Klondike Gold Intersects 4.39 g/t Gold over 6.95 Meters at Gay Gulch Gold Showing

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[{"type":"text","content":"Klondike Gold Intersects 4.39 g/t Gold over 6.95 Meters at Gay Gulch Gold ShowingVANCOUVER, BC / ACCESSWIRE / December 6, 2023 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTCQB:KDKGF) (\"Klondike Gold\" or the \"Company\") is pleased to report 2023 mapping, rock sampling and diamond drilling results from nine holes at the Gay Gulch gold showing on the Company's 100% owned Klondike District Property (the \"Property\") in the Dawson mining district, Yukon, Canada.HIGHLIGHTS:DDH EC23-501 returned 4.39 g/t gold over 6.95 meters from 19.55 meters.DDH EC23-502 returned 14.08 g/t gold over 1.10 meters from 17.10 meters.Gay Gulch showing outcrop assays gold up to 108.1 g/t Au (3.46 opt Au).Major low angle thrust faults identified at the Gay Gulch showing are interpreted to control emplacement of gold-bearing shear veins and associated sheeted veins.The highest-grade rock grab samples (108.1 g/t Au (3.45 opt Au) reported here, and 4,064 g/t Au (143 oz/t Au) reported previously (see NR February 21, 2023) are from an interpreted shear vein array.Granite is identified by mapping and whole rock analyses at Gay Gulch. Granite is present within (imbricate) thrust slices. Gold is present in shear veins and sheeted quartz veins developed preferentially along the granite margins. This association is typical at the gold deposit-scale of important orogenic gold districts worldwide.Peter Tallman, Klondike Gold's President & CEO, states; \"The collaboration this summer with orogenic gold experts' Rich Goldfarb and Ben Frieman has produced consequential exploration insights into the geology and structural controls affecting gold mineralization within the Klondike District. Positive systematic exploration results following these insights includes high gold grades from Dominion, Gold Run, and now Gay Gulch. The recognition and documentation of gold-related thrusting consistent with predictive orogenic gold models at specific gold showings and gold resource areas is a gigantic step forward. These continuing positive 2023 results will have an even greater impact going forward. I believe we'll look back on the 2023 season as a breakthrough moment in the development of the historic Klondike Gold District.\"GAY GULCH AREA 2023 WORK PROGRAM RESULTSProspecting, mapping, and diamond drilling was conducted at the Gay Gulch gold target located 800 meters across...

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