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Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) has begun initial drifting at Hui Wu, the fourth identified vein at its Fire Creek project. Although not included in the 2013 mineral resource estimate or preliminary economic assessment for Fire Creek, the vein was identified as a target during Klondex’s 2013 drill program.
As quoted in the press release:
Based on current drilling, the known strike length of the Hui Wu Vein is 243.8 m (800 ft) and the known vertical dip extent is 76.2 m (250 ft), remaining open both north and south along strike, and up and down dip. To date, 11 m (37 ft) of exploration development has been completed along strike of the Hui Wu Vein. Face samples range from 31.6 g/t (0.9 opt) Au to 395.9 g/t (11.5 opt) Au. The weighted average grade of samples taken from the Hui Wu Vein is 126.9 g/t (3.7 opt) Au over an average vein width of 1.1 m (3.5 ft). The fully diluted mined grade averaged 60.8 g/t (1.8 opt) Au over an average mining width of 2.2 m (7.4 ft).
Click here to read the Klondex Mines (TSX:KDX) press release
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