ONTARIO - KIRKLAND LAKE GOLD (KLG), headquartered in the city of the same name, has cut an amazing 9.60 oz/ton (329.1 g/t) Au over 10.7 ft from below the 5300 level of its Macassa gold mine. One exceptional hole does not a new deposit make, but other holes returned 3.43 oz over 11.9 ft and 2.16 oz over 18.5 ft. Several such intersections may shape up to be a new ore source south of the No.3 shaft.
High grades are hardly a surprise in the Kirkland Lake gold camp, but KLG just keeps finding more. One hole in the newly designated No.7 break returned 24.67 oz/ton over 2.4 ft, including a 58.80 oz/ton grade over 1.0 ft.
The Macassa gold mine was reopened in 2004 by KLG, producing 19,342 oz that year and 45,865 oz in 2005. KLG holds property including the former Kirkland Minerals, Teck-Hughes, Lake Shore and Wright Hargreaves mines as well as the Macassa mine. This is the first time all these properties have been explored by a single owner.
Learn more at www.KLGold.com.