GOLDRUSH AM KLONDIKE - 500 Beiträge pro Seite

[KNORPEL]

ABOUT KLONDIKE STAR MINERAL

Klondike Star Mineral Corporation is majority owner of 400+ sq. km. of mineral claims in Canada, famous as the site of the Klondike Gold Rush. The mining history officially reports 13,600,000 oz. of gold mined, however, government states that possibly 3 to 4 times that amount was taken during the gold rush years. At USD 600, that is an amount of $8.1 billion, but maybe 10's of billions greater. KDSM is joint-ventured with Richard Hughes, credited with the discovery of the largest underground gold mine in the history of Canada (Hemlo, 1983). Current exploration has indicated 300,000 oz. of gold mineralization in the Lone Star Zone, while the Indian River alluvial zone is preparing for a production decision in 2007. The Klondike is the largest gold anomaly in the world where the source of gold remains undiscovered.

Fundamental:

Klondike's market cap only represents a tiny $27 mio. This certainly doesn't reflect Klondike's projects value. Klondike Star already proved up significant value on its Indian River Placer Gold project which could generate enough revenue to sustain the company for a long period of time to come. Klondike Star anticipates to start gold production from its Indian River project as of early 2008. Furthermore Klondike Star already proved up a drill indicated gold reserve of 300,000 ounces of gold on the Lone Star project. Drilling is underway right now in order to expand this drill indicated resource base up to at least 1.5 million ounces of gold. The Lone Star mine could host a resource base of up to 3 mio ounces of gold. Klondike Star will make a production decision when the firts objective of 1.5 mio ounces has been reached. The Indian River and the Lone star projects could carry the company by itself quite easily but the kicker remains of course the search for the mother lode of the 20 mio ounces of mined placer gold since the great gold rush of the late 19th century. If succesfull Klondike Star would be featured in future history books as one of the most remarkable stories of all time.

===>>>http://www.klondikestar.com/





GRUß KNRPEL

[Bunte17]

Hat Dagobert Duck nicht alles ausgewaschen dort?

[Kambyses]

werde mal denn wert in die watch aufnehmen. schauen wir mal

[KNORPEL]

Antwort auf Beitrag Nr.: 32.638.347 von Bunte17 am 01.12.07 19:16:46

Dagobert hat nur 13,6 Mio. Unzen ausgewaschen

klondike Star will naechstes Jahr mit dem Indian River Projekt in Produktion gehen um die Suche nach der Haupterzader[Mother Lode} zu finanzieren
die Vermutlich 20 Mio. Unzen haben soll.

Naja wir werden sehn


gruß KNRPEL

[Bunte17]

Antwort auf Beitrag Nr.: 32.639.900 von KNORPEL am 02.12.07 12:41:26

Dann mal immer lauschen, was in Entenhausen so berichtet wird.
Kann man ja mal beobachten...

[KNORPEL]

Klondike Star Intersects 1.54 g/t Gold over 15.2m at the Pioneer Zone
December 18, 2007


Klondike Star Intersects 2.06 G/T Gold over 21.0m at the Buckland Zone
December 13, 2007

===>>>http://www.klondikestar.com/investor_relations/

KNRPEL

[KNORPEL]

Antwort auf Beitrag Nr.: 32.639.900 von KNORPEL am 02.12.07 12:41:26

ADVANCED STAGE PROJEKTS

The Indian River Placer







The Indian River Placer Project is an advanced-stage placer gold exploration property. It is located 40 km from Dawson City in the heart of the Klondike gold-producing region of the Yukon, Canada. The Company’s goal is to develop a large-scale placer mine. The Indian River Placer Project consists of 214 mineral claims plus 17 leases totaling 37 km2 (14.3 mi2). The Indian River is emerging as one of the active areas of new investment and productive placer mining in the Klondike region. With the exception of a 49% interest in a small group of claims, Klondike Star holds 100% ownership of the project.

