Kirkland Lake Drills Large Gold Intervals Outside of Detour Lake Resources

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Highlights of the Central Saddle zone include 26.9 meters grading 13.95 g / t gold; and 58 meters of 3.63 g / t gold. Drilling in the eastern part of Saddle returned 105.9 meters at 1.21 g / t gold; and 120.3 meters grading 1.1 g / t gold, confirming continued mineralization to the west and below the main pit resources and reserves.

The notable intersections of the zones located under the reserves of the West pit include 119 meters of 1.47 g / t gold; and 128 meters of 0.92 g / t gold. The lands west of the West Pit returned 11.3 meters of 2.34 g / t gold, with mineralization extending 300 meters west of the remaining reserves.

“With today’s results, we are increasingly convinced that a large continuous deposit is located along the Detour Mine Trend (DMT) which stretches from the main pit to the Saddle area and continues beyond the location of the west pit. We are also extremely encouraged by the wide and high grade intersections reported at depth in the Saddle Zone, which confirm the potential for strong growth of mineral resources and mineral reserves in support of future surface and underground mines, ”Tony Makuch, president and chief executive officer of Kirkland Lake Gold, said in a statement.

Makuch added that the company plans to release an updated NI 43-101 technical report for Detour Lake by the end of March, which will describe a production profile in line with the company’s earlier forecast of 680,000 to 720,000 ounces. per year between 2021 and 2023 from the surface mine, increasing to approximately 800,000 ounces. annually in 2025. The report will not include any drilling completed by Kirkland Lake Gold since the acquisition of the asset – these results will be incorporated into a new mining plan which is expected early next year.

Results from the Sadddle center suggest a style and grade of mineralization similar to that of the existing main and western pits with wide, high-grade gold intervals near the lower limits of the existing resource shell. Trend analyzes from the Detour mine, east of the west pit, appear to confirm the continuity of mineralization through the western part of Saddle and into an area below the west pit.

Exploration at Detour Lake continues with 12 drill rigs, which are expected to drill approximately 270,000 meters by year end.

(This article first appeared in the Canadian mining journal)

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