07:34 AM EDT, 10/14/2016 (MT Newswires) -- Klondex Mines (KLDX) reported increased gold equivalent production for Q3 and said it is maintaining its output targets for the year.

Gold equivalent production was 108,634 ounces, consisting of 94,712 ounces of gold and 1.1 million ounces of silver. For the same period last year, gold equivalent production was 32,076 ounces, consisting of 26,300 ounces of gold and 443,576 ounces of silver.

For 2016, the company continues to expect output of 145,000 to 150,000 gold equivalent ounces for its Nevada operations and 8,000 to 12,000 gold ounces from mining and processing tailing at its True North operations.

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