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KDKGF at .0261 is a sleeping giant that could and should wake up within a few months, the trick is always to get your ticket early and hang on for the roller coaster ride.
Klondike Gold Corp. Commences Drilling on Clubine Gold Property
Press Release
Source: Klondike Gold Corp.
On 1:38 pm EDT, Monday October 26, 2009
http://finance.yahoo.com/news/Klondike-Gold-Corp-Commences-ccn-2587646311.html?x=0&.v=1
Companies:KLONDIKE GOLD CORP. (Tier2)
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 26, 2009) - Klondike Gold Corp. (the "Company")(TSX VENTURE:KG - News) is pleased to announce it is commencing drilling on the Clubine property, located approximately 5 kilometers north of Salmo, British Columbia. The Clubine property is a past producing precious metal-lead-zinc property wholly owned by Klondike Gold Corp. Mineralization occurs as a number of quartz and quartz-carbonate precious and base-metal veins in the upper 500 metres of the Hall Formation and lower part of the Elise Formation, in the Keystone Mountain area. The old workings are on five levels; quartz veins in the uppermost level have elevated lead-zinc values whereas the lower levels have higher gold values. In 1989, diamond drilling intersected gold-bearing quartz veins and silicified zones beneath the No. 5 level of the Clubine-Comstock (082FSW200) occurrence (Cooke, 1990). Gold occurs in the vein quartz and also within adjacent broad silicified and pyritic zones. Based on results from the 1989 work, the Company is drilling both above and below the Number 5 level for gold zones discovered in underground workings and to determine strike and depth of surface mineralized structures.
The qualified person for the purpose of National Instrument 43-101 is Dr. Trygve Hoy, PEng, who has read and agreed with the technical information in this news release.
About Klondike Gold Corp
Klondike Gold is a large landholder in southeastern British Columbia as well as in the Klondike District of the Yukon Territory, an area which produced between six and twelve million ounces of gold during its historic gold rush. The Company also holds a 50% interest with partner Chalice Diamond Corp in approximately 78,000 acres of diamond properties located in the Chapleau-Wawa region of Ontario and a number of properties in southeastern British Columbia.
Please visit the Company's website: www.klondikegoldcorp.com for more information on the diamond properties in Ontario, our holdings in the Klondike and our properties in southeastern BC.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Contact:
Alan Campbell or Kevin HullHughes Exploration GroupInvestor Relations(604) 685-2222info@klondikegoldcorp.com
Can Gold and Silver Equities Expect +5,000% Returns Again?
Posted Monday, 5 October 2009
Source: GoldSeek.com
By: Lorimer Wilson
http://news.goldseek.com/GoldSeek/1254749728.php
another round of drilling to be starting soon, they are after that illusive gold that fed the Bonanza creek that was the mainstay of the Klondike gold rush,,,
very very speculative here but for me a 100K share position is the gamble I am willing to take
Klondike Gold Corp. Options Ron Gold Property to Anglo Swiss Resources
9/24/2009 3:43:26 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Sep 24, 2009 (MARKETWIRE via COMTEX News Network) --
Klondike Gold Corp. (the "Company") (TSX VENTURE: KG) is pleased to announce, subject to regulatory approval, that it has entered into an Option/Joint Venture Agreement (the "Agreement") with Anglo Swiss Resources Inc. ("Anglo") wherein Anglo will earn up to a 60% interest in the Company's Ron Gold property. The Ron Gold Property consists of 37 contiguous staked mineral claims and one crown granted mineral claim covering 1,492 hectares. Consideration from Anglo consists of paying $200,000, issuing 100,000 Anglo shares and incurring up to $650,000 in exploration expenditures by the 4th anniversary of this Agreement. This Agreement is subject to an underlying agreement with an arm's length party that comes with a 2% net smelter return royalty (the "Original Royalty Interest"). Anglo may at any time purchase three-quarters (1.5%) of the Original Royalty Interest from the holder of the Original Royalty Interest for $500,000. The Company also holds an additional royalty equal to 1% of net smelter returns (the "Second Royalty Interest"). Anglo may at any time purchase 100% of the Second Royalty Interest from the Company for $500,000. A finder's fee in the amount of $5,000 is also payable.
