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Many Shares !!!
Jul 14, 2016
Klondike Silver - Grants Options
Jul 12, 2016
Klondike Silver - Engages Investor Relations Firm
Jul 04, 2016
Klondike Silver - Files A NI 43-101 Technical Report
http://www.klondikesilver.com/s/Home.asp
Today in Germay over 0,112 €
More power ...
Power to 41% over today!
Will they get any production 2016
Klondike Silver Corp. has assembled a quality portfolio of Silver and Silver-rich polymetallic properties in historic mineral districts of Canada.
The Company holds more than 12,000 hectares of claims and crown grants in the "Silvery Slocan" district in British Columbia, which have been strategically acquired over the last few decades by Richard Hughes, President. These acquisitions include numerous past-producing mines which are rich in Silver, Lead, and Zinc.
Klondike holds three active mining permits in the Slocan Camp but has currently halted its production at the fully permitted mine and mill near the historic mining town of Sandon, B.C. During this halt in production Klondike will continue to work closely with the Ministry of Energy and Mines (MEM), as it always has, to ensure future operations continue to run in a first class manner. The current goal for the Company is to complete the engineering reports required by MEM, and move towards production once again.
Klondike Silver Corp. is led by a team with a proven track record of discovery and development in Canada. Most notably, the Belmoral Mine in Quebec and the Hemlo Mine in Ontario are considered to be their biggest finds.
http://www.klondikesilver.com/s/home.asp
Share Capital – As at Feb 28rd, 2015 Issued 43,475,059
Warrants 32,080,146
Options 3,250,000
Fully Diluted 78,805,205
http://www.klondikesilver.com/s/ShareStructure.asp
Very well put. I'll send you a PM downside.
I always find it interesting when you run across something that pretty clearly "should be" working... but isn't.
The market is full of object lessons in what not to do, or how not to do it...
Usually what isn't working out at all for investors is working out just fine for someone else... at investors expense. Good to find out about those, to know what to look for in others, and avoid.
So, given this thing is dead as can be... a little OT shouldn't hurt much...
What else ya lookin at these days...
I think it's the guys own little project. He went public to get the money, but doesn't want to "share the wealth." I remember there was a company in Alaska that sounded real good on paper too, and it was the exact same thing.
The guy made enough for himself to have a comfortable salary and go on the interview circuit but never managed to make enough to move the share price.
Like I said, I've given up on these ash wholes.
The time spent trying to figure out what's wrong with these guys could be better spent researching a better company. GL downside!
Makes me wonder who owns it...
I don't think I'd be particularly "patient" as an owner when management apparently aren't doing anything... other than sitting on it, doing the reverse... then diluting a whole lot for a very little $$$ ?
Is it just a scam... of the sort that has "assets" that are there and have value, but not enough of a real connection that exists between the value in the assets, and a share you hold, to matter ?
What are they waiting for... or, why are they waiting ?
Looks to me like they did a spin out of the silver properties from the gold properties... because there were restless shareholders in the gold company who were concerned about the lack of value creation in the gold project, and spinning out the silver was supposed to "create value"... ???
Actually doing something might help ?
Takes me back to wondering what it is the management do... since whatever it is, it clearly isn't focused here.
I really don't know, downsideup. I gave up on these guys all together.
There's too many good companies out there that are actually DOING something to waste my time with these guys.
They might do something someday, but I can't baby sit them for years waiting to see if they do ... or not.
I could get a profitable return (and be sitting on thousands of free shares) in a dozen companies before these guys get off their ass, the way I see it.
Too bad too, because they do have some assets.
I've not checked up on the resumes to see what they're actually doing in operating their other projects.
Are they also "dead in the water" like this one ?
Or, are they actually doing something with their other projects ?
I'm not able to determine, yet, from the limited look I've made, if they're otherwise legit, and are just completely neglecting this thing for some reason, or if they're more purposefully operating a scam, intended to "take down" the assets here... transferring them to others... only after "Silver" investors pay for them.
Not yet ready for the "conspiracy theory" leap that some others would probably leap to, suggesting that it looks like an active effort being made in keeping quality properties off the market and idle... while keeping them available to be transferred to others... as a part of the silver price manipulation conspiracy ?
What price for silver do these guys think they'll need to try to make a profitable mine out of known producers ?
What are they waiting for ?
Personally, being a market skeptic, I think they're waiting to get the share price back down below $0.05... so that even small funding they do, will tend to transfer large percentage ownership interests...
Sadly, that is what I concluded too.
"The Company also announces that it has entered into a loan agreement to borrow $400,000 over a 6-month period. The terms include interest at the rate of 10%, cumulative monthly, and the issuance of a bonus of 800,000 shares at a deemed price of $0.05 per share, subject to regulatory approval. There are no warrants or finder's fees involved in this transaction. A security agreement has been completed, and the funds for the loan will be used for operating capital. "
When I look at SEDAR filings... they show a deal was done for the 800,000 shares... but, they're said to have been sold at $1 a unit, including a bunch of warrants ?
Am I just not seeing it ?
Something here doesn't add up...
Granted the numbers from back in October are pre-reverse numbers... but the latest SEDAR financials appear not to come close to agreeing with the prior announcement... re the deal being for $400K in debt (at 10% compounded MONTHLY !!!) with the shares being sold for $0.05 pre-reverse that would have been "at the market". It looks like they did some sort of sleight of hand with those shares in the reverse, to convert those pre-reverse shares into post reverse shares... ???
I see other flow through financing done at $0.25 per post reverse share or better..
