Klondex Highlights High-Grade Nevada Gold Development at PDAC Convention - Booth #2835 and 'Core Shack? Booth #5007 (session B)
Klondex
Mines Ltd. (TSX: KDX) invites all current and prospective investors
to visit KDX at booth#2835 during the Prospectors and
Developers Association of Canada (PDAC) convention being held Sunday,
March 6th through Wednesday, March 9th in Toronto.
Klondex will also have drill core available for review at its 'Core
Shack? booth #5007 on Tuesday and Wednesday. The PDAC convention is
being held at the Metro Toronto Convention Centre, South Building.
KDX management will be available to discuss the past year′s achievements
as well as its planned transition to production via bulk sampling.
Particular areas of focus will include underground decline and
development work slated to commence by the end of March, surface
and underground drill programs, and initial production estimates
for 2011 and 2012.
KDX will be represented by William Solloway, Chairman and CEO; Blane
Wilson, President & COO; Bryson Goodwin, Director of
Investor Relations; Brendan Donohoe, Treasurer; James L.
Balagna, Chief Geologist; and, Richard Kern, Consulting
Geologist.
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:
| Fire Creek NI 43-101 Compliant Mineral Resource as of March 30, 2009* | |||||||||
| Classification | Metric Tonnes | Grams Gold Equivalent Per Metric Tonne | Total Ounces Gold Equivalent | ||||||
| Indicated | 5,043,033 | 10.11 | 1,639,822 | ||||||
| Inferred | 1,833,423 | 8.63 | 508,799 | ||||||
| |||||||||
Klondex had 36,544,089 shares issued and outstanding and 41,319,089
shares on a fully diluted basis as of December 31, 2010.
ON BEHALF OF KLONDEX MINES LTD.
William J. Solloway | Blane Wilson | ||||||||||||||||||||||||
Chairman and CEO | President and COO |
Investors:
Klondex Mines Ltd.
Bryson Goodwin,
604-341-1531
brysongoodwin@shaw.ca
or
Jaffoni
& Collins
David Collins, 212-835-8500
KDX@jcir.com