 | | | Published : September 14th, 2011 | Drilling Increases Length of the Latte Gold Zone to 1350 meters; Remains Open in All Directions |
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Kaminak Drilling Increases Length of the Latte
Gold Zone to 1350 meters
Remains Open in All
Directions
September 14th, 2011
Vancouver, B.C. - Kaminak
Gold Corporation (KAM: TSXV) today announced assay results from 44 diamond drill
holes from the Latte zone, located on the Company's 150,000 acre Coffee Gold
property, Yukon Territory. Kaminak discovered Latte
in 2010 and successfully defined a linear structural zone 600m long that begins
at surface. Drilling in 2011 has more than doubled the strike length of the
Latte zone to at least 1350m and reaching 275m vertically below surface. Many
holes host multiple intercepts and mineralization remains open in all
directions.
Key Results
CFD-87 - 2.6 g/t Au over 31m (from 142m) and 1.1 g/t Au over
69m (from 184m)
CFD -96 - 2.2 g/t Au
over 13m (from 75m) and 2.6 g/t Au over 14m (146m)
CFD-97 - 9.0 g/t Au
over 3m (from 30m) and 15.5 g/t Au over 3m (from 218m)
CFD 115A - 2.1 g/t
Au over 59m (from 142m) and 1 g/t Au over 10.6m (from 211m)
CFD-119 - 12.0 g/t
Au over 3m (from 184m) and 2.5 g/t Au over 31m (from 240m)
CFD-123 - 13.5 g/t
Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)
|
CFD-85 - 1.6 g/t Au over 38m (from 133m)
CFD-91 - 8.6 g/t
Au over 10m (from 40m)
CFD-92 - 7.8 g/t
Au over 5m (from 75m)
CFD-99 - 1.9 g/t
Au over 41m (from 138m)
CFD-103 - 3.9 g/t
Au over 17m (from 166m)
|
CFD-113 - 8.5 g/t Au over 7m (from 84m)
CFD-114 - 6.4 g/t
Au over 10m (from 246m)
CFD-127 - 2.3 g/t
Au over 12m (from 122m)
CFD-131 - 1.8 g/t
Au over 18m (from 208m)
CFD-140A - 2.0 g/t
Au over 19m (from 215m)
|
Summary
- Strike length of Latte zone
extended to at least 1350m along trend and reaching 275m vertically
below surface. Many holes host multiple intercepts and mineralization
remains open in all directions.
- Drilling towards the west
successfully extends gold mineralization 400m beyond the previously
defined gold-in-soil anomaly, and geophysical data suggests the Latte
structure may extend an additional 2500m towards the Kona area and 1000m
east towards Double Double.
- West Latte trend
characterized by moderately south-dipping mineralized horizons
exhibiting a shallow westerly plunge. Additional drilling is planned to
test down-plunge depth extent of CFD-119, which cut 12.0 g/t Au over 3m (from
184m core length) and 2.5 g/t Au over 31m (from 240m), and
CFD-123, which cut 13.5
g/t Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)
- Latte is one of several
closely spaced gold prospects, which also includes the Supremo zone (1100m north) and the Double Double zone (1000m east). Geological similarities on
all scales suggest these zones are related to the same mineralizing
event and, as a result, are potentially connected along trend and at
depth
Drill Results
Drilling by Kaminak in 2010 outlined a 600m long
gold trend at Latte from 14 drill holes. The objective of the 2011 drilling
was to expand the gold zones discovered in 2010 towards the west and east. A
total of 42 holes are reported in this news release on 100m spaced sections
with the exception of section 2900E, which is spaced 50m from the nearest
section. All holes were drilled south to north (zero degree azimuth) angled between 50 and 80 degrees. Drilling
intersected significant gold zones on all sections and successfully expanded
the strike extent to at least 1350m. All zones remain open along trend and at
depth. Extensive oxidation of the Latte mineralized zones is typically
observed to approximately 75m vertical depth and partial oxidation is traced
to 175m vertical. In contrast, the nearby Supremo
T3 gold zone exhibits extensive oxidation to 150m vertical and partial oxide
to 200m vertical.
Variability in gold grade and width is noted across the 1350m length of
Latte. In general, the western half of the Latte structure is characterized
by multiple zones of approximately 20-80m wide moderately south dipping
panels, and includes: 2.6
g/t Au over 31m (from 142m core length) with a lower intercept of 1.1 g/t Au
over 69m (from 184m) from hole CFD-87 and 2.1 g/t Au over 59m (from 142m)
with a lower intercept of 1 g/t Au over 10.6m (from 211m)
from hole CFD-115A. Significant high-grade gold has been cut at Latte west
including: 8.6 g/t
Au over 10m (CFD-91 from 40m) and 8.5 g/t Au over 7m (CFD-113 from
84m). These types of high gold grades are commonly observed
near the top of Latte west intercepts. Looking westward from section 3350E
towards section 2750E it is apparent that mineralization becomes wider and
higher grade at depth, implying a west plunge along the Latte structural
zone. Additional drilling is planned this season to test the down plunge
depth extent of Latte west mineralization.
