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Klondike gold trades on the Canadian Venture under the symbol KG.V
Klondike gold trades on the Pinksheets under the symbol KDKGF
Klondike Gold Corp.
began searching in 1987 for the source of the famous Klondike Gold Rush placer gold.
Their first several years of exploration didn’t produce much—the area’s permafrost made digging difficult and
rendered geochemical and geophysical surveys largely ineffective.
Nonetheless, over time and with persistence and advances in exploration techniques, five mineralized zones were discovered.
Gold at the Lone Star project occurs as coarse free gold locally associated with narrow discordant quartz veins
which are believed to be the source of the placer gold that launched the Klondike Gold Rush.
Exploration for economically viable mineral deposits is a high-risk enterprise which holds out the attraction of commensurately high returns when success is achieved. Klondike Gold Corp.'s focus is to start at the high-risk end of the spectrum -- grass roots projects. A successful drill hole, which could subsequently lead to the discovery of an economic deposit, can add extremely high value in relation to the relatively modest amount of capital initially risked.
This involves a process of evaluation and elimination -- first to identify prospects to be acquired, then to apply historically proven exploration methods and modern exploration tools of geochemistry and geophysics. This narrows the selection of properties to be drilled -- the key stage which provides the first significant hint of economic potential.
Klondike Gold Corp.’s portfolio covers mineral exploration for gold, silver, lead and zinc in some of the best known mining areas of Canada. Klondike Gold Corp.’s cost of acquisition for these properties has been relatively inexpensive by getting positioned in the camps when metal prices and exploration activity was low. It is now well positioned to take maximum advantage of improved metal prices and access to exploration capital.
In partnership with Klondie Star, Klondike Gold owned by exceptional Canadian mine-finder Richard Hughes, the stage is set for the dramatic next steps in the journey from discovery to determination of an economically mineable ore body.
In his 35 years of exploration experience Hughes has stated that the Lone Star claims in the Klondike is "one of the most exciting projects" he has ever worked on.
LONE STAR QUARTZ Claims
The Lone Star claims, including famed Eldorado and Bonanza Creeks, are the nexus of the original Klondike Gold Rush. The Klondike is considered to be the richest placer, or surface gold producing area in world history and home to the greatest gold rush the world has known.
The Lone Star claims comprise nearly 1,200 mineral, or underground claims that have been either privately or closely held for the past 108 years. The property has been continuously mined for surface, or placer gold, and is considered to be the richest area of production on the entire Klondike Plateau.
It is estimated that as much as 20,000,000 oz of gold has been mined over the past century and that gold has migrated from sources at the headwaters of Bonanza and Eldorado Creeks. This headwater is known as Lone Star mountain, and is contained within the Lone Star claims.
The Lone Star claims have been the subject of intense exploration by Hughes since 1986, seeking the epithermal source to all that surface gold. Having expended nearly $5,000,000 in exploration, Hughes has discovered three shear zones that run parallel to the nearby Tintina Trench. These shear zones contain quartz sericite schist and fine gold locked in pyrites. The formation also contains lode gold, or nugget gold, and the shear zones appear to be the source of nugget gold in the drainages leading from the mountain. Hughes has identified that these shear zones are the structural features that could host a series of mineable, feasible gold ore bodies.
Indian River, Klondike Star /Kluane (aka Lone Star), Spice, Golden Egg, Red Point, Ron Gold Group, MeteorLake
Base Metal Properties
Fran, Indigo, IOCG Cranbrook South, Irishman, Payday, Matarrow Mine, Cruz,
Kootenay King, Pit, Villebon, JCD
Wawa, ACR-Esquega/Corbiere #2
TSX Venture Exchange Symbol: KG
Pink Sheets U.S. Symbol KDKGF
Registered and Records Offices
711-675 West Hastings Street
Vancouver, BC V6B 1N2
Morgan & Company
P.O. Box 10007 Pacific Centre
1488-700 West Georgia Street
Vancouver, BC V7Y 1A1
Fiscal Year End: February 28
Registrar and Transfer Agent
Computershare Trust Company of Canada
510 Burrard Street
Vancouver, British ColumbiaV6C 3B9
Richard W. Hughes
President & Director
Mr. Richard Hughes, President of Klondike Gold Corp., is widely recognized as one of the original people behind the discovery of the Hemlo gold mines in Ontario and was also behind the discovery of the Balmoral Mine in Quebec. Mr. Hughes controls Hastings Management Corp., and is the president of six companies currently listed on the Toronto Venture Stock Exchange. He was also instrumental in discovering and putting into production the Sleeping Giant Mine (owned 50% by Aurizon Mines and 50% by Cambior), and also the Beaufor Mine (owned by Aurizon Mines). Mr. Hughes' proven track record and extensive experience in the management of public mineral exploration companies enables Klondike Gold to pursue potential world class projects.
Alan D. Campbell
Over the past 25 years, since being Director of Golden Sceptre Resources, Alan Campbell has managed and financed several public mining companies in addition to private real estate companies. He has worked with several national mineral investment funds in the financing of mineral exploration companies. Previous to his involvement in the resource sector Mr. Campbell ran his own real estate financing and development company specializing in commercial properties on the Pacific coast of Canada and the United States.
Dr. Joseph Montgomery
Secretary & Director
Dr. Joseph Montgomery Ph.D., P. Eng. is President of Montgomery Consulting Ltd. and has worked in the mining industry for over 40 years. He is the author of numerous published geological papers and engineering reports. His clientele has included federal and provincial governments as well as several major mining companies.
711-675 West Hastings Street
Vancouver, British Columbia
Canada V6B 1N2