Kaminak Gold Corporation

Published : June 04th, 2012

Expands Supremo and Double Double Gold Zones: New Results include: 36.3 g/t Au over 3.5m; 19.1 g/t

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Kaminak Expands Supremo and Double Double Gold Zones:

New Results include: 36.3 g/t Au over 3.5m; 19.1 g/t Au over 6m; 16.5 g/t Au
over 4.5m; 13.1 g/t Au over 6.1m and 2.6 g/t Au over 32m

June 4, 2012

Vancouver, B.C. � Kaminak Gold Corporation (KAM: TSX-V) today announced results for 39 reverse circulation (RC) drill holes and 24 Diamond core drill holes from the Coffee Gold Project, Yukon Territory. Assays are presented from three gold trends comprising the T3 and T5 zones at Supremo and the nearby Double Double zone. The fully funded exploration program has now completed over 20,000m of drilling since March, and Kaminak is on schedule to complete its 2012 objective of 50,000m of drilling on budget. The ongoing program is designed to connect near-surface and well oxidized gold zones along trend and drill test additional gold-in-soil anomalies.

Key Point Summary

  • Double Double Zone: First four holes drilled in 2012 successfully extended the known gold trend an additional 100m; total strike length is now at least 300m.  Results include:  36.3 g/t Au (grams per tonne gold) over 3.5m (from 51.5m core length); 16.5 g/t Au over 4.5m (from 71m) and 5.8 g/t Au over 8m (from 79m). All zones remain open along trend and to depth. Thirteen additional holes are pending / planned along this 600m long gold-in-soil anomaly. 
  • T4-5 Zone (Supremo): Drilling in early 2012 identified a new near-surface gold trend initially defined over 50m in length. Additional drilling has now expanded the trend at least 600m in length. Results include:  13.1 g/t Au over 6.1m (from 119m); 4.3 g/t Au over 13.7m (from surface); 5.6 g/t Au over 9.1m (from 172m); 3.9 g/t Au over 13.7m (from 154m) and 3.0 g/t Au over 12.2m (from 169m)
  • T3 Zone (Supremo): Drilling successfully extended trace of gold zone an additional 300m; total strike length of T3 zone is now at least 1000m.  Results include:  19.1 g/t Au over 6m (from 164m); 2.6 g/t Au over 32m (from 102m depth); 10 g/t Au over 4m (from 145m depth); 16.5 g/t Au over 2m (from 67m depth) and 6.7 g/t Au over 5m (from 70m depth).  
  • Four drills are operating on the Coffee property and a fifth will be added by early July.  Over 20,000m has been drilled to date, and Kaminak is scheduled to complete its 2012 objective of 50,000m on budget. Three drills are active at Supremo (2 Diamond and 1 RC) and a fourth drill (Diamond) is at Double Double.  Drilling of the Sugar trend is expected to start in the third week of June.

Drill Results

Gold mineralization is hosted within brittle fractures and brecciated gneisses and felsic-intermediate intrusive rocks, accompanied by silica flooding and pyrite (oxidized to limonite/hematite) alteration.  Higher-grade gold is associated with intense quartz-sericite alteration and high pyrite/limonite content.  The mineralized structures are totally to partially oxidized to approximately 150m below surface.  Geological similarities between all gold zones at Coffee suggest these zones are related to the same mineralizing event, and as a result, are potentially connected along trend and at depth.  All gold zones drilled to date in 2012 start at surface and remain open down dip and along strike.  All maps, sections and assay sheets are currently available on the Kaminak website, www.kaminak.com .

Double Double

Diamond core drilling commenced in early May at Double Double with 50m step-outs along strike of the drilling completed over the 2010/11 field seasons.  To date, an additional 100m of strike has been added to the trend with the 2012 results of 36.29g/t Au over 3.5m (from 51.5m) and 16.53g/t Au over 4.5m (from 71m) being consistent with the previously intersected relatively high grade zones. Mineralization occurs in discrete east-northeast trending, steeply-dipping to vertical lodes characterized by intense silicification, polyphase breccia and strong clay and sulphides.  Continued drilling (assays pending) along strike is testing the depth potential of the 600m long >100ppb Au gold-in-soil anomaly. 

Supremo T4-5

Reverse circulation (RC) drilling commenced in mid�March, with the first batch of assay results from T4-5 released on April 23, 2012 (see news releases March 19th and April 23rd, 2012).  The drill program is designed to test the shallow and oxidized gold potential of the T4 and T5 structural trend.  Total drilled strike length of the T4-5 trend, which is interpreted to connect with drill intercepts from 2011 RC drilling further to the north, is currently approximately 1000m. Results include:  13.1 g/t Au over 6.1m (from 119m); 4.3 g/t Au over 13.7m (from surface); 5.6 g/t Au over 9.1m (from 172m); 3.9 g/t Au over 13.7m (from 154m) and 3.0 g/t Au over 12.2m (from 169m).  Ongoing drilling continues (assays pending) to test the T4 and T5 trends, which diverge and are interpreted to be striking towards the Connector/Latte and Double Double zones respectively. 

