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Klondike Gold Pays Tribute to Its Late Founder, Richard Hughes

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Klondike Gold Corp (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) announces the passing of its founder, Richard Hughes, at age 91 in Langford, BC. Hughes, a legendary prospector known for co-discovering the world-class Hemlo gold deposit in Ontario during the 1980s, founded Klondike Gold in 1978 and served as Chairman and/or Director until 2013.

Hughes's vision led the company to the Klondike goldfields near Dawson, Yukon in 1980, where he was respected by local placer miners for his generosity and persistent prospecting efforts. His work in searching for hard-rock gold sources in the Klondike has been instrumental in the company's current discoveries along Eldorado Creek.

Klondike Gold Corp (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) annuncia la scomparsa del suo fondatore, Richard Hughes, all'età di 91 anni a Langford, BC. Hughes, un leggendario cercatore d'oro noto per aver co-scoperto il Deposito d'oro Hemlo di fama mondiale in Ontario negli anni '80, fondò Klondike Gold nel 1978 e ricoprì il ruolo di Presidente e/o Direttore fino al 2013.

La visione di Hughes ha portato l'azienda nei campi d'oro di Klondike vicino a Dawson, Yukon, nel 1980, dove era rispettato dai minatori locali per la sua generosità e i suoi sforzi instancabili nella ricerca. Il suo lavoro nella ricerca di fonti d'oro hard-rock in Klondike è stato fondamentale per le attuali scoperte aziendali lungo Eldorado Creek.

Klondike Gold Corp (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) anuncia el fallecimiento de su fundador, Richard Hughes, a la edad de 91 años en Langford, BC. Hughes, un legendario buscador de oro conocido por co-descubrir el depósito de oro Hemlo de clase mundial en Ontario durante la década de 1980, fundó Klondike Gold en 1978 y se desempeñó como Presidente y/o Director hasta 2013.

La visión de Hughes llevó a la compañía a los campos de oro de Klondike cerca de Dawson, Yukon, en 1980, donde fue respetado por los mineros locales por su generosidad y persistente esfuerzo de prospección. Su trabajo en la búsqueda de fuentes de oro en roca dura en Klondike ha sido fundamental para los descubrimientos actuales de la compañía a lo largo del Eldorado Creek.

클론다이크 골드 공사 (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF)가 창립자 리차드 휴즈가 91세를 일기로 브리티시컬럼비아주 랭포드에서 세상을 떠났다고 발표했습니다. 휴즈는 1980년대 온타리오에서 세계적 수준의 헤믈로 금광을 공동 발견한 전설적인 탐광가로, 1978년 클론다이크 골드를 설립하고 2013년까지 회장 및 이사로 재직했습니다.

휴즈의 비전은 1980년 클론다이크의 금광으로 회사를 이끌었으며, 그는 현지 플래서 광부들로부터 그의 관대함과 끊임없는 탐사 노력으로 존경받았습니다. 클론다이크에서 경암 금 자원을 찾는 그의 노력은 엘도라도 크릭을 따라 회사의 현재 발견에 매우 중요한 역할을 했습니다.

Klondike Gold Corp (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) annonce le décès de son fondateur, Richard Hughes, à l'âge de 91 ans à Langford, BC. Hughes, un prospecteur légendaire connu pour avoir co-découvert le gisement d'or de classe mondiale Hemlo en Ontario dans les années 1980, a fondé Klondike Gold en 1978 et a été président et/ou directeur jusqu'en 2013.

La vision de Hughes a conduit l'entreprise vers les champs aurifères de Klondike près de Dawson, Yukon, en 1980, où il était respecté par les mineurs locaux pour sa générosité et ses efforts de prospection constant. Son travail à la recherche de sources d'or minier à Klondike a été déterminant pour les découvertes actuelles de l'entreprise le long de l'Eldorado Creek.

Klondike Gold Corp (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) gibt den Tod seines Gründers, Richard Hughes, im Alter von 91 Jahren in Langford, BC, bekannt. Hughes, ein legendärer Goldsucher, der in den 1980er Jahren an der Entdeckung des weltweit bekannten Hemlo-Goldvorkommens in Ontario beteiligt war, gründete 1978 Klondike Gold und war bis 2013 Vorsitzender und/oder Direktor.

Hughes' Vision führte das Unternehmen 1980 zu den Goldfeldern von Klondike in der Nähe von Dawson, Yukon, wo er von lokalen Placer-Minern aufgrund seiner Großzügigkeit und seiner unermüdlichen Prospektionsanstrengungen geschätzt wurde. Seine Arbeit bei der Suche nach Hartgolderzvorkommen in Klondike war entscheidend für die aktuellen Entdeckungen des Unternehmens entlang des Eldorado Streams.

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VANCOUVER, BC / ACCESS Newswire / February 11, 2025 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) ("Klondike Gold" or the "Company") is saddened to learn of the recent passing of Richard Hughes, a legendary prospector credited with significant Canadian and international mineral discoveries over his lengthy career in the mining industry, including the co-discovery of the world-class Hemlo gold deposit in Ontario during the 1980s. Mr. Richard Hughes passed away peacefully in Langford, BC, at the age of 91.

Richard Hughes founded Klondike Gold Corp. in 1978 and served as Chairman and/or Director of the Company until 2013. Richard's vision for the Company first led him to the famous Klondike goldfields near Dawson, Yukon in 1980. Richard is well-remembered and respected by local placer miners for his generosity and dogged prospecting persistence during his two decades of work there. His contributions to the search for hard-rock gold sources In the Klondike are instrumental in the Company's current discoveries along Eldorado Creek in areas championed by Richard.

Peter Tallman, Klondike Gold's President & CEO states; "The Company extends its heartfelt condolences to Richard's family, many friends, and the entire mining community at the passing of a Canadian prospecting legend."

ABOUT KLONDIKE GOLD CORP.

Klondike Gold is a Vancouver based gold exploration company advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon, one of the top mining jurisdictions in the world. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. Multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander Zone, among other targets. The Company has identified a pit constrained Mineral Resource Estimate of 469,000 Indicated and 112,000 Inferred gold ounces1, a milestone first for the Klondike District. The Company is focused on exploration and development of its 727 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, Yukon, within the Tr'ondëk Hwëch'in First Nation traditional territory.

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.

1The 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

When did Richard Hughes found Klondike Gold Corp (KDKGF)?

Richard Hughes founded Klondike Gold Corp in 1978.

What was Richard Hughes's major gold discovery before founding KDKGF?

Richard Hughes was credited with co-discovering the world-class Hemlo gold deposit in Ontario during the 1980s.

How long did Richard Hughes serve as Chairman/Director of Klondike Gold (KDKGF)?

Richard Hughes served as Chairman and/or Director of Klondike Gold from 1978 until 2013.

Which areas of Klondike Gold's (KDKGF) current operations were influenced by Richard Hughes?

Richard Hughes's work influenced the company's current discoveries along Eldorado Creek in the Klondike goldfields near Dawson, Yukon.

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