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Early Klondike Gold drill results yield 5.1 g/t Au over 14.34 meters at Nugget Zone

Early Klondike Gold drill results yield 5.1 g/t Au over 14.34 meters at Nugget Zone ...

articleKlondike Gold Corp.July 14, 20165/company/klondike-gold-corp/news/early-klondike-gold-drill-results-yield-51-gt-au-over-1434-meters-at-nugget-zone
Early Klondike Gold drill results yield 5.1 g/t Au over 14.34 meters at Nugget Zone

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[{"type":"text","content":"\n\n\n\nEarly Klondike Gold drill results yield 5.1 g/t Au over 14.34 meters at Nugget Zone\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n\n\n\n\n\n\nEarly Klondike Gold drill results yield 5.1 g/t Au over 14.34 meters at Nugget Zone\nCanada NewsWire\nVANCOUVER, July 14, 2016\n\n\n\nTSX Venture Exchange Symbol – KG\n\n\n\nVANCOUVER, July 14, 2016 /CNW/ - Klondike Gold Corp. (TSX.V:KG; FRA: LBDP) (\"Klondike Gold\" or the \"Company\") is pleased to announce first assay results from 2016 drilling, and to update progress of ongoing drill testing at the Lone Star and Dominion properties near Dawson City, Yukon Territory.\n\nA total of 41 diamond drill holes have been completed to date as part of the drill program which began in mid-May (see News Release June 14, 2016 and May 18, 2016).  The campaign has averaged nearly one diamond drill hole completion per day using one drill.  A cumulative 3,100 meters of core has been recovered and processed during this period.  Up to an additional 1,500 meters of drilling is planned.  \n\nDiamond drill target areas tested so far include Nugget, and Violet Ridge on the Lonestar Property, and the Hunker target on the Dominion Property.  The 3.5 km long Violet Ridge target area is divided into \"310\", \"Isaac\", and \"Violet Mine\" subzones based on geology.  \n\nHIGHLIGHTS:\n\nNugget Zone drilling intersects visible gold within quartz vein array assaying 5.1 g/t Au over 14.34 meters starting at surface in hole EC16-32, the best result to date at Nugget; extends Nugget Zone 50 meters to east.\n\nInitial drilling at Violet Ridge (310 target) discovers quartz veins with visible gold; assays pending.\n\nInitial drilling at Dominion intersects quartz veins down-dip from c.1900 exploration shaft on 3 meter quartz vein assaying up to 81 g/t Au in prospecting chip samples; assays pending.\n\nPeter Tallman, President of Klondike Gold states \"These early results from Nugget Zone demonstrate the potential for the discovery of lode deposits of consequence within the historic area of th...

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