Donald W. Flinn, Vice President, Operations for Klondike
Star Mineral Corporation (OTCBB:KDSM) is pleased to announce assay
results from holes 1 to 3 of an HQ diamond drilling program conducted
in 2006 on the Lone Star Project in the Klondike gold-producing region
of the Yukon. Additional assay results will be released as assays are
received, verified and compiled.
The 2006 diamond drilling program began with 3 holes at the Nugget
zone, which lies on the south side of Eldorado Ridge, 2 kilometers
southwest of the former producing Lone Star mine. Subsequent holes in
the ongoing 2006 drill program have been drilled at the Lone Star zone
and its northwest and eastern extensions. The Nugget zone has not
previously been drilled. Holes 1 to 3 were drilled near a zone
previously identified by trenching and bulk sampling. Highlights from
these holes, tabulated below, include 98.7 g/t gold over 0.90m, in
hole 06NZ-02. True widths of the mineralized horizons have yet to be
determined. All three holes intersected narrow zones of moderate to
high grade within broader low grade intervals.
Gold on the property is present as coarse free gold, with pyrite
in disseminations, and locally is associated with narrow discordant
quartz veins. The mineralized zones are associated with
quartz-carbonate-pyrite alteration, and are hosted by felsic
metavolcanic schist.
-0-
*T
Assay Table From To Interval GOLD
-----------------------------------
HOLE No. Azimuth DIP meters meters meters grams/tonne
----------------------------------------------------------------------
06NZ01 -- -90 6.00 7.00 1.00 1.42
----------------------------------------------------------------------
and 32.25 45.50 13.25 0.14
----------------------------------------------------------------------
and 89.00 95.00 6.00 1.31
----------------------------------------------------------------------
including 90.50 91.25 0.75 4.54
----------------------------------------------------------------------
06NZ02 65 -50 28.90 32.15 3.25 27.50
----------------------------------------------------------------------
including 28.90 29.80 0.90 98.68
----------------------------------------------------------------------
and 37.65 40.65 3.00 0.28
----------------------------------------------------------------------
and 55.00 63.50 8.50 0.34
----------------------------------------------------------------------
06NZ03 65 -50 23.60 28.50 4.90 5.89
----------------------------------------------------------------------
including 25.60 26.50 0.90 30.15
----------------------------------------------------------------------
*T
HQ size drill core is delivered to the core shack by the drill
contractor where the geological staff photographs and logs the core
for geological and geotechnical details. The core is then sawn in half
lengthwise using a diamond saw, with half core retained for future
examination. The half core samples are sealed and shipped via surface
freight to Acme Analytical Laboratories Ltd. of Vancouver, B.C., an
ISO 9001:2000 accredited facility, where the core is dried, crushed
and analyzed for gold by metallic sieve fire assay.
About Klondike Star
Klondike Star Mineral Corporation is an established exploration
and development company actively working on eight major properties,
totalling 463 square kilometers (179 square miles) in the Yukon
Canada. The company is developing extensive surface and subsurface
mineralized zones on a 370 square kilometer (143 square miles) land
position underlying the site of the Klondike gold producing region in
the Dawson mining district. These holdings include, but are not
limited to properties known as the Lone Star Project and the Indian
River Placer Project, both advanced stage exploration. Additionally,
Klondike Star holds interests in 93 square kilometers (36 square
miles) of select high potential targets for gold, base and precious
metals in the Watson Lake and Whitehorse mining districts of the
Yukon.
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.