Klondex Names Robin Goad, Veteran Geologist and Mining Industry Executive, to its Board of Directors

Klondex Mines Ltd. (TSX: KDX) announced today the appointment of veteran
geologist and mining industry executive, Robin E. Goad, M.Sc., P.Geo.,
to its Board of Directors. Mr. Goad is President and C.E.O. of Fortune
Minerals Limited (TSX: FT), a diversified resource company with
several mineral deposits and exploration projects in Canada. Mr. Goad
will serve on Klondex′s Audit Committee. His appointment increases the
Klondex Board to six members.

Mr. Goad is a professional geologist with nearly 30 years of experience
in the mining and exploration industries on a global basis. Prior to
founding Fortune Minerals, he worked for major mining companies and as a
consultant to mid-tier and junior resource companies. Mr. Goad is a
director of the Northwest Territories and Nunavut Chamber of Mines,
serves as a director of Andor Mining Inc., and has served as President
and a director of other TSX listed resource companies.

William J. Solloway, Chairman and CEO of Klondex, commented, 'Klondex is
very pleased to announce the appointment of Robin Goad to its Board of
Directors. His outstanding career in mining greatly strengthens KDX′s
Board and operational management resources. His experience in bringing
large, valuable projects to fruition is a timely complement to our
development efforts at Fire Creek, our high-grade gold property in
Nevada.

'Robin possesses a proud heritage in mining and finance from his
grandfather's brokerage firm, J. L. Goad, and his father's St. Lawrence
Securities, firms that underwrote many of today′s producing mines. He′s
applied those origins and his geologic training at Fortune Minerals,
which has built a strong portfolio of deposits which include
metallurgical coal in northwest British Columbia, a
gold-cobalt-bismuth-copper mine and concentrator in the Northwest
Territories, and a hydrometallurgical refinery in Saskatchewan, all in
the development stage for production.?

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 plans to initiate an underground exploration
and bulk sampling program in Q1 2011, with initial bulk sampling
production targeted by year-end 2011. 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