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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 InvestInTheBeston Feb 09, 2016 3:43pm
301 Views
Post# 24541075

Undervalued opportunity (at half a penny !) right next door

Undervalued opportunity (at half a penny !) right next door
Plato Gold (v.PGC) holds the land that is adjacent and surrounds Kirkland Lake Gold/St. Andrew's Goldfield's Holt and Holloway mines.

The combination of St. Andrew's Goldfields and Kirkland Lake Gold needs this property to extend the life of the Holt and Holloway mines.
 
As per the bottom of Plato Gold's (v.PGC) news releases...
 
"The Northern Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario. In November 2010, Plato signed an agreement granting St Andrew Goldfields Ltd. the option to earn a 75% interest in the above properties. Currently the Holloway and Marriott properties remain in good standing. In July 2012, Plato sold a 50% interest in the Guibord property to Victory Gold Mines Inc. who amalgamated with Northern Gold Mining Inc. on February 6, 2013. In February 2013, Plato sold an 80% interest in the Harker property to Northern Gold Mining Inc."

The following map shows Plato Gold's Holloway, Marriott, Guibord and Harker properties.

 

Link to the map on St. Andrew's Goldfield's website: https://www.sasgoldmines.com/i/maps/MAP_Holt2014.jpg

 

image: https://www.sasgoldmines.com/i/maps/MAP_Holt2014.jpg

https://www.sasgoldmines.com/i/maps/MAP_Holt2014.jpg
Bullboard Posts