Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) reported that the Karen Vein at the Fire Creek Gold Project has yielded 7,300 tons of mineralized material containing approximately 6,700 Au ounces, with an average grade of 31.5 g/t (0.9 opt) Au over an average width of 3.0 m (9.9 ft). The Karen Vein is now accessed from multiple levels, as part of the bulk sampling program.
As quoted in the press release:
The Company developed 97 m (317 ft) along strike on the 5360 level during 2Q2014. The weighted average vein width on this level is 0.8 m (2.6 ft) with an average grade of 117.6 g/t (3.4 opt) Au. On a second level, approximately 18.3 m (60.0 ft) above, the company developed 93.0 m (306.0 ft) along strike on the 5420 level during 2Q2014. The average vein width on this level is 1.3 m (4.2 ft) with an average grade of 116.6 g/t (3.4 opt) Au. – See more at: http://www.klondexmines.com/s/news.asp?ReportID=667138#sthash.bngtBfjx.dpuf
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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