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Klondike Gold Discovers Up to 52.7 g/t Au (1.69 opt Au) at Wasp Showing, Up to 46.6 g/t Au (1.50 opt Au at Archy Showing

VANCOUVER, BC / ACCESSWIRE / October 2, 2024 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KD...

articleKlondike Gold Corp.October 2, 20244/company/klondike-gold-corp/news/klondike-gold-discovers-up-to-527-gt-au-169-opt-au-at-wasp-showing-up-to-466-gt-au-150-opt-au-at-archy-showing
Klondike Gold Discovers Up to 52.7 g/t Au (1.69 opt Au) at Wasp Showing, Up to 46.6 g/t Au (1.50 opt Au at Archy Showing

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[{"type":"text","content":"Klondike Gold Discovers Up to 52.7 g/t Au (1.69 opt Au) at Wasp Showing, Up to 46.6 g/t Au (1.50 opt Au at Archy ShowingVANCOUVER, BC / ACCESSWIRE / October 2, 2024 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) (\"Klondike Gold\" or the \"Company\") is pleased to announce rock sample assay results from new gold discoveries targeting orogenic gold mineralization at the new Archy and Wasp Showings within the Company's 100% owned 727 km2 Klondike District Property (the \"Property\") in the Dawson mining district, Yukon, Canada. (see Figure 1).Peter Tallman, Klondike Gold's President & CEO states; \"Our 2024 drilling and sampling season was highly productive, with quantifiable advancements in discovering additional high grade gold zones and refining mineralization controls. Importantly, the new identification and understanding of the Eldorado Fault structural corridor as a locus of gold mineralization is delivering positive exploration successes and outlining substantial drill targets. Exploration in 2024 has documented 450 meters of vertical height to gold mineralization implying multiple vertically stacked gold vein zones and deeper targets to test. The 5 kilometers of length to mineralization along the Eldorado Fault remains open. Exploration this season has increased the gold potential of our district significantly, especially as other extensional and parallel structural corridors are coming into view. Now we await drill assay results primarily targeting expansion of the Stander Zone mineral resource area and Gay Gulch showing mineralization.\"Highlights SummaryThe newly mapped \"Eldorado Fault\" is a fundamental structural corridor controlling high-grade gold emplacement. In the northeast end of the Property, this structural corridor is associated with the Lone Star mineral resource area1 (elevation 980m ASL), the Stander Zone mineral resource area1 (elevation 750 m ASL), the Gay Gulch Zone drilled prospect (elevation 670 m ASL), and the newly discovered Archy Showing (elevation 830 m ASL) and Wasp Showing (elevation 535 m ASL) among others. Gold zones in this vicinity are shown to occur over a vertical elevation of 450 meters and a length of 5 kilometers.At the Archy #1 Showing, four rock samples over a 2m x 4m outcrop area contained visible gold and assayed 12.2, 13.4, 20.4, and 46.6 g/t Au (0.39 to 1.50 opt Au)....

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