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Project: | Fosterville | |
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Deposit: | Fosterville Underground | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 4/2/2018 | |
Report Code: | NI43-101 | |
Report Type: | Resource Estimation | |
Project Stage: | Active Mining & Production | |
Report details: | 2-4-2018: Kirkland Lake Gold Ltd. announces a Resource Estimation report for its Fosterville Underground deposit at the Fosterville project. Updated Mineral resource and ore reserve estimate at project. This technical report has been prepared for Kirkland | |
Resources: | (Reserve, P+P): 2.288Mt @ 23.11g/t Au for 1699Koz Au | |
CP/QP: | [Resources]: Troy Fuller, Ion Hann (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 and New York Stock Exchanges under the ticker symbol “KL” and the Australian Securities Exchange under the ticker symbol “KLA”. On November 30, 2016, Newmarket Gold Inc. (“Newmarket”) combined with Kirkland Lake Gold Inc. and the combined company was renamed Kirkland Lake Gold Ltd. This document provides the Mineral Resource and Mineral Reserve estimates for the Fosterville Gold Mine (Fosterville or FGM) that have resulted from ongoing exploration and resource definition and as a result of ongoing mine design and evaluation during the period June 30, 2017 to December 31, 2017. The Fosterville Gold Mine is located approximately 20km east of the city of Bendigo and 130km north of the city of Melbourne in the State of Victoria, Australia. The FGM and all associated infrastructure including the tailings dam and waste dumps are located on Mining Licence 5404, which is 100% owned by Kirkland Lake Gold Ltd. Kirkland Lake Gold also holds titles through Fosterville Gold Mine Pty Ltd of four surrounding Exploration Licences totaling 1351km2 . These Exploration Licences encompass the entire known strike extent of the Fosterville Goldfield. | |
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