Upon completion of the 60% earn-in, a joint venture will be formed between the Company and Anglo.
The Ron Gold claims are situated on the eastern, western and southern borders of Anglo's 100% owned Kenville Gold Mine Property. This acquisition greatly enhances Anglo's land position to the south, which extends the potential strike length of the regional geological trend along the Silver King Shear. The Silver King Shear is the host to numerous historical gold and silver mines in southeastern British Columbia including Anglo's Kenville Gold Mine.
Anglo's consultants are presently developing a geological computer model of the Kenville property area, which includes structural geology, the mineralized quartz vein system, and previously mined underground workings. The addition of the Ron Property geological data will allow Anglo Swiss to expand its geological model to include more regional geology, which will assist in determining mineralized zones of interest on both properties.
The Company also announces that it has arranged for a private placement to up to 10,000,000 units for total proceeds of up to $400,000. The financing will consist of flow through units priced at $0.04 per unit and non-flow through units priced at $0.025 per unit. Each of the units will consist of one flow through or non-flow through common share and one non-flow through, non-transferable share purchase warrant entitling the holder to purchase one additional common share for five years at a price of $0.05 per share in the first year and $0.10 per share for the remaining four years. In accordance with Exchange policies, finders' fees may be paid on the funds raised. The private placement is subject to regulatory approval.
About Klondike Gold Corp.
Klondike Gold is a large landholder in the Klondike District of the Yukon Territory, an area which produced between six and twelve million ounces of gold during its historic gold rush. The Company also holds a 50% interest with partner Chalice Diamond Corp in approximately 78,000 acres of diamond properties located in the Chapleau-Wawa region of Ontario and a number of properties in southeastern British Columbia.
Please visit the Company's website: www.klondikegoldcorp.com for more information on the diamond properties in Ontario, our holdings in the Klondike and our properties in southeastern BC.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Contacts: Hughes Exploration Group Alan Campbell Investor Relations (604) 685-2222 Hughes Exploration Group Kevin Hull Investor Relations (604) 685-2222 info@klondikegoldcorp.com www.klondikegoldcorp.com
SOURCE: Klondike Gold Corp.
mailto:info@klondikegoldcorp.com http://www.klondikegoldcorp.com
Copyright 2009 Marketwire, Inc., All rights reserved.
I have a call in to IR but Kevin is away for a few days, I expect to get an update on the Klondike Star j/v and the latest drilling at the Irishman Property in southwestern British Columbia
we shall see.
no they post the bid ask on ks.v then you have to convert from canadian to american, pain in the butt I have to call my broker to buy but can sell without him
I will continue following the board, and when I see profits from other plays I may try and take an initial position. I will let you know when that time comes. Are they posting a daily bid/ask?
I have finished buying for the current time, I may pick up some more later but I have been on this for a few months now. This one is a hard one to get a handle on, I thought my .059 buy was a deal when I got it, but turns out I was early, my .02 buy brought my average down to .041. Other research is getting in the way of this one but I still think there is lots of time here.
thanks, have you been able to get any?
those were broker buys, they tend to get special treatment sometimes if the order is large enough the seller will reduce the ask.
you and I are on the bottom of the totem pole unless we have large orders going in.
so when they sell it seems its always at .03, you haven't been able to get any? I wonder why???
Here are all the trades for : KG on 5/ 21/2009 involving broker 27.
