Klondike Gold Commences 2025 Exploration and Drilling
Klondike Gold Corp (TSXV:KG, OTCQB:KDKGF) has announced the start of its 2025 exploration and drilling program at the Klondike District Property, a 727 square kilometer advanced exploration site. The campaign, set to begin by April 28, aims to expand gold mineralization in the Eldorado Creek corridor.
The program features first-ever drilling depths up to 750m to test mineralization extensions, backed by new insights from recent evaluation work. The company has documented high-grade orogenic style gold veining (>30 g/t Au) outcropping within 500 meters of vertical elevation from Eldorado Creek. The exploration targets multiple parallel, stacked mineralized faults, building upon an existing mineral resource estimate of 581k oz Au calculated at $1700 USD gold price.
Klondike Gold Corp (TSXV:KG, OTCQB:KDKGF) ha annunciato l'avvio del suo programma di esplorazione e perforazione 2025 nella proprietà del Distretto di Klondike, un sito di esplorazione avanzata di 727 chilometri quadrati. La campagna, che inizierà entro il 28 aprile, mira a espandere la mineralizzazione aurifera nel corridoio di Eldorado Creek.
Il programma prevede perforazioni mai effettuate prima fino a 750 m di profondità per testare le estensioni della mineralizzazione, supportate da nuove analisi derivanti da recenti lavori di valutazione. La società ha documentato vene aurifere ad alto tenore di stile orogenico (>30 g/t Au) affioranti entro 500 metri di elevazione verticale da Eldorado Creek. L'esplorazione punta a più faglie mineralizzate parallele e sovrapposte, basandosi su una stima delle risorse minerarie esistente di 581.000 oz Au calcolata con un prezzo dell'oro di 1700 USD.
Klondike Gold Corp (TSXV:KG, OTCQB:KDKGF) ha anunciado el inicio de su programa de exploración y perforación 2025 en la propiedad del Distrito Klondike, un sitio de exploración avanzada de 727 kilómetros cuadrados. La campaña, que comenzará antes del 28 de abril, tiene como objetivo ampliar la mineralización de oro en el corredor de Eldorado Creek.
El programa incluye perforaciones a profundidades nunca antes alcanzadas de hasta 750 m para probar extensiones de mineralización, respaldadas por nuevos conocimientos derivados de trabajos de evaluación recientes. La compañía ha documentado vetas de oro de alto grado estilo orogénico (>30 g/t Au) que afloran dentro de los 500 metros de elevación vertical desde Eldorado Creek. La exploración apunta a múltiples fallas mineralizadas paralelas y apiladas, basándose en una estimación existente de recursos minerales de 581k oz Au calculada a un precio del oro de 1700 USD.
Klondike Gold Corp (TSXV:KG, OTCQB:KDKGF)는 727평방킬로미터 규모의 고급 탐사 지역인 Klondike 지구 부지에서 2025년 탐사 및 시추 프로그램 시작을 발표했습니다. 이 캠페인은 4월 28일까지 시작될 예정이며 Eldorado Creek 지역의 금 광물화 확장을 목표로 합니다.
이 프로그램은 최대 750m 깊이의 최초 시추를 포함하며, 최근 평가 작업에서 얻은 새로운 통찰을 바탕으로 광물화 확장을 시험합니다. 회사는 Eldorado Creek에서 수직 고도 500미터 이내에 고등급 오로제닉 금 광맥(>30 g/t Au)이 노출된 것을 기록했습니다. 탐사는 여러 개의 평행하고 쌓인 광물화 단층을 목표로 하며, 금 가격을 1700달러로 계산한 기존 광물 자원 추정치인 58만 1천 온스 Au를 기반으로 합니다.
Klondike Gold Corp (TSXV:KG, OTCQB:KDKGF) a annoncé le lancement de son programme d'exploration et de forage 2025 sur la propriété du district de Klondike, un site d'exploration avancée de 727 kilomètres carrés. La campagne, prévue pour débuter avant le 28 avril, vise à étendre la minéralisation aurifère dans le corridor d'Eldorado Creek.
Le programme comprend des forages jusqu'à 750 m de profondeur, une première, pour tester les extensions de la minéralisation, appuyé par de nouvelles données issues des travaux d'évaluation récents. La société a documenté des veines d'or orogéniques à haute teneur (>30 g/t Au) affleurant dans un rayon de 500 mètres en élévation verticale depuis Eldorado Creek. L'exploration cible plusieurs failles minéralisées parallèles et empilées, s'appuyant sur une estimation existante des ressources minérales de 581 000 oz Au calculée sur la base d'un prix de l'or à 1700 USD.
