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Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) confirmed mineralization in the new West Zone at its Fire Creek gold project in Nevada – all five drill holes intercepted mineralization. Highlights include 67.4 gold/t at 158.07m intercepted in hole FC13-064U
Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) confirmed mineralization in the new West Zone at its Fire Creek gold project in Nevada – all five drill holes intercepted mineralization. Highlights include 67.4 gold/t at 158.07m intercepted in hole FC13-064U.
As quoted in the press release:
Five holes totaling over 1,071.37m (3,515ft) in length were drilled to the west of the ramp, and all encountered mineralization. FC13-064U cut 67.4 gold/t at 158.07m (518.6 ft) that is a likely candidate for an extension of vent raise mineralization located 320 feet southeast from the vent raise. FC13-063U and FC13-065U contain intercepts that are at least 60.96m (200ft) west of the vent raise mineralization and may represent new zones but require further exploration drilling. Intercepts in FC13-063U, FC13-065U, and FC13-067U are associated with vuggy bladed calcite veins, similar to the Joyce Vein in the Main Zone to the east.
Klondex Mines Ltd. Chief Geologist, Steve McMillin, said:
In response to the vent-raise access discovery earlier this year, we interrupted the infill drill program in the east and turned the drills around to test for an extension of the new-found mineralization. We are extremely pleased we hit multiple intercepts in three of five drill holes and shown additional continuity in a previously unexplored area of Fire Creek. The new zone supports our thesis that the exploration upside at Fire Creek extends well-beyond our current mineral resource borders and the project is underexplored at the current time.
Click here to read the Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) press release
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