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Klondike Silver Discovers Multiple Gold Zones
Hello Lebaneseproud,
Did you see the following news release? The Connaught Property looks like a winner! I can't wait for news from the Slocan Camp to come out. They must be making a nice profit from the mill at Slocan with the big gain in the silver price.
We need to keep the faith!
Klondike Silver Discovers Multiple Gold Zones
September 14, 2010
Klondike Silver Corp. Discovers Multiple Gold Zones on ATAC Resources Joint Venture
--------------------------------------------------------------------------------
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 - 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.
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.
You got to the main attraction for me. I too believe they are sitting on a lot of silver. I believe silver prices are going much higher and as a result Klondike Silver will eventually go a lot higher.
Thanks for the information GoldEagle39! You and I share a lot of the same concerns. It seems that KS has a well deserved reputation for not putting a high priority on investor relations. On the positive side, I think the company is fully committed to finding and bringing silver to the market, and still belive the company will be highly successful. They are sitting on a huge amount of silver and I don't think it will be too long until the share price begins to go up. What separates KS from most explorers is they have an opeartional mill and all mining permits in place at Slocan, so they can quicly move from an explorer to a producer. Let's hope that happens this year!
I checked the documents at Sedar and found that the lack of information during the summer months is similar to prior years. They issue a M D& A in late April and then not again until Nov.
Interim financials, 2/28 are issued in late April and then no financials until the audited ones for y/e 5/31 in late September.
I would like to know how the mill is progressing?? Last year I was looking forward to positive cash flow from the mill only to find out the ore trucked in from Alaska was sold at a loss due to market conditions. This year processing local ore and better market conditions should make the results much better?
I like the potential of their properties and feel that silver will soon get it's day.. $25-50 silver would help this $.04 stock. Dilution is a real concern..
I always wonder if a CEO with good management skills might have made some different decisions over the last few years and provided the shareholders with a viable company with minimal share dilution?? I've seen several companies that have geologists that are good at finding properties but they lack ability or time to advance the company and create shareholder value..
The only interesting thing at sedar was Joe Dwek, management consultant in Toronto bought a lot of shares with attached warrants. He also invested in Kalahari. Those seem to be the two Hughes companies with some potential.. IMHO.. I hope Joe knows what he is doing.
Also the fact that they spent huge amount of money in Mexico and come up empty handed, well that's how I understand it. Then didn't PR the results.
Kiwi
I am holding, watching, and waiting too, but am not sure about being confident. Can you share why you feel confident about KS? I would like to be confident! I do believe the company has excellent silver potential, but am concerned about the serious dilution in shares. I am curious why KS has not released any information on the revenue generated by the mill in Slocan, as this would be great news. Have you heard anything on that end? Thanks for the encouragement!
Holding, watching, waiting and still confident.
Hello Lebaneseproud,
I am still hanging on as well, even though the stock price has been pretty depressing. I am hopeful of some good news on exploration results soon at Slocan and Connaught. I wish KS would share some results on the revenue generated by the mill at Slocan. They must be making some decent income, as the siver price is much better than last year. What do you think?
Klondike Silver Corp. Completes First Phase of Gold and Silver Exploration Program at Connaught JV Project
- 96 New Claims Staked to Cover Favourable Geology on Southern Border
- First Phase of 2010 Exploration Program Completed - Awaiting Assays
- Favourable Intrusive Rocks Much More Extensive Than Previously Mapped
- Soil Geochemical Survey Completed Over Broad Area South of Previous Surveys
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 22, 2010) - Klondike Silver Corp. (TSX VENTURE:KS) (the "Company") is pleased to announce that the first phase of a significant exploration program has been completed at its Connaught Project (50-50 Joint Venture with ATAC Resources Ltd.). The program expanded on the soil geochemical programs of the past three years, and followed up with mapping and prospecting in areas of multi-element anomalies. A program of claim staking was completed to cover several areas of favourable intrusive and skarn geology, and geochemical and geophysical anomalies. A second phase of exploration will be conducted in August, once analytical results are received.
"We are encouraged with the progress made on the Connaught Project made thus far and look forward to moving ahead with a second phase of exploration in August. We are optimistic in this property's potential for both gold and silver," commented Company President, Richard Hughes. "Ongoing exploration will continue to 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."
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.
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 will also be investigated for enhanced gold values in a geological setting similar to the "White Gold" property, now owned by Kinross Gold.
Geological mapping in 2010 has revealed that intrusive lithologies are much more extensive than previously known. A pluton previously mapped as less than one kilometer in diameter has now been extended to roughly 6 km by 0.5 to 1.5 km. The granitic body is dominantly quartz monzonite which is recessive weathering, with lesser granodiorite that is resistant to weathering. Several bodies of highly felsic granite, including rare graphic granite pegmatite have also been mapped. The felsic intrusive lithologies were not previously documented on the property. Bands of marble and skarn have also been shown to extend from previously known outcrops on the property. The pyroxene-garnet skarn is enriched in copper and zinc, and has been sampled to evaluate gold content which was not previously examined.
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 Board of Directors is also pleased to announce the appointment of Diana Mark as Corporate Secretary and Kathi Bartels as Assistant Corporate Secretary.
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.
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
Click here to see all recent news from this company
JOINT VENTURE - ESPIRITU- Klondike Silver and Kootenay Gold Report on 2135m in ten holes at Espiritu Porphyry Prospect, Sonora, Mexico
May 07, 2010
www.kootenaygold.ca/s/NewsReleases.asp
http://www.kootenaygold.ca/s/NewsReleases.asp?ReportID=399480&_Type=News-Releases&_Title=htmlFONT-COLOR0066CCbJOINT-VENTURE-bfonthtmlESPIRITU-Klondike-Silver-and-Ko...
