Klondex Mines Reports Second Quarter 2014 Operational Results

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 16, 2014) - Klondex Mines Ltd. (TSX:KDX)(OTCQX:KLNDF) is pleased to report preliminary selected operational results for the Company's second quarter ended June 30, 2014.

Klondex Mines Operational Results
	2Q 2014	1Q 2014	Total
Underground Operations
Tons Mined	54,659	22,370	77,029
Processing
Tons Milled	46,047	21,727	67,774
Au Ounces Recovered	17,093	13,545	30,638
Ag Ounces Recovered	325,018	158,372	483,390
Au Equivalent Ounces Recovered	22,239	16,052	38,291
Au Ounces Sold	20,293	3,369	23,662
Ag Ounces Sold	343,025	58,053	401,078
Au Equivalent Ounces Sold	25,724	4,288	30,012

Paul Huet, President and CEO commented, "As we continued to ramp up our Nevada operations, our team delivered excellent results. Based on our first half operating results, we are on track to meet management's expectations in 2014. More importantly, we have a stronger balance sheet as cash and working capital increased at the end of 2Q2014, compared to 1Q2014. The recently announced bought deal financing, expected to close by July 31, 2014, will provide for development programs and accelerated exploration at Midas and Fire Creek."