GOLD: KLG drills 50+ oz per ton at Macassa

ONTARIO – Kirkland Lake Gold reports that surface drill hole AB-13-108 assayed 1,718.06 g/t Au – a whopping 50.11 oz per ton – over 0.6 metres true width at the Macassa property, west of the South Claims boundary, near the...

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ONTARIO – Kirkland Lake Gold reports that surface drill hole AB-13-108 assayed 1,718.06 g/t Au – a whopping 50.11 oz per ton – over 0.6 metres true width at the Macassa property, west of the South Claims boundary, near the town of the same name.

The recent drilling program was mounted to follow up the good results close to the surface associated with the Amalgamated Break. Numerous holes cut a third, previously undiscovered zone of high grade material (Zone 3) west of the currently known mineralization. The work also intersected high grade gold 290 metres below surface, 165 metres deeper than previously encountered. KL Gold says the broad zone of alteration and mineralization associated with the Amalgamated Break have now been defined at over 1,065 metres along strike; and it remains open.

Zone 3 returned more good grades. Hole AB-13-106 assayed 40.45 g/t Au over a true width of 2.19 metres about 145 metres below surface. Hole AB-13-151 intersected the previously unknown hanging wall to Zone 3, and that hole returned 33.59 g/t over 1.00 metre about 70 metres below surface. The company speculates that this mineralization may be related to Zone 1 or Zone 2 which are found 305 metres east of this intersection.

In the quarter ended Jan. 31, 2014, KL Gold produced 13,483 oz of gold. More information is available at KLGold.com.

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