Exploration for economically viable mineral deposits is a high-risk enterprise which holds out the attraction of commensurately high returns when success is achieved. Klondike Gold Corp.'s focus is to start at the high-risk end of the spectrum -- grass roots projects. A successful drill hole, which could subsequently lead to the discovery of an economic deposit, can add extremely high value in relation to the relatively modest amount of capital initially risked.
This involves a process of evaluation and elimination -- first to identify prospects to be acquired, then to apply historically proven exploration methods and modern exploration tools of geochemistry and geophysics. This narrows the selection of properties to be drilled -- the key stage which provides the first significant hint of economic potential.
Klondike Gold Corp.’s portfolio covers mineral exploration for gold, silver, lead and zinc in some of the best known mining areas of Canada. Klondike Gold Corp.’s cost of acquisition for these properties has been relatively inexpensive by getting positioned in the camps when metal prices and exploration activity was low. It is now well positioned to take maximum advantage of improved metal prices and access to exploration capital.