The Conversation (0)
Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) announced significant visible gold mineralization on the Joyce structure at the 5370 cross cut on the Fire Creek gold deposit in Nevada. The mineralization was found through exploration and metallurgical sampling.
As quoted in the press release:
As a result of the sampling, Klondex expects to have a better understanding of the structure character, widths, grades and metallurgy that will prepare the company to begin bulk sampling in Q3 2013. Assays from the south segment returned a fully-diluted grade of 137.1 g/t (4 opt) gold over 2.4 m (8 ft). Assays from the north segment are pending.
Klondex President and CEO Paul Huet said:
We’re excited to be encountering visible gold mineralization from further exploration, especially as we’re preparing to begin the bulk sample program in Q3. Fire Creek’s gold mineralization will allow us to be flexible and reactive in today’s volatile gold environment. This is an extremely important year for Klondex, as we finalize the resource model and mine plan, complete the vent-raise egress, construct the rapid infiltration basin and initiate bulk sampling from Fire Creek. Encountering this type of visible gold mineralization only adds to the excitement surrounding the Fire Creek project.
Click here to read the Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) press release
Click here to see the Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) profile.