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Kirkland Lake Gold Ltd
Symbol KL
Shares Issued 210,189,007
Close 2019-12-02 C$ 55.85
Recent Sedar Documents

Kirkland Lake drills 7.6m of 87.6 g/t Au at Fosterville

2019-12-03 06:46 ET - News Release

Mr. Anthony Makuch reports

KIRKLAND LAKE GOLD EXTENDS HIGH-GRADE, VISIBLE-GOLD MINERALIZATION DOWN-PLUNGE OF FOSTERVILLE SWAN ZONE

Kirkland Lake Gold Ltd. has released new high-grade results from the continuing underground drilling programs at the Fosterville mine in Victoria, Australia. Recent underground drilling targeting additional growth in mineral reserves and mineral resources confirmed significant continuity of mineralization down plunge and adjacent to existing mineral reserves in the Lower Phoenix system. In addition, underground infill drilling into Swan mineral reserves continues to return exceptional high-grade results containing VG (visible gold) providing confirmation of the geological model, underpinning confidence in the operation's mine plan. Drill results reported are from 206 holes (51,521 metres) that targeted infill and extension of the Lower Phoenix mineral resources. Drill results reported are after the December, 2018, mineral resource and mineral reserve update (see press release dated Feb. 21, 2019).

Tony Makuch, president and chief executive officer of Kirkland Lake Gold, commented: "We have an extensive exploration program at Fosterville covering four main target areas, Lower Phoenix down plunge of Swan, Cygnet, Harrier and Robbin's Hill. Today's results focus on the Lower Phoenix area. They are encouraging as they include the extension of high-grade, VG-bearing mineralization 80 m down plunge of the Swan zone and demonstrate that Lower Phoenix is an extremely large gold system, with continuity of the system having been confirmed to over 950 metres down plunge of our deepest mineral reserves. In addition, we continue to get strong results from drilling of the Cygnet zone, where we have intersected high-grade, VG-bearing mineralization, including 239 g/t Au over 1.2 m (ETW 0.9 m). Such results provide significant resource growth potential immediately adjacent to existing underground infrastructure.

"We are also progressing well with other components of our exploration program. At Robbin's Hill, there have been up to six surface drill rigs in operation over recent months, with encouraging results which we plan to release shortly. We also continue to drill the anticline offset target at Harrier South from underground drill platforms and advance our Lode program on district targets. Drilling at Harrier South remains at an early stage given the time required to extend the existing exploration drift and poor ground conditions encountered in some areas. The fact that we have already intersected quartz veins with VG similar in texture to those found in the Swan zone is promising. We have not yet seen the ultrahigh grades you get at Swan, but it is early days and we remain optimistic. Harrier South will continue to be a high-priority target with extensive drilling to continue into, and throughout, 2020."

Lower Phoenix extension drilling program

During 2019, underground diamond drilling targeting down plunge of the Swan mineral reserves has continued to return encouraging results, demonstrating the extensive down-plunge extent of the Lower Phoenix system.

Progressive stepout drilling over 2019 from the Harrier Link drill drive, spaced at 100 m by 50 m centres has now confirmed continuity of moderate to high-grade mineralization over a down-plunge distance of 950 m from December, 2018, mineral reserves in the Lower Phoenix system. Reported drill results are from 22 holes (16,611 m), and include moderate to high grade, large width sulphide intercepts of 14.8 g/t Au over 5.9 m (ETW 4.5 m) in hole UDE210, 6.2 g/t Au over 18.0 m (ETW 13.8 m) in hole UDE204 and 7.3 g/t Au over 8.8 m (ETW 6.7 m) in hole UDE199. The drilling has now defined continuity of mineralization between the Swan and Lower Phoenix South resource blocks (Swan South zone) and, with a high frequency of 30-gram-metre intercepts, it is anticipated that substantial additions of inferred mineral resources will be realized in end-of-year model updates as a result of this program.

This drilling has also identified mineralization directly footwall to Swan South in the Swan footwall splay zone up to 250 m down plunge of December, 2018, mineral reserves. Results of 2.8 g/t Au over 15.7 m (ETW 12.0 m) in hole UDE200A and 42.6 g/t Au over 0.8 m (ETW 0.5 m) in hole UDE204 highlight the potential for mineral resource expansion immediately footwall to the Swan South zone down plunge.

