Recent assays add to mineralized zone; doubled strike with 50% more width.

Klondike Gold Corp. Nov. 5 announced the results from the next seven holes from its 2024 drill program at the Stander Zone on its Klondike District property in Yukon, with step-out drilling revealing further high-grade mineralization and extending known gold zones to the southwest and northwest.

The 2024 exploration season began in late April, building on discoveries from 2023 that highlighted the presence of significant gold mineralization at Stander.

The first phase of drilling at Stander comprised 19 holes totaling 2,750 meters, targeting down-dip and along-strike extensions of the current resource boundary. Results from the first phase revealed several high-grade intercepts; highlights include:

• Four meters averaging 21.5 g/t gold from a depth of 96.5 meters, including one meter averaging 76.07 g/t gold from 99.5 meters in hole EC24-534.

• One meter averaging 39.52 g/t gold from 102.5 meters in EC24-523.

• Nine meters averaging 4.84 g/t gold from 118 meters, including 0.5 meters averaging 35.44 g/t gold from 124 meters in EC24-541.

• 2.5 meters averaging 6.51 g/t gold from 80.5 meters, including one meter averaging 11.79 g/t gold from 82 meters in EC24-539.

• Six meters averaging 1.46 g/t gold from 7.5 meters in EC24-524.

The latest assays come from seven new drill holes from the second phase of drilling that tested for southwest and northwest extensions of the Stander Zone. These step-out holes, positioned outside the existing resource boundary, revealed multiple high-grade gold intercepts along strike and across strike. Highlights from this latest batch of results include:

• 27 meters averaging 1.54 g/t gold from a depth of 105 meters, including 1.5 meters of 10.34 g/t gold in hole EC24-526 (Stander Southeast).

• Six meters averaging 0.79 g/t gold from 14 meters in hole EC24-552 (Stander Southeast).

• 11.5 meters averaging 0.38 g/t gold from surface in EC24-527 (Stander Northeast).

"This year's drilling at Stander Zone including today's results have potentially doubled the gold-mineralized strike length and increased the width by 50%," said Klondike Gold President and CEO Peter Tallman. "We expect these results will expand our existing resources as well add two new adjacent discoveries for near term growth."

The seven drill holes tested both the southwest and northwest extensions of the Stander Zone, with holes 526 and 552 in the southwest successfully extending mineralization up to 200 meters beyond the current resource boundary.

On the northeast side, hole 527 intersected mineralized zones 400 meters from the existing resource area, suggesting significant potential for further expansion along strike in that direction.

These findings indicate an expanded footprint for Stander, increasing both the width and length of mineralization in this area and signaling promising near-term growth potential.

"All this is results from our team's successful structural mapping of gold controlling orogenic faults thereby rewriting the geology of the Klondike," added Tallman. "Today's results continue to indicate the significant potential economic value to our shareholders of the company's 727-square-kilometre Klondike District property."

Building on these successful extensions, Klondike's upcoming plans include additional drilling to further define the new zones at both southwest and northwest step-out areas.

The company expects that this expanded data set will sharpen its understanding of the mineralized structures at Stander and support the development of future drill programs aimed at resource growth.

With all assays from the first phase already received, results from 10 additional drill holes from the second phase remain pending.