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Kirkland Lake Gold Ltd.
Summary
| Project: | Fosterville | |
|---|---|---|
| Deposit: | Fosterville | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 3/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 28-3-2017: Kirkland Lake Gold Ltd. announces a Resource Estimation report for its Fosterville deposit at the Fosterville project. Updated Mineral Resources and Ore Reserve Estimates. This technical report has been prepared for Kirkland Lake Gold Ltd. (Kir | |
| Resources: | (Reserve, P+P): 1.557Mt @ 9.78g/t Au for 490koz Au contained at project | |
| CP/QP: | [Resources]: Troy Fuller (Internal) | |
| ABSTRACT: | This technical report has been prepared for Kirkland Lake Gold Ltd. (Kirkland Lake Gold), the beneficial owner of the Fosterville Gold Mine. Kirkland Lake Gold is listed on the Toronto Stock Exchange under the ticker symbol “KL”. On November 30, 2016, Newmarket Gold Inc. (“Newmarket”) combined with Kirkland Lake Gold Inc. and the combined company was renamed Kirkland Lake Gold Ltd. As used in this Technical Report, unless the context otherwise requires, reference to “Kirkland Lake Gold” or the “Company” means Kirkland Lake Gold Ltd. and the subsidiaries. Reference to “Newmarket Gold” means the Company when it was previously named Newmarket Gold and its subsidiaries, prior to the completion of the arrangement with Kirkland Lake Gold Inc. This document provides the Mineral Resource and Mineral Reserve estimates for the Fosterville Gold Mine that have resulted from ongoing exploration and resource definition and as a result of ongoing mine design and evaluation during the period January 1, 2016 to December 31, 2016. The understanding of the fundamental geological controls on mineralization at Fosterville is high. Primary mineralization is structurally controlled with high-grade zones localized by the geometric relationship between bedding and west dipping faulting. This predictive model has led to considerable exploration success in following the down-plunge extensions of high-grade mineralization. | |
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