Klondex Invites Shareholders to Visit at the Vancouver Resource Conference January 23-24 ? Booth 1122

Klondex Mines Ltd. (TSX: KDX) invites all investors and interested
parties to join the management team for an update on its Fire Creek
property in North Central Nevada at the Cambridge House Vancouver
Resource Investment Conference, January 23-24, 2011. Klondex will review
progress on its planned underground development program at Fire Creek.
The Vancouver conference kicks-off Klondex′s 2011 investor outreach
program aimed at raising awareness of Klondex′s high-grade gold program
at Fire Creek.

Blane Wilson, President and COO, commented, '2011 is shaping up to be a
very big year for KDX and our shareholders as we transition to
underground development while maintaining our surface exploration
program. We are committed to a very active shareholder outreach program
designed to keep investors and the market well informed as well as
expanding the scope of awareness of Klondex.?

Klondex will exhibit in booth 1122 at the Vancouver Convention
Centre, West. Blane Wilson, Klondex′s President and COO, will review the
company′s strategy and progress on Sunday, January 23^rd
at 3:30 p.m. PT, at Corporate Presentation Workshop 5.

Klondex also announced plans for marketing trips to Toronto, New York,
Boston San Francisco and San Antonio later this month and mid-February
participation at a gold conference in New York City (February 16th &
17th). These events are a prelude to Klondex′s participation at the Prospectors
and Developers Association of Canada (PDAC) Convention March 6-9 in
Toronto. At PDAC KDX will have an Investors Exchange booth (#2835) as
well as a Core Shack display March 8-9.

As of December 31, 2010 Klondex Mines had 36,544,089 shares issued and
outstanding, 41,319,089 shares on a fully diluted basis, and
approximately CDN $8 million in cash.

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:

Investors:

Klondex Mines Ltd.

Bryson Goodwin,
604-341-1531

brysongoodwin@shaw.ca

or

Jaffoni
& Collins

David Collins, 212-835-8500

KDX@jcir.com