Kilo Announces 2.0 Million Ounces Gold Initial Inferred Mineral Resource Estimate for the Adumbi Deposit, Somituri Project, DRC

Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K)
is pleased to announce an initial National Instrument 43-101 ("NI 43-101")
compliant inferred resource estimate on the Adumbi Deposit of the Somituri
Project in north-eastern Democratic Republic of Congo ("DRC"). The resource
estimate has been prepared by independent geological consulting firm The Mineral
Corporation, of South Africa. The Banded Ironstone containing the deposit has an
estimated strike length of 1.2 km as defined by Kilo's drilling to date. Based
on regional compilation and artisanal gold mining activity, the Banded Ironstone
appears to be located along a regional lineament exceeding 5 km in length. The
deposit remains open at depth. Other Kilo drilled prospects on the Somituri
Project, namely the Kitenge and Manzako, are not included in the mineral
resource estimate.


SUMMARY - NI 43-101 COMPLIANT INFERRED RESOURCE

At a 0.5g/t gold cut-off grade the Adumbi Prospect contains an Inferred Mineral
Resource of 46.3 million tonne at a grade of 1.37g/t gold containing 2.03
million ounces of gold. The 0.5g/t cut-off is deemed appropriate based on
current gold prices and possible processing costs of circa US$20/tonne. 


Inferred mineral resources were estimated at a range of cut-off grades from 0.00
g/t gold to 1.00 g/t gold as presented in Table 1.




Table 1. Graded Mineral Resource Estimates for the Adumbi Deposit.          
                                                                            
----------------------------------------------------------------------------
Cut off   Tonnes above       Grade above     Tonnage above Million ounces Au
(g/t Au)       cut off  cut off (g/t Au)           cut off     above cut off
----------------------------------------------------------------------------
0.00        57 772 686              1.16              100%              2.15
----------------------------------------------------------------------------
0.50        46 307 259              1.37               80%              2.03
----------------------------------------------------------------------------
1.00        27 337 071              1.80               47%              1.58
----------------------------------------------------------------------------



The deposit is hosted in chemical metasedimentary rocks consisting of intervals
of chert, chert banded with banded iron formation ("BIF"), as well as minor
intervals of chert banded with black shale and several narrow intervals of black
shale; quartz veins occur throughout the chemical metasedimentary rocks.


The Adumbi Deposit occurs within the sub-vertical to steep northeasterly dipping
sheared BIF that is mineralized from surface. Topographically the deposit forms
a steep-sided hill, elongated parallel to strike, that rises some 130 metres
above the base elevation. As defined by current drilling to date, the BIF has an
estimated strike length of 1.2 km that appears to be hosted within a regional
lineament in excess of 5 km length along which artisanal gold mining activity
occurs. The deposit remains open at depth.


The mineralization occurs associated with quartz veins and veinlets hosted by
the BIF and average sulphide content is in the order of 3 to 10%. Preliminary
conclusions are that the gold occurs with late-stage pyrite. Visible gold has
not been observed to date in the drill core.


This is the first resource estimate completed for the Adumbi Deposit. Mr. David
Young, of The Mineral Corporation, is the "Qualified Person" who prepared the
mineral resource estimate. The mineral resource estimate was prepared using the
Canadian Institute of Mining Metallurgy and Petroleum ("CIM") definition
Standards (2005) and CIM Best Practice Guidelines for Preparing Mineral
Resources and Mineral Reserves. Mr. Young is independent of Kilo as that term is
defined in NI 43-101.


The Mineral Resource estimate is based on 25 drill holes collared on section
lines at approximately 80 metre intervals, 4 adits and 12 trenches. The
drilling, trenching and historical underground exploitation on the Adumbi
Deposit demonstrate lithological and mineralization continuity along strike and
at depth.


The NI 43-101 report containing the resource estimate will be finalized by the
Mineral Corporation, filed on SEDAR and posted on Kilo's website within the next
forty-five days.


Klaus Eckhof, President and CEO of Kilo stated "This initial resource estimate
of 2 million ounces of contained gold is a significant milestone for the Company
and represents a strong starting point as we continue to advance the Somituri
project forward." Peter Hooper, Executive Chairman of Kilo added "Our
expectation is that significant potential exists to add ounces at Adumbi by
infill drilling along strike and to depth. Due to the wide-spaced drilling on
Adumbi, combined with the necessity of collaring drill holes within the
mineralized zone to intersect the zone proximal to surface, and the resultant
termination of drill holes prior to completion through to the entire footwall,
management has concluded that both the quoted grade and estimated ounces may be
understated. In addition, further drilling on the Kitenge and Manzako Prospects
as well as drilling on the currently un-explored colonial era Bagbaie (Adumbi
North Prospect) provides further optimism for delineating additional resources
on the Somituri Project."


2011 Exploration on the Somituri Project

The Company intends to expand the initial Adumbi inferred mineral resources by
drilling along strike and at depth with deeper drilling. In addition, infill
drilling will be carried out with the intention of converting inferred mineral
resources to the indicated category. Metallurgical test work is in progress and
petrographic studies are also planned.


Mapping, trenching and diamond drilling is being carried out on the other known
prospects. In addition, mapping and sampling is in progress on another of the 8
Exploitation Licences that constitute the Somituri Project with the objective of
defining drill targets.


Exploration and Analytical Procedures

The drilling was carried out by diamond drill rigs. Core samples were split in
half with an electric saw, sampled and bagged by the geologists on site at the
Adumbi Prospect exploration camp. The core, trench and adit samples were
maintained in a secure location prior to transport to Kilo's administrative
office by company vehicle. Subsequently the samples were transported by
commercial carrier to the ALS Chemex laboratory in Mwanza, Tanzania. The samples
were crushed to a minimum 70% passing a 2mm screen; the entire sample was then
pulverized to 90% less than 75 microns. Quality control samples consisting of
commercial standards and blanks were included with every batch of samples
submitted to the laboratory. Sample pulps were forwarded by commercial carrier
from ALS Chemex (Tanzania) to ALS Chemex in Johannesburg, South Africa and to
Vancouver, Canada. Gold was determined on a 50 gram charge by the Fire Assay
("FA") with Atomic Absorption ("AA") finish method. The ALS Chemex Group is
accredited to International Standards.


About Kilo

Kilo Goldmines Ltd. is a Canadian gold exploration company that is listed on the
TSX Venture Exchange under the symbol 'KGL' and on the Frankfurt Exchange under
the symbol '02K'. The Company has over 16,000 square kilometres of favourable
Archaean Kabalian greenstone in the Kilo-Moto area in the Democratic Republic of
the Congo. Kilo's principal focus is to advance its projects from exploration
through feasibility to project development and ultimately to full production in
a socially and environmentally responsible manner. The Company owns a 71.25%
interest in the DRC entity that holds the Somituri Project Exploitation Permits.


Qualified Person

Mr. David Young of The Mineral Corporation has reviewed the scientific and
technical information contained in this news release. Mr. Young is a 'Qualified
Person' as that term is defined under NI 43-101. 


Upcoming Events 

Kilo will be attending the PDAC 2011 Conference in Toronto, Canada from March 6
to 9 (booth #2833). Kilo's management team is available to meet with investors
at both events.


This news release may contain forward looking statements concerning future
operations of Kilo Goldmines Ltd. All forward looking statements concerning the
Company's future plans and operations, including management's assessment of the
Company's project expectations or beliefs may be subject to certain assumptions,
risks and uncertainties beyond the Company's control. Investors are cautioned
that any such statements are not guarantees of future performance and that
actual performance and exploration and financial results may differ materially
from any estimates or projections.