ONTARIO –
Kirkland Lake Gold of Toronto has a robust underground drilling program underway at its Macassa mine in Kirkland Lake, especially with the discovery of a new gold zone along the ’04 Break.
Drilling in the new zone will continue throughout this year and next in the hope of defining a mineable resource above the 3400 level. Production from that area could begin in 2017 or 2018. Here are the assay highlights: Hole 42-1770 returned 27.4 g/t Au including 102.9 g/t over 0.1 metre. Core from hole 42-1771 assayed 13.4 g/t Au over 0.2 metres.
Underground drilling has also been positive as the South mine complex is traced along the New South zone and the previously identified hanging wall and footwall zones. Recently completed hole 53-3067 intersected the returned 174.2 g/t Au (79.5 g/t cut) over 6.0 metres true width. KL Gold says that wide intersections represent the convergence of the New South zone and a footwall system.
Additional step out drilling in the New South zone to the west included drill hole 53-2933 which returned 878.8 g/t (151.5 g/t cut) over a true width of 0.3 metres, drill hole 53-2934 which returned 42.9 g/t over a true width of 0.2 metres, and drill hole 53-2936 which returned 55.2 g/t over 0.5 metres true width. These intersections have added 43 metres of strike length and joined two previous individual resource areas.
Detailed results from the recent drilling is available at
www.KLGold.com.
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