Lka Gold International

What Lka Gold International does

LKA Gold Incorporated is a junior gold mining and exploration company incorporated in 1988, headquartered in Gig Harbor, Washington, and publicly traded on the OTC Pink market under the ticker LKAI. The company operates with 1-10 employees and is controlled by founder/President Kye Abraham, who has led the company since co-founding it in 1979 alongside Larry H. Abraham and James U. Blanchard III.

The company's flagship asset is the Golden Wonder Mine, a high-grade epithermal (telluride) gold deposit located near Lake City, Colorado. During its commercial production period from 1998 to 2007, the mine produced over 134,000 ounces of gold at an average ore grade of 16.01 oz/ton — approximately 80x the industry average of less than 0.2 oz/ton — at production costs below $100 per ounce. Following the end of commercial production in 2007, LKA operated a bulk-sampling/exploratory mining program through 2015 that generated over $5.1 million in ore-sale revenue. In 2015, the company entered an exploration and option agreement with Kinross Gold USA, under which Kinross drilled four permitted sites in Q-4 2016 and Q-1 2017, confirming a 500-foot extension of the Golden Wonder structure and identifying six potential new ore zones for future exploration.

LKA Gold's business model consists of extracting and selling high-grade gold ore directly to a set of major mining companies and refiners (ASARCO, Barrick, Freeport McMoran, Kinross, Cominco, Klondex, and TCB International) under negotiated purchase agreements, with pricing tied to the gold spot price and ore grade. The company has historically funded exploration through small, periodic equity raises (including a $1.8M round in Q-3 2014 and an $800K round in September 2015) and supplements these activities with investor relations, SEC filings, and direct outreach to retail and institutional investors. Its second asset, the historic Ute-Ulay Mine and Town Site in Hinsdale County, Colorado, is being divested via donation to the county for historic preservation purposes.

Name

Lka Gold International

Legal name

LKA Gold Incorporated

Website

https://lkagold.com

Company type

Public

Founded year

1988

Operating status

Operating

Headcount range

1–10 employees

Short description

LKA Gold Incorporated is a junior gold mining and exploration company whose flagship asset is the high-grade Golden Wonder Mine in Colorado. It sells extracted ore directly to major refiners and mining companies, and is currently exploring for extensions to re-establish commercial reserves.

Ownership category

akta.pro rank

Product category

Gold Mining and Exploration

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Gold Mining (IMAKAEAA)

akta.pro secondary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Gold mining exploration
• High-grade gold ore
• Epithermal gold deposits
• Junior gold producer
• Precious metals extraction

Headquarters

HQ city

Gig Harbor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Gold Ore Sales: LKA Gold generates revenue by extracting and selling high-grade gold ore to major refiners and mining companies. The company has sold ore to ASARCO, Barrick, Freeport McMoran, Kinross, Cominco, Klondex, and TCB International.
2. Exploratory Mining (Bulk Sampling): Exploratory mining program conducted through 2015 generated over $5.1 million in revenue from ore shipments during the exploration phase.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

LKA Gold Incorporated extracts and sells high-grade gold ore from its flagship Golden Wonder Mine near Lake City, Colorado, an epithermal (telluride) deposit that averaged 16.01 oz/ton between 1998 and 2007. The company conducts exploration drilling to identify extensions to the bonanza-grade deposit and sells ore shipments to major mining companies and refiners. It also holds the historic Ute-Ulay Mine and Town Site in Hinsdale County, Colorado, which is being donated for historic preservation.