Supremo T3

Two Diamond core drills commenced drilling on T3 in early April stepping out along strike towards the Connector Zone located approximately 1km to the south.  Drilling has continued to intersect a north-south striking, steeply east dipping structural corridor containing one or more mineralized lodes. Results include:  19.1 g/t Au over 6m (from 164m); 2.6 g/t Au over 32m (from 102m depth); 10 g/t Au over 4m (from 145m depth); 16.5 g/t Au over 2m (from 67m depth) and 6.7 g/t Au over 5m (from 70m depth). In total, the assay results received to date indicate an additional 300m strike has been added to the 700m already delineated in 2010-2011, for a total strike length of 1000m to date.  Drilling is continuing on the southward extension of the T3 trend towards Connector (assays pending). 

Exploration Update

The 2012 Coffee Gold Project drilling program is designed to connect known gold zones along trend and discover additional near-surface gold mineralization, building towards the maiden National Instrument 43-101 mineral resource estimate expected early 2013.  In addition, the 2012 program will include the first ever drilling of the Sugar gold-in-soil anomaly, located 20km east of Coffee.

The ongoing drilling programs at Coffee continue to further define the strike extent of the Supremo and Double Double gold trends.  Four drills are currently operating at Coffee, with one drill scheduled to commence drilling of the Sugar zone in the third week of June.  A second RC drill will be added by early July, bringing the total to five drills operating across the Coffee property. 

Assay Table

Drill Hole Number
From (m)
To (m)
Width (m)*
Weighted grade (g/t Au)
Double Double
CFD-198
44
45
1
5.61
and
71
75.5
4.5
16.53
CFD-202
62
64
2
7.37
and
78.5
83.5
5
2.02
and
316
317
1
1.76
CFD-205
51.5
55
3.5
36.29
and
120.9
124.4
3.5
0.80
CFD-209
72.5
74
1.5
4.02
and
79
87
8
5.85
 
 
Supremo T4-5
CFR-149
47.24
50.29
3.05
1.37
and
74.68
79.25
4.57
1.38
CFR-150
16.76
22.86
6.10
0.59
CFR-151
21.34
22.86
1.52
2.05
and
79.25
83.82
4.57
1.17
and
94.49
106.68
12.19
2.34
CFR-152
85.34
88.39
3.05
6.49
and
121.92
129.54
7.62
1.72
CFR-153
36.58
38.1
1.52
1.23
CFR-154
48.77
59.44
10.67
1.15
and
79.25
82.3
3.05
0.96
and
198.12
199.64
1.52
1.29
CFR-155
56.39
62.48
6.09
0.92
and
70.1
74.68
4.58
1.34
and
82.3
83.82
1.52
6.35
and
99.06
111.25
12.19
2.33
CFR-156
108.2
111.25
3.05
7.11
and
121.92
138.68
16.76
1.64
CFR-157
47.24
48.77
1.53
2.16
CFR-158
74.68
77.72
3.04
4.06
CFR-159
112.78
117.35
4.57
2.57
CFR-160
16.76
21.34
4.58
2.52
and
137.16
146.3
9.14
1.29
CFR-161
54.86
56.39
1.53
0.97
CFR-162
86.87
94.49
7.62
1.24
CFR-163
155.45
172.21
16.76
1.14
CFR-164
153.92
167.64
13.72
3.92
CFR-165
No Significant Result � Hole abandoned due to ground conditions
CFR-166
21.34
38.1
16.76
1.36
and
96.01
99.06
3.05
2.29
CFR-167
74.68
77.72
3.04
1.57
and
115.82
118.87
3.05
0.82
CFR-168
27.43
30.48
3.05
1.36
and
41.15
44.2
3.05
4.20
and
118.87
124.97
6.10
13.12
and
143.26
144.78
1.52
1.47
CFR-169
67.06
71.63
4.57
1.90
and
172.21
181.36
9.15
5.64
CFR-170
45.72
57.91
12.19
2.21
CFR-171
36.58
39.62
3.04
2.89
and
85.34
102.11
16.77
2.09
CFR-172
30.48
33.53
3.05
1.66
and
155.45
160.02
4.57
1.25
and
190.5
192.02
1.52
5.74
CFR-173
1.53
15.24
13.71
4.28
and
103.63
105.16
1.53
2.18
and
117.35
120.4
3.05
2.06
CFR-174
28.96
33.53
4.57
4.50
CFR-175
12.19
15.24
3.05
1.10
and
64.01
73.15
9.14
1.70
and
169.16
181.36
12.2
3.03
CFR-176
67.06
68.58
1.52
2.17
and
111.25
114.3
3.05
1.04
and
124.97
129.54
4.57
4.74
CFR-177
126.49
128.02
1.53
1.54
CFR-178
102.11
105.16
3.05
0.83
and
155.45
158.5
3.05
0.96
CFR-179
59.44
62.48
3.04
10.88
CFR-180
120.4
128.02
7.62
1.33
CFR-181
85.34
102.11
16.77
1.60
CFR-182
88.39
89.92
1.53
2.54
and
190.5
192.02
1.52
2.08
CFR-183
57.91
59.44
1.53
2.14
and
115.82
117.35
1.53
3.85
CFR-184
141.73
144.78
3.05
0.89
CFR-185
25.91
30.48
4.57
2.63
and
53.34
59.44
6.10
1.28
and
74.68
76.2
1.52
2.03
CFR-186
77.72
79.25
1.53
1.91
and
108.2
109.73
1.53
1.56
CFR-187
86.87
88.39
1.52
1.06
and
141.73
146.3
4.57
3.66
 
