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Klondex Mines (T.KDX) employee declared dead in Midas Mine incident

Stockhouse Editorial
0 Comments| May 17, 2014

Klondex Mines (TSX:KDX, Stock Forum), a Vancouver-based firm engaged in acquiring, exploring, developing and exploiting mineral properties, announced yesterday that an employee, in a working underground heading, was recently found unconscious and unresponsive at its Midas Mine located in northern Nevada.


According to the news release, emergency response was immediately administered and the unconscious employee was transported to hospital for advanced care where the employee was pronounced dead by hospital staff.


The company has notified the related regulatory agencies and has commenced an investigation into the incident. No cause has been determined at this time.


Company president and CEO, Paul Huet, commented, “Our thoughts and prayers are with the family during this tragic event. We are working closely with the regulators and the authorities to determine the cause of the incident. The health and safety of our employees and contractors is our highest priority.”


Klondex was in the news recently when the company announced Q1 2014 financial results three days ago.


Currently there are 110.8m outstanding shares with a market cap of $206.1 million.

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