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
News out again today, good buying here now IMO
Kiwi
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
Click here to see all recent news from this company
Im still here and am not selling
wow, that is some pretyy serious dilution there by ks. dissapointing
Share Capital - As at 1 February, 2010
Issued 185,713,085
Warrants 97,178,626
Options 17,178,500
Properties 1,050,000
Fully Diluted 301,120,211
UGH!
I'm still holding a fistfull of Klondike Silver. Are others still holding, as well?
sumisu
I suspect wont be quiet too much longer
Anything doing here? Seems quiet!
Added 50,000 shares @A$.0636; this was my lowest price to date.
sumi
Been adding more. These take patience but thats the type of investor I am and this one will be a big winner imho.
i added some of this GEM today as well...
Spark and Texas Ripper, I added Doubloon's post to the sticky post section of this board for future reference for us and newbies to this investment.
I'm elated in being an investor of Klondike Silver Corp.
sumi
Slocan Silver Camp
Klondike Silver Corp. (KS: TSX-V)'s vast Slocan holdings contain several past producing mines where over 24 million ounces of silver, 190 million pounds of lead and 113 million pounds of zinc were recovered from approximately 1.6 million mined tons. This past production was discovered as a result of mineralization coming to the surface. Klondike Silver Corp. believes that a substantial amount of mineralization is yet to be discovered by modern exploration methods. To this end, recent trenches cut below the Wonderful mine on geochem and VLF anomalies produced very impressive results including samples up to 135 oz./ton silver and 70% lead and carrying up to 0.1 oz./ton gold. (See Nov.15, 2004 and Feb.19, 2005 News Releases).
These key new discoveries, only a kilometer from the Sandon mill, display the fine grained and sheared texture characteristic of high-grade Slocan silver ore. Application of modern geophysics, geochemistry and follow up trenching on the Wonderful property has strongly encouraged Klondike Silver to systematically apply this technique to the many, steeply dipping silver-lead-zinc veins near the northern margin of the Nelson batholith near Sandon. These vein systems, previously mined in the 1890's and early 1900's are largely covered by thick overburden and lend themselves well to the application of these specific exploration techniques.
Klondike Silver hopes to identify additional new, near surface, silver rich discoveries of both existing mine extensions and blind, overburden covered veins. Further trenching and preparations for diamond drilling along coincident VLF-EM and silver/lead soil anomalies will continue in the spring and summer of 2005. Prime exploration targets where likely vein extensions occur in overburden covered areas are; the Ruth Hope where 2.474 million ounces of silver and 22.3 million pounds of lead was recovered from only 66,754 mined tons; Silversmith where 7.2 million ounces of silver and 71.7 million pounds of lead was recovered from 391,331 mined tons; Hewitt where 1.9 million ounces of silver and 3.9 million pounds of lead was recovered from 124,000 mined tons and the Arlington where over 1.01 million ounces of silver and 2.9 million pounds of lead was recovered from 80,344 mined tons.
Klondike Silver Corp. Cuts New Drill Station and Continues Drift Westward in Footwall of Main Lode Structure
- STAGE 2 DRIFT COMPLETED
- DRILL STATION NUMBER TWO TO TEST FOR MINERALIZATION WITHIN LODE STRUCTURE
http://finance.yahoo.com/news/Klondike-Silver-Corp-Cuts-New-ccn-1316092048.html?x=0&.v=1
Press Release Source: Klondike Silver Corp. On Monday December 21, 2009, 9:02 am
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2009) - Klondike Silver Corp. (the "Company") (TSX VENTURE:KS - News) is pleased to announce it will be cutting a new drill station to advance underground exploration as well as commence a 300 foot extension to the existing drift.
A map and diagram have been prepared highlighting the Company's current underground operations. To view the image, please click on the following link or cut and paste the link into your browser:
http://media3.marketwire.com/docs/KS_Slocan_Plan_View.pdf
Stage #1: A 525 foot drift to the southwest with Drill Station #1 at the end. Drilling here indicated lode structure which directed the Company to go west. (See news release August 27, 2009)
Stage #2: A 300 foot drift (See news release October 7, 2009) westward into the footwall of the Main Lode structure and was recently completed. Drifting in the footwall, or below the lode, will allow the Company to use gravity in the removal of mineralized material should there be any identified within the lode. Drill Station #2 is currently being cut at the end of this drift and diamond drilling will take place in the New Year. Drilling from Station #2 will be towards the Main Lode structure to determine if mineralization is evident. The initial program, approximately 2000 feet planned, is expected to be completed by mid-March.
Stage #3: While diamond drilling is taking place at Station #2, a 300 foot extension to the Stage #2 drift will commence with a diamond drill station cut at the end. This drift will continue on in a westward direction unless the lode structure alters. Work is planned to be completed near the end of February. Drifting may be stopped in the event that mineralized zones are located through diamond drilling from Station #2.
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 to the west of this productive zone, to within 0.5 km of 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.
The Silvana Mine is one of 29 former producers staked or acquired by the Company within the Slocan Camp. Other assets include extensive exploration lands and a fully permitted 100-tonne-per-day (TPD) flotation mill.
The Silvana Mine produced approximately 8 million ounces of silver and more than 30,000 tons each of lead and zinc from 550,000 tons of mill-feed mined from a 1.5-kilometer section of the "Main Lode" under Silver Ridge. This section was explored, developed and mined almost continuously from 1970 to 1993 by the Silmonac Syndicate and its successors, including Kam-Kotia Mines Limited, Silvana Mines Inc., Dickenson Mines Limited and Treminco Resources Ltd. Sporadic mining has since been conducted by other companies, including Klondike Silver.
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 a stellar 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. As well, Klondike Silver entered into a joint venture with Kootenay Gold Inc. to explore a copper-porphyry property in the state of Sonoro in northern Mexico.
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.