If they sold 800K shares for $800K... where did the $800K come in, and where did the $800K go to ?
Otherwise, beyond having concern that they're squatting on quality properties while not doing anything much with them, beyond basic maintenance ? They've got some quality properties they're squatting on, but, the management effort SUCKS...
It looks like ALL they are doing is squatting on those properties, and have basically either ZERO intent to move them forward to production, or ZERO capability.
The filings suggest they don't even intend to TRY to do anything with them before 2015...
Management touts they're experience... which seems it must mean they have 5 or 6 other companies that take all their time, and get all their attention... because they're doing NOTHING with what "Silver" has...
Looks like a classic case of a "do nothing" management, to me.
I'm not saying they're not capable...
I'm saying it appears they don't INTEND to perform...
They appear to be "exploring" at a pace that is sufficient to allow them to say they're doing more than nothing... but what they are doing isn't a hell of lot more than nothing.
I'll keep a close eye on this... expecting to see future efforts with assets being transferred out to others at prices well below value...
I don't see how else they intend to make money here, doing what they are... so, "squatting" on the properties, and suppressing the value that exists to enable taking it at well below value, and well below cost... seems the most likely play to watch for.
A quick look suggests to me that the "mystery deal" was intended to, and perhaps did, sell post reverse shares for $0.05 in the deal for 800K shares... perhaps consistent with the bit above about the purpose in suppression ?
They've done the reverse, and then diluted by 20% for basically nothing...
They're sitting on past producers that stopped producing while still in ore... and yet they drill holes that show continuation of structure, but that don't have (or report) values in them ?
Looks to me like they're TRYING to get this thing down to $0.05 or below before "doing something" with it... but, then, you can't expect that what they do with it then will prove to be useful to investors ?
Compare what they're doing now with the Slocan camp to what's happening now with USSIF and Soros' old partner working on revitalizing the Silver Valley in Idaho... and all it can suggest is that the guys at KLSVF have their heads stuck somewhere dark.
Klondike Silver Review and Update
(TSXV: KS, Pink Sheets: KLSVF)
Subject: SLOCAN BC SILVER OPERATION
Location: Sandon, Silverton and New Denver B.C.
Klondike Silver has been acquiring over 80% of the Sandon silver camp during the past 20 years.
The land position is now at 23,000Ha in the Sandon Camp.
Sandon production – over 35 billion dollars (in todays mineral value) of lead zinc and silver for the Sandon area mines.
100 T.P day mill is fully paid for. Klondike Silver has no debt.
Example of the few of the past producers owned by Klondike Silver.
Production to date
NAME Silver Production (g) Lead Production (kg) ZN (kg)
Silvana 242,982,741 28,691304 26299854
Van Roi 86,690,377 8,091,338 7,600,657
Violamac 129,127,274 21,746,099 14,225,991
Hewitt 59,624,427 2,708,636 1,770,177
Payne 116,386,525 17,376,637 1,024,416
Ruth Hope 76,946,676 10,122,529 1,605,717
Ivanhoe 14,204,149 2,366,970 330,300
Richmond Eureka 24,993,034 2,322,882 761,064
Wonderful 13,057,008 1,619,509 1,214,509
Idaho 48,811,960 2,124,884 225,235
Wake Field 6,032,458 1,111,226 5,568
Jackson 3,106,070 1,888,550 1,407,175
Hinkley 778,446 147,552 203,603
Canadian 2,439,968 374,301 17,217
Halmac 7,754,000 874,298 172,704
Note: Head frames and shafting was not normally used in the Sandon area; mostly adits. Therefore most of these past producers have not been exposed to depth.
There are 5 main Silver Camps in Canada.
1) Cobalt Ontario – (Mostly Mined out)
2) An island in Ontario (now a Federal Park.)
3) Gowganda – area- Ontario – mostly controlled by Klondike Silver and Amador Gold Corp.
4) Slocan- Klondike Silver 80% (plus) owned by Klondike Silver.
5) Yukon – Rejuvenated exploration
Two main properties are owned by Klondike Silver
1) Connaught - 50% owned by Klondike Silver where in 1976 218 tones bulk samples milled at Trail BC resulting in 65 opt Ag at 60% Pb (see December 10, 2007 News Release)
2) Stump - 100% owned by Klondike Silver where in 2007 an 80 tonnes bulk sample produced head grades averaging 45 opt Ag and 40% Pb. (refer to News release December 10, 2007)
Sandon Mining Camp – Brief history in numbers:
- Sandon was incorporated as a city in 1898
- More than 5000 people lived in Sandon during its ‘boom’ in the late 1800s
- In its prime Sandon had 29 hotels, 28 saloons, 3 breweries, theatres, opera houses, cigar factory, soft drink plant, 3 sawmills, 3 churches, x2 newspapers, a schoolhouse, hospital, numerous lodges, clubs, organizations and a curling rink and bowling alley (in addition to one of the largest ‘red light’ districts in Western Canada).
- 2 major rail lines
- One of the first trade unions in the province
- A community with its own hydro electric utility
- Sandon area had over 200 mines, numerous tram lines and concentrator mills
- Over 35 billion dollars (in today’s value) of lead, zinc and silver have been produced from the Sandon area mines.
Surface and underground exploration is currently underway.
R. Hughes
President
About Klondike Silver:
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which processes material from local mines in the historic Slocan Silver Camp.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy or contents of this news release.
