Phase 3 Drill on Fire Creek begins
Trading Symbol: KDX (TSX Venture) Tuesday, January 18, 2005
KLONDEX BEGINS PHASE 3 DRILLING ON 100% OWNED FIRE CREEK GOLD
PROPERTY IN THE BATTLE MOUNTAIN-EUREKA TREND IN NEVADA
Vancouver, British Columbia: Klondex Mines Ltd. (the “Company”) announces the start up of Phase 3 drilling program at its 100% owned Fire Creek Property, located on the Northern Nevada Rift in the Battle Mountain-Eureka Trend in Nevada. Phase 3 is planned to consist of 9 drill holes totaling 3,325 meters (10,900 feet). Some holes will be “pre-collared” with a reverse circulation drill to a pre-determined depth and then completed to target depth with a diamond drill rig. Table 1 lists the locations and targets for all holes to be drilled by the Company by section. Figure 1 is a plan map of the drill hole and gold vein locations.
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