Klondike Gold Stock Price, News & Analysis

Klondike Gold Corp. reports successful results from 2021 Phase 2b diamond drilling at the Lone Star Zone, located in the Klondike District Project, Yukon. Notable findings include 0.35 g/t Au over 150 meters and 0.74 g/t Au over 38 meters in drilled holes. The drilling demonstrates increased continuity of gold mineralization to 350 meters down the slope. A Phase 4 drilling program, including new target areas, is underway, while a Technical Report is anticipated by Q4 2021. The company emphasizes its commitment to health safety during COVID-19.

Klondike Gold Corp. has announced progress on its exploration activities at the Klondike District Project, covering 586 square kilometers in Yukon, Canada. The company has completed three drilling phases, totaling 6,532 meters across 45 holes, with assays pending. An additional Phase 4 drill program of 1,500 meters is set to start in early September. Preliminary analyses indicate potential gold presence in prospecting samples. A NI 43-101 Technical Report is underway, with filing expected by Q4 2021.

Klondike Gold Corp. (KDKGF) has initiated Phase 2 diamond drilling at the Lone Star Zone, part of a comprehensive drill program on its 586 square kilometer property in Yukon. The company has observed visible gold in its second drill hole of the 2021 program and has identified visible gold in past drill cores. Additionally, Klondike received its first gold royalty payment from Dulac Mining, amounting to 0.5 ounces of flake gold. This marks a significant advancement in their exploration efforts as they aim to outline a maiden resource in the Lone Star Zone.

Klondike Gold Corp. (KDKGF) announced that Phase 1 diamond drilling commenced on May 12 at its Virgin Target area as part of a larger 2021 exploration program covering 6,500 meters across three phases. This initiative aims to discover gold sources in historic mining zones. Following Phase 1, Phase 2 will focus on the Lone Star Zone, while Phase 3 will expand the Stander Zone. The company has received Yukon government approval for safety measures amid the COVID-19 pandemic, ensuring exploration activities align with health protocols.

Klondike Gold Corp. has initiated its 2021 exploration program at the Virgin Target area in the Yukon Territory, encompassing a total of approximately 6,500 meters of drilling across three phases. The focus is on discovering gold sources at historic sites including the Virgin/Lindow Target and expanding the Stander Zone. The first phase will start soon, targeting visible gold discovered in quartz veins historically. The company emphasizes safety measures due to COVID-19 and has received approval for its isolation plan. Drilling is expected to enhance resource estimates and potentially uncover new discoveries.

Klondike Gold Corp. (KDKGF) has concluded its Phase 4 drill program at the Lone Star Zone, part of its 586 square kilometer Klondike District Property in Yukon. The 2020 drilling comprised 30 holes over 2,893 meters, exceeding initial plans. Preliminary prospecting results indicate gold mineralization outside the established zone, with significant assays up to 43.8 ppm Au. The company awaits further assay results to guide its 2021 exploration efforts. Klondike Gold's exploration team effectively managed operations during the pandemic while enhancing its geological models.

Klondike Gold Corp. held its annual general meeting on December 3, 2020, where five directors were elected: Peter Tallman, Gordon Keep, John Pallot, Steven Brunelle, and Tara Christie. Shareholders approved all proposed matters, including the appointment of Davidson & Company LLP as auditors and the Company's stock option plan. The Company, based in Vancouver, is focused on its 100%-owned Klondike District Gold Project in Yukon Territory, an area recognized for its gold mining potential.

Klondike Gold Corp. (KDKGF) has successfully closed the second tranche of a non-brokered private placement, raising a total of $3,800,410.80. This includes $2,630,410.80 in flow-through funds from the issuance of 6,167,334 flow-through units at $0.30 each and 1,580,000 non-flow-through units at $0.25. The proceeds will support exploration in the Yukon and ongoing working capital needs. The company is well-funded for operations through 2021.

Klondike Gold Corp. (KDKGF) has announced an increase in its non-brokered private placement offering by $1.3 million, totaling up to $3.8 million. The company has closed the first tranche, raising $1,555,210, with $780,210.60 in flow-through funds. The first tranche included 2.6 million flow-through units and 3.1 million non-flow-through units. Proceeds will fund exploration and development of Yukon properties. All securities are subject to a four-month hold period and awaiting TSX Venture Exchange approval.