GOLD: KL Gold confirms grade and continuity of the South mine complex on the HM claim

ONTARIO – Underground drilling in the South mine complex (SMC) has confirmed the gold grade and continuity of the HM claim, formerly a part of the Queenston Mining joint venture property near Kirkland Lake.

ONTARIO – Underground drilling in the South mine complex (SMC) has confirmed the gold grade and continuity of the HM claim, formerly a part of the Queenston Mining joint venture property near Kirkland Lake.

The HM claim lies about 610 metres southeast of the No.2 shaft at the Macassa gold mine. The area hosts the eastern strike of the SMC. Of particular interest were inferred resource blocks within a larger combined indicated and inferred resource area as well as along the fringe areas targeting the New South zone (NSZ) and a parallel Hanging Wall zone (HWZ).

Here are some highlights:

  • The NSZ was extended 27.1 metres down dip from previous intersections with assays such as 276.0 g/t Au uncut (172.1 g/t cut) over a true width of 2.0 metres in hole 53-2705. Hole 53-2822 assayed 135.8 g/t uncut (118.5 g/t cut), also over a true width of 2.0 metres.
  • The NSZ was also extended 32.0 metres up dip and 16.2 metres east from previous intersections. Hole 53-2704 returned 62.7 g/t Au over a true width of 0.4 metres, and hole 53-2659 returned 64.8 g/t over 0.6 metres.
  • Three new intersections were made in the HWZ that helped define it over a length of 60.1 metres with a 30.5 metre dip. Hole 53-2699 returned 126.5 g/t uncut (74.4 g/t cut) over a true width of 2.1 metres. Hole 53-2701 returned 104.2 g/t uncut (40.5 g/t cut) over a true width of 4.8 metres. Lastly, hole 53-2818 returned 57.2 g/t uncut (44.6 g/t cut) over a true width of 1.8 metres.

Detailed drilling information from one of the world's highest grade gold mines is available at KLGold.com

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