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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 JRafflesUKon Oct 14, 2018 12:52pm
212 Views
Post# 28797340

just the start at Fosterville

just the start at FostervilleThe October PR reported 7,500 ounce of gold at close to 40gt at Fosterville's Swan zone.

Let's say just over 1 ounce per ton or ore. In this scenario, the Swan zone ore from Fosterville totaled about 7,500 tons.

Since the total Fosterville ore nilled was 113,101 tons, then the Swan proportion only amounted to 6.6% of the total ore milled.

When this % rises to over 50%, then the xurrent Q3 25.6 average gt, will appear to be low grade.

Bullboard Posts