During the 2005-2006 winter drilling program, the Company completed 184 holes (double the 2004-2005 drilling) for a cumulative total of 274 holes or 2,426 meters. The winter drilling recovered gold from 90% of the holes, with gold recovered from 100% of the holes drilled in the main target area along the Indian River. In 2005, drilling resulted in gold recovery from 87% of the holes drilled.

During 2006, bulk sampling and testing of conventional processing technology (for throughput and gold recovery) proceeded alongside a business planning study to determine the economic viability of the mineral deposit. Test mining is being supervised by an established Canadian firm specializing in mine engineering and processing technology. Initial results from the first stage of test mining were announced in November 2006. Klondike completed upgrading and extension of the access road, set up a camp, and prepared additional bulk sample test sites for the 2007 test mining program, to commence following spring break-up. With a target of drilling and sampling 150 - 200 holes, the third consecutive winter drilling program commenced November 2006 and concluded in March 2007. Results are currently being compiled and analyzed.

Permit applications to facilitate future mining operations have been submitted and are under review by environmental assessment and regulatory authorities. Based upon conventional mining methods and the nature of the permitting regime for placer mining, it could be feasible to bring a placer mine into production in the short-term. A placer mining operation could generate cash flow for the Company to finance its major exploration and development initiatives

------------------------------------------------------------------------------------------------------------------------------------




The Lone Star Project










he Lone Star Project is an advanced-stage gold exploration property that is being studied for potential mine development. The Project consists of 1056 mineral claims and crown grants totaling 152 km2 (58.7 mi2). Lone Star is the largest project of six in the gold-producing Klondike region of Yukon, Canada.

The property is situated in the Tintina Gold Belt which spans Alaska and the Yukon and includes producing mines and major deposits. The Lone Star Project is located 20 km (12.4 mi) from Dawson City and is accessible by summer-maintained, graded gravel roads linking to the Klondike Highway.

First assembled by Canadian mine-finder Richard Hughes, the initial 500 mineral claims in the Klondike were optioned to Klondike Star in December 2003. It is the site of the former producing Lone Star Mine (1912-14) and decades of previous exploration.

Since acquiring the property, the Company has become the majority owner and operator, increased the size of the project from 500 to 1056 mineral claims and crown grants, constructed a 65-person exploration complex, with core processing and milling infrastructure on site, and completed extensive soil, chip and bulk sampling, diamond drilling, IP (induced polarization) geophysical surveys, assay and other analysis.

Exploration results and professional analysis to date indicate that the Lone Star Project represents an extensive mineralized area with a large-tonnage, low-grade gold target augmented by higher grade zones that warrants an expanded exploration effort and intensive evaluation for potential mine feasibility and development. The Company is working towards a mineral resource assessment consistent with industry and international standards and best practices.

Assay results from the 2005 exploration season were released sequentially October 6, 2005 to January 24, 2006. During the May to October, 2006 summer exploration program, the focus was on diamond drilling, bulk sampling, and ground and airborne geophysical surveys along with continuation of the Klondike Research Project with the Canadian University of British Columbia Mineral Deposit Research Unit (UBC MDRU).

Diamond drilling is delineating the extent of the known gold-bearing ore body in the primary zones of interest, including the Lone Star and extensions, the Buckland Shear between Gay Gulch and 27 Pup, and the Nugget Zone above Oro Grande Gulch.

A scoping study is in progress to assess the economic viability of the Lone Star mineral deposit, provide a baseline assessment of environmental and socio-economic considerations, along with a base case conceptual mine design, key factors such as energy and water supply, and capital and operating cost estimates.

Progressive exploration results, including the discovery of a new target, the JF Zone, were announced between December 2006 and February 2007 and a preliminary report on the scoping study was released in March 2007. A summary report on the UBC MDRU geological studies on the Klondike region was also released in March 2007.



