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Kirkland Lake Gold Ltd.
Summary
| Project: | Macassa Mine | |
|---|---|---|
| Deposit: | Macassa Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/16/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 16-9-2019: Kirkland Lake Gold Ltd. announces an Exploration/Drilling Update report for its Macassa Mine deposit at the Macassa Mine project. Drilling results incl. 3.3m @ 108.2g/t Au from 248.8m. Toronto, Ontario – September 16, 2019 – Kirkland Lake Gold | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Eric Kallio (Internal) | |
| ABSTRACT: | Toronto, Ontario – September 16, 2019 – Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today reported new drill results from underground exploration drilling at the Macassa Mine in Kirkland Lake, Ontario. The new results include 71 drill holes (29,207 m) of drilling from the east and west exploration drifts on the 5300-foot level (“5300 Level”) as well as from the 5600 Level Ramp Development (“5600 Ramp”). Results being reported today are from four underground drill rigs focused on three key target areas, the SMC East, SMC West and the Amalgamated Break. Drilling from the 5300 Level and 5600 Ramp will continue throughout the remainder of 2019, with an additional two drill rigs having recently been added to the exploration program. A total of 41 drill holes for 18,943 m drilled to the east of the SMC from the 5300 Level east exploration drift intersected high-grade mineralization approximately 200 m northeast of the existing Mineral Resource (Figure 2). A total of 16 drill holes for 6,401 m of drilling were completed from the 5300 Level west exploration drift targeting zones west of the SMC as well as in the Lower SMC. Results from this drilling include high-grade intersections up to 275 m west of existing Mineral Resources (see Figure 2) and 25 m further west of highgrade intersections reported in the Company’s news release dated May 2, 2019. An additional 14 drill holes for 3,863 m of drilling were completed from the 5300 Level west exploration drift and the 5600 Ramp targeting the Amalgamated Break and associated hanging wall mineralization (Figure 3). This drilling resulted in new high-grade intersections up to 175 m west of existing SMC Mineral Resources and within previously identified high-potential target areas along the Amalgamated Break (see news release dated May 2, 2019 for more information). | |
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