Contact:
Kevin Hull or Alan CampbellKlondike Silver Corp.(604) 685-2222(604) 685-3764 (FAX)info@klondikesilver.comwww.klondikesilver.comEmail: KS@agoracom.comAGORACOM Investor Relationswww.agoracom.com/ir/KlondikeSilver
Klondike Silver Corp. Negotiates New Smelter Contract
- SMELTER BASIC TREATMENT CHARGE MORE THAN 10% LESS THAN PREVIOUS CONTRACT
- MONTHLY SHIPMENTS TO COMMENCE DECEMBER 20, 2009
- COMPANY HAS BEEN ASKED TO CUSTOM MILL MATERIAL FROM REGIONAL MINE
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2009) - Klondike Silver Corp. (the "Company") (TSX VENTURE:KS) is pleased to announce it has negotiated a new contract with a regional smelter to process material from their mine and mill site at Sandon, BC. The contract was negotiated with a smelter basic treatment charge more than 10% less than the previous contract. The contract is for the month of December 2009 and all of 2010.
Concentrate milled from the 4755 level will be shipped commencing December 20th with monthly shipments to be continued. Management plans to continue test mining while conducting further underground exploration in the Silvana, Wonderful and Hinckley mines. The concentrate from the material will be shipped to smelter subject to an agreed upon schedule.
The Company will continue its vigorous regional exploration program with emphasis being placed on locating and recovering zinc zones previously ignored due to low prices or penalties being assessed. Management team is pleased with the progress being made in the Silvery Slocan and looks forward to building on its successes.
Custom Milling
KS has been asked to custom mill material from a mine located within 100 miles of the Sandon mill. This milling will take place as soon as all ministry requirements have been met. Custom milling of this material is expected to bring considerable revenue to the Company. Material from the Sandon operation will continue to be the priority for the mill.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with a stellar 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. As well, Klondike Silver entered into a joint venture with Kootenay Gold Inc. to explore a copper-porphyry property in the state of Sonoro in northern Mexico.
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
info@klondikesilver.com
or
AGORACOM Investor Relations
KS@agoracom.com
http://www.agoracom.com/ir/KlondikeSilver
Click here to see all recent news from this company
Experts expecting a rush to Canadian mining stocks ahead of year end
http://www.mineweb.co.za/mineweb/view/mineweb/en/page67?oid=94583&sn=Detail
Anecdotal evidence points to a situation where a number of investors, seeking to manage unexpected capital gains in 2009, will jump into tax-friendly Canadian flow though shares - particularly in junior miners
Author: Pav Jordan (Reuters)
Posted: Wednesday , 16 Dec 2009
TORONTO (Reuters) -
Flow-through shares are an excellent way for Canadian investors who capitalized on the market rebound this year to save on tax bills. But they will have to hurry because time has almost run out.
Flow-through shares, issued by mining companies to finance exploration in Canada, allow stockholders to offset or defer taxable income on their Canadian returns. Investors can buy them directly or through limited partnerships.
Canada implemented the tax incentives more than two decades ago to stimulate mining exploration, and the investment vehicle is credited with some major discoveries, including one of the world's largest nickel finds, Voisey's Bay in Labrador.
"'Tis the season for flow-through," said Nigel Nicholas, vice-president for business development at Trinity Wood Capital Corp, a Toronto based investment-banking firm that specializes in mining flow-through.
Anecdotal evidence suggests a potential rush to flow-through this year as investors seek to manage unexpected capital gains from 2009. Many are racing to buy flow-through in junior miners to defer big tax bills.
"My impression is the number of financings I am seeing is up, in part because the economy is reviving and gold is going through the roof. There are a lot of capital gains to offset," said Ed Thompson, who sits on the board of several mining companies.
Thompson and others point out flow-through investments are typically most useful to high-net-worth individuals.
Importantly, flow-through investment allows deductions at full rates when you buy, and taxation at lower capital-gains rates when investors sell.
Flow-through takes advantage of Canadian Exploration Expense (CEE) stipulations that allow investors to write-off 100% of CEE against their taxable income.
Trinity Wood's Nicholas explains the process as follows:
"An investor in the Trinity Wood fund who has income of C$200,000 and makes a C$50,000 investment in our fund receives tax-saving of C$28,650. The investor's at-risk money is now only $21,350. If the fund reaches break-even, their $50,000 will now be taxed at capital gains rate and they will receive after tax C$38,400."
Since the investment has been written off, the adjusted cost base of the investment is now zero, said Nicholas. When the shares are sold, the full proceeds are taxed at capital gains rates of 23.2% instead of the highest rate of 46.41 percent.
Other tax incentives such as the so-called 15% super flow-through tax credit increase the total savings even further.
Government and industry data show mining flow-through share financings are down to about C$422 million in the year through October, although experts say that will likely jump in the final quarter. In 2007 mining flow-through share financings hit a record C$1.773 billion.
Income tax benefits to individual investors vary depending on the taxpayer's jurisdiction of residence, with the French-speaking province of Quebec currently offering the largest potential savings.
GOLD, DIAMONDS, NICKEL
Flow-through shares were key to making Canada the preeminent mining nation it is today, Thompson said.
Flow-through helped finance the 1993 discovery of the Voisey's Bay nickel deposit, now owned by Brazil's Vale (VALE5.SA: Quote). It also led to the discovery of diamonds at Lac de Gras, Northwest Territories, home to the Ekati mine owned by BHP Billiton (BHP.AX: Quote), and the Diavik mine, owned by Rio Tinto (RIO.AX: Quote) (RIO.AX: Quote) (RIO.L:Quote) , Harry Winston (HW.TO: Quote) (HW.TO: Quote) (HWD.N:Quote) and Kinross Gold (K.TO: Quote) KGC.TO.
Flow-through issues are typically priced higher than regular shares because of the tax benefits, making them even more of a gamble for investors, although slow market conditions lowered premiums this year.
Some criticize use of the shares, which are usually sold in conjunction with regular stock in public companies, because exploration is by nature highly speculative.
"So, really what happens is investors get into doing the flow-through due to their dislike of taxes and they forget that what's of underlying interest is that you get your money back from your investment and you get a good return," said Tim Logan, a portfolio manager for Cockfield Porretti Cunningham in Toronto.