Klondike Gold Corp (TSXV:KG, OTCQB:KDKGF) hat den Start seines Explorations- und Bohrprogramms 2025 auf dem Klondike-Distriktgrundstück angekündigt, einem fortgeschrittenen Explorationsgebiet von 727 Quadratkilometern. Die Kampagne, die bis zum 28. April beginnen soll, zielt darauf ab, die Goldmineralisierung im Eldorado Creek-Korridor auszuweiten.
Das Programm sieht erstmals Bohrungen bis zu einer Tiefe von 750 m vor, um Mineralisierungserweiterungen zu testen, gestützt durch neue Erkenntnisse aus jüngsten Bewertungsarbeiten. Das Unternehmen hat hochgradige orogene Goldaderungen (>30 g/t Au) dokumentiert, die innerhalb von 500 Metern vertikaler Höhe vom Eldorado Creek an der Oberfläche sichtbar sind. Die Exploration zielt auf mehrere parallele, gestapelte mineralisierte Verwerfungen ab und baut auf einer bestehenden Schätzung der Mineralressourcen von 581.000 Unzen Au auf, berechnet mit einem Goldpreis von 1700 USD.
- First-ever deep drilling program up to 750m depth shows expansion potential
- High-grade gold veining documented (>30 g/t Au)
- Substantial existing resource base of 581k oz Au
- Large exploration property of 727 square kilometers
- Multiple parallel, stacked mineralized faults identified for targeting
- Resource estimate based on relatively high gold price assumption of $1700 USD
VANCOUVER, BC / ACCESS Newswire / April 24, 2025 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) ("Klondike Gold" or the "Company") is pleased to report the commencement of 2025 exploration and drilling on the Company's
Peter Tallman, President and CEO of Klondike states "2025 drilling is anticipated to commence on or before April 28 which begins a multiphase campaign to expand the extents of gold mineralization in the Eldorado Creek corridor. The overall drill plan will target significant lateral and deep vertical extensions to high grade gold vein zones and includes provision for the first time to drill up to 750m hole length to test for significant extension of mineralization to depth".
The 2025 drilling program is based around positive new insights stemming from recent evaluation work which have significantly updated our gold mineralization models. The Klondike exploration team have recast and remapped outdated geology units in use since the 1980's, compiled and mapped multiple individual thrust planes within the composite Eldorado Fault thrust zone. In addition, using measurements from oriented drill core and new surface structural mapping have constructed 3-D structural, vein, and gold mineralization models along the 'Eldorado Creek corridor'.
Importantly the Company has documented high grade orogenic style gold veining (>30 g/t Au) outcropping within 500 meters of vertical elevation from the level of Eldorado Creek at the bottom to the tops of hills above. Our new 3-D mineralization/structural models consistently link many 'Undrilled Au Showings' (see Figure 2) together along multiple parallel, stacked mineralized faults.
These lengthy linear zones containing gold-bearing mineralization will be the focus of 2025 exploration drilling with the goal to outline a substantial area of gold mineralization extending to depth from our existing at-surface mineral resource estimate1 containing 581k oz Au calculated at
ABOUT KLONDIKE GOLD CORP.
Klondike Gold is a Vancouver based gold exploration company advancing its
ON BEHALF OF KLONDIKE GOLD CORP.
"Peter Tallman"
Peter Tallman,
President and CEO
FOR FURTHER INFORMATION:
Telephone: (604) 609-6138
E-mail: info@klondikegoldcorp.com
Website: www.klondikegoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements contained in this news release constitute "forward-looking statements". When used in this document, the words "anticipated", "expect", "estimated", "forecast", "planned", and similar expressions are intended to identify forward-looking statements or information. These statements are based on current expectations of management, however, they are subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking statements in this news release. Readers are cautioned not to place undue reliance on these statements. Klondike Gold does not undertake any obligation to revise or update any forward-looking statements as a result of new information, future events or otherwise after the date hereof, except as required by securities laws.
Forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company's securities; fluctuations in commodity prices and changes in the Company's business plans.In making the forward looking statements in this news release, the Company has applied several material assumptions that the Company believes are reasonable, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. The Company seeks safe harbor.
For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedarplus.ca.
[1]The Mineral Resource Estimate for the Klondike District Property was prepared by Marc Jutras, P.Eng., M.A.Sc., Principal, Ginto Consulting Inc., an independent Qualified Person in accordance with the requirements of NI 43-101. The technical report supporting the Mineral Resource Estimate entitled "NI 43-101 Technical Report on the Klondike District Gold Project, Yukon Territory, Canada" has been filed on SEDAR at www.sedarplus.ca effective November 10, 2022. Refer to news release of December 16, 2022.
SOURCE: Klondike Gold Corp.
View the original press release on ACCESS Newswire
FAQ
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