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klondike gold corp (KG) Snapshot

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02/18/14 - C$0.35
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12/12/14 - C$0.12
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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

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klondike gold corp (KG) Key Developments

Klondike Gold Corp. Reports Lone Star Property Rock Sample Assays

Klondike Gold Corp. announced recently received rock assays from 212 prospecting samples on the Lone Star Property collected during the 2014 field program as part of a broader program evaluating the Lone Star, Dominion, and Gold Run Properties totaling 22,500 hectares area located near Dawson, YT, Canada. Klondike Gold owns a 100% interest in 1,228 quartz claims and 14 crown grants covering the western half of the Klondike placer goldfields. Prospecting samples at the Boulder Lode prospect from a newly uncovered quartz vein ('Vein 1') yield gold assays of 1,766 g/t Au, 1,007 g/t Au, and 831 g/t Au with corresponding silver assays of 400 g/t Ag, 237 g/t Ag, and 205 g/t Ag respectively. (Prospecting samples are selective in nature; systematic test results may vary significantly.) Prospecting samples of bedrock quartz veins from the Nugget to Buckland prospect areas assayed between 1.0 g/t Au and 19.4 g/t Au including six samples with visible gold identified in outcrop. Prospecting identified 19 geographically diverse previously undocumented sites of visible gold in outcropping bedrock quartz veins. Analysis of historical aeromagnetic surveys from Klondike Gold and the Geological Survey of Canada has identified a shear fault array comprised of a main dextral shear fault with associated secondary pinnate and horsetail extensional faults interpreted to transect the Klondike goldfields. Portions of this fault network have been identified previously as "D4" faults and this fault array appears to be a primary control on "D4" gold- bearing quartz veins in Klondike area.

Klondike Gold Corp. Auditor Raises 'Going Concern' Doubt

Klondike Gold Corp. filed its Annual on Jun 27, 2014 for the period ending Feb 28, 2014. 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. Approves to Adopt New Form of Articles

Klondike Gold Corp. announced that at the Annual General and Special Meeting of Shareholders held on February 18, 2014 approved to adopt a new form of Articles.


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