Klondike Gold - KDKGF STOCK NEWS

Klondike Gold (KDKGF) has appointed Dr. M. Stephen Enders to its Advisory Board. Dr. Enders brings over 45 years of mining industry experience, having held key positions including Senior Vice President of Exploration at Newmont Mining and President of Phelps Dodge Exploration Corp.

Dr. Enders recently retired from his position as Department Head for Geology and Geological Engineering and Mining Engineering at the Colorado School of Mines in December 2023, where he continues to teach in their Professional Masters in Mineral Exploration program. He currently serves as Executive Chairman of Brooks & Nelson and holds multiple board positions.

His distinguished career includes notable achievements such as the Distinguished Achievement Medal from the Colorado School of Mines (2009), the Ben F. Dickerson Award (2014), and the Ralph W. Marsden Award (2016). Dr. Enders holds a BSc in geological engineering from the Colorado School of Mines and MSc and PhD degrees from the University of Arizona.

Klondike Gold (KDKGF) has completed a non-brokered private placement raising $508,508.95, including $208,508.95 in flow-through shares. The company issued 3,207,830 flow-through shares at $0.065 per share and 5,000,000 units at $0.06 per unit. Each unit includes one common share and one purchase warrant, exercisable at $0.10 until December 27, 2026.

The securities have a hold period until April 28, 2025. One company insider participated, acquiring 900,000 flow-through shares and 1,250,000 units. The proceeds will fund exploration of Yukon properties and working capital needs.

Klondike Gold announces drill results from six exploration holes testing gold potential along the Eldorado Fault at its Klondike District Property in Yukon. Three holes on the west side of the fault revealed significant gold-bearing quartz veins, with highlights including 6.41 g/t Au over 1.0m and 8.25 g/t Au over 1.0m. Two of three holes on the east side intersected extensions of gold mineralization to the Gay Gulch and DJ Showings. The Eldorado Fault has been newly identified as a major crustal structure controlling gold mineralization, mapped over a 5km distance. The company also granted 5,600,000 stock options at $0.07, 1,200,000 RSUs, and 600,000 DSUs to directors, officers, and employees.

Klondike Gold announces drilling results from seven holes testing southwest and northwest extensions of the Stander Zone. Key discoveries include high-grade intersections of 10.34 g/t Au over 1.5 meters and multiple stacked gold zones including 1.54 g/t Au over 27.0m. The exploration successfully extended the Stander Zone length by 400 meters northwest and width by 200 meters southwest, potentially doubling the gold-mineralized strike length and increasing width by 50%. The drilling program, consisting of 26 holes totaling 4,160.52m, was conducted adjacent to the Company's November 2022 Mineral Resource Estimate area within their 727 km² Klondike District Property in Yukon, Canada.

Klondike Gold reports significant drill results from its Klondike District Property in Yukon, revealing a 300-meter southeastern extension of the Stander Zone gold mineralization. Key findings include high-grade intersections of 21.50 g/t Au over 4.0 meters (including 76.07 g/t Au over 1.0m) in hole EC24-534 and 4.84 g/t Au over 9.0 meters (including 35.44 g/t Au over 0.5m) in hole EC24-541. The drilling program, comprising 26 holes totaling 4,160.52m, successfully extended the Stander Zone's strike length by 50% beyond the previous 600-meter MRE extents. The mineralization remains open to depth and along strike.

Klondike Gold Corp. (TSXV:KG, OTCQB:KDKGF) has announced results from eight drill holes at the Stander Zone within its 727 km2 Klondike District Property in Yukon, Canada. Highlights include:

• EC24-523 intersected 39.52 g/t Au over 1.0m from 102.5m
• EC24-537 intersected 25.81 g/t Au over 1.0m from 94.5m
• EC24-542 intersected 0.73 g/t Au over 7.0m from 4.0m

These results demonstrate potential to expand the existing gold resource beyond the 2022 Mineral Resource Estimate. The drilling program targeted northeasterly and downdip extensions of gold mineralization, with all holes showing multiple gold-bearing quartz vein zones. Mineralization remains open to depth and across strike, with additional drill results pending.

Klondike Gold Corp. (TSXV:KG, OTCQB:KDKGF) has announced significant gold discoveries at the new Archy and Wasp Showings within its 727 km2 Klondike District Property in Yukon, Canada. The company's 2024 exploration season has revealed high-grade gold zones along the newly identified Eldorado Fault structural corridor.

Key findings include:

• Archy #1 Showing: Rock samples assayed up to 46.6 g/t Au
• Archy #2 Showing: Samples assayed up to 4.1 g/t Au
• Wasp #1 Showing: Samples yielded up to 19.3 g/t Au
• Wasp #2 Showing: A sample assayed 52.7 g/t Au

The discoveries span a vertical elevation of 450 meters and a length of 5 kilometers along the Eldorado Fault. The company is awaiting drill assay results from the Stander Zone mineral resource area and Gay Gulch showing mineralization.

Klondike Gold Corp. (TSX.V:KG, OTCQB:KDKGF) has announced plans to raise up to $750,000 through a non-brokered private placement. The financing includes a Flow-Through Placement at $0.10 per unit and a Non-Flow-Through Placement at $0.09 per unit. Each unit consists of one common share and one share purchase warrant, with warrants exercisable at $0.15 per share for 2 years. The funds will be used for exploration and development of Yukon properties and general working capital. The offering may close in tranches and is subject to TSX Venture Exchange approval, with securities having a four-month and one-day hold period.

Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) has provided updates on its 2024 exploration work at the Klondike District Property in Yukon, Canada. Key highlights include:

1. Mapping of the newly defined 'Eldorado Fault' over a 12km length, controlling high-grade gold emplacement.
2. Discovery of new outcropping visible gold at Archy, Archy Wasp, and DJ Showings along the Eldorado Fault.
3. Completion of 36 diamond drill holes totaling 5,828 meters at Stander and Gay Gulch Zones.
4. The Eldorado Fault is now recognized as a major structural corridor linking various gold showings.

The company's 2024 objectives include targeted prospecting, diamond drilling to expand high-grade gold intersections and the Stander Zone mineral resource, and testing for stacked gold-bearing quartz vein zones. Assay results from recent discoveries and drilling are pending.