Klondex to Highlight Nevada Gold Exploration Progress at PDAC Presentation Weds. March 5th at 10:20 A.M. EST in Room 801A
Posted on: Tuesday, 26 February 2008, 12:00 CST
Robert Sibthorpe, Technical Director of Klondex Mines Ltd. (TSX: KDX) will review the progress of the company's high-grade gold exploration program and its plans to pursue underground exploration and bulk sampling at its Fire Creek Deposit in North Central Nevada. Mr. Sibthorpe's presentation is on Wednesday, March 5th at 10:20 a.m. EST at the Exchange Forum of the annual Prospectors & Developers Association of Canada (PDAC) convention, in Room 801A. Klondex will also exhibit in the Investors Exchange, Booth #2835. PDAC is being held in Toronto, Ontario at the Metro Toronto Convention Centre, South Building, from Sunday, March 2nd through Wednesday, March 5th.
Klondex will be represented at PDAC by William Solloway, President; Robert Sibthorpe, Technical Director; Brendan Donohoe, Treasurer and Director; Fred Baker, Secretary; James Balagna, Senior Geologist, and Richard Kern, Project Manager. To arrange a meeting with management during PDAC please contact Steven Hecht at 212/835-8500 or kdx@jcir.com.
The PDAC International Convention, Trade Show and Investors Exchange have become leading events in the world of mineral exploration and development, bringing together a wide-range of industry participants from all over the globe. For more information on the PDAC and the Convention, visit http://www.pdac.ca/.
About Klondex Mines Ltd.:
Klondex Mines (TSX: KDX) is a gold exploration company focused on the exploration and expansion of its high-grade Fire Creek deposit in Nevada. At Fire Creek, Klondex established a September 2006, NI 43-101 compliant Indicated Mineral Resource of 1,045,738 oz of gold, comprising 1,636,555 tonnes grading 19.88 grams per tonne (0.576 oz/ton) across two separate mineral zones. Klondex has filed for permits to commence underground workings for in-fill drilling as well as bulk sampling for metallurgical testing of up to 120,000 short tons of ore. Receipt of those permits is now anticipated in the spring of 2008.
Fire Creek is located in the Battle Mountain-Eureka Trend in the Northern Nevada Rift, in North Central Nevada, an area of prolific gold production. Klondex was founded over 30 years ago, and its property portfolio contains three other gold exploration projects, all in Nevada. For more information, please visit www.klondexmines.com.
On behalf of Klondex Mines Ltd.
William J. Solloway
President
Source: Business Wire
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