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Kirkland Lake Gold Ltd.
Summary
| Project: | Taylor | |
|---|---|---|
| Deposit: | Taylor Mine | |
| Location: | Canada | |
| 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 Taylor Mine deposit at the Taylor project. Year-end update of Mineral Resources and Ore reserves. This technical report has been prepared for KLG, the beneficial owner of th | |
| Resources: | (Reserve, Prob.): 743kt @ 5.42g/t Au for 129koz Au contained at project | |
| CP/QP: | [Resources]: Pierre Rocque (Internal) | |
| ABSTRACT: | This technical report has been prepared for KLG, the beneficial owner of the Taylor Mine. KLG is listed on the Toronto Stock Exchange under the ticker symbol “KL”. This technical report provides the Mineral Resource and Mineral Reserve estimates for the Taylor Mine that have resulted from ongoing exploration and resource definition drilling and as a result of ongoing mine design and evaluation during the period January 1, 2016 to December 31, 2016. The Taylor property is located in the Taylor Township, approximately eight km northwest of the town of Matheson and four km, north of Highway 101, which lies within the Black River-Matheson Municipality and within Lots 5 – 8, Concessions II and III of Taylor Townships in the Larder Lake Mining Division, District of Cochrane, Ontario, Canada. The main access to the property is via Regional Road #11, north of Highway #101. Exploration potential at Taylor is regarded as excellent. Diamond drilling from both surface and underground is warranted to 1) assess mineralized strike and dip extensions, 2) to define the overall trend and width of the through-going diabase dykes, and 3) to target new discoveries on the property and associated with the PDF trend. Continued definition drilling at the current drill spacing (15 m by 15 m centres) is recommended to confirm the geometry of the mineralized zones. | |
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