Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (15047)	4/11/2016 10:41:55 AM
From: Goose94	Read Replies (1) \| Respond to of 203017

KDX-T new 52 week high, $4.19

To: Goose94 who wrote (15047)	6/29/2016 6:01:21 PM
From: Goose94	Read Replies (3) \| Respond to of 203017

Klondex Mines (KDX-T) June 29, '16 is pleased to announce partial results of its initial drill program at its True North Gold Mine ("True North") in Manitoba, Canada. Additionally, based on historic drilling and the positive results of this initial drill program, the Company now expects to be in position to make a production decision in the third quarter of 2016. True North Drilling Highlights: (see TABLE 1 for complete results) 630-16-015: 3.56 opt Au over 23.6 ft, or 122.1 g/t over 7.2 m (710) Including 4.69 opt Au over 16.6 ft, or 160.6 g/t over 5.1 m (710) 630-16-002: 1.40 opt Au over 3.7 ft, or 48.0 g/t over 1.1 m (710 HW) 625-16-007: 1.18 opt Au over 3.0 ft, or 40.3 g/t over 0.9 m (710A) 625-16-009: 0.97 opt Au over 3.0 ft, or 33.4 g/t over 0.9 m (710A HW) 630-16-004: 0.78 opt Au over 6.5 ft, or 26.7 g/t over 2.0 m (710 HW) 630-16-005: 0.57 opt Au over 10.1 ft, or 19.4 g/t over 3.1 m (710) 630-16-005: 0.48 opt Au over 8.9 ft, or 16.6 g/t over 2.7 m (710 HW) 630-16-002: 0.43 opt Au over 56.0 ft, or 14.7 g/t over 17.1 m (710) 630-16-001: 0.20 opt Au over 11.9 ft, or 6.9 g/t over 3.6 m (710) Including 0.61 opt Au over 3.1 ft, or 20.8 g/t over 0.9 m (710) True North: We have received assays for the first 30 underground drill holes totaling 13,288 ft (4,050 m). This definition drilling was targeting the up-dip extensions of the 710/711 zones at True North, where the Company intends to commence production. Assays from the remaining drill holes are pending. ( FIGURE 1) Mr. Paul Huet, President and CEO commented, "We continue to make excellent progress at True North. The results of this initial drill program are beyond our expectations and so we now expect to make a production decision in the third quarter." Mr. Huet continued, "Additionally, the Tailings Reprocessing Project continues to progress as expected and we now expect the mineral resource estimate to be completed in the third quarter." About Klondex Mines Ltd. ( www.klondexmines.com) Klondex is a well-capitalized, junior-tier gold and silver mining company focused on exploration, development, and production in a safe, environmentally responsible, and cost-effective manner. The Company has 100% interests in two producing mineral properties: the Fire Creek Mine and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, as well as the recently acquired True North mine and mill in Manitoba, Canada. Qualified Person Scientific and technical information in this press release has been reviewed and approved by Brian Morris (AIPG CPG-11786), a "qualified person" within the meaning of NI 43-101. For More Information John Seaberg Senior Vice President, Investor Relations and Corporate Development O: 775-284-5757 M: 303-668-7991 jseaberg@klondexmines.com