VANCOUVER, British Columbia (Business Wire) -- Klondex Mines Ltd. (TSX: KDX) today announced that John Arthur Pollock, 77, has resigned from the Board of Directors in order to devote full time to his role as President and CEO of Newstrike Resources Ltd. Klondex thanks Mr. Pollock for his time and contribution as a director over the past four and half years and wishes him well in all his future endeavours. Klondex's Board now has four members.

Additionally, Klondex reported that it has received proceeds to date of approximately $2.0 million from the exercise of warrants since June 30, 2009. Reflecting the issuance of shares pursuant to warrant exercises, as of September 15, 2009 Klondex had 30,934,089 shares issued and outstanding and 34,919,089 shares on a fully diluted basis. The Company's cash and working capital positions as of September 15, 2009 were approximately $4.9 million and $4.4 million, respectively.

Klondex also reported that it has amended and extended its option to purchase eight parcels of land - totaling 290 acres - which form part of its 10,708 acre Fire Creek property in North Central Nevada, a further eighteen months until December 17, 2011.

About Klondex Mines:

Klondex Mines Ltd. is a gold exploration company focused on the development and expansion of its 100%-owned, high-grade Fire Creek deposit in North Central Nevada. For more information, please visit www.klondexmines.com.

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