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Kirkland Lake Gold Ltd.
Summary
| Project: | Taylor Mine | |
|---|---|---|
| Deposit: | Taylor Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/26/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 26-4-2018: Kirkland Lake Gold Ltd. announces an Exploration/Drilling Update report for its Taylor Mine deposit at the Taylor Mine project. Drilling results incl. 0.7m @ 205.8g/t Au from 257.7m. Toronto, Ontario – April 25, 2018 - Kirkland Lake Gold Ltd. ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David Schonfeldt (Not stated) | |
| ABSTRACT: | Toronto, Ontario – April 25, 2018 - Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) is pleased to report new exploration drill results from surface and underground drilling at the Taylor mine (“Taylor”) in Northeast Ontario, and situated along the PDF. Recent drilling occurred at depth below both the East and West Porphyry deposits; at a prospective target area situated down-dip of the Shaft Deposit and east of the West Porphyry Deposit; and on strike to the east along the hanging wall of the PDF. The new drill results involve 60 holes for 26,257 m of surface drilling and 31 holes for 5,512 m of underground drilling, which were completed late in 2017 and early in 2018. The drill intersections reported today provide significant results at all three of the Company’s key exploration targets at Taylor mine. At the West Porphyry Deposit, the results of surface drilling include a 150 m extension of the new high-grade gold zone first reported last December (see Kirkland Lake Gold News Release dated December 18, 2017). The zone has now been identified over an area between 350 m and 500 m below existing mining (780 m and 930 m below surface). In the gap area between the West Porphyry and Shaft deposits, multiple high-grade intersections highlight the potential for additional growth in Mineral Resources close to existing mine infrastructure. Drilling east along the PDF continued to intersect high-grade gold bearing quartz veins, with the furthest intersection now located 2.9 km east of the Shaft Deposit, on a new claim block acquired in 2017. Previously, the furthest intersection had been 1.8 km east of the Shaft Deposit | |
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