Klondike Silver Corp is a junior metal mining and exploration company that is headquartered in Vancouver, Canada.
The silver exploration company is a publicly listed firm trading on the TSX Venture Exchange (TSXV). The common stocks are traded under the ticker symbol of ‘KS’.
The British Columbia-based mining company also trades its common stocks on the over the counter (OTC) market under the trading symbol of ‘KLSVF’.
Klondike Silver Corp operates Silvana & Silver Mile project, which is situated at the Slocan Mining Districts in the south-eastern edge of British Columbia. The project consists of silver (Ag), zinc (Zn)and lead (pb) deposits.
Silvana and Silver Mile hosts several lead, silver, and zinc (Ag-Pb-Zn) veins, and certain replacement deposits. The company owns 100 per cent stake of the Sandon Mining Complex and other associated properties with mineral claims covering a total area of 116 square kilometers in western Canada.
Various past producing mines within the property includes Silvana, Silversmith, Violamac, Payne, Rambler, Van Roi, Ruth-Hope, Hewitt, Queen Bess, Reco, Richmond-Eureka, Ivanhoe, Wonderful, Montor and Sunset Trade.
The mining firm says that the mine since its discovery had produced more than 40 million ounces of silver (Ag).
The company also owns and operates Sandon Mill, which is located at the project site and reportedly has a capacity of approximately 90.7 metric tons of concentrates.
The mill consists of a crusher and grinder driven by the British Columbia Hydro power grid that produces zinc and lead concentrates.
In addition, a licensed tailings management facility, located 1.5 hours away, processes the waste from the mill, the mining firm claims.
The company claims to have revamped the 4,625 cross-cut and western lateral drift and is currently focused on numerous diamond drill programs, phase II of drifting, evaluation of mineral structure and reconditioning of mill and tailings management facility.
Klondike Silver Corp’s says that its exploration and development operations are geographically focused in British Columbia as it is a mining friendly area.