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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

Comment by JRaffleson Mar 22, 2017 12:47pm
130 Views
Post# 26014668

RE:RE:Stop guessing...You'll know everything Thursday Evening..

RE:RE:Stop guessing...You'll know everything Thursday Evening..https://www.klondexmines.com/assets/docs/pdac-presentation-2017.pdf

The above March 3 presentation noted, on page 16, that KDX would provide a true North mineral resource update in 2017 Q1.  This will be the first full mineral resource update since production was started by KDX. 

The finalisation of these numbers, together with the change of accounting policy could have combined to cause a delay.

The objectives listed on the same page referred to the mineral resource estimate and mine plan for Hollister being avaialble in 2017 Q2.  Until production is declared for this mine, this large company investment is being carried by the producing mines.  Hopefully, thursday evening may produce some clarity on when in Q2, news is expected.

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