Canadian Gold and Base Metal Exploration
TSX-V: KG

Title Holder:
Klondike Gold Corporation
KG Ownership:
100%
Acquisition Method:
Staking
Underlying Royalties:
No
Location:
35 km SE of Dawson City
603200 E 7081760 N, UTM ZONE 7N (NAD 83)
Mineral Targets:
Gold
Dominion

Property Description and Location

The Dominion target area consists of a main block of claims that straddles upper Sulphur creek. The target area is located approximately 35 kilometers southeast of Dawson City, and is accessible by government maintained resource roads.

Property Geology

The Dominion group of claims straddles a north-south trending thrust fault within the late Permian Klondike Schist. Chlorite rich schists and phyllites are dominant in the hanging wall of the thrust, and muscovite-rich quartzites with minor muscovite schist forms the footwall. Slivers of ultramafic rocks occur in the thrust fault planes, thought to be part of the late Paleozoic Slide Mountain terrane. Minor lenses of black graphitic schist are found within the Klondike Schist.

Historical Work Completed

Work on the Dominion claims and area dates to 1896 with the start of placer mining and exploration along the Sulphur Creek and Dominion Creek drainages, which continue to present date. Prospecting in 1900 discovered gold bearing quartz veins. Several phases of exploration between 1900 and 1942 included numerous small exploration shafts and a 2600 foot long adit.

Exploration work resumed in 1980 through 2007 in the form of various short-lived soil sampling and trenching campaigns by successive exploration companies.

In 2016 Klondike Gold drilled 10 holes on the Hunker Dome prospect of the Dominion Property. Drilling targeted individual outcropping gold-mineralized quartz veins over a 900 meter length. Nine of ten holes hit the target quartz veins. Two holes targeted a c.1900 prospecting shaft exposing a 3 meter wide galena-pyrite mineralized quartz vein which has previously yielded gold assays up to 81 g/t Au in prospecting samples (see News Release January 19, 2015). Two holes testing beneath this quartz vein each intersected >3 meters of galena-pyrite mineralized quartz vein. Assays are pending for all Dominion holes.

Of geological significance, several holes at Dominion exhibit extended intervals of fracture veining controlling pervasive alteration. This style of pervasive alteration at Dominion, some 30 km from similar alteration at Violet, validates the company’s exploration model that bulk tonnage targets exist alongside high-grade vein targets within the Company’s extensive land package.

Assays have been received for all 10 holes from reconnaissance drilling the Dominion area (see News Releases July 14, 2016 and August 10, 2016) which in general returned sporadic high gold results similar to the Violet Ridge area. Two holes had interesting results:

  • 15.4 g/t Au over 0.34 meters intersected in DM16-01. This hole drilled under the main historic shaft.
  • 1.7 g/t Au with 162 g/t Ag over 1.5 meters in DM16-08 drilled under a second shaft 450 meters away from the first.
  • Photo Gallery - Dominion

    On Top of the Dome


    Sampling Trenches on Dominion



    Soil Sampling program


    Fresh trenching cut at Dominion Project