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Klondex Mines Ltd.
Summary
| Project: | True North | |
|---|---|---|
| Deposit: | True North, Cohiba | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/25/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 25-1-2017: Klondex Mines Ltd. announces an Exploration/Drilling Update report for its True North, Cohiba deposit at the True North project. Drilling results incl. 3.7m @ 18.2g/t Au from 232.8m. Klondex Mines Ltd. (KDX:TSX; KLDX:NYSE MKT) (“Klondex” or the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Brian Morris (Not Stated) | |
| ABSTRACT: | Klondex Mines Ltd. (KDX:TSX; KLDX:NYSE MKT) (“Klondex” or the “Company”) is pleased to provide an update on underground drilling at its True North Gold Mine (“True North”) in Manitoba, Canada. The following drill results are not included in the mineral reserve and mineral resource estimates released on September 12, 2016. The Company expects to provide an updated mineral reserve and mineral resource update for True North in the second quarter of 2017. Mr. Brian Morris, Vice President, Exploration said, “These results from True North’s exploration drilling program are extremely important; the team’s exploration model and understanding of local vein systems have already lead Klondex to a significant new discovery which has the potential to add substantial resource growth at True North. This new discovery continues to suggest that the True North district remains under explored and has the potential to be much larger than what we understand today.” Mr. Morris continued, “Moreover, not only are we continuing to extend the mineralization up and down dip in the 710 and 711 zones, we are consistently identifying new targets in close proximity to existing infrastructure | |
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