10 Records Returned
Trades
Exchange Date Price Change Volume Buyer Seller Markers
V 2009-05-21 13:02:48 0.03 0.005 94,000 27 Dundee 1 Anonymous K
V 2009-05-21 13:02:48 0.03 0.005 6,000 27 Dundee 79 CIBC K
V 2009-05-21 13:02:48 0.03 0.005 23,000 27 Dundee 7 TD Sec K
V 2009-05-21 13:02:48 0.03 0.005 106,000 27 Dundee 1 Anonymous K
V 2009-05-21 13:02:48 0.03 0.005 12,000 27 Dundee 7 TD Sec K
V 2009-05-21 13:02:48 0.03 0.005 140,000 27 Dundee 2 RBC K
V 2009-05-21 13:02:48 0.03 0.005 100,000 27 Dundee 79 CIBC K
V 2009-05-21 13:02:48 0.03 0.005 20,000 27 Dundee 7 TD Sec K
V 2009-05-21 13:02:48 0.03 0.005 10,000 27 Dundee 79 CIBC K
V 2009-05-21 13:02:48 0.03 0.005 10,000 27 Dundee 7 TD Sec K
Klondike Gold Corp.: Drilling Intersects 155 Meters of 'Sullivan Horizon' at Irishman Project
On Thursday May 21, 2009, 1:00 pm EDT
Buzz up! Print VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 21, 2009) - Klondike Gold Corp. (TSX VENTURE:KG - News; the 'Company') is pleased to announce highly encouraging results from a recently drilled hole that intersected 155 meters of the prospective Sullivan horizon at the Irishman Property in southwestern British Columbia. The project is a joint venture with Sedex Mining Corp. (TSX VENTURE:SDN - News).
The drilling by operator Klondike Gold was part of an ongoing exploration effort focused on the search for sedimentary exhalative (SEDEX) deposits similar to the world-class Sullivan Mine near Kimberley, which closed in 2001 after producing more than 150 million tonnes averaging 6.9% lead, 5.1% zinc and 67 g/t silver.
Along with partner Sedex Mining Corp., the 'Company' is encouraged by the results of the recently drilled hole, which represents the thickest Sullivan-time interval intersected to date. The work programs are under the direction of Trygve Hoy, Ph.D. P. Eng., a former provincial government geologist who is now a world-recognized expert on the setting and controls for Sullivan type deposits in the Proterozoic Purcell Basin of southern BC. "This is an exciting drill hole, the best we have ever done and probably the best that has ever been drilled in the Purcell basin outside of the Sullivan area," stated Dr. Hoy.
The Irishman hole, completed to a depth of 1,520 meters in late October of 2008, tested the Sullivan horizon at the south end of the Panda basin, a north-trending structural basin similar to the Sullivan basin hosting the past-producing Sullivan Mine, 40 km to the north. The 155 meters of Sullivan horizon intersected by the Irishman drill-hole exhibit many characteristics of exhalative activity, typical of the distal fringes of SEDEX mineralization in a basin setting. This favourable horizon comprises mainly massive sulphide fragmentals with zones of alteration and visible sulphides - pyrrhotite, sphalerite and galena - mineralization.
Selected assays of the mineralized intervals are given below. More complete analyses will be posted on Klondike Gold's website, www.klondikegoldcorp.com.
----------------------------------------------------------------------------
Sample Depth (m) Interval (m) Zn ppm Pb ppm Ag ppm Cd ppm
----------------------------------------------------------------------------
866328 1414.4 m 0.6 m 785 4137 1.2 9.4
----------------------------------------------------------------------------
866331 1417.3 m 0.33 m 2168 6861 4.7 24.5
----------------------------------------------------------------------------
866337 1424.0 m 1.0 m 2511 3286 6.7 11.7
----------------------------------------------------------------------------
866339 1426.0 m 1.0 m 3923 4769 9.1 14.7
----------------------------------------------------------------------------
866340 1427.0 m 1.0 m 2764 5167 7.3 17.2
----------------------------------------------------------------------------
866348 1451.2 m 1.0 m 161.1 2325 0.5 7.6
----------------------------------------------------------------------------
866358 1466.0 m 1.0 m 65.1 4649 0.8 26.3
----------------------------------------------------------------------------
866364 1505.7 m 1.8 m 775 3376 0.8 7.8
----------------------------------------------------------------------------
The initial exploration programs led by Dr. Hoy were designed to identify Proterozoic-age structural basins similar to the Sullivan basin. These programs successfully identified six structural basins, which were each drill-tested by one or more widely spaced holes. Initial drilling within the favorable Panda basin intersected distal base metal sulphide mineralization at the right Sullivan time horizon and was followed by additional holes to help define the limits of the basin. These six previously drilled holes also showed that the sulphide content is increasing to the south, near the intersection of the basin axis with a northeast-trending Proterozoic-age fault.
