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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Date of Report (Date of earliest event reported) MARCH 7, 1997
KALAN GOLD CORPORATION
Formerly known as Knight Natural Gas, Inc.
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(Exact name of Registrant as specified in its charter)
COLORADO 0-25658 84-1357927
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation or organization) File Number) Identification No.)
Tower I, Suite 340,
12835 E. Arapahoe Road
Englewood, Colorado 80112
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(Address of principal executive offices and Zip Code)
(303) 706-1606
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(Registrant's telephone number including area code)
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Act of 1934
Item 1. CHANGES IN CONTROL OF REGISTRANT
Not Applicable
Item 2. ACQUISITION OR DISPOSITION OF ASSETS
The Registrant has completed an agreement with Trio Gold Corp., an
Alberta private corporation (Trio), whereby Trio will earn a 50% ownership
interest in the two Ghanian properties held by the Registrant, which consist of
the Ahanta and Esikaman Concessions, in return for the payment of $144,000 to
the Registrant and for the expenditure of $375,000 on geochemical studies on
both properties. Trio will be responsible for all operations on these
properties. Trio released the following information concerning these
properties:
The 100 square kilometer Esikaman property is located approximately 20
kilometers southwest of the mining town of Prestea. A recently completed
Geochemical Stream Sediment Reconnaissance Survey indicates anomalous gold
values covering most of the property. The area of initial interest has
indicated a northeast-trending zone approximately 1.4 kilometers long and 4
kilometers wide. Within this zone, all stream sediment samples assayed values
ranging from 2.0 grams to 21.0 grams per tonne gold. A detailed soil
geochemical survey is now underway and will be followed by a trenching
program expected to be completed by mid-summer.
The Ahanta property is 64 square kilometers and is located about 20
kilometers west of Takoradi. To date, six trenches have identified a 150
meter long zone containing quartz veins averaging 2 meters in width which
have returned the following assay results:
Trench No. Width in Meters Weighted Average Grade
1 1.81m 7.15 g/t
2 2.13m 20.70g/t
3 2.50m 25.75g/t
4 2.13 16.00g/t
5 1.50m 11.70g/t
6 1.50m 5.28 g/t
A geochemical soil survey conducted to the south of the trenched area
has identified a number of highly anomalous gold values ranging from 1.06
grams to a high of 44.10 grams per tonne over a strike length of 700 meters.
Further trenching and sampling will be conducted to delineate the strike
extension of this zone. Upon completion of the trenching program, drill
targets will be selected.
Item 3. BANKRUPTCY OR RECEIVERSHIP
Not applicable.
Item 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
Not applicable.
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Item 5. OTHER EVENTS
Not Applicable
Item 6. RESIGNATION OF REGISTRANT'S DIRECTORS
Not Applicable
Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
Not Applicable
Item 8. CHANGE IN FISCAL YEAR
Not Applicable
Item 9. SALES OF EQUITY SECURITIES PURSUANT TO REGULATION S
Not Applicable
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
KALAN GOLD CORPORATION
Dated: March 7, 1997 By: /s/ JAMES H. BAUM
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James H. Baum
President and Chief Executive Officer