The statements made in this news 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.
big reverse split...
bummer. Now the question is are they going to start diluting all over again or finally announce something big. Unfortunately, no hint of a big announcement that I know of.
As it stands, one of the few silver stocks that have lost money on.
Hi guys its now March 2011
anyone still interested in this stock?
one thing i dont get is how could this stock drop from $1to $0.025
i am new to investing in silver/mining companies
and have no idea what to look for at junior companies
anyone can give me some tips and heads up?
thanks in advanced
Klondike Silver Corp Commences Drilling on IP Anomalies on Hewitt Property in Slocan Silver Camp
- DRILLING COMMENCES ON HEWITT PROPERTY
- TWO PROMINENT ANOMALIES IDENTIFIED BY RECENT IP SURVEY
- AREA OF HEAVY OVERBURDEN, ON STRIKE WITH MAIN HEWITT LOAD
VANCOUVER, BRITISH COLUMBIA, Nov. 17, 2010 (Marketwire) -- Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce that it has contracted Black Hawk Drilling of Smithers, British Columbia, to drill test two IP anomalies on the Hewitt property located in the southern part of the Slocan Silver Camp near Silverton, BC. Both anomalies are being tested by shallow drill holes, for a total of 500 meters. Drilling will be testing anomalies in area that is covered by heavy overburden on strike with historical discoveries made only by way of prospecting outcrops.
Exploration by Klondike Silver Corp on the Hewitt property has included geological mapping, an airborne geophysical survey, soil surveys, and limited trenching and drilling. A recent IP survey recognized two prominent anomalies in the western part of the property. The more northern is in an area of heavy overburden an on strike with the inferred western continuation of the main Hewitt lode. The more southern, also overlain by heavy overburden, is on strike with a recently discovered boulder that contained high silver, lead and zinc content.
The Hewitt and Van Roi have two past producing mines on the property. The Van Roi mined 284,706 tonnes until its closure in 1957, with an average grade of 305 g/tonne silver, 2.6% zinc and 2.8% lead. The Hewitt produced 112,573 tonnes of ore with an average grade of 529 g/tonne silver, 2.4% zinc and 1.5% lead.
Klondike Silver Corp. entered into an option agreement with Gold Jubilee Capital Corp. in which Gold Jubilee Capital Corp. can acquire a 51% right, title and interest in the Hewitt-Van Roi property on payment of $320,000 to Klondike Silver Corp. (optioner), issuing 300,000 common shares to the optioner, and incurring at least $1,500,000 in exploration expenses. Klondike Silver Corp., remains the operator of the property.
The Qualified Person for the purpose of National Instrument 43-101 is Dr. Trygve Hoy, P.Geo., who has read and agreed with the technical information in this news release.
About Klondike Silver:
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which processes material from local mines in the historic Slocan Silver Camp.
The statements made in this news 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 or contents of this news release.
Corporate Inquiries: Kevin Hull or Alan Campbell 604-685-2222 604-685-3764 (FAX) info@klondikesilver.com www.klondikesilver.com
http://tmx.quotemedia.com/article.php?newsid=35806188&qm_symbol=KS
Klondike Silver Corp. Continues to Intersect Lode Structure in Silvana Drilling
VANCOUVER, BRITISH COLUMBIA, Oct. 13, 2010 (Marketwire) -- Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce it has completed 2,341 feet (714 m) in 6 holes of an expected maximum of 4,000 feet (1,220 m) of diamond core drilling at Station No. 3 located on the westerly extension completed earlier this year of the 4625 level of the Silvana silver-lead-zinc mine. This drift extension and the associated drilling is exploring the initial portion of the 7,000 feet (1.5 km) long segment of unexplored and presumed highly prospective ground hosting the Main Lode structure of the Slocan mining camp between Sandon and Silverton, BC. The core drilling underway at Station No. 3 has continued to intersect a structure interpreted as the Main Lode structure including a zone of intersections of significant widths containing strong quartz-carbonate veining occasionally accompanied by minor lead and zinc sulphides mineralization. The four such intersections cut so far have estimated true widths of 20 feet (6 m) or more. They represent a strike length of some 200 feet (60m), with a dip length on the structure of 300 feet (90 m) indicating an openness updip and northwesterly towards the former Carnation mine workings. The latter workings as mapped in the 1950s contained discontinuous mineralized vein segments in the Main Lode structure with sampled accompanying Ag/Pb/Zn mineralization having assays of potential economic grade.
In order to extend coverage and expand on the knowledge base of the Main Lode structure up dip the Company may consider re-activation of the accessible Carnation mine 5480 Level workings. A down-hole drilling program from the hangingwall side of the Main Lode into the interval from the Carnation to Silvana would be proposed. A footwall cross-cut and subsequent drilling program from the area of the current 4625 Level drilling would also be proposed to extend coverage of this interval, which has an approximate dip length of 1,500 feet (450 m).
A third phase of southwesterly drift advance on 4625 Level started earlier in the year, was also based on geological information obtained from the recent drilling. It is planned for an approximate a 660 foot (200 m) advance and will similarly be followed by core drilling to further explore the Main Lode structure and its mineralization in this extensive untested area of Company-owned property.
The Company also announces that it has entered into a loan agreement to borrow $400,000 over a 6-month period. The terms include interest at the rate of 10%, cumulative monthly, and the issuance of a bonus of 800,000 shares at a deemed price of $0.05 per share, subject to regulatory approval. There are no warrants or finder's fees involved in this transaction. A security agreement has been completed, and the funds for the loan will be used for operating capital.
