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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 Sep 03, 2004 8:54pm
339 Views
Post# 7885341

What I Know?........NEWS

What I Know?........NEWSOK, I don't know squat but it looks like Richard Knows. "Dark, sulphide-rich".... Sounds interesting. cguy Klondike Gold completes two holes at Sully 2004-09-03 14:14 ET - News Release Mr. Richard Hughes reports PROGRESS REPORT: SULLY PROPERTY Klondike Gold Corp. has completed two drill holes on the Sully property located on the western slopes of the Northern Hughes range approximately 25 kilometres due east of the Sullivan deposit in southeastern British Columbia. The Sully property was optioned from Lone Peak Placer Ltd., which had identified minor surface zinc mineralization along the inferred Sullivan horizon and a large gravity anomaly that overlies the projected downdip extension of the horizon. Both holes intersected thick sequences of dark argillites (mudstones) with anomalously high concentrations of sulphides. The following descriptions are taken from the logs and reports of D. Pighin, property geologist. DDH Sully-04-01, an angle hole that was drilled to a depth of 431 metres, intersected a continuous succession of dark, silty argillite with considerable sulphides, mainly as one-to-two-centimetre-thick pyrrhotite laminae that locally contain minor sphalerite. DDH Sully 04-02, collared approximately 430 metres to the west, was an angle hole drilled to a depth of 508 metres toward Sully 04-01. It intersected 243 metres of black, locally calcareous, silty argillite with abundant pyrrhotite and pyrite in both layer-parallel laminae and veins, as well as disseminated. From 261 to 414 metres, these laminae are typically one to two centimetres thick and contain weakly disseminated sphalerite and rare galena. The total true thickness of the dark, sulphide-rich argillite package, based on correlations between the two holes, is approximately 520 metres. One-metre core intervals will be split and sent to Acme Analytical Laboratories in Vancouver for analyses. Proposed further work on the Sully property will include some additional surface mapping, a re-evaluation of the gravity data and additional geophysical surveys followed by drilling. This drilling will target strike extensions of the thick sulphide-rich argillite package, as well as the extension of the known gravity survey to the south. The qualified person supervising this project, under the definitions established by National Instrument 43-101, is Trygve H"y.
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