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GIG HARBOR, Wash.,
March 21, 2013 /PRNewswire/ -- LKA Gold, Incorporated (OTCQB: LKAID), announced today that it will host a conference call on
Monday, March 25 at
4:30pm EDT to provide an update on corporate developments to stockholders, investors, market participants, and interested parties. The call will provide information on recent developments at LKA Gold and plans for expansion of the exploration program at LKA Gold's
Golden Wonder mine in
Lake City, CO.Kye Abraham, Chairman and CEO will host the event and provide updates on current operations and Project Geologist Rauno Perttu will provide information on mine geology and exploration plans.
Investors and other interested parties may access the teleconference by dialing (605) 475-5900 and providing the participant access code: 7071867
Participants are encouraged to dial in at least 5 minutes prior to the start of the call and to use a hard-wired land line. No cellular phones please. Callers must not use speaker phones as they degrade call quality for all participants.
An audio replay of the teleconference will be made available on the corporate website
www.lkagold.comAbout LKA Gold
From 1998 through the second quarter of 2006, LKA Gold's
Golden Wonder mine produced over 133,701 ounces of gold from ore. In 2009, LKA commenced an exploration program to re-establish reserves and return the mine to commercial production. Since then, LKA's has shipped bulk ore samples containing more than 2,942 ounces of gold resulting in net gold sales of
$3.3 million. Average ore grades during this exploration program have exceeded 1.52 ounces (43 grams) per ton. Investors are cautioned that a commercially viable ore reserve has yet to be established and there can be no assurance that one will be.
Safe Harbor Statement LKA's plans to resume/expand Golden Wonder production are subject to a number of conditions including, but not limited to, favorable geology, successful exploration efforts, favorable financing terms/availability, permits, gold prices, market conditions, etc. Mining and related activities are inherently high-risk endeavors and there can be no assurance that LKA will be successful.This press release contains certain forward-looking statements.Statements contained in this press release that are not purely historical are considered forward-looking. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding LKA International, Inc.'s future plans for exploration and/or production, future expenses and costs, future liquidity and capital resources, and estimates of ore, ore grades and mineralized material. All forward-looking statements in this press release are based upon information available to LKA International, Inc. on the date of this press release and the Company assumes no obligation to update any such statements. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Company's reports filed with the Securities and Exchange Commission.