In August, 2019, the establishment of the P4040 drill drive development enabled close-spaced drill targeting of the down-plunge extensions of the Swan mineral reserves down to 25 m by 25 m centres with the aim to extend indicated mineral resources to facilitate mineral reserve evaluation. Four underground drill rigs have been located in this drill platform since August and results returned demonstrate continuity of high-grade mineralization, including occurrences of quartz-vein-hosted VG enveloped by sulphide mineralization up to a distance of 150 m down plunge of mineral reserves. Two intercepts containing VG outside mineral reserves are greater than 100 gram m, with 87.6 g/t Au over 7.6 m (ETW 5.5 m) in hole UDH3132 and 45.0 g/t Au over 5.2 m (ETW 4.7 m), including 267 g/t Au over 0.7 m (ETW 0.7 m) in hole UDH3142, which occur 40 m and 80 m down plunge from mineral reserve, respectively. A further 11 drill hole intercepts from this program are greater than 30 gram m and it is anticipated that mineral reserves will be extended down plunge of the Swan mineral reserves in the end-of-year model updates.

Cygnet drilling program

Exploration drilling footwall to Swan in 2018 discovered significant mineralization on a west southwesterly dipping structure, Cygnet. Further drilling into the up-plunge projection of this target has returned several high-grade intercepts containing VG mineralization. Recent key intercepts into the Cygnet zone are listed below, with further details provided in the commentary that follows:

Key gold intercepts:

  • 239 g/t Au over 1.2 m (ETW 0.9 m), including 701 g/t Au over 0.4 m (ETW 0.3 m) in hole UDE262;
  • 28.4 g/t Au over 1.8 m (ETW 1.5 m) in hole UDE247;
  • 11.2 g/t Au over 5.4 m (ETW 4.5 m) in hole UDH280

(1) Visible gold drill intercept.

Drill results returned to date in the Cygnet zone demonstrate strike continuity of mineralization over a distance of approximately 650 m and dip continuity of mineralization over a vertical distance of approximately 300 m between the 6,100 mN and 6,750 mN and 4,050 RL and 3,750 RL.

The Cygnet structure subparallels the Swan structure and is positioned approximately 125m footwall (east) of the Swan zone. The north-northwest-striking mineralized structure transects the eastern limb of an anticline and an anticline-syncline fold pair. The mineralized fault occurs east of the main anticlinal axis, and has an interpreted reverse displacement of approximately 30 m. A shallower structure named the Pen fault splays from the Cygnet structure footwall to the Benu shale stratigraphic units and at the intersection point of these two structures is where occurrences of quartz-hosted VG mineralization have been intersected. Farther down the footwall (approximately 70 m), another structure named the Cob fault has also been identified containing a consistent trend of sulphide mineralization.

Drilling farther down plunge of 6100 mN into the projected position of the Cygnet zone also demonstrates that significant mineralization persists approximately 550 m down plunge. Four intercepts containing significant grades and widths of sulphide mineralization highlight the growth potential down plunge on the Cygnet zone including 11.1 g/t Au over 3.4 m (ETW 2.4 m) in hole UDE200, 7.9 g/t Au over 3.1 m (ETW 2.6 m) in hole UDE209, 6.6 g/t Au over 6.6 m (ETW 5.5 m) in hole UDE181A and 8.7 g/t Au over 2.3 m (ETW 2.1 m) in hole UDE185A.

Drilling undertaken to date in the Cygnet zone has demonstrated sufficient continuity of mineralization and the company expects to substantially extend mineral resources to the north of the December, 2018, Cygnet block, which hosts an inferred mineral resource of 582,000 tonnes at 6.9 g/t Au for 120,000 ounces Au. Opportunity exists for further expansion of mineral resources to the north and south and drill targeting of the Cygnet structure will continue into 2020. Drilling will also focus on infill drilling of mineral resources to increase geological confidence to facilitate mineral reserve evaluation on this attractive growth target positioned in close proximity to current infrastructure.

Swan infill drilling program

Results from the continuing underground infill drilling program targeting Swan reaffirm the high-grade tenor of the Swan mineral reserves. Since the December, 2018, Swan mineral reserve of 2.34 million ounces grading at 49.6 g/t Au, a total of 117 holes for 13,484 m have been drilled into this zone in 2019 for the purpose of optimizing development and stope positioning. Of the 117 results returned to date, 19 results returned greater than 1,000 gram-metres and an additional 44 results returned greater than 100 gram-metres. Key intercepts over 2,000 gram-metres include:

High-grade, visible-gold bearing intercepts greater than 2,000 gram-metres include:

  • 924 g/t Au over 3.6 m (ETW 3.2 m), including 6,590 g/t Au over 0.5 m (ETW 0.4 m) in hole UDH2872;
  • 918 g/t Au over 7.0 m (ETW 6.8 m), including 1,722 g/t Au over 3.7 m (ETW 3.3 m) in hole UDH3024;
  • 625 g/t Au over 3.6 m (ETW 3.3 m), including 6,123 g/t Au over 0.35 m (ETW 0.3 m) in hole UDH2483;
  • 488 g/t Au over 5.0 m (ETW 4.7 m), including 2,527 g/t Au over 1.0 m (ETW 0.9 m) in hole UDH3171;
  • 229 g/t Au over 11.2 m (ETW 11 m), including 3,520 g/t Au over 0.6 m (ETW 0.6 m) in hole UDH3103;
  • 365 g/t Au over 6.8 m (ETW 6.1 m), including 1,629 g/t Au over 1.2 m (ETW 1 m) in hole UDH3101;
  • 367 g/t Au over 6.3 m (ETW 5.9 m), including 1,058 g/t Au over 2.1 m (ETW 2 m) in hole UDH2863.

