How Is This Company Increasing Their Gold Production?

Klondex Mines (KLDX) is a Gold and Silver producer, on a path to produce 150 thousand gold equivalent ounces this year, which is approximately sixteen percent increase from last year.

We have two operating mines in Northern Nevada. We have the Midas and we also have the Fire Creek mine which is one of the highest gold grade mines in the world.

The most recent asset we’ve acquired is Rice Lake in southern Manitoba in Canada. We’re in the process of doing the technical work to make a production decision in the second half of 2016.

That would give us our third operation. Within 18 months we could be operating between a hundred and eighty and two hundred thousand ounces. That’s a very quick growth path for our company.

We’re now a mid-tier producer on our way to growing even better achievements.

 

View the longer video here.

 

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