Mr. Alex Van Hoeken reports

Kilo Goldmines Ltd. (KGL), on Aug. 6, completed its planned 2013 drilling program on the Somituri project's Imbo licence.

Highlights of the company's 2013 program on the Somituri project are summarized below:

• Total metres drilled:
  • Kitenge prospect (5,581 metres);
  • Manzako prospect (3,158 m);
  • Senegal prospect (772 m);
• Appointment of Roscoe Postle Associates Inc. (RPA) as an independent consultant.

The 2013 exploration program focused on resource definition drilling on the Kitenge/Senegal and Manzako prospects with the objective of estimating a maiden National Instrument 43-101-compliant resource on one or more of these prospects. Since commencing exploration on these prospects in 2010, the company has carried out mapping, trenching, soil geochemical surveys and an airborne magnetic survey. Drilling of 9,511 metres was completed in 2013 under contract with Congo Core, based in Kinshasa, Democratic Republic of Congo. The company contracted Young, Stuart & Associates Inc., topographical, engineering and land surveyors, of South Africa, to survey the diamond drill hole collars.

For the delivery of the expected 2013 mineral resource estimate, the company has appointed international mining consultants RPA to complete an independent National Instrument 43-101-compliant technical report. The company expects results to be forthcoming during fourth quarter 2013.

Alex van Hoeken, president and chief executive officer of KGL, stated: "Our exploration teams and contractors have all worked diligently to achieve the 2013 program on time and within budget. We look forward to updating our investors on the culmination of the 2010 to 2013 drilling programs and the delivery of another resource estimate on the Imbo licence. The delivery of the aforementioned estimate, along with the existing 1.87-million-ounce, 1.63-gram-per-tonne-gold estimate for the Adumbi prospect, furthers our strategy of creating a large-scale, multipit mine on the Imbo licence."

Background

The company's 2013 drilling program focused on the Manzako, Kitenge and Senegal prospects located on the company's Imbo licence. This program was an infill and extension of the 2010 to 2012 drilling programs over the same areas. In particular, the program was designed to drill for a maiden resource in one or more of the targeted areas.

In the delivery of the aforementioned maiden resource (NI 43-101), Roscoe Postle Associates (RPA) was appointed. RPA is a group of technical professionals that have provided advice to the mining industry for nearly 30 years and is headquartered in Toronto, Canada, with offices also in the United States and the United Kingdom. Deborah McCombe, RPA's president and chief executive officer, was awarded the Robert Elver Mineral Economics Award for her contributions to the establishment of Canadian regulatory instrument NI 43-101 and her efforts as head of CRIRSCO in the co-ordination of worldwide standards for resource/reserve reporting.

Ian Blakley, vice-president and general manager of RPA U.K. Ltd., visited the Somituri project from June 19 to June 26.

Prospects

Kitenge shear zone

Gold at Kitenge occurs with: quartz, carbonate, pyrite, pyrrhotite, arsenopyrite and chalcopyrite in a northwest-southeast-oriented dominant shear zone hosting a continuous auriferous quartz vein that dips about 80 degrees northeast, termed the Kitenge shear zone (KSZ). Preliminary interpretation concludes that the KSZ is of the order of 75 m wide, bedding parallel to subparallel, and characterized by highly sericitized and silicified fine-grained clastic metasedimentary rocks. In addition, gold mineralization also occurs in the footwall and hangingwall rocks of the KSZ.

The 1,600 m long KSZ is interpreted to be fault offset from a major shear zone structure. A series of interpreted faults has divided this major shear zone into, from southeast to northwest, the 1,600 m Kitenge, the 1,500 m Senegal the 1,000 m Canal and the 1,500 m Adumbi prospects. The 2,000 m Adumbi West prospect is also interpreted to be fault offset from the Adumbi prospect.

The Senegal prospect is flanked to the immediate northeast by a linear magnetic high.

Manzako shear

Gold at Manzako occurs in association with quartz, carbonate, pyrite, pyrrhotite, arsenopyrite and chalcopyrite in a number of parallel to subparallel shear zones that trend northwest-southeast and dip about 65 to 80 degrees northeast. The geology is predominantly mafic volcanic flows with local mafic intrusives.

The Manzako prospect structures were mined by open-pit and underground methods to shallow depths during the Colonial era and select sites are currently targeted by artisanal mining.

About the Somituri project

The Somituri project comprises eight exploitation licences, covering 606 square kilometres km of the Archaen Ngayu greenstone belt in the northeastern Democratic Republic of Congo.

According to historical records, unverified by Kilo, the Kitenge and Manzako mines produced approximately 100,000 ounces of gold to 1955, whilst the Adumbi gold mine produced approximately 200,000 ounces of gold from quartz vein ore that averaged 11 g/t gold during the 1940s until its closure in 1959.

The Mineral Corp. (April, 2012), based in Johannesburg, South Africa, calculated an NI 43-101-compliant inferred gold resource estimate for the Adumbi prospect, one of a number targets drilled on the Imbo licence. The current inferred mineral resource for the Adumbi prospect, based on varying cut-off grades, includes:

• 1.87 million ounces grading 1.63 grams per tonne gold at a 0.50 g/t cut-off grade;
• 1.63 million ounces grading 2.04 g/t Au at a one g/t cut-off grade.

Quality control and analytical procedures

The drill core was sawn in half with a diamond saw and a half core of each sample was placed into plastic bags and stapled shut. Commercial standards and blanks have been inserted in every batch of samples submitted for analysis in accordance with industry practice. Sample preparation was carried out at the Kilo on-site laboratory managed by ALS Minerals. Sample pulps were shipped from the DRC to ALS Minerals in Johannesburg, South Africa, by commercial courier. Gold analysis was determined on a 50-gram charge by the fire assay with atomic absorption finish method. ALS Minerals is accredited to international standards.

Quality control of analytical results is monitored by Kilo 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 quality control and analytical procedures (see press release dated May 4, 2010).

Qualified person

The drilling program disclosed in this press release was planned and supervised by the company's geological consultant Stanley Robinson. Mr. Robinson, MSc, PGeo, 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.

We seek Safe Harbor.