Intercepts through the Swan footwall splay also returned some exceptional high-grade VG intercepts, including one over 2,000 gram-metres and a further three intercepts over 100 gram-metres. The Swan footwall splay fault emanates from and branches off the Swan fault at approximately 6,400 mN and 4,000 mRL. Mineralized widths containing significant VG grades are typically largest on this fault immediately footwall to the Swan fault. Key infill intercepts returned that contain VG mineralization include:

Key gold intercepts:

  • 1,083 g/t Au over 2.8 m (ETW 2.6 m), including 8,610 g/t Au over 0.4 m (ETW 0.3 m) in hole UDH3108;
  • 40.8 g/t Au over 4.8 m (ETW 4.4 m) in hole UDH3103;
  • 52.4 g/t Au over 2.2 m (ETW 2.0 m) in hole UDH3104;
  • 38.0 g/t Au over 3.8 m (ETW 3.5 m) in hole UDH3112.

Results returned from infill drilling into the Swan mineral reserves to a spacing of 12.5 m by 12.5 m have verified the continuity of very high-grade mineralization in Swan. This drilling, coupled with model reconciliation performance, has provided increased confidence in the geological model which underpins the mine plan.

Qualified persons

Troy Fuller, MAIG, director of exploration, Australia, is a qualified person as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this news release.

For further information regarding the company's 2018 mineral reserves and mineral resources estimates for the Fosterville gold mine, please refer to the company's news release dated Feb. 21, 2019, and the technical report entitled "Updated NI 43-101 Technical Report Fosterville Gold Mine In the State of Victoria, Australia," effective Dec. 31, 2018.

Drilling and underground sampling assay quality assurance/quality control

Kirkland Lake Gold has in place quality control systems to ensure best practice in drilling, sampling and analysis of drill core. All diamond drill hole collars are accurately surveyed using a Leica TS16 Total Station instrument and downhole deviations are measured by either electronic gyro or single-shot instruments.

Sampling consisted of diamond drill core that was either full core or half core sampled. Half-core samples were cut longitudinally in half with a diamond saw; one-half of the drill core was sent to an independent laboratory for analysis and the other drill core half retained for reference. Sample pulps are returned from the assay laboratory for reference and future geological or metallurgical studies. Drill core sample intervals vary between 0.3 and 1.2 m in length and were determined from logging of sulphide and visible gold to geological boundaries.

Samples containing VG or considered likely to contain VG were separated from sulphide gold samples and dispatched independently for assaying. At the laboratory, VG jobs were processed through a single pulverizer and material barren of gold (quartz wash) was crushed before and after each sample to minimize the potential for gold to contaminate successive samples.

Assays are either based on 25-gram or 40-gram charge fire assay. Mean grades are calculated using a variable lower-grade cut-off (generally two g/t Au) and maximum two m internal dilution. No upper gold grade cut is applied to the data. However, during future mineral resource studies the requirement for assay top cutting will be assessed.

The majority of samples were assayed at On Site Laboratories, an independent laboratory in Bendigo, Victoria. The facility is registered ISO 9001:2008 (CERT-C33510). Some samples were assayed at Bureau Veritas, Adelaide. This facility is registered ISO 9001:2015 (CERT RN -- 44 100 160145) and NATA accredited (1526).

About Kirkland Lake Gold Ltd.

Kirkland Lake Gold is a growing gold producer operating in Canada and Australia that produced 723,701 ounces in 2018 and is on track to achieve significant production growth over the next three years, including target production of 950,000 to one million ounces in 2019, 930,000 to 1.01 million ounces in 2020 and 995,000 to 1,055,000 ounces in 2021. The production profile of the company is anchored by two high-grade, low-cost operations, including the Macassa mine located in Northern Ontario and the Fosterville mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management and operational expertise.


     DRILL ASSAY INTERCEPTS FOR THE SWAN, SWAN FOOTWALL SPLAY, SWAN SOUTH, CYGNET ZONE AND COB 
            DIAMOND DRILLING, LOWER PHOENIX MINERALIZED SYSTEM, FOSTERVILLE GOLD MINE
           (The results are later than those presented in the Dec. 31, 2018, technical 
        report on the mineral resources and mineral reserves of the Fosterville gold mine, 
                           dated April 1, 2019, and available on SEDAR.)

