- Klondike Gold (KDKGF, Financial) completes Phase 1 of its 2025 exploration program in Yukon, Canada with 2,354.70 meters of diamond drilling.
- Assay results from the 13 drilled holes are pending, with plans for deeper exploration drilling up to 750 meters.
- Montana Creek placer mining operation advances, preparing for gold recovery plant commissioning.
Klondike Gold Corp. (KDKGF) has successfully completed Phase 1 of its 2025 exploration program at the Klondike District Property in Yukon, Canada. The initial phase involved a total of 2,354.70 meters of diamond drilling across 13 holes, each ranging between 50 to 350 meters in length. This effort focused on the lateral and vertical extensions of high-grade gold vein zones at the Eldorado Target, which spans a 5 km strike and 1400 m width area.
While the assay results from these 13 drill holes are still pending, Klondike Gold is already planning for its next phases. The future drilling initiatives will include holes up to 750 meters in depth, aiming to further test the major structural controls of gold deposition along the Eldorado Target.
In parallel, the Montana Creek placer mining operation, under a lease and option to purchase agreement with Armstrong Mining Corp, is showing steady progress. The ongoing activities include overburden stripping, pay gravel stockpiling, and preparations for the commissioning of the gold recovery plant, ensuring a seamless flow into the gold recovery processes.
Peter Tallman, President and CEO of Klondike Gold, commented on the strategic progression of the exploration program, emphasizing the potential of uncovering extensive bedrock-sourced gold deposits within the historic Klondike Gold District.
