Last C$0.05 CAD
Change Today -0.02 / -28.57%
Volume 173.2K
KLG On Other Exchanges
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Venture
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As of 12:38 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

kalimantan gold corp ltd (KLG) Snapshot

Open
C$0.06
Previous Close
C$0.07
Day High
C$0.06
Day Low
C$0.05
52 Week High
09/29/14 - C$0.10
52 Week Low
09/22/14 - C$0.01
Market Cap
8.6M
Average Volume 10 Days
820.2K
EPS TTM
--
Shares Outstanding
171.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for KALIMANTAN GOLD CORP LTD (KLG)

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kalimantan gold corp ltd (KLG) Details

Kalimantan Gold Corporation Limited is engaged in the acquisition, exploration, and development of mineral properties in Kalimantan, Indonesia. It has interest in the KSK Contract of Work porphyry copper prospect located in central Kalimantan; and an Izin Usaha Pertambangan for the Jelai gold project in east Kalimantan. The company is based in White Rock, Canada.

kalimantan gold corp ltd (KLG) Top Compensated Officers

Deputy Chairman and Chief Executive Officer
Total Annual Compensation: C$123.6K
Vice President of Exploration
Total Annual Compensation: C$179.2K
Compensation as of Fiscal Year 2013.

kalimantan gold corp ltd (KLG) Key Developments

Kalimantan Gold Corporation Limited Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Update on BKM Prospect

Kalimantan Gold Corporation Limited announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported loss and comprehensive loss of $55,843 compared to profit and comprehensive profit of $88,316 a year ago. For the six months period, the company incurred loss and comprehensive loss of $234,495 compared to profit and comprehensive profit of $113,467 a year ago. Cash used for operating activities was $423,010 compared to cash provided from operating activities of $1,382,005 a year ago. The NI 43-101 compliant resource report on the BKM Prospect will incorporate data from KLG's 2012-13 Phase 1 drilling program as well as historic drilling completed on the project during the 1998 - 2001 and the 2007 campaigns, totaling more than 19,000 meters. It is expected that the report will be completed in the second half of 2014. The BKM Prospect is located within the BKP area in the KSK CoW, which covers an area of 620 square kilometers in Central Kalimantan, Borneo. Approximately $55 million has been incurred in exploration expenditures on the KSK CoW including 60,000 metres of drilling. Drilling at the BKM Prospect has confirmed a shallow dipping zone of copper mineralization over a strike length of up to 1,100m, is up to 450m wide and varies from 20m to 90m in thickness. Mineralization is dominated by covellite and chalcopyrite in sheared and altered volcaniclastic rock types and hydrothermal breccias.

Kalimantan Gold Corporation Limited Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Kalimantan Gold Corporation Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the period, the company incurred a loss of $178,652 compared to profit of $25,151 a year ago. Operating activities contributed $37,399 in cash.

Kalimantan Gold Corporation Limited Reports Audited Consolidated Earnings Results for the Year Ended Dec. 31, 2013

Kalimantan Gold Corporation Limited reported audited consolidated earnings results for the year ended Dec. 31, 2013. For the year, the company's loss and comprehensive loss for the year was $325,805 compared to profit and comprehensive profit of $62,715 for the last year. Cash used for operating activities was $1,793,697 compared to cash provided from operating activities of $1,602,041 for the last year. Purchase of equipment was $398,403 compared to $166,763 for the last year.

 

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