Deour Lake Presentation...hevad1 Thank you for posting this excellent presentation on Detour Lake.
Very informative and with the actual drilling program and partial results published on Sept 2 already announcing :
«KIRKLAND LAKE GOLD ANNOUNCES 10.1 MILLION OUNCE INCREASE IN MEASURED AND INDICATED MINERAL RESOURCES AT DETOUR LAKE MINE»
This presentation does not take into account the additional reserves to Sept 2 and what will be added to the actual drilling in the coming months.
The 5 years program to 2025 is excellent and actual production at 23 M tons/year to be increased at 28 M tons in 2025 and production for 2021 budgeted at 680 -720 000 oz and increase to 800 000 oz in 2025.
With the extra mineral resources already announced Detour does already have the permit to grow the production at 32.8 M t/day.
The cost to increase production from 23 M t/d to 28 M t /d is
$ 65 M to $ 75 M and resulting in an increase of 100 000 oz/year in 2025.
Year AISC
2021 $ 844
2022 $ 780
2023 $ 792
2024 $ 741
2025 $725
Average AISC $ 775 from 2021 to 2025
No doubt in my mind that in a couple of year production will be revised higher with new upward target,
Just to say that at that time Kl will be the largest and more profitable Gold Mine in all the world !
Surely a very good investement in any portfolio and of course I have been a ''convinced ''follower''since 2017.
Cheers and Happy Labour Day