Gold Miners ETF (GDX)

[DiscoverGold]

This Could Be The Biggest Gold Discovery In History
By Yahoo | August 20, 2017

Prospectors have mined 20 million ounces of gold from the Yukon’s famous Klondike since the Gold Rush. But they haven’t been able to find the original source—the multi-billion-dollar bedrock.

Until now.

A famous geologist armed with the latest in drone tech and robo-drills is certain he’s just found it.

This is the Mother Lode of Klondike gold that countless prospectors have been trying to get at for over a century.

It makes the 20 million ounces that have been collected on the surface of the seem like gold dust. A mere flash in the pan.

This is no longer a story of men with pick axes trying in vain to find the mega source that’s it’s all come from…

Now it’s a story of amazing technology that’s enraptured everyone on the Discovery Channel, a Canadian billionaire whose touch turns everything to gold, and a legendary geologist of gold-discovery fame.

The famous geologist is Peter Tallman. The company is Klondike Gold (TSX:KG.V; OTC:KDKGF), and their latest gold discoveries are the stuff of legend.

Not only are they sitting on massive acreage in one of the Gold Rush’s most pre-eminent venues, but they are also positioned in an area that has geology similar to the California Motherlode Belt, where 220 million ounces was discovered.

And the timing is urgent.

What Tallman has already discovered could be enough to make Klondike Gold a prime takeover target.

Here are 5 reasons to look at Klondike Gold (TSX:KG.V; OTC:KDKGF) right now:

#1 The Gold Discovery of the Century

Tallman believes he’s sitting on one of the sources of the historic Klondike gold fields, and he’s got plenty to prove it.

He’s tested the gold-bearing structure for 2 kilometers, and the gold is there, a source which he believes runs for 8 kilometers. He’s also identified three other gold-bearing structures—each 8 kilometers long.

What does that mean, exactly? It means they’ve got 30 kilometers of gold-bearing structure to test further.

By the end of last year, Klondike’s best drill holes showed 5 g/t over 14 meters and 76 g/t over 3 meters, keeping in mind that the industry average is 1.18 g/t.

These are phenomenal results, and Tallman is far from finished.

Right now, Klondike has three primary targets in its namesake Gold Rush venue:

• Lone Star is a 70-hole drill program, with results so far showing 2.4 g/t

• Gold Run is following up on visible gold bedrock samples from last year, with a 10-hole drill program

• Quartz Creek is continuing exploration, with 2,000 soil samples

* * *

https://finance.yahoo.com/news/could-biggest-gold-discovery-history-233000352.html

• DiscoverGold

*** For Market Direction and Trends visit our board:
https://investorshub.advfn.com/Market-Direction-and-Trends-26249/