Nevada Gold Explorer Klondex Mines to Webcast Merriman Capital Investor Summit Presentation Wednesday, February 1st at 10:30 ...
25 Janeiro 2012 - 3:36PM
Business Wire
Klondex Mines Ltd. (TSX: KDX), a Nevada gold exploration and
development company, announced today that its President and CEO,
Blane Wilson, will provide an overview of Klondex’s Fire Creek
Nevada gold project at the Merriman Capital Investor Summit 2012 in
New York City. Mr. Wilson’s presentation will be webcast and will
review the progress of Klondex’s surface and underground
development programs.
When:
Wednesday, February 1st, 10:30 a.m. to 10:55 a.m. ET
Where:
InterContinental Times Square, New York, NY
Webcast Live/Replay:
www.klondexmines.com or
www.wsw.com/webcast/mcm14/kdx/ (for 90
days)
About Klondex Mines Ltd. (www.klondexmines.com):
Klondex Mines is focused on the exploration and development of
its 100% owned Fire Creek gold deposit in North Central Nevada.
Fire Creek is a compelling gold mining prospect located near power,
transportation, mining infrastructure and several milling
facilities. Fire Creek’s mineral resource is reviewed in the table
below; the most recent technical report is available here with
additional disclosure available via SEDAR.
Fire Creek Project - Indicated and Inferred Mineral Resource
as of May 21, 2011 Gold Cut-off
Metric Grade GPT
Classification Tonnes GPT Oz. Gold
4.0 Indicated 5,176,050 9.90
1,647,052 4.0 Inferred 1,732,810 8.22 458,084
7.0 Indicated 2,145,283 17.62
1,215,019 7.0 Inferred 555,043 12.54 223,794
In addition to an active surface exploration program at Fire
Creek, in April 2011 Klondex initiated an underground exploration
and development program through an underground decline. The program
is designed to enable more cost effective in-fill drilling of its
existing resource from underground stations as well as to enable
bulk sampling for metallurgical testing of up to 120,000 short tons
of material (limited to 36,500 short tons per year).
As of December 31, 2011, Klondex had 46.4 million shares issued
and outstanding and 59.1 million shares on a diluted basis.
Richard Kern (P.Geo), of Reno, Nevada, a qualified person as
defined under National Instrument 43-101, has reviewed and approved
the technical information contained in this press release.
This news release contains forward-looking statements, including
about current expectations on the timing of project development.
These forward-looking statements entail various risks and
uncertainties, are based on current expectations, are subject to a
number of uncertainties and risks, and actual results may differ
materially from those contained in such statements. These
uncertainties and risks include, but are not limited to, the
strength of the global economy; the price of gold; operational,
funding and liquidity risks; the degree to which mineral resource
estimates are reflective of actual mineral resources; the degree to
which factors which would make a mineral deposit commercially
viable are present; the risks and hazards associated with
underground operations. Risks and uncertainties about the Company’s
business are more fully discussed in the Company’s disclosure
materials filed with the securities regulatory authorities in
Canada and available at www.sedar.com. Readers are urged to read
these materials. Klondex assumes no obligation to update any
forward-looking statement or to update the reasons why actual
results could differ from such statements unless required by
law.
On Behalf of Klondex Mines Ltd.
Blane W. WilsonPresident & CEO
Klondex Mines Ltd. (AMEX:KLDX)
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