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Klondike Silver Corp.

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Summary

Project:

Slocan Mining Camp

Deposit:Main Lode
Location:Canada
Commodities:Silver-Lead-Zinc
Date:7/30/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:30-7-2019: Klondike Silver Corp. announces an Exploration/Drilling Update report for its Main Lode deposit at the Slocan Mining Camp project. Drilling results incl. 0.39m @ 10.9g/t Ag, 0.20% Pb, 0.01% Zn from 7.45m. July 30, 2019 - Vancouver, Canada – Klo
Resources:x
CP/QP:[Overall Report]: David Makepeace (Micon International Ltd.)
ABSTRACT:July 30, 2019 - Vancouver, Canada – Klondike Silver Corp. (the “Company”) (TSX.V: KS) announces that the Company has received more and stronger assay results from the next three Diamond Drill Holes (DDH). The following are the important intersections within the Main Lode and parallel structures. All DDHs continue to intersect the Main Lode and parallel structures, as predicted in the 3D geological model and are intersecting stronger mineralization within those structures. The drill is presently drilling the seventh (7th) DDH of the original 13-hole drill pattern. The core is being split by a diamond saw. Half of the sample is sent for assay and the remainder is placed back in the core box. The assay samples are being sent to ActLabs in Kamloops, B.C., an accredited laboratory (ISO/IEC 17025, Lab 790). All samples are crushed to 80% passing 2 mm and then a 250 g riffle split is pulverized to 95% passing 105 µm (lab code: RX1). A 0.25 g sample of the resulting pulp is dissolved in 4-acid (near total) digestion process. The solution is analyzed for 37 elements with an ICP-OES instrument (lab code: 1F2). If individual sample(s) obtain a silver assay result above 100 ppm (g/t) with the 1F2 method, the sample(s) are re-assayed for silver using a new 30 g of the sample pulp utilizing the fire assay with a gravimetric finish (lab code: 8-Ag). If individual sample(s) obtain a lead and/or zinc assay result(s) above 5,000 ppm (0.5%) with the 1F2 method, the sample(s) are re-assayed for those elements using sodium peroxide fusion (total digestion) and then re-run in an ICP-OES instrument (lab code: 8- Peroxide ICP-OES).

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