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Klondike Gold 4 km Long Gold Soil Anomaly at Lone Star target
VANCOUVER, BC / ACCESSWIRE / August 16, 2017 / Klondike Gold Corp. (TSX-V: KG; FRA: LBDP) ("Kl...
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[{"type":"text","content":"Klondike Gold 4 km Long Gold Soil Anomaly at Lone Star targetVANCOUVER, BC / ACCESSWIRE / August 16, 2017 / Klondike Gold Corp. (TSX-V: KG; FRA: LBDP) (\"Klondike Gold\" or the \"Company\") has received analytical results from prospecting and from detailed soil sampling at the Lone Star target within the Company's 527 square kilometer Klondike district property, Yukon Territory. \nSummary:\nProspecting grab samples of quartz veins with gold potentially extend the Lone Star target 1,000 meters to the east into Victoria Gulch, and 900 meters to the west past O'Neil Gulch. These outcropping quartz veins are associated with potentially younger faults and have anomalous gold-silver-antimony-bismuth-tellurium geochemistry regionally associated in the Yukon and Alaska with Cretaceous age intrusion related gold mineralization.\nResults from a detailed soil sampling survey at the Lone Star target show a strong, continuous and contourable gold-in-soil anomaly across the entire 4,000 meter length of the survey, open in both directions. The core of the soil anomaly, a contourable range between 75 ppb to 2,891 ppb gold in soils, extends 2,000 meters, is open to the east, and is directly coincident with the drilled 800 meter long outcropping gold mineralization at the Lone Star target.\nKlondike Gold President, Peter Tallman, stated, \"The gold-antimony-silver-antimony-bismuth-tellurium association associated with later faults is potentially significant because this element suite in Yukon and Alaska is associated with Cretaceous age intrusion related gold mineralization. The usual element signature in the Lone Star target and the rest of the Klondike district is gold-only typical of inferred Jurassic age orogenic related gold mineralization, however we are now beginning to consider two styles and ages of potentially overprinting mineralization which expands the exploration potential.\"\nProspecting:\nProspecting results at the Lone Star target have identified three areas of significance. In Victoria Gulch 1,000 meters to the east of the Lone Star target, outcrops have been found to be gold bearing along a 200 meter stretch of creek. Prospecting grab samples of quartz veining from these outcrops assay gold ranging from 0.2 g/t Au to 5.0 g/t Au in all twelve prospecting samples. Other selected elements in these samples are anomalous up to 72 pp...