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KAMINAK GOLD CORPORATION V.KAM

"Kaminak Gold Corp was incorporated on July 4, 2005 under the Business Corporations Act (British Columbia). The Company is an exploration stage company. It focuses on the acquisition, exploration and development of economic gold and other precious and base metal properties. The projects of the Company include Michigan Potash Project, Michigan. The Company is interested in exploration properties in Canada and the United States."


TSXV:KAM - Post by User

Post by rocketman4on Apr 21, 2016 8:47am
229 Views
Post# 24792858

KAM trading near 52 week High

KAM trading near 52 week High
MEK also has an excellent Silve/Gold discovery in the Yukon. only 3 holes drilled and they all hit.
https://www.metalscreek.com/upload/documents/yukon-gold-2014.pdf

In July of 2011, the company initiated an exploration program consisting of prospecting and soil sampling resulting in the discovery of a prospective soil anomaly on its Squid East property including strong pathfinder elements typical for the white gold district. 2012 saw additional infill soil sampling resulting in the identification of a strong gold and pathfinder soil anomaly. With a promising strong soil anomaly, the Corporation initiated in 2013 a trenching program resulting in the discovery of the exploits zone with assays including 1.96 g/t Au, 160 g/t Ag and 0.35% Pb over 22m resulting in a brand new discovery. A 400m drill program was initiated shortly after the trenching program resulting in a down hole intercept of 1.55 g/t Au and 114 g/t Ag over 21.0m. This new zone of mineralization is completely open both along strike and at depth. MEK has recently conducted some preliminary bottle roll testing to evaluate the leaching characteristics of the weathered gold bearing material. 92% Gold and 81.75% Silver recovery was achieved exhibiting the potential for the weathered gold bearing material to potentially be processed through heap leaching.

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