 
 
 
 
Supremo T3
CFD-178
15
17
2
1.13
and
25
26
1
2.02
and
38
40
2
1.10
and
69
74
5
1.74
and
137
139
2
2.49
CFD-179
30
44
14
1.64
and
80
90
10
1.49
CFD-180
72
74
2
8.16
and
84
89
5
1.60
and
104
111
7
4.47
and
124
125
1
3.51
CFD-181
62
64
2
1.51
and
103
126
23
1.34
CFD-182
58
64
6
1.35
and
109
112
3
0.89
and
131
133
2
1.14
CFD-183
68
70
2
3.98
and
144
152
8
1.54
and
164
170
6
19.14
and
173
175
2
1.74
CFD-184
85
87
2
1.39
and
97
105
8
1.08
and
141
143
2
4.65
and
160
162
2
2.21
CFD-185
169
187
18
1.81
and
207
208
1
4.57
CFD-186
70
75
5
6.68
CFD-187
No Significant Result
CFD-188
77
78
1
4.42
and
82
83
1
1.42
and
88
89
1
2.56
and
95
112
17
1.40
CFD-189
95
96
1
3.0
and
102
134
32
2.56
CFD-190
106
116
10
1.0
CFD-191
97
99
2
5.47
and
129
134
5
2.49
and
160
163
3
1.69
CFD-192
145
149
4
9.99
CFD-193
No Significant Result
CFD-194
No Significant Result
CFD-195
102
103
1
1.32
CFD-196
126
127
1
5.68
CFD-197
67
69
2
16.55
and
79
80
1
12.95
CFD-199
14
16
2
1.83

 

*True width estimated at approximately 2/3 down-hole length.

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 sample string. Samples are placed in sealed bags and shipped directly to the ALS Minerals preparatory laboratory in Whitehorse prior to gold fire assay. 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.

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, projects and intentions with respect to the Coffee Project drilling program 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 Expands Supremo and Double Double Gold Zones:

New Results include: 36.3 g/t Au over 3.5m; 19.1 g/t Au over 6m; 16.5 g/t Au
over 4.5m; 13.1 g/t Au over 6.1m and 2.6 g/t Au over 32m

June 4, 2012

Vancouver, B.C. � Kaminak Gold Corporation (KAM: TSX-V) today announced results for 39 reverse circulation (RC) drill holes and 24 Diamond core drill holes from the Coffee Gold Project, Yukon Territory. Assays are presented from three gold trends comprising the T3 and T5 zones at Supremo and the nearby Double Double zone. The fully funded exploration program has now completed over 20,000m of drilling since March, and Kaminak is on schedule to complete its 2012 objective of 50,000m of drilling on budget. The ongoing program is designed to connect near-surface and well oxidized gold zones along trend and drill test additional gold-in-soil anomalies.