About Klondike Silver:
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which processes material from local mines in the historic Slocan Silver Camp.
The Qualified Person for the purpose of National Instrument 43-101 is Edward Craft, PEng, who has read and agreed with the technical information in this news release.
The statements made in this news 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 or contents of this news release.
Corporate Inquiries: Klondike Silver Corp. (604)-685-2222 Klondike Silver Corp. (604)-685-2222 info@klondikesilver.com www.klondikesilver.com
http://tmx.quotemedia.com/article.php?newsid=34721719&qm_symbol=KS
Klondike Silver Corp. Discovers Multiple Gold Zones on ATAC Resources Joint Venture
VANCOUVER, BRITISH COLUMBIA, Sep. 14, 2010 (Marketwire) -- Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce that a significant exploration program has resulted in several new discoveries at its Connaught Project (50-50 Joint Venture with ATAC Resources Ltd.). The program expanded on the highly successful soil geochemical programs of the past three years, and followed up with mapping and prospecting in areas of multi-element anomalies.
The Connaught property lies in the headwaters of the 60 Mile placer gold district, within the Tintina Gold Belt, and at the northwestern end of the White Gold District. The Yukon has seen increasing interest as a gold exploration target in the past few years. Great success has been achieved by Kinross at their White Gold project, Kaminak at their Coffee project, and by ATAC Resources at their RAU gold project, along with many other high potential gold properties in the region.
"Klondike Silver continues to discover significant mineralization by prospecting. These new zones warrant further exploration by mechanized trenching and diamond drilling. We are optimistic in the potential for both gold and silver," commented Company President, Richard Hughes.
Camp Area: Three veins have been discovered in the area of the exploration camp and across the intrusive body to the southeast. The "Kitchen Vein" is exposed beneath the camp kitchen, and extends for at least 80m in float. The best results from four samples were 1.08 g/t gold and 783 g/t silver. The "69-2 Vein" is exposed about 300m to the southeast of the Kitchen in a 1969 era bulldozer trench that was not previously sampled, and returned 3.00 g/t gold and 1660 g/t silver. A similar undocumented trench located a further 500m southeast contains the "69-3 Vein", which was discovered in 2009 and returned 4.13 g/t gold and 406 g/t silver (reported previously in Klondike Silver news release dated October 30, 2009). These three veins lie within a robust multi-element soil anomaly that measures roughly 600m by 1100m, and lies at the west end of the intrusive trend, adjacent to a regional scale normal fault.
Cross Fault Area: A second area of newly discovered mineralization lies in the central part of the property, in the vicinity of a newly mapped north-south trending cross fault that displaces the intrusive body and appears to control the location of a zone of intense hornfels alteration that forms a prominent ridge to the north of the intrusion. Gold in soil values are elevated in this area, and three new veins were discovered here in 2010. One vein (not named yet) returned 1.2 g/t gold and 528 g/t silver from a single cobble in an anomalous soil geochemical sample pit in an area near the cross fault. "Sandro's Vein" is located about 1000m southwest in a previously undocumented 1969 era bulldozer trench, and returned 5.77 g/t gold and 70.7 g/t silver. The "Woodpecker Vein" is located about 350m south of Sandro's, and returned 2.52 g/t gold and 343 g/t silver from a single boulder in an area with almost no rock exposure. The Woodpecker is the first vein discovered on the south side of the intrusion, which expands the area of high potential on the property.
Ridge Junction Area: A new vein was discovered in another 1969 era bulldozer trench southwest of the main road junction. This vein returned 0.915 g/t gold and 182 g/t silver from vein material in the trench. Mineralized pebbles 50m to the southwest of the trench returned 1.825 g/t gold and 111 g/t silver.
Skarn Zones: Several bands of marble, locally altered to skarn are present on east side of the property. Initial mapping and sampling of these zones in 2010 has returned values up to 0.386 g/t gold, 16.5 g/t silver and 7.24% zinc. This target warrants further investigation by mapping, prospecting and soil geochemistry.
Mineralization at Connaught is intrusion related, with narrow polymetallic veins discovered over an area of 11km by 4km. Late Cretaceous age granitic intrusions are present on the property, with metamorphic country rocks of the Yukon Tanana terrane. Hornfels and skarn zones present on the property may hold potential for bulk tonnage gold deposits. The project area has not been subject to glaciation, and therefore soils and rocks are thought to be locally derived. Prospecting on the south side of the property was enhanced by an intense forest fire in 2009 that removed moss and lichen from rocks. The 1969 exploration in the area was focused on lead-rich silver veins suitable for direct shipping to smelters, and on porphyry copper-molybdenum. The silver- quartz veins discovered in that era were not considered to be significant.
The Qualified Person for the purpose of National Instrument 43-101 is William Mann, P.Geo., who has read and agreed with the technical information in this news release.
About the Connaught Property:
Exploration at the Connaught Property has now revealed silver, gold and lead mineralization in 20 veins over an area measuring roughly 11 kilometres by 4 kilometres. Porphyry and skarn mineralization is also present in the area.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with an excellent track record of discovery and development in Canada.
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which processes material from local mines in the historic Slocan Silver Camp.
Visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox interviews with Company President, Richard Hughes.
The statements made in this news 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 or contents of this news release.
Klondike Silver Corp. Corporate Inquiries: Kevin Hull or Alan Campbell (604)-685-2222 info@klondikesilver.com www.klondikesilver.com
http://tmx.quotemedia.com/article.php?newsid=33966328&qm_symbol=KS
You bet Crusader! I've always had an emphasis on miners but got particularly interested in metals after the financial meltdown of late 08.
