KLDC Intersects 103 m of Continuous Gold Mineralization including 5.66 g/t Au over 18.2 m, 3.30 g/t Au over 18.7 m and 1.78 g/t Au over 23.9 m in First Drill Hole at Mirado

KLDC has announced compelling initial drill results from its Mirado gold project, marking a significant milestone in the property's exploration. The company's first drill hole intersected 103 meters of continuous gold mineralization, demonstrating the scale potential of the gold system. Within this broad mineralized zone, KLDC identified several high-grade intervals including 5.66 g/t Au over 18.2 meters, 3.30 g/t Au over 18.7 meters, and 1.78 g/t Au over 23.9 meters.

The combination of extensive mineralized widths and substantial high-grade zones suggests Mirado could host a robust gold system with dual mining potential. The presence of both bulk-tonnage scale mineralization and high-grade zones provides operational flexibility and enhances the project's economic prospects. These characteristics are particularly valuable in today's gold market, where projects capable of supporting multiple mining scenarios command premium valuations.

These first-hole results establish Mirado as a priority exploration target and validate KLDC's geological model for the property. The continuity of mineralization over such substantial widths indicates strong geological controls and suggests additional drilling could expand the known mineralized envelope. For the broader gold exploration sector, these results demonstrate the continued discovery potential in established gold districts and highlight the importance of systematic exploration programs in unlocking value.