Kilo Somituri Project Overview

Somituri Project Overview

Description and Ownership

The mineral rights for the Somituri Project is held under 8 separate Permis d'Exploitation (PE's or Exploitation Licences), covering 641.51 square kilometres, granted to SOMITURI sprl on February 23, 2009 and valid until February 22, 2039.

Kilo's Somituri Concessions

The Exploitation Licences granted to SOMITURI sprl and assigned to KGL SOMITURI sprl, a company incorporated under the laws of the Democratic Republic of Congo. SOMITURI sprl and Kilo Goldmines Inc., ("Kilo") a wholly owned subsidiary of Kilo Goldmines Ltd, jointly formed KGL SOMITURI sprl which is held 71.25% by KILO, 23.75% by SOMITURI sprl and 5% by the STATE. Kilo is obliged to fund KGL SOMITURI sprl through to production; funds to be recovered from proceeds of production.

The property is located in the Territories of Mambasa, and Wamba in the Districts of Ituri and Haut-Uele of Oriental Province in the northeastern part of the Democratic Republic of Congo. The Village of Nia nia is located about 30 kilometres south and Kisangani (the Capital of Oriental Province) is about 350 kilometres to the southwest. The Ugandan border is about 400 kilometres to the east.

Access

Bunia and Beni, DRC are accessible several days per week via regularly scheduled commercial flights from Entebbe, Uganda. Entebbe is directly linked to South Africa, Europe, the United Kingdom and Asia via regularly scheduled commercial carriers. Entebbe is also linked to other African countries as well as Kinshasa, Lubumbashi and Kisangani via Nairobi, Kenya. In addition, Entebbe is linked to the DRC border points of Mahagi and Kasindi by paved highway from the deep sea port of Mambasa, Kenya.

Nia nia, the closest town to the current project site, is accessible by charter aircraft from Beni, Bunia or Kisangani, DRC. Kilo owns and maintains a 1,200 metre long grass covered laterite base air-strip in Nia nia. The airstrip was rehabilitated by Kilo in December of 2009 and it can accommodate propeller driven aircraft including medium sized cargo planes. The Adumbi Deposit (PE 9691) is accessible by an all weather road northerly from Nia nia; a 14km section of this road was rehabilitated in February of 2011.

History

During 1920's to 1958 gold was exploited from former producing colonial mines (Adumbi, Bagbaie, Manzako, Kitenge and Maipinji sites) on PE 9691. During this period about 300,000 ounces of gold was recovered from alluvial and in-situ primary sources*. Gold mining was also carried out during the early 1900's from alluvial and in-situ primary sources on PE 9692. In addition primary gold was exploited from the Yindi deposit adjacent to PE 9695.


Additional information about the Somituri Project:

| Overview | Geology | Development to Date | Exploration Plan |


* Data obtained from the Royal Museum for Central Africa ("RMCA") Tervuren, Belgium, by RMCA (2007) under contract to Kilo. Non 43-101 compliant.