Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
reported new drill results from underground exploration drilling at
the Macassa Mine in Kirkland Lake, Ontario. The new results include
71 drill holes (29,207 m) of drilling from the east and west
exploration drifts on the 5300-foot level (“5300 Level”) as well as
from the 5600 Level Ramp Development (“5600 Ramp”). Results being
reported today are from four underground drill rigs focused on
three key target areas, the SMC East, SMC West and the Amalgamated
Break. Drilling from the 5300 Level and 5600 Ramp will continue
throughout the remainder of 2019, with an additional two drill rigs
having recently been added to the exploration program.
A total of 41 drill holes for 18,943 m drilled
to the east of the SMC from the 5300 Level east exploration drift
intersected high-grade mineralization approximately 200 m northeast
of the existing Mineral Resource (Figure 2). A total of 16
drill holes for 6,401 m of drilling were completed from the 5300
Level west exploration drift targeting zones west of the SMC as
well as in the Lower SMC. Results from this drilling include
high-grade intersections up to 275 m west of existing Mineral
Resources (see Figure 2) and 25 m further west of high-grade
intersections reported in the Company’s news release dated May 2,
2019. An additional 14 drill holes for 3,863 m of drilling
were completed from the 5300 Level west exploration drift and the
5600 Ramp targeting the Amalgamated Break and associated hanging
wall mineralization (Figure 3). This drilling resulted in new
high-grade intersections up to 175 m west of existing SMC Mineral
Resources and within previously identified high-potential target
areas along the Amalgamated Break (see news release dated May 2,
2019 for more information).
Tony Makuch, President and CEO of Kirkland Lake
Gold, commented: “Today’s results continue to highlight the
significant potential we have to grow Mineral Resources at Macassa
to the east and west of the SMC, as well as in the Lower SMC. Very
importantly, today’s results also include new high-grade
intersections along the Amalgamated Break, in two key target areas
we identified earlier this year. The results support our view that
the Amalgamated Break offers substantial exploration potential and
represents a whole new chapter for exploration in the area, given
that it extends parallel to the Main and “04” Breaks through the
Kirkland Lake gold camp. We will follow up on today’s results over
the balance of this year and look to expand our exploration efforts
along the Amalgamated Break going
forward.”
SMC East
A total of 41 drill holes for 18,943 m of
drilling has recently been completed from the 5300 Level east
exploration drift targeting the SMC East (Figure 2). The SMC East
comprises a shallow dipping (~30 degrees) mineralized horizon
including localized high-grade gold bearing quartz veins and/or
structural features. Exploration drilling intersected high-grade
gold mineralization approximately 200 m northeast of the current
resource area, further supporting the potential for resource
growth. Key intersections from the new drill results include:
111.8 g/t over 2.1 m true width in Hole 53-3790 (SMC
East), 53.0 g/t over 2.1 m true width in Hole
53-3853 (SMC East), 49.2 g/t over 2.0 m core
length in Hole 53-3818 (Footwall Zone, true width
unknown). Refer to Table 1 for a complete list of drill
hole results. Diamond drilling from this current drill platform has
been ongoing since Q1 2019 and will continue through the end of the
year. Exploration development will be ongoing to the east on 5300
Level for the remainder of 2019 and will continue into 2020 to
support further exploration efforts on the SMC East and other
targets.
SMC West
A total of 16 drill holes for 6,401 m of
drilling has recently been completed from the 5300 Level west
exploration drift targeting the SMC West (Figure 3). Results from
this drilling include high-grade intersections up to 275 m west of
existing Mineral Resources and 25 m further west of high-grade
intersections reported in the Company’s news release dated May 2,
2019. The SMC West comprises shallow and steep dipping
mineralized zones including localized high-grade gold bearing
quartz veins and/or structural features. As drilling continues to
extend the mineralized area further west and away from the current
Mineral Resource, follow up infill drilling will be required to
confirm the geometry of individual zones. As such, true
widths have not yet been calculated for assay composites during
this phase of the drill program. Drill holes of note in this area
include: 46.5 g/t over 2.0 m core length in Hole 53-3784
(true width unknown), 24.4 g/t over 2.0 m core
length in Hole 53-3781 (true width unknown) and
17.7 g/t over 2.2 m core length in Hole 53-3752 (true width
unknown). Refer to Table 2 for a completed list of drill
hole results. Exploration development during the first half of
2019, as well as the excavation of a diamond drill bay an
additional 165 m west of the current platform in early Q3, will
allow for additional exploration drilling on SMC West targets
during the second half of the year.
