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Kilo Goldmines appoints new president and CEO

Published: 17:11 25 Jul 2011 BST

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Gold explorer Kilo Goldmines (CVE:KGL) announced Monday that it has hired Alex van Hoeken to serve as both president and CEO of the company.

Mr. van Hoeken, whose appointment is subject to regulatory approval, replaces Peter Hooper, who is presently serving as interim CEO. Hoeken is expected to take on his new position as of September 1.

Hooper will remain as an advisor to the company for six months.

Mr. van Hoeken, a Dutch citizen, received a Bachelor of Science in mining engineering from the Colorado School of Mines in 1991.

His early career included positions in the maritime construction industry in Nigeria, Malaysia, Qatar, and several European countries, after which he was involved in the establishment of gold and copper exploration and mining ventures in Indonesia, Mexico, and Oman.

He has been active in the mining industry in various management and consulting positions in the Democratic Republic of Congo (DRC) in the gold, diamond, and copper sectors since 1999.

"We are extremely pleased to welcome Alex as CEO. He brings with him a wealth of experience of working in the Democratic Republic of Congo and his mining and corporate background will be invaluable to taking Kilo forward," said Kilo's chairman, David Netherway.

Kilo has five gold properties totalling over 16,000 square kilometres in the Orientale Province, Democratic Republic of Congo. It also has a joint venture with Rio Tinto on potential iron ore licences in the north-eastern DRC.

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