Kaminak Gold is pleased to announce that it has closed the bought deal private placement financing announced on May 11th, 2012 and that the over-allotment option was fully exercised. The Company has issued 3,000,000 Class A common shares, which qualify as "flow-through" shares for purposes of the Income Tax Act at a price of C$2.10 per Share for [...]
Kaminak Gold is pleased to announce that it has entered into an agreement with Canaccord Genuity, to sell 2,500,000 flow-through common shares at a price of $2.10 for aggregate gross proceeds of $5,250,000. In addition, the Company will grant the Underwriter an over-allotment option, exercisable prior to the closing of the Offering, to purchase [...]
Kaminak Gold today announced results for the first 14 Reverse Circulation (RC) drill holes from the Coffee Gold Project 2012 drill program. The fully funded exploration project began in March and is expected to yield at least 50,000m of drilling from four drill rigs. Initial drill results continue to define near surface and well oxidized gold zones [...]
Kaminak Gold today announced results of initial column heap leach testing completed on oxide material at the Coffee Gold Project, Yukon Territory. A composite 30kg sample of drill core from the Supremo and Latte zones was crushed to 0.5 inch and subjected to a 80 day column cyanide leaching test. Measured head grade of this sample was 3.75 g/t Au [...]
Kaminak today announced drilling has commenced on the Coffee Gold Project, Yukon Territory. A fully funded program consisting of a minimum of 50,000 metres from four drills is intended to lead to a maiden National Instrument 43-101 compliant inferred resource on the Coffee property. Drilling will focus on defining gold resources within high-grade [...]
Standard & Poor's Canadian Index Operations announces the results of the semi-annual review of the S&P/TSX Venture 30 Index, which will become effective after the close of trading on Friday, February 17, 2012.
Standard & Poor's Canadian Index Operations announces the results of the semi-annual review of the S&P/TSX Venture 30 Index, which will become effective after the close of trading on Friday, February 17, 2012.
Kaminak Gold today announced Board approval for the Phase One 2012 exploration program on the Coffee Gold Project, Yukon Territory. Budgeted at CDN $17,000,000 and consisting of a minimum of 50,000 metres of drilling from four drills, the 2012 exploration program is fully funded and expected to begin with drilling in late March. The results of the [...]
Kaminak Gold today announced final drill results from 2011 reverse circulation and diamond drilling from the closely-spaced Supremo T2 and T3 gold zones, located on the Company's Coffee Gold property, Yukon Territory. The Supremo soil anomaly comprises at least 8 structural zones occurring over an area approximately 2km long and 2km wide. The T2 [...]
Kaminak Gold today announced that an option agreement has been signed with Michigan Potash Inc. (MPI) on Kaminak's potash assets located in central Michigan of the United States. The agreement unlocks the value of these assets and allows Kaminak to continue to focus 100% of its efforts on exploring and advancing the Company's core asset, the Coffee [...]
Kaminak Gold today announced results from reverse circulation (RC) drilling (46 holes) and diamond drilling (6 holes) from the Kona zone, located on the Company's 150,000 acre Coffee Gold property, Yukon Territory. Kona represents an early stage prospect that occurs 5km west of the Latte-Supremo gold zones. The 2011 drilling at Kona focused on [...]
Kaminak Gold today announced diamond drill results from the Latte (8 holes) and Connector (4 holes) zones, located on the Company's 150,000 acre Coffee Gold property, Yukon Territory. The deepest hole ever drilled on the property successfully intersected high-grade gold zones to a depth of 450m vertical at the Latte zone. Additional drilling at the [...]