Amalgamated Break and Hanging
Wall
A total of 14 holes for 3,863 m of drilling is
being reported from drilling off of the 5300 Level west exploration
drift and the 5600 Ramp targeting the Amalgamated Break and South
SMC (Figure 3). This early-stage drilling program is focused
on mineralization associated with the steeply dipping Amalgamated
Break deformation zone. The current phase of the exploration
drilling program has been successful in intersecting additional
high-grade mineralization within the deformation zone, as well as
in localized zones outside of the main deformation zone.
Drill holes of note in this area include: 108.2 g/t over
3.3 m core length in Hole 56-735A (true width unknown),
51.3 g/t over 2.0 m core length in Hole 56-749 (true width
unknown) and 20.1 g/t over 5.4 m core length in
Hole 53-3839 (true width unknown). The shallow dipping SMC
is bounded to the south by the Amalgamated Break and the area
drilled during this phase occurs where the shallow dipping SMC
transitions into the Amalgamated Break. Further drilling and
interpretation work are necessary to confirm geometries of
individual intercepts. Refer to Table 2 for a completed list of
drill hole results. The Amalgamated Break has been largely
untested and represents an important emerging exploration target
which remains open and represents a highly prospective target area
for the addition of new Mineral Resource ounces. Drilling to follow
up on the down dip and eastern and western extent of this
mineralization will continue throughout 2019.
To view the figures accompanying the
press release, please click on the following links:
Figure 1. Mine Plan View – South Mine
Complex: https://www.globenewswire.com/NewsRoom/AttachmentNg/9f1224c3-9d54-4813-ba6f-4ea037e534c7
Figure 2. Plan View – SMC
East: https://www.globenewswire.com/NewsRoom/AttachmentNg/aa39d1d1-337c-4135-9b07-28f4bfdfc185
Figure 3. West Drilling – Longitudinal View
(Looking
Northwest): https://www.globenewswire.com/NewsRoom/AttachmentNg/ef39826d-b8aa-4480-b531-d7a78632c467
2019 Underground Exploration
Development
Underground development on the 5300 Level will
be ongoing throughout 2019 and is scheduled to include 350 m of
advancement to the east and 429 m of advancement to the west,
including all track development and the excavation of diamond drill
bays. This development is part of an ongoing effort to expand
the SMC in all directions and to test for, and define, new target
areas.
Two more drills have recently been added to the
underground exploration program at Macassa to expedite the current
drilling program and test additional areas of the SMC and
Amalgamated Break. It is anticipated that exploration
drilling will continue with six underground diamond drills for the
remainder of the year.
Qualified Person
The Company’s exploration programs at Macassa
are conducted under the supervision of Eric Kallio, P.Geo., Senior
Vice President, Exploration. Eric Kallio is the ‘qualified person’
for the purpose of National Instrument 43-101, Standards of
Disclosure for Mineral Projects, of the Canadian Securities
Administrators, and has reviewed and approved the scientific and
technical information in this news release.
QA/QC Controls
The Company has implemented a quality assurance
and control (“QA/QC”) program to ensure sampling and analysis of
all exploration work is conducted in accordance with best
practices. The drill core is sawn in half with one half of the core
samples shipped to Swastika Laboratories in Swastika, Ontario. The
other half of the core is retained for future assay verification.
Other QA/QC includes the insertion of certified reference
standards, blanks and the regular re-assaying of pulps and rejects
at alternate certified labs. Gold analysis is conducted by fire
assay using atomic absorption or gravimetric finish. The laboratory
re-assays at least 10% of all samples and additional checks may be
run on anomalous values.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a growing gold
producer operating in Canada and Australia that produced 723,701
ounces in 2018 and is on track to achieve significant production
growth over the next three years, including target production of
950,000 – 1,000,000 ounces in 2019, 930,000 – 1,010,000 ounces in
2020 and 995,000 – 1,055,000 ounces in 2021. The production profile
of the Company is anchored by two high-grade, low-cost operations,
including the Macassa Mine located in Northern Ontario and the
Fosterville Mine located in the state of Victoria, Australia.
Kirkland Lake Gold's solid base of quality assets is complemented
by district scale exploration potential, supported by a strong
financial position with extensive management and operational
expertise.
For further information on Kirkland Lake Gold
and to receive news releases by email, visit the website
www.klgold.com.