KNRPEL

[KNORPEL]

LESENSWERT

Jahresbericht 2007

mit vielen Karten&Fotos

download===>>>http://www.klondikestar.com/pdfs/sec/KDSM_2007-AnnualReport.…


Gruß KNRPEL

[KNORPEL]

HEADLINES

• KLONDIKE STAR MINERAL CORP Financials
EDGAR Online Financials (Fri 9:04am)

• KLONDIKE STAR MINERAL CORP Files SEC form 10-Q, Quarterly Report
EDGAR Online (Tue, Jan 22)

• KLONDIKE STAR MINERAL CORP Files SEC form 8-K, Unregistered Sale of Equity Securities

EDGAR Online (Wed, Jan 16)

===>>>http://finance.yahoo.com/q?s=KDSM.OB

KNRPEL

[KNORPEL]

0,35 Can$ war ne gute Einstiegsgelegenheit

[Popeye82]

[KNORPEL]

Headlines


Klondike Star Pursuing TSX-V Listing
Marketwire
(Tue, Mar 25)

Major Expansion of Gold Mineralization Forecast for Lone Star Gold Project
Marketwire
(Tue, Jan 29)

===>>>http://finance.yahoo.com/q?s=KDSM.OB

Gruß KNRPEL

[KNORPEL]

[KNORPEL]

Investor Relations


Frequently Asked Questions


Our answers are intentionally short, with a few exceptions. If you are seeking something more, do not hesitate to contact Klondike Star through [e-mail].




===>>>http://www.klondikestar.com/investor_relations/FAQ.php

KNRPEL

[KNORPEL]

EGYPT

"As a new frontier for mining emerges after a 2000 year lapse, Egypt offers extraordinary gold mining potential."
Egypt is virtually a new mining destination. And it intends to develop a gold mining industry quickly. A private sector arm of the World Bank is working with Egypt to modernize its mining laws within twelve months. The Egyptian Geological Survey has identified significant findings over 10 years of field work on the expansive 1,245 square kilometer Oweinat property. Following a competitive, international bidding process, Klondike Star is now in on the ground floor.


Unprecedented Gold Prospects on Klondike Star's Oweinat

PropertyMarketwire(Thu 9:00am)



Klondike Star Begins Exploration in Egypt

Marketwire(Tue, Apr 8)

===>>>http://finance.yahoo.com/q?s=KDSM.OB

KNRPEL

[KNORPEL]

EGYPT - OWEINATE PROPERTY

MINERAL TARGET: GOLD






===>>>http://www.klondikestar.com/mineral_exploration/egypt/

KNRPEL

[Popeye82]

Wenn man sich die letzte News durchliest,
würde ich denken, könnte eventl. eine große Sache
draus werden.

Bin auf jeden Fall auf weitere Explorationsergebnisse
sehr gespannt...

"Unprecedented Gold Prospects on Klondike Star's Oweinat Property
Thursday April 10, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Apr 10, 2008 -- Donald W. Flinn, P.Eng., Chief Operating Officer of Klondike Star Mineral Corporation (OTC BB:KDSM.OB - News) today reported the identification of a phenomenal concentration of gold on the Oweinat concession in the Arab Republic of Egypt based on the detailed examination of geological and metallurgical work completed by the Geological Survey of Egypt (GSE). These exploration targets on the expansive 1,245 square kilometer/481 square mile block are to be independently confirmed by a Company exploration program carried out in cooperation with Egyptian geologists and the Egyptian Mineral Resources Authority.

ADVERTISEMENT
Exploration Manager, Bill Mann, M.Sc. says, "The results from cyanide extraction of gold from bulk samples of banded iron formation (BIF) collected by the Geological Survey of Egypt at the Oweinat concession are truly extraordinary." This work is documented in the paper, "South Western Desert B.I.F. Laboratory Studies and Gold Extraction Tests," written by Khalid et. al. and published in the annals of the geological survey of Egypt (GSE), volume XXV (2002).

