Published: June 8, 2022 |

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Klondike Gold’s CEO Peter Tallman has told shareholders that the company is aiming to deliver an initial inferred mineral resource in 2022, which could be the first in-situ bedrock gold resource ever identified in the 125-year history of gold exploration in the Klondike Goldfields.

The company could finally identify local bedrock sources of gold to begin accounting for the over 20 million gold ounces extracted from surface placer mining in the creeks and gulches since 1896, according to Tallman.

“We are excited to be working with a diverse group of experts in aspects of orogenic gold deposits and with knowledge of the significant gold deposits of this type in Alaska and beyond,” CEO Peter Tallman said in a statement.

“The company’s recently published technical report includes new geological mapping (which) for the first time ever identifies major thrusts in the Klondike District — a necessary requirement of orogenic gold deposits undocumented in the Klondike until now. This will soon be followed by another milestone ‘first ever’ gold bedrock mineral resource,” added Tallman.

The company’s Klondike District gold project is located in the Dawson Mining District of Yukon, Canada.

Klondike has pipeline targets within its district-spanning 586 square kilometer project that it believes will yield future discoveries, and further demonstrate the economic potential of the historic gold district, which Tallman calls “entirely overlooked”.

A 7,500-meter drill program is underway targeting extensions of stander zone mineralization. The phase 1 drill program is targeting a nearly one-kilometre gap in stander zone mineralization between two, 250 meter drill tested subareas of gold mineralization.

Klondike is hoping to significantly expand the footprint of stander zone gold mineralization.

Source: Proactive Investors

About Klondike Gold
Klondike Gold Corp. is a Vancouver based gold exploration company advancing its 100 percent owned Klondike District Gold Project located at Dawson City, Yukon Territory, one of the top mining jurisdictions in the world. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the famous Klondike Goldfields placer district. The company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, Yukon Territory within the Tr’ondëk Hwëch’in First Nation traditional territory.

To stop by Klondike’s website, CLICK HERE

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