Klondike Gold Corp. is pleased to provide an update to the working exploration model which identifies newly recognized northeast trending orogenic faults and links these faults to gold mineralization. The updated exploration model is a result of a comprehensive three-month reprocessing and recompilation program of collected data involving in-house personnel and structural, geophysical, and LiDAR outside consultants. This [...]
Klondike Gold Corp. is pleased to announce the results of its annual general meeting of shareholders held earlier today. The Company elected five directors to its board, namely Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle and Tara Christie. The shareholders approved all other matters as proposed, including the appointment of Davidson & Company LLP, Chartered Professional Accountants as auditors of the Company [...]
Klondike Gold Corp. is pleased to provide an exploration update and report assays from seven drill holes testing the Gay Gulch gold showing along the Eldorado Fault on the Company's wholly owned 576 square kilometer Klondike District Property, Yukon Territory. SUMMARY The 2019 drill program is complete for a season total of 94 holes. Drilling results from the Gay Gulch gold showing include 1.09 g/t Au over 9.08 meters in [...]
Klondike Gold Corp. is pleased to report that the Company has entered into a lease agreement with Dulac Mining Ltd whereby Klondike Gold assigns to Dulac Mining the rights and permits to placer mine on the Upper Eldorado Creek property, contained wholly within the Company’s 576 square kilometer Klondike District Property, Yukon Territory. The Upper Eldorado Creek Placer property is comprised of 114 contiguous placer [...]
Klondike Gold Corp. is pleased to report that the Company has closed a non-brokered flow through private placement financing of 1,925,000 flow-through units at the price of $0.40 per FT Unit for gross proceeds of $770,000. Each FT Unit is comprised of one common share of the Company, which is a “flow-through” share for Canadian income tax purposes, and one-half of one common share purchase warrant . Each whole Warrant is [...]
Eric Sprott announces that on August 30, 2019, 3,103,000 common share purchase warrants of Klondike Gold Corp., with an exercise price of $0.45 per common share expired unexercised representing approximately 2.9% of the outstanding common shares on a partially diluted basis. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 11,033,000 common shares and 3,103,000 Warrants representing [...]
Eric Sprott announces that on August 23, 2019, 2,413,500 common share purchase warrants of Klondike Gold Corp., expired unexercised representing approximately 2.1% of the outstanding common shares on a partially diluted basis. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 11,033,000 common shares and 5,516,500 Warrants representing approximately 10.1% of the outstanding common shares [...]
Klondike Gold Corp. is pleased to report assays from nine drill holes testing the Nugget Zone along the Nugget Fault on the Company’s wholly owned 576 square kilometer Klondike District Property, Yukon Territory. Assay results for samples from nine drill holes have been received, with assay results for three drill holes still pending. A total of twelve drill holes totalling 913 metres tested the Nugget Zone [...]
Klondike Gold Corp. updates progress of the $2-million 2019 exploration program on the Company €™s wholly owned 576 square kilometer Klondike District Property, Yukon Territory. DRILLING UPDATE A total of 42 holes have been completed testing Gay Gulch along the Eldorado Fault, plus Nugget East, Nugget, and Glacier Gulch Zones along the Nugget Fault. . Drilling at the Lone Star Zone has commenced with an increased total of [...]
Klondike Gold Corp. has commenced diamond drilling at the Lone Star Zone, part of the $2-million 2019 exploration program on the Company €™s wholly owned 576 square kilometer Klondike District Property, Yukon Territory. The Lone Star Zone is located 20 kilometers from Dawson City, Yukon by government maintained road. It is hosted by Permian age rocks of the Klondike Schist unit, affected by younger orogenic [...]
Klondike Gold Corp. updates progress of the $2-million 2019 exploration program on the Company €™s wholly owned 576 square kilometer Klondike District Property, Yukon Territory. This year €™s drilling and exploration program is focused on in two key areas: Drilling at the Gay Gulch and Nugget Zones to target prospective areas of high-grade gold mineralization identified after reviewing data collected from 2018 €™s [...]
Klondike Gold Corp. has mobilized a second drill rig and commenced diamond drilling at the Nugget Zone, part of a $2-million exploration program on the Company's wholly owned 563 square kilometer Klondike District Property, Yukon Territory. The second drill rig is targeting the Nugget Fault including the Nugget Zone following up high-grade gold mineralization hosted by quartz veining discovered there between 2015 and [...]
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