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Saturday, 11/06/2010 4:12:57 PM

Saturday, November 06, 2010 4:12:57 PM

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Klondex to Review Nevada High-Grade Gold Program at Tumazos Metals & Mining Conference Wednesday, November 10th at 2:20 P.M. ET
Fri Nov 5, 3:56 PM

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VANCOUVER, British Columbia--(BUSINESS WIRE)--Klondex Mines Ltd. (TSX: KDX.TO), a high-grade Nevada gold exploration company moving into underground development, announced today that its President and COO, Blane Wilson, will present at the John Tumazos Very Independent Research LLC Metals & Mining Conference on Wednesday, November 10th at 2:20 p.m. Eastern time. Management will also be available for meetings on Tuesday, November 9th. The conference is being held in New York City at the New York Helmsley Hotel.

Live Webcast, Replay and Slides: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.klondexmines.com%2Fs%2FResearchReports.asp&esheet=6499515&lan=en-US&anchor=www.klondexmines.com%2Fs%2FResearchReports.asp&index=1&md5=1f81a02dc3edfcecd808bdda577f32e6. Webcast also available at: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.wsw.com%2Fwebcast%2Fvir6%2F&esheet=6499515&lan=en-US&anchor=www.wsw.com%2Fwebcast%2Fvir6%2F&index=2&md5=46b8b36f814f987d92bf48f026f20caa.

About Klondex Mines (www.klondexmines.com):

Klondex Mines Ltd. is focused on the exploration and development of its 100% owned high-grade Fire Creek gold deposit in North Central Nevada. Fire Creek is a compelling, low-Capex mining prospect that is well located near power, transportation, mining infrastructure and several milling facilities. Klondex has identified the following NI 43-101 compliant resource at Fire Creek:

Fire Creek – Indicated and Inferred Resource*
As of March 30, 2009
Grams Gold
Equivalent
Total Ounces

Classification Metric Tonnes Per Metric Tonne
Gold Equivalent

Indicated 5,043,033 10.11 1,639,822
Inferred 1,833,423 8.63 508,799
*The resource is approx. 98.3% gold and 1.7% silver and reflects a cutoff grade

of 5 grams per tonne and 60 units of silver equivalent to one unit of gold.


ON BEHALF OF KLONDEX MINES LTD.


William J. Solloway Blane Wilson
Chairman and CEO President and COO



Investors:
Klondex Mines Ltd.
Bryson Goodwin, 604-341-1531
brysongoodwin@shaw.ca

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