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Kilo Goldmines
Deal Kilo Goldmines Tax Free* Losses can exceed
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Kilo Goldmines is focused on the Democratic Republic of Congo, where it is drilling several past producing gold mines, with the ultimate aim of developing projects to full production. The management team has a history of success working in Africa and has three joint ventures in a land holding of more than 4,500 sq km. An updated...

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Kilo Goldmines names Stuart Thomson as VP operations

Kilo Goldmines (CVE:KGL) said Tuesday it appointed chemical and materials engineer Stuart Thomson as vice president of

Thomson, who originates from New Zealand, has more than 20 years of experience within the resource sector. His appointment is subject to regulatory approval. 

Under his new role, Thomson will be in charge of studies to support the development of the resource by various project stage-gates to production.

During the course of his career, he has worked in Europe, South America, Australia, Mali, South Africa as well as Zambia.

While in these countries, Thomson worked in an operational, project development and consulting role in the base and precious metals and energy industries.

Before joining Kilo, he held a number of roles ranging from graduate engineer to senior management at Queensland Nickel in Australia, Anglo American in South Africa and major international contractors like AMEC and Fluor Daniel.

In addition, he has an in-depth knowledge of both refractory and non-refractory gold ore bodies along with the technical, environmental and business constraints.

Kilo’s president and chief executive, Alex van Hoeken, said: "His skill set will be drawn upon to implement various technical and business systems and procedures to ensure accountability to the board and to shareholders."

Kilo has over 7,000 square kilometres of Archaean Kabalian greenstone in the Kilo-Moto area in the Democratic Republic of Congo. The company owns a 71.25 percent stake in the DRC entity that holds the Somituri project exploitation permits.

The Somituri project consists of eight exploration licences covering 606 square kilometres of the Ngayu greenstone belt.

Kilo’s shares last traded at 24.5 cents per share Tuesday afternoon on Toronto’s junior venture exchange.

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