These guys are/were marginal with silver at 14 bucks, but the equation changes with 30 dollar silver.
I think these guys could be a sleeper that comes out of nowhere if things continue the way they have been.
Got a few last summer, and am looking to pick up more if I can hit my price point.
Thanks for the informed reply, cork.
I will be keeping an eye on this one, but I have too much "dead" money tied up to get erious here. Will check Cedar for any filings and act accordingly.
You certainly have an array of due diligence on many stocks that glitter. Good work.
I think the reason Klondike Silver has been relatively dormant is because they have been primarily involved with exploration and test mining their various Silvery Slocan holdings.
They have been exploring some of the previously ignored zinc zones too.
We really need to see some sort of third quarter operating results to see how they have been doing with monthly shipments from the Sandon Mill, and any custom milling agreements they may have made since the last public information release.
If silver continues past 30 bucks as many project it will, these guys are in a position to benefit big.
I don't know if the 100 ton per day Sandon flotation Mill can be expanded, but at least it provides operating income (besides selling shares) to fund the exploration programs.
They could very well come out of it as a multi metal silver/zinc and maybe copper producer.
A lot of the problem is just getting information (like quarterly reports) out. That and updating the website.
If they can do those things in a rising metals environment I think they could realize a new all time high.
QuoteMedia gives a nice format and news summary.
http://www.quotemedia.com/results.php?qm_page=3941&qm_symbol=KLSVF
KLSVF is not tracking the price of silver,
any comments? Why is the price chart essentially flat? In the Grey Market there are many questions and few answers.
KLSVF doing nicely on rising silver price
Silver hits $21.00 I expect KLSVF (V.KS) to start moving again
7.8 Million Shares Traded Thursday as KS.V.. Interest is increasing.. I think the Gold in the Yukon attracts attention but they have great silver properties in Yukon, BC, Ontario and Mexico...
A mill in BC... Lot of potential..
With silver prices on the move, I suspect this can easily hit .10 or more short term if any kind of positive results are released from their silver properties.
Klondike Silver Corp. Discovers Multiple Gold Zones on ATAC Resources Joint Venture
9/14/2010 9:05:34 AM - Market Wire
- DISCOVERY OF SIX NEW GOLD- SILVER VEINS BY PROSPECTING - GEOLOGICAL MAPPING REVEALS NEW CONTROLS ON MINERALIZATION - LOCATED AT NORTHWESTERN END OF WHITE GOLD DISTRICT
VANCOUVER, BRITISH COLUMBIA, Sep 14, 2010 (MARKETWIRE via COMTEX News Network) --
Klondike Silver Corp. (TSX VENTURE: KS) (the "Company") is pleased to announce that a significant exploration program has resulted in several new discoveries at its Connaught Project (50-50 Joint Venture with ATAC Resources Ltd.). The program expanded on the highly successful soil geochemical programs of the past three years, and followed up with mapping and prospecting in areas of multi-element anomalies.
The Connaught property lies in the headwaters of the 60 Mile placer gold district, within the Tintina Gold Belt, and at the northwestern end of the White Gold District. The Yukon has seen increasing interest as a gold exploration target in the past few years. Great success has been achieved by Kinross at their White Gold project, Kaminak at their Coffee project, and by ATAC Resources at their RAU gold project, along with many other high potential gold properties in the region.
"Klondike Silver continues to discover significant mineralization by prospecting. These new zones warrant further exploration by mechanized trenching and diamond drilling. We are optimistic in the potential for both gold and silver," commented Company President, Richard Hughes.
Camp Area: Three veins have been discovered in the area of the exploration camp and across the intrusive body to the southeast. The "Kitchen Vein" is exposed beneath the camp kitchen, and extends for at least 80m in float. The best results from four samples were 1.08 g/t gold and 783 g/t silver. The "69-2 Vein" is exposed about 300m to the southeast of the Kitchen in a 1969 era bulldozer trench that was not previously sampled, and returned 3.00 g/t gold and 1660 g/t silver. A similar undocumented trench located a further 500m southeast contains the "69-3 Vein", which was discovered in 2009 and returned 4.13 g/t gold and 406 g/t silver (reported previously in Klondike Silver news release dated October 30, 2009). These three veins lie within a robust multi-element soil anomaly that measures roughly 600m by 1100m, and lies at the west end of the intrusive trend, adjacent to a regional scale normal fault.
Cross Fault Area: A second area of newly discovered mineralization lies in the central part of the property, in the vicinity of a newly mapped north-south trending cross fault that displaces the intrusive body and appears to control the location of a zone of intense hornfels alteration that forms a prominent ridge to the north of the intrusion. Gold in soil values are elevated in this area, and three new veins were discovered here in 2010. One vein (not named yet) returned 1.2 g/t gold and 528 g/t silver from a single cobble in an anomalous soil geochemical sample pit in an area near the cross fault. "Sandro's Vein" is located about 1000m southwest in a previously undocumented 1969 era bulldozer trench, and returned 5.77 g/t gold and 70.7 g/t silver. The "Woodpecker Vein" is located about 350m south of Sandro's, and returned 2.52 g/t gold and 343 g/t silver from a single boulder in an area with almost no rock exposure. The Woodpecker is the first vein discovered on the south side of the intrusion, which expands the area of high potential on the property.
