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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 Apr 27, 2004 7:40pm
263 Views
Post# 7409738

News

Newshttps://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-339018-C:KG&symbol=KG&news_region=C&name=Klondike+Gold+Corp&title=Klondike+Gold+to+begin+St.+Joe+drilling+program Klondike Gold to begin St. Joe drilling program 2004-04-27 17:59 ET - News Release Mr. Trygve Hoy reports DRILLING - ST. JOE PROPERTY Klondike Gold will begin drilling the St. Joe property, located approximately eight kilometres west of Cranbrook in southeastern British Columbia. The property is located immediately east of the Bar prospect, which has undergone extensive recent exploration by Chapleau Resources Ltd. It covers as area of approximately 14 square kilometres, from north of Jim Smith Lake to Kiakho Creek. The St. Joe property extends approximately 1,500 metres along the Cranbrook fault immediately east of the Kiakho stock. The Cranbrook fault and the stock are both assumed to be the main controls for gold mineralization in the area. Previous work on St. Joe has been mainly directed toward base metal mineralization farther south. Work, which is expected to begin next week by Beaupre Drilling Co., will include drilling two holes, to depths of approximately 200 metres, to test the downdip extension of the Cranbrook fault zone. Considerable alteration, quartz veining and small intrusive dikes are exposed within the fault at surface. On completion of this short program, drilling will commence on the Thea gold property where drilling and trenching last summer extended the gold-quartz vein system through a strike length of more than 600 metres.
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