{"id":142548,"date":"2026-07-24T16:44:22","date_gmt":"2026-07-24T16:44:22","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/142548\/"},"modified":"2026-07-24T16:44:22","modified_gmt":"2026-07-24T16:44:22","slug":"klondike-gold-completes-7697m-drilling-at-lone-star","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/142548\/","title":{"rendered":"Klondike Gold completes 7,697m drilling at Lone Star"},"content":{"rendered":"<p><a href=\"https:\/\/www.klondikegoldcorp.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Klondike Gold<\/a> (TSX-V:KG) has completed phase one of its 2026 diamond drilling program at the Lone Star Zone and received additional gold royalty receipts from placer mining operations.<\/p>\n<p>The company drilled 7,697m across 34 holes during the phase one program. The program is testing extensions beyond the existing 1.2km-long Lone Star resource area across 2km of projected strike.<\/p>\n<p>Assay results remain pending and are expected to inform a planned update to the 2022 mineral resource estimate (MRE).<\/p>\n<p>CEO Peter Tallman says completion of the first drilling phase supports the planned resource expansion.<\/p>\n<p>\u201cResults from more than 26,800m of drilling completed since the 2022 Lone Star MRE, together with assays pending from this year\u2019s 34-hole program, are expected to provide an important foundation for the planned 2027 MRE,\u201d Tallman says.<\/p>\n<p>Klondike Gold has received 176.1oz of placer flake gold from Armstrong Mining under a lease-to-purchase agreement for the Montana Creek placer property.<\/p>\n<p>Under the agreement announced in March 2025, Armstrong delivers 10% of recovered placer gold to Klondike as royalty payments.<\/p>\n<p>KG plans to complete up to 20,000m of hyperspectral drill core scanning beginning in August to generate quantitative alteration mapping for improved targeting.<\/p>\n<p>A second phase of up to 8,000m of diamond drilling is planned for September, subject to receipt and interpretation of phase one assay results.<\/p>\n<p>An updated MRE incorporating drilling completed between 2022 and 2026 is targeted for H1 2027.<\/p>\n<p>The Klondike District Project comprises a 727km2 land package covering the historic Klondike goldfields placer district in Yukon, Canada.<\/p>\n<p><a href=\"https:\/\/mining.com.au\/?s=Klondike+Gold\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Klondike Gold<\/a> is a Vancouver-based explorer advancing a district-scale orogenic <a href=\"https:\/\/mining.com.au\/golds-quarter-from-safe-haven-to-new-discoveries\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">gold<\/a> system across its 100%-owned Klondike District project in Canada\u2019s Yukon Territory.<\/p>\n<p>Write to <a href=\"https:\/\/mining.com.au\/klondike-gold-completes-7697m-drilling-at-lone-star\/mailto:jc.villarba@mining.com.au\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">JC Villarba<\/a> at <a href=\"https:\/\/mining.com.au\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Mining.com.au<\/a><\/p>\n<p>Images: Klondike Gold<\/p>\n<p>Add to Watch List:Gold<\/p>\n","protected":false},"excerpt":{"rendered":"Klondike Gold (TSX-V:KG) has completed phase one of its 2026 diamond drilling program at the Lone Star Zone&hellip;\n","protected":false},"author":2,"featured_media":142549,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[46822,17,11191,1632,33842,41255,248],"class_list":["post-142548","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-assay-results","tag-canada","tag-drilling","tag-gold","tag-mineral-resource-estimate","tag-resource-expansion","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/142548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=142548"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/142548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/142549"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=142548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=142548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=142548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}