October 31, 2013
NV and Vancouver, BC - October 31, 2013 - Klondex Mines Ltd. (TSX: KDX
or OTCQX: KLNDF), a Nevada gold exploration and development company,
announces that, further to the news release dated September 16, 2013,
Klondex has filed the Fire Creek gold project Technical Report titled
“Technical Report Fire Creek Exploration Project Lander County, Nevada”,
dated October 31, 2013, on SEDAR. The technical report was completed by
Practical Mining, LLC.
The technical information contained in this press release has been
approved and verified by Steven L. McMillin, CPG-11031 (American Inst.
of Prof. Geol.), Chief Geologist for Klondex Mines Ltd., a
non-independent Qualified Person for the purposes of National Instrument
For Practical Mining LLC, Michele White (CPG 11252), Mark Odell (Nevada
PE 13708 and SME 2402150) and Karl Swanson (SME 443076 and AusIMM
304871) have reviewed and approved the contents of the press release,
for the purposes of National Instrument 43-101. These three individuals
are considered Independent Qualified Persons as defined by Canadian
National Instrument 43-101.
About Klondex Mines Ltd. (www.klondexmines.com)
Klondex Mines is focused on the exploration and development of its Fire
Creek gold projectin North-Central Nevada. Fire Creek is permitted for
bulk sampling, with the necessary infrastructure in place and on site.
The project is located in a mining-friendly jurisdiction, near its toll
milling facilities, and major producers. As of October 31, 2013, and
assuming the conversion of the special warrants to shares, Klondex has
79.2mm shares issued and outstanding and 103.1mm shares fully diluted.
President & CEO
Klondex Mines Ltd.
Manager, Investor Relations
Klondex Mines Ltd.
Catalyst Global LLC
This news release contains certain information that may constitute
forward-looking information under applicable Canadian securities
legislation, including but not limited to, information about the
magnitude and quality of the Fire Creek Project, information about
current expectations regarding the planned exploration and drilling at
the Fire Creek Project and the potential expansion of mineralization
This forward-looking information entails various risks and uncertainties
are based on current expectations, and actual results may differ
materially from those contained in such information. These risks and
uncertainties include, but are not limited to the risks and hazards
associated with environmental compliance and permitting for its
underground operations, the strength of the global economy; the price of
gold; operational, funding and liquidity risks; the degree to which
mineral resource estimates are reflective of actual mineral resources;
the degree to which factors which would make a mineral deposit
commercially viable are present. Risks and uncertainties about the
Company’s business are more fully discussed in the Company’s disclosure
materials filed with the securities regulatory authorities in Canada and
available at www.sedar.com. Readers are urged to read these materials.
Klondex assumes no obligation to update any forward-looking information
or to update the reasons why actual results could differ from such
information unless required by law.
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