Cautionary Note Regarding Forward-Looking
Information
This Press Release contains statements which
constitute ”forward-looking statements” within the meaning of
applicable securities laws, including statements regarding the
plans, intentions, beliefs and current expectations of the Company
with respect to the future business activities and operating
performance of the Company. The words “may”, “would”, “could”,
“should”, “will”, “intend”, “plan”, “anticipate”, “believe”,
“estimate”, “expect” and similar expressions, as they relate to the
Company, are intended to identify such forward-looking statements.
Investors are cautioned that forward-looking statements are based
on the opinions, assumptions and estimates of management considered
reasonable at the date the statements are made such as, without
limitation, opinion, assumptions and estimates of management
regarding the Company’s business, including but not limited to; the
continued exploration programs on the SMC and Amalgamated
Break mineralization, the timing and results thereof; the
ability to continue to expand the SMC and Amalgamated Break
and to increase levels of resources and the anticipated timing
thereof; the potential to increase the level of resources and
reserves and potential conversion of mineral resources; the
anticipated completion date of the #4 shaft and potential impact
and benefits thereof; the amount of future production over any
period; and assumptions made relating to operating cash costs based
on forecasts and projections. Such opinions, assumptions and
estimates, are inherently subject to a variety of risks and
uncertainties and other known and unknown factors that could cause
actual events or results to differ materially from those projected
in the forward-looking statements. These factors include the
Company's expectations in connection with the projects and
exploration programs being met, the impact of general business and
economic conditions, global liquidity and credit availability on
the timing of cash flows and the values of assets and liabilities
based on projected future conditions, fluctuating gold prices,
currency exchange rates (such as the Canadian dollar versus the
United States Dollar), possible variations in ore grade or recovery
rates, changes in accounting policies, changes in the Company's
corporate mineral reserves and resources, changes in project
parameters as plans continue to be refined, changes in project
development, construction, production and commissioning time
frames, the possibility of project cost overruns or unanticipated
costs and expenses, higher prices for fuel, power, labour and other
consumables contributing to higher costs and general risks of the
mining industry, failure of plant, equipment or processes to
operate as anticipated, unexpected changes in mine life,
seasonality and unanticipated weather changes, costs and timing of
the development of new deposits, success of exploration activities,
permitting time lines, government regulation of mining operations,
environmental risks, unanticipated reclamation expenses, title
disputes or claims, and limitations on insurance, as well as those
risk factors discussed or referred to in the Company's annual
Management's Discussion and Analysis and Annual Information Form
for the year ended December 31, 2018 and its filings for the
quarterly period ended June 30, 2019, filed with the securities
regulatory authorities in certain provinces of Canada and available
at www.sedar.com.
Should one or more of these risks or
uncertainties materialize, or should assumptions underlying the
forward-looking statements prove incorrect, actual results may vary
materially from those described herein as intended, planned,
anticipated, believed, estimated or expected. Although the Company
has attempted to identify important risks, uncertainties and
factors which could cause actual results to differ materially,
there may be others that cause results not to be as anticipated,
estimated or intended. The Company does not intend, and does not
assume any obligation, to update these forward-looking statements
except as otherwise required by applicable law.
Cautionary Note to U.S. Investors - Mineral
Reserve and Resource Estimates
All resource and reserve estimates included in
this news release or documents referenced in this news release have
been prepared in accordance with Canadian National Instrument
43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101")
and the Canadian Institute of Mining, Metallurgy and Petroleum (the
"CIM") - CIM Definition Standards on Mineral Resources and Mineral
Reserves, adopted by the CIM Council, as amended (the "CIM
Standards"). NI 43-101 is a rule developed by the Canadian
Securities Administrators, which established standards for all
public disclosure an issuer makes of scientific and technical
information concerning mineral projects. The terms "mineral
reserve", "proven mineral reserve" and "probable mineral reserve"
are Canadian mining terms as defined in accordance with NI 43-101
and the CIM Standards. These definitions differ materially from the
definitions in SEC Industry Guide 7 ("SEC Industry Guide 7") under
the United States Securities Act of 1933, as amended, and the
Exchange Act.
In addition, the terms "Mineral Resource",
"measured Mineral Resource", "indicated Mineral Resource" and
"Inferred Mineral Resource" are defined in and required to be
disclosed by NI 43-101 and the CIM Standards; however, these terms
are not defined terms under SEC Industry Guide 7 and are normally
not permitted to be used in reports and registration statements
filed with the U.S. Securities and Exchange Commission (the "SEC").