Either way, appetite for flow-through is said to be on the rise, with the last firms closing out funds this week and next.
"The switch happened around September, when gold started to fly and the market started to see a lot more retail activity," said Nicholas, whose 2009 fund closes at the end of this week.
He predicted 2010 will see junior mining companies turn in one of their best performances in a decade. (Reporting by Pav Jordan; Editing by Frank McGurty)
© Thomson Reuters 2009 All rights reserved
Klondike Silver and Gold mentioned in NBRI PR today if any one is interested, inferring that NBRI could get a JV offer for these neighboring claims. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44573935
From the PR:
In the Slocan Silver camp, where North Bay is second to only Klondike Silver Corp. as the largest single stakeholder in the area, Klondike recently announced that it has completed a four hole surface drill program in the Hewitt Van-Roi exploration area, with the final hole intersecting a wide structural zone on strike with the Hewitt vein, and which is believed to be an extension of the lode system.
The Hewitt claims are adjacent to North Bay's North Star Silver property, the eastern extension of which comes within half a mile of the Hewitt vein. In addition, recent trenching by Klondike around the historic Jackson mine has returned assays as high as 2895 grams (93 ounces) per tonne silver, 72.42% lead, and 2.41% zinc.
The Jackson mine is less than one mile from North Bay's Green Horn claim group (MINFILE 082FNW030), where past-production records indicate yields of 753 grams (24.2 ounces) per tonne silver and 2.2 grams per tonne gold.
These properties are along the Main Lode structure of the Silver Ridge, which was described recently by Klondike as "the principal source of the Slocan Camp's silver-lead-zinc production."
The Company believes that Klondike's work in the area is a testament to the theory that many of the historic mines abandoned years ago have yet to realize their full economic potential, and where new technology and modern mining methods can tap into large deposits of mineralization that were either previously undetected or else discarded due to low metal prices in prior years.
Kiwi
kiwisteve: Excellent Research. wow eom
Re. Klondike Silver Corp. Acquires Timmins Property With Multiple VTEM Anomalies and Historic High-Grade Vein Mineralization
- HISTORIC CHANNEL SAMPLING REPORTED 27.09% LEAD, 6.17% ZINC AND 3.2 OZ/TON SILVER OVER 2.25 FEET
- MULTIPLE AIRBORNE VTEM ANOMALIES OCCUR IN PROXIMITY TO HISTORIC RICH LEAD-ZINC-SILVER VEINS
- POSSIBLE VMS TYPE DEPOSIT, VEINS HOSTED IN FELSIC AND MAFIC VOLCANIC PACKAGE OF ROCKS
(VTEM) - Versatile Time Domain Electro-Magnetic system.
Regarded as the best geophysical technique for identification of concealed massive sulphide deposits.
Klondike Silver Corp. Acquires Timmins Property With Multiple VTEM Anomalies and Historic High-Grade Vein Mineralization
- HISTORIC CHANNEL SAMPLING REPORTED 27.09% LEAD, 6.17% ZINC AND 3.2 OZ/TON SILVER OVER 2.25 FEET
- MULTIPLE AIRBORNE VTEM ANOMALIES OCCUR IN PROXIMITY TO HISTORIC RICH LEAD-ZINC-SILVER VEINS
- POSSIBLE VMS TYPE DEPOSIT, VEINS HOSTED IN FELSIC AND MAFIC VOLCANIC PACKAGE OF ROCKS
Companies:Klondike Silver Corp (Tier2)
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2009) - Klondike Silver Corp. (the "Company") (TSX VENTURE:KS - News) is pleased to announce, subject to regulatory approval, the option to acquire a 100% interest in the Cleaver Central property, located 30 km south of Timmins, Ontario in Cleaver Township. The property consists of four claims (46 units) and access is via an all-weather road from Timmins.
To view a map of Klondike Silver's newly acquired Cleaver Central property, please click on the following link or cut and paste the link into your web browser:
http://media3.marketwire.com/docs/tw_map_1215.pdf
"Historic high-grade lead-zinc-silver veins in conjunction with never before tested VTEM anomalies make the Cleaver Central property a top priority in Klondike Silver's Ontario exploration plans," comments Company President, Richard Hughes. "It is not yet known whether a relationship exists between these historic veins and the VTEM anomalies, but given their proximity to one another, immediate exploration is warranted. This is an exciting acquisition for the Company as it continues to diversify its portfolio in order to gain maximum exposure to both precious and base metal markets. Drilling has now commenced on our joint-ventured Espiritu property in Mexico and we will soon be providing an update on our Sandon operations, where recent underground drilling has located what is believed to be an extension of the camp's 'Main Lode' structure. We look forward to advancing these properties as well as the Cleaver Central property into 2010 and beyond."
Consideration for the property consists of $105,000 and 400,000 shares, payable over 36 months. There is a 3% net smelter return payable, of which one-third (1%) may be purchased for $1,000,000. A further 100,000 common shares are issuable upon completion of a positive feasibility study.
Klondike Silver plans to carry out ground geophysical and prospecting surveys to assess potential relationships between the mineralization found in historic veins and the VTEM geophysical anomalies.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with a stellar 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. As well, Klondike Silver entered into a joint venture with Kootenay Gold Inc. to explore a copper-porphyry property in the state of Sonoro in northern Mexico.
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.
