Company Web Site: www.klondexmines.com

(NI) 43-101 reports from projects located in: USA (US)

This report is based on NI 43-101 disclosures and fully diluted share counts available on: 2009-03-30. Metrics have been updated with stock price and metal prices in effect at the close of Canadian markets on 2010-03-11.

External Links: Yahoo News and Quotes  |  Yahoo Message Board  |  StockCharts  |  Stockhouse

More External Links: Paramount Gold and Silver Corp. and Klondex Mines Ltd. Announce Business Combination Monday July 20, 2009.
View the Paramount Gold and Silver Metal Valuation Report.

Review a head to head KDX, PZG and SVM valuation comparison.

GoldMinerPulse Most Optimistic Resource Estimate Summary (MORE):
Metrics last with prices in effect at the TSX/TSXV close on 2010-03-11

Project/Deposit	CC	MVpSh	PP%	MI%	I%	Gold
Fire Creek Gold	US	$100.92	0	66%	34%	3.18 M oz
GoldMinerPulse Metrics - Total All Projects/Deposits by Metal, prices from 2010-Mar-11
Metric / Metal						Gold
Metal Totals						3.18 M oz
Metal Prices in US$ (from 2010-03-11)						$1,108.90 per oz
Metal Value per Share (MVpSh) (Shown in US$ and based on fully diluted share count shown below)						$100.92
Percentage of Total Metal Value						100.00%
PP% | MI% | I%						0 | 66% | 34%
GoldMinerPulse Metrics - All Metals from All Projects/Deposits and Prices from 2010-Mar-11
Metal Value per Share (MVpSh)						US$100.92
Average Ore Value per Tonne						US$
Metal Value Leverage (MVL)						80.14
Market Capitalization as % of Metal Value						1.2%
Recent Stock Price						C$1.29   (TSX/TSXV close on 2010-03-11.)   Conversion rate used: 1 Cnd$ = 0.976275 US$ )
Fully Diluted Share Count						34.92 M    ( Klondex Reports Proceeds of $2.0 Million from Warrant/Option Exercises, Announces Resignation of John Pollock From Klondex's Board and Extends Purchase Option for Fire Creek Land, Press Release, September 16, 2009. )
PP% | MI% | I%						0 | 66% | 34%
Gold Metrics-- all Projects/Deposits
Average Gold Ore Grade						g/t
Market Capitalization     per oz of Gold In Ground						$13.84   US$  |   14.17   C$
Gold Eq Oz Estimate						3.18 M oz   ( 3.18 M oz are in ground)
Market Capitalization     per oz of Gold Equilavent						$13.84   US$  |   14.17   C$
Silver Metrics-- all Projects/Deposits
Average Silver Ore Grade						g/t
Market Capitalization     per oz of Silver In Ground						$0.00   US$  |   0.00   C$
Silver Eq Oz Estimate						205.49 M oz   ( are in ground)
Market Capitalization     per oz of Silver Equilavent						$0.21   US$  |   0.22   C$
See terms for more about GoldMinerPulse metrics.

GoldMinerPulse Coverage Status:

• GoldMinerPulse coverage of Klondex Mines Ltd. is complete pending a final internal review.

(NI) 43-101 Report:

Title: Updated Report on the Fire Creek Gold Property Lander Co., Nevada
Date: 2009-03-30 (127 pages)

Project Location: Nevada, USA  /  Mining Region: Northern Nevada Rift (NNR)

Map View: View project on a Google Map.

Most Optimistic Resource Estimates (MORE):

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$67.02	2.11 M oz	4.670 g/t	14.06 M t
Estimate notes: See Table 3 Resource Summary on p. 35 of 127 in the (NI) 43-101 dated March 2009. Gold Cutoff 2.00 gpt

Metal	MVpSh	Contained Metal Quantity	Ore Grade	Ore Quantity
Gold	$33.90	1.07 M oz	3.740 g/t	8.88 M t
Estimate notes: See notes for indicated above. Gold cutoff 2 gpt.