Structural Evolution and

Timing of Orogenic Gold Mineralization

in the Klondike District, Yukon

Whitehorse YT, November 2019

P. Tallman, I. Perry, E. Cayer
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 1
FORWARD LOOKING STATEMENTS
Statements contained in these following slides and accompanying oral presentation contain certain forward-looking statements within the meaning of the United States Private Securities Litigation
Reform Act of 1995 and forward looking information within the meaning of the Securities Act (Ontario) and similar legislation in other jurisdictions. Forward-looking statements can be identified by
the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variation
of such words and phrases or state that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Klondike Gold Corp. (“Klondike Gold”) to be materially different from any
future results, performance or achievements expressed or implied by the forward-looking statements. These forward-looking statements include estimates, forecasts, and statements as to
management’s expectations with respect to, among other things, business and financial prospects, growth potential, the size, quality and timing Klondike Gold’s exploration and possible development
projects, mineral reserves and mineral resources, future trends, plans, strategies, objectives and expectations.

These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially. These statements are based on a number of assumptions, including,
but not limited to, assumptions regarding general business and economic conditions, interest rates, the supply and demand for, inventories of, and the level and volatility of prices of gold, silver, zinc,
lead, or copper, the availability of financing for Klondike Gold’s programs on reasonable terms, the accuracy of Klondike Gold’s resource estimates (including, with respect to size, grade and
recoverability) and the geological, operational and price assumptions on which economic resource models are based, the resolution of environmental permitting and other proceedings, the capacity
to obtain qualified personnel, consultants, and contractors and the future operational financial performance of the company generally. The foregoing list of assumptions is not exhaustive.

Events or circumstances could cause actual results to differ materially. Such events include, among others, unanticipated developments in business and economic conditions in the principal markets
for commodities and/or financial instruments, changes in the supply, demand, and prices for metals and other commodities, the actual results of exploration activities, conclusions of economic
evaluations, uncertainty in the estimation of ore reserves and mineral resources, changes in project parameters as plans continue to be refined, changes in economic and political stability in
jurisdictions where Klondike Gold has business interests, environmental risks and hazards, legal disputes, increased infrastructure and/or operating costs, labour and employment matters, and
government regulation as well as those factors discussed in the section entitled “Risk Factors” in Klondike Gold’s Annual and Quarterly Reports and associated financial statements, Management
Information Circulars and other disclosure documents filed with Canadian securities regulators. Although Klondike Gold has attempted to identify important factors that could cause actual results to
differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual
results and future events could differ materially from those anticipated in such statements. Klondike Gold disclaims any intention or obligation to update or revise any forward-looking statements,
whether as a results of new information, future events or otherwise. Accordingly readers/listeners should not place undue reliance on forward-looking statements.

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 2

KLONDIKE NEIGHBOURHOOD: WORLD CLASS
• TGB is known to host “world-class” gold
Tintina Gold Belt, Alaska and Yukon deposits.

Klondike • Flexure in crustal scale 1st order faults

+2M oz target
(20M oz placer)
create “world-class” deposits by creating
Brewery Creek
the fault network to host them.
Pogo 1.5M oz
7.6M oz Dublin Gulch • Cretaceous age ESE compression creates
4.4M oz
rotation and NE-SW dextral normal
Donlin Golden Saddle
45M oz Coffee 1.5M oz faults: GOLD CONDUITS.
4.1M oz

• Nucleating Cretaceous intrusion-gold,

and Cretaceous orogenic gold.

• Destor-Porcupine, Kalgoorlie etc.

Figure Note: Gold resource endowment is sourced from company disclosures or
government sources, for comparative purposes only.

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 3

KLONDIKE PLACER DISTRICT
Dawson
L4 Klondike Placer District
• Placer gold mined 1896 to
present
Detail Area • ~20 M oz Au recovered
• World Class endowment

Klondike Claims ~600 sq km

Covers the Klondike Placer
0 km 30 District

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 4

FIVE-YEAR SYSTEMATIC GEOSCIENCE
DISTRICT SCALE SURVEYS:
• Mapping / Soils / Magnetics / Radiometrics / VLF-EM / Structural
Mapping / LIDAR / Orthophotography / Historical compilation
LOCAL SCALE SURVEYS:
• Diamond drilling 33,500m / Trenching/Channel sampling / Whole Rock
/ GT-Probe
SYSTEMATIC PROCEDURES:
• Metallic screen assay, ultra-trace analyses, digital field (QGIS) and
digital core (MXDeposit) logging, oriented core drilling

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 5

 WARNING

• Tectonic setting and structural evolution (250 Ma to present):

ONLY THE GOOD BITS

• Mapping evidence for structure and lithology

• Gold mineralization

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 6

D1 TO D3: COMPRESSION 250 Ma to 160 Ma
• Continuing NE directed
compression.