Key Point Summary

  • Double Double Zone: First four holes drilled in 2012 successfully extended the known gold trend an additional 100m; total strike length is now at least 300m.  Results include:  36.3 g/t Au (grams per tonne gold) over 3.5m (from 51.5m core length); 16.5 g/t Au over 4.5m (from 71m) and 5.8 g/t Au over 8m (from 79m). All zones remain open along trend and to depth. Thirteen additional holes are pending / planned along this 600m long gold-in-soil anomaly. 
  • T4-5 Zone (Supremo): Drilling in early 2012 identified a new near-surface gold trend initially defined over 50m in length. Additional drilling has now expanded the trend at least 600m in length. Results include:  13.1 g/t Au over 6.1m (from 119m); 4.3 g/t Au over 13.7m (from surface); 5.6 g/t Au over 9.1m (from 172m); 3.9 g/t Au over 13.7m (from 154m) and 3.0 g/t Au over 12.2m (from 169m)
  • T3 Zone (Supremo): Drilling successfully extended trace of gold zone an additional 300m; total strike length of T3 zone is now at least 1000m.  Results include:  19.1 g/t Au over 6m (from 164m); 2.6 g/t Au over 32m (from 102m depth); 10 g/t Au over 4m (from 145m depth); 16.5 g/t Au over 2m (from 67m depth) and 6.7 g/t Au over 5m (from 70m depth).  
  • Four drills are operating on the Coffee property and a fifth will be added by early July.  Over 20,000m has been drilled to date, and Kaminak is scheduled to complete its 2012 objective of 50,000m on budget. Three drills are active at Supremo (2 Diamond and 1 RC) and a fourth drill (Diamond) is at Double Double.  Drilling of the Sugar trend is expected to start in the third week of June.

Drill Results

Gold mineralization is hosted within brittle fractures and brecciated gneisses and felsic-intermediate intrusive rocks, accompanied by silica flooding and pyrite (oxidized to limonite/hematite) alteration.  Higher-grade gold is associated with intense quartz-sericite alteration and high pyrite/limonite content.  The mineralized structures are totally to partially oxidized to approximately 150m below surface.  Geological similarities between all gold zones at Coffee suggest these zones are related to the same mineralizing event, and as a result, are potentially connected along trend and at depth.  All gold zones drilled to date in 2012 start at surface and remain open down dip and along strike.  All maps, sections and assay sheets are currently available on the Kaminak website, www.kaminak.com .

Double Double

Diamond core drilling commenced in early May at Double Double with 50m step-outs along strike of the drilling completed over the 2010/11 field seasons.  To date, an additional 100m of strike has been added to the trend with the 2012 results of 36.29g/t Au over 3.5m (from 51.5m) and 16.53g/t Au over 4.5m (from 71m) being consistent with the previously intersected relatively high grade zones. Mineralization occurs in discrete east-northeast trending, steeply-dipping to vertical lodes characterized by intense silicification, polyphase breccia and strong clay and sulphides.  Continued drilling (assays pending) along strike is testing the depth potential of the 600m long >100ppb Au gold-in-soil anomaly. 

Supremo T4-5

Reverse circulation (RC) drilling commenced in mid�March, with the first batch of assay results from T4-5 released on April 23, 2012 (see news releases March 19th and April 23rd, 2012).  The drill program is designed to test the shallow and oxidized gold potential of the T4 and T5 structural trend.  Total drilled strike length of the T4-5 trend, which is interpreted to connect with drill intercepts from 2011 RC drilling further to the north, is currently approximately 1000m. Results include:  13.1 g/t Au over 6.1m (from 119m); 4.3 g/t Au over 13.7m (from surface); 5.6 g/t Au over 9.1m (from 172m); 3.9 g/t Au over 13.7m (from 154m) and 3.0 g/t Au over 12.2m (from 169m).  Ongoing drilling continues (assays pending) to test the T4 and T5 trends, which diverge and are interpreted to be striking towards the Connector/Latte and Double Double zones respectively. 

Supremo T3

Two Diamond core drills commenced drilling on T3 in early April stepping out along strike towards the Connector Zone located approximately 1km to the south.  Drilling has continued to intersect a north-south striking, steeply east dipping structural corridor containing one or more mineralized lodes. Results include:  19.1 g/t Au over 6m (from 164m); 2.6 g/t Au over 32m (from 102m depth); 10 g/t Au over 4m (from 145m depth); 16.5 g/t Au over 2m (from 67m depth) and 6.7 g/t Au over 5m (from 70m depth). In total, the assay results received to date indicate an additional 300m strike has been added to the 700m already delineated in 2010-2011, for a total strike length of 1000m to date.  Drilling is continuing on the southward extension of the T3 trend towards Connector (assays pending). 

Exploration Update

The 2012 Coffee Gold Project drilling program is designed to connect known gold zones along trend and discover additional near-surface gold mineralization, building towards the maiden National Instrument 43-101 mineral resource estimate expected early 2013.  In addition, the 2012 program will include the first ever drilling of the Sugar gold-in-soil anomaly, located 20km east of Coffee.

The ongoing drilling programs at Coffee continue to further define the strike extent of the Supremo and Double Double gold trends.  Four drills are currently operating at Coffee, with one drill scheduled to commence drilling of the Sugar zone in the third week of June.  A second RC drill will be added by early July, bringing the total to five drills operating across the Coffee property. 