In contrast, gold at eastern Latte
appears controlled by ~5-20m wide, near vertical structure, and, in general,
gold grade appears higher with intercepts including: 3.9 g/t Au over 17m (CFD-103 from
166m) and 6.4
g/t Au over 10m (CFD-114 from 246m).
In addition, a significant alteration
zone has recently been recognized in drilling south of the main Latte trend
and is informally known as the Splay zone. This zone consists of a 10-20m
wide interval of strongly arsenic enriched rocks that appears to be separate
from the main Latte trend. The zone was identified from holes CFD-97 and 100
which primarily tested down-dip extensions of the main Latte East zone, but
which, unexpectedly, intersected mineralization near the top of hole with
intercepts including 8.96g/t
over 3m (CFD-97 from 30m). Four additional drill holes
(CFD-128, 130, 132 and134) were designed to test the gold potential of the
Splay zone successfully outlining a southeast trending alteration zone over
200m strike (CFD132 & 134 pending assays).
Latte is one of several closely spaced
gold prospects, which also includes the Supremo
zone (1100m north) and the Double Double zone
(1000m east). Gold mineralization in all of these zones is hosted within
brittle fractures and brecciated gneisses and schists
accompanied by silica flooding and pyrite / limonite alteration. Geological
similarities on all scales suggest these zones are related to the same
mineralizing event and, as a result, are potentially connected along trend
and at depth. Interpretation of recently acquired geophysical data has
successfully identified drill targets associated with gold-in-soil anomalies
between known gold zones.
The 2011 drilling has extended mineralization at Latte West 400m beyond the
western limit of the gold-in-soil anomaly. Ground magnetic data collected in
2010 and recently acquired airborne magnetic survey data suggests the Latte
structure may extend an additional 2,500m west towards the Kona area and
1,050m east towards Double Double.
|
Drill Hole #
|
From (m)
|
To (m)
|
Width (m)*
|
Weighted grade (g/t Au)
|
|
Latte West
|
|
Section 2900E
|
|
CFD-113
|
84
|
91
|
7
|
8.46
|
|
CFD-107
|
88
|
93
|
5
|
3.77
|
|
and
|
108
|
109
|
1
|
3.82
|
|
and
|
136
|
140
|
4
|
2.02
|
|
CFD-110
|
73
|
79
|
6
|
1.69
|
|
and
|
121
|
126
|
5
|
2.81
|
|
and
|
133
|
170
|
37
|
1.09
|
|
and
|
182
|
187
|
5
|
1.48
|
|
CFD-115A
|
142
|
201
|
59
|
2.11
|
|
and
|
211.35
|
222
|
10.65
|
1.05
|
|
and
|
229
|
234
|
5
|
2.40
|
|
CFD-119
|
169
|
171
|
2
|
4.13
|
|
and
|
184
|
187
|
3
|
11.96
|
|
and
|
197
|
200
|
3
|
2.44
|
|
and
|
240
|
271
|
31
|
2.50
|
|
incl
|
241
|
244
|
3
|
17.75
|
|
|
|
Section 2850E
|
|
CFD-91
|
40
|
50
|
10
|
8.64
|
|
CFD-82**
|
94
|
97
|
3
|
3.19
|
|
and
|
109
|
126
|
17
|
9.61
|
|
CFD-84
|
61
|
91
|
30
|
0.96
|
|
and
|
136
|
139
|
3
|
0.69
|
|
CFD-85
|
115
|
120
|
5
|
1.61
|
|
and
|
133
|
171
|
38
|
1.55
|
|
and
|
197
|
210
|
13
|
0.93
|
|
CFD-87
|
142
|
173
|
31
|
2.65
|
|
and
|
184
|
253
|
69
|
1.15
|
|
CFD-123
|
219
|
224
|
5
|
13.46
|
|
and
|
234
|
255
|
21
|
2.18
|
|
and
|
267
|
298
|
31
|
1.11
|
|
|
|
Section 2750E
|
|
CFD-116
|
No significant values
|
|
CFD-94
|
110
|
111
|
1
|
5.42
|
|
and
|
153
|
158
|
5
|
1.81
|
|
CFD-96
|
75
|
88
|
13
|
2.17
|
|
and
|
99
|
101
|
2
|
1.75
|
|
and
|
122
|
125
|
3
|
1.45
|
|
and
|
146
|
160
|
14
|
2.58
|
|
CFD-99
|
138
|
179
|
41
|
1.90
|
|
and
|
224
|
227
|
3
|
1.94
|
|
and
|
245
|
247
|
2
|
1.91
|
|
CFD-105
|
163
|
174
|
11
|
2.04
|
|
and
|
182
|
199
|
17
|
1.58
|
|
and
|
231
|
240
|
9
|
1.99
|
|
|
|
Section 2650E
|
|
CFD-125
|
Abandoned due to mechanical
difficulties
|
|
CFD-109
|
65
|
66
|
1
|
5.03
|
|
CFD-112
|
65
|
69
|
4
|
1.02
|
|
CFD-122
|
123
|
137
|
14
|
2.12
|
|
CFD-140A
|
215
|
234
|
19
|
2.04
|
|
|
|
Section 2550E
