KIRKLAND LAKE, Ontario The Macassa gold mine has been re-opened by KIRKLAND LAKE GOLD with the first of regular gold pours this week. The company purchased the Macassa mine and mill, plus the Kirkland Minerals, Teck-Hughes, Lakeshore and Wright-Hargreaves properties (all former producers) in December 2001.
The 4,525-ft Macassa No.2 shaft has been recommissioned as has the 7,225-ft No.3 shaft to the 5000 level. A new booster pump is speeding the dewatering at No.3 so that the loading pocket on the 5150 level can again be used. Ore is being mined from both these areas. The Lakeshore/Teck-Hughes/Wright-Hargreaves ramp is also in production.
Kirkland Lake is now able to make a resource estimate for the newly-discovered D zone in the Macassa mine. The zone contains about 71,200 tons at 0.74 opt Au in indicated resources and 48,500 tons at 0.62 opt Au in inferred resources. The mine plan is being reviewed to upgrade these categories.
On March 26, 2003, Kirkland Lake president Brian Hinchcliffe was interviewed for Report on Business Television. That video is available at www.klgold.com.