Klondike Gold Confirms 1 km Continuity, Three Mineralized Sub-Zones at Lone Star Target, Yukon body { font-size: 11pt; } .nr-sub-head ul, .nr-body ul { list-style-type: disc !important; margin-left: 2em !important; } .nr-sub-head ol, .nr-body ol { margin-left: 2em !important; } .nr-body p, .nr-body {margin-bottom: 0px !important; margin-top: 0px !important; -webkit-margin-before: 0px !important; -webkit-margin-after: 0px !important; font-family: Arial !important; font-size: 11pt !important; } tbody { border-top: 0; } H1 {font-weight: bold; font-size: 16pt; } H2 {font-weight: bold; font-size: 12pt; } H3 {font-weight: bold; font-size: 11pt; } H1.nr-head { font-family: Trebuchet MS !important; font-size: 16pt !important; color: #3D86C6 !important; font-weight:bold !important; text-align:center !important; } H2.nr-sub-head {font-weight: bold !important; display: block !important; text-align: start !important; font-family: Arial !important; font-size: 12pt !important; } .nr-body a { font-size: 11pt !important; } TABLE { width: auto!important; } Klondike Gold Confirms 1 km Continuity, Three Mineralized Sub-Zones at Lone Star Target, Yukon Vancouver, British Columbia (FSCwire) - Klondike Gold Corp. (TSX.V:KG; FRA: LBDP) (“Klondike Gold” or the “Company”) reports drill assay results from 22 new holes at the Lone Star target located 20 km from Dawson, Yukon within the Company’s 553 square kilometer property spanning the entirety of the Klondike alluvial gold placer district.   Klondike Gold’s chief executive officer, Peter Tallman stated: "These latest results identifying continuity to gold mineralization associated with major faulting in the Klondike district are extremely encouraging.  The Lone Star drill program confirms our belief that the Bonanza fault, and several other similarly important parallel structures which transect the Klondike district, have considerable exploration potential.  The exploration team has done a great job completing this important drilling program and documenting the details necessary to extend our evolving model of mineralization.  We are already looking forward to an exciting and substantial 2018 exploration program.”   Results reported here are from systematic 50-meter spaced holes along 1,000 meters of the Lone Star target between 11600E and 12600E where potential for bulk tonnage gold mineralization (wide widths, lower grades, at surface) was identified by drilling beginning late in 2016.    Summary   Gold mineralization at the Lone Star target is newly recognized to be hosted in three closely spaced parallel sub-zones (named Alpha, Beta, Gamma), each 10 to 40 meters wide, collectively occurring over a total horizontal width of 130 meters.   Gold outcrops at surface for each sub-zone and extends in drill core to 100 meter vertical depth. All sub-zones remain open to depth.   Alpha subzone gold mineralization has been intersected for a total length of 950 meters so far from east (LS17-139 on 11600E) to west (LS17-124 on 12550E).  Best intercepts include 2.4 g/t over 40.9 m and 2.1 g/t over 41.1 m in LS17-81 and -58 respectively.   Beta subzone gold mineralization has been intersected for a total length of 775 meters so far from east (LS17-122 on 11825E) to west (LS17-104 on 12600E).  Best intercepts include 1.6 g/t Au over 30.7 m and 0.6 g/t over 37.5 m in LS17-91 and -113 respectively.   Gamma subzone gold mineralization has been intersected by four holes only for a total length of 200 meters so far from east (LS17-93 on 12375E) to west (LS17-110 on 12575E).  Best intercepts include 0.3 g/t Au over 51.7 m and 0.6 g/t over 16.3 m in LS17-110 and -94 respectively.   Previously reported reconnaissance drilling has reported gold to the east at Pioneer (LS17-95 on 12800E) and at O’Neil (LS17-98 on 11200E) for a total strike length of mineralization along the Bonanza fault of 1,600 meters.    This News Release relates to results of systematic 50-meter spaced drilling at the Lone Star target.  Additional results from drilling along strike in the O’Neil and Pioneer areas are being compiled and interpreted, as are drill results from the Nugget and Eldorado trends, as are prospecting results from various locales.  These will be forthcoming as soon as possible.    Company is fully funded for an expanded exploration program in 2018.   The 2017 season’s three-fold objective was: to infill to provide sufficient density of drilling (at 50 meter spacing) to correlate mineralization between sections; to extend the mineralization to the east and west towards the mineralized zones at the O’Neil and Pioneer areas; and then to do reconnaissance step-outs beyond the O’Neil and Pioneer areas.   