Azumah Resources

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Company Information for Kinbauri Gold Corp

Company stock charts - 6 Month chart

Exchange TSX.V; KNB


View full financial data

Company Statement

Kinbauri is a TSXV – Tier 1 Mineral Exploration Company focused on the development of mineral properties, primarily precious metal prospects in northwestern Spain, Nevada and Canada.  Its immediate focus is to expand and upgrade resources to reserves at the El Valle property in Asturias, Spain in order to start operations at the mine and existing mill complex there in 2010 at which time it will become the biggest gold producer in Western Europe.


Current Operations

Gold/Copper Resources in Northern Spain
• M.I.&I: 2.2 Million ounces of Gold: 157 Million pounds of Copper
• Target Production Of 145,000 ounces Gold Eq (125,000 Ounces Gold) per year

Infrastructure at El Valle and Carles Mines
• 2000 tons per day mill and tailings pond
• Modern assay laboratory and related facilities
• 6.5 Km undeground workings for easy access to targeted zones
• Estimated replacement value $100m
                                          
Development Plans
• 2008: 23,000 Metre infill drill program: Feasability Study by November
• 2009 Pre-Production development: 2010 Full Production

Diversified North American Properties
• Gold at Kirkland Lake, Ontario: Gold at Aztec and Kyla, Nevada
• Platinum/Palladium and Diamonds in Quebec
• Strategy: Joint Venture Development

Experienced Management
• Kinbauri Gold Corp. (Canada): Kinbauri Espana S.L.  (Spain)


Geographical Spread

Rio Narcea Gold Belt, Northwestern Spain



Diversified North American Properties

• Gold at Kirkland Lake, Ontario

• Gold at Aztec and Kyla, Nevada

• Platinum/palladium and diamonds in Quebec


Board of Directors and Key Management

KINBAURI GOLD CORP OFFICERS
Vern Rampton (Director), President and CEO
Christopher Gleeson, (Director) Vice -President
Chris Irwin, Secretary
Simon Britt, CFO

KINBAURI GOLD CORP INDEPENDANT DIRECTORS
Marc Henderson, Director
Brian McEwen, Director
Marilyn Bloovol, Director
Claude Britt, Director
Bryan Nethery, Director

Company Address

110 Westhunt Drive
PO Box 158
Carp, Ontario, Canada K0A 1L0

Telephone:+1 613-836-2594
Email:dmunro[at]kinbauri-gold.com
Website:http://www.kinbauri-gold.com

Additional Address/Key Contact

Investor relations:
Darrell Munro
Tel:  +1 613-836-0198 

Capital

49.6 M shares outstanding as of July, 2008

Annual General Meeting

November 28, 2007 Toronto

Year End

May 31

Nominated Brokers

M Partners
Toronto, Ontario

Major Shareholders

Insiders 9%
Institutions 45%
as of July 29, 2008

Related News

12/05/09 - Kinbauri Gold Rejects Orvana’s Hostile Cash Offer As Too Low, But The Company May Now Be In Play
19/02/09 - The Timing Is Right For Kinbauri Gold To Cash In On Its Investment In Spanish Gold
18/12/08 - Kinbauri Gold Picks Up The Pieces In Spain
11/08/08 - Kinbauri Is Right On Course To Become Western Europe’s Largest Gold Producer

Most Recent Statement

30/06/09 - Kinbauri Gold Provides Update On Court Hearing
26/06/09 - Kinbauri Gold Provides Update on Review of Strategic Alternatives
11/06/09 - Kinbauri Gold Provides Update on Glen Eagle Transaction
09/06/09 - Kinbauri Gold Corp. Strongly Recommends that Shareholders Reject Orvana's Offer
08/06/09 - Kinbauri Gold Corp.: Update on Glen Eagle Transaction and Legal Action
04/06/09 - Glen Eagle Resources Inc.: Update on Kinbauri Transaction

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