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Kirkland Lake Gold Ltd. 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

Post by bossuon Apr 01, 2021 12:40pm
212 Views
Post# 32923418

Dramatic AISC reduction (Part2)

Dramatic AISC reduction (Part2)«
  • Low unit costs, including average operating cash costs of $524 per ounce and all-in sustaining costs per ounce of $775 in first five years (2021 to 2025);
Projecting the Q1 2021 production and using AISC of $ 775 /oz

................Production.....AISC...total
Detour        170 000     $ 775  131 750 000 
Macassa      52 000......$695    36 140 000
Fosterville  150 000.....$ 314    47 100 000

Total         372 000 .................$.214 990 000

.........AISC $ 578 /oz....

AISC considering $ 775 in first five year (2021) as per report 

As a complement information :

Results AISC for 2020 $ 800/oz
Guidance for 2021............AISC   $ 790/$ 810 /oz


So it seems lokely that we may expect a dramatic drop in the  AISC in the coming quarter and up to $ 222 /oz

Quite clear that KL will become a ''stunning'' AISC gold producer in the next futur.
Great numbers.
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