As part of its mobilization for exploration, Klondike Star has undertaken a careful review of known and available geological information about the property. Once on the ground in Egypt, Company geologists will be able to fully assess the documentation of the field sampling and analytical procedures and discuss the reported findings of GSE geologists. All of the work was conducted in-house by the GSE, but the structural geology was evaluated in conjunction with Heidelberg University of Germany.

Flinn notes, "The gold and iron mineralization on the Oweinat property were discovered in 1992, and have never been explored by industry. Klondike Star welcomes the opportunity to work together with Egyptian geologists, communities, contractors and suppliers on what we have every reason to believe is a world-class prospect."

It becomes clear as one sifts through the translated Egyptian reports that regardless of uncertainties regarding the documentation of the work, there must be an extremely large accumulation of gold over a very large area. The sampling and analytical work was conducted by several groups of geologists over the course of several years, and using a variety of analytical techniques that all indicated substantial amounts of gold. Most of the gold analyses are from the fire assay technique, which is long established and cannot indicate gold erroneously. The use of carbon in pulp cyanidation for the analysis of bulk samples is also a well-established method.

The paper cited above is of particular interest, as the bulk (or "technical") samples are large (0.5 to 2.5 tonnes), and have been collected from numerous continuous channel samples taken perpendicular to the strike of the iron formation, with BIF bands that are between 5 and 50m wide. The GSE collected the samples from locations spaced at least 0.5km apart, from multiple BIF bands. The theory guiding the sampling was that gold was deposited syngenetically with the iron, and therefore could be present anywhere in the BIF. There is some evidence that the gold is epigenetic, and preferentially concentrated in fold hinges.

The areas sampled are extremely large, and the results seem to indicate a phenomenal concentration of gold that could rank amongst the world's largest and richest deposits. For example, in sub-area K12 the bulk sample was collected from about 15 locations in an area roughly 5km by 4km, with samples from 5 discreet, parallel BIF bands (which may be repeated by folding). The bulk sample averaged 2.41 g/t gold, and included some bands from areas with no chip samples, and others where the chip samples indicated low gold values (0.33 g/t, 1.03 g/t). In the northern portion of area K12 there is an area of about 1km by 2km where six chip sampled BIF bands range between 9.40 and 13.76 g/t gold. If the bulk sample had concentrated in this area (which appears to be the hinge zone of a fold), it is expected that the bulk sample would have been much higher grade.

Sub-area K7, located about 14km north of K12, is considered to be the highest potential zone by the GSE. The K7 bulk sample returned 6.8 g/t gold. This bulk sample was collected from about 15 locations that tested 6 discrete BIF bands over an area of 6km by 6km. 206 channel samples of various lithologies in this area averaged 3.02 g/t gold.

Mann further comments, "It is interesting to note that the BIF tends to resist erosion, and is therefore sticking out of the sand in this flat lying area. Many of the BIF layers disappear under the sand cover, which is thought to be relatively thin in most places. The host rocks for the gold mineralization are Archaean or Early Proterozoic age, which is globally very favourable for gold. On paper, this is the best undrilled gold prospect that I have ever seen. The next step is for Klondike Star to validate this on the ground in Egypt."

About the Oweinat property, Arab Republic of Egypt

Klondike Star, through its subsidiary, Klondike Star Canada Inc. has an exclusive concession awarded by the Arab Republic of Egypt and the Egyptian Mineral Resources Authority for the Oweinat property encompassing an expansive 1,245 square kilometer/481 square mile block in Western Desert of Egypt. The Oweinat block is north of the border between Egypt and Sudan, near the Libyan border.

Based on preliminary review of the mineral potential of the Oweinat block by the geology department of Klondike Star, the Company believes there is excellent potential for discovery of multiple gold deposits, and potential for iron ore within a vast area.

