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Kalimantan Gold Corporation Limited ("KLG") is a junior exploration company focused on promising gold, coal and copper prospects in Kalimantan, Indonesia, a country which is both highly prospective and under explored.
In East Kalimantan, the company is undertaking a 4,000 metre drill programme at its 100%-owned Jelai prospect which has the potential to yield a major epithermal gold deposit. The Jelai programme has produced promising drill results to date and the company expects to have an initial inferred resource by the end of 2008.
Also in East Kalimantan, the company has signed an Option Agreement to acquire a 75% stake in five coal concessions, located in what is probably the largest thermal coal producing area in the world. The company is currently carrying out due diligence on the concessions, including 3,000 metres of drilling.
In Central Kalimantan, the company has porphyry copper prospects which it believes have the potential to produce a world-class deposit. A number of companies have expressed interest in reviewing existing data on the project.
KLG funds a foundation, Yayasan Tambuhak Sinta (YTS), which supports a variety of community and social projects close to the exploration areas.
Kalimantan Gold is listed on the AIM market of the London Stock Exchange and on the TSX Vancouver Exchange.
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Sep 01, 2008: Press Releases: Kalimantan's Half-Year 2008 Results (more...)
Aug 20, 2008: Press Releases: Jelai Mineralization Expanding for Kalimantan Gold (more...)
Jul 28, 2008: Press Releases: Kalimantan Gold Update (more...)
Jun 30, 2008: Financial Statements: Half-Year Report (more...)
Jun 13, 2008: Press Releases: Kalimantan Gold completes C$1.1 million private pl... (more...)
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| Symbol |
Last |
C$chg |
Volume |
High |
Low |
| KLG |
0.100 |
even |
|
0.100 |
0.100 |
| Symbol |
Last |
Bid |
Ask |
Pchg |
Volume |
High |
Low |
| KLG |
6.50 |
|
|
even |
1682 |
6.50 |
5.50 |
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