Last C$0.87 CAD
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kaminak gold corp-a (KAM) Details

Kaminak Gold Corporation, an exploration stage company, is engaged in the acquisition, exploration, and development of mineral properties in North America. It explores for gold, copper, nickel, platinum, palladium, silver, and potash. The company holds a 100% interest in the Coffee Gold Project covering an area of approximately 600 square kilometers located in Yukon Territory, Canada. It also holds interests in various other properties located in Quebec, Nunavut, Ontario, Yukon, British Columbia, and Michigan, as well as in Northwest Territory. 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 Executive Officer, President and Direct...
Total Annual Compensation: C$160.4K
Chief Financial Officer
Total Annual Compensation: C$81.7K
Vice President of Corporate Development
Total Annual Compensation: C$145.0K
Vice President of Exploration
Total Annual Compensation: C$180.0K
Compensation as of Fiscal Year 2013.

kaminak gold corp-a (KAM) Key Developments

Kaminak Gold Corp. Presents at Denver Gold Forum, Sep-16-2014 06:00 PM

Kaminak Gold Corp. Presents at Denver Gold Forum, Sep-16-2014 06:00 PM. Venue: Hyatt Regency, 650 15th Street, Denver, CO 80202, United States. Speakers: Eira Margaret Thomas, Chief Executive Officer, President and Director.

Kaminak Gold Corp. Announces Phase I Exploration Drilling Campaign at the Coffee Gold Project, Yukon Territory

Kaminak Gold Corp. announced results for 27 drill holes from the recently completed, $3.5 million, 2014 Phase I exploration drilling campaign at the Coffee Gold Project, Yukon Territory. The objective of the program was to drill test priority gold-in-soil anomalies situated proximal to the current resource that have the potential to contribute high-value, open-pit oxide resources to the existing mine plan. Kaminak recently announced the results from a preliminary economic assessment (PEA) at Coffee demonstrating a robust, high-margin, rapid pay-back, 11-year open pit mining project using a $1,250/oz. gold price. Phase I exploration drilling in 2014 successfully identified shallow, predominately oxidized gold-bearing structures within the Kona North zone returning 3.55 grams per tonne gold (g/t Au) over 28 metres (m), extended mineralization 900 metres along strike on the Supremo T3 trend and intersected high-grade gold mineralization at Cappuccino. A $2 million, Phase II exploration program has been approved by the Board of Directors and is underway targeting Kona North primarily and other additional priority gold-in-soil anomalies proximal to the current resource. The Phase II program will proceed in conjunction with the recently commenced Feasibility Program.

Kaminak Gold Approves Start of a Feasibility Study for its Coffee Gold Project in the Yukon

Kaminak Gold announced that its board has now approved the start of a feasibility study for its Coffee gold project in the Yukon. The decision to proceed with the study follows on the heels of a positive preliminary economic assessment last month, which estimated an after-tax IRR of 26.2% for the project, using a USD 1,250 gold price. Work for the feasibility study will be initiated in the third quarter and will include drilling, additional metallurgical test work, environmental baseline activities and a condemnation program. The initial budget will be approximately $12 million. Kaminak currently has a cash position of roughly $27 million, following the completion of a CAD 13.5 million non-brokered private placement financing with Ross Beaty and Zebra Holdings and Investments earlier July 2014. The study is expected to be completed by the end of 2015.


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