Assay Table

Drill Hole Number
From (m)
To (m)
Width (m)*
Weighted grade (g/t Au)
Double Double
CFD-198
44
45
1
5.61
and
71
75.5
4.5
16.53
CFD-202
62
64
2
7.37
and
78.5
83.5
5
2.02
and
316
317
1
1.76
CFD-205
51.5
55
3.5
36.29
and
120.9
124.4
3.5
0.80
CFD-209
72.5
74
1.5
4.02
and
79
87
8
5.85
 
 
Supremo T4-5
CFR-149
47.24
50.29
3.05
1.37
and
74.68
79.25
4.57
1.38
CFR-150
16.76
22.86
6.10
0.59
CFR-151
21.34
22.86
1.52
2.05
and
79.25
83.82
4.57
1.17
and
94.49
106.68
12.19
2.34
CFR-152
85.34
88.39
3.05
6.49
and
121.92
129.54
7.62
1.72
CFR-153
36.58
38.1
1.52
1.23
CFR-154
48.77
59.44
10.67
1.15
and
79.25
82.3
3.05
0.96
and
198.12
199.64
1.52
1.29
CFR-155
56.39
62.48
6.09
0.92
and
70.1
74.68
4.58
1.34
and
82.3
83.82
1.52
6.35
and
99.06
111.25
12.19
2.33
CFR-156
108.2
111.25
3.05
7.11
and
121.92
138.68
16.76
1.64
CFR-157
47.24
48.77
1.53
2.16
CFR-158
74.68
77.72
3.04
4.06
CFR-159
112.78
117.35
4.57
2.57
CFR-160
16.76
21.34
4.58
2.52
and
137.16
146.3
9.14
1.29
CFR-161
54.86
56.39
1.53
0.97
CFR-162
86.87
94.49
7.62
1.24
CFR-163
155.45
172.21
16.76
1.14
CFR-164
153.92
167.64
13.72
3.92
CFR-165
No Significant Result � Hole abandoned due to ground conditions
CFR-166
21.34
38.1
16.76
1.36
and
96.01
99.06
3.05
2.29
CFR-167
74.68
77.72
3.04
1.57
and
115.82
118.87
3.05
0.82
CFR-168
27.43
30.48
3.05
1.36
and
41.15
44.2
3.05
4.20
and
118.87
124.97
6.10
13.12
and
143.26
144.78
1.52
1.47
CFR-169
67.06
71.63
4.57
1.90
and
172.21
181.36
9.15
5.64
CFR-170
45.72
57.91
12.19
2.21
CFR-171
36.58
39.62
3.04
2.89
and
85.34
102.11
16.77
2.09
CFR-172
30.48
33.53
3.05
1.66
and
155.45
160.02
4.57
1.25
and
190.5
192.02
1.52
5.74
CFR-173
1.53
15.24
13.71
4.28
and
103.63
105.16
1.53
2.18
and
117.35
120.4
3.05
2.06
CFR-174
28.96
33.53
4.57
4.50
CFR-175
12.19
15.24
3.05
1.10
and
64.01
73.15
9.14
1.70
and
169.16
181.36
12.2
3.03
CFR-176
67.06
68.58
1.52
2.17
and
111.25
114.3
3.05
1.04
and
124.97
129.54
4.57
4.74
CFR-177
126.49
128.02
1.53
1.54
CFR-178
102.11
105.16
3.05
0.83
and
155.45
158.5
3.05
0.96
CFR-179
59.44
62.48
3.04
10.88
CFR-180
120.4
128.02
7.62
1.33
CFR-181
85.34
102.11
16.77
1.60
CFR-182
88.39
89.92
1.53
2.54
and
190.5
192.02
1.52
2.08
CFR-183
57.91
59.44
1.53
2.14
and
115.82
117.35
1.53
3.85
CFR-184
141.73
144.78
3.05
0.89
CFR-185
25.91
30.48
4.57
2.63
and
53.34
59.44
6.10
1.28
and
74.68
76.2
1.52
2.03
CFR-186
77.72
79.25
1.53
1.91
and
108.2
109.73
1.53
1.56
CFR-187
86.87
88.39
1.52
1.06
and
141.73
146.3
4.57
3.66
 
 
 
 
 
