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Kirkland Lake Gold Ltd.
Summary
| Project: | Detour Lake | |
|---|---|---|
| Deposit: | Detour Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/29/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-6-2020: Kirkland Lake Gold Ltd. announces an Exploration/Drilling Update report for its Detour Lake deposit at the Detour Lake project. Drilling results incl. 121m @ 1.41g/t Au from 676m. Toronto, Ontario – June 29, 2020 - Kirkland Lake Gold Ltd. (“Kir | |
| Resources: | ||
| CP/QP: | [Overall Report] Eric Kallio, Keith Green, Adree DeLazzer (Internal) | |
| ABSTRACT: | Toronto, Ontario – June 29, 2020 - Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced results from 17 holes (7,176 m) of drilling at the Detour Lake property. Of the 17 holes, three holes (2,520 m) were drilled west of the Main Pit in the Saddle Zone area, five holes ( 1,860 m) were drilled at the North Pit area and nine holes ( 2,796 m) were drilled at the 58 North area. The Main Pit, West Pit and North Pit are located along the Detour Mine Trend (“DMT”), immediately north of the Sunday Lake Deformation Zone (“SLDZ”). The 58 North Zone (“58 N”) is located eight kilometers to the south near the Lower Detour Deformation Zone (“LDDZ”). These holes represent the first to be drilled as part of a 250,000 m exploration program to be completed by the end of 2021, which is designed mainly to collect information for an updated and potentially expanded Mineral Reserve and mine production plan. A key focus of the Company’s initial exploration program at the Detour Lake Mine is drilling around the Main Pit, where the Company is targeting significant growth in Mineral Reserves. Initial drilling in the Saddle Zone near the Main Pit intersected broad zones of mineralization with attractive open-pit grades as well as intervals of significantly higher grades at depth which support the potential for a future underground mining operation below the Main Pit (still to be evaluated). | |
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