Drilling of the Irishman Target began in 2007, but stopped short of the target depth because of heavy winter snow conditions. Completing the drill hole was a priority project in 2008. The newly released intercepts from this target, with combined lead and zinc grades up to 0.9%, represent one of the highest - if not the highest - grades of Sullivan horizon mineralization drilled in the Purcell Supergroup outside of the Sullivan basin itself. Furthermore, the relatively high metal values and the thick Sullivan horizon suggest that the hole is near the center of the Panda basin on possibly the fringes of more massive mineralization. The nearest two drill holes to Sullivan time are located about 2 to 3 km to the east and northeast respectively.
Based on these encouraging results, the partners believe that further exploration for Sullivan-type massive sulphide mineralization in the Panda basin is warranted. Down-hole geophysics, followed by step-out drilling to the north-northwest is proposed toward a surface exposure of a small exhalite vent (the Gerry vent).
The Panda basin is one of several small basins (including Sullivan) that developed on an ocean floor nearly 1.6 billion years ago as a result of regional extension and/or rifting. Detailed studies of the Sullivan basin over many years have led to the recognition of the controls of sulphide accumulation in this and other basins. Klondike Gold recognized similar features in the Panda Basin, which allowed it to systematically target the projected source of sulphide accumulation. The Company has also defined several other less-tested basins that remain exciting exploration targets.
Exploration for massive sulphide mineralization at projected depths of 1,000 to 1,500 meters is both difficult and expensive. However the success of previous exploration programs in first defining Proterozoic structural basins, then evaluating these basins, and finally vectoring toward a sulphide source area with limited, widely spaced deep drill-holes bodes well for future exploration success in this prospective region.
The Qualified Person for the purpose of National Instrument 43-101 is Trygve Hoy, who has read and agreed with the contents of this news release.
About Klondike Gold Corp
Klondike Gold is a large landholder in the Klondike District of the Yukon Territory, an area which produced between six and twelve million ounces of gold during its historic gold rush. The Company also holds a 50% interest with partner Chalice Diamond Corp in approximately 78,000 acres of diamond properties located in the Chapleau-Wawa region of Ontario and a number of properties in southeastern British Columbia.
Please visit the Company's website: www.klondikegoldcorp.com for more information on the diamond properties in Ontario, our holdings in the Klondike and our properties in southeastern BC. You will also find Smartstox interviews with company President, Richard Hughes located on the website.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Contact:
Kevin Hull
Hughes Exploration Group
Investor Relations
(604) 685-2222
info@klondikegoldcorp.com
yep thats what I figured, watching the board.
I have been buying Klondike gold from .02 to .056 over the past couple of months, I think this will be a viable mine and could be a retirement saver, however it will take time,
Have you been able to get shares? What price if so?
Klondike Gold Corp.-Purcell Basin, BC: Massive Sulphide Exploration Update
10:57a ET May 19, 2009 (Market Wire)
Klondike Gold Corp. (TSX VENTURE: KG) (the "Company") has led a detailed and comprehensive exploration program focused on the search for "Sullivan-type" massive sulphide deposits in the Purcell Basin of southwestern British Columbia since 2002. These programs were conducted in partnership with Sedex Mining Corp., Abitibi Mining Corp, Golden Chalice Resources Inc. and Supergroup Holdings Ltd.
