Welcome to our dedicated page for Klondike Gold news (Ticker: KDKGF), a resource for investors and traders seeking the latest updates and insights on Klondike Gold stock.
Klondike Gold Corp (KDKGF) is a Vancouver-based gold exploration company advancing the 100%-owned Klondike District Gold Project near Dawson City, Yukon. This news page aggregates company announcements, drilling updates, exploration results, and corporate developments related to Klondike Gold’s activities in the gold ore mining sector.
Readers can review detailed drill results from multi-phase programs at the Lone Star, Stander, Eldorado Creek and related targets within the Klondike District Property. Recent releases describe intersections of high-grade quartz vein mineralization within broader gold-bearing envelopes, new discovery zones from structural drilling, and step-out holes that test extensions beyond existing pit-constrained resource outlines.
The news flow also covers exploration program milestones, including the commencement and completion of Phase 1, Phase 2, and Phase 3 work. These updates outline how structural mapping, core relogging, 3D modeling, and short-wave infrared studies are being used to refine the company’s understanding of orogenic gold systems and guide deeper and lateral drilling.
In addition to technical exploration updates, Klondike Gold’s news includes corporate and financing announcements such as non-brokered private placements, insider participation disclosures, and the use of proceeds for Yukon-focused exploration. The company also reports on its royalty interest in the Montana Creek Placer Property, including lease terms with Armstrong Mining Corp and seasonal production royalty payments.
Investors and followers of the gold exploration space can use this page to monitor ongoing work at the Klondike District Gold Project, track the evolution of the Mineral Resource Estimate, and follow developments in both bedrock exploration and placer royalty income.
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Klondike Gold Corp. plans to raise up to $3 million through a non-brokered private placement, comprising flow-through and non-flow-through funds. The non-flow-through LIFE Offering will issue 9.5 to 14.3 million units at $0.105 per unit, aiming for $1 million to $1.5 million in proceeds. The Flow-Through Placement will offer up to 17.4 million flow-through units at $0.115, targeting $2 million in proceeds. Funds will support exploration in Yukon and general working capital. The first tranche is anticipated to close by March 23, 2023.
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