{"id":3579,"date":"2013-11-30T16:57:52","date_gmt":"2013-11-30T16:57:52","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=3579"},"modified":"2013-11-30T16:59:09","modified_gmt":"2013-11-30T16:59:09","slug":"klondex-mines-a-must-for-any-portfolio","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=3579","title":{"rendered":"Klondex Mines, a must for any portfolio"},"content":{"rendered":"<p><strong>By Deborah Sterescu<\/strong><br \/>\n<em>Proactive Investors (UK)<\/em><\/p>\n<p>Klondex Mines\u00a0(TSE:KDX) has a &#8220;rare, high grade resource&#8221; at its Fire Creek project in Nevada that it is fast tracking to production, according to a recent research report by PI Financial analyst Philip Ker, who started his coverage of the stock with a buy rating and a price target of $2.65 &#8212; some 70% above the company&#8217;s current trading value.<\/p>\n<p>The Nevada-focused gold developer &#8212; which is undertaking a bulk sampling program targeting the Joyce and Vonnie veins where underground samples have exceeded 20 ounces per ton &#8212; sends 1,000 ton lots at a time to Newmont Mining\u00a0(NYSE:NEM) for processing as a way to monetize its high grades. This year so far, it has reported gold production of 8,000 ounces through August, almost surpassing the expectations for the entire year.<\/p>\n<p>Ker highlights that the deposit has a measured and indicated resource grading 1.3 ounces per ton, with the &#8220;rare high grade and narrow vein structure&#8221; able to provide positive returns under the &#8220;right mining operation and managerial execution&#8221;.<\/p>\n<p><a href=\"http:\/\/www.proactiveinvestors.co.uk\/companies\/news\/63763\/klondex-mines-a-must-have-in-any-mining-portfolio-says-pi-financial--63763.html\" target=\"_blank\"><strong>Continue reading . . .<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Klondex Mines (TSE:KDX) has a &#8220;rare, high grade resource&#8221; at its Fire Creek project in Nevada that it is fast tracking to production.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3579"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3579"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3579\/revisions"}],"predecessor-version":[{"id":3581,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/3579\/revisions\/3581"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}