Hole ID                   From          To    Downhole interval     Estimated true width   Gold grade
                           (m)         (m)                  (m)                      (m)     (g/t Au)

Swan fault mineralization -- drill intercepts within mineral reserves
UDH2483 (1)             353.65      357.25                  3.6                      3.3          625
including (1)           353.65       354.0                 0.35                      0.3        6,123
UDH2700 (1)             362.45       371.4                 8.95                      8.4         10.9
UDH2717 (1)             100.15      107.25                  7.1                      4.8          381
including (1)            101.2       102.2                  1.0                      0.7          922
And (1)                 104.95       105.5                 1.85                      1.3          934
UDH2729 (1)              355.5       358.1                  2.6                      2.4         63.6
including (1)           356.05       356.5                 0.45                      0.4          334
UDH2787                 157.35       164.3                 6.95                      6.5         26.0
UDH2829                  297.1       305.2                  8.1                      6.6          5.8
UDH2832 (1)               76.5        79.0                  2.5                      2.2         34.8
UDH2834                  77.65       80.45                  2.8                      2.3         19.1
UDH2835                   72.6       73.65                 1.05                      0.9         11.3
UDH2836 (1)              115.4      125.85                10.45                      4.4          170
including (1)           117.25      119.05                  1.8                      0.8          623
UDH2837 (1)              96.75       102.2                 5.45                      2.7          119
including (1)            101.2      101.65                 0.45                      0.2        1,150
UDH2838 (1)              100.0      106.25                 6.25                      4.0         28.7
UDH2839 (1)              99.95       102.5                 2.55                      1.8          123
including (1)           101.05       101.4                 0.35                      0.3          804
UDH2840 (1)              82.95        88.1                 5.15                      3.3         14.9
UDH2841                  92.35        92.7                 0.35                      0.2         19.9
UDH2842 (1)               83.2        92.1                  8.9                      5.1          123
including (1)             88.1       89.25                 1.15                      0.7          874
UDH2843 (1)               76.4        78.1                  1.7                      1.5          704
including (1)             76.4        77.0                  0.6                      0.5        1,410
UDH2844 (1)               81.1        84.0                  2.9                      2.6         37.4
UDH2845 (1)               70.0        77.7                  7.7                      7.2          133
including (1)             72.2        74.9                  2.7                      2.5          352
UDH2846 (1)               82.0        84.8                  2.8                      2.3          202
including (1)            83.15       84.15                  1.0                      0.8          560
UDH2847  (1)            106.45      109.45                  3.0                      1.5         55.9
including  (1)           108.3       108.7                  0.4                      0.2          400
UDH2848 (1)               95.3       98.05                 2.75                      1.8          234
UDH2849 (1)               96.5        97.2                  2.7                      2.2          840
including (1)             96.5        99.2                  0.7                      0.6        3,220
UDH2850                  84.55        86.5                 1.95                      1.6         44.7
UDH2851 (1)              77.55        78.9                 1.35                      1.2          120
UDH2852                  70.45        74.0                 3.55                      2.7         10.6
UDH2853 (1)              71.15        75.7                 4.55                      3.9          302
including (1)             72.5       74.15                 1.65                      1.4          824
UDH2854 (1)               69.0        72.6                  3.6                      3.3          287
including (1)             72.0        72.6                  0.6                      0.5        1,710
UDH2855 (1)               67.9        69.3                  1.4                      1.3         40.3
UDH2856 (1)              66.05        67.4                 1.35                      1.3          339
UDH2857                   65.4        67.5                  2.1                      2.0         13.4
UDH2858 (1)               66.4        67.5                  1.1                      1.1         34.3
UDH2859 (1)               63.6        66.6                  3.0                      2.8          505
including (1)             66.0        66.3                  0.3                      0.3        4,060
UDH2860 (1)               60.8        66.6                  5.8                      5.7         32.3
including (1)            63.15        64.4                 1.25                      1.2          114
UDH2862 (1)               65.2       71.55                 6.35                      5.5         34.4
including (1)             71.0       71.55                 0.55                      0.5          318
UDH2863 (1)              64.15       70.45                  6.3                      5.9          367
including (1)            64.15       66.25                  2.1                      2.0        1,058
UDH2864 (1)               65.2        68.5                  3.3                      3.1          232
including (1)             65.7       66.25                 0.55                      0.5        1,340
UDH2865 (1)               64.4        65.9                  1.5                      1.4          214
including (1)             65.0        65.4                  0.4                      0.4          680
UDH2866 (1)               57.7        68.4                 10.7                     10.1          138
including (1)            61.65        62.9                 1.25                      1.2        1,094
UDH2867                  61.25       62.95                  1.7                      1.6         10.4