Approximately $6 million has been spent to date on airborne geophysical surveys, geochemical programs and deep drilling to locate structural basins similar to the Proterozoic basin hosting the world-class Sullivan Mine near Kimberley, which closed in 2001 after producing more than 150 million tonnes averaging 6.9% lead, 5.1% zinc and 67 g/t silver. The Sullivan deposit is known as one of the largest and richest sedimentary exhalative (SEDEX) deposits in the world.
Exploration programs to date have successfully identified six structural basins as well as several more areas with indicators of Proterozoic tectonic activity, one of the main criteria for basin recognition. Drilling in several of these basins - Panda, Cold Creek, Sullivan South (Pitt-Ash), Fors-Davent and Pakk - intersected distal base metal sulphide mineralization at Sullivan time, indicating seafloor exhalite mineralization. This initial exploration success was followed up by systematically testing these basins, also by deep widely spaced drill holes, in order to vector towards the source of sulphide mineralization.
One of the more successful programs focused on the Panda Basin and involved drilling six holes, all to the Sullivan time horizon, over a widely spaced area. This work clearly defined the limits of the basin and also showed that the sulphide content is increasing towards the southwest, near the intersection of the basin axis with a northeast-trending Proterozoic-age fault. A seventh hole initiated in the 2007 field season was successfully completed late last fall. Hole DDH Irish 07-01 intersected an anomalously thick Sullivan-type stratigraphic interval with considerable disseminated and wispy sulphides, including both lead and zinc mineralization. This represents one of the best Sullivan intersections drilled in the Purcell Basin outside of the immediate Sullivan basin itself. The Company believes that further exploration of the Panda Basin is warranted, including down-hole geophysics and additional step-out drilling.
Klondike Gold and its joint venture partners have held a large ground position in the Purcell Mountains, which has since been reduced to cover key ground based on the recognition of the location and evaluation of prospective Sullivan-type basins. The Cold Creek basin, located 20 km south of the Panda basin, is marked by numerous surface indicators of mineralization as well as diagnostic sedimentary units but has, to date, only one hole drilled to Sullivan time. Considerable ground has been released in the southern part of the Sullivan-Pitt-Ash basin, but several key tenures have been retained to cover ground where a well-mineralized Sullivan horizon was intersected. Some ground was also retained in the Hughes Range, 25 km east of the Sullivan Mine where a small past-producing stratiform silver-lead-zinc deposit known as the Kootenay King is located.
The Purcell Basin is considered one of the most prospective Proterozoic-age sedimentary successions in the world, based largely on the successful exploration of the $40-billion Sullivan deposit. These basins typically contain several SEDEX-type silver-lead-zinc deposits, in contrast to the Purcell basin, which until recently had only one known massive sulphide deposit of substantial size. The recently reported drilling success of Azteca Gold Corp. in intersecting several meters of massive lead-zinc mineralization in similar rocks in Idaho increases the potential for discovery of Sullivan-type massive sulphide deposits in correlative Purcell rocks in British Columbia. After an aggressive and successful exploration program, Klondike Gold believes it has the knowledge and expertise, as well as an excellent ground position, to successfully continue its exploration for a world-class massive sulphide deposit.
The Qualified Person for the purpose of National Instrument 43-101 is Trygve Hoy, who has read and agreed with the contents of this news release.
About Klondike Gold Corp.
Klondike Gold is a large landholder in the Klondike District of the Yukon Territory, an area which produced between six and twelve million ounces of gold during its historic gold rush. The Company also holds a 50% interest with partner Chalice Diamond Corp in approximately 78,000 acres of diamond properties located in the Chapleau-Wawa region of Ontario and a number of properties in southeastern British Columbia.