|
|
CFD-117
|
70
|
73
|
3
|
0.85
|
|
CFD-127
|
122
|
134
|
12
|
2.27
|
|
|
|
Latte East
|
|
Section 3350E
|
|
CFD-102
|
4.1
|
26
|
21.9
|
0.66
|
|
and
|
36
|
62
|
26
|
1.89
|
|
CFD-89
|
54
|
92
|
38
|
0.73
|
|
and
|
107
|
120
|
13
|
2.01
|
|
CFD-92
|
9
|
19
|
10
|
1.23
|
|
and
|
75
|
80
|
5
|
7.79
|
|
incl
|
79
|
80
|
1
|
30.2
|
|
CFD-111
|
91
|
92
|
1
|
3.84
|
|
and
|
168
|
170
|
2
|
2.06
|
|
|
|
Section 3450E
|
|
CFD-95
|
5
|
15
|
10
|
1.89
|
|
and
|
53
|
55
|
2
|
1.80
|
|
and
|
95
|
101
|
6
|
2.07
|
|
CFD-10**
|
119
|
135
|
16
|
3.71
|
|
CFD-97
|
3.24
|
8
|
4.76
|
2.44
|
|
and
|
30
|
33
|
3
|
8.96
|
|
and
|
100
|
103
|
3
|
4.93
|
|
and
|
218
|
221
|
3
|
15.51
|
|
incl
|
219
|
220
|
1
|
32.5
|
|
CFD-114
|
161
|
164
|
3
|
1.42
|
|
and
|
246
|
256
|
10
|
6.44
|
|
CFD-100
|
5
|
11
|
6
|
0.96
|
|
and
|
48
|
49
|
1
|
2.69
|
|
CFD-118
|
85
|
90
|
5
|
1.07
|
|
and
|
220
|
221
|
1
|
6.15
|
|
|
|
Section 3550E
|
|
CFD-48**
|
90
|
99
|
9
|
5.55
|
|
CFD-50**
|
169
|
174
|
5
|
8.15
|
|
CFD-128
|
26
|
31
|
5
|
0.60
|
|
CFD-130
|
33
|
36
|
3
|
1.05
|
|
|
|
Section 3650E
|
|
CFD-120
|
56
|
58
|
2
|
3.11
|
|
and
|
72
|
88
|
16
|
1.10
|
|
CFD-103
|
166
|
183
|
17
|
3.86
|
|
CFD-132, 134
|
No significant values (holes not
targeted for Latte structure)
|
|
|
|
Section 3750E
|
|
CFD-121
|
77
|
81
|
4
|
0.94
|
|
and
|
94
|
99
|
5
|
1.00
|
|
CFD-106
|
189
|
191
|
2
|
1.85
|
|
and
|
194
|
196
|
2
|
1.30
|
|
and
|
207
|
210
|
3
|
0.88
|
|
CFD-108
|
219
|
225
|
6
|
2.92
|
|
and
|
235
|
241
|
6
|
2.11
|
|
|
|
Section 3825E
|
|
CFD-124
|
71
|
91
|
20
|
1.04
|
|
CFD-126
|
Abandoned due to mechanical issues
|
|
|
|
Section 3900E
|
|
CFD-129
|
72
|
85
|
13
|
1.78
|
|
and
|
129
|
132
|
3
|
2.01
|
|
and
|
140
|
156
|
16
|
1.83
|
|
CFD-131
|
81
|
84
|
3
|
1.77
|
|
and
|
208
|
226
|
18
|
1.83
|
|
and
|
253
|
257
|
4
|
1.44
|
*True width
estimated at approximately 2/3 core length. ** previously released holes
QA / QC
Kaminak's disclosure of a technical or scientific
nature in this press release has been reviewed and approved by Dr. Rob
Carpenter, Ph.D., P.Geo., Kaminak's
President and CEO, who serves as a Qualified Person under the definition of
National Instrument 43-101. Quality assurance and quality control procedures
include the systematic insertion of blanks and standards into the drill core
sample string. Samples are placed in sealed bags and shipped directly by
charter plane to the ALS CHEMEX preparatory laboratory in Whitehorse prior to
gold fire assay and ICP-MS analysis. The Coffee property is an early stage
exploration property and does not contain any mineral resources as defined by
National Instrument 43-101.
On behalf of the Board of Directors of Kaminak
"Rob Carpenter"
Rob Carpenter, Ph.D., P.Geo.
President and CEO
Kaminak Gold Corporation
For further information about Kaminak Gold
Corporation or this news release, please visit our
website at www.kaminak.com or contact Tony Reda,
Vice-President of Corporate Development, at toll free 1.888.331.2269,
directly at 604.646.4534 or by email at info@kaminak.com. Kaminak is a member of
the Discovery Group of companies. For more information on the group please
visit www.discoveryexp.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Certain disclosures in this release,
including management's assessment of plans and projects and intentions with
respect to listings of securities, use of proceeds and future exploration
programs, constitute forward-looking statements that are subject to numerous
risks, uncertainties and other factors relating to Kaminak's
operations as a mineral exploration company that may cause future results to
differ materially from those expressed or implied in such forward-looking
statements, including risks as to the completion of the plans and projects.
