Kirkland Lake Gold Ltd. T.KL

Was expecting a higher grade at Detour

[bossu]

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.

[Goldbug52]

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

[bossu]

Target competion of the shaft sinking end of 2020 but production to 400 000 oz/year by 2023. Lots of work after the shaf sinking... Information at the last presentation ''Gold Forum America '' Sept 21 2020 4,000 tpd hoisting capacity To be completed in one phase to 6400’ by late 2020 Benefits include production growth, lower unit costs, improved ventilation and working

[PulpCutter]

Shaft #4 due 2022, not 2020.  That's obviously a typo; they're at 3300' now, and aren't going another 3000' in 3 months.

[PulpCutter]

See any of the recent MD&A's to verify the 2022 date.