Please visit the Company's website: www.klondikegoldcorp.com for more information on the diamond properties in Ontario, our holdings in the Klondike and our properties in southeastern BC. You will also find Smartstox interviews with company President, Richard Hughes located on the website.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Contacts: Hughes Exploration Group Alan Campbell CFO (604) 685-2222 Hughes Exploration Group Kevin Hull Investor Relations (604) 685-2222 info@klondikegoldcorp.com www.klondikegoldcorp.com
SOURCE: Klondike Gold Corp.
mailto:info@klondikegoldcorp.com http://www.klondikegoldcorp.com
LOOKS LIKE THATS AS CHEAP AS IT GETS?
cheap shares this am? raymond james
has to clear up the trade today
snap um up.
someone just snagged a couple of little positions on the US ticker, at the ask.
thanks, raymond james over bought my trade
and had to liquidate a portion, the buy was otc
but the shares they sold were on the canadian side?
i liked the 1.5 million shs traded on the 4th
looked insider to me? hope they find (found)
the mother lode!
Famous: If you can trade on the venture then it may be a little better due to the liquidity, the two exchanges are tied together and do cross trade however a venture exchange will get a faster fill.
These stocks are all but impossible to day trade especially with a position of larger than 100,000 shares. But then it is the story here not the momentum that will drive this share price.
MOST TRADES GO ON KG:CA? WHICH IS BETTER?
TO TRADE ON CANADIAN OR OTC? NO ACTIVITY ON
OTC BUT PRICE IS TIED TO CANADIAN PRICE OF .04
CURRENTLY. ANY WISDOM? VOLUME LAST WEEK WAS UP
AS WELL AS PRICE.
??? your dog looks just like beck, my dobie
that died several years ago, raymond james
is trading for me. hope there is molson $$$
Are you also selling 180 shares at .018?
KDKGF on fire
up 3650%
Close on Thursday from TSX. Canadian .030 with a volume of 39,000
Klondike Gold Corp. (KG-V)
Last: Change: Volume: 3:55 PM ET
0.030 0.000 (0.00%) 39,000 March 05, 2009
Not a bad combination!
gold mining and molsons?
Yes, I had to call in my purchase of Klondike Silver. Zecco did not charge me for the fact that I placed the order over the phone. I also have a large account with them so maybe I get a break.
doberman, it looks as though the warrants were repriced in anticipation of market conditions, the warrants were the free gift for being part of the financing package so they were repriced to allow the holders to cash them in for shares.
This company is primarily a geology and exploration company, so drilling and further advancement of projects is best left to someone else anyway
Sill alot of risk here and it should not move too much before spring... I say that but who knows what lurks in the minds of rockhounds
Doberman,
I am interested in Doubloons response as well. Now, if I could only figure out how to purchase stock on the canadian exchange. I may have to call my broker.
04/Mar/2009 0.020 open 0.030 close Canadian $
1,715,000 shares traded on the TSX
Volume was up on Wed. Tuesday's volume was only 31,000.
Zecco will trade on the TSX but you have to call the order in.
Doubloon, what do you make of this renegotiating of options and re-pricing of warrants. Interesting to find out what projects they are joint venturing and with whom!
This may be the time to buy when everything is frozen up there.
Klondike Gold Responds to Current Market Conditions by Conserving Capital
1:50 PM ET, February 5, 2009
VANCOUVER, BRITISH COLUMBIA, Feb 05, 2009 (MARKET WIRE via COMTEX) -- Klondike Gold Corp. (KG) has terminated its Meteor Lake Project in Northern Ontario and renegotiated option agreements on the majority of its properties in Yukon, British Columbia and Ontario. This is in keeping with the Company's policy to conserve capital during the current period of weak financial markets. Klondike Gold Corp. has also joint ventured several projects as a means of reducing operating costs.
Klondike Gold and Chalice Diamond Corp., joint venture partners on properties located in the Chapleau/Wawa area of Ontario, have entered into an agreement on the Josephine Property with Revolution Technologies Inc. and Canada Iron Inc. who also own properties in this area. Revolution has assigned their mineral rights on its Esquega property (less iron ore rights) to COD and KG, and Canada Iron has assigned its mineral rights on their Corbiere property (less iron ore rights) to COD and KG in exchange for COD & KG assigning their iron ore rights on the Josephine property to Revolution and Canada Iron.