Investors are cautioned not to assume that all or any part of
mineral deposits in these categories will ever be converted into
reserves. "Inferred Mineral Resources" have a great amount of
uncertainty as to their existence, and great uncertainty as to
their economic and legal feasibility. It cannot be assumed that all
or any part of an Inferred Mineral Resource will ever be upgraded
to a higher category. Under Canadian rules, estimates of Inferred
Mineral Resources may not form the basis of feasibility or
pre-feasibility studies, except in very limited circumstances.
Investors are cautioned not to assume that all or any part of a
Mineral Resource exists, will ever be converted into a Mineral
Reserve or is or will ever be economically or legally mineable or
recovered.
FOR FURTHER INFORMATION PLEASE
CONTACT
Anthony Makuch, President, Chief Executive
Officer & DirectorPhone: +1 416-840-7884E-mail:
tmakuch@klgold.com
Mark Utting, Vice-President, Investor
RelationsPhone: +1 416-840-7884E-mail: mutting@klgold.com
Table 1. Complete List of Reported Drill
Holes – SMC East
Drill Hole |
Target |
COLLARS - UTM NAD 83 |
Direction |
|
Core Interval |
Results |
|
Easting |
Northing |
Azimuth (°) |
Dip(°) |
Hole Length (m) |
From (m) |
To (m) |
Length (m) |
Au_GPT |
Capped |
True Width (m) |
53-3624 |
SMC EAST |
570024 |
5331723 |
312 |
-36 |
564 |
273.1 |
275.1 |
2.0 |
4.1 |
|
1.8 |
53-3625 |
FW |
570025 |
5331723 |
321 |
-32 |
546 |
482.3 |
484.3 |
2.0 |
4.2 |
|
|
Including |
|
482.8 |
483.3 |
0.5 |
16.3 |
|
|
53-3626 |
SMC EAST |
570026 |
5331721 |
327 |
-66 |
358 |
265.0 |
267.0 |
2.0 |
15.2 |
|
2.0 |
Including |
|
265.5 |
266.9 |
1.4 |
21.4 |
|
1.4 |
And |
FW |
317.1 |
319.1 |
2.0 |
8.7 |
|
|
Including |
318.4 |
318.7 |
0.3 |
56.8 |
|
|
53-3627 |
SMC EAST |
570026 |
5331723 |
337 |
-42 |
472 |
NSV |
|
|
And |
FW |
|
|
|
|
|
425.2 |
427.2 |
2.0 |
5.7 |
|
|
Including |
|
425.8 |
426.3 |
0.5 |
24.7 |
|
|
53-3629 |
SMC EAST |
570027 |
5331722 |
337 |
-58 |
472 |
263.0 |
265.0 |
2.0 |
9.5 |
|
1.9 |
Including |
|
264.0 |
264.6 |
0.6 |
30.7 |
|
0.6 |
And |
FW |
467.9 |
469.9 |
2.0 |
3.0 |
|
|
53-3738 |
SMC EAST |
570168 |
5331803 |
297 |
-56 |
549 |
274.8 |
278.9 |
4.1 |
18.5 |
|
4.1 |
Including |
|
275.1 |
276.4 |
1.2 |
53.0 |
|
1.2 |
53-3739 |
SMC EAST |
570168 |
5331803 |
298 |
-50 |
564 |
NSV |
|
|
53-3740 |
SMC EAST |
570168 |
5331803 |
302 |
-64 |
533 |
NSV |
|
|
And |
FW |
|
|
|
|
|
453.2 |
455.2 |
2.0 |
4.4 |
|
|
Including |
|
454.4 |
454.8 |
0.3 |
23.6 |
|
|
53-3741 |
SMC EAST |
570168 |
5331803 |
308 |
-54 |
655 |
269.7 |
271.7 |
2.0 |
4.1 |
|
2.0 |
Including |
|
270.1 |
270.5 |
0.5 |
17.2 |
|
0.5 |
And |
272.9 |
274.9 |
2.0 |
48.8 |
|
2.0 |
Including |
274.1 |
274.9 |
0.9 |
114.9 |
|