Readers are cautioned not to place undue reliance on forward-looking
statements. Kaminak expressly disclaims any
intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events, or otherwise.
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Kaminak Drilling Increases Length of the Latte
Gold Zone to 1350 meters
Remains Open in All
Directions
September 14th, 2011
Vancouver, B.C. - Kaminak
Gold Corporation (KAM: TSXV) today announced assay results from 44 diamond drill
holes from the Latte zone, located on the Company's 150,000 acre Coffee Gold
property, Yukon Territory. Kaminak discovered Latte
in 2010 and successfully defined a linear structural zone 600m long that
begins at surface. Drilling in 2011 has more than doubled the strike length
of the Latte zone to at least 1350m and reaching 275m vertically below
surface. Many holes host multiple intercepts and mineralization remains open
in all directions.
Key Results
CFD-87 - 2.6 g/t Au over 31m (from 142m) and 1.1 g/t Au over
69m (from 184m)
CFD -96 - 2.2 g/t Au
over 13m (from 75m) and 2.6 g/t Au over 14m (146m)
CFD-97 - 9.0 g/t Au
over 3m (from 30m) and 15.5 g/t Au over 3m (from 218m)
CFD 115A - 2.1 g/t
Au over 59m (from 142m) and 1 g/t Au over 10.6m (from 211m)
CFD-119 - 12.0 g/t
Au over 3m (from 184m) and 2.5 g/t Au over 31m (from 240m)
CFD-123 - 13.5 g/t
Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)
|
CFD-85 - 1.6 g/t Au over 38m (from 133m)
CFD-91 - 8.6 g/t
Au over 10m (from 40m)
CFD-92 - 7.8 g/t
Au over 5m (from 75m)
CFD-99 - 1.9 g/t
Au over 41m (from 138m)
CFD-103 - 3.9 g/t
Au over 17m (from 166m)
|
CFD-113 - 8.5 g/t Au over 7m (from 84m)
CFD-114 - 6.4 g/t
Au over 10m (from 246m)
CFD-127 - 2.3 g/t
Au over 12m (from 122m)
CFD-131 - 1.8 g/t
Au over 18m (from 208m)
CFD-140A - 2.0 g/t
Au over 19m (from 215m)
|
Summary
- Strike length of Latte zone
extended to at least 1350m along trend and reaching 275m vertically
below surface. Many holes host multiple intercepts and mineralization
remains open in all directions.
- Drilling towards the west
successfully extends gold mineralization 400m beyond the previously
defined gold-in-soil anomaly, and geophysical data suggests the Latte
structure may extend an additional 2500m towards the Kona area and 1000m
east towards Double Double.
- West Latte trend
characterized by moderately south-dipping mineralized horizons
exhibiting a shallow westerly plunge. Additional drilling is planned to
test down-plunge depth extent of CFD-119, which cut 12.0 g/t Au over 3m (from
184m core length) and 2.5 g/t Au over 31m (from 240m), and
CFD-123, which cut 13.5
g/t Au over 5m (from 219m) and 2.2 g/t Au over 21m (from 234m)
- Latte is one of several
closely spaced gold prospects, which also includes the Supremo zone (1100m north) and the Double Double zone (1000m east). Geological similarities on
all scales suggest these zones are related to the same mineralizing
event and, as a result, are potentially connected along trend and at
depth
Drill Results
Drilling by Kaminak in 2010 outlined a 600m long
gold trend at Latte from 14 drill holes. The objective of the 2011 drilling
was to expand the gold zones discovered in 2010 towards the west and east. A
total of 42 holes are reported in this news release on 100m spaced sections
with the exception of section 2900E, which is spaced 50m from the nearest
section. All holes were drilled south to north (zero degree azimuth) angled between 50 and 80 degrees. Drilling
intersected significant gold zones on all sections and successfully expanded
the strike extent to at least 1350m. All zones remain open along trend and at
depth. Extensive oxidation of the Latte mineralized zones is typically
observed to approximately 75m vertical depth and partial oxidation is traced
to 175m vertical. In contrast, the nearby Supremo
T3 gold zone exhibits extensive oxidation to 150m vertical and partial oxide
to 200m vertical.
Variability in gold grade and width is noted across the 1350m length of
Latte. In general, the western half of the Latte structure is characterized
by multiple zones of approximately 20-80m wide moderately south dipping panels,
and includes: 2.6
g/t Au over 31m (from 142m core length) with a lower intercept of 1.1 g/t Au
over 69m (from 184m) from hole CFD-87 and 2.1 g/t Au over 59m (from 142m)
with a lower intercept of 1 g/t Au over 10.6m (from 211m)
from hole CFD-115A. Significant high-grade gold has been cut at Latte west
including: 8.6 g/t
Au over 10m (CFD-91 from 40m) and 8.5 g/t Au over 7m (CFD-113 from
84m). These types of high gold grades are commonly observed
near the top of Latte west intercepts. Looking westward from section 3350E
towards section 2750E it is apparent that mineralization becomes wider and
higher grade at depth, implying a west plunge along the Latte structural
zone. Additional drilling is planned this season to test the down plunge
depth extent of Latte west mineralization.
