Kilo Goldmines Ltd. announced results from five diamond drill holes drilled by Rio Tinto Mining and Exploration Limited on the Asonga Prospect of the Kilo /Rio Tinto iron ore joint venture in the Democratic Republic of Congo (DRC). Highlights: High-grade intercepts, including 73.5 meters (m) containing 66.6% Fe; mineralized high grade intercepts of approx. 30-70m, with some interbanding with metasediments, occurring within wider intercepts that include interbands of lower grade (50%-60%) enriched itabirite; delterious content (phosphate, silica) is consistent with expectations, and; results to date indicate the explored area has the potential to host direct shipping iron ore (DSO). The Asonga Prospect is located within exploration licences held 75 % by Kilo and is being explored by Rio Tinto pursuant to the Isiro joint venture between Kilo, Rio Tinto, and Suez Holdings Limited. The drill pattern was established to test the continuity of iron formations over a wide area centred on Mt. Asonga. The drill hole spacing varies from approximately 750m to 3,000m over a strike length of approx. 4.5 km and approximately 600m across strike. The four holes reported on were drilled vertically. Rio Tinto has advised that drilling will continue during 2012.