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. reports gold exploration, resource-expansion and corporate developments tied to its 100% owned Klondike District Property near Dawson City in Yukon, Canada. Recurring updates include diamond-drill assay results, structural and lithologic modeling, work at the Lone Star, Stander and Eldorado Creek target areas, and references to the company’s NI 43-101 mineral resource work.
The company’s releases also cover financing activity for drill programs, production royalty revenue from the Montana Creek Placer Property, annual meeting results, board and auditor matters, stock option plan approvals, and capital-markets communications for its TSXV, Frankfurt and OTCQB-traded securities.
Klondike Gold Corp. announced the successful closing of the second tranche of its private placement financing, raising $3,516,726.55, with $2,395,000 in flow-through funds. The company issued 2,300,000 flow-through units and 4,650,716 non-flow-through units, totaling 6,950,716 shares and associated warrants. The proceeds will fund exploration and development of Klondike's Yukon properties. The company’s President, Peter Tallman, stated it is well-funded for operations through 2022.
Klondike Gold Corp. announced the closure of the first tranche of its non-brokered private placement financing, raising $2,242,851.25, of which $1,935,000 is flow-through funds. A total of 9,675,000 flow-through units were issued at $0.20 per unit and 1,759,150 non-flow-through units at $0.175 each. Proceeds will fund exploration and development of the company’s Yukon properties. All securities are subject to a four-month hold period. Klondike Gold operates in the Klondike District in Yukon, focusing on gold mineralization.
Klondike Gold Corp. announced plans to raise up to $3,500,000 through a non-brokered private placement. The financing includes a Flow-Through Placement of flow-through shares priced at $0.20 per unit and a Non-Flow-Through Placement at $0.175 per unit, both including share purchase warrants. The proceeds will be used for exploration of Yukon properties and general working capital. The transaction is subject to TSX Venture Exchange approval and a four-month hold period.
Klondike Gold Corp. reports successful results from its 2021 Phase 2a diamond drilling at the Lone Star Zone, Klondike District Property, Yukon. A total of 12 holes were drilled, totaling 1,222 meters. The company has extended the near-surface gold mineralization by 250 meters. Key assay results include:
- 1.70 g/t Au over 14.6 meters in LS21-388
- 1.08 g/t Au over 49.65 meters in LS21-389
- 2.9 g/t Au over 11.0 meters in LS21-392
Future milestones include a technical report and maiden mineral resource.
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.