Results confirm fault-linked mineralization, support expanded modeling.
Klondike Gold Corp. Nov. 6 reported results from the first phase of its 2025 drill program at the Klondike District Gold Project in Yukon, where structural testing across 13 holes confirmed key fault orientations and delivered a new zone of gold mineralization.
“These results are highly encouraging,” said Klondike Gold President and CEO Peter Tallman.
Launching the first phase of its multi-stage 2025 drill program in late April, Klondike Gold focused on tracing the deeper and wider extents of gold-bearing structures within the Eldorado Fault Corridor, a major deformation zone that cuts across the company’s district-scale Klondike District Gold Project roughly 20 kilometers southeast of Dawson City.
Guided by new three-dimensional geological models developed through detailed structural mapping and re-logging of more than 60,000 meters of historical core, the company completed 2,354.7 meters across 13 holes by mid-summer, testing structural controls at four gold showings along a 3.8-kilometer section of the corridor to refine the orientation and continuity of mineralized faults ahead of subsequent phases.
While assay results from the initial drilling were being processed, Klondike advanced into the second phase of its 2025 program, expanding work to the Lone Star and Stander deposits in the northern portion of the property. That effort centered on district-scale geological reconstruction through detailed core re-logging, structural mapping, and short-wave infrared analysis aimed at strengthening correlations between lithology and gold mineralization.
With results from the first phase now complete, the company reports multiple mineralized intercepts, confirming gold-bearing structures beyond the established resource areas.
“The Phase 1 drill holes were specifically designed to test the orientation of structural controls on specific faults and estimate offset distances rather than to target mineralization directly,” said Tallman. “The fact that several holes encountered gold mineralization, including a new gold discovery zone in EC25-566, suggests we are on the right path to understanding the geological architecture that originally emplaced the substantial gold endowments within the historic Klondike Gold District.”
Among the 13 holes completed, six returned notable gold mineralization, including broad zones of lower-grade material and narrower high-grade intercepts that together outline structural controls consistent with Klondike’s revised geological model; highlights include:
• 14.5 meters averaging 0.13 grams per metric ton gold from a depth of 171.5 meters in hole EC25-557, and 10.5 meters averaging 0.14 g/t gold from 197 meters.
• Two meters averaging 0.76 g/t gold from 121.5 meters in EC25-561.
• Five meters averaging 0.47 g/t gold from 26 meters in EC25-562.
The strongest result came from hole EC25-554, which cut 64.8 meters averaging 0.25 g/t gold from surface, including 10 meters averaging 1.3 g/t, and from hole EC25-566, which intersected three meters averaging 5.2 g/t gold from 75 meters within a newly identified zone of mineralization.
Results from the orientation drilling will now be used to refine targeting for upcoming drilling in the third phase of Klondike’s 2025 exploration campaign, which will shift focus toward mineralization-focused testing across priority zones.
Building on the refined geological model developed through the second phase, the next stage will focus on areas where major structures meet changes in rock type – places considered favorable for concentrating higher-grade gold – along the Eldorado corridor and within the projected extensions of the Lone Star and Stander deposits.
Assays for one remaining hole are pending as the company continues Phase 2 work and finalizes targets for the next round of drilling.