Klondike Gold Lone Star Zone Assays 0.91 g/t Au over 17.3 meters Within an Interval of 0.42 g/t Au over 118.3 meters
3123 – 595 BURRARD STREET
VANCOUVER, B.C. CANADA V7X 1J1
TELEPHONE: 604-609-6110
FAX: 604-609-6145
WWW.KLONDIKEGOLDCORP.COM
Klondike Gold Lone Star Zone Assays 0.91 g/t Au over 17.3 meters Within an
Interval of 0.42 g/t Au over 118.3 meters
September 25, 2018 TSX Venture Exchange Symbol – KG
Vancouver, British Columbia, Canada, September 25, 2018, Klondike Gold Corp. (TSX.V: KG; FRA: LBDP;
OTC: KDKGF) (“Klondike Gold” or the “Company”) is pleased to report assays from another five drill holes
at the Lone Star Zone, and additional infill assays from one hole at the Gay Gulch showing, part of a
systematic evaluation designed to map the geometry of mineralization across the central 1 km portion of
the Zone, at the Company’s wholly owned Klondike District Property, Yukon Territory. Exploration
continues to affirm multiple local sources of bedrock gold mineralization which explain the placer deposits
exploited historically within the Klondike District.
Within the Lone Star Zone associated with the Bonanza Fault , five holes LS18-170 to LS18-174 tested in
the central portion of the mineralized area. These results from sectional drilling continues to show broad
intervals of gold mineralization starting at or near surface, as well as the presence of gold mineralization
at greater depths.
LONE STAR ZONE DRILL RESULTS:
Hole ID From (m) To (m) Au (g/t) Interval (m)
LS18-170 1.40 4.50 2.68 3.10
LS18-171 6.70 125.00 0.42 118.30
including 6.70 24.00 0.91 17.30
including 90.70 100.25 1.99 9.55
LS18-172 15.30 115.60 0.34 100.30
LS18-173 247.40 252.00 1.51 4.60
LS18-174 NSV
At the Gay Gulch showing associated with the Eldorado Fault, infill assays from hole EC15 -08 drilled in
2015 have significantly changed the composite gold average in that hole. Composite assay intervals from
five other holes testing the showing remain substantially the same. (See original NR 16 October 2015).
GAY GULCH SHOWING INFILL SAMPLING RESULTS:
Hole ID From (m) To (m) Au (g/t) Interval (m)
EC15-08 25.95 48.70 0.77 22.75
An updated plan map of Lone Star Zone drilled hole locations is available on the Company’s website
http://www.klondikegoldcorp.com/photos/gallery/2018-drill-maps. Cross sections for 2018 holes
including 2016-2017 holes are also posted or will be added as sections are completed.
Drill holes LS18-170 to LS18-174 were drilled at -55 dip and 200 azimuth. Assay averages are calculated
over drilled core lengths; true thickness from holes drilled at 200 azimuth is approximat ely the drilled
interval.
The Company has been using oriented core tools to collect accurate structurally oriented dip angles at the
Lone Star Zone beginning with LS18-151. The collection of data from the use of oriented drill core is a first
at the Lone Star Zone and results support a critical part of the Company’s model of mineralization.
Preliminary results from oriented core surveying indicate that gold-bearing quartz veins within the gold-
mineralized envelope are consistently shallow dipping at 35 degrees northeast. These veins occur within
a broad envelope of gold observed as disseminated, visible m illimeter-size grains along late cleavage
planes. The gold mineralization is primarily hosted by an intermediate schist that is relatively both porous
and permeable, in fault contact with an underlying siliceous felsic schist which also hosts gold-bearing
quartz veins. The fault (the “Bonanza Fault”) and lithologic contacts strike approximately 310 degrees and
dip generally 50 degrees to the northeast.
ONGOING WORK
Core logging and sampling is projected to continue into early October. Detailed mapping and sampling of
recently identified mineralization and follow -up of preliminary structural and lithologic mapping is
expected to continue until then as well.
