"It's not about the number of tons you mine. It's about the number of dollars you keep."
Recent News Presidents's Email Updates
July Issue - "LKA-Kinross Exploration Deal" July 13, 2015
LKA Gold and Kinross Gold USA Sign Exploration & Option Agreement March 9, 2015
LKA Reports Drilling Progress. Initial vein intercepts average 10.86 Oz Gold Per Ton February 6, 2015
LKA Reports 11% Increase in 2014 Ounces Delivered & 86% Increase in Grade January 20, 2015 LKA Releases Initial Drilling Results
High Gold Grades Encountered December 3, 2014
LKA and Klondex Mines Enter Into Toll Milling Agreement November 25, 2014
LKA Commences Underground Drill Program Following High Resolution Mapping October 1, 2014
LKA Initiates High Resolution Mapping At Golden Wonder Mine August 11, 2014
LKA Completes $1.8 Million Financing & Stock Repurchase Arrangement With Koski Family Limited Partnership July 17, 2014
Grades Rise 112% While Ounces Mined Increases 57% Over Year-Ago Period April 17, 2014
Ore Grades Spike in North Raise Area of Golden Wonder Mine April 4, 2014
LKA Reports Higher Grades on Q-1 Ore Shipments March 14, 2014
CBS MarketWatch Co-Founder, Thom Calandra Begins Acquiring LKA Shares March 4, 2014
North Raise Vein Assays Over 10.4 oz. Gold Per Ton - Crushed Ore Over 3 oz. Per Ton February 21, 2014
Recent Exploration Results in North Raise of Golden Wonder Mine January 15,2014
Substantial Fluctuation in 4th Quater Ore Grade December 16, 2013
LKA Reports Golden Wonder Surface Findings November 13, 2013
Gold Deliveries Up 43% Over Previous Quarter. October 15, 2013 LKA Reports Average Ore Grades in North Raise Area Continue to Exceed 3 oz. Au per ton. August 29, 2013
LKA Appoints New CFO August 27, 2013
LKA Discusses Second Quarter Gold Shipments & New High-Grade Zone Discovery June 8, 2013
Ute Ulay Removal Action - General Site Overview - YouTube May 21, 2013
Exploratory Ore Shipments Up 90% over Year-Ago Period April 10, 2013
Golden Wonder 2012 Exploration Profit
Up 147% April 1, 2013
Golden Wonder May Contain Multiple High-Grade Ore Bodies March 19, 2013
LKA to Add Two Independent Directors to Board of Directors
March 15, 2013
LKA Announces Name Change to "LKA Gold Incorporated" March 12, 2013
Golden Wonder Ore Grades Increase to 1.55 Per Ounce Per Ton in 2012
LKA acquires and develops properties in politically stable jurisdictionscapable of yielding high profit margins even during volatile economic conditions. The Company looks for projects in advanced stages of exploration that can generate a cash flow within a relatively short period of time.
We've produced far more ounces than tons. The Company's Golden Wonder mine has a production history of 140,039 ounces of gold at an astonishing average ore grade of 12.06 ounces (358 grams) gold per ton and an average production cost of less than $150 per ounce,LKA has proven that, with the right properties and management team, enormous capital investment and muti-decades of development are not necessarily required to achieve profitable gold production. Underground Drilling - January, 2015 Golden Wonder Mine Exploration at LKA's Golden Wonder mine continues to yield exceptional gold grades and project profitability as the Company attempts to re-establish high-grade reserves and return to commercial production. LKA believes its exploration strategy is highly effective in minimizing investor risk while providing an unparalleled opportunity.(What expert geologists have to say)
Company Milestones: Q-3 2015 - LKA and Kinross Gold USA sign exploration & option agreement.
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 (156 grams) per ton. Q-1 2013 - Golden Wonder exploration shipments up 90% over
year-ago period. Q-1 2013 - Completes 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. Up 147% Q-4 2012 - 2012 Gold sales from exploration up 100% over previous year.
Q-3 2012- Net gold sales from exploration program hit $3.2 million. Q-3 2012 - Converts $1.5 million of debt to equity. All long-term financial
Q-2 2012-Gold sales increase 337% over year-ago period as LKA records its second profitable quarter since exploration program began.
Q-1 2012- First quarter deliveries of enchriched vein material (bulk samples from exploration) up183% over year-ago period. Grade continues to rise (2.48 oz. per ton) as sales continue to cover expense of Golden Wonder exploration program.
Q-4 2011 - Gold sales from exploration exceed $1.27 million for the year and produce a profit at the "project level" for 2011. Q-4 2011 - Signs agreement Premier Gold Mines (PG:TSX) to expand Golden Wonder exploration across a much wider area beyond the current workings.Issuer Presentation-September 2014 Q-3 2011 - Gold sales from exploration result in first profitable quarter. Q-1 2010 - A bulk sample of 128.6 tons shipped to the Echo Bay-Kinross
milling facility in Republic, WA. The average grade was 2.04 ounces ( 57.83 grams) gold per ton.
Q-3 2009 - Establishes the existence of high-grade gold bearing structures 100' beyond previous production zone.
Over forty vein samples in this area yielded average assays of 16.92 ounces gold per ton. Q-2 2009 - First bulk ore sample of 88 dry weight tons shipped to Teck-Cominco's smelter in Trail, B.C.
This first bulk sample averaged 3.85 ounces (109 grams) per ton.
Golden Wonder Ore ShipmentsLKA Insider Transactions