Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Explorer Finds Another High-Grade Gold Zone at Yukon Project
News Update

Share on Stocktwits


The new assays are comparable to those from previous samples taken from the historical district property.

Klondike Gold Corp. (KG:TSX.V) announced in a news release that it discovered a zone of high-grade gold parallel to the mineralization of the Nugget zone at its Klondike project in the Yukon.

The company discovered this through the drilling of nine holes in the Nugget zone along the Nugget Fault, results of which it just announced.

The new zone, found through drill hole EC19-267, is situated 25m below the Nugget zone mineralization and remains open.

Assays from that hole demonstrated mineralization grading 1,009 grams per ton (1,009 g/t) gold with 1,035 g/t silver over 1m, including 2.5m of 404 g/t gold and 412 g/t silver. "Nugget zone high-grade gold-silver mineralization in EC19-267 is comparable to other occurrences sampled in 2014 to 2018 within the Klondike District property," the release noted.

Other drill result highlights included those from hole EC19-256, which encountered Nugget zone mineralization grading 9 g/t gold over 10m, including 21.5m of 4.3 g/t gold beginning at surface.

Drill hole EC19-266 intersected Nugget zone mineralization, too, but at a grade of 8 g/t gold over 49.6m beginning at surface.

The nine reported holes are part of the total of 12 drilled over 913 meters in the Nugget zone. Results of the remaining three holes are pending.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.

Want to read more about Gold and Silver investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe