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07/15/14 - C$1.19
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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 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.

Kaminak Gold Corp. Presents at Sprott Vancouver Natural Resource Symposium 2014, Jul-23-2014 03:40 PM

Kaminak Gold Corp. Presents at Sprott Vancouver Natural Resource Symposium 2014, Jul-23-2014 03:40 PM. Venue: Fairmont Hotel Vancouver, 900 W. Georgia Street, Vancouver, BC, V6C2W6, Canada. Speakers: Eira Margaret Thomas, Chief Executive Officer, President and Director.

Kaminak Gold Corp. and White River First Nation Sign Exploration Communication and Cooperation Agreement

Kaminak Gold Corporation announced it has entered into an Exploration Communication and Cooperation Agreement (Agreement) with White River First Nation for Kaminak's Coffee Gold Project, located 130 km south of Dawson City in the Yukon, Canada. WRFN asserts aboriginal rights and title to the area encompassing the Coffee Gold Project. The signing took place on June 13, 2014 in Whitehorse, Yukon. Kaminak and WRFN negotiated this agreement over the past several months in good faith and believe it provides the foundation of a strong working relationship as Kaminak continues to advance its Coffee Gold Project towards a full scale feasibility study and beyond. Kaminak is pleased to have entered into this Agreement with WRFN, which recognizes WRFN's commitment to the land and their culture. The Agreement is for the exploration phase and does not constitute approval by WRFN for the construction, development or operation of a mine. The Agreement provides a clear engagement process for activities such as licensing; commitments to employment and business opportunities; and, establishes a framework that enables WRFN to provide support to the Company in relation to Kaminak's exploration activities.


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