Canadian Gold and Base Metal Exploration

Klondike Gold Announces Increase in Previously Announced Private Placement

Vancouver, British Columbia, Canada, March 22, 2017, Klondike Gold Corp. (TSX.V:KG; FRA: LBDP) (“Klondike Gold” or the “Company”) announces that further to the Company’s news release on March 17, 2017, it has increased its previously announced non brokered private placement to raise $2,000,000 of flow-through funds (the “Private Placement”). The Private Placement has been fully allocated and remains subject to the approval of the TSX Venture Exchange.