Ridge Junction Area: A new vein was discovered in another 1969 era bulldozer trench southwest of the main road junction. This vein returned 0.915 g/t gold and 182 g/t silver from vein material in the trench. Mineralized pebbles 50m to the southwest of the trench returned 1.825 g/t gold and 111 g/t silver.
Skarn Zones: Several bands of marble, locally altered to skarn are present on east side of the property. Initial mapping and sampling of these zones in 2010 has returned values up to 0.386 g/t gold, 16.5 g/t silver and 7.24% zinc. This target warrants further investigation by mapping, prospecting and soil geochemistry.
Mineralization at Connaught is intrusion related, with narrow polymetallic veins discovered over an area of 11km by 4km. Late Cretaceous age granitic intrusions are present on the property, with metamorphic country rocks of the Yukon Tanana terrane. Hornfels and skarn zones present on the property may hold potential for bulk tonnage gold deposits. The project area has not been subject to glaciation, and therefore soils and rocks are thought to be locally derived. Prospecting on the south side of the property was enhanced by an intense forest fire in 2009 that removed moss and lichen from rocks. The 1969 exploration in the area was focused on lead-rich silver veins suitable for direct shipping to smelters, and on porphyry copper-molybdenum. The silver- quartz veins discovered in that era were not considered to be significant.
The Qualified Person for the purpose of National Instrument 43-101 is William Mann, P.Geo., who has read and agreed with the technical information in this news release.
About the Connaught Property:
Exploration at the Connaught Property has now revealed silver, gold and lead mineralization in 20 veins over an area measuring roughly 11 kilometres by 4 kilometres. Porphyry and skarn mineralization is also present in the area.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with an excellent track record of discovery and development in Canada.
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which processes material from local mines in the historic Slocan Silver Camp.
Visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox interviews with Company President, Richard Hughes.
The statements made in this news 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 or contents of this news release.
Contacts: Corporate Inquiries: Klondike Silver Corp. Kevin Hull or Alan Campbell (604)-685-2222 info@klondikesilver.com www.klondikesilver.com
SOURCE: Klondike Silver Corp.
mailto:info@klondikesilver.com http://www.klondikesilver.com
Klondike Silver (V.KS , KLSVF) on the move. Been moving up nicely of late for two reasons. Silver prices have been moving higher and there is a mining boom going on in the Yukon where KLSVF has holdings. My fingers are crossed and hoping this is the beginning of what could be a major move up.
Whats this?
May 07, 2010 - JOINT VENTURE - ESPIRITU- Klondike Silver and Kootenay Gold Report on 2135m in ten holes at Espiritu Porphyry Prospect, Sonora, Mexico
http://www.kootenaygold.ca/s/NewsReleases.asp?ReportID=399480&_Type=News-Releases&_Title=htmlFONT-COLOR0066CCbJOINT-VENTURE-bfonthtmlESPIRITU-Klondike-Silver-and-Ko...
KS spent $ 7.0 million the last 12 months. Can someone on this board explain and itemize the expenses on what approx. $6.0 million on financings plus $ 1,050,000 proceeds (NR Oct.21.) were spent on?
Most of the success stories in the resource sector take years to develop and along with that come stagnant price which flushes out the impatient. But then suddenly if the company is legit, has good property and follows its plan, it can gain 10 years worth of profit instantly.
Im a silver bull and this company is sitting on a lot of silver and will uncover even more imho. I think silver prices are going far higher in the years ahead. Some people are whining about why this company has been raising money and diluting. Well, if the stock markets and world markets crash or suffer as many predict, Klondike Silver is going to look awfully smart having successfully raised as much money as possible now because when markets falter, raising money is going to prove very difficult.
Im content to hold. I see a big spike in Klondike Silver's future and silver in general. Im not deterred in the least just because we didnt see a pop so far this year.
Lebaneseproud - believe good things...
in store here... so I agree with you and am patient to hold. Other stocks out there for sure - but this one has the potential to be a home run if/when things "pan" out. Everyone should have a home run potential stock in their portfolio IMO.
KS: I watched this stock for about 3/4 year, as the information sounded promising.
However, I sold my shares a few months ago at around 6 cents:
If you look into the historical NR's, you keep on reading the same excitement already for years.
This year the same: expectations where to hit motherlode in Q1 2010, but still no sign of it yet.
I think the share price tells it all.
I guess I would sell out if I wouldnt have done it yet, and then buy into an other bargain company with which I can more than recover my loss while I still can.
If you still doubt:
Look at the Nr's and Shareprice during the last years for Klondike Gold: same story
This news is what I expected and I expect it to get better. This company is sitting on a fortune in silver. I think dilution worries will dissipate in the future as folks begin to realize the vast and exceptional silver properties Klondike Silver(KLSVF) has amassed. An absolute steal at these levels as far as Im concerned.
Klondike Silver Corp. Discovers Mineralization Within 20 Foot Intersection of Silvana Main Lode Structure
- Latest Hole, K-1118, has higher carbonate-vein fragment content than all previous holes as well as trace amounts of Zinc and Lead Sulphides
- Lode Structure Intersections Increase in Width between Holes K-1117 and K-1118
- K-1119 will be drilled from Drill Station #3, 100 meters to the west and is expected to begin on June 3rd, 2010
- Company Geologists now Know Strike, Dip, and Thickness (3 points of intersection) of the Lode Structure
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2010) - Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce results from its ongoing underground drill program at its Silvana Mine in Sandon, BC.
Hole K-1117 was completed in early May from Drill Station #2 and intersected a true width of 20 feet of lode structure. Company geologists found sporadic intersections of quartz carbonate-vein fragments within the core.
