GOLD: Klondex cuts 3.87 oz over 144 metres in Nevada

NEVADA – There is gold in the hills of Nevada – and quite a lot of it yet to be discovered if recent results from Vancouver-based Klondex Mines is anything to go by. The Joyce structure at its Fire Creek project near Elko yielded 132.8 g/t Au (that's 3.87 opt) over a strike length of 144.2 metres with an average width of 0.6 metre during development.

Klondex noted that this information was derived from 94 face samples ranging from 1.4 g/t Au to 30,228.7 g/t Au (over 880 opt).

Mike Doolin, Fire Creek general manager commented, "We are obviously very pleased with the results and the valuable perspective the data provides."

Klondex's work at Fire Creek is still in the earliest stages, and the company has yet to estimate a mineral resource for the property.

The most recent presentation about the Fire Creek property is posted at KlondexMines.com.