Supremo T3
CFD-178
15
17
2
1.13
and
25
26
1
2.02
and
38
40
2
1.10
and
69
74
5
1.74
and
137
139
2
2.49
CFD-179
30
44
14
1.64
and
80
90
10
1.49
CFD-180
72
74
2
8.16
and
84
89
5
1.60
and
104
111
7
4.47
and
124
125
1
3.51
CFD-181
62
64
2
1.51
and
103
126
23
1.34
CFD-182
58
64
6
1.35
and
109
112
3
0.89
and
131
133
2
1.14
CFD-183
68
70
2
3.98
and
144
152
8
1.54
and
164
170
6
19.14
and
173
175
2
1.74
CFD-184
85
87
2
1.39
and
97
105
8
1.08
and
141
143
2
4.65
and
160
162
2
2.21
CFD-185
169
187
18
1.81
and
207
208
1
4.57
CFD-186
70
75
5
6.68
CFD-187
No Significant Result
CFD-188
77
78
1
4.42
and
82
83
1
1.42
and
88
89
1
2.56
and
95
112
17
1.40
CFD-189
95
96
1
3.0
and
102
134
32
2.56
CFD-190
106
116
10
1.0
CFD-191
97
99
2
5.47
and
129
134
5
2.49
and
160
163
3
1.69
CFD-192
145
149
4
9.99
CFD-193
No Significant Result
CFD-194
No Significant Result
CFD-195
102
103
1
1.32
CFD-196
126
127
1
5.68
CFD-197
67
69
2
16.55
and
79
80
1
12.95
CFD-199
14
16
2
1.83

 

*True width estimated at approximately 2/3 down-hole length.

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 sample string. Samples are placed in sealed bags and shipped directly to the ALS Minerals preparatory laboratory in Whitehorse prior to gold fire assay. 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.

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, projects and intentions with respect to the Coffee Project drilling program 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
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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.

