Klondex Mines Continues to Strengthen Management Team

TORONTO and ELKO, NV--(Marketwire - Mar 20, 2013) - Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF), a northern Nevada gold exploration and development company, continues to strengthen the operations team at its flagship Fire Creek project and expand its investor outreach program in Toronto. At Fire Creek, in Lander County, Nevada, Dr. Shuai Chen joins Klondex as Chief Engineer, Lucy Downer joins as Environmental Manager, and Bryan Ouellette is named Safety and Projects Foreman. Alison Tullis joins Klondex in Toronto as Manager, Investor Relations.

Dr. Chen will oversee the design of the Fire Creek underground mining project. He has 17 years of experience designing mining projects, specializing in underground mine design, planning, ground control and cost control. His previous Nevada gold mining experience includes serving as Chief Engineer for Atna Resources' Pinson mine, as Senior Engineer for Great Basin Gold's Hollister mine and as Senior Mining Engineer for Newmont's Midas Mine. Dr. Chen earned his Masters and Ph.D. degrees in Mining Engineering from Southern Illinois University at Carbondale.

Ms. Downer brings 18 years of environmental experience and has been instrumental in the success of several mining and environmental projects across North America, primarily within Nevada. She is a graduate of the Engineering: Mining and Mineral Processing Program of Queens University in Ontario.

Mr. Ouellette brings over 30 years of experience in North American mine safety to Fire Creek. He began his career in Ontario with Noranda, followed by increasingly senior training, projects and safety managing roles at Newmont's Marathon Ontario and Carlin Nevada projects. Most recently, he managed the Lean Six Sigma Black Belt continuous improvement courses at Carlin, including managing the project pipeline and analyzing the best methodologies to extract gold from tailings.

Ms. Tullis will be responsible for the development and execution of Klondex Mines' investor relations program in conjunction with Catalyst Global, the company's capital markets consulting firm. She brings eight years of experience building investor relations programs for public companies, most recently for a Canadian gold developer.

Paul Huet, Klondex President and CEO stated, "I'm happy to announce these additions to our team as Fire Creek moves towards the planned bulk sample later this year. I am confident that the team we are building onsite can deliver on our goal to be a successful gold producer in Nevada, and adding a presence in Toronto will be key to enhancing our current investor relations program and profile."

He continued, "Bryan is very familiar with Nevada's gold mines and his experience will allow him to develop industry best standards that will keep our miners healthy, safe and accident free. Lucy was also an easy choice, as she comes highly recommended and knows the project well through her active involvement in Fire Creek's successful permitting program while working as a project lead with our environmental consultant. She will be instrumental in our effort to maintain exemplary permitting and compliance with Nevada and US regulators. Having an opportunity to work with Dr. Shuai Chen again is rewarding; Dr Chen is very familiar with narrow vein mining methods as well as Nevada ground conditions and was key to the success of both the Hollister and Midas Mines. I am confident that teamed with Mike Doolin, our General Manager, he will make significant contributions to Fire Creek's success."

About Klondex Mines Ltd. (www.klondexmines.com)
Klondex Mines is focused on the exploration and development of its Fire Creek gold deposit in North Central Nevada. Fire Creek is a compelling gold mining prospect located in a region of prolific gold production that is near power, transportation, mining infrastructure and several milling facilities. As of March 19, 2013 Klondex had 64.4 million shares issued and outstanding, and 85.3 million shares on a fully-diluted basis.

This news release contains forward-looking statements, including about current expectations on the timing of project development. These forward-looking statements entail various risks and uncertainties, are based on current expectations, and actual results may differ materially from those contained in such statements. These risks and uncertainties include, but are not limited to the risks and hazards associated with environmental compliance and permitting for its underground operations. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure materials filed with the securities regulatory authorities in Canada and available at www.sedar.com. Readers are urged to read these materials. Klondex assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.