Kilo's DRC iron prospect continues to show promise

Shares in Democratic Republic of Congo-focused Kilo Gold Mines pushed 13% higher on Wednesday afternoon, after the company said the latest drill results at an iron-ore joint-venture with Rio Tinto showed potential for a high-grade mine. Afghanistan also formerly told the TSX V-listed firm it was the preferred bidder for a valuable iron-ore concession in the country, Kilo said.

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