() Mississaugua, Canada – Wealth continues to emanate from the earth, in the form of gold, and with prices heading back into the stratosphere, the urgency of adding gold-producing companies to one’s portfolio is climbing by the day. The pressure is ratcheted up even more as would-be investors read or hear news about such companies finding more of this precious ore in far-flung places around the world.

So, in early April, it was exciting to hear that Vancouver-based Kalahari Resources Inc. (TSX-Venture: KLA) found what it was looking for fairly close to home, reporting encouraging drill results from its 4,000-plus-acre Lamaque Property, in the storied Val-d’Or gold camp of Quebec. The property is immediately adjacent to properties from which have emerged approximately nine million ounces of gold.

The company found its collective mouth watering in this latest venture, having intersected multiple high-grade veins, including one of 24.52 grams per ton (g/t) Gold over 0.65 metres and 7.97 g/t over 2.6 metres, including 29.91 g/t over 0.4 metres on the Forestel Extension.

KLA is concentrating much of its efforts on the Lamaque property this year, to find out if an extension to its Forestel Zone can be seen in 3D to help with targeting subsequent holes, and lining out as much as four- to five-million tonnes of high-grade mineralization.

The company bought the rights to the remaining unowned portion of Lamaque last fall, having acquired the property piecemeal over the past few years. Since then, KLA has spent more than $4.5 million on finding gold there.

KLA has a concise portfolio of strategically-located mineral exploration projects, principally focused on gold and diamonds. The Company is managed by a team of veteran mining professionals and financiers with a stellar track record of discovery and development in Canada. In addition to Lamaque, KLA holds a 50% interest in diamond properties in the Chapleau-Wawa district of Ontario, with the balance held by project partner Chalice Diamond Corp.

Best news of all: this stock can be had for less than a dime per share, its all-time peak around 40 cents dating back to the fall of 2003. KLA reached its height for the last 52 weeks as recently as late March, when the price hit nine cents. Its gulch of a cent and a half was plumbed last June. But with the company’s prospects on just this stake of land in Quebec, investors should be encouraged for its immediate future, especially as gold prices keep climbing.

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