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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

Comment by bossuon Oct 05, 2020 11:11am
183 Views
Post# 31666627

RE:Q3

RE:Q3Very difficult indeed to hit the good number !
I have shown my ''color''some days ago.
I gave some explanation :
At Detour the grade in the Q2 at 0,79 gr /ton looked to me very low compare to the reserves at around 1,0 gr/ton .So 0,89 gr/ton was my guestimate assuming that they are processing new ores .
At Macassa I took the Q1 numbers or so and Fosterville at the same level of the Q2 .
So a guestimate  of 350 000 oz for a total of 1 010 634 at September 30 .and 390 000 in the Q4 to reach Tony's top guidance for 2020 at 1 400 000 oz as per announcement on June 30 2020.
Mid guidance would need a production of 365 000 oz.
G Announced guidance on June 30 :
«Production guidance of 1.35 million to 1.4 million ounces compares with withdrawn guidance for 2020 of 1.47 million to 1.54 million ounces and 2019 production of 974,615 ounces.»
Remember by guestimate on the Q2 was right on!
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