Additional Information
Market: TSX-V & AIM
Sector: Mining
EPIC: KLG
Latest Price: 0.03  (0,00%)
52-week High: 0.07
52-week Low: 0.02
Market Cap: 5.14M
1 year chart
1 day chart

Kalimantan Gold

Full Kalimantan Gold profile here


Kalimantan Gold Corporation Limited ("KLG") is an AIM and TSX-V listed mining junior, focused on exploring its gold and KSK copper prospects in Kalimantan, Indonesia.

 

Since April 2011 the KSK project has been under an Earn-In with Surya Kencana LLC (SK LLC), a subsidiary of Freeport-McMoRan Exploration Corporation. Following receipt of the necessary forestry permit in March 2012 drilling commenced in May 2012.  In October 2012 SK LLC elected to continue to sole fund all remaining exploration and feasibility study expenditure under the Earn-In Agreement, subject to SK LLC's right to withdraw from the Joint Venture in accordance with the terms of the Agreement.

 

Kalimantan Gold focusing on the copper; looking for partner to develop the gold project

Friday, December 07, 2012

Faldi Ismail, chief executive of Indonesian gold and copper miner Kalimantan Gold, said the company now has the balance sheet to fund a "very extensive drilling programme" to target its copper porphyry deposit. That has attracted the attention of major players, such as Freeport McMoRan, who are looking for "very large style projects".

No investment advice


Proactive Investors North America Inc, trades as "Proactiveinvestors USA & Canada".


You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.


You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.


From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.


You understand that we may be providing advertising and/or marketing services to companies mentioned on the site. A full list of companies that are paying for services from us, or our affiliated companies in the UK and Australia can be viewed here