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Klondike Gold Files NI 43-101 Technical Report for the Klondike District Gold Project

Resource Estimates Technical Reports (NI 43-101)

Klondike Gold Files NI 43-101 Technical Report for the

Klondike District Gold Project

Vancouver, British Columbia, Canada, December 16, 2022, Klondike Gold Corp. (TSX.V: KG; FRA:

LBDP; OTCQB: KDKGF) (“Klondike Gold” or the “Company”) is pleased to announce that further

to the Company’s news release of November 10, 2022, the NI 43-101 Technical Report relating

to the 2022 Mineral Resource Estimate on the Klondike District Gold Project , located in the

Dawson Mining District, Yukon, Canada, (the “Technical Report”) has been filed on SEDAR.

The Technical Report dated December 16, 2022 with an effective date of November 10, 2022 is

entitled “NI 43-101 Technical Report for the Klondike District Gold Project, Yukon Territory,

Canada”.

The Technical Report was prepared in accordance with the National Instrument 43-101 Standards

for Disclosure of Mineral Projects (“NI 43-101”) and is available for review under the Company’s

profile on SEDAR at www.sedar.com and on the Company’s website at

www.klondikegoldcorp.com.

ABOUT KLONDIKE GOLD CORP.

Klondike Gold is a Vancouver based gold exploration company advancing its 100% -owned

Klondike District Gold Project located at Dawson City, Yukon, one of the top mining jurisdiction s

in the world. The Klondike District Gold Project targets gold associated with district scale

orogenic faults along the 55 -kilometer length of the famous Klondike Goldfields placer district.

Multi-kilometer gold mineralization has been identified at both the Lone Star Zone and Stander

Zone, among other targets. The Company has identified an Initial Mineral Resource of 469,000

Indicated and 112,000 Inferred gold ounces, a milestone first for the Klondike District. The

Company is focused on exploration and development of its 586 square kilometer property

accessible by scheduled a irline and government-maintained roads located on the outskirts of

Dawson City, Yukon, within the Tr’ondëk Hwëch’in First Nation traditional territory.

ON BEHALF OF KLONDIKE GOLD CORP.

“Peter Tallman”

Peter Tallman

President and CEO

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FOR FURTHER INFORMATION:

Telephone: (604) 609-6138

E-mail: [email protected]

Website: www.klondikegoldcorp.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.