Kirkland Lake Gold Discovers the Lantern Gold Deposit at the Cosmo Mine

Kirkland Lake Gold (“KL Gold” or the “Company”) (TSX:KL)(OTCQX:KLGDF) is pleased to report the discovery of the Lantern Gold Deposit within the Company’s Northern Territory (“NT”) Operations, at its Cosmo Mine (“Cosmo”), from underground exploration drilling. The results released today from 25 diamond drill holes (totaling 5,973m), are part of the Cosmo Mine exploration program, specifically targeted to test down-plunge extensions of the Cosmo Open Pit (Figures 1 & 2).
As quoted in the press release:

Mr. Tony Makuch, President and Chief Executive Officer, KL Gold commented: “The success of the 2016 exploration program at the Cosmo Mine, in particular, the Lantern Deposit discovery, has significantly enhanced the potential of the operation. To date, over 800,000 ounces has been mined from Cosmo’s open pit and underground operations. We are excited with the recent discovery of the Lantern Deposit, located parallel to the Cosmo underground gold mineralization, as it illustrates significant potential to expand resources and become a new near term mining front under the open pit. The Lantern Deposit is located within 100 metres of underground infrastructure and remains open for expansion along strike and down plunge. These successful exploration results demonstrate the discovery and expansion potential of the Cosmo gold camp and we intend to follow up on additional high priority targets in the area.”

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