 | | |
| UPCOMING EVENTS |
November 21 & 22, 2010
San Francisco Hard Assets
Marriott Marquis
March 6-9, 2011
PDAC 2011 Conference
Toronto, Ontario
Stay tuned for updates or request to be added to our e-mail list by clicking here.
|
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: 02-Sep-10
| | |
|
|
| |   Tue Jun 22, 2010
Klondex Initiates Step-Out and Infill Drilling of High Grade Gold Targets in Nevada
|
| |
Vancouver, BC - June 22, 2010 - Klondex Mines Ltd. (TSX: KDX), is very pleased to announce details on its summer drill program. Blane Wilson commented, "We are incredibly excited to initiate drilling on some of the most prospective targets identified by last year's exploration program. Our Multi-Method Geophysical Survey completed last summer indicated several new targets that may offer the possibility of an increase to our 43-101 compliant resource. We look forward to reviewing the data generated with this summer's program."
Drilling will commence under the direction of Richard Kern and will focus on step-out drilling through the use of RC and Core. This program will enable KDX to begin the process of including the southern extension in our underground development plans and also work towards adding gold ounces to the already impressive 1.6 million indicated ounces and 0.5 million inferred ounces. In an effort to complement our underground plans we also plan to initiate some strategic infill drilling. This will allow us to show vein continuity and generate further metallurgical testing as we prepare for underground mine development later this year and initial bulk sampling in 2011. We anticipate the first rig will arrive on site June 28th and commence work shortly thereafter.
A map showing the planned holes is available at www.klondexmines.com/s/News.asp.
About Klondex Mines (http://www.klondexmines.com):
Klondex Mines Ltd. is focused on bringing into initial production, via bulk sampling, its 100% owned high-grade Fire Creek gold deposit in North Central Nevada. Fire Creek is a compelling mining prospect that is well located near power, transportation, mining infrastructure and several milling facilities.
ON BEHALF OF KLONDEX MINES LTD.
"William Solloway" President
Investor Contacts:
Bryson Goodwin
Klondex Mines Ltd.
brysongoodwin@shaw.ca
(604) 341-1531
David Collins
Jaffoni & Collins
KDX@jcir.com
(212) 835-8500
Click to Enlarge
View News Release in PDF Format: |
| |
| |
| | You can view the Next News item: Tue Jun 22, 2010, Proposed 2010 Fire Creek Surface Drilling Program Map
You can view the Previous News item: Wed Jun 2, 2010, Klondex to Review Nevada High-Grade Gold Program at Vancouver Conference June 6 - 7th -- Booth 508
You can return to the main News page, or press the Back button on your browser.
|
| |
| |
| | |
