Gold discovered in Kogi

A firm has discovered gold in commercial quantity in a field in Yagba West of Kogi State.

The Chief Executive Officer, Kinsfield Energy, Mr Adekunle Akintola, said: “We have done geological mapping, geophysical survey, geochemical sampling and contracting core drilling of the gold fields.

“Our vision is to pursue an aggressive policy of acquisition and development of gold and bitumen fields across Africa.”

He explained that gold mining is a lucrative business next to petroleum, and it is internationally priced, saying Kinsfield Energy is committed to utilising the extractive opportunities in Africa and North America.

Akintola is an extractive mining expert, specialising in mining and oil and gas.

Kinsfield Energy, which operates in Abuja and Houston in the United States (USA), has secured two Exploratory Licenses (EL) for gold fields in Yagba West area.

Royal Times

Firm discovers gold in Kogi

Mining firm, Kinsfield Energy Limited has made a commercial gold ore discovery at one of its fields in Yagba West Area of Kogi State, Nigeria.

The Chief Executive Officer, Mr. Adekunle Akintola, in a statement, said, “Kinsfield Energy has done geological mapping, geophysical survey, geochemical sampling and currently contracting core drilling of the gold fields.”

Akintola said gold mining is a very lucrative business next to petroleum and it was internationally priced.

“Our vision is to pursue an aggressive policy of acquisition and development of gold and bitumen fields across Africa,” he said.

Akintola added that the firm was committed to utilising the extractive opportunities in both Africa and North America for optimum value. Kinsfield Energy which operates out of Abuja and Houston, in the United States, and has secured since 2011, two exploratory licenses for gold fields in Yagba West Area of Kogi State.

Source: Punch

Kinsfield Energy Ltd Discovers Gold in Kogi State

Kinsfield Energy Limited has discovered commercial quantity of gold in Yagba West Area of Kogi State, Nigeria

A statement issued by Mr. Adekunle Akintola, CEO Kinsfield Energy Limited, after the discovery said, “Kinsfield Energy has done geological mapping, geophysical survey, geochemical sampling and currently contracting core drilling of the gold fields.

The company promised to utilize the opportunity properly. Kinsfield Energy has 2 exploratory licenses for gold fields in Yagba West Area of Kogi State.

Source: Nigerian Bulletin