Discovered Southwest And Northwest Exploration Step-Outs To Stander Zone Mineralization

VANCOUVER - Klondike Gold Corp. reported seven drill hole results which tested for southwest and northwest extensions of gold mineralization at the Stander Zone. The seven holes were planned as part of a discovery drill program adjacent to the Stander Zone Mineral Resource Estimate (MRE) 1 within the 727 km 2 Klondike District Property in the Dawson mining district, Yukon, Canada. New high grade gold-bearing quartz vein zones discovered adjacent the Stander Zone to the southwest and northwest demonstrate significant exploration potential in these directions to further expand the Stander Zone MRE area.

EC24-526 intersects stacked gold zones including 1.54 g/t Au over 27.0m, 0.66 g/t Au over 5.50m, and 1.38 g/t Au over 7.0m within 130 meters of surface, 100 meters southwest of the Stander Zone MRE area. EC24-552 encounters 0.79 g/t Au over 6.0m within 20 meters of surface, 200 meters southwest of the Stander Zone MRE area. EC24-527, a 400 meter exploration step-out to the northwest, intersects 0.38 g/t Au over 11.50m within 50m from surface.

This successful exploration phase intersects near surface gold mineralization prospectively expanding the Stander Zone length 400 meters northwest and width 200 meters southwest. Additional drill results are pending.

Peter Tallman, President & CEO, said, "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%. We expect these results will expand our existing resources as well add two new adjacent discoveries for near term growth. All this is results from our team's successful structural mapping of gold controlling orogenic faults thereby rewriting the geology of the Klondike."