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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Bullboard Posts
Post by westcoast2019on Jul 30, 2019 9:11pm
133 Views
Post# 29977395

No Drill Results yet ??

No Drill Results yet ??

Last year Fosterville drill results came out July 31 / Company Q2 earnings Aug 1

 

2017 Fosterville mineral reserve update July 27 / Comany Q2 earnings Aug 2

 

Still no exploration results yet maybe they are so good they had to reassess to make sure :-))

 

---------------------------------Exploration and evaluation expenditures for YTD 2019 totaled $72.3 million (including capitalized exploration), which compared to full-year 2019 guidance of $100 - $120 million. Of total exploration expenditures, approximately $66.1 million were in Australia, including $49.6 million in the Northern Territory and $16.5 million at Fosterville. During Q2 2019, the Company accelerated advanced exploration work in the Northern Territory, including increasing underground development in support of a potential resumption of operations later this year. Drilling in the Northern Territory in YTD 2019 focused on infill and extension drilling at the Lantern and Cosmo deposits and the continued evaluation of targets at Union Reefs and, commencing in Q2 2019, at Pine Creek. Drilling at Fosterville focused on underground drilling in the Lower Phoenix and Harrier systems, surface drilling at Robbin’s Hill, as well as exploration work at a number of regional targets. In Canada, exploration expenditures for YTD 2019 totaled $6.2 million and mainly focused on drilling at Macassa and Taylor in support of growing and converting Mineral Resources as well as identifying new areas of high-grade mineralization.


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