Kilo Goldmines (TSX: V.KGL, Stock Forum) Friday reported results from 11 diamond drill holes, totaling 2,714.14 metres, on the Kitenge prospect from its Somituri Project in the Democratic Republic of Congo, which included 5.80 metres grading 42.24 grams per tonne (g/t) gold, this according to a company news release.
The company added that the gold zone was confirmed over an open-ended 1500 metres.
"The gold intersections in the 2012 drill holes confirm the Kitenge Prospect consists of a strike-continuous gold bearing structure hosting high grade gold values and infill drilling should result in delineating additional resources. The results show that in addition to the main shear zone (KSZ), which is our primary target, there is additional mineralization in the hanging wall and footwall, which could give more mineralized zones than anticipated," said Kilo Goldmines President and CEO Alex van Hoeken.