The Egyptian Mineral Resources Authority has identified multiple zones with high gold grades that warrant a substantial exploration effort. Favourable areas identified by the regional work program were selected for follow-up work in 1996 to 1998, and again in 2000. A bulk sample of 2.5 tons was collected and processed returning 6.8 g/t gold. Of the 13 widely separated blocks studied and sampled in detail within the concession, 6 areas returned analyses above 10 g/t gold and 12 returned gold analyses above 1 g/t by fire assay.

Values up to 43.32 g/t gold over 5m and 34.38 g/t gold over 5m were reported by analysis of rock sampling by EMRA. Iron analyses are mostly in the 20 to 50% Fe2O3 range, with some large samples averaging 32%, however there may be potential for enriched areas among the dozens of BIF bands that are up to hundreds of metres thick and extend for kilometers/miles.

About Klondike Star

Klondike Star is a well-governed junior mineral exploration and development enterprise with projects in Canada and Egypt. The company has majority or 100% interests in 5 gold projects totaling about 290 km2/112.4 mi2 in the Yukon, located in the northwest corner of Canada underlying the site of the world-renowned Klondike gold producing region. Major properties include the advanced-stage exploration Lone Star Gold Project with a scoping study in progress, the intermediate-stage Dominion Gold (and silver) property; and, the pre-development Indian River Gold Project. The mission is to explore, develop and operate new mines as socially responsible, sustainable developments. Through its wholly owned Canadian subsidiary, Klondike Star has been awarded the right to explore and develop gold, iron ore and other minerals on the expansive 1,245 km2/481 mi2 Oweinat concession in the Arab Republic of Egypt through a competitive, international bidding process.

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.


Contact:

For more information please contact:
Wayne Cousins
Investor Relations
Toll Free [phone]


Source: Klondike Star Mineral Corp."

Also wenn ich's richtig verstehe
-auf 'K12 North' und 'K7' darf man, qualitativ +gehaltsmässig,
am meisten gespannt sein, quantitativ dann wohl
komplett auf 'K12' und auch 'K7',
wobei bei letzterem natürlich schon deutlichst mehr
Samples genomen wurden.

kann mich irren, aber mein Eindruck.

[Popeye82]

Der Berg sieht ja schon so schön goldig aus.


Könnte ne echt spannende Sache werden...

[KNORPEL]

Antwort auf Beitrag Nr.: 33.875.949 von Popeye82 am 13.04.08 20:21:01

Hi Popeye

Das Aegypten-Projekt steckt noch in den Kinderschuhen

Wichtiger ist erst mal daß Klondike Star am Indian River die Produktion startet

Sollte ja kein großes Problem sein,

es werden ja keine Erzmuehlen benoetigt,da es sich um "Seifengold" handelt und nur ausgewaschen werden muß

Gruß KNRPEL

[KNORPEL]

Egypt Is a Strategic Investment for Klondike Star

Tuesday April 15, 9:00 am ET

===>>>http://biz.yahoo.com/iw/080415/0386397.html

Klondike Star Completes First Exploration Mission in Egypt

Tuesday April 22, 9:00 am ET

===>>>http://biz.yahoo.com/iw/080422/0388293.html


KNRPEL

[KNORPEL]

Klondike Star Clears Final Regulatory Step on Indian River Gold Project

Tuesday April 29, 9:00 am ET


SEATTLE, WA--(MARKET WIRE)--Apr 29, 2008 -- Donald W. Flinn, P.Eng., Chief Operating Officer of Klondike Star Mineral Corporation (OTC BB:KDSM.OB - News), reports that all the operating permits necessary for Indian River mine development and gold production have now been received.
ADVERTISEMENT

Planning for mine development is proceeding on a systematic, step-by-step basis.

The Company received notice on April 24, 2008 that Yukon mining authorities and the Yukon Water Board, an independent agency, issued Klondike Star a Class 4 placer mining land use operating permit under the Placing Mining Act (Yukon) and a Type B water use license under the Waters Act (Yukon). An authorization to mine was previously granted by the Government of Yukon following the completion of a public environmental and socio-economic review of the proposed Indian River gold mine. The environmental assessment, project review and permitting process took about one year from start to finish.

