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Klondex discovers new mineralized system at Fire Creek gold project

Klondex Mines Ltd.said April 5 that surface drilling discovered a new mineralized system to the eastof its Fire Creekgold project as well as extended mineralization to the south of its gold mine.

Both projects are located in Nevada.

At Fire Creek, three of 13 holes drilled to the east of the currentworkings tested a geophysical anomaly that extended around 4,267 meters in length.Two of the holes successfully intercepted a target, suggesting a major mineralizedstructure could exist.

A follow-up drill program there is scheduled for later this year.

Assays at Fire Creek include 13.9 g/t of gold over 1.0 meterand 106.49 g/t over 0.3 meter. At Midas, drilling returned assays including 321.28g/t over 1.5 meters.