🕐22.06.10 - 17:21 Uhr
Klondex Initiates Step-Out and Infill Drilling of High Grade Gold Targets in Nevada
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Re: News - Tuesday, June 22, 2010
Klondex Initiates Step-Out and Infill Drilling of High Grade Gold
Targets in Nevada
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Vancouver, BC - June 22, 2010 - Klondex Mines Ltd.
(TSX: KDX), is very
pleased to announce details on its summer drill program.
Blane Wilson
commented, "We are incredibly excited to initiate drilling on some of
the most prospective targets identified by last years exploration
program.
Our Multi-Method Geophysical Survey completed last summer
indicated several new targets that may offer the possibility of an
increase to our 43-101 compliant resource.
We look forward to reviewing
the data generated with this summers program."
Drilling will commence under the direction of Richard Kern and will
focus on step-out drilling through the use of RC and Core.
This program
will enable KDX to begin the process of including the southern
extension in our underground development plans and also work towards
adding gold ounces to the already impressive 1.6 million indicated
ounces and 0.5 million inferred ounces.
In an effort to complement our
underground plans we also plan to initiate some strategic infill
drilling.
This will allow us to show vein continuity and generate
further metallurgical testing as we prepare for underground mine
development later this year and initial bulk sampling in 2011.
We
anticipate the first rig will arrive on site June 28th and commence
work shortly thereafter.
A map showing the planned holes is available at
www.klondexmines.com/s/News.asp.
About Klondex Mines
Klondex Mines Ltd.
is focused on bringing into initial production, via
bulk sampling, its 100% owned high-grade Fire Creek gold deposit in
North Central Nevada.
Fire Creek is a compelling mining prospect that
is well located near power, transportation, mining infrastructure and
several milling facilities.
ON BEHALF OF KLONDEX MINES LTD.
"William Solloway" President
Investor Contacts:
Bryson Goodwin
Klondex Mines Ltd.
(604) 341-1531
David Collins
Jaffoni & Collins
(212) 835-8500
View Map in PDF Format:
http://www.klondexmines.com/i/pdf/2010-06-22_NRM.pdf
269 KB in size, approx.
51 seconds to download at 56.6Kbps
View News Release and Map in PDF Format:
http://www.klondexmines.com/i/pdf/2010-06-22_NR.pdf
624 KB in size, approx.
151 seconds to download at 56.6Kbps
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Copyright (c) 2010 KLONDEX MINES LIMITED (KDX) All rights reserved.
For more information visit our website at http://www.klondexmines.com/
or send mailto:
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