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Klondex Mines Ltd.
Summary
| Project: | Hollister | |
|---|---|---|
| Deposit: | Hatter Graben | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 11/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-11-2017: Klondex Mines Ltd. announces an Exploration/Drilling Update report for its Hatter Graben deposit at the Hollister project. Drilling results incl. 1.8m @ 39.18g/t Au, 92.87g/t Ag from 540m. Vancouver, BC - November 20, 2017- Klondex Mines Ltd. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brian Morris (Internal) | |
| ABSTRACT: | Vancouver, BC - November 20, 2017- Klondex Mines Ltd. (TSX: KDX; NYSE American: KLDX) (“Klondex” or the “Company”) is pleased to provide the initial results from the 2017 surface exploration drill program at the Hatter Graben zone near its Hollister Mine (“Hollister”) and report on progress made at the Midas mill regarding recovery of Hollister ore. Both Hollister and the Company’s Midas mill are located in northern Nevada, USA. Mr. Brian Morris, Senior Vice President, Exploration, said, “I am extremely encouraged by the initial results from our first five holes at Hatter Graben. At the onset, we had permitting delays which required us to drill our first three holes from the least optimal locations. We also experienced deviations on some of the initial holes which resulted in intercepting the vein system much deeper than the targeted elevations. Even with all of those challenges, we still encountered multiple veins similar to historical findings.” Mr. Morris continued, “The most optimal drill sites are now fully permitted and drilling is ongoing from these locations. We are infilling and stepping to the east in the most desirable elevations where we fully expect robust results.” | |
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