). Mineralization at Arabica is Supremo-style with extensive oxidization. The Arabica gold-in-soil anomaly is semi-contiguous over a 1.2km north-south trend and located 1.2km east of Supremo T7. High-grade gold mineralization drilled at Latte North; results include: 6.15 g/t over 10.67m (from 109.73m) and 6.56 g/t over 7.62m (from 109.73m). Latte North is associated with a 600m long gold-in-soil anomaly and a 1km long structure interpreted from magnetic geophysical data as a splay off the main Latte structure similar to T3, T4 and T5. The reverse circulation (RC) drilling program is ongoing with two drills turning and over 13,000 metres drilling already completed to date. The drills are currently working at Latte North and Supremo T2. Diamond core drilling is scheduled to commence in early May. The Phase 1 program remains on schedule and budget to complete 35,000 metres of drilling for $11 million.

 

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