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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 Goldbug52on Oct 13, 2020 9:12am
141 Views
Post# 31706274

RE:Was expecting a higher grade at Detour

RE:Was expecting a higher grade at Detour
bossu wrote:    Was ''guessing'' a grade of 0,89 gr/ton for the Q3
and the grade was ..................0,81
The Q2 grade was a mere........0,79

The total reserves at Detour are calculated at  around 1,0 gr/ton

Just to say that at on point they will increase the 
mix say 0,90 gr /ton.

Worth noting : production was 64 000 tons/days in the Q3 while the production in the Q2 ........62 100 

A mere 0,02 gr/ton grade from 0,79 gr/ton in the Q2  to 0,81 gr/ton in the Q3 and an improve throughtput of 1900 tons/day give 8000 more onces of gold for the quarter .

Just to say that DETOUR will be a game changer in the whole KL opration because:
-Throughtput will be increase in the coming months to 80 000 t/day
-grade will not stay a 0,81 very long and a 0,90 or a little more might be the target in the coming quarters.
Indeed very promising outcome in the coming years with Detour not forgetting the no 4 shaft at Macassa to be in operation in a couple of years.


According to their news release, shaft #4 is scheduled to be complete by the end of this year, no?

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