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Kirkland Lake Gold Inc: Annual Reserves & Resources for Mine; Continued Increases in the South Mine Complex
Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI) presented its fiscal year-end gold reserve and resource estimates for its operations in Kirkland Lake, Ontario on both the historic Main Break and the recently discovered South Mine Complex.
Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI) presented its fiscal year-end gold reserve and resource estimates for its operations in Kirkland Lake, Ontario on both the historic Main Break and the recently discovered South Mine Complex.
The press release is quoted as saying:
The SMC consists of 25 or more mineralized zones, five of which have been defined over strike lengths in excess of 1,000 feet. During fiscal 2010, the Company concentrated its exploration efforts on the SMC and realized substantial increases in all categories. These increases are attributable to drifting and definition diamond drilling, as well as exploration diamond drilling. During fiscal 2011, the Company will accelerate the exploration drilling program and increase drilling from 172,000 feet in fiscal 2010 to 283,000 feet.
Click here to access the entire press release
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