Klondex Mines Releases Preliminary Second Quarter Results

Klondex Mines Ltd. (TSX:KDX,OTCQX:KLNDF) reported preliminary selected operational results for its second quarter ended June 30, 2014. Results included 20,2093 ounces of gold sold in the second quarter, up from 3,369 ounces sold in the first quarter of this year.

As quoted in the press release:

Klondex will release its 2014 second quarter financial and operational results after market close on Tuesday August 12, 2014, and will hold a conference call on Wednesday August 13, 2014, at 10:30 AM EST.

Klondex president and CEO, Paul Huet, said:

As we continued to ramp up our Nevada operations, our team delivered excellent results. Based on our first half operating results, we are on track to meet management’s expectations in 2014. More importantly, we have a stronger balance sheet as cash and working capital increased at the end of 2Q2014, compared to 1Q2014. The recently announced bought deal financing, expected to close by July 31, 2014, will provide for development programs and accelerated exploration at Midas and Fire Creek.

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