Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) reported that drill hole FC-13-120U encountered 3 significant intervals of mineralization during its current exploration drill program at its Fire Creek gold project near Elko, Nevada.
As quoted in the press release:
Drill hole FC-13-120U (Figure 1) drilled from Muckbay 5 (MB5) and located approximately 30.5 m (100 ft) north of the vent raise access discovery (January 21, 2013) encountered three significant intervals of mineralization starting approximately 39.6 m (130 ft) west of the main decline and 67.1 m (220 ft) west of the Joyce Vein. Previously drilled surface holes, underground drill holes, and underground rib sampling suggests continuity of mineralization of three distinct structures in this west zone, ranging in strike length from 243.8 m (800 ft) to 335.8 m (1,100 ft) and are open along strike and up and down dip.
Klondex General Manager, Mike Doolin, said:
We are very excited with the recent results from Fire Creek’s drill program. This drilling demonstrates the potential of the Fire Creek deposit to host multiple parallel mineralized structures. Our 2014 program is designed to strengthen our knowledge of the deposit and to expand the current resources.
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