Flinn notes, "The Yukon and Canada are good places to develop sustainable, socially responsible mines. Indeed, the thorough yet timely review of the proposed Indian River Gold Project by the public and regulatory bodies is testimony to a favorable environment for investment."

The business plan for the proposed Indian River Gold Project is being updated to reflect the latest mineral reserve analysis, cost estimates, scheduling and operating permit requirements now that they are fully known. The option of starting with large-scale test mining is being given consideration, as it could offer advantages with respect to the tax treatment of expenditures, cash flow, cost control and the value of projected returns.

Flinn says, "We are optimistic a decision on whether to proceed with full-scale test mining or directly into production can be made shortly. Either way, gold would be produced."

About the Indian River Gold Project

The Indian River property consists of 223 placer bench claims and 3 leases totaling about 21.1 km2/8.2 mi2 located in a wide, shallow valley about 35 miles from Dawson City, Yukon in the heart of the Klondike gold-producing region. Klondike Star holds 100% ownership, with exception of a 49% interest in a small group of claims. An extensive drilling program, bulk sample test mining, and an analysis of mineralization have been completed and a mining plan developed. The property has never been mined or subjected to modern recovery methods.

The Indian River Gold Project is part of Klondike Star's three prong strategy to advance the company and build shareholder value for long-term gain.

About Klondike Star

Klondike Star is a well-governed junior mineral exploration and development enterprise with world-class projects in Canada and Egypt. The company has majority or 100% interests in 5 gold projects totaling about 290 km2/112.4 mi2 in the Yukon, located in the northwest corner of Canada underlying the site of the world-renowned Klondike gold producing region; and residual interests in three other gold, base and precious metal projects. Major properties include the advanced-stage exploration Lone Star Gold Project with a scoping study in progress, the intermediate-stage Dominion Gold (and silver) property; and, the pre-development Indian River Gold Project. The mission is to explore, develop and operate new mines as socially responsible, sustainable developments. Through its wholly owned Canadian subsidiary, Klondike Star was awarded the right to explore and develop gold, iron ore and other minerals on the expansive 1,245 km2/481 mi2 Oweinat concession in the Arab Republic of Egypt through a competitive, international bidding process.

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.



===>>>http://biz.yahoo.com/iw/080429/0391298.html

KNRPEL

[Popeye82]

Klondike Star Mineral Files SEC form 10-K, Annual Report - EDGAR - 13-Jun-2008
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…


werd mir das alles nochmal versuchen wesentlich
genauer anzugucken.

Brauch immer meinen Geamteindruck/Überblick
-nur bei der Masse von Unternehmen echt schwer
zu bewerkstelligen.

[KNORPEL]

Antwort auf Beitrag Nr.: 34.301.482 von Popeye82 am 14.06.08 01:27:58

Hab noch mal ein par zu 0,40 US $ ergattert
ne kleine Position kann zu solchen Ausverkaufskursen nicht schaden,Popeye

Klondike Star Clears Final Regulatory Step on Indian River Gold Project
SEATTLE, WA--(MARKET WIRE)--Apr 29, 2008 --

Donald W. Flinn, P.Eng., Chief Operating Officer says, "We are optimistic a decision on whether to proceed with full-scale test mining or directly into production can be made shortly. Either way, gold would be produced."