Contact:
Kevin Hull or Alan CampbellKlondike Silver Corp. (604) 685-2222 (604) 685-2222Email: info@klondikesilver.comEmail: KS@agoracom.comAGORACOM Investor RelationsWebsite: http://www.agoracom.com/ir/KlondikeSilver Buzz up! 0 SendSharePrint
Klondike Silver Corp: Drilling Commences on Espiritu Gold-Copper Porphyry Project
- 1000 METER, PHASE ONE DRILL PROGRAM WILL TEST POTENTIAL OF LARGE SCALE PORPHYRY SYSTEM
- EROSION OF THE LEACH CAP HAS EXPOSED ENRICHED SUPERGENE GOLD COPPER SYSTEM
- COPPER VALUES IN SAMPLES TAKEN FROM LEACH CAP IN NORTHEAST ZONE CONSISTENT WITH THOSE TAKEN ABOVE OTHER PORPHYRY DEPOSITS IN NORTHWEST MEXICO AND SOUTHWEST USA
- MINERALIZATION AND ALTERATION OCCUR WITHIN A 1-2 KM BY 5 KM STRUCTURE, TWO ZONES IDENTIFIED TO DATE; NORTHEAST AND SOUTHWEST
- PHASE ONE DRILLING TO DETERMINE THICKNESS OF SUPERGENE ENRICHED LAYER
Press Release
Source: Klondike Silver Corp.
On 9:01 am EST, Thursday December 3, 2009
http://finance.yahoo.com/news/Klondike-Silver-Corp-Drilling-ccn-1076201222.html?x=0&.v=1
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2009) - Klondike Silver Corp. (the "Company") (TSX VENTURE:KS - News) and Kootenay Gold Inc. (TSX VENTURE:KTN - News; "Kootenay") are pleased to announce the phase one diamond drill program has commenced on the Espiritu Gold - Copper porphyry system in Sonora, Mexico.
"We are excited to be moving forward with a much anticipated drill program on the Espiritu project and look forward to testing the potential large scale porphyry gold-copper system," comments Company President, Richard Hughes. "A significant amount of work has been completed by joint venture partner, Kootenay Gold, to advance the property to this point including sampling of the leach-cap zone which has produced copper values consistent with those taken above other porphyry deposits in northwest Mexico and the southwest USA. Initial drilling on the property will focus on determining the thickness and mineralization grade of the enriched Supergene layer."
Drilling will consist of a minimum 1000 meters of HQ core and comprise of 4 to 6 holes in 4 drill sites 100 to 500 meters apart. It is anticipated it will take 3 to 4 weeks to complete the program.
The Espiritu project is owned 100% by Kootenay Gold Inc. and is under option to Klondike Silver Corp. who have the right to earn a 50% interest in the project by making certain payments and exploration expenditures (March 31, 2008).
Geology
The Espiritu project is host to an extensive area of polymetallic vein, stockwork, breccia and gold-copper porphyry mineralization. The evidence of Silver-Gold enriched veins occurring within and adjacent to the gold-copper porphyry style mineralization significantly enhances the economic value of the project due to the potential existence of a strong precious metal component.
Mineralization and alterations are hosted along a 5 km east northeast trending structure that measures between one and two km in width. Two zones of mineralization have been recognized; the northeast zone dominated by a porphyry setting is separated by a major fault from the southwest zone dominated by veins and stockworks of precious and base metal mineralization. The two zones appear to be genetically related with the polymetallic vein/stockwork systems representing mineralization that would be expected to overlie the porphyry setting.
Northeast Zone
The northeast Espiritu porphyry prospect is a 2.2 x 1.4 km sub-circular area defined by a concentric pattern of zonation diagnostic of copper gold porphyry deposits. The different zones are strong propylite, argillic, sericitic and potassic alteration hosted in a biotite, feldspar quartz porphyry.
Mineralization and alteration covers a 1.5 km x 1 km zone. In the biotite zone of alteration, 19 grab samples from the disseminated and fracture mineralization showed good values of copper (average 0.24%) and gold (average 0.239 gpt). In the argillic/sericitic zone of alteration or leach-cap zone, extensive leaching of the fracture and dissemintated mineralization has taken place, and the average copper content shows values of 0.034%, consistent with the general average copper values within the leach-cap zones that sit on top of known porphyry deposits of the southwest USA and northwest Mexico. The polymetallic veins show anomalous values in gold (to a high of 3.60 gpt) and silver (to a high of 462gpt). All samples are grab samples.
Southwest Zone
The southwestern part of the system is represented by veins, breccias and stockworks anomalous in gold, silver, copper, lead and zinc.
At present, the main mineralization in the southwest is defined by several zones spread out along a 2 km length. These are named the west, central and east polymetallic zones. Anomalous mineralization has been recognized in two other separate zones: the PS-1 zone about 2 km to the northwest and the PS-2 zone about 500 metres to the east.
Two stages of mineralization are noted; one stage marked by mainly quartz veins low in all metal values and a second stage marked by veins, breccias and stockworks of polymetallic gold, silver, copper, lead and zinc mineralization.
Fifty-eight grab samples were collected within the west, central and eastern parts of the southwest polymetallic zone. The polymetallic veins averaged 226 gpt silver, 1.58% lead and 1.57% zinc associated with 0.18 gpt gold and 0.15% copper. From the 35 samples collected from the polymetallic system, 18/35 were greater than 0.100 gpt gold and 29/35 were greater than 30 gpt silver.
The PS-1 area gave values of 0.84, 0.50 and 0.46 gpt gold and 277 and 217 gpt silver associated with anomalous lead (to 6%) and zinc(to 1.5%). The PS-2 zone gave silver values of 686, 644 and 487 gpt and anomalous copper, lead and zinc from thirteen samples has been noted. Anomalous values of molybdenum (to 0-0.129%) were noted from this area.
QA/QC
All samples were placed and sealed with tape into a plactic rock sample bag. Each sample was labeled and catalogued and delivered to ALS Chemex's preparation laboratory in Hermosillo, Sonora Mexico where pulps are made of each sample which were then sent to the ALS Chemex laboratory in North Vancouver, B.C. Canada. Each sample was analyzed with a multi acid digestion ICP AES (Plasma Emission Spectroscopy). Samples with precious exceeding the upper detection limit of the ICP AES are analyzed again using fire assay methods with either atomic absorption, emission spectroscopy or gravimetric finishes for gold and silver. Base metals exceeding upper limits are reanalyzed using a four acid ore grade analysis. All samples referred to herein are grab samples. ALS Chemex is an internationally recognized independent laboratory operating to ISO 17025 quality assurance standards. The drill contractor is Globexplore located in Hermosillo, Sonora Mexico.
