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Message: Klondike Silver BLOG

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Klondike Silver BLOG

posted on Nov 05, 09 11:59AM

(KS:TSX-V)

Reviving the Gowganda and Elk Lake silver camps in Ontario, and the world-famous Klondike district of Yukon Territory. The Company owns a 100 TPD fully operational flotation mill in Sandon, BC, which is currently processing material from one of its Yukon properties and local mines in the historic Slocan Silver Camp.

Klondike Silver is a member of the Hughes Exploration Group of Companies.

The Company Plans Follow-Up Program on Drill Intersection of 2393 g/t Silver Over 0.41 Meters in Gowganda, Ontario

Highlights Include:

- Previous klondike silver drill hole hcl-0701 intersected 2,393 g/t ag, 0.31% co, 0.46% cu and 0.17% ni over 0.41 meters from 99.97 to 100.38 meters

- Drill targets defined from using airborne vtem survey, follow up drilling currently being planned

- Drill intersection represents a significant discovery in the gowganda elk lake silver camp

- Recent assessment work highlights high-grade potential

- The Gowganda area was the second largest silver producer in Ontario after the Cobalt area, having produced 60,186,782 oz Ag up until 1969.

Click on link below to read entire press release:

Nov. 5, 2009 - Klondike Silver Corp Plans Follow-Up Program on Drill Intersection of 2393 g/t Silver Over 0.41 Meters in Gowganda, Ontario

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