KNRPEL

[KNORPEL]

Schoene Uebersicht der Klondike-Projekte von KDSM,hier zum Beispiel das Indian River Wascherz-Projekt daß ja bald produzieren soll

===>>>http://www.klondikestar.com/pdfs/mineral_exploration/KDSM_Pr…

KNRPEL

[Popeye82]

Klondike Star Reports Year-End Performance Highlights
Thursday June 26, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Jun 26, 2008 -- Hans Boge, P.Eng., President, Klondike Star Mineral Corporation (OTC BB:KDSM.OB - News), is pleased to report highlights and company financial statements for the 12 months ended February 29, 2008. Direct spending on exploration to year-end 2008 was $4,794,417 USD.
http://biz.yahoo.com/iw/080626/0410732.html

"Major highlights for the twelve-months ending February 29, 2008 include:

1. Shifting the Indian River gold project (placer) from advanced-stage exploration to the pre-development stage. This included the completion of a major drilling program, bulk sampling, an environmental and socio-economic assessment of the project by the public, governments and regulatory authorities, the issuance of the authorization to develop and operate the mine, and substantial progress on mine planning and analysis for the determination of a mineral reserve and development decision-making.

2. A significant breakthrough on the advanced exploration stage Lone Star gold project (hard-rock) based on consolidated analysis of 2007 exploration results and geological research of the Klondike Region by the University of British Columbia's Mineral Deposit Research Unit. Updated analysis has identified about 20-25% of the mineralization needed for viable mining and established priority drill targets expected to substantially increase known gold potential. There are now four target zones demonstrating significant gold mineralization and resource potential including Lone Star, Nugget, Buckland, and Pioneer; and a fifth zone, the JF, is drill-ready. The comprehensive Lone Star Gold Project Scoping Study for a large tonnage, low- to medium-grade gold mine with a minimum projected life of 10 years is nearing completion for release.

3. Mobilizing a new Canadian subsidiary for global operations and the award of the 1,245 km2/481 mi2 gold and iron ore mineral exploration and exploitation concession from the Arab Republic of Egypt following a competitive, international bidding process.

Additional operational and financial highlights are summarized in the annual 10-K filing with the U.S. Securities and Exchange Commission. A copy of the complete report is available on the Company website www.klondikestar.com or may be requested by contacting [e-mail] or calling [phone] toll free.

About Klondike Star

Klondike Star is a well-governed mineral exploration and development enterprise with a solid portfolio of projects in Canada and Egypt. The company has majority or 100% interests in 5 gold projects totaling about 290 km2/112.4 mi2 in the Yukon, located in the northwest corner of Canada underlying the site of the world-renowned Klondike gold fields. Major properties include the advanced-stage exploration Lone Star Gold Project with a scoping study in progress, the intermediate-stage Dominion Gold (and silver) property; and, the pre-development Indian River Gold Project. The mission is to explore, develop and operate new mines as socially responsible, sustainable developments. Through its wholly owned Canadian subsidiary, Klondike Star was awarded the right to explore and develop gold, iron ore and other minerals on the expansive 1,245 km2/481 mi2 Oweinat concession in the Arab Republic of Egypt through a competitive, international bidding process.

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.


Contact:

For more information please contact:
Wayne Cousins
Investor Relations
Toll Free [phone]


Source: Klondike Star Mineral Corp."

[KNORPEL]

Antwort auf Beitrag Nr.: 34.393.937 von Popeye82 am 27.06.08 20:47:20

Alles laeuft super Rund hier und wir sind nah am AllTimeLow,kein Schwein interessiert es weder hier noch in USSA

schon seltsam,ich bin auf jeden Fall oberbullish

Gruß KNRPEL

[Popeye82]

Klondike Star Releases Scoping Study for Lone Star Gold Project
Tuesday July 1, 9:00 am ET

SEATTLE, WA--(MARKET WIRE)--Jul 1, 2008 -- Donald W. Flinn, P.Eng., Chief Operating Officer of Klondike Star Mineral Corporation (OTC BB:KDSM.OB - News), today released highlights of the Lone Star Gold Project Scoping Study filed with the U.S. Securities and Exchange Commission
www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…

"Klondike Star initiated a full-scale Scoping Study for the Lone Star Project as a management planning tool to guide and accelerate the assessment of mineral potential, feasibility planning, environmental assessment, permitting and mine development decision-making. It discusses the economic viability of the Lone Star mineral deposit, provides a baseline assessment of environmental and socio-economic considerations (including the permitting process), along with a base case mine design. The study identifies strategies for dealing with critical success factors such as energy supply, and produces detailed capital and operating cost estimates.