The foregoing geological disclosure has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of the Company.
The Company would also like to announce it has received approval from the TSX Venture Exchange to extend the term and reduce the exercise price of 5,178,301 warrants issued by the Company which expired on December 4, 2009 (the "Warrants"). The expiration date of the Warrants has been extended to December 3, 2012, and the exercise price reduced to $0.10.
The Company has also completed the private placement announced on October 27, 2009. The private placement consisted of 2,500,000 flow through units at a price of $0.065 per unit. Each unit consisted of one flow-through common share and one non flow through common share purchase warrant. Each common share purchase warrant will entitle the holder to purchase one common share at $0.10 per share until November 10, 2011, and $0.15 per share until November 10, 2014. Union Securities Ltd. was paid a cash commissions totaling $2,925. Shares issued are subject to a hold period expiring on March 12, 2010. Proceeds from the private placement will be used for exploration on the Company's British Columbia properties.
About Kootenay Gold
Kootenay is an emerging exploration Company actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. The Company is currently drill testing four separate projects. Kootenay's top priority remains the ongoing development of its Promontorio Silver project in Sonora State, Northwest Mexico, which encompasses the former producing Promontorio Silver Mine.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with a stellar 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. As well, Klondike Silver entered into a joint venture with Kootenay Gold Inc. to explore a copper-porphyry property in the state of Sonoro in northern Mexico.
Visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox interviews with Company President, Richard Hughes.
Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
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.
Contact:
Klondike Silver Corp.Corporate Inquiries:Kevin Hull or Alan Campbell(604)-685-2222info@klondikesilver.comwww.klondikesilver.comInvestor RelationsAGORACOMKS@agoracom.comwww.agoracom.com/ir/KlondikeSilver
TY and I will try and get some this week. I am loaded with PM stocks and I will do a little reading here in the next two days.
Klondike Silver trades on the US pink sheets under the symbol KLSVF.pk
KLSVF.pk ihub - http://investorshub.advfn.com/boards/board.aspx?board_id=9974
Welcome James444ct to Klondike Silver - lots of wise long john silver 'investors' here! ... just quietly waiting.
kiwi
Is there a symbol for the us markets?
>In the long run, you will not be disappointed with this investment. Thanks for making the commitment.
sumi
In here as of Friday for 66k shares. Happy to bump the ask.
Klondike Silver Samples 53 oz/ton Ag, 6.38% Pb, 10.49% Zn and Announces 2010 Exploration Plans for Stenson Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2009) - Klondike Silver Corp. (the "Company") (TSX VENTURE:KS) is pleased to announce that based on results from trenching and sampling in the Jackson basin area in 2009, an aggressive exploration program is planned in the northern part of the basin for the 2010 field season. Work in 2009 focused in the area of the past-producing Jackson mine. Little work was done on the large claim group immediately to the north, referred to as the Stenson property and including the western extension of the Bonton and Dardenelles veins. Past work on the Stenson by Klondike Silver has included a soil geochemical program, a ground magnetometer-VLF-EM survey and trenching.
Soil and geophysical surveys confirmed the east to northeasterly trend of Stenson mineralization and helped direct the trenching program which exposed a silver-lead-zinc vein. Analyses of selected samples of the vein returned values up to 53 oz/ton Ag, 6.38% Pb and 10.49% Zn.
Work in 2009 extended the soil and geophysical surveys to the west, towards the Bonton and Dardenelle showings. These deposits are interpreted to be on strike with the Stenson and are unusually rich with reported production (BC Minfile data base) of 760 tons containing 207 oz/ton Ag, 27.5% Pb and 0.6% Zn (Dardenelles) and 13 tons containing 229 oz/ton Ag and 22.3% Pb (Bonton). Proposed exploration is intended to focus on the western slopes of Jackson Creek between Stenson and Bonton showings. This work will include some fill-in soil geochemical and geophysical surveys followed by trenching in an attempt to expose the mineralized structure. The Company is encouraged by the high grades of the mineralized showings on east side of the property, the continuity and strength of the structure where exposed, and its similarity to the past producing Jackson lode.
Further to the Company's news release of October 27, 2009, the Company announces that it has amended its private placement of up to 2,500,000 units for total proceeds of up to $162,500. The financing will consist of flow through units priced at $0.065 per unit. Each of the units will consist of one 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 $0.10 per share in the first two years and $0.15 per share for the remaining three years. Proceeds from the private placement will be used for exploration expenditures.
The Company is also pleased to announce that it has arranged for a private placement of up to 12,000,000 units for total proceeds of up to $960,000. The financing will consist of flow through units priced at $0.08 per unit and non-flow through units priced at $0.065 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 $0.10 per share in the first two years and $0.15 per share for the remaining three years. 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.
The Qualified Person for the purpose of National Instrument 43-101 is Trygve Hoy, 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 a stellar 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. As well, Klondike Silver entered into a joint venture with Kootenay Gold Inc. to explore a copper-porphyry property in the state of Sonoro in northern Mexico.
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
or
AGORACOM
Investor Relations
KS@agoracom.com
www.agoracom.com/ir/KlondikeSilver
Click here to see all recent news from this company
Klondike Silver Corp Plans Follow-Up Program on Drill Intersection of 2393 g/t Silver Over 0.41 Meters in Gowganda, Ontario
http://finance.yahoo.com/news/Klondike-Silver-Corp-Plans-ccn-3262389543.html?x=0&.v=1
- PREVIOUS KLONDIKE SILVER DRILL HOLE HCL-0701 INTERSECTED 2,393 G/T AG, 0.31% CO, 0.46% CU AND 0.17% NI OVER 0.41 METERS FROM 99.97 TO 100.38 METERS
- DRILL TARGETS DEFINED FROM USING AIRBORNE VTEM SURVEY, FOLLOW UP DRILLING CURRENTLY BEING PLANNED
- DRILL INTERSECTION REPRESENTS A SIGNIFICANT DISCOVERY IN THE GOWGANDA ELK LAKE SILVER CAMP
- RECENT ASSESSMENT WORK HIGHLIGHTS HIGH-GRADE POTENTIAL
Press Release
Source: Klondike Silver Corp.
