Klondex Mines Reports 'Encouraging' Results from Midas Mine Drilling

Klondex Mines Ltd. (TSX:KDX,NYSEMKT:KLDX) released an update on underground and surface drilling at its Nevada-based Midas mine. President and CEO Paul Huet said results from the program “are quite encouraging supporting the older drill holes from these targets.”
Highlights include:

Midas Trend, Northwest:

• DMC-290 Three Intercepts:

1. 2.3 opt AuEq over 5.0 ft, or 79.4 g/t AuEq over 1.5 m – 201 Splay
2. 0.7 opt AuEq over 10.0 ft, or 22.6 g/t AuEq over 3.0 m – 201 Splay
3. 1.0 opt AuEq over 4.0 ft, or 32.5 g/t AuEq over 1.2 m – 201 Midas • DMC-287B: 0.23 opt AuEq over 8.0 ft, or 7.8 g/t AuEq over 2.4 M – 201 Midas

Queen Vein: (south of the Owyhee Fault)

• MUC-02768: 2.0 opt AuEq over 2.0 ft, or 66.7 g/t AuEq over 0.6 m — 1605 Queen
• MUC-02772 1.2 opt AuEq over 2.0 ft, or 42.6 g/t AuEq over 0.6 m — 1605 Queen

Trinity: (south of the Owyhee Fault)

• MUC-02882: 0.07 opt AuEq over 115.0 ft, or 2.3 g/t AuEq over 35.1 m — Trinity
• MUC-02773: 0.07 opt AuEq over 10.0 ft, or 2.5 g/t AuEq over 3.0 m — Trinity
• MUC-02776 Two Intercepts:

1. 0.02 opt AuEq over 44 ft, or 0.6 g/t AuEq over 13.4 m — Trinity
2. 0.06 opt AuEq over 26 ft, or 2.0 g/t AuEq over 7.9 m — Trinity

Click here to read the full Klondex Mines Ltd. (TSX:KDX,NYSEMKT:KLDX) press release.