Three successive years of environmental monitoring already completed can help to fast-track environmental assessment and permitting as decisions are made to proceed.

"Through its comprehensive, proactive and holistic approach to mine feasibility planning, Klondike Star believes it will cut years from the environmental and socio-economic assessment, mine authorization and permitting processes," stated Hans Boge, President.

The proposed project is an open pit hard rock, low grade, large-scale gold mining and processing operation. It is anticipated that the open pit mine would process approximately 27,000 tonnes per day of gold-bearing ore (in addition to waste rock) over an expected mine life of 10 years. This ore would come from one or more of several mineralized zones on the property.

A special focus was placed on the examination of options for reducing energy costs and taking advantage of locally available renewable energy resources, including small hydro and wind, through a northern appropriate, lowest life-cycle cost design. Such measures reduce and stabilize operating costs, thereby enhancing mine profitability.

The preliminary estimate of capital costs is in the range of $250 million to $300 million (USD). A 24-hour per day mining operation for 330 days per year would yield a projected amount of 271,000 ounces of gold per year, assuming a head grade of about 1.0 g/t and a recovery rate of 92 per cent.

The technical model designed through the scoping study indicates the target, a preferred reserve estimate for making a production decision, is currently in the range of approximately 38.8 tonnes (42.75 tons) of contained gold assuming a gold price of $700 oz (USD). Management is of the opinion that about 25% of the target, identified by the Scoping Study as the threshold for economic viability, has been identified.

Through patient, systematic mineral exploration, complemented by rigorous geological research -- including a Company-funded independent geological investigation of the entire Klondike gold-producing region by the internationally recognized University of British Columbia Mineral Deposit Research Unit (MDRU) -- Klondike Star believes there has been a major breakthrough in the understanding of Klondike geology, in locating the sources of gold and in assessing the scale of mineralization. The company holds all the key ground within the boundaries of the 135 km2/52 mi2 property.

Based on the consolidated analysis of structural geology of the area, previous and exploration results from seven programs (1986 - 2007), including the drilling, bulk sampling, geochemistry and geophysical programs completed by Klondike Star 2005-2007, Company geologists are of the opinion that mineralized material containing 253,000 troy oz has been delineated in the Lone Star Zone (site of the original Lone Star Mine circa 1912-1914) with reasonable confidence in the exploration results. The opinion is based on 14,730 m of drilling in 109 drill-holes. The estimate does not include any of the mineralized material present at other major exploration targets, such as the Buckland or Nugget Zones.

Exploration Manager Bill Mann, P.Geo, says, "A planned program of infill, step-out and deep drilling is expected to substantially increase the identified gold mineralization at the Lone Star Zone."

The scoping study complies with Securities and Exchange Commission Industry Guide 7.

About Klondike Star

Klondike Star is a well-governed mineral exploration and development enterprise with a solid portfolio of projects in Canada and Egypt. The company has majority or 100% interests in 5 gold projects totaling about 280 km2/107.4 mi2 in the Yukon, located in the northwest corner of Canada underlying the site of the world-renowned Klondike gold fields. Major properties include the advanced-stage exploration Lone Star Gold Project with a completed scoping study, the intermediate-stage Dominion Gold (and silver) property; and, the pre-development Indian River Gold Project. The mission is to explore, develop and operate new mines as socially responsible, sustainable developments. Through its wholly owned Canadian subsidiary, Klondike Star was awarded the right to explore and develop gold, iron ore and other minerals on the expansive 1,245 km2/481 mi2 Oweinat concession in the Arab Republic of Egypt through a competitive, international bidding process.

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.


Contact:

For more information please contact:
Wayne Cousins
Investor Relations
Toll Free [phone]


Source: Klondike Star Mineral Corp."