(via TheNewswire)
Drill holes from this first phase of drilling were laid out to intersect, map and model the extensions of vein structures down dip of three mineralized lodes from surface on the
Five holes were drilled in a fan southerly from drill station 2. Four of the holes intersected the Main Vein structures that were projected downwards from the surface workings of the historic
Core logging is under way. Intervals of core have been marked for sampling; these cores will be sawed lengthwise with one half bagged and sent to an independent lab for analyses, and one half retained for further inspection.
Klondike president and CEO, Mr.
The technical information in this news release has been reviewed by
About
Klondike’s Silvana Mine Silver Zinc Lead projectislocated in South Eastern B.C.
Klondike’s 114square kilometerclaim blockis 138 km north of the
Trail B.C. smelter.Klondike Silver is exploring from underground, along the 9 km “Main Lode”. The “Main Lode” is the most prolific mineralized structure in theSlocan Mining Camp .There are 13 past producing mines that are situated along the “Main Lode”which have produced 886,000 kg of silver, 95 million kg of zinc and 117 million kg lead so far. (source: BC MINFILE).
There are 67 past producing mines that are situated in Klondike Silver’s 114 square kilometer claim block. (source: BC MINFILE).
On Behalf of the Board of Directors
“Thomas J. Kennedy”
CEO and Director
Additional information can be found on Klondike Silver’s website:www.klondikesilver.com
Neither the
Caution Regarding Forward-Looking Information
This news release includes certain information that may constitute “forward-looking information” under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, future work programs and objectives and expected results from such work programs. Forward-looking information necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; and other risks.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information and the risks identified in the Company’s continuous disclosure record. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this news release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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