Klondike Silver Corp. Commences 2010 Spring/Summer Regional Exploration Program in Silvana Silver Camp
26 Mai 2010 - 6:11PM
Marketwired Canada
Klondike Silver Corp. (the "Company") (TSX VENTURE:KS) is pleased to announce it
has commenced an aggressive regional exploration program in the Slocan Silver
Camp for the spring/summer exploration season. Underground work at the Silvana
mine is ongoing and the Company expects to provide an underground exploration
update in the near future.
"The Company expects compilation work completed over the winter to greatly
assist in defining and expanding exploration targets throughout the Slocan
during the course of the 2010 program," commented Company President, Richard
Hughes. "The experience and local knowledge present in our exploration team is
expected to greatly enhance the effectiveness and efficiency of this year's
program."
Regional Program Highlights:
-- Surface work to advance exploration begun last year on numerous
properties in the Slocan Silver camp.
-- Geotronics Consulting Inc. has been contracted to undertake an IP
geophysical survey on several of these properties, starting immediately.
-- The survey will be done in conjunction with a ground VLF-EM and
magnetometer survey, in an attempt to discover extensions of known
mineralization and/or to test geochemical anomalies
-- First phase of exploration will target the McLanders vein on the
Wonderful property, which was both drilled and trenched in 2005. The
McLanders vein is unusually silver rich, with grab samples assaying up
to 197 oz/ton silver.
-- Second phase of exploration will focus on other properties including
testing for an the western extension of the Violamac and Hinckley
deposits, the western and eastern extensions of the Hewitt-Van Roi vein
system, and the eastern extension of the Richmond-Eureka in the Cody
Creek drainage basin
-- Exploration during the 2010 season will include more detailed
geochemical surveys, particularly in areas where 2009 surveys indicated
broad silver-lead soil anomalies.
-- Trenching, begun late in the 2009 season, will continue to test
coincident geochemical and geophysical anomalies.
The Qualified Person for the purpose of National Instrument 43-101 is Trygve
Hoy, PEng, PhD who has read and agreed with the technical information in this
news release.
About Klondike Silver:
Klondike Silver is a member of the Hughes Exploration Group of Companies and is
led by a team with an excellent track record of discovery and development in
Canada.
Klondike Silver Corp. has assembled a quality portfolio of silver properties in
historic mineral districts in North America, and is applying advanced
exploration technologies to add value to these core assets. Klondike Silver is
reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous
Klondike district of Yukon Territory. The Company owns a 100 TPD fully
operational flotation mill in Sandon, BC, which is currently processing material
from local mines in the historic Slocan Silver Camp.
Visit Klondike Silver's web-site: www.klondikesilver.com to see Smartstox
interviews with Company President, Richard Hughes.
The statements made in this news release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's expectations and projections.
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