- Business
- Klondike Gold Corp. (TSX.V: KG; FRA: LBDP; OTCQB: KDKGF) is a Vancouver-based gold exploration company focused on advancing its 100%-owned Klondike District Gold Project in the historic Klondike Goldfields near Dawson City, Yukon Territory, Canada. The company targets district-scale orogenic gold mineralization along a 55-kilometer corridor of placer gold sources that have produced approximately 20 million ounces since 1896; its core activities encompass acquisition, exploration, and development of mineral properties, including multi-kilometer gold zones at the Lone Star Zone and Stander Zone, with a pit-constrained mineral resource estimate of 469,000 indicated and 112,000 inferred ounces. It also holds a 10% net smelter return production royalty on the Montana Creek placer property, operated by Armstrong Mining Corp., with payments capped at $9.5 million over six years through March 2031.
Founded prior to its public listing and headquartered in Vancouver, British Columbia, Klondike Gold operates exclusively in Canada, with its 729-square-kilometer property accessible by scheduled flights and government roads within the Tr’ondëk Hwëch’in First Nation traditional territory, one of the world's top mining jurisdictions.
In 2025, the company commenced a multi-phase exploration and drilling program in April, completing Phase 1 with 2,354.70 meters across 13 holes targeting extensions of high-grade gold veins outside existing resource areas; it reported significant assay results including 5.20 g/t gold over notable intervals and received $542,282 in production royalty payments from Montana Creek year-to-date. Klondike Gold closed an oversubscribed non-brokered private placement in April raising $1,518,339 (including $185,019 in flow-through funds) to fund ongoing Yukon exploration, general working capital, and drill programs up to 750 meters deep; insider participation included President and CEO Peter Tallman and investor Frank Giustra.