Kirkland Lake Gold Inc.

KGI is an operating and exploration gold Company in Kirkland Lake, Ontario which is located in the Lower Abitibi Greenstone belt in northeastern Ontario.

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Message: Kirkland Gold Reports Drill Results From Fosterville Mine, Australia
2017-05-03 12:41:00 PM ET (MT Newswires)
   
   

12:41 PM EDT05/03/2017 (MT Newswires) -- Kirkland Lake Gold Ltd. (KL.TOon Wednesday reported further drill results from underground drilling at Fosterville Mine in Australia. The company said recent drill results returned from 59 underground holes totaling 14,070 meters into extensions of the Lower Phoenix gold system continue to return some of the highest gold grades seen at Fosterville. .

Kirkland said a drill program consisting of 20 holes, totaling 7,791m in the Harrier South gold system reaffirms the increasing grade tenor of the Harrier Mineral Reserve at depth.

Underground Drilling Highlights at Fosterville Mine

381 g/t Au over 2.8m (Estimated True Width ETW 2.5m), including 1,062 g/t Au over 1.0m (ETW 0.9m) in hole UDH1982

345 g/t Au over 7.0m (ETW 6.4m), including 4,550 g/t Au(1) over 0.5m (ETW 0.4m) in hole UDH1991

645 g/t Au over 1.3m (ETW 1.1m) in hole UDH1978

Drilling on the Harrier Base Structure continues to return high-grade mineralization including:

25.6 g/t Au(1) over 3.85m (ETW 3.7m) in hole UDH1987

10.1 g/t Au over 10.55m (ETW 10.1m) in hole UDH1913

Price: 9.04, Change: -0.04, Percent Change: -0.44

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