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Klondex Mines Ltd
Symbol KDX
Shares Issued 79,246,291
Close 2014-01-13 C$ 1.74
Market Cap C$ 137,888,546
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Klondex Mines hires Marma as chief geologist

2014-01-14 07:04 ET - News Release

Mr. Paul Huet reports

KLONDEX MINES CONTINUES TO STRENGTHEN NEVADA OPERATIONS TEAM; KLONDEX TO EXHIBIT AND PRESENT AT THE VANCOUVER RESOURCE SHOW

Klondex Mines Ltd. has made additions to the Klondex team. John Marma joins as chief geologist and Lee Morrison joins as safety supervisor. In addition, Klondex will be exhibiting (booth No. 1507) at the Cambridge House Vancouver Resource Investment Conference on Jan. 19 to 20, 2014, at the Vancouver Convention Centre -- West and presenting on Sunday, Jan. 19, at 1:30 p.m. PST.

John Marma, MSc, adds 17 years of experience to the KDX team. His role as chief geologist will be to lead and mentor the geology team in production and exploration. Mr. Marma joins from Newmont Mining Corp. where he has held increasingly senior positions for the past 10 years. From 2004 to 2011, as part of both the Midas production and exploration geology teams, he developed successful infill and exploration drill programs. In 2011, he was transferred to Newmont's Long Canyon, as senior geologist. Mr. Marma has focused his career around the exploration, development and production of underground narrow vein systems; specifically, epithermal, bonanza-style vein systems. He also has experience working in Carlin-type deposits. Among Mr. Marma's accomplishments, he is credited with leading the Midas geology team in the discovery of the eastern veins at Midas and writing two publications detailing the geological controls and evolution of epithermal gold-silver veins within the northern Nevada rift, specifically related to the Midas mine. Mr. Marma earned his master of geology at the University of Wisconsin-Madison.

Mr. Morrison brings to Klondex Mines over 35 years of management experience in the safety, security and human resource areas. Mr. Morrison has spent many years working at numerous mines in northern Nevada being promoted several times within the safety and human resources disciplines, including Florida and Relief Canyon, Hycroft, Mineral Ridge, and Pinson. Mr. Morrison worked at the Midas mine from 1999 to 2007 and most recently at the Hollister mine.

Paul Huet, Klondex president and chief executive officer, stated: "We welcome John and Lee, experts in narrow vein underground gold mines, to the Klondex team. As we look to complete the acquisition of the Midas mine and mill in February, a strong operations team is critical to our successes in Nevada."

Mr. Marma will present in workshop No. 3 at the Vancouver Resource Investment Conference on Sunday, Jan. 19, at 1:30 p.m. Mr. Marma will review the recent acquisition from Newmont Mining of the Midas mine and milling facility, progress at Klondex's Fire Creek gold project also in Nevada, as well as review the company's plans and goals for 2014.

Representing Klondex will be Mike Doolin, general manager, John Marma, chief geologist, and Alison Tullis, manager, investor relations.

We seek Safe Harbor.

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