April 27, 2022 Klondike Gold Corp. (TSXV:KG, BUY, C$0.45 target, Taylor Combaluzier) announced that a geology NI 43-101 technical report (read here) for its 100%-owned Klondike
April 22, 2022 Klondike Gold Corp. (TSXV:KG, BUY, C$0.45 target, Taylor Combaluzier) provided an update on planned exploration activities at its 100%-owned Klondike District property
Klondike Gold reported results from its 2021 Phase 4 diamond drilling program (13 holes totaling 886m) completed at its 100%-owned Klondike District property in the Yukon. We view these results positively as drilling has extended Au mineralization at the Gay Gulch Au showing at Eldorado Creek. We continue to look forward to the upcoming maiden resource estimate for the Lone Star zone at the Klondike project, where we believe the company could likely delineate at least a ~0.55M oz Au resource at an average grade of ~0.83 g/t Au. This resource along with planned exploration activities yielding positive results, could help drive a re-rating of Klondike’s stock.
Last Friday, Red Cloud hosted the third and final day of its Very Pre-PDAC Mining Showcase, which featured 39 presenting companies including a keynote speech by Joe Mazumdar, Editor/Analyst and Publisher of Exploration Insights and had over 1,750 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. Replays are available on the Red Cloud website.
Klondike Gold reported results from its 2021 Phase 3 diamond drilling program (20 holes or 2,651m) from the Stander Zone at its 100%-owned Klondike District property in the Yukon. Drilling has continued to define mineralization at the Stander Zone as a higher-grade core area surrounded by a mineralized halo. The company also reiterated that it plans to complete a maiden mineral resource in 2022 that will cover the Lone Star Zone. Our prior mineral inventory considered a Lower Case that included potential from both the Lone Star and Stander zones; however, we now estimate a Lower Case mineral inventory based solely on the potential from the Lone Star Zone. As such, we believe Klondike could likely delineate ~0.55M oz Au resource at ~0.83 g/t Au at Lone Star in 2022.
November 18, 2021 Klondike Gold Corp. (TSXV:KG, BUY C$0.50 target, Taylor Combaluzier) announced the completion of its previously announced (read more) non-brokered private placement financing. Through
Q3 operating and financial results are to be announced over the next few weeks. While gold is out of favour, prices have been trading within a narrow window that have allowed companies to continue to turn profits, despite an uncertain outlook. Late summer was hard on most commodities as precious and industrial metals alike fell on a slowdown in global economic growth due to surging fuel prices, Chinese power restrictions, labour shortages, disrupted global supply chains and a stronger USD. Metal prices came under further pressure as major property developer Evergrande missed further bond payments, impacting iron ore and copper prices. With this update, we provide new commodity price and FX forecasts, updated coverage estimates, and a fresh set of top picks.
October 1, 2021 Klondike Gold Corp. (TSXV:KG, BUY C$0.50 target, Taylor Combaluzier) announced that it plans to raise C$3.5M by way of a non-brokered private
Klondike Gold reported results from its 2021 Phase 2a diamond drilling program at the Lone Star zone, part of its 100%-owned Klondike District property in the Yukon (Figure 1). Drilling aimed to test the eastern extension of the zone with 12 holes (1,222m) with results extending near-surface Au mineralization by 250m or +25% in length. As outlined in our initiation report, we continue to believe that the company could likely delineate a ~0.5M oz Au resource at ~1.0 g/t Au at the Lone Star and Stander zones in 2022 based on existing and planned drilling in 2021.
Klondike Gold reported results from its 2021 Phase 2b diamond drilling program from the Lone Star zone at its 100%-owned Klondike District property in the Yukon. Drilling aimed to test the downslope and potential down-dip extension of the Lone Star zone with 13 holes (2,661m). We continue to believe that the company could likely delineate a ~0.5M oz Au resource at ~1.0 g/t Au at the Lone Star and Stander zones in 2022 based on existing and planned drilling in 2021 (see our initiation report).