Mr. George Ogilvie reports
KIRKLAND LAKE GOLD DRILLING AT THE SOUTH MINE COMPLEX INTERSECTS 386.7 GRAMS PER TONNE (UNCUT) OVER A TRUE WIDTH OF 7.5 METERS ON THE SOUTH CLAIMS
Kirkland Lake Gold Inc. is providing an update on the underground exploration drilling program on the South mine complex (SMC) at the company's Macassa mine complex, and in particular on the South claims (formerly a part of the Queenston Mining joint venture property).
The South claims are located approximately 800 metres south of the No. 2 shaft at the Macassa mine complex, and lie immediately southwest of the HM claim and host a portion of the SMC. Exploration results on the HM claim were recently reported by the company on Oct. 20, 2015. This 18-hole (6,140 metres, or 20,145 feet) drilling program is a continuation of the program detailed in the company's press release dated Jan. 20, 2015. This program concentrated on expanding the SMC by testing the New South zone (NSZ) and intersected both new and previously identified hangingwall (HWZ) and footwall zones (FWZ) to the NSZ.
Highlights:
- NSZ intersected in drill hole 53-2891B returned 386.7 grams per tonne
uncut (73.4 g/t cut) or 11.28 ounces per ton uncut
(2.14 ounces per ton cut) over a true width of 7.5 metres (24.6 feet). Intersected
at minus-5,653-foot elevation (1,723 metres below surface).
- Drill hole 53-2891B returned several high-grade intervals including
5,678.8 g/t (165.63 ounces per ton) over a true width of 0.3 metre (one foot), 396.7 g/t (11.57 ounces per ton) over a true width of 0.6 metre (two feet) and 1,845.6 g/t (53.83 ounces per ton) over a true width of 0.4 metre
(1.3 feet). The NSZ remains open to the west and downdip from this
intersection. Drill hole 53-2694A, located 19.8 m east of 53-2891B returned 25.7 g/t (0.75 ounce per ton) over a true width of 3.2 metres
(10.6 feet). A previously identified FWZ was intersected in this
drill hole and returned 243.4 g/t uncut or 120 g/t cut (7.10 ounces per ton
uncut or 3.5 ounces per ton cut) over a true width of 0.2 metre (0.8 foot).
- New and previously identified FWZ and HWZ were intersected.
- Drill hole 53-2780 intersected two new hangingwall veins which
returned 26.4 g/t (0.77 ounce per ton) over a core length of 1.5 metres (4.9
feet) and 39.4 g/t (1.15 ounces per ton) over a core length of 0.7 m (2.3
feet). In addition, this drill hole intersected a previously
identified footwall vein which returned 556.8 g/t or 120 g/t cut
(16.24 ounces per ton uncut or 3.5 ounces per ton cut) over a true width of 0.2 m (0.6 foot).
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: "The SMC remains an important zone for the company and these results released today on the South claims combined with the previously released results from the HM claim are encouraging for the future delineation and expansion of this zone. Drilling continues to intersect high-grade mineralization further expanding the zone. We will continue to spend approximately 68 per cent of our exploration efforts on the SMC drilling in 2016."
SMC underground drilling on the South claims
Of the 18 drill holes testing the NSZ, nine or 50 per cent of the holes intersected sufficient-grade intervals for which a mineral resource may be calculated. Eleven of the 18 holes returned significant intersections on either the NSZ or SMC related HWZ or FWZ. Seven of the 18 holes returned insufficient-grade intervals to delineate a mineral resource.
The table summarizes the latest underground drilling results.
SMC UNDERGROUND EXPLORATION (SOUTH CLAIMS)
Drill hole From To
(m) (m)
53-2663 - -
53-2664 A 250.7 251.9
53-2665 249.3 249.6
53-2693 C 272.9 274.6
Including 272.9 273.3
53-2694 A 226.3 230.8
Including 226.6 227.0
And 229.9 230.2
And 230.2 230.5
269.0 269.3
53-2696 226.1 226.4
232.0 232.3
53-2697 248.9 249.2
53-2698 223.7 224.1
53-2775 217.8 218.3
53-2776 217.2 219.3
Including 219.0 219.3
53-2776 C 214.0 214.8
Including 214.0 214.4
And 214.4 214.8
53-2777 A 203.5 204.6
Including 203.9 204.2
And 204.2 204.6
53-2779 215.3 215.6
53-2780 86.8 88.3
Including 87.4 88.3
103.2 103.9
247.0 247.3
300.3 300.6
53-2888 - -
53-2889 218.1 218.5
53-2890 202.7 204.2
Including 202.7 203.0
53-2891B 230.1 240.1
Including 231.5 231.8
and 231.8 232.2
and 233.3 234.0
and 235.0 235.9
and 238.1 238.4
and 238.4 238.7
and 238.7 239.1
and 239.1 239.6
Drill hole Core length True width Au Au cut
(m) (m) (g/t) (g/t)
53-2663 - - NSV -
53-2664 A 1.2 1.0 17.1 -
53-2665 0.3 N/c 1.7 -
53-2693 C 1.7 1.1 437.5 48.3(i)
0.4 0.1 2,387.0 -
53-2694 A 4.5 3.2 25.7 -
0.4 0.3 167.7 -
0.3 0.2 46.6 -
0.3 0.2 72.0 -
0.3 0.2 243.4 120.0(ii)
53-2696 0.3 N/c 4.1 -
0.3 - 372.0 120.0(ii)
53-2697 0.3 N/c 1.0 -
53-2698 0.4 N/c 1.7 -
53-2775 0.5 N/c 6.9 -
53-2776 2.1 2.0 13.4 -
0.3 0.3 35.7 -
53-2776 C 0.8 0.7 107.3 -
0.4 0.3 139.9 -
0.4 0.3 75.1 -
53-2777 A 1.1 1.1 163.5 142.6(i)
0.3 0.3 321.3 -
0.4 0.3 245.5 -
53-2779 0.3 N/c 4.1 -
53-2780 1.5 - 26.4 -
0.9 - 33.9 -
0.7 - 39.4 -
0.3 N/c 7.2 -
0.3 0.2 556.8 120.0(ii)
53-2888 - - NSV -
53-2889 0.4 0.4 26.4 -
53-2890 1.5 1.5 21.9 -
0.3 0.3 88.8 -
53-2891B 10.0 7.5 386.7 73.4(i)
0.3 0.3 86.7 -
0.4 0.3 5,678.8 -
0.7 0.6 396.7 -
0.9 0.7 80.2 -
0.3 0.2 173.1 -
0.3 0.2 162.5 -
0.4 0.3 82.6 -
0.5 0.4 1,845.6 -
(i) Cut to 246.9 g/t.
(ii) Cut to 120.0 g/t.Quality assurance/quality control
The company has implemented a QA/QC 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 QA/QC includes the insertion of blanks, and the regular reassaying of pulps and rejects at alternative 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, and has reviewed and approved this news release. As the manager of exploration, Mr. Carmichael is not considered independent.
Technical information
The company's Macassa mine property is the subject of a technical report prepared by Glenn R. Clark, PEng, titled "Review of Resources and Reserves of Macassa Mine, Kirkland Lake, Ontario," at Jan. 1, 2015, dated May 22, 2015, which has been filed on SEDAR.
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