Surface drilling program will test four anomalies with characteristics similar to Golden Wonder bonanza-grade ore shoot LAKE CITY, Colo., Dec. 15, 2016 /PRNewswire/ -- LKA Gold Inc. (OTCQB: LKAI) A Kinross Gold USA sponsored and directed surface drilling program is under way at the first of four permitted sites located on LKA mining claims very near the Company's Golden Wonder mine. The drilling program, which began in [...]
LAKE CITY, Colo., Sept. 21, 2016 /PRNewswire/ -- LKA Gold Inc. (OTCQB: LKAI) reports that Kinross has added a fourth drill site to the planned surface-drilling program on LKA claims located near the Company's Golden Wonder mine. LKA was also informed that Kinross delayed the drilling schedule, originally planned for early summer 2016, to comply with a requirement from the Bureau of Land Management ("BLM") for an [...]
A surface drilling program is expected to test three recently discovered anomalies with geochemistry strikingly similar to bonanza-grade ore shoot. LAKE CITY, Colo., May 2, 2016 /PRNewswire/ -- LKA Gold Incorporated (OTCQB:LKAI) A surface drilling program planned for early summer, 2016, is expected to test three recently discovered surface anomalies (previously announced) identified by Kinross geologists in the third [...]
Kinross identifies several surface targets with similar geologic characteristics to Golden Wonder mine. GIG HARBOR, Wash., Feb. 11, 2016 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) As previously announced, throughout the summer and fall of 2015, Kinross Gold USA conducted a detailed evaluation of surface geology surrounding LKA's Golden Wonder mine. A report detailing Kinross' findings, recently provided to LKA [...]
GIG HARBOR, Wash., Nov. 17, 2015 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) reports that it made a small shipment of 35.2 dry weight tons of crushed vein material to Klondex's Midas mill during the third quarter. The grade of the shipment was 2.01 ounces (62.5 grams) gold per ton. Year-to-date shipments made to Klondex were 118.3 tons at an average grade of 1.95 ounces (60.6 grams) gold per ton. Shift in [...]
GIG HARBOR, Wash., Oct. 9, 2015 /PRNewswire/ -- LKA Gold Incorporated (OTCQB:LKAI) reports that it recently finalized a private placement of 7.5% convertible notes (the "Notes") with certain members of the Koski family. The Notes carry an interest rate of 7.5% per annum with a 3-year term and are convertible, at any time by the Note holder, into LKA common stock at the rate of $.50 per share. Assuming the Notes are [...]
CBS MarketWatch co-founder and editor of "The Calandra Report" reports observations and opinions after on-site visit at LKA's Golden Wonder mine. GIG HARBOR, Wash., Aug. 4, 2015 /PRNewswire/ --LKA Gold Incorporated (OTCQB: LKAI) announces that in a recent report to subscribers, Thom Calandra shares observations and opinions regarding LKA Gold and the Company's high-grade gold project located near Lake City, CO. In his [...]
LKA Gold announces that it recently executed an "Exploration Agreement & Option" with Kinross Gold U.S.A., Inc. for the purpose of expanding its Golden Wonder Mine exploration beyond LKA's active workings. The Agreement, amongst its other provisions, grants Kinross a five-year exclusive right to explore, and if successful, develop any mineral resource(s) containing 50,000 or more ounces of gold on LKA's properties above [...]
LKA Gold Incorporated (OTCQB: LKAI) Golden Wonder project geologist, Rauno Perttu recently completed a progress report detailing the results of the ongoing underground drilling program at the Company's Golden Wonder mine located near Lake City, CO.
In selected excerpts from his report, dated March 3, 2015, Mr. Perttu states: "The first stage is primarily focused on providing "close-in" targets for immediate exploratory [...]
LKA Gold announced that gold contained in shipments of high-grade vein material from exploratory operations at the Company's Golden Wonder mine increased to 923 ounces during 2014. This was up 92.6 ounces over 2013 deliveries. The grade of the 2014 shipments, measured in troy ounces (grams) per ton, increased 86% to 2.1 ounces (65.3 grams) gold per ton vs. 1.13 ounces (35.1 grams) in the prior year. According to LKA [...]
LKA announces initial results of its underground drill program at the Company's Golden Wonder mine located near Lake City, Colorado. The drilling program, initiated in late November, 2014, is designed to test potential, close-in, high-grade, targets adjacent to the current exploration areas as well as probe for extensions of the Golden Wonder vein structure(s) several hundred feet beyond the current working area.
LKA Gold Incorporated reports that it will announce the initial results of the current underground drilling program being conducted at the Company's Golden Wonder mine next Tuesday, January 20, 2015.