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KLDC Hits 50.3 m of Continuous Mineralization with 39.35 g/t Au over 16.4 m, including 1,670 g/t Au over 0.38 m in 40 m Step-Out at Mirado; Six Additional Holes Pending

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KLDC Hits 50.3 m of Continuous Mineralization with 39.35 g/t Au over 16.4 m, including 1,670 g/t Au over 0.38 m in 40 m Step-Out at Mirado; Six Additional Holes Pending

Executive Summary

KLDC has announced impressive gold assay results from its Mirado project, marking a significant milestone in the exploration program. The company intersected 50.3 meters of continuous mineralization containing 39.35 grams per tonne gold over 16.4 meters, with an exceptional high-grade zone grading 1,670 grams per tonne gold over 0.38 meters. These results came from hole KLM26-004, which represents a 40-meter step-out from previous drilling.

The geological signature encountered aligns with management's expectations, featuring broad zones of continuous mineralization punctuated by high-grade intercepts. This pattern suggests a robust and potentially large-scale gold system at Mirado. The combination of substantial widths, strong average grades, and exceptional bonanza-grade zones indicates the project may host significant gold resources.

With six additional drill holes pending results, KLDC is positioned to further define the scale and continuity of the Mirado system. The successful step-out drilling demonstrates the potential for resource expansion beyond the initial discovery area. These results should generate increased interest in the project and may support future resource estimation work as the company continues to advance exploration activities.
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Press Release

As we progress into new areas at Mirado, we are seeing the exact geological signatures we had hoped for, broad, continuous mineralization punctuated by high-grade intercepts. KLM26-004 clearly demonstrates the potential of this system. With six additional holes pending, we are eager to see how these results continue to define the scale of this project.

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