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Additional Information
Market: TSX
Sector: Gold Mining
EPIC: K
Latest Price: 11.09  (-0.45% Descending)
52-week High: 18.01
52-week Low: 10.17
Market Cap: 12,608.80M
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Kinross Gold
www.kinross.com

Kinross Gold Corporation was established in 1993 and has since grown to become the third largest primary gold producer in North America by reserves.  Based in Canada, with nine mines in stable countries including the United States, Brazil, Chile and Russia, Kinross employs more than 5,000 people worldwide

Full Kinross Gold profile here
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Canadian Shield and Kinross to team up for exploration in Peru

23rd Jun 2009, 2:45 pm
Canadian Shield and Kinross to team up for exploration in Peru

Canadian Shield Resources Ltd (TSX-V: EXP) said it has signed a letter of intent with Kinross Gold Corp (TSX: K; NYSE: KGC) to form an exploration alliance for Peru.

Kinross will fund US$500,000 in the generative program over a 12 month period and Canadian Shield will be the initial operator of the exploration programs.

Canadian Shield will provide local expertise and exclusive access to a proprietary database built by Gallant Minerals Peru Ltd SA, a private exploration company Canadian Shield acquired 90 percent of in 2004. The digitized database comprises a comprehensive compilation of both public and confidential information, and includes dozens of identified targets, many of which have yet to be field checked.

Canadian Shield and Kinross may form a joint venture in respect of any exploration project identified under the alliance and subsequently staked, optioned or acquired.  Each JV will be initially owned 50 percent by Kinross and 50 percent by Canadian Shield. Kinross will have the option to earn an additional 25 percent participating interest in a project by spending a pre-determined amount over a two year period.

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