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Klondike Gold Corp.
Summary
| Project: | Lone Star | |
|---|---|---|
| Deposit: | Violet Ridge | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/10/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-8-2016: Klondike Gold Corp. announces an Exploration/Drilling Update report for its Violet Ridge deposit at the Lone Star project. Violet Ridge drilling results incl. 0.44m @ 4.1g/t Au, no economic intersections. Vancouver, British Columbia, Canada, Au | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Peter Tallman (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, Canada, August 10, 2016, Klondike Gold Corp. (TSX.V:KG; FRA: LBDP) (“Klondike Gold” or the “Company”) announces assays from the Violet Ridge target and updates progress of ongoing drilling at the Lone Star property near Dawson City, Yukon Territory. The Company has received assays from a total of 17 drill holes testing the Violet Ridge group of drill targets including the “310”, “Isaac” and “Violet Mine” subzones (as described in News Release dated July 14, 2016). No economic grades or widths were encountered in any of these holes along Violet Ridge. All holes intersected the targeted quartz veins which upon assay contained geochemically anomalous zones of gold above 100 ppb Au, and locally up to 4.1 g/t Au over narrow 0.44 meter widths. Alteration surrounding the veins did not carry gold values. Drill sections with simplified geology, assays, and surface grab assay information can be found HERE. | |
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