Your feedback is appreciated, please leave a comment or rate this article.
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Corporate Presentations of Kaminak Gold Corporation
6/4/2007and BCGold Corp Commission an Airborne Geophysical Survey ov...
Annual reports of Kaminak Gold Corporation
2007 annual report
Financings of Kaminak Gold Corporation
10/30/2015Closes C$22.5 Million Financing with Electrum Strategic Oppo...
9/5/2013Announces $2.5 Million Bought Deal Private Placement and Ext...
6/18/2013Announces Increase Of Previously Announced Bought Deal Priva...
6/18/2013Announces $4 Million Bought Deal Private Placement
10/11/2012Announces Closing of $12 Million Bought Deal Private Placeme...
3/3/2011Announces Closing of $11.5 Million Bought Deal Private Place...
2/16/2011Announces $10 Million Bought Deal Private Placement
7/29/2010Announces Closing of Bought Deal Equity Financing
7/12/2010Announces $10 Million Bought Deal Common Share And Flow-Thro...
7/15/2009Closes $500,000 Non-Brokered Flow-Through Private Placement
6/22/2009$500,000 Non-Brokered Flow-Through Private Placement
6/22/2009Increases Non-Brokered Private Placement
4/23/2008Receives Shares and Warrants from Corsa Capital Ltd.
Option Grants of Kaminak Gold Corporation
12/5/2008Grants 650,000 Stock Options
Nominations of Kaminak Gold Corporation
4/29/2013Appoints New Corporate Secretary
4/11/2013Appoints Director of Lands and Environment and Engages JDS E...
2/6/2013To Appoint Eira Thomas As President & CEO; Richard Hall And ...
6/8/2012Appoints Blair Lockhart Corporate Secretary; Kaminak Directo...
10/7/2011Appoints Jonathan Singh Interim CFO
4/12/2011Announces Election of Garth Kirkham to the Board of Director...
Project news of Kaminak Gold Corporation
1/28/2014Announces Updated Mineral Resource Estimate at Coffee Gold P...
11/20/2013Coffee Drilling Links Supremo T5 and T7 Gold Zones
10/10/2013Drills New Oxide Gold Discovery at Coffee
6/17/2013Drilling Confirms High Potential at Connector Zone and Exten...
5/17/2013and Tr'ondek Hwech'in First Nations Sign Exploration Coopera...
11/2/2012Presents at Vancouver Mining Exploration Group Luncheon
10/15/2012Drilling Connects the Supremo T5 and Double Double Gold Zone...
9/11/2012Drilling Successfully Connects Supremo T3 and T4 Gold Zones
7/9/2012Drilling Successfully Connects Supremo and Latte Gold Zones
6/4/2012Expands Supremo and Double Double Gold Zones: New Results i...
4/23/2012Drills New Gold Discovery At Supremo Zone: Results from T4 a...
4/2/2012Reports 90.4% Gold Recoveries from Simulated Heap Leach Test...
1/11/2012Extends High-Grade Supremo ‘T3 Zone’ ...
11/30/2011Expands Near-Surface Gold Zones at Kona: New Drill Results I...
10/11/2011Defines Extensive Soil Anomalies Along Newly Recognized Suga...
9/14/2011(Coffee Property)Drilling Increases Length of the Latte Gold Zone to 1350 met...
8/24/2011Drills High-Grade Gold at Supremo T3 Zone
8/9/2011Drills 74.9 g/t Au over 4m at Double Double: High-Grade Gold...
7/6/2011Begins Collecting 10,000 Soil Samples at Coffee Gold Project...
6/13/2011Drills High-Grade Gold at Latte Zone
3/15/2011(Coffee Property) 43-101 Technical Report on Coffee Gold Project, Yukon
3/14/2011(Coffee Property)Reports 97% Gold Recoveries from Initial Metallurgical Testi...
3/7/2011(Coffee Property)Announces Phase One Drill Plan for the 2011 Coffee Explorati...
1/12/2011(Coffee Property)Announces $15 Million Initial Phase 1 Budget for Coffee Gold...
8/11/2010(Coffee Property)Drills Third Gold Discovery on the Coffee Property: Double D...
8/5/2010(Coffee Property)Drilling Extends Supremo Gold Zone at Least 550m Along Trend...
5/26/2010(Coffee Property)Drills New Yukon Gold Discovery: First Hole Intersects 17.1 ...
5/3/2010(Coffee Property)Begins Drilling Coffee Gold Project
4/20/2010(Coffee Property)Mobilizes to the Coffee Property and Outlines Drill Strategy
3/29/2010(Coffee Property)Significantly Increases Coffee Gold Land Position; Acquires ...
10/27/2009(Coffee Property)Coffee Property Continues to Yield High-Grade Trenching Resu...
10/14/2009(Churchill)Options Churchill Project Non-Diamond Rights to Shear Minera...
10/8/2009(Coffee Property)Reports New High-Grade Gold Occurrences from the Coffee Prop...
9/24/2009(Tbn Project)Completes Airborne Geophysical Survey and Initiates Follow-U...
9/1/2009(Cry Lake (nizi Creek))’s Partner Proposes Drill Program on Cry Lake (Nizi Creek) G...
8/24/2009(Coffee Property)Identifies Additional Gold-in-Soil Trends on the Coffee Prop...
8/13/2009(White District)Reports New Gold Occurrences from Yukon’s White District: Tr...
7/7/2009(White District)Commences Trenching Program on White District Gold Propertie...
8/28/2008(Needle Lake) Commence Drilling at Needle Gold Property
8/6/2008(Cry Lake (nizi Creek))Options Nizi Creek Gold-Silver Property to Avasca Inc.
6/17/2008(Sy Gold Property)Partner Corsa Capital to Spend $350,000 at SY Gold Property,...
3/31/2008(Needle Lake) Reports New High-Grade Surface Occurrences from the Needle ...
1/18/2008(Voigtberg)Provides Joint Venture Updates on its British Columbia Gold ...
1/10/2008(Hemlo North) Identifies Favourable Alteration and Shearing on its Hemlo ...
8/20/2007(Voigtberg)and BCGold Commence Drill Program at Voigtberg Property, Nor...
6/20/2007Stakes 21,000 Acre Land Position in the Hemlo Greenstone Bel...
Corporate news of Kaminak Gold Corporation
7/12/2016Kaminak Receives Securityholder Approval of Acquisition by G...
6/9/2016Kaminak Commences Exploration at Coffee Gold Project, Yukon ...
5/26/2016Kaminak Announces Voting Results of Annual General Meeting
