Klondike Gold Announces Progress on 2024 Exploration Program

Vancouver-based Klondike Gold Corp. has provided an update on its 2024 exploration initiatives in the Dawson mining district, Yukon, Canada. Key achievements include substantial progress in mapping, prospecting, and diamond drilling on the company's 100%-owned Klondike District Property.

The newly identified Eldorado Fault has been mapped over a 12km length, controlling high-grade gold emplacement. Significant gold discoveries have been made at the Archy, Archy Wasp, and DJ Showings along the fault. Assays for these discoveries are pending.

So far, 36 diamond drill holes have been completed, yielding 5,828 meters of core from the Stander and Gay Gulch Zones. Peter Tallman, President & CEO, highlighted the visual rewards and the anticipation of assay results that are expected to guide future drilling.

The Eldorado Fault links several gold showings, including the Stander Zone and Gay Gulch. The company aims to extend the fault's length to 45 km across the property. The exploration is supported by years of academic research and local placer miners' observations.