Klondex V.P. Exploration, Ted Wilton, Resigns to Join Uranium Resources as VP and Chief Geologist
Klondex Mines Ltd. (TSX: KDX), a Nevada gold exploration and development
company, today announced that Vice President, Exploration, Dean T. 'Ted?
Wilton, has resigned from Klondex to join Uranium Resources, Inc.
(Nasdaq: URRE) as Vice President and Chief Geologist.
Until a new VP, Exploration is appointed, Klondex′s exploration program
will be directed by Chief Geologist, James Balagna; Senior Underground
Geologist, Steve McMillin; and Consulting Geologist, Richard Kern.
Messrs. Balagna, McMillin and Kern have substantial Nevada gold
exploration experience and have overseen elements of Klondex′s Fire
Creek exploration program since 2007, 2011 and 2004, respectively.
Klondex CEO, Blane Wilson, commented, 'We are sorry to see Ted leave
after a brief tenure at Klondex, but we are confident our Fire Creek
exploration program remains in strong hands. This is a great opportunity
for Ted who is a co-founder, shareholder and former Chief Geologist of
Neutron Energy, a privately-held uranium explorer and developer. Ted′s
move reunites him with Neutron which has agreed to be acquired by
Uranium Resources. We wish him all the best in his new role.?
This news release contains forward-looking statements, including about
current expectations on the timing of project development. These
forward-looking statements entail various risks and uncertainties, are
based on current expectations, are subject to a number of uncertainties
and risks, and actual results may differ materially from those contained
in such statements. These uncertainties and risks include, but are not
limited to, the strength of the global economy; the price of gold;
operational, funding and liquidity risks; the degree to which mineral
resource estimates are reflective of actual mineral resources; the
degree to which factors which would make a mineral deposit commercially
viable are present; the risks and hazards associated with underground
operations. Risks and uncertainties about the Company′s business are
more fully discussed in the Company′s disclosure materials filed with
the securities regulatory authorities in Canada and available at www.sedar.com.
Readers are urged to read these materials. Klondex assumes no obligation
to update any forward-looking statement or to update the reasons why
actual results could differ from such statements unless required by law.
On Behalf of Klondex Mines Ltd.
Blane W. Wilson
President
& CEO
Investor & Media:
Jaffoni & Collins
David
Collins, 212-835-8500
KDX@jcir.com
