Kalimantan Goldis pleased to announce that drilling at its Jelai gold project under joint venture with Tigers Realm Metals is expected to commence within the next week. The first drill hole is targeting high grade shoots at a depth below the epithermal gold - silver mineralization intersected by hole JCM-067 (9.50m @ 7.08 g/t Au).
Kalimantan Gold plans to raise up to £300,000 from a non-brokered private placement financing from the sale of up to 6,000,000 common shares at a price of £0.05 or US$0.08 per share. The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval. Insiders may participate in the private placement [...]
Kalimantan Gold announces our nominated adviser has changed its name. The company's nominated adviser has changed from RFC Corporate Finance to RFC Group following a group reorganisation. The group reorganisation has been implemented following completion of the acquisition of Ambrian Partners Limited by RFC's parent company, RFC Group. It should be [...]
Kalimantan Gold is pleased to advise that the notice of meeting and management information circular for its annual and special meeting to be held on May 1, 2012, at 9:00 a.m. at the offices of the Company's counsel at Suite 3350, 1055 Dunsmuir Street, Vancouver has been sent to shareholders of record as at March 27, 2012, and is available on the [...]
Kalimantan Gold is pleased to advise that the extension to the expired Forestry Permit for its PT Kalimantan Surya Kencana sixth generation Contract of Work copper porphyry property has been issued and mobilisation of equipment can now commence immediately and drilling will start as soon as possible thereafter. The KSK CoW is located in central [...]
Kalimantan Gold under its joint venture with Tigers Realm Minerals is pleased to announce that community consultation in respect of planned exploration activities at the Jelai Gold project is complete and we have full support from the local government, community and village leaders. Community development programs commenced prior to exploration [...]
The unaudited Interim Consolidated Financial Statements of Kalimantan Gold for the third quarter ended September 30, 2011, is available for viewing on sedar.com or kalimantan.com. The highlights of the third quarter and up to November 28, 2011 include: The Company's main activities in the three months ended September 30, 2011, were focused on [...]
Kalimantan Gold is pleased to announce the Minister of Forestry has granted PT Jelai Cahaya Minerals a "borrow to use" exploration permit for its 100%-owned, Jelai Gold project in north eastern Kalimantan. The permit authorizes the Company to conduct exploration activities over the Mewet and 10 other of the 12 Jelai Gold prospects, comprising 4,675 [...]
Kalimantan Gold wishes to advise that Faldi Ismail, the Deputy Chairman and Chief Executive Officer and a director of the Company has bought 991,000 shares of the Company through the TSX Venture Exchange at a price of CDN$0.065 per share. Following this purchase, Mr Ismail now holds a total of 5,421,000 shares (3.3% of issued and outstanding) and [...]