KMGM .25
not subpenny but looking very interesting so far:
Authorized Capital: 100 million shares
Issued and Oustanding: 16,619,176
From website kimberlygold.com :
Kimberly stock is tightly-held, with fewer than ten million shares issued and a public float now estimated at roughly one million shares. Over half of the Kimberly shares outstanding are under management control.
Why invest in Kimberly Gold Mines?
POTENTIAL - Far from "grass roots," the Kimberly projects have demonstrated substantial, high-grade mineralization and offer "multi-million ounce" potential.
EXPERIENCE - Kimberly management is technically and financially strong, with decades of combined production, exploration, and corporate experience.
LEVERAGE - The share structure features a low share count and tight public float, offering excellent leverage to discovery, production, and a rising gold market.
Four mining projects in Idaho and Washington
Kimberly Gold Mine
The Company is rehabilitating and exploring this former Idaho producer in pursuit of establishing mineral reserves and renewing gold production.
Wenatchee Gold Belt
The Matthews and Compton properties are on trend with past producing mines, have returned high-grade gold assays over long intercepts, and have the potential to host multi-million ounce deposits.
Empire Creek Project
Empire Creek has the potential to host a substantial gold deposit similar to others in northeast Washington, including the geologically-similar Overlook and Buckhorn deposits.
Rescue Mine
The Rescue Vein is an east-west striking, moderately to steeply south-dipping quartz vein hosted in granodiorite. Rescue?s known gold mineralization is contained in three separate ore-shoots (all open at depth), and consists of free gold and gold associated with sulfides.
Press Releases
September 1, 2005
Kimberly Gold Mines, Inc. announces drill results on Compton property in Wenatchee Gold Belt
March 7, 2005
Kimberly Gold Mines Signs Letter Of Intent With To Lease 'Lady of the Lake' property in Montana
February 21, 2005
Kimberly Gold Mines Signs Letter Of Intent With International Arimex
February 16, 2005
Kimberly Gold Mines Retains Independent Consultant to Prepare "43-101" Report On Wenatchee and Central Idaho Properties
October 25, 2004
Kimberly Gold Mines expands land position; Reports progress at Rescue Mine
October 6, 2004
Kimberly Gold Mines reports successful metallurgical tests on Rescue Mine ores
August 24, 2004
Kimberly Gold takes initial steps in renewing production at Rescue Gold Mine, Idaho
July 20, 2004
Kimberly Gold Mines Purchases Rescue Mine and Mill
March 31, 2004
Drill Plans at Compton Announced
March 17, 2004
Drill Results from Empire Creek
With the low float this could move with the price of gold and any news coming out
GLTA
Steve |
