01:59 PM EDT, 06/20/2017 (MT Newswires) -- Klondike Gold (KG.V) has provided an interim update on exploration activities at Lone Star within its Klondike District Property.

Visible gold has been identified in each of the first four drill holes at the Lone Star target that have been logged in detail. Thirteen diamond drill holes have intersected the prospective target horizon adjacent to the newly recognized "Bonanza Fault". Drilling is ongoing, averaging one complete hole per day.

The newly recognized Bonanza Fault is interpreted to be a significant locus for orogenic gold mineralization. Drilling has now intersected the Bonanza Fault over a 750-meter strike length. Recent mapping and geophysical surveys indicate a 7,500-meter potential strike length. 3D induced polarization surveying is underway. Approximately 15 line kilometers have been surveyed out of 40 line kilometers in total. Soil sampling has commenced. 2,057 samples have been submitted for analysis; up to an additional 5,000 are planned for collection.

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