The Lone Star Zone is one of five targets drill tested during the 2018 exploration program. Additional drill
results from Lone Star and other targets will be steadily released as they are received, evaluated and
incorporated into the evolving exploration model. Each drill section has six or seven drill holes on it,
systematically testing from the upper contact and progressing at 50 meter intervals down -dip. Full
geology and mineralization maps per section will be posted when all holes on section are available. For
reference, LS18-210 is the final 2018 hole drilled at the Lone Star Zone.
A total of 87 holes were drilled in 2018. Assays for 2 0 holes, all from Lone Star Zone (LS18 -151 to LS18-
159; LS18-164 to LS18-174), have been released.
QUALITY ASSURANCE AND METHODS
Klondike Gold maintains a rigorous quality assurance / quality control (“QA/QC”) program. Details can be
viewed on the Company’s website http://www.klondikegoldcorp.com/projects/sampling-and-assay-
protocols/.
Drill core samples are submitted by Klondike Gold personnel to Bureau Veritas Mineral Laboratories (“BV
Labs”) (formerly Acme Labs) preparation facility in Whitehorse, YT with chemical analysis of sample pulps
completed in Vancouver, British Columbia. Bureau Veritas Labs is an accredited ISO 9001:2008 full-service
commercial laboratory.
At BV Labs each core sample is crushed to 70% passing 2 mm size. A 500 g subsample is pulverized to 85%
passing -75 microns size (Code PRP70-500). The 500 g subsample is then sieved to 106 microns (140 mesh)
for “metallic screen” assaying. The plus 140 mesh fraction is then weighed and assayed for gold by fire
assay (“FA”) fusion with a gravimetric fin ish (Code FS631). A 30 g subsample of the minus 140 mesh
fraction is assayed for gold by fire assay (“FA”) fusion with an atomic absorption (“AA”) finish (Code
FA430). All over-limit results in excess of 10 ppm (10 g/t) for both silver and gold are re -assayed using a
30 g subsample and assayed by FA with a gravimetric finish (Code FA530-Au/Ag). Total gold grade is then
calculated using a weighted average of the plus and minus fraction assay results.
The technical and scientific information contained with in this news release has been reviewed and
approved by Ian Perry, P.Geol., Vice-President Exploration of Klondike Gold Corp. and Qualified Person as
defined by National Instrument 43-101 policy.
ABOUT KLONDIKE GOLD CORP.
Klondike Gold Corp. is a Canadian e xploration company with offices in Vancouver, British Columbia, and
Dawson City, Yukon Territory. The Company is focused on exploration and development of the Lone Star
gold target at the confluence of Bonanza and Eldorado Creeks, within a district scale 557 square kilometer
property accessible by government maintained roads located on the outskirts of Dawson City, YT within
the Tr’ondëk Hwëch’in First Nation traditional territory.
On behalf of KLONDIKE GOLD CORP.
“Peter Tallman”
President and CEO
(604) 609-6110
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.
Disclaimer for Forward-Looking Information
“This press release contains “forward-looking information” and “forward- looking statements” within the meaning of
applicable securities laws. This information and statements address future activities, events, plans, developments and
projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-
looking information. Such forward-looking information and statements are frequently identified by words such as “may,”
“will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect
assumptions, estimates, opinions and analysis made by management of Klondike in light of its experience, current
conditions, expectations of future developments and other factor s which it believes to be reasonable and relevant.
Forward-looking information and statements involve known and unknown risks and uncertainties that may cause
Klondike’s actual results, performance and achievements to differ materially from those expressed or implied by the
forward-looking information and statements and accordingly, undue reliance should not be placed thereon.
Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing;
fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including
environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and
uncertainties which are more fully desc ribed in our annual and quarterly Management’s Discussion and Analysis and
in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. Klondike
disclaims any obligation to update or revise any forward-looking information or statements except as may be required.”