| | Published : June 01st, 2012 | KG Corporate Newsletter |
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TSX.V: KG
Our Projects |
Indian River, YT Clubine, BC Red Point, BC Hughes Range, BC Kidd Star, BC Lewis McNeil, BC Panda - Irishman, BC Pit Ash, BC Quartz Mountain, BC Thea Gold, BC Vine Davent, BC Cold Creek, BC |
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This newsletter is the first in a series of communications to shareholders, investors and stakeholders interested in following the activities, progress and plans of Klondike Gold Corp. The past year was extremely eventful for the Company, with management changes, strategic acquisitions and initial financings strengthening a commitment to explore and advance a highly prospective land package in the heart of Yukon's world-famous Klondike gold fields.
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Lone Star Mine, 1912-1914 | Klondike Gold, which began life as Arbor Resources in 1978, was one of the first companies to assemble land in the Klondike based on the theory that the 20 million ounces of mostly placer gold recovered since the 1898 gold rush were derived from undetected lode (hard-rock) gold deposits. Company founder Richard Hughes went on to co-discover the Golden Giant gold mine in Ontario's Hemlo district in the early 1980s, yet he continued to explore properties in the Klondike camp near Dawson City for years afterwards. |
A New Team With Yukon Roots |
Klondike and Yukon Rivers meet at Dawson City, YT
Richard Hughes retired to become Chairman of the Board in November, 2011 but his vision is being pursued by a new management team with extensive Yukon experience. Long-time Yukon resident Eric Rauguth took his place as President and CEO of the Company, while Manfred Peschke, also a long-time Yukoner, joined the Board of Directors. They bring to the Company more than 70 combined years of mineral exploration and mining experience in North, Central and South America, notably with Carson Gold Corp., Vanessa Ventures Ltd., and Cogasa Mining Corp.
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Revitalized Corporate Strategy |
During the past year, Klondike Gold began a restructuring process and launched a new corporate strategy based on five key objectives:
- build a strong management team and expand the shareholder base
- consolidate and expand the Klondike land holdings
- generate value through exploration success
- seek partners for other projects
- acquire advanced projects in mining-friendly jurisdictions
The following milestones were achieved as part of this revitalized growth strategy.
- Team-Building and Investor Outreach: A priority goal was to build a Yukon-focused management team that warrants the confidence of the investment community in order to attract new investors, including from Europe and the Middle East. Another important part of this initiative was assembling an experienced and respected exploration and operations team. As a result of these efforts, the Company welcomed a new group of sophisticated investors during its initial financings in late 2011 and early 2012, which have raised a total of $3.7 million to date.
- Consolidate and Expand Assets: In October 2011, the Company acquired privately held Lonestar Gold Inc. in order to consolidate its position over 700 quartz (lode) claims comprising the Lone Star property in the Klondike camp. In the spring of 2012, the Company announced conditional approval for its takeover bid of Klondike Star Mineral Corporation, which will increase the Company's land position from 700 claims covering 130 square kilometers to approximately 1,100 claims covering 200 square kilometers. The consolidated land package - to be 100% owned - would cover more than 70% of the Bonanza/Eldorado catchment area, credited with providing more than half of the historic gold production in the Klondike.
- Exploration and Geoscience: Ongoing exploration will benefit from new research focused on understanding the geology and mineralization of the Klondike goldfields, and from almost $30 million of previous work conducted by the Company and its partners since 1987. The data are being assimilated for the first-time ever in a single GIS-friendly database to guide exploration programs, which will initially focus on the Lone Star property. A NI 43-101 technical report has been filed for this priority project.
- Other Projects: Klondike Gold plans to advance and add value to its other projects, consisting mostly of base metal projects in British Columbia, through joint ventures with competent operators.
- Project Evaluation: The Company will continue to evaluate advanced projects in mining-friendly jurisdictions, which, if acquired, would then be optioned to partners capable of financing and operating them.
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An Early Start in 2012 with Yukon Exploration |
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Drill Rig being located, April 2012 |
Klondike Gold is positioned for an exciting year ahead with its newly expanded, strategically assembled properties in the prolific Klondike gold fields.
The 130 square-kilometer Lone Star Project, an important asset of the Company, is one of five extensive zones of mineralization situated at the headwaters of the famous Eldorado and Bonanza Creeks where the Klondike Gold Rush began in the late 1890s. The project includes the site of the historic Lone Star Mine (1912-1914).