UDH2868 (1)               57.0        67.2                 10.2                      9.9         45.2
including (1)            59.55       59.85                  0.3                      0.3        1,180
UDH2869 (1)              54.25        67.5                13.25                     12.0          145
including (1)             59.9        62.1                  2.2                      2.0          840
UDH2870                   70.0       72.55                 2.55                      2.2          269
UDH2871 (1)               67.2        69.2                    2                      1.9         57.6
including (1)             68.8        69.2                  0.4                      0.4          263
UDH2872 (1)              63.25        66.8                 3.55                      3.2          924
including (1)             63.9       64.35                 0.45                      0.4        6,590
UDH2873                   83.4        84.9                  1.5                      1.2         36.2
UDH2874 (1)              80.35        83.9                 3.55                      2.9          117
including (1)             80.8        81.7                  0.9                      0.7          430
UDH2877                   72.3       73.15                 0.85                      0.7          149
UDH2878                   76.3        78.2                  1.9                      1.6         33.6
UDH2880                   69.0       70.45                 1.45                      1.3         12.0
UDH2882                   68.5        69.7                  1.2                      1.0          128
UDH2883                   66.1        67.4                  1.3                      1.3         65.7
UDH2917                   55.8        56.5                  0.7                      0.5          6.0
UDH2919                   53.4        57.4                    4                      3.3          4.8
UDH2920                   53.7        64.0                 10.3                      7.4         12.8
UDH2928                  289.6       291.6                  2.0                      1.7          9.3
UDH2971                   63.4        65.8                  2.4                      1.8         10.0
UDH2972                   68.6       71.85                 3.25                      2.2          9.1
UDH2973                   70.4        72.7                  2.3                      2.0          4.5
UDH2975                   73.8       78.25                 4.45                      3.1          6.6
UDH2976                   82.6        87.7                  5.1                      3.8         15.8
UDH2979                  64.95        66.3                 1.35                      1.1         15.2
UDH2981                   79.3        84.1                  4.8                      2.6          5.1
UDH2983                  59.75        62.1                 2.35                      2.0          8.8
UDH2984                   84.0        87.1                  3.1                      2.7          8.2
UDH2985                   73.2        77.0                  3.8                      3.2         12.2
UDH2986                   78.1       88.45                10.38                      8.8          9.2
UDH2987                  90.65       94.15                  3.5                      3.0         14.5
UDH2995 (1)              70.25       71.95                  1.7                      1.0          6.3
UDH3017 (1)               31.4        41.0                  9.6                      9.2         18.2
UDH3023 (1)              37.75       43.45                  5.7                      5.6          306
including (1)            42.65       43.05                  0.4                      0.3        4,000
UDH3024 (1)               33.0        40.0                  7.0                      6.8          918
including (1)             36.0        39.7                  3.7                      3.3        1,722
UDH3054                  111.8       113.5                  1.7                      1.5         26.4
UDH3055                  106.9       112.9                  6.0                      3.6         34.4
UDH3060 (1)               63.6        71.6                  8.0                      7.8          184
UDH3061 (1)               63.3       68.65                 5.35                     5.25         87.6
UDH3063 (1)               67.6        74.0                  6.4                      6.2         17.9
UDH3064                  92.85        96.6                 3.75                      2.5          3.9
UDH3064A                 90.65        92.9                 2.25                      1.8          177
UDH3065 (1)               82.4        86.8                  4.4                      3.5         14.1
UDH3066 (1)              73.95       80.55                  6.6                      6.0         97.1
UDH3067 (1)               67.4        77.0                  9.6                      9.2          139
UDH3076                  49.45       52.05                  2.6                      1.4         33.2
UDH3077 (1)               58.2        62.7                  4.5                      2.2          320
UDH3101 (1)               77.5       84.25                 6.75                      6.1          365
including (1)             81.0       82.15                 1.15                      1.0        1,629
UDH3102 (1)              75.65        77.7                 2.05                      2.0         34.1
UDH3103 (1)               65.1        76.3                 11.2                     11.0          229
including (1)             68.7        69.3                  0.6                      0.6        3,520
UDH3104                   66.2        72.0                  5.8                      5.7         22.1
UDH3105 (1)               65.1        72.1                  7.0                      6.8         25.8
including (1)             71.1        71.5                  0.4                      0.4          339
UDH3106 (1)               74.0        79.2                  5.2                      4.3          120
including (1)            77.05        78.8                 1.75                      1.5          322
UDH3107                  96.35        97.3                 0.95                      0.7          7.6
UDH3108 (1)              83.45       88.55                  5.1                      4.2         48.8
including (1)             85.9        86.3                  0.4                      0.3          368
UDH3109                   77.4       77.95                 0.55                      0.5          8.6
