King's Bay Gold Corporation
King’s Bay Gold Corporation (TSX.V: KBG) is an active mineral resource company, which is engaged in the acquisition of interests in, and the exploration of, mineral resource properties in North West Ontario. The Corporation’s mandate is to acquire, evaluate and bring significant gold and other precious metal properties to the development stage. During the last eleven years, the Corporation has been assembling a portfolio of precious metal exploration prospects most notably in the Red Lake gold camp, the majority of which are located in close proximity of present and past producing mines. Certain of these properties exhibit high-grade gold values, rare earths, rare metals and other industrially useful minerals and metals.The Corporation is unique in the industry in that it owns, and therefore controls for itself, most of the equipment required to carry out the various phases of exploration. Key pieces of this equipment include diamond drill rigs, bulldozers and skidders. Other equipment includes rod sloops, thousands of feet of BQ and NQ drill rods, water heaters for winter drilling, high pressure water pumps and nozzles for outcrop stripping, a fleet of trucks, all terrain vehicles and a shop full of spare parts and tools.
The Corporation’s goal will always be growth. Strengthening the Corporation’s management team and Board of Directors, and by acquiring significantly advanced exploration projects may provide shareholders with an opportunity to increase the value of their investments over the long term.The Corporation’s shorter-term goals are to advance its projects to the feasibility stage, with the intent of becoming a small to medium tier minerals producer. The quality of the Corporation’s projects, an aggressive acquisitions strategy based on acquiring properties near present and past producers, and the proven background of the management team will allow the Corporation to become an emerging leader in the Canadian mining industry.King’s Bay Gold Corporation is a Winnipeg-based company that was incorporated pursuant to the Canada Business Corporations Act (“CBCA”) on March 20th, 1998. The Corporation became a publicly traded entity on the TSX Venture Exchange in April 2002 (TSX.V symbol: KBG). Since then, the Corporation has completed several prospective offerings and private placement offerings with the net capital raised being used to complete the exploration and development programs for the properties where it has land option and joint venture agreements.
Contact Details
Executives
President and CEO
John Archibald
CFO
Ray Prefontaine