5/12/2016Kaminak Announces Acquisition Transaction with Goldcorp
1/21/2016Kaminak Announces Executive Management Changes Zara Boldt Ap...
1/21/2016Kaminak Announces Executive Management Changes
9/28/2015Kaminak Announces C$22.5 Million Investment by Electrum Stra...
9/23/2015Kaminak Increases Grade, Oxide Ounces and Indicated Resource...
9/23/2015Kaminak Increases Grade, Oxide Ounces and Indicated Resource...
9/16/2015Kaminak Announces New, Northern Access Road Route to Coffee ...
9/16/2015Kaminak Announces New, Northern Access Road Route to Coffee ...
8/13/2015Kaminak Reports 2015 Infill Drill Results from Coffee Gold P...
8/13/2015Kaminak Reports 2015 Infill Drill Results from Coffee Gold P...
7/30/2015Kaminak Reports Up to 85% Gold Recovery from Transitional Mi...
3/12/2015Kaminak Announces $21 Million, 2015 Coffee Project Feasibili...
3/12/2015Kaminak Announces $21 Million, 2015 Coffee Project Feasibili...
3/11/2015Kaminak Announces Closing of $21 Million Bought Deal Private...
3/11/2015Kaminak Announces Closing of $21 Million Bought Deal Private...
2/26/2015Yukon Ranks 1st in Mineral Potential and 9th Overall in the ...
2/19/2015IIROC Trading Resumption - KAM
2/19/2015Kaminak Gold Corporation Announces C$21 Million Bought Deal ...
2/18/2015IIROC Trading Halt - KAM
2/5/2015Kaminak Reports Infill Drill Results from the Supremo Deposi...
1/27/2015Kaminak Reports Infill Drill Results and Announces New Gold ...
1/20/2015Kaminak Reports High-Grade Infill Drill Results from the Dou...
1/13/2015Kaminak Reports Infill Drill Results from the Coffee Latte D...
1/13/2015Reports Infill Drill Results from the Coffee Latte Deposit
11/24/2014Kaminak Changes Fiscal Year End
11/24/2014Kaminak Changes Fiscal Year End
10/28/2014Kaminak Drilling Expands Kona North Discovery at Coffee 3.12...
10/28/2014Kaminak Drilling Expands Kona North Discovery at Coffee: 3.1...
9/30/2014Kaminak Announces Coffee Gold Project Feasibility Program Up...
9/15/2014Kaminak Grants Stock Options
2/3/2014Mourns the Loss of Dr. Craig Finnigan
12/2/2013Validates Heap Leach Process at Coffee Gold Project; Oxide G...
11/7/2013’s Coffee Infill Drilling Program at Latte Deposit Demonstra...
9/24/2013Announces Closing of $2.8 Million Bought Deal Private Placem...
9/19/2013Initiates Comprehensive Metallurgical Testwork Program at Co...
8/8/2013Drilling Extends Near-Surface Oxide Gold Mineralization Alon...
7/9/2013Announces Closing of $5 Million Bought Deal Private Placemen...
5/31/2013Adopts Advance Notice Policy and Amends Employee Stock Optio...
5/8/2013Drilling Extends Supremo T2; Multiple Gold-Bearing Structure...
4/15/2013Coffee Gold Project Yields New Drill Discoveries and Adds Hi...
1/10/2013Files NI 43-101 Technical Report for Coffee Gold Project
10/11/2012Announces Closing of $12 Million Bought Deal Private Placeme...
9/17/2012Announces $10 Million Bought Deal Private Placement and Exte...
9/5/2012Extends Supremo T3 Zone at Depth and Drills New Gold Discove...
5/31/2012Announces Closing of $6 Million Bought Deal Private Placemen...
5/11/2012Announces $5 Million Bought Deal Private Placement Proceeds ...
3/19/2012Begins Coffee Drill Program
2/2/2012Scheduled to Begin Coffee Drill Program in March: Fully Fun...
12/7/2011Options Michigan Potash Properties
6/6/2011RC Drilling at Supremo Intersects Mineralization Across the ...
7/12/2010Announces An Increase To Over-Allotment Option Of Equity Fin...
7/7/2010Webcast Presentation
6/10/2010Step-Out Drilling Extends Latte and Supremo Zones Along Tren...
6/7/2010Makes Second Yukon Gold Discovery: Latte Zone Yields 1.08 g/...
2/8/2010Receives CDN $2.2 Million From Warrant Exercises
1/14/2010Exhibiting, Presenting and Sponsoring Yukon Events at Upcomi...
10/15/2009Kaminak’s Partner Completes Drilling on Cry Lake, British Co...
9/22/2009Stakes 210 Additional Claims in the Yukon’s White District B...
9/14/2009BCGold Corp. Amend Agreement on Voigtberg Au-Cu Project, Nor...
8/10/2009Commences Exploration Program on the TBN Platinum-Palladium ...
6/10/2009Expands Yukon Gold Work Program to Accommodate Drilling
6/5/2009Stakes Platinum-Palladium Targets in the Thunder Bay Area, N...
5/20/2009Stakes Additional Claims in the White Gold District, Yukon T...
1/21/2009Presents Educational Workshop and Exhibits at Upcoming Vanco...
10/1/2008Seeks Approval for Share Buy-Back Program Through Normal Cou...
7/4/2008Closes Spin-out of Kivalliq Energy Corporation and Sharehold...
6/27/2008Receives Shareholder and Court approval for spin-out of Kiva...
6/23/2008Proposes Timetable for Closing of Spin-out Transaction and A...
5/9/2008Formalizes Agreement on Angilak Property with Nunavut Tunnga...
4/3/2008Featured in Financial Post Business Magazine
3/20/2008 Completes Warrant Exercise and Provides Corporate Update
3/10/2008Exhibit at the Paul van Eeden Investing in 2008 Conference
2/21/2008 Shareholders to Receive Shares in New Uranium Spin-out call...
1/31/2008Signs 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...
11/15/2007Management Increases Share Position
11/5/2007Reports New Gold-Rich Surface Samples from Its YAT Copper-Ur...
10/3/2007Investment Workshop - Evaluating a Mineral Exploration Compa...
9/17/2007Partners Commence Exploration Programs on Three Separate Gol...
8/22/2007Options Needle Gold Property to TerraX Resource Corp.
7/18/2007Options SY Gold Property to Corsa Capital Ltd. and Signs Exp...
7/5/2007Begins Exploration Programs on Washburn and Yathkyed Project...
5/4/2006to receive up to $5,000,000 of additional geological data se...
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