Klondex Mines Continues to Strengthen Nevada Operations Team; Klondex to Exhibit and Present at the Vancouver Resource Show
January 14 2014 - 6:30AM
Marketwired
Klondex Mines Continues to Strengthen Nevada Operations Team;
Klondex to Exhibit and Present at the Vancouver Resource Show
RENO, NEVADA and VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan
14, 2014) - Klondex Mines Ltd. (TSX:KDX) (OTCQX:KLNDF), a Nevada
gold exploration and development company, is pleased to announce
additions to the Klondex team. John Marma joins as Chief Geologist
and Lee Morrison joins as Safety Supervisor. In addition, Klondex
will be exhibiting (booth #1507) at the Cambridge House Vancouver
Resource Investment Conference on January 19-20, 2014 at the
Vancouver Convention Centre - West and presenting on Sunday January
19 at 1:30p PST.
John Marma, M.Sc., adds 17 years of experience to the KDX team.
His role as Chief Geologist will be to lead and mentor the geology
team in production and exploration. Mr Marma joins from Newmont
Mining Corporation where he has held increasingly senior positions
for the past ten years. From 2004-2011, as part of both the Midas
production and exploration geology teams, he developed successful
infill and exploration drill programs. In 2011, he was transferred
to Newmont's Long Canyon, as Senior Geologist. Mr. Marma has
focused his career around the exploration, development and
production of underground narrow vein systems; specifically,
epithermal, bonanza-style vein systems. He also has experience
working in Carlin-type deposits. Among Mr. Marma's accomplishments,
he is credited with leading the Midas geology team in the discovery
of the eastern veins at Midas and authoring two publications
detailing the geological controls and evolution of epithermal
gold-silver veins within the northern Nevada Rift, specifically
related to the Midas Mine. Mr. Marma earned his Masters of Geology
at the University of Wisconsin-Madison.
Lee Morrison brings to Klondex Mines over 35 years of management
experience in the Safety, Security and Human Resource areas. Mr.
Morrison has spent many years working at numerous mines in Northern
Nevada being promoted several times within the Safety and Human
Resources disciplines, including Florida & Relief Canyon,
Hycroft, Mineral Ridge and Pinson. Mr. Morrison worked at the Midas
mine from 1999 to 2007 and most recently from the Hollister
Mine.
Paul Huet, Klondex President and CEO stated, "We welcome John
and Lee, experts in narrow vein underground gold mines, to the
Klondex team. As we look to complete the acquisition of the Midas
Mine and Mill in February, a strong operations team is critical to
our successes in Nevada."
Klondex's new Chief Geologist, John Marma, will present in
Workshop #3 at the Vancouver Resource Investment Conference on
Sunday, January 19 at 1:30 p.m. Mr. Marma will review the recent
acquisition from Newmont Mining Corp. of the Midas Mine and Milling
facility, progress at Klondex's Fire Creek gold project also in
Nevada, as well as review the Company's plans and goals for
2014.
Representing Klondex will be Mike Doolin, General Manager, John
Marma, Chief Geologist and Alison Tullis, Manager, Investor
Relations.
About Klondex Mines Ltd. (www.klondexmines.com)
Klondex Mines is focused on the exploration and development of
its high-grade Fire Creek gold deposit in north central Nevada.
Fire Creek is a compelling gold project located in a
mining-friendly jurisdiction, near major producers, power,
transportation, mining infrastructure and its toll milling
facility. As at January 9, 2014, following the closing of the
Offering, the Company had 79.2 million shares issued and
outstanding and 127.3 million shares fully diluted.
This news release contains certain information that may
constitute forward-looking information under applicable Canadian
securities legislation, including information about the magnitude
and quality of the Fire Creek Project the results of exploration
and assay sampling at the Fire Creek Project, the Company's
intention and ability to monetize mineralized material, timing of
the updated mineral resource estimate at the Fire Creek Project and
the bulk sampling program. 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.
Klondex Mines Ltd.Paul HuetPresident &
CEO1-775-284-5757investors@klondexmines.comKlondex Mines Ltd.Alison
TullisManager, Investor
Relations1-647-233-4348atullis@klondexmines.comwww.klondexmines.com
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