KLONDEX MINES LTD. (TSX: KDX; Other OTC: KLNDF)
HIGH-GRADE NEVADA GOLD EXPLORER INITIATING
UNDERGROUND DEVELOPMENT PROGAM


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UPCOMING EVENTS

July 28-31, 2010
FSX Conference at the Ritz Carlton
Ft. Lauderdale, FL
www.fsx1.com

March 6-9, 2011
PDAC 2011 Conference
Toronto, Ontario


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Latest News

Jul 14, 2010: News: Klondex Sets Term Sheet for $10 - $20 Million in Gold-Backed Financing... (more...)

Jul 06, 2010: News: Klondex Mines Appoints Mining Veteran Blane Wilson President and COO (more...)

Jun 22, 2010: News: Klondex and Paramount Agree to Release of Claims and Dismissal of Liti... (more...)


Lander County
Nevada



Updated: 22-Jul-10

Proposed Underground Development for Fire Creek
Click For Larger Image
Proposed Fire Creek Decline Overlaid With Identified Gold Vein Structures
Klondex Mines filed permits (March 2007) to pursue underground exploration and to begin bulk sampling for metallurgical testing of up to 120,000 short tons of ore. The bulk sampling has the potential to generate substantial operating cash flow for Klondex. U.S. BLM permits were secured in Dec. '09 and remaining Nevada permits are expected by the end of the summer in 2010. The map above is a revised plan for the exploration decline that is subject to change and regulatory approvals.
Blane Wilson Radio Interview with Jay Taylor
"Turning Hard Times into Good Times"

Click Here to read transcript
(pdf 59 KB, 4 pages)

Interview Audio: http://www.webeatthestreet.com/media/archives/KlondexMines20100413.mp3
Klondex Reports 1.64 Million Ounce Indicated Mineral Resource at Fire Creek

Click Here to View the full Fire Creek NI 43-10 Report Filed March 31, 2009
(pdf 12.7 MB, 127 pages)
KDX President Comments on Strategic Significance of Company's Underground Permitting Initiative

Click Here to View (pdf 36.9 KB)

Klondex Mines (TSX: KDX; Other OTC: KLNDF) is engaged in acquiring, exploring and developing gold and silver properties in Nevada and has to date identified an Indicated Mineral Resource in excess of 1.6 million ounces of gold (and a comparable amount of silver) via its deep drilling program at its 100% owned Fire Creek Property.

Klondex is focused on the exploration and development of Fire Creek on the Northern Nevada Rift in North Central Nevada, an area of substantial mining activity which has produced in excess of 100 million ounces of gold. In addition to Fire Creek, Klondex's property portfolio contains three other gold exploration projects covering over 12,615 acres or 19.7 square miles. During 2007, the Fire Creek property was expanded to include the nearby Corral Canyon and Woodtick properties, thereby consolidating them into one program. All three of Klondex's properties are located in areas with strong gold exploration prospects.

Fire Creek comprises 10,708 acres of Fee and Lease land along the Northern Nevada Rift in North Central Nevada. It is strategically located between the past producing Mule Canyon Mine to the north and the world-class Pipeline and Cortez gold deposits to the south. The property is readily accessible via Federal and state roads, is close to the electrical power grid and is within 50 miles driving distance of two large mills.

Fire Creek's Nevada location, high-grade gold and silver mineralization, and proximity to world-class mining infrastructure and personnel, make it a particularly compelling mining prospect. Read more...