UDH3110 (1)              74.85       76.45                  1.6                      1.5          419
including (1)             75.5       75.95                 0.45                      0.4        1,300
UDH3111 (1)               68.9        78.9                 10.0                      9.9         35.4
including (1)            69.25        69.8                 0.55                      0.5          472
UDH3112 (1)               70.6       73.35                 2.75                      2.4          791
including (1)            71.15        71.8                 0.65                      0.6        3,300
UDH3113 (1)               71.3        75.0                  3.7                      3.7         40.6
including (1)             72.1        72.4                  0.3                      0.3          395
UDH3114                   70.7        74.2                  3.5                      2.7         16.4
UDH3115                  83.25        88.6                 5.35                      4.3         14.6
UDH3116                  94.25        95.1                 0.85                      0.8         31.4
UDH3117                   91.5        93.4                  1.9                      1.7         69.3
UDH3118 (1)               95.8       97.15                 1.35                      1.1          111
including (1)             96.1       96.45                 0.35                      0.3          356
UDH3119                  198.9      212.15                13.25                     11.5          3.0
UDH3119                 205.25      212.15                  6.9                      6.5          3.8
UDH3119A                 199.8       203.1                  3.3                      3.1          7.0
UDH3164 (1)             101.85      103.65                  1.8                      1.6         15.9
UDH3165                  92.45        94.9                 2.45                      1.9         10.6
UDH3166 (1)               76.0        78.1                  2.1                      2.0          298
including (1)             77.0        77.4                  0.4                      0.4        1,470
UDH3171 (1)               81.1        86.1                  5.0                      4.7          488
including (1)            84.85        85.8                 0.95                      0.9        2,527
UDH3172 (1)              67.35       74.75                  7.4                      7.4          159
including (1)            73.25        74.0                 0.75                      0.8        1,448
UDH3174 (1)               67.1        74.5                  7.4                      6.7         34.7
including (1)            70.35        71.3                 0.95                      0.9          230
UDH3176A                  83.6       87.05                 3.45                      3.4         12.6
UDH3177 (1)               88.0        95.4                  7.4                      6.1         39.5
including (1)             94.8        95.1                  0.3                      0.3          730
UDH3178 (1)               84.7        92.7                  8.0                      5.1          131
including (1)            86.35       86.65                  0.3                      0.2        2,250
UDH3180                  158.1      163.55                 5.45                      4.2         15.0
UDH3184A (1)            148.75       155.8                 7.05                      6.1         17.7
including (1)            150.8      151.25                 0.45                      0.4          145
UDH3186 (1)             118.65       120.0                 1.35                      0.9          321
including (1)           118.65       119.3                 0.65                      0.4          639
UDH3188 (1)              121.0      128.75                 7.75                      2.7          342
including (1)            125.9       127.2                  1.3                      0.4        1,612
Swan footwall splay mineralization -- drill intercepts within mineral reserves
UDH3061                  77.55        78.7                 1.15                      1.1         18.8
UDH3063                  93.65        95.0                 1.35                      1.0          5.4
UDH3101                   95.9        96.7                  0.8                      0.7          6.5
UDH3102                   87.6        88.7                  1.1                      1.0          6.5
UDH3103 (1)               76.3        81.1                  4.8                      4.4         40.8
including (1)            79.05       79.35                  0.3                      0.3          267
UDH3104 (1)              76.85        79.0                 2.15                      2.0         52.4
including (1)             77.9       78.25                 0.35                      0.3          266
UDH3105                  82.35       83.95                  1.6                      1.5          4.2
UDH3107                  98.35        99.1                 0.75                      0.7         16.1
UDH3108 (1)              90.85       93.65                  2.8                      2.6        1,083
including (1)            90.85        91.2                 0.35                      0.3        8,610
UDH3109                   84.1        86.0                  1.9                      1.9          4.4
UDH3111 (1)               81.2        82.5                  1.3                      1.3         62.4
UDH3112 (1)              83.45       84.25                 3.75                      3.5         38.0
including (1)            83.75       84.25                  0.5                      0.5          229
UDH3113                   84.1        85.8                  1.7                      1.6         28.6
UDH3114                   92.2        97.1                  4.9                      4.9          6.9
UDH3115                  95.15        96.3                 1.15                      0.4          8.0
UDH3166                   82.2        85.0                  2.8                      2.6         13.0
UDH3060                  76.25        79.1                 2.85                      2.7          2.9
Swan South mineralization -- drill intercepts outside of mineral reserves
UDE175A                  941.3       956.2                 14.9                     11.4          4.4
UDE181A                  927.1      932.55                 5.45                      4.2          8.7
UDE184                  819.75       823.0                 3.25                      2.5          8.8
