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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 rodneydangerfiledon Sep 06, 2017 9:58am
272 Views
Post# 26660659

KWANTES REFRESHES KLONDIKE GOLD BUY

KWANTES REFRESHES KLONDIKE GOLD BUYKwantes refreshes Klondike Gold buy 2017-09-05 21:55 ET - In the News James Kwantes, in the Aug. 14, 2017, edition of Resource Opportunities, refreshes his buy of Klondike Gold Corp., recently 34 cents. He previously said buy on Aug. 22, 2016, at 27 cents and on April 30, 2017, at 25 cents. Assuming a $1,000 investment for each of the two buys, the $2,000 position is now worth $2,619. Mr. Kwantes likes the fact that Klondike's backers include Frank Giustra, who owns about 15 per cent of its outstanding shares. The newsletter editor also likes Klondike's properties in the Yukon and is looking forward to additional results from this year's "aggressive" exploration program. Recent highlights from drilling at Klondike's Lone Star property included 41.1 metres of 2.1 grams per tonne gold, 40.9 metres of 2.4 g/t gold and 30.7 metres of 1.6 g/t gold. Assays are currently pending for step-out holes that contained visible gold. If both of those holes are successes, the potential mineralized target length will increase to two kilometres, says Mr. Kwantes. He adds that Klondike recently raised $5-million to help pay for an expanded 80-hole summer drill program. 2017 Canjex Publishing Ltd. All rights reserved.
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