Previously, the Company has announced drill intersections of gold mineralization at the Lone Star target of 1,600 meters in strike length (see NR 18 September, 2017) including from large step outs to the east in the O’Neil area (LS17-98 on L11200E) and to the west in the Pioneer area (LS17-95 on L12800E).   The Lone Star target currently encompasses three areas: Lone Star in the centre, O’Neil to the west, and Pioneer to the east, across a total length so far of approximately four kilometers of drill testing in proximity to the Bonanza Fault.  This news release describes assay results from 50-meter spaced drilling across a length of approximately 1,000 meters at the Lone Star target area.  (Drilling at the O’Neil and Pioneer targets, considered to be regional extensions of the Lone Star target mineralization will be discussed in a follow-up news release.)   Drilling at the Lone Star target has revealed three parallel gold mineralized sub-zones, termed Alpha, Beta and Gamma, located above (in the hanging wall) and adjacent to the Bonanza Fault.       These sub-zones are spaced about 50 meters apart across a 130 meter lateral width (including the intervening unmineralized material).  Individually each of the three sub-zones are from 10 meters up to 40 meters in width as defined by gold assays in drill core.  All mineralization is interpreted to strike north-northwest and dip 50 degrees to the north-northeast.  Drill core intersections are interpreted to be approximately true width but more detailed work, including interpretation of drill sections, is ongoing to verify this in all cases.    The following is a table of Lone Star target Alpha/Beta/Gamma drill results.  Note this table includes ALL results from 2016 and 2017 to define the complete 50-meter spaced drilling program.  Results are organized by Section from west to east.  The ‘Au (g/t)’ column is the weighted average of all gold values in grams per metric tonne through the ‘Interval’ indicated.  GxW denotes “G” gold (g/t) times “W” width (m) of assay intersection.  All ‘From’, ‘To’, and ‘Interval’ values are rounded to one decimal and may not add exactly.  Similarly, the GxW values are determined from the original unrounded ‘Interval’ values.  Hole ID’s with an asterisk are new results not previously released.   TABLE OF LONE STAR TARGET, ALPHA/BETA/GAMMA SUB-ZONE DRILL RESULTS:   Section Hole ID From (m) To (m) Au g/t Interval (m) GxW Zone 11600E LS17-139* 3.8 19.8 0.6 16.0 9.1 Alpha 11650E LS17-107* No Significant Results Alpha LS17-100* 3.5 8.5 0.8 5.0 4.0 Alpha 11675E LS17-101 34.0 51.5 0.5 17.5 8.8 Alpha LS17-106 10.0 39.0 1.0 29.0 29.0 Alpha LS17-81 5.5 46.6 2.1 41.1 86.3 Alpha 11725E LS17-102* No Significant Results Alpha LS17-105* No Significant Results Alpha LS17-82 10.4 51.3 2.4 40.9 98.2 Alpha LS16-58 6.5 43.5 2.4 37.0 88.8 Alpha LS16-60 No Significant Results Alpha 11775E LS17-103* 14.2 17.9 1.6 3.7 6.1 Alpha and 35.0 37.6 1.5 2.6 3.8 Alpha LS16-59 16.5 44.2 1.2 27.7 33.2 Alpha 11800E LS16-61 No Significant Results Alpha 11825E LS17-104* 41.4 55.1 0.5 13.7 6.2 Beta LS17-83 16.3 49.0 0.8 32.8 26.2 Alpha 11875E LS17-84 34.0 44.4 1.2 10.4 12.5 Alpha 11925E LS16-62 5.5 10.5 1.7 5.0 8.5 Alpha 11975E LS16-69 4.9 16.9 0.9 12.0 10.8 Beta incl. 4.9 13.1 1.0 8.2 8.2 and 88.7 98.6 2.5 9.9 24.8 Alpha LS16-70 8.3 16.9 1.6 8.6 13.8 Beta and 68.0 79.3 3.5 11.3 39.6 Beta incl. 74.5 79.3 7.9 4.7 37.1 LS16-63 3.1 45.0 0.9 42.0 37.8 Alpha 12020E LS16-67 45.8 48.8 1.0 3.0 3.0 Beta and 87.5 92.0 1.6 4.5 7.2 Alpha LS16-68 33.0 37.0 4.7 4.0 18.8 Beta and 57.0 60.0 0.7 3.0 2.1 Beta and 67.0 81.0 1.2 14.0 16.8 Beta LS16-64 29.5 54.0 1.5 24.5 36.8 Alpha LS16-65 26.2 32.2 2.7 6.0 16.2 Alpha 12050E LS16-66 12.8 25.0 0.5 12.2 6.1 Beta and 81.0 89.0 1.6 8.0 12.8 Alpha 12065E LS17-108 12.8 66.1 0.7 53.3 37.3 Alpha incl. 12.8 38.4 0.9 25.7 23.1 12090E LS17-85 0.0 27.4 0.6 27.4 16.4 Beta 12090E LS17-86 3.2 25.3 0.8 22.1 17.7 Beta 12100E LS17-109 21.5 28.7 0.9 7.2 6.5 Alpha 12150E LS17-87 1.5 18.0 0.7 16.5 11.6 Beta LS17-88 6.5 20.3 0.4 13.8 5.5 Beta 12175E LS17-89 22.6 37.6 1.1 15.0 16.5 Beta LS17-90 2.8 9.6 2.2 6.8 15.0 Beta and 26.6 38.8 1.7 12.3 20.9 Beta LS17-115* No Significant Results Alpha 12250E LS17-91 4.3 35.0 1.6 30.7 49.1 Beta 12300E LS17-92* 12.2 47.9 0.3 35.7 10.9 Beta LS17-114* 10.0 43.5 0.5 33.5 16.8 Alpha 12325E LS17-111* No Significant Results   LS16-74 59.0 63.0 1.5 4.0 6.0   LS17-113* 35.4 73.0 0.6 37.5 22.9 Beta LS17-120* 67.3 90.0 0.5 22.7 11.7 Alpha