Klondex Files Technical Report in Connection With Fire Creek Gold Project
October 31 2013 - 8:36PM
Marketwired
Klondex Files Technical Report in Connection With Fire Creek Gold
Project
RENO, NV and VANCOUVER, BC--(Marketwired - Oct 31, 2013) -
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a Nevada gold
exploration and development company, announces that, further to the
news release dated September 16, 2013, Klondex has filed the Fire
Creek gold project Technical Report titled "Technical Report Fire
Creek Exploration Project Lander County, Nevada," dated October 31,
2013, on SEDAR. The technical report was completed by Practical
Mining, LLC.
The technical information contained in this press release has
been approved and verified by Steven L. McMillin, CPG-11031
(American Inst. of Prof. Geol.), Chief Geologist for Klondex Mines
Ltd., a non-independent Qualified Person for the purposes of
National Instrument 43-101.
For Practical Mining LLC, Michele White (CPG 11252), Mark Odell
(Nevada PE 13708 and SME 2402150) and Karl Swanson (SME 443076 and
AusIMM 304871) have reviewed and approved the contents of the press
release, for the purposes of National Instrument 43-101. These
three individuals are considered Independent Qualified Persons as
defined by Canadian National Instrument 43-101.
About Klondex Mines Ltd. (www.klondexmines.com) Klondex Mines is
focused on the exploration and development of its Fire Creek gold
project in North-Central Nevada. Fire Creek is permitted for bulk
sampling, with the necessary infrastructure in place and on site.
The project is located in a mining-friendly jurisdiction, near its
toll milling facilities, and major producers. As of October 31,
2013, and assuming the conversion of the special warrants to
shares, Klondex has 79.2mm shares issued and outstanding and
103.1mm shares fully diluted.
This news release contains certain information that may
constitute forward-looking information under applicable Canadian
securities legislation, including but not limited to, information
about the magnitude and quality of the Fire Creek Project,
information about current expectations regarding the planned
exploration and drilling at the Fire Creek Project and the
potential expansion of mineralization. This forward-looking
information entails various risks and uncertainties are based on
current expectations, and actual results may differ materially from
those contained in such information. These risks and uncertainties
include, but are not limited to the risks and hazards associated
with environmental compliance and permitting for its underground
operations, the strength of the global economy; the price of gold;
operational, funding and liquidity risks; the degree to which
mineral resource estimates are reflective of actual mineral
resources; the degree to which factors which would make a mineral
deposit commercially viable are present. Risks and uncertainties
about the Company's business are more fully discussed in the
Company's disclosure materials filed with the securities regulatory
authorities in Canada and available at www.sedar.com. Readers are
urged to read these materials. Klondex assumes no obligation to
update any forward-looking information or to update the reasons why
actual results could differ from such information unless required
by law.
Company Contact: Paul Huet President & CEO Klondex Mines
Ltd. 775-284-5757 Email Contact Alison Tullis Manager, Investor
Relations Klondex Mines Ltd. 647-233-4348 Email Contact Toni
Trigiani Investor Relations Catalyst Global LLC 212-924-9800 Email
Contact
Klondex Mines Ltd. (AMEX:KLDX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Klondex Mines Ltd. (AMEX:KLDX)
Historical Stock Chart
From Jul 2023 to Jul 2024