The share price of Vancouver-based Klondike Gold surged on the TSX-V on Tuesday, after the company reported assay results from nine drill holes testing the Nugget zone along the Nugget Fault on its 576 km2 Klondike property, in Yukon Territory.
Drill testing along 200 m at the Nugget zone intersected gold mineralisation and discovered a new parallel zone of high-grade gold, the exploration company said in an announcement.