Hole K-1118 was completed on May 31st, also from Drill Station #2, and the true width of the lode structure intersection exceeds that of hole K-1117. The geologists are also seeing much more quartz carbonate-vein fragmental content in the core of K-1118 than they did in the core of hole K-1117.
Completion of drill holes K-1117 & K-1118 at the west end of the 4625 level of the Silvana silver-lead-zinc mine, brings the company further into the 7,000 foot long segment of unexplored and highly prospective ground west of the Main Lode structure of the Silvana Mine.
To view a map of the Slocan Silver Camp highlighting recent work done by the Company click on the following link:
http://www.brmstatpack.com/lt/1001/1133/slocan-map
Steve Phillips, Klondike Silver's mine manager, commented 'in my experience these intersected thicknesses constitute very significant widths of lode structure'. Steve Phillips has 42 years mining-geology experience, including 17 years in the Slocan Camp mostly at the Silvana Mine, 6 of which were as Mine manager, chief geologist, geologist and consultant.
Company President, Richard Hughes, made the following comments in the Company's August 27, 2009 press release upon the initial discovery of what is believed to be an extension of the Main Lode structure, responsible for the majority of mineralization and production within the Silvana Silver Camp. "We have two goals in the current underground exploration program; first to identify the presence of the lode structure within the prospective horizon, and second to locate any ore-bearing chutes within the structure. The discovery of lode structure this early in the initial phase of exploration is exciting as we are just at the start of our target area. This 1.5 km area between the Mammoth and Silvana mines has never been tested before although it was slated for exploration before the mine shut down in the early 1990s as a result of low metal prices. Drilling will now focus on testing the newly discovered structure for the presence of ore-bearing chutes as well as further delineating its extent."
The recent intersection has demonstrated that the structure which the Company is currently exploring has the potential to host lead-zinc-silver mineralization. The target zone is a 1.5 km long section of the Main Lode structure that has never been tested before. The Main Lode structure is more than 8 kilometers long, extending east from Silverton on Slocan Lake to Sandon through the "Silver Ridge" of the Selkirk Mountains some 50 kilometers north of Nelson, B.C.
The Company holds the ground for approximately 1.5 km between the Silvana and the Mammoth Mine. This program represents the first attempt since the early 1990s to explore west towards the Mammoth, Standard and the other major "Main Lode" producers.
Company geologists are also pleased that they now have 3 points of intersection for the lode structure and are moving the drill for hole K-1119. Hole K-1119 will be drilled from Drill Station #3, 100 meters to the west of Drill Station #2, and is expected to begin on June 3rd.
The Qualified Person for the purpose of National Instrument 43-101 is Ed Craft, PEng, who has read and agreed with the technical information in this news release.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with an excellent track record of discovery and development in Canada.
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which is currently processing material from local mines in the historic Slocan Silver Camp.
Or visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox interviews with Company President, Richard Hughes.
The statements made in this news 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 or contents of this news release.
For more information, please contact
Corporate Inquiries:
Klondike Silver Corp.
Kevin Hull
(604)-685-2222
or
Klondike Silver Corp.
Alan Campbell
(604)-685-2222
info@klondikesilver.com
www.klondikesilver.com
no need to reply...found it, saw it. Mr. Hughes, though old, sounds like a very sharp man...
I noticed that the volume has declined tremendously from Oct/Nov 2009 about 3M to only 200 - 300K in recent days. Do you know the recent for such dramatic decline?
tia
just beginning to do DD on this company my self...do you know what the current float is? i know that o/s ia about 186M...
thanks.
thanks...where can I get see this interview? you got the link?
tia
Klondike Silver Corp. Commences 2010 Gold and Silver Exploration Program at Connaught JV Project
- FOLLOW UP ON THREE NEW DISCOVERY AREAS INCLUDING PREVIOUS GOLD SAMPLES UP TO 4.13 G/T (KS NEWS RELEASE OCTOBER 30, 2009)
- EXTEND SOIL GEOCHEMICAL COVERAGE TO ENTIRE PROPERTY
- EMPHASIZE GOLD TARGETS IN ADDITION TO KNOWN HIGH GRADE SILVER ZONES FROM WHICH AN HISTORIC SHIPMENT REPORTEDLY AVERAGED 2228.5 G/T (65 OPT) SILVER, 60% LEAD AND 1 G/T GOLD
- INVESTIGATE POTENTIAL FOR "WHITE GOLD" TYPE MINERALIZATION
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 1, 2010) - Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce a significant exploration program has commenced at its Connaught Project (50-50 Joint Venture with ATAC Resources Ltd.). The program will continue to expand on the highly successful soil geochemical programs of the past three years, as well as follow up with prospecting and hand trenching in areas of multi-element anomalies. Emphasis in 2010 will give equal weight to gold in addition to silver, which has been the main focus of recent programs. The gold potential of the property has been known for some time, however, the very high grade silver- lead veins have seen the greatest exploration effort.
The Connaught property lies in the headwaters of the 60 Mile placer gold district, within the Tintina Gold Belt, and at the northwestern end of the White Gold District. The Yukon has seen increasing interest as a gold exploration target in the past few years. Great success has been achieved by Underworld Resources at their White Gold project, and by ATAC Resources at their RAU gold project, along with many other high potential gold properties in the region.
"Klondike Silver believes the project may have significant untested gold potential in addition to further high grade silver veins. The Connaught is a large well mineralized property that continues to deliver new discoveries by prospecting and soil geochemistry," commented Company President, Richard Hughes.
