New Klondike Exploration Ltd. announced encouraging results from a reconnaissance scale rock sampling and mapping program completed on the Goldstorm Project near Dryden, Ontario during July and August 2014. The work was designed to examine and assess three target areas within the 230 square kilometre property for their potential to host economic gold mineralization. Nine gold occurrences were examined in this area, including the Katisha Extension, Katisha South, O-Zone, Oldtimers (Howie), and Twilight and Fringe zones; in addition, three zones examined in 2013 - the Fiji, Zig and Main Katisha zones were re-examined in light of a new geological model that may help to evaluate these zones.

Gold mineralization at Katisha Lake occurs in discreet silicified lenses ranging in width from a few centimeters up to 3 meters that are localized within much wider alteration zones accompanied by ankerite, sericite, chlorite, pyrite and arsenopyrite. The alteration zones are associated with shear or fault zones ranging from 50 to 350 meters in length, although the full strike length of each of the zones has not been determined due to overburden or swamp cover. Gold values ranging from trace to 30.45 g/t have been reported in historical work programs on these zones.

Results from the 2014 sampling in the Katisha Lake area ranged from trace to 9.84 g/t Au. These samples included mineralized and non-mineralized rocks that were discovered from prospecting as well as from the known gold showings. A total of 35 rock samples (grabs and composite grabs) that were collected from 8 of the Katisha Lake Zones averaged 2.40 g/t Au, indicating that these zones are excellent targets for future exploration.

The table below presents the samples collected to date by New Klondike from the Katisha Lake Zones and the range of gold values from these zones.