On 10:07 am EST, Thursday November 5, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 5, 2009) - Klondike Silver Corp. (TSX VENTURE:KS - News; the "Company") is pleased to announce results from an earlier drill program and reevaluation of the Corkill-Lawson silver project. The property is located approximately 15 kilometers southeast of the town of Gowganda, Ontario. Drill hole HCL0701, which intersected 2,393 g/t Ag, 0.31% Co, 0.46% Cu and 0.17% Ni over 0.41 meters from 99.97 to 100.38 meters, will be the primary focus of the upcoming program. The Gowganda area was the second largest silver producer in Ontario after the Cobalt area, having produced 60,186,782 oz Ag up until 1969.
"We are pleased to announce the Company is moving forward with the Corkill-Lawson silver project. Recent assessment work completed on the property clearly highlights its potential," comments Company President, Richard Hughes. "A review of previous drill data, including the high grade intercept mentioned, has been completed andwill guide future exploration efforts".
Original exploration by the Company was conducted to identify silver-cobalt-nickel veins hosted in and proximal to a Nipissing diabase dike that strikes north-south through the Corkill and Lawson townships. Drill targets were defined on the basis of VTEM airborne geophysical anomalies in conjunction with targeting mature differentiated diabase similar to the diabase hosted silver deposits of the Gowganda area.
The Company would also like to announce it underground work in the Silvana mine, in British Columbia is progressing well. A drift is currently being put into to what the Company believes is the western extension of the Main Lode structure, the controlling structure responsible for the majority of production in the Slocan silver camp. Underground drilling is also underway at the eastern end of the Silvana mine.
Peter Caldbick, P.Geo., is the qualified person for the purposes of National Instrument 43-101 for the Company's Corkill-Lawson Project. The technical contents of the press release have been reviewed and approved by Peter Caldbick.
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 is currently processing material from one of its Yukon properties and local mines in the historic Slocan Silver Camp.
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with a stellar track record of discovery and development in Canada.
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.
Contact:
Klondike Silver Corp.Corporate Inquiries:Kevin Hull or Alan Campbell(604)-685-2222info@klondikesilver.comwww.klondikesilver.comwith Company President, Richard Hughes:To see Smartstox interviewsAGORACOM Investor RelationsKS@agoracom.comwww.agoracom.com/ir/KlondikeSilver
The Slocan valley with it's 5 mines and 100 ton per day mill should be in operation by end of year to start production, right now they still consider it as a bulk sample mill so the income tax is at a lower rate.
Then the mexican property is also shaping up to be a mine of it's own.
This seems to be a very good low risk miner with at least 15 to 20 years of mine life and it's own mill
Still a little private placement to go through but by January this will start to take on it's own life, so right now we are early, but the train will leave the station soon and we have our ticket for the ride. I am guessing at least 400% increase in pps next year if not more... but that is a guess.
Can't believe only 11 board marks here! that's got to be good news for us patient folks because when we get to start selling there will be 100's of board marks!
Kiwi
>D., great information. Thanks.
sumi
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Klondike Silver - Canadian venture exchange - KS.V
Klondike Silver Corp. has assembled a quality portfolio of silver and silver-rich polymetallic properties in historic mineral districts of North America, and is applying advanced exploration technologies to add value to these core assets.
The Company holds more than 10,000 hectares of claims and crown grants in the "Silvery Slocan" district, including numerous past-producing mines and a fully permitted and operating mill near the historic mining town of Sandon, B.C.
Klondike Silver is reviving the historic Gowganda and Elk Lake silver camps in Ontario, and is exploring silver-rich polymetallic targets in the world-famous Klondike district of Yukon Territory.
The Company has also optioned a high-potential mineral concession in the under-explored historic mineral districts of Mexico.
Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by a team with a stellar track record of discovery and development in Canada.
THE TEAM: Klondike Silver is a member of the Hughes Exploration Group of Companies and is led by an award-winning management team with an established track record of mineral discovery and mine development in North America.
Founder Richard Hughes has created shareholder value for investors of numerous junior companies through his role in the development of the Hemlo gold camp of Ontario, and the Belmoral, Beaufor and Sleeping Giant gold mines in Quebec.
In the case of the world-class Hemlo Mine --- which produced 6.9 million ounces of gold --- an investment of $2,500 in the junior companies involved in the discovery would have been worth close to $1 million at its peak.
Companies in the Hughes Exploration Group have shared access to an extensive geological database and the diverse skills and experience of a major company-sized exploration team, which reduces overhead costs and improves the odds of success.
THE STRATEGY: The core assets of Klondike Silver --- a consolidated land package with ten historic mines and a 100-tonne-per-day mill in the prolific Slocan Mining Camp of BC --- were initially acquired by Klondike Gold, a member of the Hughes Exploration Group, during the industry downturn of the late 1990s and early 2000s. In 2005, Klondike Gold spun-off its silver holdings to Klondike Silver in order to create value for shareholders in a rising metal price environment.