In contrast, gold at eastern Latte
appears controlled by ~5-20m wide, near vertical structure, and, in general,
gold grade appears higher with intercepts including: 3.9 g/t Au over 17m (CFD-103 from
166m) and 6.4
g/t Au over 10m (CFD-114 from 246m).
In addition, a significant alteration
zone has recently been recognized in drilling south of the main Latte trend
and is informally known as the Splay zone. This zone consists of a 10-20m
wide interval of strongly arsenic enriched rocks that appears to be separate
from the main Latte trend. The zone was identified from holes CFD-97 and 100
which primarily tested down-dip extensions of the main Latte East zone, but
which, unexpectedly, intersected mineralization near the top of hole with
intercepts including 8.96g/t
over 3m (CFD-97 from 30m). Four additional drill holes
(CFD-128, 130, 132 and134) were designed to test the gold potential of the
Splay zone successfully outlining a southeast trending alteration zone over
200m strike (CFD132 & 134 pending assays).
Latte is one of several closely spaced
gold prospects, which also includes the Supremo
zone (1100m north) and the Double Double zone
(1000m east). Gold mineralization in all of these zones is hosted within
brittle fractures and brecciated gneisses and schists
accompanied by silica flooding and pyrite / limonite alteration. Geological
similarities on all scales suggest these zones are related to the same
mineralizing event and, as a result, are potentially connected along trend
and at depth. Interpretation of recently acquired geophysical data has
successfully identified drill targets associated with gold-in-soil anomalies
between known gold zones.
The 2011 drilling has extended mineralization at Latte West 400m beyond the
western limit of the gold-in-soil anomaly. Ground magnetic data collected in
2010 and recently acquired airborne magnetic survey data suggests the Latte
structure may extend an additional 2,500m west towards the Kona area and
1,050m east towards Double Double.
|
Drill Hole #
|
From (m)
|
To (m)
|
Width (m)*
|
Weighted grade (g/t Au)
|
|
Latte West
|
|
Section 2900E
|
|
CFD-113
|
84
|
91
|
7
|
8.46
|
|
CFD-107
|
88
|
93
|
5
|
3.77
|
|
and
|
108
|
109
|
1
|
3.82
|
|
and
|
136
|
140
|
4
|
2.02
|
|
CFD-110
|
73
|
79
|
6
|
1.69
|
|
and
|
121
|
126
|
5
|
2.81
|
|
and
|
133
|
170
|
37
|
1.09
|
|
and
|
182
|
187
|
5
|
1.48
|
|
CFD-115A
|
142
|
201
|
59
|
2.11
|
|
and
|
211.35
|
222
|
10.65
|
1.05
|
|
and
|
229
|
234
|
5
|
2.40
|
|
CFD-119
|
169
|
171
|
2
|
4.13
|
|
and
|
184
|
187
|
3
|
11.96
|
|
and
|
197
|
200
|
3
|
2.44
|
|
and
|
240
|
271
|
31
|
2.50
|
|
incl
|
241
|
244
|
3
|
17.75
|
|
|
|
Section 2850E
|
|
CFD-91
|
40
|
50
|
10
|
8.64
|
|
CFD-82**
|
94
|
97
|
3
|
3.19
|
|
and
|
109
|
126
|
17
|
9.61
|
|
CFD-84
|
61
|
91
|
30
|
0.96
|
|
and
|
136
|
139
|
3
|
0.69
|
|
CFD-85
|
115
|
120
|
5
|
1.61
|
|
and
|
133
|
171
|
38
|
1.55
|
|
and
|
197
|
210
|
13
|
0.93
|
|
CFD-87
|
142
|
173
|
31
|
2.65
|
|
and
|
184
|
253
|
69
|
1.15
|
|
CFD-123
|
219
|
224
|
5
|
13.46
|
|
and
|
234
|
255
|
21
|
2.18
|
|
and
|
267
|
298
|
31
|
1.11
|
|
|
|
Section 2750E
|
|
CFD-116
|
No significant values
|
|
CFD-94
|
110
|
111
|
1
|
5.42
|
|
and
|
153
|
158
|
5
|
1.81
|
|
CFD-96
|
75
|
88
|
13
|
2.17
|
|
and
|
99
|
101
|
2
|
1.75
|
|
and
|
122
|
125
|
3
|
1.45
|
|
and
|
146
|
160
|
14
|
2.58
|
|
CFD-99
|
138
|
179
|
41
|
1.90
|
|
and
|
224
|
227
|
3
|
1.94
|
|
and
|
245
|
247
|
2
|
1.91
|
|
CFD-105
|
163
|
174
|
11
|
2.04
|
|
and
|
182
|
199
|
17
|
1.58
|
|
and
|
231
|
240
|
9
|
1.99
|
|
|
|
Section 2650E
|
|
CFD-125
|
Abandoned due to mechanical
difficulties
|
|
CFD-109
|
65
|
66
|
1
|
5.03
|
|
CFD-112
|
65
|
69
|
4
|
1.02
|
|
CFD-122
|
123
|
137
|
14
|
2.12
|
|
CFD-140A
|
215
|
234
|
19
|
2.04
|
|
|
|
Section 2550E
