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First Stump Delivery Arrives on Schedule
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Klondike Silver Corp. (TSX-V: KS) is pleased to announce the arrival of
the first delivery of lead-zinc-silver material from its Stump Property
in the Yukon to its wholly owned milling complex located in Sandon,
B.C. Approximately 2500 to 3000 tons of material from the Stump will
be delivered and processed over the next three months.
Four bulk samples, collectively comprising approximately 80 tons of
galena-rich material, were extracted from the Stump in 2007 and
returned values as high as 42% Pb and 47 oz/ton Ag (head grades
reported from the mill are listed on Table I). The concentrate is
currently stored at the Sandon mill.
Table 1: Head Grades for Stump Bulk Sample
Klondike Silver recently entered into an agreement with a smelter (see
news release dated July 14, 2008) to process the concentrate once the
entire shipment has been milled.
The Stump property is wholly owned by Klondike Silver, subject to a net
smelter return royalty. It is road accessible and hosts silver-lead
veins that are part of a large mineral camp which includes the former
Ketza gold mine, 5 km to the west.
Klondike Silver Corp. has assembled a quality portfolio of silver and
silver-rich poly-metallic properties in historic mineral districts of
North America, and is applying advanced exploration technologies to add
value to these core assets.
Klondike Silver is a member of the Hughes Exploration Group of
Companies and is led by a team with a stellar track record of discovery
and development in Canada.
CONTACT INFORMATION
Corporate Inquiries: Kevin Hull or Alan Campbell
(604)-685-2222
Email: info@klondikesilver.com
Or visit Klondike Silver's web-site: www.klondikesilver.com to see
Smartstox interviews with our Company President.
AGORACOM Investor Relations
Email: KS@agoracom.com
Website: http://www.agoracom.com/ir/KlondikeSilver
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Copyright (c) 2008 KLONDIKE SILVER CORP. (KS) All rights reserved.
For more information visit our website at
http://www.klondikesilver.com/ or send mailto:info@klondikesilver.com
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