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Last C$0.10 CAD
Change Today +0.005 / 5.56%
Volume 123.0K
KG On Other Exchanges
As of 3:55 PM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

klondike gold corp (KG) Snapshot

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01/30/15 - C$0.28
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klondike gold corp (KG) Details

Klondike Gold Corp., a resource exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold, silver, zinc, and lead. It holds interests in various properties located in Yukon, British Columbia, and Ontario, Canada. Klondike Gold Corp. was founded in 1978 and is headquartered in Vancouver, Canada.

Founded in 1978

klondike gold corp (KG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

klondike gold corp (KG) Key Developments

Klondike Gold Corp. Announces Production Update

Klondike Gold Corp. announced metallic screen assay results of chip sampling from the Nugget Zone and that diamond drilling has commenced at its 100% owned Lone Star property located 20 km south of Dawson City, Yukon. The company has contracted Kluane Drilling of Whitehorse, Yukon to drill approximately 12 holes totaling 1,000m as a first pass test of various areas of quartz veining containing visible gold within the Lone Star property including at Nugget. Bulldozer trenching in the early 1990's and additional excavator trenching in 2005 uncovered quartz veins containing visible gold at Nugget. Limited follow-up included three diamond drill holes in 2007 which missed the target because they were drilled precisely parallel (down-dip) to the veining. No further substantive work has been conducted until now. The Company contracted Ground Truth Exploration Ltd. of Dawson, YT who completed ~1,000 meters of detailed induced polarization along three lines spaced 50 meters apart across this target. The Company completed detailed representative chip sampling perpendicular to veining across 14 individual lines over 38 meters strike length of outcropping quartz veins and adjacent host rock. A total of 38 chip samples were collected and analyzed by metallic screen assaying. The Company has contracted Kluane Drilling of Whitehorse, YT to diamond drill approximately 1,000 meters as a first pass program testing various areas of quartz veining containing visible gold within the Lone Star property including at Nugget. The drill program has commenced and is currently on schedule to be completed by the end of August.

Klondike Gold Corp. Provides Update on 2015 Exploration Programs on the Lone Star and Dominion Properties Near Dawson, Yukon Territory

Klondike Gold Corp. provided an update on 2015 exploration programs on the Lone Star and Dominion Properties near Dawson, Yukon Territory. The announced $800,000 exploration program commenced in late April 2015 and is currently under budget and approximately one month ahead of planned schedule. Klondike Gold owns a 100% interest of 1,406 quartz claims and 14 crown grants covering 250 square kilometers underlying the western half of the Klondike placer goldfields. To date a total of 94.3 square kilometers of orthophotography and digital elevation modeling collected by unmanned aerial drone (UAV) surveying has been acquired, processed, and rectified to a UTM projection mapping base. The imagery covers the Lone Star and Dominion Properties, as well as the Indian River/McKinnon Creek placer property. The high resolution imagery is an invaluable aid to prospecting and other geoscience surveys. Additional orthophoto surveys are planned. A total of 677 line kilometers of detailed high-sensitivity ground magnetics surveying over all high-priority areas has been acquired and processed. Magnetics surveying is complete at the Dominion and Lone Star Properties. Additional magnetic surveys are planned for the Sulphur Creek and Gold Run Properties.

Klondike Gold Corp. Auditor Raises 'Going Concern' Doubt

Klondike Gold Corp. filed its Annual on Jun 29, 2015 for the period ending Feb 28, 2015. In this report its auditor, Morgan & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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