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Kirkland Lake drills new excessive grades outdoors pit shells

by CryptoGuru
November 4, 2021
Kirkland Lake drills new excessive grades outdoors pit shells
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Outdoors the deliberate pit on the Saddle zone, they embody:

  • 22.0 metres at 3.95 g/t gold, together with 4 metres at 12.3 g/t;
  • 36 metres at 2.85 g/t gold, together with 2.1 metres at 18.71 g/t;
  • 54.8 metres at 2.83 g/t gold, together with 2.5 metres at 32.3 g/t and together with 2.8 metres at 10.39 g/t;
  • 41.4 metres at 158 g/t gold, together with 8 metres at 6.33 g/t;
  • 32 metres at 1.58 g/t gold; and
  • 37.5 metres at 1.14 g/t gold.

Outdoors the deliberate pit on the West zone, they embody:

  • 32 metres at 4.77 g/t gold, together with 3 metres at 44.46 g/t;
  • 2 metres at 157.77 g/t gold; 2 metres at 52.9 g/t; 10 metres at 8.21 g/t; 5 metres at 7.99 g/t; 2.2 metres at 17.74 g/t; 2 metres at 17.17 g/t; 21 metres at 2.07 g/t; 21 metres at 1.81 g/t ; and 25 metres at 1.37 g/t gold.

Important intercepts have been additionally drilled from between 600 and 800 metres beneath the West pit useful resource. These embody:

  • 10 metres at 8.21 g/t gold; 2 metres at 157.77n g/t; 2 metres at 18.05 g/t;
  • 12 metres at 2.84 g/t, together with 2 metres at 14.6 g/t and 15.9 metres at 0.93 g/t;
  • 5 metres at 7.46 g/t gold; 16 metres at 1.43 g/t; 5 metres at 7.99 g/t; 19 metres at 1.25 g/t;
  • 13 metres at 1.64 g/t and 15 metres at 1.04 g/t; 21 metres at 1.81 g/t; 25 meters at1.37 g/t; 18 metres at 0.88 g/t; 50.5 metres at 1.81 g/t and a pair of.7 metres at 8.01 g/t;
  • 95.5 metres at 0.98 g/t gold; 25 metres at 0.8 g/t and 38 metres at 0.7 g/t gold.

New excessive grade mineralization was additionally drilled inside the Saddle and future West pit outlines. Drilling west of the Important pit and Saddle zone north of the West pit sources returned assays equally lengthy and powerful as these above. Particulars could be discovered on Kirkland Lake’s web site.

Kirkland Lake is in the midst of an all-stock merger with Agnico Eagle Mines (TSX: AEM; NYSE: AEM), anticipated to shut in late 2021 or early 2022. Kirkland Lake president and CEO Tony Makuch will lead the brand new merged firm.

Potential to develop sources, reserves

“Once we acquired Detour Lake we indicated that the potential existed to considerably develop mineral sources and mineral reserves and, with the in depth exploration success we’re reaching, we’re properly down the trail to reaching that progress,” mentioned Makuch. “In the present day’s drill outcomes embody plenty of huge, high-grade intersections which spotlight the chance we’ve got so as to add vital new mineral sources past the ten.1-million-ounce improve that we not too long ago reported.”

As reported within the up to date useful resource estimate launched final month, the Detour Lake challenge hosts measured and indicated sources of 386.5 million tonnes averaging 0.98 g/t gold (12.2 million contained oz.) and inferred sources of 48.3 million tonnes averaging 0.81 g/t gold (1.1 million contained oz.). Useful resource estimates for the 2021 12 months might be launched within the first quarter of 2022.

(This text first appeared within the Canadian Mining Journal)

CryptoGuru

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