NORTHERN ONTARIO - The $21-million exploration campaign undertaken by KIRKLAND LAKE GOLD near the city of the same name, is boosting the company's confidence in its ability to find 15 million tons of ore in the Main Break, parallel breaks and north-south structures. The latest assay revealed 124.5 ft of core grading 1.43 opt gold, coming from a hole wedged off the equally impressive Hole 50-527, which returned 90.4 ft at 2.3 opt uncut.
The wedged hole has intersected the new discovery 49 ft vertically above and 140 ft up-dip from the discovery hole, Hole 50-627. These intersections are located 1,600 ft south of Macassa mine's No.3 shaft. The apparent true width of the zone at the wedged drill hole is estimated to be between 34 and 35 ft. Follow-up to this wedged hole will be three holes to be drilled to the southwest and one to the northeast. The first hole has started and is intended to intersect the zone 200 ft to the southwest in order to verify strike geometry, says Kirkland Lake.
More information as well as maps and diagrams are posted at www.KLGold.com.
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