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Kalimantan Gold Corporation Limited

09:48 AM EST - Kalimantan Gold Corporation Limited : has been delivered notice of intention to cease sole funding and to withdraw from the joint venture agreement made April 18, 2011 by its joint venture partner, Surya Kencana LLC, a wholly-owned subsidiary of Freeport-McMoRan Exploration Corporation, in relation to the Company’s KSK Contract of Work copper project in Kalimantan, Indonesia. Kalimantan Gold Corporation Limited shares V.KLG are trading down $0.005 at $0.03.