Klondike Gold Begins 2021 Exploration at Historic Virgin and Lindow Showings

VANCOUVER, BC / ACCESSWIRE / May 4, 2021 / Klondike Gold Corp.

We have an abundance of targets to test with our 2021 drilling, some that will build toward our goal of completing a maiden resource estimate at Lone Star, and some that may surprise with new discoveries proximal to historic placer mines.

The Phase 1 program comprising approximately 1,000 meters will launch at the Virgin Target area located 10 km north of the Lone Star and Stander Zones, and 6 km from the Company’s Dawson City office .

. The area was restaked by Mr. Frank Burkhard in 1976 and Klondike Gold purchased the property directly from the Burkhard family in 2017.

Recent recompilation and upgraded description of the Lindow Showing published by Yukon Geological Survey led the Company’s realization that part of the ‘lost’ Lindow Showing had been relocated by 2018 outcrop sampling.

Klondike Gold continues to take proactive measures to protect the health and safety of our local host community, our contractors and our employees from COVID 19 and exploration activities in 2021 will have additional safety measures in place, following and exceeding all the recommendations made by the Yukon’s Chief Medical Officer.

The technical and scientific information contained within this news release has been reviewed and approved by Ian Perry, P.Geo., Vice-President Exploration of Klondike Gold Corp.

The Company is focused on exploration and development of its 586 square kilometer property accessible by scheduled airline and government-maintained roads located on the outskirts of Dawson City, YT within the Tr’ondëk Hwëch’in First Nation traditional territory.

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 factors which it believes to be reasonable and relevant.

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