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Klondike Gold Drills 600 Meter Step Out from Lone Star Deposit and Intersects Broad Interval of Gold Mineralization Extending Lone Star Target Zone to the Southwest

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Executive Summary

Klondike Gold Corp. has announced encouraging exploration results from its 100% owned Klondike District Property near Dawson City, Yukon. The company completed two drill holes designed to test for gold mineralization along strike from the existing Lone Star Zone Mineral Resource Estimate area, representing a significant 600-meter step out from the known deposit.

The drilling program successfully intersected broad intervals of gold mineralization, effectively extending the Lone Star target zone to the southwest. This expansion demonstrates the potential for the mineralized system to extend well beyond the current resource boundaries, suggesting a larger gold system than previously understood.

For Klondike Gold, these results validate the company's systematic exploration approach and highlight the district-scale potential of the property. The successful step-out drilling could lead to resource expansion and demonstrates that the Lone Star system remains open for further growth. This type of exploration success in the historic Klondike region reinforces the area's continued relevance for modern gold exploration.

The results position Klondike Gold to potentially expand its mineral resource base while maintaining a strategic location in one of Canada's most historically significant gold districts. The extension of mineralization over such distances suggests the property may host a more substantial gold system than current estimates reflect.
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