Klondike Silver has also assembled properties in other historic silver-producing districts. The Company's goal is to rehabilitate and restore the most prospective mines to production and use the cash flow generated to explore the silver districts using advanced exploration technologies.
www.klondikesilver.com/i/pdf/HG_Review_PDAC_Feb10.pdf
Video - Mar-10-2010 Interview with Company President, Richard Hughes. www.smartstox.com/interviews/ks
www.klondikesilver.com/s/QwikReport.asp
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FILINGS & PUBLIC DOCUMENTS with SEDAR
http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00022916
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Share Capital - As at 1 February, 2010
Issued 185,713,085
Warrants 97,178,626
Options 17,178,500
Properties 1,050,000
Fully Diluted 301,120,211
Contact
Klondike Silver Corp. - Corporate Inquiries
Kevin Hull or Alan Campbell
(604)-685-2222
info@klondikesilver.com
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British Columbia:
Goldsmith Property
Kelly Property
Hewitt, Van Roi & Arlington Mines
Silvana/Hinckley Mine
Slocan -- Dragon
Slocan -- Payne
Slocan -- Tom Moore & Ogema
Slocan -- Jackson Group
Wellington
Ontario:
Yukon:
Connaught Prospect
Stump
Mexico:
www.klondikesilver.com/s/Mexico.asp
Espiritu (JV): http://www.kootenaygold.ca/s/JointVentures.asp
Mineralization and alteration at Espiritu is traceable in a northeasterly trend for approximately 4 kilometres and up to 800 metres in width. Greater than 0.100 g/t Gold was contained in 30 of the 150 grab samples including values of 1.078, 1.359, 1.781, 2.39 and 3.6 g/t. Silver values include highs of 114, 133, 138, 182, 199, 215 and 302 g/t. The average copper values from surface grab samples returned 0.27% (2700 ppm), including background levels. Lead returned values to 9.6% and zinc to 9.8%.
May 07, 2010
JOINT VENTURE - ESPIRITU- Klondike Silver and Kootenay Gold Report on 2135m in ten holes at Espiritu Porphyry Prospect, Sonora, Mexico www.kootenaygold.ca/s/NewsReleases.asp
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Marketwire: www.marketwire.com/mw/search.do
Jun 22, 2010 12:06 ET
Jun 03, 2010 11:16 ET
Klondike Silver Corp. Commences 2010 Gold and Silver Exploration Program at Connaught JV Project
Jun 01, 2010 13:14 ET
JOINT VENTURE - ESPIRITU- Klondike Silver and Kootenay Gold Report on 2135m in ten holes at Espiritu Porphyry Prospect, Sonora, Mexico www.kootenaygold.ca/s/NewsReleases.asp
May 07, 2010
Klondike Silver Corp. Commences 2010 Spring/Summer Regional Exploration Program in Silvana Silver Camp
May 26, 2010 12:11 ET
Klondike Silver Corp. Cuts New Drill Station and Continues Drift Westward in Footwall of Main Lode Structure
Dec 21, 2009 09:00 ET
Klondike Silver Corp. Negotiates New Smelter Contract
Dec 16, 2009 14:54 ET
Klondike Silver Corp. Acquires Timmins Property With Multiple VTEM Anomalies and Historic High-Grade Vein Mineralization
Dec 15, 2009 08:15 ET
Klondike Silver Corp: Drilling Commences on Espiritu Gold-Copper Porphyry Project
Dec 03, 2009 09:01 ET
Klondike Silver Samples 53 oz/ton Ag, 6.38% Pb, 10.49% Zn and Announces 2010 Exploration Plans for Stenson Property
Nov 10, 2009 23:58 ET
Klondike Silver Corp Plans Follow-Up Program on Drill Intersection of 2393 g/t Silver Over 0.41 Meters in Gowganda, Ontario
Nov 05, 2009 10:07 ET
Klondike Silver Corp Samples 1705 g/t Silver, 1.71 g/t Gold, and 12.2% Lead more Than 500 Meters Beyond Known High-Grade Trenches
Oct 30, 2009 09:15 ET
Klondike Silver Corp. Receives $1,050,960 from 506 Tonnes of Silver/Lead Concentrate
Oct 27, 2009 15:15 ET
Klondike Silver Corp. Completes Drilling at Hewitt-Van Roi
Oct 26, 2009 12:03 ET
Klondike Silver Corp. Commences Underground Drilling in 4625 East Decline
Oct 20, 2009 14:30 ET
Klondike Silver Corp. Commences Drift Extension Into Lode Structure to Test for Mineralization
Oct 07, 2009 14:15 ET
Klondike Silver Corp. Samples 17.59% Pb, 1.12% Zn, 687g/tonne Ag and Completes 10 Trenches in Jackson Basin
Sep 22, 2009 13:44 ET
Klondike Silver Corp. Discovers Western Extension of Lode Structure on Initial Underground Drilling of Silvana Mine
Aug 27, 2009 09:01 ET
Klondike Silver Completes Underground Drilling in Wonderful Mine
Aug 07, 2009 10:01 ET
Klondike Silver Acquires Former Producers in Slocan Silver Camp
Jul 23, 2009 11:23 ET
Klondike Silver Increases Land Position in Slocan Silver Camp and Closes Private Placement
Jun 26, 2009 11:07 ET
Klondike Silver Corp. Samples 420 g/t Silver, 34.0% Zinc and 3.7% Lead on Silverton Creek Property
Jun 25, 2009 10:51 ET
Klondike Silver Corp. Samples 351 g/t Silver, 10.29% Lead, and 8.1% Zinc in Jackson Basin
Jun 17, 2009 13:58 ET
Klondike Silver Corp: 2009 Regional Exploration Program Underway in the Slocan Silver Camp
Jun 11, 2009 10:43 ET
Klondike Silver Corp.: Test Mining at the 4755 Level of the Silvana Mine to Provide Mill Feed
Jun 03, 2009 13:00 ET
Klondike Silver Corp. Commences Drilling on Highly Prospective Segment of the 'Main Lode' Structure on Silver Ridge
May 28, 2009 11:20 ET
AGORACOM Announces "Must See Resource Companies" for Investors Attending PDAC Convention
Feb 27, 2009 13:43 ET
Wonderful Mine -- Raise and Level 3 Sampling Results -- Up to 50.25% Zinc
Dec 08, 2008 16:35 ET
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