San Gold Corporation (SGRCF)

[goldenpolarbear]

Shares in Klondex Mines Ltd. (KDX:TSX; KLDX:NYSE MKT) jumped nearly 6% on the TSX after the Vancouver-based company decided to put its underground True North Gold Mine in Manitoba, Canada back into full production.

Klondex also updated mineral reserve and resource at True North which includes 85,500 oz gold in reserves at an average gold grade of 7.5 g/t Au and total measured and indicated of 294,000 ounces and 460,000 ounces inferred.

The update includes only 15 of the 50 drill holes completed during the second quarter, so more positive announcement may be coming from the company, worth just over $1 billion in Toronto after rising 160% in value this year.

http://www.mining.com/go-ahead-for-manitobas-true-north-gold-mine/