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Klondike Gold Makes New High Grade Discovery; Intersects 90.55 g/t Au (2.91 oz/t Au) over 0.55 Meters and 5.49 g/t Au over 6.50 Meters at Stander Zone

VANCOUVER, BC / ACCESSWIRE / January 15, 2024 / Klondike Gold Corp. (TSX.V:KG)(FRA:LBDP)(OTCQB:KD...

articleKlondike Gold Corp.January 15, 20243/company/klondike-gold-corp/news/klondike-gold-makes-new-high-grade-discovery-intersects-9055-gt-au-291-ozt-au-over-055-meters-and-549-gt-au-over-650-meters-at-stander-zone
Klondike Gold Makes New High Grade Discovery; Intersects 90.55 g/t Au (2.91 oz/t Au) over 0.55 Meters and 5.49 g/t Au over 6.50 Meters at Stander Zone

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[{"type":"text","content":"Klondike Gold Makes New High Grade Discovery; Intersects 90.55 g/t Au (2.91 oz/t Au) over 0.55 Meters and 5.49 g/t Au over 6.50 Meters at Stander ZoneVANCOUVER, BC / ACCESSWIRE / January 15, 2024 / Klondike Gold Corp. (TSX.V:KG)(FRA:LBDP)(OTCQB:KDKGF) (\"Klondike Gold\" or the \"Company\") is pleased to report prospecting and diamond drill results from the Stander Zone on the Company's 100% owned Klondike District Property (the \"Property\") in the Dawson mining district, Yukon, Canada.HIGHLIGHTS:High-grade gold has been discovered at the Stander Zone extending the mineralization to the east along each of two quartz-filled ‘shear vein' sub-parallel structures.DDH EC23-508 intersected 90.55 g/t gold (2.91 troy oz/t Au) over 0.55 meters shear vein from 21.05 meters within 1.65 g/t Au over 36.65 meters including gold-bearing sheeted extensional veins.DDH EC23-510 intersected 38.15 g/t gold (1.23 oz/t Au) over 0.50 meters shear vein from 92.70 meters within 5.49 g/t Au over 6.50 meters including gold-bearing sheeted extensional veins.DDH EC23-511 intersected 39.59 g/t gold (1.27 oz/t Au) over 0.52 meters shear vein from 49.78 meters within 1.12 g/t Au over 20.90 meters including gold-bearing sheeted extensional veins.DDH EC23-514 intersected 30.30 g/t gold (0.97 oz/t Au) over 0.50 meters from 98.65 meters within wider 8.68 g/t Au over 2.10 meter shear veining interval.DDH EC23-514 returned 8.68 g/t Au over 2.10 meters interpreted to have intersected the same shear as EC23-510 located 160 meters along strike at the same relative elevation.Visible gold (\"VG\") was identified in fault controlled quartz vein zones in four of seven drill holes corresponding with >30 g/t Au assay intersections in each:EC23-508 contained 2 VG between 21.3m to 21.4m, (90.55 g/t Au over 0.55m)EC23-510 contained 4 VG between 89.7m to 95.0m, (38.15 g/t Au over 0.50m)EC23-511 contained 2 VG at 49.9m, also at 62.7m, (39.59 g/t Au over 0.52m)EC23-514 contained 1 VG at 100.2m, (30.30 g/t Au over 0.50m)Gold intersections on each of these structures remain open. These are priority targets for 2024 follow up.Peter Tallman, Klondike Gold's President & CEO states; \"The discovery of gold associated with historically unrecognized shear veins, distinguishable from sheeted extension veins, validates our view of the potential for the Klondike to host multipl...

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