Klondike Silver Corp. (TSX-v symbol: KS) (Klondike) is pleased to announce that it has acquired an additional six past producing silver-lead-zinc mine sites in the Silver Slocan Mining District of southeastern British Columbia. Seven tenures were acquired representing 1,226 hectares holding several strong exploration targets. In addition to owning the fully permitted Sandon Mining Complex, Klondike now holds a total of 16,544 hectares in the region controlling a majority of the historically productive camp.
As recorded in the BC Geological Survey MINFILE reports, the total combined recoveries from the newly acquired past producing mines are as follows; 1,655,809 ounces of Silver, 10,485,781 pounds of Lead, and 177,666,955 pounds of Zinc. (Refer to MINFILE Numbers 082FNW086, 082KSW023, 082FNW023, 082KSW016, 082FNW079, 082FNW022).
The newly acquired “Cliff” claims have been explored and intermittently mined since the early 1900’s up until the last reported work in 1983. Based on the reported MINFILE information, the calculated recovery of Silver, and recovered pounds of Lead, and Zinc from the individual claims, have been presented in the table below. It is important to observe that the recorded data reflects the total recovery after milling. Percentage recovery of the metals was not reported so it is not known what was lost in the historical milling process.
Table 1. Recoveries of Silver, Lead, and Zinc after Milling
|Claim MINFILE #||Milled Tons||Silver (oz/t)||Lead (Pounds)||Zinc (Pounds)|