EDITOR: | February 25th, 2019

Drilling in arguably the “last and best” underexplored zinc-silver-lead camp in Canada

| February 25, 2019 | No Comments
image_pdfimage_print

For over 4,000 years silver has been regarded as a form of money. Today’s best example of this would be pound sterling in the UK, where the pound note historically was equal to a pound of sterling silver.

The Slocan Mining District, British Columbia, Canada

The Slocan Mining District has produced more than 24 million ounces of silver since the first discoveries in the late 1800s. Some say Slocan is the last and best underexplored zinc-silver-lead camp in Canada, despite all the historical mines. Located in mining friendly British Columbia, Canada, the Slocan Silver Camp is near main population centers.

Klondike Silver Corp. (TSXV: KS) owns a massive land package covering 100 square kilometres located in the middle of the Slocan Mining Camp district. In the past this land package saw little modern exploration because of the previous fragmented ownership of the claims. Klondike Silver controls 68 of the past-producing mines in the Slocan Mining Camp. The main producing mines in the package are the Silvana Mine, Wonderful, and Hinckley Mines. The Company also owns the Sandon Mill – A 100-tonne-per-day permitted flotation mill in historic Sandon.

The Sandon Mill

Klondike Silver plan to re-condition the mill and tailings management facility for processing mineralized feed in 2019.

The Sandon Mill

The Histotic Silvana Mine

The Silvana Mine was the largest producer of the 68 historical producers in the Klondike Silver land package: Over 500,000 tons of rock was processed yielding 7,812,077 oz silver, 63,253,498 pounds lead and 57,981,253 pounds zinc. The average Silvana production grade was 13.87 oz/ton silver, 5.62% lead and 5.15% zinc.

Drilling is ongoing – Results pending

On January 18, 2019 Klondike Silver announced: “Klondike Silver has today commenced drilling its Zinc Silver Lead Project in South Eastern British Columbia.”

On February 20, 2019 Klondike Silver announced: “Drill hole #1 intersected the main load structure from 43.45 m (142.54 ft) to the end of the hole at 61.87 m (203 ft), for +18.42 m (+60.46 ft) of intersection. Klondike Silver has now commenced drilling hole number 2.”

In 2019 Klondike Silver intends to further explore and drill the under-explored section of the “Main Lode”, referred to as the “Silver Mile”. The “Main Lode” is the most productive silver-lead-zinc vein in the Slocan Mining Camp.

Klondike Silver’s 100km2 of land in the historic lead-silver-zinc Slocan Mining Camp in British Columbia.

Klondike Silver’s 100km2 of land in the historic lead-silver-zinc Slocan Mining Camp in British Columbia

Klondike Silver Corp. also announced they will be participating in  the Prospectors and Developers Association of Canada Conference (PDAC) on Sunday March 3, 2019 to Wednesday March 6, 2019, at the Metro Toronto Convention Center, 255 Front St, Toronto. Klondike Silver CEO Tom Kennedy and Professional Engineer Dave Makepeace will be in attendance if you have any questions about the project.

Klondike Silver is committed to moving the project forward and increasing shareholder value. British Columbia is an important mining province in Canada, being the country’s largest producer of coal, copper and molybdenum. Other important metals and minerals include gold, silver, zinc, and lead. The Company’s advisory team has a proven track record of mineral exploration, discovery, and mine development in North America.


Matthew Bohlsen

Editor:

Matthew Bohlsen holds a Graduate Diploma in Applied Finance and Investment (similar to CFA), and a Graduate Diploma in Financial Planning. He has 30 years ... <Read more about Matthew Bohlsen>


Copyright © 2019 InvestorIntel Corp. All rights reserved. More & Disclaimer »


Leave a Reply

Your email address will not be published. Required fields are marked *