Regional Silt Survey Identifies Highest Anomalous Sites Within Klondike District Property - Seite 2

Two of these sites are associated with large Au-soil geochemical anomalies from the Company's regional soil survey program. Another of these sites is near a c.1900 historic gold mine shaft/adit/workings exploration area that was ‘relocated' by Company staff late in 2023 and is a target of 2024 field exploration. Two anomalous sites are within small drainages with no known gold mineralization as potential source that will now also be investigated in 2024.

All six sites are located adjacent to major crustal faults mapped by the Company which are associated with orogenic gold mineralization within a corridor of rock types the Company has identified as highly prospective.

No samples in the BLEG survey were collected within 10km of the northwestern end of the property thus excluding the highly prospective drainages of Eldorado and Bonanza Creeks where the Company has outlined the open ended Lone Star and Stander Deposits both with open pit constrained Mineral Resource Estimate ("MRE")¹ areas.

The Klondike team continues to evaluate the 50-element dataset in detail. Data from the 50-element BLEG survey supports different geochemical domains corresponding to the Company's differentiated geology separated by major faults.

The Company contends that the Klondike District is an unrecognized world-class orogenic gold belt comprised of a disparate series of thrust terranes, contradicting Yukon Territorial Government and Geological Survey of Canada mapping depicting one ‘undifferentiated' Klondike Schist geology unit without faults and thus limited (hence ‘overlooked') gold potential.

Foto: Accesswire

Figure 1: Map of Gold (Au) percentile rank of 37 BLEG sample sites within the Klondike District Property out of 292 regional sample survey.

QUALITY ASSURANCE/QUALITY CONTROL

The technical and scientific information contained within this news release has been reviewed and approved by Peter Tallman, P.Geo., President and CEO of Klondike Gold and Qualified Person as defined by NI 43-101 policy. Interpretations of BLEG data and results herein are solely the responsibility of Klondike Gold. Exploration related technical information, specifications, analytical information and procedures can be found on the Company's website.