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Kirkland Lake Gold Ltd.
Summary
| Project: | Taylor Mine | |
|---|---|---|
| Deposit: | Taylor Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 27-6-2017: Kirkland Lake Gold Ltd. announces an Exploration/Drilling Update report for its Taylor Mine deposit at the Taylor Mine project. Drilling results incl. 0.9m @ 77.5g/t Au from 120.8m. Toronto, Ontario – June 27, 2017 - Kirkland Lake Gold Ltd. (“K | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Schonfeldt (Internal) | |
| ABSTRACT: | Toronto, Ontario – June 27, 2017 - Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (OTCQX:KLGDF) is pleased to report new exploration drill results from surface and underground drilling at its Taylor Mine (“Taylor”) in Northeast Ontario, situated along the prolific Porcupine Destor Fault (the “PDF”). Recent drilling occurred outside of the known mineralization along the hangingwall of the PDF east of the Shaft Deposit; at a prospective target area situated halfway between the Shaft Deposit and the West Porphyry Deposit; and at depth below both the East Porphyry and West Porphyry deposits. Since the start of the year, a total of 28 holes or 10,365 metres (“m”) of surface exploration drilling and 17 holes or 6,588m of underground exploration drilling have been completed. Tony Makuch, President and CEO of Kirkland Lake Gold commented: “The aim of the exploration work completed to date is to discover and identify new high-grade targets and to define extensions and new mineralization at existing deposits. We are very encouraged by the grades encountered almost 2 km to the east of the Shaft Deposit, which demonstrate the extensiveness of mineralization at Taylor and the potential that exists to find new mineral deposits to support increased mine life. Based on results to date, we are also confident that mineral resources and reserves can be increased around the East and West Porphyry deposits. Concurrent with the ongoing diamond drilling program, which includes three surface drills and one underground drill, we are conducting an airborne geophysical survey to identify new targets, supporting our commitment to organic growth along the PDF. We look forward to releasing additional drill results as they become available.” | |
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