In response to financial markets and subject to regulatory (and disinterested shareholder approval of insider options), Klondike Gold plans to re-price incentive stock options that expire from August 2009 through June 2012 (currently priced at between $0.12 and $0.15) to $0.10. Subject to TSX and warrant-holder approval, Klondike Gold has also re-priced a number of warrants to reflect the current market. Warrants that expire on February 20th will be re-priced to $0.05 per warrant and the term extended by 12 months. Warrants which expire on May 23 and November 14, 2009 will be re-priced to $0.05 per warrant with no changes to their term.
The Company also announces that, subject to regulatory approval, it has granted 1,800,000 stock options to directors and officers of the Company and 3,600,000 stock options to employees and consultants at a price of $0.10 per share for a period of five years.
About Klondike Gold Corp.
Klondike Gold is a large landholder in the Klondike District of the Yukon Territory, an area which produced between six and twelve million ounces of gold during its historic gold rush. The Company also holds a 50% interest with partner Chalice Diamond Corp in approximately 78,000 acres of diamond properties located in the Chapleau-Wawa region of Ontario and a number of properties in southeastern British Columbia.
Please visit the Company's website: www.klondikegoldcorp.com for more information on the diamond properties in Ontario, our holdings in the Klondike and our properties in southeastern BC. You will also find Smartstox interviews with company President, Richard Hughes located on the website
Klondike Gold Corp. (KG-V)
Last: Change: Volume: 3:50 PM ET
0.030 +0.010 (50.00%) 1,715,000 March 04, 2009
Create Alert Add to Portfolio List of Exchange Identification Letters
Here's the info from the TSX.com on Klondike Gold. So it closed at .030 Canandian.
QuoteChartingNewsCompany InformationFinancialsPrice History
Detailed Quote
Open: N/A Yield: N/A
High: 0.030 EPS: -0.020
Low: N/A P/E Ratio: N/A
Bid Price: 0.020 Ex Date: N/A
Bid Size: 195 Dividend: N/A
Ask Price: 0.030 52 Week High: 0.085
(3/12/2008)
Ask Size: 95 52 Week Low: 0.015
(2/26/2009)
Avg Volume: 198,500 Shares Out: 166.200 million
Quoted Market Value: 4.986 million
blueheron, this stock primarily trades on the Canadian venture exchange, that is where the financials are and that is where you will find the bid/ask, Through an agreement with the SEC Canadian stocks trade down here on the pinksheets.
try these links
http://finance.yahoo.com/q?s=kg.v
http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00003823
I have been doing research on this and you, doubloon, and others have written some interesting posts. What puzzles me now is that there is not a bid or ask so how would one be able to purchase the stock?
Also, with the economic slow down and cold weather in Canada, when do you think they would actually move forward?
Thanks for the response.
Doubloon,
Intersting story. If you don't mind me asking, do you own this stock and why does in not appear to have a bid or ask at this time?
I'm trying to off load some junk I own (WAMUQ, CMLT) in order to buy into this one. At least this company has real leadership in Mr. Hughes who has a proven record of success in mining.
Interesting. I stumbled upon this page. Does anyone actually own this stock?
Richard Hughes, President and Director, - Biography
With his 30 years of experience, and his many success stories, Richard Hughes is one of the best known figures in Canadian Mineral Exploration.
His geological & financial knowledge and his experience from a number of successful exploration projects make Mr. Hughes well qualified to pursue potential world-class projects. Over the years he has brought a total of four mines into production and has been instrumental in raising hundreds of millions of dollars for exploration and development.
