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Klondex Mines very confident of hitting full year target with steady run-rate

Last updated: 09:56 14 Jul 2016 EDT, First published: 04:56 14 Jul 2016 EDT

Nevada-focused precious metals miner Klondex Mines Ltd  (TSE:KLDX NASDAQ:KDX)  is on track to meet its production target this year after a record second quarter.
John Seaberg, senior vice president of Investor Relations and Corporate Development, does not sound like he is getting too carried away, though, despite the record quarter.
“We don’t manage our businesses on a quarterly basis,” Seaberg said. “We’re just executing the mine plan.”
The increase in production in the second quarter was partly due to increased mining output – the group averaged around 940 tons per day – but mainly due to an improvement in head grades, especially at Fire Creek.

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