Klondike Gold Assays From Seven Drill Holes At Lone Star Zone 

VANCOUVER, BC - Klondike Gold Corp. reported assays from seven drill holes at the Lone Star Zone, part of a systematic evaluation designed to map the geometry of mineralization across a portion of the Zone, at the Company’s wholly owned Klondike District Property, Yukon Territory.  Results of the first seven holes, LS18-151 to LS18-157, testing the Lone Star Zone in 2018, are reported here.   A minimum total of $2.5M has been budgeted for 2018 exploration.  The Company in 2018 has exploration plans underway to drill test the Lone Star Zone, the Nugget Fault Zone, and the Gold Run target plus complete comprehensive district-wide mapping, geophysics, and soil surveys for the first time.  Hole LS18-156 assays 1.40 g/t Au over 65.05 meters from surface at 2.50 to 67.55 meters downhole, including 6.07 g/t Au over 8.45 meters from 6.65 to 15.10 meters. Exploration program results from ongoing Lone Star drilling, Gold Run drilling, Nugget and Gay Gulch re-evaluation assaying, and district-scale exploration are pending. 

The ongoing drill program is systematically testing sections across the Lone Star Zone to outline the geometry, continuity, and extent of disseminated gold mineralization and gold-bearing quartz vein mineralization.  Approximately 38 drill holes testing the Lone Star Zone will soon be completed.  Further results from these holes are expected in batches ranging in time from August through mid-September. Gold Run Target Drill Update: Four NQ diamond drill holes GR18-160 to -163 tested the Gold Run target area.  Assay results are expected in August. Nugget Zone and Gay Gulch Re-evaluation Update: Examination and additional sampling of 2015 and 2016 drill holes along the Nugget Fault trend and at Gay Gulch continues.  Assay results are expected in batches ranging in time from August through September. Klondike District Exploration Update: Systematic district-scale exploration for the first time across the Company’s property is progressing.  This program includes soils, airborne magnetics, radiometric, and VLF-EM surveying, plus detailed structural and lithologic mapping and prospecting.  Results are expected in August and September.