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Klondex Provides Mineral Reserve and Project Updates at True North; Total Mineral Reserves Increased by ~25% to ~148k Au oz

VANCOUVER, BC–(Marketwired – May 12, 2017) – Klondex Mines Ltd. (TSX: KDX) (NYSE MKT: KLDX) (“Klondex” or the “Company”) is pleased to provide an updated Mineral Reserve estimate and an update on infrastructure improvement activities for the True North Gold Mine (“True North”) in Manitoba, Canada.