|
|
CFD-117
|
70
|
73
|
3
|
0.85
|
|
CFD-127
|
122
|
134
|
12
|
2.27
|
|
|
|
Latte East
|
|
Section 3350E
|
|
CFD-102
|
4.1
|
26
|
21.9
|
0.66
|
|
and
|
36
|
62
|
26
|
1.89
|
|
CFD-89
|
54
|
92
|
38
|
0.73
|
|
and
|
107
|
120
|
13
|
2.01
|
|
CFD-92
|
9
|
19
|
10
|
1.23
|
|
and
|
75
|
80
|
5
|
7.79
|
|
incl
|
79
|
80
|
1
|
30.2
|
|
CFD-111
|
91
|
92
|
1
|
3.84
|
|
and
|
168
|
170
|
2
|
2.06
|
|
|
|
Section 3450E
|
|
CFD-95
|
5
|
15
|
10
|
1.89
|
|
and
|
53
|
55
|
2
|
1.80
|
|
and
|
95
|
101
|
6
|
2.07
|
|
CFD-10**
|
119
|
135
|
16
|
3.71
|
|
CFD-97
|
3.24
|
8
|
4.76
|
2.44
|
|
and
|
30
|
33
|
3
|
8.96
|
|
and
|
100
|
103
|
3
|
4.93
|
|
and
|
218
|
221
|
3
|
15.51
|
|
incl
|
219
|
220
|
1
|
32.5
|
|
CFD-114
|
161
|
164
|
3
|
1.42
|
|
and
|
246
|
256
|
10
|
6.44
|
|
CFD-100
|
5
|
11
|
6
|
0.96
|
|
and
|
48
|
49
|
1
|
2.69
|
|
CFD-118
|
85
|
90
|
5
|
1.07
|
|
and
|
220
|
221
|
1
|
6.15
|
|
|
|
Section 3550E
|
|
CFD-48**
|
90
|
99
|
9
|
5.55
|
|
CFD-50**
|
169
|
174
|
5
|
8.15
|
|
CFD-128
|
26
|
31
|
5
|
0.60
|
|
CFD-130
|
33
|
36
|
3
|
1.05
|
|
|
|
Section 3650E
|
|
CFD-120
|
56
|
58
|
2
|
3.11
|
|
and
|
72
|
88
|
16
|
1.10
|
|
CFD-103
|
166
|
183
|
17
|
3.86
|
|
CFD-132, 134
|
No significant values (holes not
targeted for Latte structure)
|
|
|
|
Section 3750E
|
|
CFD-121
|
77
|
81
|
4
|
0.94
|
|
and
|
94
|
99
|
5
|
1.00
|
|
CFD-106
|
189
|
191
|
2
|
1.85
|
|
and
|
194
|
196
|
2
|
1.30
|
|
and
|
207
|
210
|
3
|
0.88
|
|
CFD-108
|
219
|
225
|
6
|
2.92
|
|
and
|
235
|
241
|
6
|
2.11
|
|
|
|
Section 3825E
|
|
CFD-124
|
71
|
91
|
20
|
1.04
|
|
CFD-126
|
Abandoned due to mechanical issues
|
|
|
|
Section 3900E
|
|
CFD-129
|
72
|
85
|
13
|
1.78
|
|
and
|
129
|
132
|
3
|
2.01
|
|
and
|
140
|
156
|
16
|
1.83
|
|
CFD-131
|
81
|
84
|
3
|
1.77
|
|
and
|
208
|
226
|
18
|
1.83
|
|
and
|
253
|
257
|
4
|
1.44
|
*True width
estimated at approximately 2/3 core length. ** previously released holes
QA / QC
Kaminak's disclosure of a technical or scientific
nature in this press release has been reviewed and approved by Dr. Rob
Carpenter, Ph.D., P.Geo., Kaminak's
President and CEO, who serves as a Qualified Person under the definition of
National Instrument 43-101. Quality assurance and quality control procedures
include the systematic insertion of blanks and standards into the drill core
sample string. Samples are placed in sealed bags and shipped directly by
charter plane to the ALS CHEMEX preparatory laboratory in Whitehorse prior to
gold fire assay and ICP-MS analysis. The Coffee property is an early stage
exploration property and does not contain any mineral resources as defined by
National Instrument 43-101.
On behalf of the Board of Directors of Kaminak
"Rob Carpenter"
Rob Carpenter, Ph.D., P.Geo.
President and CEO
Kaminak Gold Corporation
For further information about Kaminak Gold
Corporation or this news release, please visit our
website at www.kaminak.com or contact Tony Reda, Vice-President of Corporate Development, at toll
free 1.888.331.2269, directly at 604.646.4534 or by email at info@kaminak.com. Kaminak is a member of
the Discovery Group of companies. For more information on the group please
visit www.discoveryexp.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Certain disclosures in this release,
including management's assessment of plans and projects and intentions with respect
to listings of securities, use of proceeds and future exploration programs,
constitute forward-looking statements that are subject to numerous risks,
uncertainties and other factors relating to Kaminak's
operations as a mineral exploration company that may cause future results to
differ materially from those expressed or implied in such forward-looking
statements, including risks as to the completion of the plans and projects.