UDE184A                  803.7       808.6                  4.9                      3.8          6.7
UDE184B                  772.6       777.0                  4.4                      3.4          5.0
UDE184C                 772.45       777.4                 4.95                      3.8          6.8
UDE185A                  871.9       879.1                  7.2                      7.1          7.9
UDE199                   773.0      781.75                 8.75                      6.7          7.3
UDE200                   716.5       732.0                 15.5                     11.9          4.9
UDE200A                  719.0       726.8                  7.8                      6.0          4.6
UDE201                  835.45      837.65                  2.2                      1.7          0.2
UDE203                   622.4       626.4                  4.0                      3.1          2.2
UDE204                   634.3       652.3                   18                     13.8          6.2
UDE205                   627.5      633.65                 6.15                      4.7         10.4
UDE206                   656.9       660.0                  3.1                      2.4          5.5
UDE207                   759.2       759.7                  0.5                      0.4          0.0
UDE208                   675.0       681.8                  6.8                      5.2          9.9
including                678.2       678.7                  0.5                      0.4         65.2
UDE209                   681.5       685.0                  3.5                      2.7          1.8
UDE210                   709.6       715.5                  5.9                      4.5         14.8
UDE211                   729.4       735.2                  5.8                      4.4          7.6
UDE212A                1,045.1     1,045.5                  0.4                      0.3          2.6
UDE265                   621.2       621.8                  0.6                      0.5          2.1
UDH2482                  390.0      402.65                12.65                      7.3          3.6
UDH2489 (1)              386.0       391.0                  5.0                      4.7         59.1
including (1)            389.3         390                  0.7                      0.7          319
UDH2831                  257.0       258.7                  1.7                      1.6         14.6
UDH3068 (1)               67.3        75.0                  7.7                      7.5         63.2
UDH3094                  392.4      393.25                 0.85                      0.8          6.2
UDH3120                  202.3       212.7                 10.4                     10.1          8.0
UDH3122                  199.1       204.3                  5.2                      4.2          5.8
UDH3123                  199.3       200.1                  0.8                      0.8          2.8
UDH3124                  198.6       199.8                  1.2                      1.1         12.5
UDH3126                 254.45       260.9                 6.45                      5.6          6.4
UDH3127 (1)              249.9      253.35                 3.45                      3.0         19.7
including (1)            251.8       252.1                  0.3                      0.3          141
UDH3128                  230.1      233.95                 3.85                      3.5          8.5
UDH3129                  237.0       240.5                  3.5                      2.9          8.1
UDH3130                 231.85       234.0                 2.15                      2.0         13.1
UDH3131 (1)              266.7      277.85                 11.2                      9.7          6.8
UDH3132 (1)              268.3      275.85                 7.55                      5.5         87.6
UDH3133A                299.35       300.1                 0.75                      0.7          5.4
UDH3134                  299.0       303.0                  4.0                      2.8          2.7
UDH3135                  248.2       255.5                  7.3                      6.7          6.4
UDH3136                  254.8       259.9                  5.1                      5.0          4.3
UDH3137 (1)              246.9       249.4                  2.5                      2.1          2.2
UDH3138                 249.25       253.9                 4.65                      4.2            5
UDH3139                  247.2       251.2                  4.0                      3.7          6.3
UDH3140                  237.7       241.3                  3.6                      3.5          9.3
UDH3141                 239.65       240.7                 1.05                      1.0          4.3
UDH3142 (1)              255.5      260.65                 5.15                      4.7           45
including (1)            258.7       259.4                  0.7                      0.7          267
UDH3143                  270.2       283.1                 12.9                     12.1         26.4
UDH3145 (1)             242.25       243.5                 1.25                      1.2         40.4
including (1)           242.25      242.95                  0.7                      0.7         73.6
UDH3146 (1)              239.1       245.5                  6.4                      6.3          4.6
UDH3148                 236.65       240.3                 3.65                      3.6          8.5
UDH3148A                 235.9       240.0                  4.1                      3.6          5.9
UDH3149                 245.45       249.6                 4.15                      4.0          6.9
UDH3149A                 238.0       239.7                  1.7                      1.6         16.0
UDH3150                  231.1       237.6                  6.5                      6.5          9.0
UDH3151                  234.4      236.45                 2.05                      1.9          6.2
UDH3153                  234.0       237.3                  3.3                      3.3          8.9
UDH3154                 238.75      245.45                  6.7                      6.3         13.5
UDH3156                  242.0       249.2                  7.2                      7.1          8.7
UDH3179                 152.55      155.45                  2.9                      2.9          7.1
UDH3182                  139.2       140.5                  1.3                      1.1          4.5
UDH3183                  142.2       143.7                  1.5                      1.2         10.2