Refolding. Open to closed

recumbent folds.

D3 quartz vein arrays:

“Stander Zone” 5+ km long

Debatable: “orogenic relaxation“

• Peak greenschist metamorphism. vs “sigma3 extension” veins
• Sericite chlorite quartz schists.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 7
 D3: End of Jurassic c. 145 Ma – ANTICLINE
SW to NE Pseudo Cross Section (Leapfrog S3 Foliation Model)

SW NE
Klondike Schist
anticline
Qtz augen schist, Nasina
Sulphur Ck granite Stander Zone (QV Au) Lone Star Zone Assemblage
Loneand
(disseminated Star
QV Au)

Eldorado thrust Nugget

(later reactivated?) Bonanza
thrust

D3 D3 D3
D3
m

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 8

D4: Mid-Cretaceous (?) c.100* Ma
• 70 degree clockwise rotation in
compression direction to ESE.

• D4 ENE-WSW normal (oblique,

dextral) faults

• Reactivation of D3 into D4
dextral strike-slip faults

• D4 INTRODUCTION OF GOLD

• Gold occurs in reactivated D3

AND D4 faults

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 9

 D5: Eocene dykes c. 55 Ma

• Continued rotation 70
degree clockwise) to N-S
compression (E-W
extension)

• N-S normal faults filled

with bimodal dykes.

• Lamprophyre dykes at this

time or earlier (?)

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 10

GLACIAL EXTENTS c. 3 Ma to 22 Ka
All is not significantly changed
▪ Landscape
foliations
from c. 100 Ma to present.

▪ Drainage morphology is preserved

▪ Faults created the Klondike ‘sluice box

riffle’ Creeks and Gulches

▪ Placer gold is locally sourced, particularly

coarse gold.
Lake Yukon

Dud-Rodkin, 1999

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 11

FAULTS CREATE LANDSCAPE: D3 CREEKS
Faults created the Klondike ‘sluice box
riffle’ Creeks and Gulches.

Zones of surface fault ‘weakness’

Bonanza Ck funnels draining water, causes
differential erosion, locating creeks.
Irish

▪ Major NW thrust faults are the

Creeks (D3 / c. 180 Ma)
▪ Secondary NE faults are the
Gulches (D4 / c. 100 Ma)
Gold Zone

Fault
Both fault directions are gold bearing
Major Fault in bedrock.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 12
FAULTS CREATE LANDSCAPE: D3 AND D4
Faults created the Klondike ‘sluice box
riffle’ Creeks and Gulches.

Zones of surface fault ‘weakness’

Bonanza Ck funnels draining water, causes
differential erosion, locating creeks.
Irish

▪ Major NW thrust faults are the

Creeks (D3 / c. 180 Ma)
▪ Secondary NE faults are the
Gulches (D4 / c. 100 Ma)
Gold Zone

Fault
Both fault directions are gold bearing
Major Fault in bedrock.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 13
2018 Radiometrics eU

• D4 NE trending faults (dip

NW) correspond with
Gulches. (BLACK lines)

• D4 mapped with geophysics

• Geophysically traceable as
High Gamma Energy
continuous Gold Zones >5 KM.
Low Gamma Energy
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 14
KLONDIKE GEOLOGY – NW CORNER
All Major structures:
foliations
NASINA
Bonanza Ck 1) Klondike Schist 250 Ma/ Nasina
360 Ma

2) Sulphur Creek granite /

KLONDIKE SCHIST Quartz eye schist /
Klondike Schist (?)

