Klondex Mines Ltd.
Symbol: KDX.TO
Exchange: TSX
Shares Outstanding: 31.189 million
Market Capitalization: 42.729 million
Share Price: $1.37
Telephone: (203) 227-8642
Website: www.klondexmines.com
Klondex Mines is engaged in acquiring, exploring and developing gold and silver properties in Nevada and has to date identified an Indicated Mineral Resource in excess of 1.6 million ounces of gold (and a comparable amount of silver) via its deep drilling program at its 100% owned Fire Creek Property.
Klondex is focused on the exploration and development of Fire Creek on the Northern Nevada Rift in North Central Nevada, an area of substantial mining activity which has produced in excess of 100 million ounces of gold. In addition to Fire Creek, Klondex's property portfolio contains three other gold exploration projects covering over 12,615 acres or 19.7 square miles. During 2007, the Fire Creek property was expanded to include the nearby Corral Canyon and Woodtick properties, thereby consolidating them into one program. All three of Klondex's properties are located in areas with strong gold exploration prospects.
Fire Creek comprises 10,708 acres of Fee and Lease land along the Northern Nevada Rift in North Central Nevada. It is strategically located between the past producing Mule Canyon Mine to the north and the world-class Pipeline and Cortez gold deposits to the south. The property is readily accessible via Federal and state roads, is close to the electrical power grid and is within 50 miles driving distance of two large mills.
Fire Creek's Nevada location, high-grade gold and silver mineralization, and proximity to world-class mining infrastructure and personnel, make it a particularly compelling mining prospect.
Click here to view 6-minute overview video on Fire Creek project.
Related News Articles
Klondex on "Turning Hard Times into Good Times"Klondex Sets Term Sheet
Klondex Mines Appoints Mining Veteran Blane Wilson President and COO
Klondex Initiates Step-Out and Infill Drilling of High Grade Gold Targets in Nevada
Klondex-Proposed 2010 Fire Creek Surface Drilling Program Map
Klondex and Paramount Agree to Release of Claims and Dismissal of Litigation
Klondex to Review Nevada High-Grade Gold Program at Vancouver Conference
Klondex Mines to Present at Rodman & Renshaw London Investment Conference
Klondex Mines on Jay Taylor's "Turning Hard Times into Good Times"
Klondex Mines to Exhibit at Hong Kong Mines and Money Asia Conference - 'Stand 35' - March 30th
New Members of Klondex to Host Investor Meeting
Klondex Reports Progress on Permitting for Its Underground Program
Klondex President Comments on Permitting Significance