Klondike Gold Corp. announced field results from ongoing 2023 work as well as gold assay results from twenty-four (24) diamond drill holes from the Company's 2022 exploration program at the Stander Deposit located on the Company's Klondike District Property in the Dawson mining district, Yukon, Canada. In 2022 the Company completed twenty-four (24) diamond drill holes (EC22-447 to EC22-464; EC22-480 to EC22-485) at the Stander Zone.

The Initial Mineral Resource Estimate("MRE") at the Stander Deposits does not include holes reported here. The "NI 43-101 Technical Report for the Klondike District Gold Project, Yukon Territory, Canada", with an effective date of Nov. 10, 2022 is dated and filed on SEDAR on December 16, 2023).

Assay highlight results from twenty-four (24) Stander Zone drill holes: 24.85 meters ("m") of 0.42 g/t Au from 17.8 m in EC22-453 6.00 meters ("m") of 2.20 g/t Au from 7.0 m in EC22-455 20.0 meters ("m") of 1.02 g/t Au from 48.0 m in EC22-459 49.06 meters ("m") of 1.21 g/t Au from 7.97 m in EC22-481 15.15 meters ("m") of 1.27 g/t Au from 7.60 m in EC22-482 Visible gold noted in EC22-448 (1 grain), EC22-459 (1 grain), EC22-460 (1 grain), EC22-481 (3 grains), and EC22-482 (2 grains). In 2023 the Company interpreted a fault system that transects both Stander Deposit Pit Constrained MRE areas. Fault splay intersections coincide with structural flexures and these areas are spatially associated with higher gold grades within the MRE.

Field work results in 2023 on the basis of this interpretation so far have yielded positive initial results in several areas of the Property. The Stander Zone gold deposits are contained within schists and felsic rocks considered to be an island arc related assemblage of the Klondike Schist. Orogenic gold mineralization is associated with low angle sheeted gold bearing quartz veins.

Drill holes EC22-447 to EC22-464 are drilled in the usual 220 azimuth orthogonal to the (primary) orientation of sheeted gold-bearing veins within the Stander Deposit southeast model Pit Shell. Drill holes EC22-480 to EC22-485 are drilled at 290 azimuth orthogonal to a potential secondary orientation of sheeted gold-bearing veins and fractures within the Stander Deposit northwest model Pit Shell.