Kaminak Gold Corporation

Kaminak Gold Corporation is advancing the 100% owned Coffee Gold Project, a multi-million ounce, high-grade oxide gold district that is amendable to heap leaching and located in the Yukon Territory, Canada.

Free
Kaminak Gold Profile

Kaminak Gold Corporation, TSX.V : KAM, is an opportunity focused prospect generator.

Kaminak's technical strength and entrepreneurial drive is complemented by a proven, successful business model designed to create shareholder value.

Kaminak's business model employs a joint venture strategy that exposes Kaminak shareholders to multiple opportunities for discovery. Kaminak projects offer world-class exploration potential and present exposure to strategic commodities with an emphasis on gold.

OBJECTIVE: Expose our shareholders to multiple opportunities for discovery while minimizing exploration risk!

Early-stage projects have the potential to expose our shareholders to the “Discovery Stage” – the most profitable stage of exploration and mining for an investor.

  • Kaminak is opportunity driven. We generate projects that create shareholder value, and we are not restricted by commodity type or provincial region.
  • Low cost (in-house) project generation

PART II: Joint Venture Philosophy

  • Form strategic partnerships to advance the project
  • Project partner spends their money to advance the project in order to earn an interest in the project
  • Advantages of the Joint Venture Philosophy
    • Allows Kaminak to generate and advance multiple projects
    • More opportunities for discovery
    • Minimizes exploration risk
    • Preserves Kaminak’s capital and corporate structure

THE BUSINESS MODEL IN ACTION

Uranium Spin-out Complete

  • Created and designed a new uranium spin-out company, Kivalliq Energy Corporation (KIV: TSX-V) to reward the Kaminak shareholder by giving them Kivalliq shares at no additional cost.
  • A landmark partnership between Kaminak and the Inuit of Nunavut resulted in Kaminak being awarded the right to explore and advance the historic, high-grade, near surface Lac Cinquante Uranium Deposit which is reported to contain 11.6 million pounds of uranium oxide (non compliant with National Instrument 43-101)** with an average grade of 1.03% U3O8. This asset and Kaminak’s other uranium assets were spun-out into a new, uranium exploration and development company called Kivalliq Energy Corporation. Kaminak and now Kivalliq, is the first company in Canada to sign a comprehensive agreement to explore on Inuit lands for uranium.
  • Kaminak owns and controls 3,646,753 common shares of Kivalliq, representing approximately 12.6% of the issued common shares of Kivalliq.

Effectively leveraged Kaminak’s technical talent and money to create multiple discovery opportunities

  • 9 Joint Ventures
  • 8 Strategic Project Acquisitions

Preserved Corporate Structure

  • $6.6 million in working capital
  • Last financing was in March 2006
  • Monthly burn rate approx. $75,000
  • No outstanding warrants

The Discovery Group is an alliance of seven companies led by some of the brightest minds in the mineral exploration industry.

http://discoveryexp.com/

Last changed at 09-Oct-2015 03:02PM by Moneytospend