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Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) yielded 1,329 tonnes (1,465 tons) of mineralized material in July at an average grade of 32.7 g/t (0.95 opt) gold, at its Fire Creek project in Nevada. Underground development at the project over the last three months has yielded 3,249 tonnes (3,582 tons) of mineralized material averaging 75.4 g/t (2.20 opt) Au.
As quoted in the press release:
Klondex continued to develop on the Joyce (5370N and 5400S) structure and on the Vonnie (5370N and 5400S) structure during July. A total of 240 samples were taken from these work areas and submitted for assay during July. Gold grades ranged from 0.2 g/t Au to 400 g/t Au (0.005 opt Au to 11.690 opt Au) over a vein width ranging from of 0.1 m to 0.7 m (0.2 ft to 2.4 ft).
Klondex Mines Ltd. President and CEO, Paul Huet, said:
Through our underground development program, we continue to see very encouraging gold grades and are gaining an excellent understanding of the geology, structure and gold mineralization of the Fire Creek deposit. We’ve made tremendous progress over the past year as a direct result of our dedicated team, and I’m thankful for their devotion to Klondex and to advancing 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
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