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    Klondex Mines Reports Interval of 496.7 Grams/tonne Gold (14.5 oz/ton) Over 1.82 Meters at Fire Creek

    Investing News Network
    Jan. 04, 2013 06:01AM PST
    Gold Investing

    Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) reported results from its Fire Creek project in Nevada, including an interval of 496.7 grams/tonne gold (14.5 oz/ton) over 1.82 meters.

    Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) reported results from its Fire Creek project in Nevada, including an interval of 496.7 grams/tonne gold (14.5 oz/ton) over 1.82 meters.

    As quoted in the press release:

    The banded vein structure that was encountered is identical to the A-vein structure identified in the 5400-ACC crosscut to the south. Sampling has been completed over the east portion of the crosscut and results are insignificant suggesting the B-vein is cut off by a bounding northwest oriented fault or mineralization pinches to the north before it intersects the 5370-ACC crosscut. A ground fall at the east end of 5370-ACC is likely related to this fault.

    Klondex’s CEO, Paul Huet, said:

    The rib samples are encouraging as they further extend the apparent continuity of the A-vein at a width that is two times the width we encountered to the south while maintaining grades of 2 ounces per ton and higher.

    To view the whole press release, click here.

    klondex minestsx:kdxklondex mines ltdotcqx:klndf
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