NEVADA Flagship property hosts an NI 43-101 Indicated Mineral Resource of 1.6 million ounces of gold (>10gm/t)

The Property also hosts an Inferred Mineral Reserve of over 500,000 ounces of gold

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Message: Klondex to Review High-Grade Nevada Gold Exploration Program at Resource Show

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Klondex to Review High-Grade Nevada Gold Exploration Program at Resource Show

posted on Jan 07, 10 11:08AM

VANCOUVER (Business Wire) -- Klondex Mines Ltd. (TSX: KDX) will review its 2010 exploration and development program and 2009 drilling results at its high-grade “Fire Creek” gold property in North Central Nevada at the Cambridge House Vancouver Resource Investment Conference, January 17-18, 2010. Klondex will exhibit in booth F600 at the Fairmont Hotel Vancouver and will be represented by William Solloway, President; Robert Sibthorpe, Technical Director; Brendan Donohoe, Treasurer and Director; and Fred Baker, Secretary.

Contact David Collins at 212/835-8500 or kdx@jcir.com to arrange a meeting with Klondex management at the show.

About Klondex Mines:

Klondex Mines Ltd. is a high-grade gold exploration company pursuing a hybrid exploration and underground development business model. Klondex is focused on the development of its high-grade Fire Creek gold deposit in North Central Nevada where it has identified the following NI 43-101 compliant resource:

Fire Creek Project – Indicated and Inferred Resource *
NI 43-101 Dated March 30, 2009
Classification	Metric	Grams Gold Equivalent	Total Ounces
	Tonnes	Per Metric Tonne	Gold Equivalent
Indicated	5,043,033	10.11	1,639,822
Inferred	1,833,423	8.63	508,799
*Fire Creek's gold equivalent resource is approximately 98.3% gold and 1.7% silver and reflects
a cutoff grade of 5 grams per tonne, with 60 units of silver equivalent to one unit of gold.

For more information, please visit http://www.klondexmines.com

Richard Kern (P.Geo), of Reno, Nevada, a qualified person as defined under National Instrument 43-101 and has reviewed and approved the technical information contained in this press release.