UDH3228                  248.0      250.05                 2.05                      1.8          5.2
Swan footwall splay mineralization -- drill intercepts outside of mineral reserves
UDE200A                 728.25      743.95                 15.7                     12.0          2.8
UDE204                   671.9       672.7                  0.8                      0.5         42.6
UDE208                   684.5       687.0                  2.5                      2.3          6.2
UDH3124                  225.2       226.0                  0.8                      0.8         17.9
UDH3130                  248.0       249.1                  1.1                      1.0          7.9
Cygnet mineralized zone -- drill intercepts outside of mineral reserves
UDE181A               1,124.05    1,130.65                  6.6                      5.5          6.6
including              1,127.1     1,127.4                  0.3                      0.3         27.9
UDE184A                  956.7       957.0                  0.3                      0.3          1.8
UDE185A                1,054.6     1,056.9                  2.3                      2.1          8.7
UDE195                   222.0       280.7                 58.7                     20.0          4.8
UDE201                  1030.5        1031                  0.5                      0.4          2.7
UDE203                   770.6       771.0                  0.4                      0.3          2.9
UDE204                   820.7       821.0                  0.3                      0.3          5.0
UDE205                  804.45       804.9                 0.45                      0.4          4.6
UDE206                   848.1       848.4                  0.3                      0.3          5.0
UDE207                 1,011.5    1,011.95                  0.5                      0.4          2.1
UDE208                   790.6       790.9                  0.3                      0.3          1.8
UDE209                   888.0       891.1                  3.1                      2.6          7.9
UDE210                   916.6       917.3                  0.7                      0.6          3.2
UDE211                   975.2       977.8                  2.6                      2.2          3.3
UDE243                  617.15      619.75                  2.6                      2.5          2.8
UDE245                   207.7       208.9                  1.2                      1.1          2.2
UDE246                   225.9       227.4                  1.5                      1.2         11.5
UDE247 (1)               212.6       214.4                  1.8                      1.5         28.4
UDE248                  277.05      278.65                  1.6                      1.3          7.9
UDE249                  315.45      316.75                  1.3                      1.1          8.3
UDE250                   338.9       340.0                  1.1                      0.9          3.4
UDE258                   296.1      297.15                 1.05                      0.9          3.0
UDE259                   318.4       325.2                  6.8                      5.6          4.4
UDE260                   319.2       320.9                  1.7                      1.0          3.5
UDE261                   364.1       365.3                  1.2                      1.0          9.3
UDE263                  391.35      392.35                  1.0                      0.8          7.3
UDE265                  754.95      756.25                  1.3                      1.1          9.4
UDE280                  274.65      280.05                  5.4                      4.5         11.2
UDE282                   355.3       357.5                  2.2                      1.2          0.1
UDE282A                  356.0       357.0                  1.0                      0.8          0.0
UDH2831                  371.0       377.0                  6.0                      5.7          6.1
UDH2886                 384.65      388.15                  3.5                      3.2         11.4
UDH2887                 400.65       405.6                 4.95                      3.8          4.1
UDH2928                  379.0      381.95                  3.0                      2.8          4.9
UDH2931                   97.0       101.3                  4.3                      2.3          3.3
UDH2932                   58.0        59.2                  1.2                      1.0         18.8
UDH2933                   69.9       73.85                 3.95                      3.0         11.4
UDH3068                  208.1      209.75                 1.65                      1.4          6.1
UDH3094                  477.4      479.55                 2.15                      1.9          7.2
UDH3122                  266.7       272.6                  5.3                      5.2         12.3
UDH3163                 341.25       343.0                 1.75                      1.4          2.6
UDH3203                  325.0       327.2                  2.2                      1.4          2.4
UDH3106                  240.1       240.8                  0.7                      0.5         10.7
UDE248 (1)              194.55      196.05                  1.5                      1.3          9.2
UDE249                  225.95       226.7                 0.75                      0.3          7.3
UDE259                   272.3       272.6                  0.3                      0.3          0.0
UDE261                  333.55      334.55                  1.0                      0.6         23.1
UDE262 (1)               317.7       318.9                  1.2                      0.9          239
including (1)           318.05      318.45                  0.4                      0.3          701
UDE263                   315.2       316.1                  0.9                      0.5          5.7
UDE280                   198.0       200.6                  2.6                      2.1          3.1
Cob fault mineralization -- drill intercepts outside of mineral reserves
UDE184                 1,049.0     1,051.0                  2.0                      1.7          5.7
UDE185A                1,079.7     1,080.4                  0.7                      0.6          5.7
UDE200                  922.25      925.65                  3.4                      2.4         11.1
      
Notes
(1) Visible gold observed in drill intercept.

We seek Safe Harbor.

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