Kilo Goldmines has been in the DRC since 2009. Its licences cover 2,417km², including greenstone belts where gold mines have recently begun operating. The lacklustre stock performance results from drilling at the flagship Somituri Project which didn’t quite match expectations. Further drilling, new joint venture deals and the acquisition of additional projects could re-energise the company.
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Kilo Goldmines
Kilo Goldmines has been in the DRC since 2009. Its licences cover 2,417km², including greenstone belts where gold mines have recently begun operating. The lacklustre stock performance results from drilling at the flagship Somituri Project which didn’t quite match expectations. Further drilling, new joint venture deals and the acquisition of additional projects could re-energise the company.