Clearing snow in April for early start to exploration season
The 2012 exploration program is currently underway. It will include an initial 1,500 meters of drilling to test the geology, structure and mineralization of the Lone Star deposit and the nearby Pioneer zone, and also will test undrilled geophysical anomalies.
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Yukon - A Top Destination for Mineral Investment |
Key Projects of Klondike Gold Corp. (TSX.V: KG)
Mineral-rich Yukon is one of the world's most favorable jurisdictions for investment in mineral exploration and mine development. In April, 2003 Yukon won its struggle for devolution in order to gain control over the development of its natural resources which previously were largely administered by the federal government in Ottawa.
In addition to a century-long mining history, Yukon has the advantages of mostly settled native land claims, a highly favorable geological endowment and investment climate, and a streamlined Yukon-controlled mine-permitting process. | |
This KG Newsletter is the first in a series of communications that serves to inform our shareholders and stakeholders that we are all part of an exciting mission to find and build mines. We have a new team, made up of very experienced talent, and a new approach towards our work. Regarding our principal project that seeks to find sources for the vast gold deposits of the historical Klondike Gold Fields, we approach our task with confidence and enthusiasm, at what may be the beginning of a "New Klondike Gold Rush". | | |
We would like to hear from you. Please contact us at info@klondikegoldcorp.com if you have a question, if you want to specify any changes to your contact information, or if you want to provide us with email addresses of persons that should be receiving these communications. | | |
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Klondike Gold Corp. | 711-675 West Hastings Street | Vancouver | BC | V6B 1N2 | Canada |
Data and Statistics for these countries : Canada | All Gold and Silver Prices for these countries : Canada | All
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VanEck Vectors Global Alternative Energy ETF
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EXPLORATION STAGE |
CODE : KG.V |
ISIN : CA4989032020 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Klondike Gold is a gold exploration company based in Canada. Klondike Gold holds various exploration projects in Canada. Its main exploration properties are KOOTENAY KING, PIT, INDIAN RIVER, IRISHMAN, PAYDAY, VILLEBON, WAWA, KLONDIKE STAR / KLUANE (AKA LONE STAR), GOLDEN EGG, RED POINT, METEOR LAKE, INDIGO, IOCG CRANBROOK SOUTH, MATARROW MINE, CRUZ, JCD, ESQUEGA, RON GOLD GROUP, SPICE and CLUBINE in Canada. Klondike Gold is listed in Canada and in United States of America. Its market capitalisation is 3.6 millions as of today (US$ 2.6 millions, € 2.4 millions). Its stock quote reached its highest recent level on November 29, 1996 at 97.55, and its lowest recent point on August 23, 2024 at 0.07. Klondike Gold has 47 442 200 shares outstanding. |
Financings of VanEck Vectors Global Alternative Energy ETF |
Project news of VanEck Vectors Global Alternative Energy ETF |
Corporate news of VanEck Vectors Global Alternative Energy ETF |
8/19/2016 | Klondike Gold Announces $1,000,000 Private Placement |
7/14/2016 | Early Klondike Gold Drill Results Yield 5.1 g/t Au Over 14.3... |
6/21/2016 | Klondike Gold Corp Announces Option Grant |
6/14/2016 | Klondike Gold Updates Drilling Progress |
6/1/2016 | Klondike Gold Announces Closing of $1,200,000 Private Placem... |
5/31/2016 | Rise Resources Acquires Gold and Base Metal Properties in Br... |
5/18/2016 | Klondike Gold Announces $1,200,000 Private Placement |
5/18/2016 | Klondike Gold Announces Prospecting Results and Drilling Com... |
4/25/2016 | Klondike Gold Corp Announces Listing on the Frankfurt Stock ... |
