The Conversation (0)
Klondex Mines Ltd. (TSX:KDX) announced that it has confirmed gold mineralization south of its mineral resource at Fire Creek. The Company reported intersections of 0.48 opt (16.6 g/t) Au over 42.8 ft at drill hole FC12-029U. Some assays still remain pending from the 2012 drill program.
As quoted in the press release:
The diamond drill hole confirms gold mineralization in a “South Zone” near the mine portal, located 1300 ft south of the 5400 crosscut. The drill hole was part of a larger surface and underground drill program testing the continuity of the Joyce A1 and Vonnie B1 veins (formerly named the A and B veins, respectively) in the south portion of the Main Zone.
Klondex, President and CEO, Paul Huet, commented:
I’ve operated on mineralization similar to Fire Creek in Nevada. Intercepting this zone is quite encouraging but requires more understanding. This continues to support our plan on additional definition and exploration drilling from the underground. I am privileged to be developing Fire Creek with my team.
Click here to read the Klondex Mines Ltd. (TSX:KDX) press release