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Klondike Gold Corp V.KG

Alternate Symbol(s):  KDKGF

Klondike Gold Corp. is a Canada-based gold exploration company. The Company is engaged in advancing its 100%-owned Klondike District Gold Project located at Dawson City, Yukon Territory. The Klondike District Gold Project targets gold associated with district scale orogenic faults along the 55-kilometer length of the Klondike Goldfields placer district. Its Yukon Placer Gold properties include the Upper Eldorado Creek, Eldorado Creek Bench and Montana Creek (McKinnon Creek or Indian River) Placer Projects. The Company holds interest in the mining claims, such as the Sophie mining claims, and the Burkhard claims. The Company also has an interest in the Gimlexs mining claims located in the Dawson mining district, Yukon Territory. Its Upper Eldorado Creek property is contained wholly within the Company’s Klondike District Property, Yukon Territory. The Company also holds a 100% interest in the Montana Creek Placer Project property located south of Dawson City, Yukon Territory.


TSXV:KG - Post by User

Bullboard Posts
Post by cguyon Jul 07, 2006 9:25pm
215 Views
Post# 11077660

Wind Power For Lonestar Mine

Wind Power For Lonestar MineHmmmm... This would not be nessesary unless they are serious about a mine. CGUY Klondike Star Scoping Study Expanded to Assess Energy Alternatives for Lone Star Mine Development 2006-06-27 12:55 ET - News Release SEATTLE, June 27 /CNW/ - Donald W. Flinn, Vice President, Operations for Klondike Star Mineral Corporation (OTCBB:KDSM) is pleased to announce a wind energy resource assessment has been initiated on the Lone Star Project property. It will help to identify cost-effective, renewable energy options for mine development. Energy supply is an important issue in the scoping study. (Press release #13-2005) Klondike Star has contracted with Leading Edge Projects Inc. and partners, one of the most proven and knowledgeable northern wind development groups in North America with experience serving mining projects, to design and install wind resource monitoring equipment that can accommodate northern temperature and icing conditions. In 2001, John Maissan, P.Eng., President of Leading Edge Projects Inc. received the R.J. Templin award for technical leadership in the development of northern wind technology in Canada from the Canadian Wind Energy Association (www.canwea.ca). "Klondike Star is delighted to attract the services of a superior team of wind energy specialists to determine what role this renewable energy alternative can play in the supply mix for Lone Star Project mine planning", said Hans Boge, President, Klondike Star Mineral Corporation. Boge also said, "Furthermore, our efforts to prepare a thorough and top notch scoping study underline our vision which is to explore for and develop new mines". The first wind monitoring tower is expected to be installed on the top of the Eldorado Dome in June, complete with a battery bank supplied by power from smaller wind turbines. If, as expected, sufficient wind is available, the site and others in the general vicinity can accommodate at least a 5-10 megawatt wind farm. Klondike Star's Environment and Sustainable Development Policy drives the company focus on energy conservation and efficiency and a preference for renewable energy solutions for its electrical power and energy requirements. The Lone Star Project is an advanced, late stage exploration project that is being studied for potential mine development. About Klondike Star Klondike Star Mineral Corporation is an established exploration and development company actively working on eight major properties in the Yukon Territory, Canada. Klondike Star Mineral Corporation is developing mineralized zones on a 390 square kilometre (150.6 square miles) land position underlying the site of the Klondike Gold Rush, and 93 square kilometers (35.9 square miles) of select high potential targets in other parts of the Yukon. The famous Klondike goldfields have been in constant surface mining production since the discovery of gold in 1896. Thousands of ounces of gold continue to be produced from placer mining operations each year on streams in the Klondike. The company owns extensive subsurface and surface mining rights in the Klondike mining district. The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
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