The Amazing Story of LKA's Golden Wonder Mine
Join the Quest for the Next Bonza-Grade Gold Deposit
LKA Gold Incorporated is a premier junior gold producer and exploration company with it's main project, the Golden Wonder Mine, located in southwestern ...
Exceptional Record of Gold Production
Here is the LKA Production Record of all ore shipments made during both the Exploration Mining and the Commercial Production phases of Golden Wonder ...
A Journey of Amazing Discovery
The story of LKA Gold is one of persistence and unparalleled commitment....
Exploration Milestones
Exploratory mining funded the majority of LKA's exploration program to date.
Q-3 2017: Kinross drilling encounters most of same characteristics found in initial high-grade discovery.
Q-1 2017 Early Kinross drilling confirms extension of Golden Wonder structure 500′ beyond initial discovery
Q-4 2016 Kinross commences drilling on four permitted sites.
Q-3 2016: Kinross adds another site to the 2016 drilling program.
Q-2 2016: Kinross Gold locates six new potential high-grade zones adjacent to the Golden Wonder mine.
Q-2 2015: LKA and Kinross Gold USA sign exploration & option agreements.
Q-3 2014: Completes $1.8 million in equity financing to expand exploration program and repurchase 3.5 million shares.
Q-2 2014: Golden Wonder gold grades exceed anything seen thus far in current exploration program, 5.5 oz (171 grams) per ton.
Q-1 2013: Golden Wonder exploration shipments are up 90% over year-ago period.
Q-1 2013: Completed donation of historic Ute-Ulay mill & townsite to Hinsdale County.
Q-1 2013: Completes restructuring, name change & elimination of all long-term debt.
Q-4 2012: Second consecutive year of exploration profit (project level). Up 147%
Q-4 2012: Gold sales from exploration were up 100% over the previous year.
Q-3 2012: Net gold sales from the exploration program hit $3.2 million.
Q-3 2012: LKA reaches agreement with all Company note holders to convert $1.5 million in debt to equity. All long-term financial obligations extinguished.
Q-2 2012: Gold ore sales increase 337% over year-ago period as LKA records its second profitable quarter since exploration program began. Only profitable gold exploration company in mining sector.
Q-1 2012: First quarter ore deliveries (bulk samples from exploration) were up 183% over year-ago period. grade continues to rise (2.48 oz. per ton) as ore sales continue to cover expense of Golden Wonder exploration program.
Q-4 2011: Gold values from exploration exceed $1.27 million for the year and produce a profit at the "project level" for 2011.
Q-4 2011: LKA and Premier Gold Mines (PG:TSX) sign an agreement to expand Golden Wonder exploration across a much wider area beyond the current workings.
Q-3 2011: Gold ore sales from exploration resulted in the company's first profitable quarter.
Q-1 2010: A bulk sample of 128.6 tons was shipped to the Echo Bay-Kinross milling facility in Republic, WA. The average ore grade was 2.04 ounces ( 57.83 grams) of gold per ton.
Q-3 2009: LKA establishes the existence of high-grade gold-bearing structures 100' beyond the previous production zone. Over forty vein samples in this area yielded average assays of 16.92 ounces of gold per ton.
Q-2 2009: LKA's first bulk ore sample of 88 dry weight tons was shipped to Teck-Cominco's smelter in Trail, B.C.
This first bulk sample averaged 3.85 ounces (109 grams) per ton.