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Klondex Mines Ltd.
Summary
| Project: | Midas Mine | |
|---|---|---|
| Deposit: | Midas Mine | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 9/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 13-9-2017: Klondex Mines Ltd. announces an Exploration/Drilling Update report for its Midas Mine deposit at the Midas Mine project. Drilling results incl. 0.5m @ 268.36g/t Au. Vancouver, BC – September 13, 2017– Klondex Mines Ltd. (KDX:TSX; KLDX:NYSE Amer | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brian Morris (Internal) | |
| ABSTRACT: | Vancouver, BC – September 13, 2017– Klondex Mines Ltd. (KDX:TSX; KLDX:NYSE American) (“Klondex” or the “Company”) is pleased to provide results on the Trinity zone (“Trinity”) surface exploration drill program at its Midas Mine (“Midas”) located in northern Nevada, USA. The following drill results are not included in Midas’ current Mineral Resource estimate. Ten surface core holes totaling 10,105 ft (3,080 m) were drilled at Trinity during this phase of surface exploration. This program was designed to test the new Trinity structural corridor model and extend mineralization north towards the existing underground workings and planned development. Most of the production in the Midas district is controlled by east-dipping structures. Historically, drilling at Trinity used the same east-dipping structural model returning inconsistent results. However, a reinterpretation suggested the mineralized structures are actually west-dipping. During this drill program, we tested the new structural model and it returned positive, consistent results supporting the continuity of high grade mineralization controlled by west-dipping structures in an east-dipping structural corridor. | |
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