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Klondex Mines Ltd
Symbol KDX
Shares Issued 121,448,083
Close 2014-09-08 C$ 1.97
Market Cap C$ 239,252,724
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Klondex Mines names Hall chairman

2014-09-09 06:34 ET - News Release

Mr. Paul Huet reports

KLONDEX APPOINTS RICHARD J. HALL AS CHAIRMAN OF THE BOARD OF DIRECTORS

Klondex Mines Ltd. has appointed Richard J. Hall as chairman of the board of directors.

Paul Huet, Klondex's president and chief executive officer, commented: "It is with great joy that we welcome Ritch as Klondex's chairman. His guidance will be a key asset as Klondex continues its growth towards being a significant gold and silver producer. I would also like to acknowledge Blair Schultz's outstanding contributions as chairman of the company during its transformation into the two-asset operator it is today. We look forward to Blair's ongoing commitment with the executive team to continue the growth and development of Klondex, as executive director."

Mr. Hall is a seasoned mining executive, bringing over 40 years of building leading precious metals companies in the Americas and Australia to Klondex. In addition to consulting to the mining industry, he presently serves on the board of directors for Iamgold Corp. and Kaminak Gold Corp. Previously, he was chairman of Premier Gold Mines, while Mr. Huet was chief operating officer at Premier. Mr. Hall served as chief executive officer of Northgate Minerals Corp. and Metallica Resources Inc., as chairman of Grayd Resource Corp., and as chairman of the special committee for Creston Moly Corp. From 1998 to 2008, as president and chief executive officer of Metallica, he was involved in all aspects of the company's development, including the financing, construction and commissioning of the Cerro San Pedro gold and silver mine in Mexico. While at Metallica, the El Morro deposit was discovered in Chile and was brought through to a final feasibility study in conjunction with Metallica's operating partner on the project, Xstrata. Metallica was part of a $1.6-billion three-way merger with Peak Gold Ltd. into what is now New Gold Inc. Prior to his tenure at Metallica, Mr. Hall has held senior management positions with Dayton Mining Corp. and Pegasus Gold Corp.

Mr. Hall holds a bachelor's and a master's degree in geology, and a master of business administration from Eastern Washington University. He also completed an executive development program at the University of Minnesota. Mr. Hall is also a member of the National Association of Corporate Directors and member of both the audit and investment committees of the Society of Economic Geologists.

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