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Klondike Gold Drills 1.66 g/t Au over 36.55 meters and 1.01 g/t Au over 96.0 meters at Lone Star Zone
VANCOUVER, BC / ACCESSWIRE / March 18, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC P...
About this update from Klondike Gold Corp.
[{"type":"text","content":"Klondike Gold Drills 1.66 g/t Au over 36.55 meters and 1.01 g/t Au over 96.0 meters at Lone Star ZoneVANCOUVER, BC / ACCESSWIRE / March 18, 2021 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) (\"Klondike Gold\" or the \"Company\") is pleased to report results of 2020 Phase 4 diamond drilling at the Lone Star Zone on the Company's 586 square kilometer Klondike District Property near Dawson City, Yukon Territory.These latest results continue to demonstrate strong intervals of near-surface gold both within and outside the currently defined Lone Star Zone gold mineralization model shell. This is encouraging and affirms the Company's efforts to outline gold mineralization that will form the basis of a maiden resource estimate planned for 2022.Highlights from the thirty holes reported here from Lone Star Zone include:36.55 m of 1.66 g/t Au from 7.75 meters downhole in LS20-37341.00 m of 1.00 g/t Au from 10.00 meters downhole in LS20-37534.10 m of 0.72 g/t Au from 2.40 meters downhole in LS20-37613.40 m of 1.18 g/t Au from 0.60 meters downhole AND 15.00 m of 1.43 g/t Au from 36.00 m downhole in LS20-38096.00 m of 1.01 g/t Au from 15.00 meters downhole in LS20-381The 2020 Phase 4 drill program consisted of 30 short holes totaling 2,893 meters targeting the Lone Star Zone across a 3,265 meter length. (See also News Releases October 12, 2020 and February 3, 2021).Peter Tallman, Klondike Gold's CEO stated, \"The best holes reported today target gaps in the Lone Star Zone central area mineralization model. Results are positive and as expected continue to show strong, continuous gold mineralization. Importantly the recognition of sheeted quartz vein subzones containing higher grades of gold is also a very positive and interesting result. Other drill assays reported today from outside the current extent of our Lone Star Zone mineralized envelope show there are excellent opportunities to significantly expand in all directions including at depth. We have an abundance of targets to test with our 2021 drilling that will build toward our goal of completing a maiden resource estimate, and the team is excited to get started on this year's field work.\"SUMMARY OF RESULTS:Lone Star Zone Central Area:A cross-section of central Lone Star Zone (see Figure 1) depicts gold mineralization starting at surface, extending approximately 100 meters in...