Mr. George Ogilvie reports
KIRKLAND LAKE GOLD REPORTS SUCCESSFUL DRILLING TO EXPAND AND CONFIRM CONTINUITY OF THE SOUTH MINE COMPLEX ON THE HM CLAIM
Kirkland Lake Gold Inc. has provided an update on the underground exploration drilling program on the South mine complex at the company's Macassa mine complex, and in particular on the HM claim (formerly a part of the Queenston Mining joint venture property).
The HM claim, located approximately 610 metres (2,000 feet) southeast of the No. 2 shaft at the Macassa mine complex, is an area that hosts the easterly extension of the SMC. The 12-hole (4,278-metre or 14,031-foot) drilling program is a continuation of the program detailed in the company's news release dated June 9, 2015. This program concentrated on expanding the SMC by testing inferred resource block areas on the New South zone and intersected both new and previously identified hangingwall and footwall zones to the NSZ.
Highlights:
- Footwall mineralization intersected 383.3 grams per tonne uncut
or 11.18 ounces per ton uncut over a true width of 1.7 metres
(5.6 feet):
- Drill hole 53-2886 intersected footwall mineralization at the minus-5,800-foot elevation (1,767 metres) and returned 383.3 g/t uncut (58.3 g/t
cut) or 11.18 ounces per ton uncut (1.70 ounces per ton cut) over a true width of 1.7
metres (5.6 feet). Combined with previously released drill hole 53-2414 (21.6 g/t or 0.63 ounce per ton) over a true width of 0.7 metre (2.3
feet) (see news release dated March 3, 2014), this represents the
farthest east intersection on the HM claim to date.
- NSZ intersections confirm continuity:
- Drill hole 53-2881 returned 67.9 g/t (1.98 ounces per ton) over a true width of
4.4 metres (14.4 feet), drill hole 53-2882 returned 14.7 g/t (0.43 ounce per ton) over a true width of 2.9 metres (9.5 feet) and drill hole 53-2883 returned 16.5 g/t (0.48 ounce per ton) over a true width of 2.7 metres
(8.8 feet).
Note
Higher-grade assays are cut to 246.9 g/t (7.20 ounces per ton) or 120.0 g/t (3.50 ounces per ton), depending on the zone.
George Ogilvie, chief executive officer of the company, commented: "These additional positive results illustrate the robust nature of the SMC, which continues to be expanded farther to the east and at depth. Our goal is to test the extensions of the SMC while conducting infill drilling in order to replace reserves and find new resources. We will have additional results on the area formally known as the South claims and look forward to providing another update in the coming weeks."
SMC underground drilling on the HM claim
Six drill holes tested inferred resource areas on the flanks of NSZ, where four of these drill holes (or 67 per cent) returned intersections that will meet the requirement to be converted from inferred resources to indicated resources.
Previous drilling also identified a waste gap extending over 73.1 metres (240.0 feet) of strike length, as indicated by previously released drill hole 53-2290, which returned 9.9 g/t (0.29 ounce per ton) over a true width of 1.2 metres (4.1 feet), which did not make the minimum requirements to define a resource (see news release dated Sept. 19, 2013). Recently completed drill hole 53-2820 returned 31.2 g/t (0.91 ounce per ton) over a true width of 1.7 metres (5.7 feet), and drill hole 53-2884 returned 116.2 g/t (3.39 ounces per ton) over a true width of 0.7 metre (2.4 feet). These have decreased the strike length of the waste gap to 18.3 metres (60.0 feet).
The table summarizes the latest underground drilling results in metric values.
HM CLAIM SMC UNDERGROUND EXPLORATION --
METRIC TABLE (5,300 LEVEL)
Drill hole From (m) To (m)
53-2820 193.9 196.0
194.5 195.1
195.4 196.0
53-2825 179.4 179.7
53-2826 192.9 193.3
53-2879 214.7 215.1
240.1 241.2
248.6 249.6
249.1 249.6
53-2880 153.7 154.2
294.7 295.4
53-2881 153.2 153.5
177.4 178.4
177.4 178.0
178.0 178.4
180.8 185.8
181.5 182.2
185.2 185.8
53-2882 219.4 221.5
219.4 219.7
245.4 248.9
245.4 245.9
254.7 258.4
256.0 256.3
53-2883 153.1 153.4
169.2 171.9
169.8 170.2
170.2 170.7
53-2884 203.0 203.9
53-2885 204.0 204.3
53-2886 248.2 248.5
276.3 278.9
277.2 277.5
277.9 278.4
278.4 278.9
304.3 305.0
304.6 305.0
53-2887 200.4 201.2
Core length True width
Drill hole (m) (m) Assay (g/t)
53-2820 2.1 1.7 31.2
52.1, VG,
0.6 0.5 tell
0.6 0.5 35.7, VG
53-2825 0.3 N/C 3.1
53-2826 0.4 N/C 26.7
53-2879 0.4 N/C 2.7
1.1 ?? 83.3, VG
1.0 0.8 45.3
59.3, VG,
0.5 0.4 tell
53-2880 0.5 0.5 145.4, VG
0.7 ?? 33.6
53-2881 0.3 0.3 82.3, VG
1.0 0.9 192.7
0.6 0.5 72.7, VG
356.2, VG,
0.4 0.4 tell
5.0 4.4 67.9
0.7 0.6 220.5, VG
226.3, VG,
0.6 0.5 tell
53-2882 2.1 1.5 77.1
0.3 0.2 407.3, VG
3.5 2.9 14.7
0.5 0.4 41.1, VG
3.7 ?? 12.0
0.3 ?? 38.4, VG
57.6, VG,
53-2883 0.3 0.3 tell
2.7 2.7 16.5
0.4 0.4 29.5
0.5 0.5 21.6
53-2884 0.9 0.7 116.2, VG
53-2885 0.3 N/C 1.4
53-2886 0.3 N/C 0.3
2.6 1.7 383.3
0.3 0.2 60.3, VG
1,271.7, VG,
0.5 0.3 tell
0.5 0.3 661.0
0.7 ?? 69.60
0.4 ?? 129.9, VG
53-2887 0.8 N/C 5.5
VG means visible gold; tell means tellurides.
