TIDMKLG 
 
 
 
 
For Immediate Release          TSX Venture Exchange 
8 April, 2015                               and AIM 
Vancouver, British Columbia           Symbol: "KLG" 
 
 
 
   Beurang Kanan Copper Project - 2015 Program Update 
 
   Kalimantan Gold Corporation Limited ("KLG" or the "Company") is pleased 
to announce that it has received formal confirmation from the Ministry 
of Energy and Mineral Resources ("MEMR") that the Company's 100% owned 
KSK Contract of Work in Central Kalimantan, Indonesia ("COW") enters the 
fifth year of the Exploration Period immediately upon the Company 
receiving formal renewal of its forestry permit (IPPKH) from the Capital 
Investment Coordinating Board ("BKPM"). 
 
   Renewal of the forestry permit which authorizes the company to carry out 
both surface and drilling activities over permitted areas of the COW for 
a period of two years is now well advanced. Both the MEMR and the 
Ministry of Environment and Forestry ("MEF) have verbally informed the 
Company that technical reviews have been completed and the permit 
application is now with BKPM for final processing. With a recently 
implemented One-Stop-Services policy, BKPM aim to simplify the licensing 
process and indicate commitment to providing fast service in order to 
create a competitive investment climate.  The company congratulates BKPM 
on the initiative to simplify and expedite the permitting process. 
 
   Initial drilling aims to extend and upgrade confidence of the near 
surface higher grade areas of the BK Main Deposit and although the 
exploration camp remains under care and maintenance, field preparations 
including establishment of initial drill sites and the upgrading of 
camps, roads and access trails, can commence immediately upon receipt of 
the forestry permit. Initial drilling is planned on sites prepared 
during the 2012-2013 program using two drill rigs currently stored at 
the BK project camp.  Planned drill holes are short and each is expected 
to be completed within 2-3 days. Initial assay results are anticipated 
approximately 1-2 weeks after drilling commences. 
 
   KLG is planning to rapidly advance the BK Main deposit through to 
scoping study stage over the course of 2015. An extensive program of 
resource infill and expansion drilling, metallurgical test work and 
mining studies is planned, subject to positive results and the 
availability of ongoing funding. Several nearby prospects, Beruang Kanan 
South "BKS", Beruang Kanan West "BKW" and Beruang Kanan Polymetallic 
"BKZ" have potential for additional mineralization and will be scout 
drill tested. 
 
   The Beruang Kanan Project 
 
 
   -- Initial Inferred Mineral Resource of 47 million tonnes averaging 0.6% Cu 
      or 621,700,000 pounds of copper (reporting cut 0.2% Cu) including 12 
      million tonnes averaging 1% copper (reporting cut 0.7% Cu) (see September 
      26, 2014 press release). 
 
   -- Mineral Resource estimate is for the BK Main deposit only and is based on 
      assays from 74 diamond drill core holes drilled between 1998 - 2007 and 
      2012 - 2013. 
 
   -- The Mineral Resource is contained predominately within a shallow dipping 
      deposit that extends from near surface to a depth of approximately 120 
      meters over an area of 1100m   (N-S) by 950m (E-W) and remains open in 
      several directions. The near surface nature and geometry of the deposit 
      is expected to be highly favorable for shallow open pit mining. 
 
   -- The BK Main deposit is a part of the broader Beruang Kanan Project that 
      also includes high priority targets for additional mineralization at the 
      "BKS", "BKW" and "BKZ" prospects, each lying within 1.0km of BK Main. 
 
 
 
   Qualified Person 
 
   Data disclosed in this press release have been reviewed and verified by 
KLG's qualified person, Stephen Hughes, P. Geo, a Qualified Person 
within the meaning of NI 43-101. 
 
   About Kalimantan Gold Corporation Limited 
 
   Kalimantan Gold Corporation Limited is a junior exploration company 
listed on both the TSX Venture Exchange in Canada and on AIM in London. 
The Company has three exploration projects in Indonesia: the KSK 
Contract of Work in Central Kalimantan with potential for multiple 
copper and gold deposits; the Jelai epithermal gold project in East 
Kalimantan; and the recently acquired Beutong 
copper-gold-silver-molybdenum project in Sumatra. For further 
information please visit www.kalimantan.com and view our most recent 
company presentation. 
 
   ON BEHALF OF THE BOARD OF DIRECTORS 
 
   Tony Manini, Deputy Chairman and CEO 
 
   For further information please contact: 
 
 
 
   -Ends- 
 
   Tony Manini 
 
   Deputy Chairman and CEO, Kalimantan Gold 
 
   Telephone: +61 3 8644 1300 
 
   Email: tony.manini@kalimantan.com 
 
 
 
   VSA Capital Limited 
 
   Andrew Raca / Justin McKeegan 
 
   Telephone: +44 20 3005 5004 / +44 20 3005 5009 
 
   Email: araca@vsacapital.com 
 
   Kalimantan Gold's Nominated Adviser 
 
   RFC Ambrian Limited 
 
   Andrew Thomson / Oliver Morse 
 
   Telephone: +61 8 9480 2500 
 
   Email: andrew.thomson@rfcambrian.com / oliver.morse@rfcambrian.com 
 
   Neither the TSX Venture Exchange nor its Regulation Services Provider 
(as that term is defined in the policies of the TSX Venture Exchange) 
accepts responsibility for the adequacy or accuracy of this release. 
 
   This news release contains forward-looking statements that are based on 
the Company's current expectations and estimates. Forward-looking 
statements are frequently characterized by words such as "plan", 
"expect", "project", "intend", "believe", "anticipate", "estimate", 
"suggest", "indicate" and other similar words or statements that certain 
events or conditions "may" or "will" occur. Such forward-looking 
statements involve known and unknown risks, uncertainties and other 
factors that could cause actual events or results to differ materially 
from estimated or anticipated events or results implied or expressed in 
such forward-looking statements.   Such factors include, among others: 
the actual results of current exploration activities; conclusions of 
economic evaluations; changes in project parameters as plans continue to 
be refined; possible variations in ore grade or recovery rates; 
accidents, labour disputes and other risks of the mining industry; 
delays in obtaining governmental approvals or financing; and 
fluctuations in metal prices.  There may be other factors that cause 
actions, events or results not to be as anticipated, estimated or 
intended.  Any forward-looking statement speaks only as of the date on 
which it is made and, except as may be required by applicable securities 
laws, the Company disclaims any intent or obligation to update any 
forward-looking statement, whether as a result of new information, 
future events or results or otherwise. Forward-looking statements are 
not guarantees of future performance and accordingly undue reliance 
should not be put on such statements due to the inherent uncertainty 
therein. 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Kalimantan Gold Corporation Limited via Globenewswire 
 
   HUG#1909316 
 
 
  http://www.kalimantan.com