Kilo Goldmines Ltd.
TSX VENTURE : KGL
FRANKFURT : 02K

Kilo Goldmines Ltd.

October 19, 2010 10:58 ET

Kilo Drilling Intersects 83.70 Metres Grading 2.01 g/t Gold on the Adumbi Prospect, Somituri Project, DRC

TORONTO, ONTARIO--(Marketwire - Oct. 19, 2010) - Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) is pleased to announce results of the fifth diamond drill hole on the Company's Somituri Project in north-eastern Democratic Republic of Congo ("DRC"). 

Somituri - Adumbi Mine Drilling

Diamond drill-hole SADD0005 was collared 125 metres northwest of the previously announced diamond drill-hole SADD0003 (see June 2, 2010 press release) on the colonial era past producing Adumbi gold mine and intersected the interpreted down-dip extension of the main zone quartz vein approximately 70 metres below the historical workings. The gold intersections in drill hole SADD0005 are summarized below and they are illustrated on Figure 1 (http://www.kilogold.net/pr19oct2010/). 

Diamond drill hole SADD0005, Azimuth 040 degrees, Length 349.70 metres
         
Zone From (m) To (m) Interval (m) Gold g/t
         
Foot Wall Zone & Main 116.30 200.00 83.70 2.01
  includes 116.30 162.50 46.20 2.72
         
Hanging Wall Zones 206.70 219.70 13.00 0.36
  234.20 238.10 3.90 0.49
  245.20 253.00 7.80 2.11

"This hole clearly demonstrates both the strike continuity and significantly consistent widths of the Adumbi BIF that hosts the high grade Adumbi quartz vein" stated Peter Hooper, Executive Chairman. "With our completed holes now covering a total strike distance of over 2 km, Adumbi is rapidly achieving our stated goal of outlining a bulk mineable target."

As previously reported (see July 9, 2010 press release) the main zone quartz vein, hosting pyrite, pyrrhotite and locally arsenopyrite occurs within chemical metasedimentary rocks characterized by siliceous, magnetite and sulphide facies iron formation ("BIF"). Pyrite, pyrrhotite and locally arsenopyrite occur throughout the chemical metasedimentary rocks. Flanking the BIF unit on the southwestern side is tuffaceous metasediments or greywacke and on the northeastern side are tuffaceous metasedimentary rocks. The names of lithological units are based on field interpretations unverified with petrographic studies.

Diamond drill hole SADD0005 was collared 125 metres northwest of drill hole SADD0003 on a magnetic azimuth of 040 degrees and at an inclination of -50 degrees and completed to a depth of 349.70 metres. The true thicknesses of the gold bearing intervals are estimated at approximately 70 percent of the drill hole intersection intervals. A 0.30 g/t gold cut-off was used to calculate the intersections.

The location of all the holes drilled to date on the Adumbi prospect, together with the previously reported gold intersections and the drill hole reported on herein are illustrated on Figure 2 (http://www.kilogold.net/pr19oct2010/). Drilling in progress is focused on establishing an inferred resource.

About the Somituri Project

Records from the colonial era, unverified by the Company, indicate that during the 1940s until its closure in 1958 the Adumbi gold mine produced about 200,000 ounces of gold from quartz vein ore that averaged 11 g/t gold. 

Five drill holes have been completed on the past producing Kitenge gold mine and three holes have been completed on the former Manzako gold mine. According to historical records, unverified by the Company, the Kitenge and Manzako mines produced about 100,000 ounces of gold prior to about 1942. In addition, one drill hole has been completed on a separate target and trenching and deep soil sampling is being carried out.

Diamond drilling is in progress with two rigs and the Company intends to complete sufficient exploration prior to year-end 2010 for a party independent of the Company to prepare an NI 43-101 compliant inferred resource calculation.

QC and Analytical Procedures

Quality control of analytical results is monitored by the company with the insertion of commercial standards and blanks in every batch of samples submitted for analysis. For additional details the reader is referred to Kilo's previously announced (see May 4, 2010 press release) quality control and analytical procedures.

About Kilo

Kilo Goldmines Ltd. is a Canadian gold exploration company that is listed on the TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under the symbol '02K'. The Company has over 16,000 square kilometres of favourable Archaean Kabalian greenstone in the Kilo-Moto area in the Democratic Republic of the Congo. Kilo's principal focus is to advance its projects from exploration through feasibility to project development and ultimately to full production in a socially and environmentally responsible manner. The Company owns a 71.25% interest in the DRC entity that holds the Somituri Project Exploitation Permits.

Qualified Person

The drilling program disclosed in this press release was planned and supervised by the Company's geological consultant Stanley Robinson. Stanley Robinson, M.Sc., P.Geo is also the 'qualified person' (as that term is defined under National Instrument 43-101) of the Company who has reviewed the scientific and technical information contained in this release.

Figure 1, illustrating Diamond Drill Hole SADD0005 on the Adumbi mine, as well as the Adumbi mine, and Figure 2 is a map illustrating the locations of the Adumbi prospect drill holes and gold intersections can be viewed at: http://www.kilogold.net/pr19oct2010/.

This news release may contain forward looking statements concerning future operations of Kilo Goldmines Ltd. All forward looking statements concerning the Company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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