The Conversation (0)
Kirkland Lake Gold (TSX:KGI) reported results of drilling at its underground exploration drilling program at its South Mine Complex. Highlights included one intercept of 386.7 grams per tonne of gold, uncut, over a true width of 7.5 meters.
Kirkland Lake Gold (TSX:KGI) reported results of drilling at its underground exploration drilling program at its South Mine Complex. Highlights included one intercept of 386.7 grams per tonne of gold, uncut, over a true width of 7.5 meters.
As quoted in the press release, highlights of results included:
- NSZ intersected in drill hole 53-2891B returned 386.7 grams per tonne (“g/t”) uncut, (73.4 g/t cut) or 11.28 ounces per ton (“opt”) uncut (2.14 oz/t cut) over a true width of 7.5 metres (24.6 feet). Intersected at the -5653 foot elevation (1,723 metres below surface).
- Drill hole 53-2891B returned several high grade intervals including 5,678.8 g/t or (165.63 opt) over a true width of 0.3 metres (1.0 feet), 396.7 g/t (11.57 opt) over a true width of 0.6 metres (2.0 feet) and 1,845.6 g/t (53.83 opt) over a true width of 0.4 metres (1.3 feet). The NSZ remains open to the west and down-dip from this intersection. Drill hole 53-2694A, located 19.8 meters east of 53-2891B returned 25.7 g/t (0.75 opt) over a true width of 3.2 metres 10.6 feet). A previously identified FWZ was intersected in this drill hole and returned 243.4 g/t uncut or 120 g/t cut (7.10 opt uncut or 3.5 opt cut) over a true width of 0.2 metres (0.8 feet).
- New and previously identified FWZ and HWZ intersected.
- Drill hole 53-2780 intersected two new hanging wall veins which returned 26.4 g/t (0.77 opt) over a core length of 1.5 metres (4.9 feet), and 39.4 g/t (1.15 opt) over a core length of 0.7 meters (2.3 feet). In addition, this drill hole intersected a previously identified footwall vein which returned 556.8 g/t or 120 g/t cut (16.24 opt uncut or 3.5 opt cut) over a true width of 0.2 meters (0.6 feet).
Kirkland Lake CEO, George Ogilvie, said:
The SMC remains an important zone for the Company and these results released today on the South Claims combined with the previously released results from the HM claim are encouraging for the future delineation and expansion of this zone. Drilling continues to intersect high grade mineralization further expanding the zone. We will continue to spend approximately 68% of our exploration efforts on the SMC drilling in 2016.