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Klondex Mines Ltd.

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Summary

Project:

Hollister

Deposit:Hollister
Location:United States
Commodities:Gold-Silver
Date:11/16/2016
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-11-2016: Klondex Mines Ltd. announces a Supporting Acquisition report for its Hollister deposit at the Hollister project. Technical report filed in support of acquisition of property. n February 2016, Carlin Resources, LLC (together with its predecesso
Resources:
CP/QP:[Resources]: Marek Nowak (SRK Consulting (Canada) Inc.)
ABSTRACT:n February 2016, Carlin Resources, LLC (together with its predecessor entities, “Carlin Resources”) commissioned SRK Consulting (Canada) Inc. (“SRK”) to prepare a geological and mineral resource model for the near surface mineralization on the Hollister Project. The services were rendered between February and July 2016. This report was compiled by the following qualified persons (“QP”): Chad Yuhasz, PGeo., and Marek Nowak, PEng., both of SRK. This technical report documents a mineral resource statement for the Hollister Project prepared by SRK. It was prepared following the guidelines of the Canadian Securities Administrators’ National Instrument 43-101. The mineral resource statement reported herein was prepared in conformity with generally accepted CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines.” Hollister Project comprises 1,005 unpatented lode claims and 11 unpatented mill site claims that cover an area in excess of 18,000 acres. Carlin Resources is the registered title holder of 796 of the 1,005 Hollister Project lode claims, as well as all 11 of the mill site claims. An additional 209 of the lode claims have been until recently controlled by Carlin Resources through the additional agreements mentioned in this report. On October 3, 2016, Klondex Mines Ltd. announced closing of its acquisition of all of the membership interests of Carlin Resources, LLC.

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