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Last C$0.09 CAD
Change Today -0.01 / -10.53%
Volume 403.0
As of 2:31 PM 07/31/15 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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07/22/15 - C$0.08
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klondike gold corp (KG) Details

Klondike Gold Corp., a resource exploration stage company, acquires and explores for mineral properties in Canada. The company primarily explores for silver, copper, lead, zinc, antimony, tin, and tungsten deposits, as well as base metals, precious metals, and diamonds. It holds interests in various properties located in British Columbia, Ontario, and Yukon, Canada. The company 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. 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.

Klondike Gold Corp. Commences 2015 Exploration Program on the Lone Star and Dominion Properties Near Dawson, Yukon Territory

Klondike Gold Corp. announced the commencement of the 2015 exploration program targeting gold-bearing quartz veins and newly identified fault structures on the Lone Star and Dominion Properties near Dawson, Yukon Territory. Klondike Gold has engaged GroundTruth Exploration Ltd. of Dawson, YT to complete magnetics and orthophotography surveys across the company's Yukon property areas. GroundTruth is using unmanned aerial drone technology to acquire ultra-high resolution imagery necessary to produce orthophotographic base maps and digital elevation models over key areas of interest. GroundTruth will also acquire magnetics data using ground "walking" magnetometer systems, which have high-sensitivity and zero environmental disturbance. Each of these geoscience programs are anticipated to continue through mid-summer. Klondike Gold's geology and prospecting crews have also begun field work. Near-term objectives will focus on resampling and structural mapping of old trenches followed by final remediation of these sites. Prospecting, mapping, and other follow-up surveys will utilize geoscience data generated by GroundTruth as it becomes available and will focus initially on known areas of gold- mineralized quartz veining. The remaining 2015 exploration season will consist of the collection of target specific geophysics, orthophotography, soil geochemistry, trenching, plus prospecting and mapping. The Company has budgeted for an initial test of approximately 1,000 meters of diamond drilling contingent upon continued positive detailed exploration results. Klondike Gold has working capital of approximately $1.2 million and is fully funded for 2015. Work has also resumed for the season at the McKinnon Creek placer property operated under lease for the second year by Todd Hoffman (Jerusalem Mining LLC). Under the terms of the lease, Klondike Gold receives a 20% gross (15% net) production royalty which in 2014 netted 202 ounces of placer gold to the Company. The McKinnon Creek placer mining operation is featured on the Discovery Channel show "Gold Rush". Season 6 of Gold Rush is currently being filmed for broadcast during the fall of 2015.


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