4/19/2016 | Klondike Gold Corp Announces Option Grant |
1/4/2016 | Klondike Gold Corp. Announces Closing of $416,500 Equity Fin... |
12/23/2015 | Klondike Gold Corp. Announces Closing of $416,500 Equity Fin... |
12/15/2015 | Klondike Gold Announces Private Placement |
11/3/2015 | Klondike Gold Receives $0.5 Million Royalty Payment for 2015 |
10/26/2015 | Klondike Gold Reports Remaining 2015 Drill Results; Intersec... |
10/15/2015 | Klondike Gold Reports First 2015 Drill Results; Intersects 5... |
9/24/2015 | Klondike Gold Drilling and Exploration Update |
8/18/2015 | Klondike Gold Commences Yukon Drilling at Lone Star |
7/16/2015 | Klondike Gold Yukon Exploration Update |
2/24/2015 | Klondike Gold Approves $800,000 Yukon Exploration Budget for... |
2/19/2015 | Klondike Gold Receives Final Payment for Portuguese Assets |
2/2/2015 | Klondike Gold Reports Gold Run Property Assays, New Staking |
2/2/2015 | Klondike Gold Reports Gold Run Property Assays, New Staking |
1/19/2015 | Klondike Gold Reports Dominion Property Rock Sample Assays |
1/19/2015 | Klondike Gold Reports Dominion Property Rock Sample Assays |
1/14/2015 | Klondike Gold Reports Lone Star Property Rock Sample Assays |
1/14/2015 | Klondike Gold Reports Lone Star Property Rock Sample Assays |
12/16/2014 | Klondike Gold Announces Closing of Private Placement |
12/16/2014 | Klondike Gold Announces Closing of Private Placement |
11/20/2014 | Klondike Gold Announces Closing of $2.35 Million Equity Fina... |
11/20/2014 | Klondike Gold Announces Closing of $2.35 Million Equity Fina... |
10/21/2014 | Klondike Gold Announces Lease Agreement with Todd Hoffman’s ... |
10/21/2014 | Klondike Gold Announces Lease Agreement with Todd Hoffman’s ... |
9/16/2014 | Klondike Gold Announces Acquisition of Remaining 50% Interes... |
9/4/2014 | Klondike Gold Announces Agreement to Acquire Remaining 50% I... |
7/24/2014 | Klondike Gold Corp. Announces Share Consolidation |
7/18/2014 | Klondike Gold Announces Successful Acquisition of Klondike S... |
6/2/2014 | Klondike Gold to Further Extend Expiry Date of Offer to Klon... |
4/29/2014 | Klondike Gold to Extend Expiry Date of Offer to Klondike Sta... |
12/5/2013 | KG News Release, December 5, 2013 |
10/31/2013 | from Klondike Gold Corp. |
9/17/2013 | KG Corporate Newsletter - September, 2013 |
9/6/2013 | KG News Release, September 5, 2013 |
9/1/2013 | KG News Release, August 31, 2013 |
8/12/2013 | President's Letter - August 2013 |
7/31/2013 | KG News Release, July 31, 2013 |
6/3/2013 | KG News Release, June 3, 2013 |
6/3/2013 | Concludes Lone Star Data Compilation and Delineates Bulk Ton... |
5/17/2013 | Richard Hughes Resigns as Director |
4/27/2013 | KG Corporate Newsletter - April, 2013 |
3/23/2013 | KG News Release, March 22, 2013 |
3/14/2013 | KG Corporate Newsletter - March 2013 |
2/14/2013 | Application Accepted on Three New Portuguese Exploration Lic... |
2/7/2013 | KG News Release, February 6, 2013 |
2/6/2013 | 2012 South East BC Gold Exploration |
1/30/2013 | Shareholder Information - January 2013 |
1/30/2013 | Lone Star 2012 Exploration Summary |
1/25/2013 | KG News Release, January 23, 2013 |
12/18/2012 | KG Corporate Newsletter - December 2012 |
12/11/2012 | KG News Release, December 11, 2012 |
11/14/2012 | Samples 179 g/t Gold with 78 g/t Silver and 98.8 g/t Gold wi... |
11/2/2012 | KG News Release, October 29, 2012 |
9/20/2012 | KG Corporate Newsletter - September 2012 |
9/20/2012 | KG News Release, September 5, 2012 |
8/13/2012 | KG News Release, August 9, 2012 |
6/1/2012 | KG Corporate Newsletter |
5/16/2012 | A Message from Klondike Gold Corp. |
7/11/2011 | Reactivated |
2/8/2008 | Hinckley property, Sandon Silver camp |
2/7/2008 | HAULTAIN PROPERTY DRILLING UPDATE, GOWGANDA SILVER CAMP |
12/10/2007 | NEW SILVER-LEAD MINERALIZATION DISCOVERED |
11/17/2007 | MAJOR ONTARIO EXPLORATION PROGRAM COMMENCED |
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