Donald W. Flinn, P.Eng., Vice-President, Operations for Klondike
Star Mineral Corporation (OTCBB:KDSM) is pleased to announce the
results from the first 6 holes drilled at the Lone Star zone of the
Lone Star Project this summer. Holes 06LS-04 to 06LS-09 were drilled
to the north of the previously defined zone, near the historic Boulder
Lode pit. Each hole intersected broad zones of consistently
mineralized low grade material containing narrower intervals at higher
grade (see following Table).
These six holes were drilled in pairs spaced 50 meters or 164 feet
apart, with HQ holes angled at -60 and -80 degrees to provide detailed
structural information. The holes were stepped out at least 60 meters
to the north from the collars of drill holes completed in 2005 and
prior. The zone appears to broaden to at least 100 meters wide in this
area, from a maximum width of about 80 meters where the zone has been
delineated further west. The zone also appears to remain open to the
north and east. The ongoing drill program subsequently stepped out
further to the north and east with 4 more holes, and then jumped to
the northwest to test for extensions in the O'Neil gulch area.
Drilling is expected to continue through October.
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
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ASSAY TABLE From To Interval GOLD
--------------------------
HOLE No. Azimuth DIP metres metres metres grams/tonne
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06LS04 200 -80 37.00 47.00 10.00 0.14
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and 60.00 92.00 32.00 0.40
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including 81.00 82.00 1.00 6.61
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06LS05 200 -60 7.00 13.00 6.00 0.62
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including 9.00 11.50 2.50 1.25
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and 78.00 85.00 7.00 0.32
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including 78.00 79.00 1.00 1.12
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06LS06 200 -80 12.00 123.00 111.00 0.27
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including 18.00 32.00 14.00 0.52
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including 28.00 29.00 1.00 3.09
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including 41.00 95.80 54.80 0.36
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including 50.15 50.65 0.50 7.50
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06LS07 200 -60 12.00 128.00 116.00 0.27
----------------------------------------------------------------------
including 12.00 41.00 29.00 0.75
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including 12.00 14.00 2.00 2.07
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including 28.00 30.10 2.10 4.03
----------------------------------------------------------------------
including 40.00 41.00 1.00 4.52
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06LS08 200 -80 7.00 110.90 103.90 0.29
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including 24.70 25.70 1.00 1.40
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including 52.20 52.70 0.50 2.83
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including 58.00 60.00 2.00 1.43
----------------------------------------------------------------------
including 107.00 109.00 2.00 3.40
----------------------------------------------------------------------
06LS09 200 -60 11.00 122.50 111.50 0.20
----------------------------------------------------------------------
including 33.10 34.00 0.90 2.61
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including 42.00 43.00 1.00 1.28
----------------------------------------------------------------------
including 86.00 87.00 1.00 2.71
----------------------------------------------------------------------
including 93.40 94.50 1.10 2.06
----------------------------------------------------------------------
including 120.00 121.00 1.00 1.53
----------------------------------------------------------------------
*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.
