Mr. Tony Makuch reports

KIRKLAND LAKE GOLD ANNOUNCES MANAGEMENT APPOINTMENTS

Following the completion of the merger with Newmarket Gold Inc., Kirkland Lake Gold Ltd. has made additions to its management team that will enable the company to optimize the performance of its portfolio of gold mines in Canada and Australia. The new management team brings a wealth of expertise that will be vital in positioning the company as the preferred investment among mid-tier gold producers.

The Kirkland Lake gold executive management team, led by Anthony Makuch, president and chief executive officer, comprises Darren Hall, chief operating officer, Phil Yee, chief financial officer, and Alasdair Federico, executive vice-president, corporate affairs and corporate social responsibility.

In addition, the company is pleased to announce the appointment of John Landmark as vice-president, exploration, Australia, Jason Gregg as vice-president, human resources, Ryan King as vice-president, investor relations, and Galina Meleger as director, corporate communications, to complement the existing management team of the company. The complete list of the company's management team can be found on the company's website. The new amalgamated company website is expected to be launched in January, 2017.

Mr. Makuch, president and chief executive officer of the company, stated: "I am confident that the recent appointments will broaden and strengthen our management team. The expertise of our combined team is committed to value creation for our shareholders through responsible profitable production, operational excellence, and growth through exploration and development. The new management appointments bring a significant amount of intellectual capital and will be key members of the new company as we grow our strong foundation of quality gold production. On behalf of the board of directors, I would like to welcome each of them to the management team of KL Gold."

New executive appointments

Mr. Hall has a proven record of increasing production, reducing operating costs, improving capital effectiveness, and promoting health, safety and business excellence while maintaining a strong team working environment. Mr. Hall has over 30 years of experience in the mining industry and has proven to be a successful and trusted leader through his operational accomplishments. As chief operating officerr, Mr. Hall brings a strong reputation for managing large work forces and multiple underground and open-pit gold mines in a variety of jurisdictions. Mr. Hall joined Newmarket Gold in 2015 and was responsible for maintaining a strong foundation of quality gold production, yielding record operational results. Prior to joining Newmarket Gold, Mr. Hall worked for Newmont Mining Corp. where he held roles of increasing responsibility throughout the organization for almost 30 years. Under his leadership as group executive, operations, for Newmont Asia Pacific, Mr. Hall managed a team of 14,000 employees producing 1.8 million ounces of gold annually from six operating mines across three countries. He also worked with Newmont in Peru, Indonesia and the United States and in Australia as general manager of the Boddington gold mine where he led a team of 1,800 employees producing 750,000 ounces of gold annually. Mr. Hall graduated with a bachelor of mining engineering (honours) from the Western Australia School of Mines in Kalgoorlie.

Mr. Federico is an experienced lawyer and business executive with over a decade of experience in corporate strategy and governance, including managing negotiations and relationships with investors, business partners and other stakeholders. Prior to joining the company, Mr. Federico was vice-president, general counsel and corporate secretary at Lake Shore Gold Inc., from 2008 until its acquisition by Tahoe Resources in April, 2016. Prior to joining Lake Shore Gold, Mr. Federico worked for a prominent Canadian law firm in Toronto. Mr. Federico holds a bachelor of commerce from the Rotman School of Management at the University of Toronto and a bachelor of laws from the University of Western Ontario.

New management appointments

Mr. Landmark's international career spans a diverse range of executive leadership, technical and advisory roles in exploration, mining operations, human resources and safety risk management. Mr. Landmark brings over 30 years of international mineral exploration and mining industry experience. Mr. Landmark joined Newmarket Gold in 2016 and led the company's exploration activities while being the group functional head for geology. Prior to joining Newmarket Gold, Mr. Landmark was a regional head of exploration for Anglo American PLC, where he managed exploration programs for copper-gold, iron ore and coal in Australia, Indonesia, Papua New Guinea and Mongolia. Prior to this role, Mr. Landmark led Anglo American's exploration activities in Brazil. His exploration and mining geology career started out in South Africa and Namibia, and he then moved on to Australia. Mr. Landmark holds a master of science in exploration and mining geology from James Cook University in Australia and a bachelor of science (honours) in geology from Wits University in South Africa.

Mr. Gregg is an experienced senior human resources executive, renowned for the ability to connect top-quartile people practices to the financial bottom line of the organization. Mr. Gregg has over 20 years of experience as a human resource professional and successfully integrated Newmarket and Crocodile Gold into a single highly functioning organization as the vice-president of human resources and environment. Before joining Newmarket Gold, Mr. Gregg provided human resources consulting services to various mining organizations as well as other industries including forestry and technology. Prior to developing his consulting practice, Mr. Gregg worked as a human resources executive in the mining industry with Farallon Mining and Nyrstar. Mr. Gregg has also held senior-level human resource roles with HDI, International Forest Products, Canadian Forest Products and Teck. Mr. Gregg holds a masters of business administration and a bachelor of business administration from Simon Fraser University in British Columbia, Canada.

Mr. King brings an established approach to investor relations, with specific and targeted applications for delivering shareholder value in the mining industry. Mr. King has over 13 years of experience in increasingly senior capacities in capital markets in the resource sector and was responsible for leading the investor relations activities for Newmarket Gold, as the company attained significant growth and completed a transformational merger with Kirkland Lake Gold. Before joining Newmarket Gold, Mr. King was involved in the acquisition of Terrane Metals in 2010 by Thompson Creek for $800-million. During his career, Mr. King has assisted in raising $250-million for previous companies. Mr. King holds a bachelor of commerce from Royal Roads University in British Columbia, Canada.

Ms. Meleger has worked in the resource sector as a communications professional for 10 years and was previously responsible for leading corporate communications initiatives at Newmarket Gold. Prior to that, Ms. Meleger worked for KGHM, a Polish-based mining company, responsible for internal and external communications for the North American and South American division of KGHM. In 2010, Ms. Meleger worked for Copper Mountain Mining Corp., a Canadian-based mining company, as a corporate communications and investor relations manager, supporting external communications, investor relations and media initiatives for the company. Ms. Meleger studied at the British Columbia Institute of Technology (BCIT), completing a business diploma in financial management.

About Kirkland Lake Gold

Kirkland Lake is a new mid-tier gold producer targeting plus 500,000 ounces in Tier 1 mining jurisdictions of Canada and Australia. The production profile of the company is anchored from three high-grade, low-cost operations, including the Macassa mine complex and the Taylor mine, located in Northeastern Ontario, and the Fosterville gold mine, located in the state of Victoria, Australia.

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