Donald W. Flinn, Vice President, Operations for Klondike
Star Mineral Corporation (OTCBB:KDSM) is pleased to report that a
comprehensive exploration program is being launched on the company's
newest major property in the Klondike, Yukon, Canada. The goal is to
consolidate and ground-truth previous exploration results, advance
knowledge of the mineral resources, and identify future drill targets
on a systematic and expedited basis.
At the headwaters of Dominion Creek, the Dominion Project consists
of 224 claims totaling 45 square kilometers. Klondike Star holds 100%
or majority interest in 168 claims and an exclusive option to purchase
56 claims. Since 1999, a portion of the property was explored by KSL
Exploration (Yukon) Limited, a wholly owned subsidiary of Klondike
Source Limited including drilling, soil sampling, and trenching.
Before that, United Keno Hill Mines Limited, longstanding operator of
gold and silver properties, such as the Elsa and Keno Hill mines,
invested significant effort on the other portion of the property.
Klondike Star's total mineral rights holdings in the Klondike have
grown to 350 square kilometers.
"The Dominion Project adds to Klondike Star's strategic
positioning in one of the world's most productive gold producing
areas, the Klondike in Yukon, Canada. We believe there is exceptional
mineral potential in this property", said Hans Boge, President of
Klondike Star Mineral Corporation.
The 2006 summer exploration program will be headed up by a
separate, dedicated team of geologists with previous experience on the
property. The program will include detailed mapping, extensive chip
sampling, assessment of 65 existing trenches, selective bulk sampling
and processing through the Eldorado test milling plant. A satellite
camp is being installed to support project operations.
About Klondike Star
Klondike Star Mineral Corporation is an established exploration
and development company actively working on seven major properties in
the Yukon Territory, Canada. Klondike Star Mineral Corporation is
developing mineralized zones on a 350 square kilometer land position
underlying the site of the Klondike Gold Rush, and 88 square
kilometers of select high potential targets in other parts of the
Yukon.
The famous Klondike goldfields have been in constant surface
mining production since the discovery of gold in 1896. Thousands of
ounces of gold continue to be produced from placer mining operations
each year on streams in the Klondike. The company owns extensive
subsurface and surface mining rights in the Klondike mining district.
The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results
from new products or actions in development are forward-looking
statements, within the meaning of the Private Securities Litigation
Reform Act of 1995. The statements in this document may also contain
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. Since this information may contain statements that involve
risk and uncertainties and are subject to change at any time, the
company's actual results may differ materially from expected results.