He is best known for his prominent role in the discovery of one of the world's richest gold mines in what became the Golden Giant (Hemlo mine) in Ontario. He was also behind the discovery of the Belmoral Mine in Quebec. Additionally, Mr. Hughes was instrumental in discovering and putting into production the Sleeping Giant Mine (owned 50% by Aurizon Mines and 50% by Cambior) as well as the Beaufor Mine (currently owned by Aurizon Mines).
Mr. Hughes is a long time resident of British Columbia. The Hughes Group corporate headquarters are located in Vancouver, British Columbia. Regional offices are in Sandon & Cranbrook British Columbia, Ottawa & Timmins Ontario, and Val d'Or Quebec.
The Exploration Team
The old saying 'nothing succeeds like success' has never been more true than in the exploration business.
The success of Richard Hughes has allowed him to build a team with some of the brightest minds in the field of mineral exploration. A team that includes renowned geologists, field workers, lawyers, business managers, investor relations personnel, accountants and support staff. All are industry professionals who want to experience finding the mother lode and are convinced that it will happen under the leadership of Richard Hughes.
This team, in turn, is breeding more success within the Hughes Exploration Group. Some of the latest include a Nickel discovery announced by Golden Chalice Resources in May, 2007, a Copper/Nickel discovery for Amador Gold in March 2008, and most recently a Silver/Lead/Zinc discovery announced by Zinccorp Resources in July, 2008.
The Klondike Gold story
During the Klondike gold rush it is estimated that as much as 20,000,000 oz of gold had been mined over the past century and most of that was mined from the Bonanza and Eldorado Creeks, however following these rich creeks farther upstream the gold nuggets disappeared and for centuries it was a mystery. Modern geologists have determined that the area is non-glaciate, i.e. glaciers did not move through this area disturbing the landscape so concentrated efforts were made at the headwater of these two creeks known as Lone Star Mountain, The Klondike Gold Corp with it’s partner Klondike Star hold all the land between these two creeks and is contained within the Lone Star claims.
Richard Hughes and The Hughes Group, owners and the Geologists of Klondike Gold believe they have found the source of the placer nuggets that flowed into these two creeks which would mean they have found THE source of the Klondike gold rush.
The Hughes group has a track record of finding large mines, and took one mine from .10$ to $90.00 per share, a $2,500 investment in that company would have netted you $1 million dollars.
This company is not a promo story or a ‘Slick Willy’ dog and pony show. With patience I expect to be rewarded.
Here with you thanks for the research.
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Klondike Gold
Canadian Filings:
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http://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00003823
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.
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EXPLORATION STRATEGY
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.
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Gold Properties
Indian River, Klondike Star /Kluane (aka Lone Star), Spice, Golden Egg, Red Point, Ron Gold Group, MeteorLake
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Base Metal Properties
Fran, Indigo, IOCG Cranbrook South, Irishman, Payday, Matarrow Mine, Cruz,
Kootenay King, Pit, Villebon, JCD
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Diamond Properties
Wawa, ACR-Esquega/Corbiere #2
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Corporate Information
TSX Venture Exchange Symbol: KG
Pink Sheets U.S. Symbol KDKGF
Corporate Solicitors/
Registered and Records Offices
Stephen Pearce
711-675 West Hastings Street
Vancouver, BC V6B 1N2
Telephone: 604-685-2222
Fax: 604-685-3764
Auditors
Morgan & Company
P.O. Box 10007 Pacific Centre
1488-700 West Georgia Street
Vancouver, BC V7Y 1A1
Telephone: 604-687-5841
Fax: 604-687-0075
Fiscal Year End: February 28
Telephone: 604-661-9400
Fax: 604-683-3694
Registrar and Transfer Agent
Computershare Trust Company of Canada
510 Burrard Street
Vancouver, British ColumbiaV6C 3B9
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Management
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
Director
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.
Darcy Hughes
Director
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Head Office
711-675 West Hastings Street
Vancouver, British Columbia
Canada V6B 1N2
Telephone: 604-685-2222
Fax: 604-685-3764
Website
http://www.klondikegoldcorp.com/
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