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Klondex Mines Limited
Klondex Mines Ltd. (TSX: KDX; OTCQX: KLNDF) is primarily engaged in the development and exploration of its 100%-controlled Fire Creek Gold Project in North Central Nevada. Fire Creek is strategically located between the past producing Mule Canyon Mine to the north and the world-class Pipeline and Cortez gold deposits to the south, in the Northern Nevada Rift. The property comprises 11,208 acres (17.5 square miles) and is readily accessible via paved Federal and state roads within 3 miles of the project. Klondex's secondary focus is acquiring, exploring and developing other gold and silver properties in Nevada. Currently Klondex has three other gold exploration properties, and it reviews and considers other projects for inclusion. On December 4, 2013, Klondex announced a definitive agreement to purchase the Midas Mine and Milling Facilities from Newmont Mining Corporation. The acquisition is transformational to Klondex, adding a high-quality operating mill, high-grade gold mine and substantial upside potential. |
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