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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Bullboard Posts
Post by justlikethaton Jul 29, 2013 2:52pm
455 Views
Post# 21637132

MDI Securities

MDI SecuritiesMarc Pais, MGI Securities (7/29/13) "Today, Klondex Mines Ltd. reported that underground development work at the Joyce and Vonnie vein structures yielded 1,435 tons of mineralized material at an average grade of 119.8 g/t (3.49 oz/t) gold. Last week the company announced that it had secured bridge loans totaling $2.4M, and had also secured an agreement with Newmont Mining Corp. to begin processing its higher grade mineralization. . .we believe that today's production results indicate that Klondex is now well on the way to becoming a self-sustainable, profitable mining company."
Bullboard Posts