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- Kirkland Lake Gold (KLA) gets results from drilling at the Detour Lake mine in Ontario, Canada
- Most of the new holes were drilled in the Saddle zone which is nested between the Main Pit and planned West Pit locations
- The assays have confirmed mineralisation both within and outside the resource pit shell and drilling is continuing to further grow the mineral resource
- Company shares have ended the day 6.76 per cent in the green at $56.70 each
Kirkland Lake Gold (KLA) has received results from 39 holes drilled along the Detour Mine Trend (DMT) which is part of the Detour Lake mine in Ontario, Canada.
Most of the new holes were drilled in the Saddle zone which is nestled between the Main Pit and planned West Pit locations.
The new results are the seventh batch of results from the 2020/2021 exploration program which aimed to expand the mineral resource and convert a large portion of the measured and indicated resources into mineral reserves.
Positively, the results have confirmed mineralisation within recently updated resource pit shells. Best results from within the Saddle zone include 25.3 metres at 20.1 grams per tonne (g/t) of gold, including six metres at 67.02 g/t gold, and 30 metres at 3.31 g/t gold, including three metres at 16.18 g/t gold.
Drilling outside and adjacent to the updated resource pit shells intersected new high-grade mineralisation.
Best results from outside the pit shell within the West Pit Zone include 32 metres at 4.77g/t gold including three metres at 44.46g/t gold, and two metres at 157.7g/t gold.
“Today’s drill results include a number of wide, high-grade intersections which highlight the opportunity we have to add significant new mineral resources beyond the 10.1-million-ounce increase that we recently reported,” President and CEO Tony Makuch said.
“The results continue to confirm the existence of a broad and continuous corridor of mineralization extending over four kilometres from the Main Pit through the Saddle Zone to beyond the planned West Pit location to a depth of at least 800 metres below surface with the system remaining open.”
The drilling program is ongoing to further grow the mineral resource at the project.
Company shares ended the day 6.76 per cent in the green to $56.70 each.
