Klondex Mines Provides Update on Infill Drilling

Gold Investing

Klondex Mines (TSX:KDX) reported on ongoing infill drilling and exploration at its Midas Mine in Nevada. Current drilling is being conducted to support Klondex’s development and exploration program at Midas, which is due to begin late in September.

Klondex Mines (TSX:KDX) reported on ongoing infill drilling and exploration at its Midas Mine in Nevada. Current drilling is being conducted to support Klondex’s development and exploration program at Midas, which is due to begin late in September.

As quoted in the press release:

Advance infill drilling on the 905 vein at planned production Spirals 8 and 9 has produced encouraging results for potentially increasing the mineral resources (see FIGURE 1). Sixty-six (66) core holes have been completed along approximately 914 m (3,000 ft) of vein strike at 23 to 38 m (75 to 125 ft) centers. Results of this program support the existing inferred mineral resource estimate and have provided additional information for use in mine planning (see FIGURE 2 and FIGURE 3). Engineering is underway, incorporating these zones into production planning.

Klondex president and CEO, Paul Huet, said:

We are very committed to Midas and remain focused on our goal to increase its mineral resource. This accelerated exploration program is quickly producing encouraging results within close proximity to the existing mine workings.

Click here to read the Klondex Mines (TSX:KDX) press release

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