Drill Hole #2 Confirms Main Lode True Width 38.5 Meters (126 feet)
![Drill Hole #2 Confirms Main Lode True Width 38.5 Meters (126 feet)](https://www.minenportal.de/media/goldseiten-news.jpg)
MAIN LODE LOCATION: The SLOCAN MINING CAMP South Eastern B.C.
(vein structure) 138 km (86 miles) North of Teck's Zinc Silver Lead smelter.
LENGTH: 9 kilometers (5.6 miles) in total (East-West).
7 km (4 miles) (including "Silver Mile 1.6 km)
located in Klondike's 100 square kilometer land package.
The FOUR past producing mines located to the West of the Silver Mile on the Main Lode (Standard, Echo, Hecla and Mammoth) produced 831,670 tonnes per BC MINFILE:
Silver 377 g/t (11.0 oz per ton) - total 313,000 kg
Lead 5.19 % - total 43 million kg
Zinc 6.56 % - total 55 million kg
The NINE past producing mines located on Klondike Silver's Land Package (Jennie Lind-Read, Carnation, Evening, Silvana, Hope-Ruth, Silversmith-Slocan Star, Slocan King, Richmond-Eureka and Freddie Lee) produced 964,678 tonnes per BC MINFILE:
Silver 596 g/t (17.4 oz per ton) - total 574,883 kg
Lead 7.69 % - total 74 million kg
Zinc 4.19 % - total 40 million kg
SUMMARY
FOUR past producing Zinc Silver Lead mines to the West and NINE past producing Zinc Silver Lead mines on Klondike Silver's Land Package, all located on the 9 kilometer Main Lode, provide the evidence that the Silver Mile should host significant mineralization.
WHAT'S NEXT
To continue drilling along the Main Lode within the Silver Mile to discover additional Zinc Silver Lead mineralization.
ABOUT KLONDIKE SILVER:
Klondike Silver's Royalty Free ZINC SILVER LEAD land package (100 km2) is located in the SLOCAN MINING CAMP (Southeast British Columbia - 138 km North of Teck's Zinc Silver Lead smelter (Trail B.C.)). Based on the British Columbia MINFILE mineral database, sixty eight (68) of the one hundred and seventy three (173) past producing Zinc Silver Lead mines in the Slocan Mining Camp are located in the Klondike Silver land package. Klondike Silver has created the first real opportunity to invest in and properly explore a sizeable portion of one of the most historic mining camps in British Columbia. Klondike likes to think of the Slocan as the last best under explored Zinc Silver Lead camp in Canada.
The scientific and technical disclosure in this news release has been reviewed and approved by David Makepeace, P.Eng., Senior Geologist - Environmental Engineer for Micon International Limited, who is an independent consultant to the Company and Qualified Person as defined in NI 43-101.
On Behalf of the Board of Directors | Contact Information |
Corporate Inquiries: | |
"Thomas Kennedy" | Dale Dobson: (604) 682-2928 |
Thomas Kennedy, B.Comm., J.D. | Email: dale.dobson@klondikesilver.com |
CEO, Director |
This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Klondike Silver Corp. which may cause actual results, performance or achievements of Klondike Silver Corp. to be materially different from the results, performance or expectation implied by these forward looking statements. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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