March 20, 2013
ON & Elko, NV - March 20. 2013 - Klondex Mines Ltd. (TSX: KDX;
OTCQX: KLNDF), a northern Nevada gold exploration and development
company, continues to strengthen the operations team at its flagship
Fire Creek project and expand its investor outreach program in Toronto.
At Fire Creek, in Lander County, Nevada, Dr. Shuai Chen joins Klondex as
Chief Engineer, Lucy Downer joins as Environmental Manager, and Bryan
Ouellette is named Safety and Projects Foreman. Alison Tullis joins
Klondex in Toronto as Manager, Investor Relations.
Dr. Chen will oversee the design of the Fire Creek
underground mining project. He has 17 years of experience designing
mining projects, specializing in underground mine design, planning,
ground control and cost control. His previous Nevada gold mining
experience includes serving as Chief Engineer for Atna Resources’ Pinson
mine, as Senior Engineer for Great Basin Gold’s Hollister mine and as
Senior Mining Engineer for Newmont’s Midas Mine. Dr. Chen earned his
Masters and Ph.D. degrees in Mining Engineering from Southern Illinois
University at Carbondale.
Ms. Downer brings 18 years of environmental experience
and has been instrumental in the success of several mining and
environmental projects across North America, primarily within Nevada.
She is a graduate of the Engineering: Mining and Mineral Processing
Program of Queens University in Ontario.
Mr. Ouellette brings over 30 years of experience in
North American mine safety to Fire Creek. He began his career in Ontario
with Noranda, followed by increasingly senior training, projects and
safety managing roles at Newmont’s Marathon Ontario and Carlin Nevada
projects. Most recently, he managed the Lean Six Sigma Black Belt
continuous improvement courses at Carlin, including managing the project
pipeline and analyzing the best methodologies to extract gold from
Ms. Tullis will be responsible for the development and
execution of Klondex Mines’ investor relations program in conjunction
with Catalyst Global, the company’s capital markets consulting firm. She
brings eight years of experience building investor relations programs
for public companies, most recently for a Canadian gold developer.
Paul Huet, Klondex President and CEO stated, “I’m happy
to announce these additions to our team as Fire Creek moves towards the
planned bulk sample later this year. I am confident that the team we
are building onsite can deliver on our goal to be a successful gold
producer in Nevada, and adding a presence in Toronto will be key to
enhancing our current investor relations program and profile.”
He continued, “Bryan is very familiar with Nevada’s
gold mines and his experience will allow him to develop industry best
standards that will keep our miners healthy, safe and accident free.
Lucy was also an easy choice, as she comes highly recommended and knows
the project well through her active involvement in Fire Creek’s
successful permitting program while working as a project lead with our
environmental consultant. She will be instrumental in our effort to
maintain exemplary permitting and compliance with Nevada and US
regulators. Having an opportunity to work with Dr. Shuai Chen again is
rewarding; Dr Chen is very familiar with narrow vein mining methods as
well as Nevada ground conditions and was key to the success of both the
Hollister and Midas Mines. I am confident that teamed with Mike Doolin,
our General Manager, he will make significant contributions to Fire
About Klondex Mines Ltd.
Klondex Mines is focused on the exploration and
development of its Fire Creek gold deposit in North Central Nevada. Fire
Creek is a compelling gold mining prospect located in a region of
prolific gold production that is near power, transportation, mining
infrastructure and several milling facilities. As of March 19, 2013
Klondex had 64.4 million shares issued and outstanding, and 85.3 million
shares on a fully-diluted basis.
President & CEO
Klondex Mines Ltd.
Manager, Investor Relations
Klondex Mines Ltd.
Catalyst Global LLC
This news release contains
forward-looking statements, including about current expectations on the
timing of project development. These forward-looking statements entail
various risks and uncertainties, are based on current expectations, and
actual results may differ materially from those contained in such
statements. These risks and uncertainties include, but are not limited
to the risks and hazards associated with environmental compliance and
permitting for its underground operations. 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
statement or to update the reasons why actual results could differ from
such statements unless required by law.
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