Harricana River

Kiboko Drills 4.2 g/t Au Over 5 m at its Harricana Gold Project

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måndag, juli 10, 2023
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Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the “Company”) today reported results from the remaining 25 holes (4,846 metres (“m”)) of its systematic 70-hole (11,269 m) Phase 1 verification exploration program at its Harricana Gold Project, located 55 kilometres (“km”) north of Val-d’Or, Québec.

Key Points: 
  • Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the “Company”) today reported results from the remaining 25 holes (4,846 metres (“m”)) of its systematic 70-hole (11,269 m) Phase 1 verification exploration program at its Harricana Gold Project, located 55 kilometres (“km”) north of Val-d’Or, Québec.
  • Jeremy Link, President and Chief Executive Officer, stated, "Our drilling at Harricana continues to intersect significant intervals of mineralization, including visible gold.
  • Although our drilling in the structurally complex Hooper-Bunkhouse zone intersected significant gold mineralization, including visible gold, it did not always replicate the historical intervals.
  • In Kiboko’s Phase 1 program, 25 holes (4,846 m) were drilled at the HB and Lot 14 zones of the Fontana area of the Harricana Gold Project, which are identified in Figure 1.

Kiboko Gold Drills Multiple High-grade Intervals Including 8.7 g/t Au Over 9 m and 23.9 g/t Au Over 3 m at its Harricana Gold Project

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torsdag, januari 26, 2023
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As shown in figures 1 and 2, the Harricana Project (the “Project” or “Harricana Project”) is located 55 kilometres north of Val-d’Or, Québec, in the world-renowned Abitibi gold belt.

Key Points: 
  • As shown in figures 1 and 2, the Harricana Project (the “Project” or “Harricana Project”) is located 55 kilometres north of Val-d’Or, Québec, in the world-renowned Abitibi gold belt.
  • To date, 2 holes (totalling 540 m of drilling) have been completed as part of the Company’s ongoing 12-hole / 2,800 m winter diamond drilling program.
  • In addition to intercepting several exciting high-grade intervals, many lower grade intervals were intersected in this first batch of assay results.
  • Further investigation is necessary, including the study of gold grain size distribution, gold content, and representative sub-sample sizes for assaying is necessary.

Kiboko Starts 12,450 Metre Drill Program on Globex Royalty Property

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tisdag, september 20, 2022
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Globex maintains a 2% Net Smelter Royalty on the Fontana area.

Key Points: 
  • Globex maintains a 2% Net Smelter Royalty on the Fontana area.
  • The planned program, which is subject to modification, consists of 3,945 m of orientated HQ diamond drilling (18 holes) and 8,505 m of 5.5-inch reverse-circulation (RC) drilling (64 holes).
  • The Phase 1 exploration program is fully funded and is expected to be completed in the first quarter of 2023.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Kiboko Gold Closes Upsized $6.0 million Initial Public Offering, Including Full Exercise of Over-Allotment Option, and Announces Listing on the TSX Venture Exchange Under the Symbol KIB

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onsdag, juni 29, 2022
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Kiboko Gold Inc. (TSX-V: KIB) (Kiboko or the Company) is pleased to announce that it has completed its upsized initial public offering (the Offering) and listing on the TSX Venture Exchange (TSX-V).

Key Points: 
  • Kiboko Gold Inc. (TSX-V: KIB) (Kiboko or the Company) is pleased to announce that it has completed its upsized initial public offering (the Offering) and listing on the TSX Venture Exchange (TSX-V).
  • Kibokos common shares are expected to commence trading on TSX-V on July 5, 2022, under the symbol KIB.
  • Each FT Unit is comprised of one Share and one common share purchase warrant (each whole such warrant, a FT Unit Warrant).
  • 13,462,001 of the Shares held by Insiders are subject to a three-year National Policy 46-201 Escrow for Initial Public Offerings (NP 46-201) escrow arrangement.