Klondex Files Preliminary Economic Assessment in Connection with its Fire Creek Gold Project in Nevada
June 13 2014 - 4:39PM
Marketwired
Klondex Files Preliminary Economic Assessment in Connection with
its Fire Creek Gold Project in Nevada
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 13, 2014) -
Klondex Mines Ltd. (TSX:KDX)(OTCQX:KLNDF) today announced that
further to its news release dated April 29, 2014, Klondex's
independent Preliminary Economic Assessment ("PEA") on its Fire
Creek gold project, entitled "Preliminary Economic Assessment of
Fire Creek Project, Lander County, Nevada," has been filed with
SEDAR and is now available on the Klondex Mines website. Practical
Mining LLC authored the PEA, dated June 13, 2014, with an effective
date of January 31, 2014.
About Klondex Mines Ltd. (www.klondexmines.com)
Klondex Mines is focused on the exploration, development and
production of its high quality gold and silver projects. The
company is operating an ongoing bulk sampling program at its Fire
Creek gold project located in north central Nevada. Fire Creek is
in a mining-friendly jurisdiction, with onsite power and mining
infrastructure, and near major producers. Midas, Klondex's newly
acquired operating mine and milling facility, is located 110 miles
north of Fire Creek.
Forward-looking Information
This news release contains certain information that may
constitute forward-looking information under applicable Canadian
securities legislation, including but not limited to information
about current expectations on the timing and success of exploration
activities, the successful execution of the bulk sampling program
at the Fire Creek Project, project development and related
permitting. This forward-looking information entail various risks
and uncertainties, are based on current expectations, is subject to
a number of uncertainties and risks, and actual results may differ
materially from those contained in such information. These
uncertainties and risks include, but are not limited to, the
strength of the global economy; the price of gold and silver;
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; the risks and hazards
associated with underground operations; and the ability of Klondex
to fund its substantial capital requirements and operations. 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 &
CEO775-284-5757investors@klondexmines.comKlondex Mines Ltd.Alison
TullisManager, Investor
Relations647-233-4348atullis@klondexmines.comwww.klondexmines.com
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