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Kirkland Lake Gold Ltd. T.KL

Metals & Mining Gold
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

Kirkland Lake Gold Ltd.
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Comment by PulpCutteron Jul 28, 2018 1:50pm
121 Views
Post# 28381262

RE:RE:RE:RE:Response from IR about drilling results

RE:RE:RE:RE:Response from IR about drilling resultsApologies:  Fosterville $141/tonne mined.  Taylor $117/tonne mined

Macassa Q1 2018: 87K tonnes mined, yeilding 54k ounces, for production cost of $26.7M.  Mining cost $307/tonne mined. 

Holt Q1 2018: 122K tonnes mined, yeilding 16.6k ounces, for production cost $11.7M.  (I don't know if this includes the royalty).  Mining cost $96/tonne milled.

Look how much more it costs to move ore out of that deep narrow-vein Macassa mine, with the SMC so far from shaft #2.  That's why the new shaft #4 will drop the costs/tonne so much.

Holt looks like a real pig, in this comparison.
Bullboard Posts
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