Klondex Discovers Two High-Grade Gold Veins At Fire Creek Wednesday, October 31, 2012 10:29 AM
Klondex Mines Ltd. (TSX: KDX) discovered two high-grade gold veins during underground exploration on the Main Zone at its Fire Creek Project located in Nevada. The A veins showed a grades of 95.5 grams per ton gold over 0.9 meter while the B vein had grades of 43.5 g/t gold over 1.5 meters, the company says. “These crosscuts have provided further evidence of the continuity and grades of Main Zone gold mineralization at the heart of the Fire Creek deposit,” says Paul Huet, president and chief executive officer of Klondex. “Importantly, these vein structures remain open to the north, south and at depth; they will be the subject of future exploration seeking to unlock the value of this resource.” Klondex is an exploration company focused on its flagship Fire Creek Project.
By Alex Létourneau of Kitco News; email@example.com
Klondex Mines (TSX: KDX; OTCQX: KLNDF) is primarily engaged in the surface and underground exploration and development of its 100% owned Fire Creek gold property in North Central Nevada. Fire Creek is strategically located between the past producing Mule Canyon Mine to the north and the world-class Pipeline and Cortez gold deposits to the south. The property comprises 11,208 acres (17.5 square miles) and is readily accessible via Federal and state roads with close access to the electrical power grid. http://www.klondexmines.com/