- Kiboko Gold (KIB) is starting a 12,450-metre drill program on Globex Royalty property
- The company is involved in the acquisition, exploration, and evaluation of mineral properties with a focus on its Harricana Gold project located in northwestern Quebec
- The drilling starts with two rigs on the Fontana portion of the property
- Kiboko Gold (KIB) is a precious metals exploration company
- Kiboko Gold (KIB) is up, trading at C$0.20 at 4:18 pm ET
Kiboko Gold (KIB) is starting a 12,450-metre drill program on the Globex Royalty property.
The Phase 1 exploration program recommended in the Harricana technical report consists of 12,450 metres of drilling at the Fontana area of the project. The planned program consists of 3,945 m of orientated HQ diamond drilling (18 holes) and 8,505 m of 5.5-inch reverse-circulation drilling (64 holes). The Phase 1 exploration program is fully funded, and the company expects the completion of Phase 1 to happen in the first quarter of 2023.
The exploration targets are based on an in-depth analysis of the previous 79,565m of historical drilling and provide maps to facilitate an understanding of the past drill focus and gold mineralization distribution.
Kiboko Gold (KIB) is a precious metals exploration company involved in the acquisition, exploration, and evaluation of mineral properties with a focus on its Harricana Gold project located in northwestern Quebec.
Kiboko Gold (KIB) is up, trading at C$0.20 at 4:18 pm ET.
