Klondike Gold Corp. reported prospecting rock sample results from the Stander Zone targeting of orogenic gold (Au) mineralization at the Company's 100% owned Klondike District Property (the "Property") in the Dawson mining district, Yukon, Canada. Field work began in early May 2024 with the objective to locate outcropping high-grade gold-bearing quartz veining on the Eldorado Creek slope projected to surface from four 2023 high grade gold-bearing drill intersections at the Stander Zone including 90.55 g/t Au (2.91 oz/t Au) over 0.55 meters among others (see news release of January 15, 2024).

Prospecting and hand trenching yielded quartz veining with visible gold in three areas spanning 150 meters distance along the surface projection of Stander Zone mineralization. Eleven prospecting samples were collected in total. The three best samples assayed 41.2 g/t Au (1.36 opt Au), 30.3 g/t Au (1.17 opt Au), and 24.9 g/t Au (0.77 opt Au) along strike from southeast to northwest respectively from each of the three areas.

Visible gold was identified at each area. In total, five of eleven prospecting samples contain visible gold and all samples assayed gold between 0.24 g/t Au to 41.2 g/t Au. The lowest assay of 0.24 g/t Au was from a quartz rock sample with a visible gold grain; the gold grain presumably did not make it into the assay sub-sample.

These prospecting results are significant for potentially demonstrating continuity of high-grade (~1 opt Au) gold mineralization from 2023 discovery drill intercepts upward to surface exposures. The Company's recently concluded 2,750 meter Phase 1 drill program tested the Stander Zone in this area, as well as testing along-strike for similar mineralization. Phase 2 drilling of ~2,500 meters has commenced.

This phase tests the potential for high grade near surface and southeasterly striking gold veining at Stander Zone and also include tests for additional mineralization at the nearby Gay Gulch gold showing area. The Company has contracted MSALABS to provide gold analyses by ?PhotonAssay' for 2024. All Phase 1 drill core samples have been submitted for analysis.

Drill assay results are pending and anticipated to be available in the coming weeks, a significant positive change in timing from previous years.