By Shane Lasley
Klondike hits Nugget gold; Lone Star next
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Last updated 10/2/2016 at Noon
Klondike Gold Corp. Sept. 27 reported results from drill at the Nugget zone on its Klondike gold project near Dawson City, Yukon Territory. Highlights from drilling at Nugget include 11.93 meters averaging 3.3 grams per metric ton gold in hole EC16-55; 14.34 meters averaging 5.1 g/t gold in EC16-32; and 0.22 meters of 336.6 g/t gold in EC16-54. The company said this year's drilling within the Dominion area of the Klondike property returned sporadic results. Two holes with interesting intercepts include 0.34 meters of 15.4 g/t gold in DM16-01; and 1.5 meters of 1.7 g/t gold and 162 g/t silver in DM16-08.
Drilling is currently underway at Lone Star, a target located near Eldorado Creek at the western end of Klondike's 50-kilometer- (31 miles) long property. The company plans to drill roughly 15 holes for about 1,500 meters at Lone Star.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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