Klondex Drilling Details Three Mineralized Structures

 

RENO, NV - Klondex Mines Ltd. reported assay results from its exploration drill program being conducted west of the main decline at its Fire Creek gold project near Elko, Nevada.

Drill hole FC-13-120U drilled from Muckbay 5 (MB5) and located approximately 100 ft north of the vent raise access discovery encountered three significant intervals of mineralization starting approximately 130 ft west of the main decline and 220 ft west of the Joyce Vein. Previously drilled surface holes, underground drill holes, and underground rib sampling suggests continuity of mineralization of three distinct structures in this west zone, ranging in strike length from 800 ft to 1,100 ft and are open along strike and up and down dip.

These structures are all parallel to the Joyce and Vonnie veins with similar distances between each. All three structures were crosscut during development work. The current drill program continues to focus on drilling to increase the confidence in the mineralization along these three structures. Future drilling will also step out to the north and south, along the main decline, to continue testing the extensions of all mineralized structures.

Mike Doolin, Klondex General Manager stated, "We are very excited with the recent results from Fire Creek's drill program. This drilling demonstrates the potential of the Fire Creek deposit to host multiple parallel mineralized structures. Our 2014 program is designed to strengthen our knowledge of the deposit and to expand the current resources."