Klondike Gold drills three m of 5.2 g/t Au at Klondike

Executive Summary

• Klondike Gold Corp. released assay results from its 2025 Phase 1 diamond drill program, totaling 2,354.70 metres across 13 holes at its 100%-owned Klondike district property in the Yukon, Canada.
• The program successfully identified gold mineralization outside of previously defined resource areas, including a new discovery zone in hole EC25-566, validating the structural controls on gold deposition.
• Phase 2 exploration has commenced, focusing on 3-D structural modeling, re-logging historical core, and SWIR measurements to guide future resource expansion and new discoveries.

Key Details

• Program Scope: 2025 Phase 1 diamond drill program totaling 2,354.70 metres across 13 holes.
• Objective: Test orientation of major structural features interpreted to control gold deposition and estimate offset distances.
• Highlighted Intercepts:
  • Hole EC25-554: 0.25 g/t Au over 64.80 metres (from 7.55m to 72.35m), including 1.30 g/t Au over 10.00 metres (from 62.35m to 72.35m).
  • Hole EC25-557: 0.13 g/t Au over 14.50 metres (from 171.50m to 186.00m) and 0.14 g/t Au over 10.50 metres (from 197.00m to 207.50m).
  • Hole EC25-561: 0.76 g/t Au over 2.00 metres (from 121.50m to 123.50m).
  • Hole EC25-562: 0.47 g/t Au over 5.00 metres (from 26.00m to 31.00m).
  • Hole EC25-566: 5.20 g/t Au over 3.00 metres (from 75.00m to 78.00m) – identified as a new gold discovery zone.
• Geological Context: Six holes intersected notable gold mineralization. The drilling occurred outside previously defined Lone Star and Stander mineral resource areas.
• Future Plans: Phase 2 exploration initiated to complete a detailed 3-D structural and lithologic model for main resource areas.
• Phase 2 Activities:
  • Re-logging over 60,000 metres of historical drill core.
  • Detailed analysis of local fault systems.
  • Collection of short wave infrared (SWIR) measurements on Phase 1 core.
  • Evaluation of correlations between lithology and gold mineralization.
• Qualified Person: Peter Tallman, PGeo, President of Klondike Gold.

Notable Quotes

• "These results are highly encouraging... The fact that several holes encountered gold mineralization, including a new gold discovery zone in EC25-566, suggests we are on the right path to understanding the geological architecture that originally emplaced the substantial gold endowments within the historic Klondike gold district." — Peter Tallman, CEO and President.