Readers are cautioned not to place undue reliance on forward-looking statements.
Kaminak expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a
result of new information, future events, or otherwise.
|
|
|
|
|
|
|
|
Kaminak Gold Corporation
|
|
EXPLORATION STAGE |
|
CODE : KAM.V |
|
ISIN : CA48356P2026 |
|
|
| |
ProfileMarket
IndicatorsVALUE :
Projects & res.Press
releasesAnnual
reportRISK :
Asset profileContact Cpy |
Kaminak Gold is a gold exploration company based in Canada. Kaminak Gold holds various exploration projects in Canada. Its main exploration properties are CHURCHILL, NEEDLE LAKE, VOIGTBERG, MATRIX, CRY LAKE (NIZI CREEK), HEMLO NORTH, LACH, IME GOLD PROPERTY, WHITE DISTRICT, TBN PROJECT, BAKER LAKE PROJECT, COFFEE PROPERTY, SY GOLD PROPERTY, SAIL VMS PROPERTY and SHARPE LAKE in Canada. Kaminak Gold is listed in Canada and in United States of America. Its market capitalisation is CA$ 501.9 millions as of today (US$ 385.0 millions, € 349.8 millions). Its stock quote reached its lowest recent point on December 12, 2008 at CA$ 0.07, and its highest recent level on July 29, 2011 at CA$ 4.71. Kaminak Gold has 186 573 847 shares outstanding. |
| Corporate Presentations of Kaminak Gold Corporation |
| Annual reports of Kaminak Gold Corporation |
| Financings of Kaminak Gold Corporation |
| Option Grants of Kaminak Gold Corporation |
| Nominations of Kaminak Gold Corporation |
| Project news of Kaminak Gold Corporation |
 |
| Corporate news of Kaminak Gold Corporation |
| 7/12/2016 | Kaminak Receives Securityholder Approval of Acquisition by G... |
| 6/9/2016 | Kaminak Commences Exploration at Coffee Gold Project, Yukon ... |
| 5/26/2016 | Kaminak Announces Voting Results of Annual General Meeting |
| 5/12/2016 | Kaminak Announces Acquisition Transaction with Goldcorp |
| 1/21/2016 | Kaminak Announces Executive Management Changes Zara Boldt Ap... |
| 1/21/2016 | Kaminak Announces Executive Management Changes |
| 9/28/2015 | Kaminak Announces C$22.5 Million Investment by Electrum Stra... |
| 9/23/2015 | Kaminak Increases Grade, Oxide Ounces and Indicated Resource... |
| 9/23/2015 | Kaminak Increases Grade, Oxide Ounces and Indicated Resource... |
| 9/16/2015 | Kaminak Announces New, Northern Access Road Route to Coffee ... |
| 9/16/2015 | Kaminak Announces New, Northern Access Road Route to Coffee ... |
| 8/13/2015 | Kaminak Reports 2015 Infill Drill Results from Coffee Gold P... |
| 8/13/2015 | Kaminak Reports 2015 Infill Drill Results from Coffee Gold P... |
| 7/30/2015 | Kaminak Reports Up to 85% Gold Recovery from Transitional Mi... |
| 3/12/2015 | Kaminak Announces $21 Million, 2015 Coffee Project Feasibili... |
| 3/12/2015 | Kaminak Announces $21 Million, 2015 Coffee Project Feasibili... |
| 3/11/2015 | Kaminak Announces Closing of $21 Million Bought Deal Private... |
| 3/11/2015 | Kaminak Announces Closing of $21 Million Bought Deal Private... |
| 2/26/2015 | Yukon Ranks 1st in Mineral Potential and 9th Overall in the ... |
| 2/19/2015 | IIROC Trading Resumption - KAM |
| 2/19/2015 | Kaminak Gold Corporation Announces C$21 Million Bought Deal ... |
| 2/18/2015 | IIROC Trading Halt - KAM |
| 2/5/2015 | Kaminak Reports Infill Drill Results from the Supremo Deposi... |
| 1/27/2015 | Kaminak Reports Infill Drill Results and Announces New Gold ... |
| 1/20/2015 | Kaminak Reports High-Grade Infill Drill Results from the Dou... |
| 1/13/2015 | Kaminak Reports Infill Drill Results from the Coffee Latte D... |
| 1/13/2015 | Reports Infill Drill Results from the Coffee Latte Deposit |
| 11/24/2014 | Kaminak Changes Fiscal Year End |
| 11/24/2014 | Kaminak Changes Fiscal Year End |
| 10/28/2014 | Kaminak Drilling Expands Kona North Discovery at Coffee 3.12... |
| 10/28/2014 | Kaminak Drilling Expands Kona North Discovery at Coffee: 3.1... |
| 9/30/2014 | Kaminak Announces Coffee Gold Project Feasibility Program Up... |
| 9/15/2014 | Kaminak Grants Stock Options |
| 2/3/2014 | Mourns the Loss of Dr. Craig Finnigan |
| 12/2/2013 | Validates Heap Leach Process at Coffee Gold Project; Oxide G... |
| 11/7/2013 | ’s Coffee Infill Drilling Program at Latte Deposit Demonstra... |
| 9/24/2013 | Announces Closing of $2.8 Million Bought Deal Private Placem... |
| 9/19/2013 | Initiates Comprehensive Metallurgical Testwork Program at Co... |
| 8/8/2013 | Drilling Extends Near-Surface Oxide Gold Mineralization Alon... |
| 7/9/2013 | Announces Closing of $5 Million Bought Deal Private Placemen... |
| 5/31/2013 | Adopts Advance Notice Policy and Amends Employee Stock Optio... |
| 5/8/2013 | Drilling Extends Supremo T2; Multiple Gold-Bearing Structure... |
| 4/15/2013 | Coffee Gold Project Yields New Drill Discoveries and Adds Hi... |
| 1/10/2013 | Files NI 43-101 Technical Report for Coffee Gold Project |
| 10/11/2012 | Announces Closing of $12 Million Bought Deal Private Placeme... |
| 9/17/2012 | Announces $10 Million Bought Deal Private Placement and Exte... |
| 9/5/2012 | Extends Supremo T3 Zone at Depth and Drills New Gold Discove... |
| 5/31/2012 | Announces Closing of $6 Million Bought Deal Private Placemen... |
| 5/11/2012 | Announces $5 Million Bought Deal Private Placement Proceeds ... |
| 3/19/2012 | Begins Coffee Drill Program |
| 2/2/2012 | Scheduled to Begin Coffee Drill Program in March: Fully Fun... |
| 12/7/2011 | Options Michigan Potash Properties |
| 6/6/2011 | RC Drilling at Supremo Intersects Mineralization Across the ... |
| 7/12/2010 | Announces An Increase To Over-Allotment Option Of Equity Fin... |
| 7/7/2010 | Webcast Presentation |
| 6/10/2010 | Step-Out Drilling Extends Latte and Supremo Zones Along Tren... |
| 6/7/2010 | Makes Second Yukon Gold Discovery: Latte Zone Yields 1.08 g/... |
| 2/8/2010 | Receives CDN $2.2 Million From Warrant Exercises |
| 1/14/2010 | Exhibiting, Presenting and Sponsoring Yukon Events at Upcomi... |
| 10/15/2009 | Kaminak’s Partner Completes Drilling on Cry Lake, British Co... |
| 9/22/2009 | Stakes 210 Additional Claims in the Yukon’s White District B... |
| 9/14/2009 | BCGold Corp. Amend Agreement on Voigtberg Au-Cu Project, Nor... |
| 8/10/2009 | Commences Exploration Program on the TBN Platinum-Palladium ... |
| 6/10/2009 | Expands Yukon Gold Work Program to Accommodate Drilling |
| 6/5/2009 | Stakes Platinum-Palladium Targets in the Thunder Bay Area, N... |
| 5/20/2009 | Stakes Additional Claims in the White Gold District, Yukon T... |
| 1/21/2009 | Presents Educational Workshop and Exhibits at Upcoming Vanco... |
| 10/1/2008 | Seeks Approval for Share Buy-Back Program Through Normal Cou... |
| 7/4/2008 | Closes Spin-out of Kivalliq Energy Corporation and Sharehold... |
| 6/27/2008 | Receives Shareholder and Court approval for spin-out of Kiva... |
| 6/23/2008 | Proposes Timetable for Closing of Spin-out Transaction and A... |
| 5/9/2008 | Formalizes Agreement on Angilak Property with Nunavut Tunnga... |
| 4/3/2008 | Featured in Financial Post Business Magazine |
| 3/20/2008 | Completes Warrant Exercise and Provides Corporate Update |
| 3/10/2008 | Exhibit at the Paul van Eeden Investing in 2008 Conference |
| 2/21/2008 | Shareholders to Receive Shares in New Uranium Spin-out call... |
| 1/31/2008 | Signs Landmark Agreement with Nunavut Tunngavik Incorporated... |
| 1/15/2008 | Commences Airborne Geophysical Surveys on Quebec Nickel Pro... |
| 11/22/2007 | Confirms copper-uranium-silver mineralization along the BOG... |
| 11/15/2007 | Management Increases Share Position |
| 11/5/2007 | Reports New Gold-Rich Surface Samples from Its YAT Copper-Ur... |
| 10/3/2007 | Investment Workshop - Evaluating a Mineral Exploration Compa... |
| 9/17/2007 | Partners Commence Exploration Programs on Three Separate Gol... |
| 8/22/2007 | Options Needle Gold Property to TerraX Resource Corp. |
| 7/18/2007 | Options SY Gold Property to Corsa Capital Ltd. and Signs Exp... |
| 7/5/2007 | Begins Exploration Programs on Washburn and Yathkyed Project... |
| 5/4/2006 | to receive up to $5,000,000 of additional geological data se... |
|
|