Cretaceous intrusives
Nasina Bonanza / Eldo NW-SE D3
QUARTZ EYE SCHIST All “Gulches” NE-SW D4
“SULPHUR CREEK”
GRANITE 0 km 6

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 15

Mapping: Principal Component Analysis (PC1)
Principal component analysis using
Lithology Type scaled coordinates …

Felsic 28 components (AqR)

“Dimensionality Reduction”

Easily differentiates lithologies

Intermediate
Uses lab standard ‘ultra-trace’
package analyses for
higher precision HFSE
Mafic AqR n = 34,495 Checked against n=175 ‘UBC
standard’ whole rock analyses.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 16
VISUAL vs PC1 CORE LOGGING
Visual Log PC1
AllAnalysis – Lithology Log
Visual Logs foliations
more effective
at
differentiating
structures

Oriented drill
core also
necessary

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 17

 GOLD SIZE FRACTION PER ASSAY RANGE

Assay
% Coarse +150 Mesh (0.106mm)
Range Metallic screen drill core assay data
All Zones Lone
2015 - 2018.
Total Au g/t Stander Gay Gulch
(n=1493) Star
• Gold is “coarse” +150 Mesh
0.25 0.50 68% 66% 68% 72%

0.51 1.0 72% 66% 72% 88%

1.01 5.0 82% 79% 82% 93%

• Prelim GRG metallurgical testing
5.01 10.0 91% 94% 89% 97% at Lone Star Zone: >90% GRG
>10 93% 93% 93% 96%

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 18

 LONE STAR ZONE GOLD
In the schist typically 1mm size gold.
Quartz veins are rarer cf Stander Zone,
so not that much coarse gold here.

Explains why Upper Bonanza gold

is finer. The source is finer ,,,

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 19

STANDER ZONE GOLD: OUTCROP TO PLACER
Outcrop nugget of gold in Upper
Eldorado Creek (below).
Placer nuggets of gold from 1 km
downstream (left)

Upper Eldorado Creek is D4, Stander Zone is D3; nugget

comes from intersection of the two. QV’s host coarse gold

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 20

QUARTZ PARAGENESIS
Cathode
PPL XPL Luminescence

Vein textures are

visually ‘cryptic’

M. Grimshaw, Leeds U 2017 PhD

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 21

CATHODELUMINESCENCE D3 AU QUARTZ VEIN
• Q1 – Large euhedral crystal of quartz
• Q2- Black in CL. Fractures and infills the
majority of the vein. This is subhedral
milky white type
• Q3 – Bright CL which fractures and
brecciates: hydraulic fracture
• Q4 – Bright CL thin x-cutting all: gold-
bearing.

Low lithostatic pressure. Implies near-surface

high-crustal level (the top) of the orogenic
gold veining.
M. Grimshaw, Leeds U 2017 PhD
Potential for kilometers of depth extent.
KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 22
D4: STANDER ZONE GOLD/ELECTRUM
L4 AllVein:
Electrum D4
foliations
1,009 g/t Au with 1,036 g/t Ag over 1.0m

“World class drill hole”.

2nd best hole drilled in the world in August.

3rd best drill hole in Canada in 2019.

(Source: Mining Intelligence / Mining.com)

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 23

 POTENTIAL FOR FURTHER DISCOVERY …
N
Bonanza Creek
All Zones open
and
prospective.
96 g/t Au

39 g/t Au 2.4 g/t Au over 41.2m

Recognition and
mapping of D4
60 g/t Au
44 g/t Au 1766 g/t Au
1,009 g/t Au over 1.0m 1.0 g/t Au over 91.0m
conduits
9.5 g/t Au over 9.0m
55 g/t Au 1.6 g/t Au over 45.2m
30 g/t Au

Fraction of property 1.0 g/t Au over 58.1m

37 g/t Au
expands the
explored. 28 g/t Au
gold discovery
2.2 g/t Au over 24.9m

~10%
60 g/t Au
74 g/t Au potential of the
District.
75.6 g/t Au over 2.8m
Exploration Target Area 58 g/t Au
12 g/t Au
Resource Target Area
24 g/t Au
Potential Resource Area

0 km 2 km

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 24

THANK YOU

2833 – 595 Burrard St.

Vancouver BC, V7X 1J1

www.klondikegoldcorp.com
info@klondikegoldcorp.com
(604) 559 4440

KLONDIKE GOLD CORP. TSXV: KG Frankfurt: LGBF 25