Klondex Mines is engaged in the business of owning, acquiring, exploiting, exploring, developing and evaluating mineral properties, and either joint venturing or developing these properties further or disposing of them when the evaluation is completed. Co. has interests in properties all located in the State of Nevada, the United States. The recoverability of amounts shown as mineral properties and deferred exploration costs is dependent upon the existence of economically recoverable reserves, the ability of Co. to obtain necessary financing to complete their development, and future profitable production or disposition thereof.
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