N/C means true width not calculated; will not make
minimum requirements for resource definition.
?? means true width unknown; requires additional
drilling to ascertain geometry.
The table summarizes the latest underground drilling results in imperial values.
SMC UNDERGROUND EXPLORATION (HM CLAIM) --
IMPERIAL TABLE (5,300 LEVEL)
Drill hole From (feet) To (feet)
53-2820 636.0 643.2
638.0 640.0
641.0 643.2
53-2825 588.7 589.7
53-2826 633.0 634.1
53-2879 704.3 705.6
789.2 791.5
815.7 818.8
817.1 818.8
53-2880 504.3 505.8
966.6 969.1
53-2881 502.5 503.5
582.0 585.3
582.0 583.9
583.9 585.3
593.0 609.7
595.6 597.8
607.7 609.7
53-2882 719.8 726.7
719.8 720.8
805.0 816.6
805.0 806.6
835.5 847.7
840.0 841.0
53-2883 502.3 503.3
555.0 564.0
557.0 558.5
558.5 560.0
53-2884 666.0 668.8
53-2885 669.3 670.3
53-2886 814.4 815.4
906.5 915.0
909.5 910.5
911.7 913.3
913.3 915.0
998.2 1,000.8
999.5 1,000.8
53-2887 657.4 660.0
Core length True width Assay
Drill hole (feet) (feet) (oz/ton)
53-2820 7.2 5.7 0.91
1.52, VG,
2.0 1.6 tell
2.2 1.7 1.04, VG
53-2825 1.0 N/C 0.09
53-2826 1.1 N/C 0.78
53-2879 1.3 N/C 0.08
2.3 ?? 2.43, VG
3.1 2.5 1.32
1.73, VG,
1.7 1.4 tell
53-2880 1.5 1.5 4.24, VG
2.5 ?? 0.98
53-2881 1.0 1.0 2.40, VG
3.3 2.9 5.62
1.9 1.7 2.12, VG
10.39, VG,
1.4 1.2 tell
16.7 14.4 1.98
2.2 1.9 6.43, VG
6.60, VG,
2.0 1.7 tell
53-2882 6.9 4.8 2.25
1.0 0.7 11.88, VG
11.0 9.5 0.43
1.6 1.4 1.20, VG
12.2 ?? 0.35
1.0 ?? 1.12, VG
1.68, VG,
53-2883 1.0 0.9 tell
9.0 8.8 0.48
1.5 1.5 0.86
1.5 1.5 0.63
53-2884 2.8 2.4 3.39, VG
53-2885 1.0 N/C 0.04
53-2886 1.0 N/C 0.01
8.5 5.6 11.18
1.0 0.7 1.76, VG
37.09, VG,
1.6 1.1 tell
1.7 1.1 19.28
2.6 ?? 2.03
1.3 ?? 3.79, VG
53-2887 2.6 N/C 0.16
VG means visible gold; tell means tellurides.
N/C means true width not calculated; will not make
minimum requirements for resource definition.
?? means true width unknown; requires additional
drilling to ascertain geometry.
Quality assurance/quality control
The company has implemented a quality assurance and control program to ensure sampling and analysis of all exploration work are conducted in accordance with the best possible practices. The drill core is sawn in half with one-half of the core samples shipped to Swastika Laboratories in Swastika, Ont. The other half of the core is retained for future assay verification. Other quality assurance/quality control measures include the insertion of blanks and the regular reassaying of pulps and rejects at alternate certified labs. Gold analysis is conducted by fire assay using atomic absorption or gravimetric finish. The laboratory reassays at least 10 per cent of all samples, and additional checks may be run on anomalous values.
Qualified person
The results of the company's underground diamond drilling program have been reviewed, verified (including sampling, analytical and test data) and compiled by the company's geological staff under the supervision of Stewart Carmichael, PGeo, manager of exploration. Mr. Carmichael is the qualified person for the purpose of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators and has reviewed and approved this news release.
Technical information
The company's Macassa mine property is the subject of a technical report prepared by Glenn Clark, PEng, titled "Review of Resources and Reserves of Macassa Mine, Kirkland Lake, Ont., at Jan. 1, 2015," dated May 22, 2015, which has been filed on SEDAR.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.