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Klondike Gold Nugget East Target Assays 2.36 g/t Au over 22.86 meters and 2.22 g/t Au over 21.34 meters
VANCOUVER, BC / ACCESSWIRE / January 24, 2019 / Klondike Gold Corp. (TSX.V: KG; FRA: LBDP; O...
About this update from Klondike Gold Corp.
[{"type":"text","content":"Klondike Gold Nugget East Target Assays 2.36 g/t Au over 22.86 meters and 2.22 g/t Au over 21.34 metersVANCOUVER, BC / ACCESSWIRE / January 24, 2019 / Klondike Gold Corp. (TSX.V: KG; FRA: LBDP; OTC: KDKGF) (\"Klondike Gold\" or the \"Company\") is pleased to report assays from the final 27 drill holes of the 2018 drill program testing various targets including the Nugget Zone at the Company's wholly owned Klondike District Property, Yukon Territory.The most significant new near-surface gold intersections come from the Nugget East Target, particularly hole EC18-230 assaying 2.36 g/t over 22.86 meters from 9.14 meters downhole and EC18-234 assaying 2.22 g/t over 21.34 meters from 49.68 meters downhole. These gold intersections, plus EC15-15 and EC15-16 from the 2015 drill program outline a new gold-mineralized subzone of 115 meters strike length which remains open and requires follow-up testing.The overall objective of drilling at the Nugget area was to test targets within the Eldorado Creek drainage in proximity to the interpreted Nugget Fault and Irish Fault. Gold intersected along the Nugget Fault in particular has been shown to be one of the sources of the rich Eldorado Creek alluvial placer gold deposits from the past century. The Nugget Zone plus the Nugget East, Oro Grande, and Glacier targets lie along the Nugget Fault. The French target lies along the Irish Fault. Drilling encountered vein-array hosted gold mineralization in all intersections. Host rocks were typically brittle mafic schists, and/or felsic schists. In comparison, the Lone Star Zone is hosted by a more ductile intermediate schist.An updated plan map of drill hole locations in this news release is available on the Company's website http://www.klondikegoldcorp.com/photos/gallery/2018-drill-maps. A full table of weighted average gold assays for the 27 holes EC18-215 to EC18-241 are below:TABLE OF DRILL RESULTS FROM NUGGET AREA TARGETS: Hole ID From (m) To (m) Au (g/t) Interval (m) Target EC18-215 NSV Nugget Zone EC18-216 6.00 7.50 3.39 1.50 Nugget Zone EC18-217 41.00 63.00 0.29 22.00 Nugget Zone EC18-218 52.00 59.00 0.50 7.00 Nugget Zone EC18-219 NSV Nugget Zone EC18-220 72.00 73.00 0.55 1.00 Oro Grande EC18-221 NSV Oro Grande EC18-222 13.45 37.00 0.89 23.55 Nugget East EC18-223 36.00 52.00 0.18 16.00 Nugget East EC18-224 NSV Nugget East EC18-225 60.50 67.00 0...