(TheNewswire)
May 17, 2022 – TheNewswire - Klondike Silver (TSXV:KS) ( the “Company”) continues final preparations prior to commencingits 2022 underground exploration drifting and drilling program. TheCompany’s goal is to commence working underground in the next 30-60days. Utilizing the Silvana 4625 West Lateral Drift workings,the Company has drifted approximately 80 meters to the west of DrillStation #1. When Drill Station #2 is fully established, a series ofunderground diamond drill holes will be drilled in a fan-type drillpattern to intersect the widest coverage area of the Main Lode veinsystem from this location.
Klondike’s Silvana Mine Silver Lead Zinc project is located in South Eastern B.C., 138 km northof the Trail B.C. smelter. The Company is exploring from underground,the western extension of the Silvana Mine, along the “Main Lode”.The “Main Lode” is a 9 km vein structure which is the mostprolific mineralized structure in the Slocan Mining Camp.
Tom Kennedy says: “We are veryencouraged with the drill program so far. We intersected the Main Lodein all the drill holes from Drill Station #1 (see KS News Release April 24, 2020). We are confident this exciting project ison the right track” .
About KlondikeSilver
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Klondike’s Silvana Mine Silver ZincLead project is located in South EasternB.C.
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Klondike’s 116 square kilometer claim block is 138 km north of theTrail B.C. smelter.
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Klondike Silver is exploring fromunderground , along the 9 km “Main Lode”. The “MainLode” is the most prolific mineralized structure in the SlocanMining Camp.
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There are 13 historical mines thatare situated along the “Main Lode” which have produced886,000 kg of silver, 95 million kg of zinc and 117 million kg lead sofar. (source: BC MINFILE).
Additional information can be found on Klondike Silver’s website: www.klondikesilver.com
On Behalf of the Board of Directors | Contact Information |
Klondike Silver Corp. | Corporate Inquiries: |
"Thomas Kennedy" | Dale Dobson: (604) 682-2928 |
Thomas Kennedy, B.Comm., J.D. | |
CEO, Director |
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
Caution Regarding Forward-Looking Information
This news release includes certain information that mayconstitute “ forward-looking information ”under applicable Canadian securities legislation. Forward-lookinginformation includes, but is not limited to, statements aboutstrategic plans, future work programs and objectives and expectedresults from such work programs. Forward-looking informationnecessarily involve known and unknown risks, including, withoutlimitation, risks associated with general economic conditions;inability to access sufficient capital from internal and externalsources, and/or inability to access sufficient capital on favourableterms; and other risks.
Forward-looking information is necessarily based upon anumber of estimates and assumptions that, while considered reasonable,are subject to known and unknown risks, uncertainties, and otherfactors which may cause the actual results and future events to differ materially from those expressed orimplied by such forward-looking information and the risks identifiedin the Company’s continuous disclosure record. There can be noassurance that such information will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such information. Accordingly, readers should not placeundue reliance on forward-looking information. All forward-lookinginformation contained in this news release is given as of the datehereof and is based upon the opinions and estimates of management andinformation available to management as at the date hereof. The Companydisclaims any intention or obligation to update or revise anyforward-looking information, whether as a result of new information,future events or otherwise, except as required by law.
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