Management of Kilo Gold Mines (KGD-A) has abandoned plans to release assay results on concentrates from its Johnson Valley gold project in California.
The company says the owner of the recovery system was unwilling to comply with new regulations on the disclosure of assay results adopted by the Alberta Stock Exchange.
In March, the exchange ruled that public companies using methods other than fire-assay must have the alternative techniques pre-approved in writing by the exchange.
Listed companies were also reminded that disclosure of results from non-fire assay methods must be accompanied by results from fire-assay techniques on the same core samples.
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