Product overview

LKA Gold Incorporated is a premier junior gold producer and exploration company operating two core projects: the Golden Wonder Mine near Lake City, Colorado, and the Ute-Ulay Mine and Town Site in Hinsdale County, Colorado. The Golden Wonder Mine is the company's flagship asset, an extraordinarily high-grade telluride (epithermal) gold deposit that was one of the highest-grade gold producers in modern history between 1998 and 2007. The Ute-Ulay Mine is a historic preservation initiative. The company's business model involves exploratory mining, ore shipments to purchasers (ASARCO, Barrick, Freeport McMoran, Kinross, Cominco, Klondex, TCB Intl), and current exploration efforts with Kinross Gold USA to identify extensions to the bonanza-grade deposit.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 134,000+ ounces of gold produced at costs below $100/oz
• +3 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Kinross Gold USAcoreStrategic or Co-development Partner · 1 January 2015LKA and Kinross Gold USA signed exploration and option agreements in Q-2 2015. Kinross conducted drilling on four permitted sites in Q-4 2016 and completed winter drilling in 2017. Kinross provided valuable geological data and identified six potential ore zones. The partnership left LKA with a trove of drilling targets for future exploration.
• Hinsdale County, ColoradominorStrategic or Co-development Partner · 1 January 2009LKA initiated discussions with Hinsdale County in 2009 to donate the Ute-Ulay Mill and Town Site for historic preservation. The collaboration involves public and private agencies for the restoration of this historic mining site.
• Colorado Department of Public Health & EnvironmentminorImplementation/ SI/ Consulting Partner · 1 January 2009Collaborative agency involved in the Ute-Ulay Mine and Town Site restoration project, providing regulatory oversight for site remediation and historic preservation efforts.
• Bureau of Land Management (BLM)minorImplementation/ SI/ Consulting PartnerFederal agency partner in the Ute-Ulay historic preservation restoration project.
• Environmental Protection Agency (EPA)minorImplementation/ SI/ Consulting PartnerRegulatory agency partner involved in site remediation and environmental oversight for the Ute-Ulay historic preservation project.
• Colorado Division of Reclamation Mining & SafetyminorImplementation/ SI/ Consulting PartnerState agency partner providing regulatory oversight for the Ute-Ulay Mine restoration and historic preservation initiative.
• Colorado Art RanchminorStrategic or Co-development PartnerNon-profit organization that played an important role in bringing together diverse public and private groups to accomplish the Ute-Ulay historic restoration project.

Scale indicators11 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Alamos Gold: Mid-tier gold producer with producing mines and development projects in North America; comparable to LKA Gold in targeting high-grade gold deposits in North American jurisdictions but operating at a much larger, diversified scale.
• Eldorado Gold: Mid-tier gold producer operating multiple mines globally with a focus on high-quality gold assets; comparable to LKA Gold in its interest in high-grade epithermal-style deposits but with diversified production, larger capital base, and broader geographic footprint.
• Hecla Mining Company: Established silver and gold producer with multiple operating mines and a long history of high-grade underground mining; comparable to LKA Gold in its preference for high-grade vein deposits but operating at materially larger scale across a diversified portfolio.

Direct peers

• Vista Gold Corp: Small-cap junior gold developer with a single flagship advanced-stage gold project; comparable to LKA Gold as a sub-$100M-market-cap single-asset precious metals explorer targeting near-term production decisions.
• Seabridge Gold: Pure exploration and development gold company advancing multi-million-ounce gold assets toward production decisions; comparable to LKA Gold as a pre-revenue precious-metals company whose valuation is driven by resource delineation rather than current production.
• NovaGold Resources: Development-stage gold and silver company advancing a small number of large, high-quality precious-metals projects; comparable to LKA Gold in being a pre-revenue single-thesis explorer whose value depends on converting resources to reserves.
• McEwen Mining: Junior gold and silver producer with exploration properties in the Americas, including high-grade vein targets; comparable to LKA Gold in scale, precious-metals focus, and reliance on exploration upside from a small portfolio of properties.
• Silver Bull Resources: Junior precious-metals explorer focused on high-grade silver-zinc and gold targets; comparable to LKA Gold as a small-cap exploration company pursuing narrow-vein, high-grade deposit types with bulk-sampling and offtake strategies.
• Paramount Gold Nevada: Junior gold and silver exploration and development company focused on advancing a small portfolio of precious-metals assets in the western United States; mirrors LKA's strategy of targeting high-grade epithermal-style deposits in tier-one mining jurisdictions.
• Gold Resource Corporation: Junior gold and silver producer that has historically operated high-grade narrow-vein mines and pursued exploration-stage growth; closely comparable to LKA Gold's model of high-grade ore sales to refiners and major mining companies.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@lkagoldincorporated6153
• LinkedInlinkedin.com/company/lka-consulting-limited
• Instagraminstagram.com/lkagold
• Xx.com/mylkagold

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lka Gold International