Mr. Eric Sprott, an investor, reports

ERIC SPROTT ANNOUNCES CHANGES TO HIS HOLDINGS IN KIRKLAND LAKE DISCOVERIES CORP

2176423 Ontario Ltd., a corporation Eric Sprott that beneficially owns, has acquired 8,572,000 common share of Kirkland Lake Discoveries Corp., pursuant to a private placement, at 35 cents per share for aggregate consideration of $3,000,200.00.

Prior to the acquisition, Mr. Sprott beneficially owned and controlled 17,009,250 shares and two million share purchase warrants, representing approximately 8.1 per cent of the outstanding shares on a non-diluted basis and approximately 9.0 per cent on a partially diluted basis assuming the exercise of all such warrants. Mr. Sprott now beneficially owns and controls 25,581,250 shares and two million warrants, representing approximately 9.8 per cent of the outstanding shares on a non-diluted basis and approximately 10.5 per cent on a partially diluted basis assuming the exercise of such warrants, being an increase in holdings above 10 per cent and, therefore, the filing of an early warning report.

The securities are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities, including on the open market or through private acquisitions, or sell the securities, including on the open market or through private dispositions, in the future depending on market conditions, reformulation of plans and/or other relevant factors.

Kirkland Lake Discoveries is located at 1055 West Georgia St., Suite 2129, Vancouver, B.C., V6E 3P3. A copy of the early warning report with respect to the foregoing will appear on Kirkland Lake Discoveries' profile on SEDAR+ and may also be obtained by calling Mr. Sprott's office at 416-945-3294 (2176423 Ontario Ltd., 7 King St. East, Suite 1106, Toronto, Ont., M5C 3C5).