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Kirkland Lake Gold Ltd.
Summary
| Project: | Stawell Mine | |
|---|---|---|
| Deposit: | Stawell Mine | |
| 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 Stawell Mine deposit at the Stawell Mine project. Updated Mineral Resources and Ore Reserves for Project. This technical report has been prepared for Kirkland Lake Gold Ltd. | |
| Resources: | (Reserve, Prob.): 2.7Mt @ 1.51g/t Au for 132koz Au contained at NT | |
| CP/QP: | [Resources]: John Winterbottom (Internal) | |
| ABSTRACT: | This technical report has been prepared for Kirkland Lake Gold Ltd. (Kirkland Lake Gold), the beneficial owner of the Stawell 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, which has 100% ownership of the Stawell Gold Mine. 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. It has been prepared in accordance with the requirements of the National Instrument 43-101 – Standards of Disclosure for Mineral Projects and updates material changes to the Mineral Resource and Mineral Reserve position as of December 31, 2016. Stawell Gold Mines is located in the Australian State of Victoria, located 250km northwest of the city of Melbourne and 2km from the Township of Stawell, FIGURE 1-1. Stawell Gold Mines principal approval is its Mining Lease MIN5260, (see Figure 4-2) issued by the Victorian State Government under the Sustainable Development Act. This MIN5260 lease (centroid coordinates of 142.80° E and 37.06° S, GDA94) encompasses both the Magdala and Wonga Mines and is located both under and around the Township of Stawell with an area of approximately 1,000.58ha. | |
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