NEVADA FIRE CREEK PROJECT NEARS BULK SAMPLING
Fire Creek expected to begin Bulk Sampling Program by end of 2013
Message: Klondex to Review High-Grade Nevada Gold Exploration Program at Resource Show
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VANCOUVER (Business Wire) -- Klondex Mines Ltd. (TSX: KDX) will review its 2010 exploration and development program and 2009 drilling results at its high-grade “Fire Creek” gold property in North Central Nevada at the Cambridge House Vancouver Resource Investment Conference, January 17-18, 2010. Klondex will exhibit in booth F600 at the Fairmont Hotel Vancouver and will be represented by William Solloway, President; Robert Sibthorpe, Technical Director; Brendan Donohoe, Treasurer and Director; and Fred Baker, Secretary.
Contact David Collins at 212/835-8500 or kdx@jcir.com to arrange a meeting with Klondex management at the show.
About Klondex Mines:
Klondex Mines Ltd. is a high-grade gold exploration company pursuing a hybrid exploration and underground development business model. Klondex is focused on the development of its high-grade Fire Creek gold deposit in North Central Nevada where it has identified the following NI 43-101 compliant resource:
| Fire Creek Project – Indicated and Inferred Resource * | ||||||||
| NI 43-101 Dated March 30, 2009 | ||||||||
| Classification | Metric | Grams Gold Equivalent | Total Ounces | |||||
| Tonnes | Per Metric Tonne | Gold Equivalent | ||||||
| Indicated | 5,043,033 | 10.11 | 1,639,822 | |||||
| Inferred | 1,833,423 | 8.63 | 508,799 | |||||
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*Fire Creek's gold equivalent resource is approximately 98.3% gold and 1.7% silver and reflects |
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a cutoff grade of 5 grams per tonne, with 60 units of silver equivalent to one unit of gold. |
For more information, please visit http://www.klondexmines.com
Richard Kern (P.Geo), of Reno, Nevada, a qualified person as defined under National Instrument 43-101 and has reviewed and approved the technical information contained in this press release.
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ON BEHALF OF KLONDEX MINES LTD. |
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| “William Solloway” | “Bob Sibthorpe” | |||
| President |
Technical Director |
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