Mineralization at Connaught is intrusion related, with 14 narrow polymetallic veins discovered to date over an area of 11km by 4km. Late Cretaceous age granitic intrusions are present on the property, with metamorphic country rocks of the Yukon Tanana terrane. Hornfels and skarn zones present on the property may hold potential for bulk tonnage gold deposits. A thrust fault mapped on the property should also be investigated for enhanced gold values in a geological setting similar to the "White Gold" property, now owned by Kinross Gold.
The Qualified Person for the purpose of National Instrument 43-101 is William Mann, P.Geo., who has read and agreed with the technical information in this news release.
The Company is also pleased to announce that it has arranged for a private placement of up to 15,000,000 units for total proceeds of up to $750,000. The financing will consist of flow through and non-flow through units priced at $0.05 per unit. Each flow through unit will consist of one flow through common share and non-flow through share purchase warrant entitling the holder to purchase one additional common share for two years at a price of $0.10 per share. Each non-flow through unit will consist of one non-flow through common share and one non-flow through share purchase warrant entitling the holder to purchase one additional common share at the price of $0.10 per share in the years 1&2, $0.15 per share in year 3 and $0.20 per share in years 4&5. In accordance with Exchange policies, finders' fees may be paid on the funds raised. The private placement is subject to regulatory approval and the proceeds will be used for exploration programs and general working capital.
About the Connaught Property:
Previous exploration at the Connaught Property revealed silver, gold and lead mineralization in 14 veins over an area measuring roughly 11 kilometres by 4 kilometres. Porphyry and skarn mineralization is also present in the area.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with an excellent track record of discovery and development in Canada.
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which is currently processing material from local mines in the historic Slocan Silver Camp.
Or visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox interviews with Company President, Richard Hughes.
The statements made in this news 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 or contents of this news release.
http://www.marketwire.com/press-release/Klondike-Silver-Corp-Commences-2010-Gold-Silver-Exploration-Program-Connaught-JV-Project-TSX-VENTURE-KS-1269198.htm
For more information, please contact
Corporate Inquiries:
Klondike Silver Corp.
Kevin Hull
(604)-685-2222
or
Klondike Silver Corp.
Alan Campbell
(604)-685-2222
info@klondikesilver.com
Klondike Silver Corp. Commences 2010 Spring/Summer Regional Exploration Program in Silvana Silver Camp
- First Phase of Exploration to Focus on Existing High-Grade Targets, Including McLanders Vein, Which Is Unusually Silver Rich, With Grab Samples Assaying Up to 197 oz/ton Silver
- Second Phase to Expand on Anomalies Discovered During 2009 Soil Sampling and VLF Surveys as Well as Test for Extensions on Several Historic Zones
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2010) - Klondike Silver Corp. (the "Company") (TSX VENTURE:KS) is pleased to announce it has commenced an aggressive regional exploration program in the Slocan Silver Camp for the spring/summer exploration season. Underground work at the Silvana mine is ongoing and the Company expects to provide an underground exploration update in the near future.
"The Company expects compilation work completed over the winter to greatly assist in defining and expanding exploration targets throughout the Slocan during the course of the 2010 program," commented Company President, Richard Hughes. "The experience and local knowledge present in our exploration team is expected to greatly enhance the effectiveness and efficiency of this year's program."
Regional Program Highlights:
* Surface work to advance exploration begun last year on numerous properties in the Slocan Silver camp.
* Geotronics Consulting Inc. has been contracted to undertake an IP geophysical survey on several of these properties, starting immediately.
* The survey will be done in conjunction with a ground VLF-EM and magnetometer survey, in an attempt to discover extensions of known mineralization and/or to test geochemical anomalies
* First phase of exploration will target the McLanders vein on the Wonderful property, which was both drilled and trenched in 2005. The McLanders vein is unusually silver rich, with grab samples assaying up to 197 oz/ton silver.
* Second phase of exploration will focus on other properties including testing for an the western extension of the Violamac and Hinckley deposits, the western and eastern extensions of the Hewitt-Van Roi vein system, and the eastern extension of the Richmond-Eureka in the Cody Creek drainage basin
* Exploration during the 2010 season will include more detailed geochemical surveys, particularly in areas where 2009 surveys indicated broad silver-lead soil anomalies.
* Trenching, begun late in the 2009 season, will continue to test coincident geochemical and geophysical anomalies.
The Qualified Person for the purpose of National Instrument 43-101 is Trygve Höy, PEng, PhD who has read and agreed with the technical information in this news release.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with an excellent track record of discovery and development in Canada.
Klondike Silver Corp. has assembled a quality portfolio of silver properties in historic mineral districts in North America, and is applying advanced exploration technologies to add value to these core assets. Klondike Silver is reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which is currently processing material from local mines in the historic Slocan Silver Camp.
Visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox interviews with Company President, Richard Hughes.
The statements made in this news 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 or contents of this news release.
For more information, please contact
Corporate Inquiries:
Klondike Silver Corp.
Kevin Hull or Alan Campbell
(604) 685-2222
(604) 685-3764 (FAX)
info@klondikesilver.com
www.klondikesilver.com
or
AGORACOM Investor Relations
KS@agoracom.com
www.agoracom.com/ir/KlondikeSilver
http://www.marketwire.com/press-release/Klondike-Silver-Corp-Commences-2010-Spring-Summer-Regional-Exploration-Program-Silvana-TSX-VENTURE-KS-1266734.htm
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