Exploration Success Continues In The South Mine Complex

 

TORONTO - Kirkland Lake Gold Inc. reported on the underground exploration drilling program on the South Mine Complex (SMC) at the Company's Macassa Mine Complex.

New South Zone (NSZ) extended 180 feet (54.9 meters) down dip from previous intersections. Drill hole 53-2593 returned 1.85 ounces per ton (opt) (63.4 grams per tonne (gpt)) over a true width of 11.6 feet (3.5 meters). Drill hole 53-2597 returned 0.36 opt (12.3 gpt) over a true width of 14.7 feet (4.5 meters). Deepest NSZ intersections to date on the South Claims (-5837 elevation). New high grade parallel footwall mineralization intersected zone, which assayed 3.55, opt (121.7 gpt) over a true width of 10.5 feet (3.2 meters).

George Ogilvie, Chief Executive Officer said, "Ongoing exploration will continue to add to the resource and reserve base of the Kirkland Lake Mine Complex and especially in the SMC. This supports our initial goal of defining a multi-million ounce resource on the South Claim properties purchased from Queenston Mining. These recent results continue to show exceptional grades, which confirms the high-grade nature of the deposit, even with minimum mining widths applied. Encouragingly, the SMC remains open to the east and at depth paving the way for further exploration success.

The current phase of the underground exploration program is being conducted from the 5,300 foot level near the SMC, and was designed to further extend and upgrade resources on the South Claims as a continuation of the program.

Exploration plans for 2015 will include further testing of the New South Zone further east and down dip of the current resource area. Follow up drilling on new footwall zones will be completed as well.