0.9 |
And |
FW |
583.5 |
585.5 |
2.0 |
9.5 |
|
|
Including |
583.7 |
584.1 |
0.5 |
39.6 |
|
|
53-3742 |
SMC EAST |
570168 |
5331803 |
308 |
-47 |
610 |
295.0 |
297.3 |
2.3 |
6.1 |
|
2.3 |
53-3743 |
SMC EAST |
570027 |
5331720 |
324 |
-29 |
844 |
NSV |
|
|
53-3790 |
SMC EAST |
570027 |
5331720 |
330 |
-51 |
442 |
248.8 |
251.0 |
2.2 |
111.8 |
102.8 |
2.1 |
Including |
|
249.1 |
249.8 |
0.7 |
303.1 |
274.3 |
0.6 |
And |
263.2 |
265.2 |
2.0 |
75.9 |
42.7 |
1.9 |
Including |
263.3 |
263.6 |
0.3 |
493.4 |
274.3 |
0.3 |
53-3791 |
SMC EAST |
570027 |
5331720 |
346 |
-70 |
441 |
276.4 |
278.9 |
2.5 |
6.9 |
|
2.4 |
And |
|
282.3 |
284.4 |
2.1 |
6.5 |
|
2.0 |
Including |
282.3 |
283.1 |
0.8 |
15.2 |
|
0.7 |
53-3792 |
SMC EAST |
570027 |
5331720 |
342 |
-62 |
437 |
259.0 |
262.2 |
3.2 |
11.6 |
|
3.1 |
And |
FW |
|
271.0 |
273.0 |
2.0 |
4.4 |
|
1.9 |
And |
315.2 |
317.2 |
2.0 |
4.2 |
|
|
Including |
316.2 |
316.7 |
0.5 |
17.6 |
|
|
53-3793 |
|
570027 |
5331720 |
|
|
|
Hole Re-collared - 53-3793A |
|
|
53-3793A |
SMC EAST |
570027 |
5331720 |
0 |
-69 |
396 |
309.9 |
311.9 |
2.0 |
41.0 |
|
1.8 |
Including |
|
310.3 |
310.9 |
0.6 |
112.7 |
|
0.5 |
And |
FW |
348.2 |
350.5 |
2.3 |
12.7 |
|
|
53-3800 |
SMC EAST |
570168 |
5331803 |
298 |
-70 |
442 |
319.5 |
321.7 |
2.2 |
19.8 |
|
2.2 |
Including |
|
321.3 |
321.7 |
0.4 |
71.5 |
|
0.4 |
53-3801 |
SMC EAST |
570168 |
5331803 |
327 |
-63 |
457 |
299.9 |
301.9 |
2.0 |
8.2 |
|
2.0 |
Including |
|
300.4 |
301.5 |
1.0 |
15.1 |
|
1.0 |
And |
FW |
376.9 |
379.5 |
2.6 |
4.7 |
|
|
53-3802 |
SMC EAST |
570168 |
5331803 |
329 |
-51 |
457 |
284.7 |
286.7 |
2.0 |
20.8 |
|
1.9 |
Including |
|
284.7 |
285.1 |
0.5 |
84.2 |
|
0.4 |
And |
289.3 |
291.4 |
2.1 |
170.7 |
63.0 |
2.0 |
Including |
289.3 |
289.7 |
0.5 |
777.0 |
274.3 |
0.4 |
And |
295.4 |
297.5 |
2.1 |
6.2 |
|
2.0 |
Including |
295.8 |
296.3 |
0.5 |
24.8 |
|
0.4 |
And |
301.4 |
304.6 |
3.2 |
5.5 |
|
3.1 |
53-3809 |
SMC EAST |
570168 |
5331803 |
347 |
-67 |
366 |
329.8 |
333.9 |
4.1 |
7.8 |
|
3.9 |
53-3810 |
SMC EAST |
570168 |
5331803 |
8 |
-70 |
381 |
NSV |
|
|
53-3811 |
SMC EAST |
570168 |
5331803 |
20 |
-64 |
410 |
NSV |
|
|
53-3812 |
SMC EAST |
570168 |
5331803 |
292 |
-42 |
411 |
301.4 |
303.7 |
2.3 |
59.3 |
|
2.3 |
Including |
|
301.4 |
301.8 |
0.3 |
94.5 |
|
0.3 |
Including |
302.6 |
303.0 |
0.3 |
244.9 |
|
0.3 |
53-3813 |
HW |
570168 |
5331803 |
286 |
-50 |
396 |
282.1 |
284.1 |
2.0 |
3.2 |
|
1.9 |
And |
SMC EAST |
|
293.3 |
295.4 |
2.0 |
4.3 |
|
1.9 |
Including |
293.5 |
294.0 |
0.5 |
16.0 |
|
0.4 |
And |
FW |
331.0 |
333.1 |
2.1 |
4.3 |
|
|
53-3814 |
HW |
570168 |
5331803 |
298 |
-43 |
411 |
111.1 |
113.1 |
2.0 |
39.5 |
|
|
Including |
|
111.2 |
111.6 |
0.4 |
198.9 |
|
|
And |
SMC EAST |
264.7 |
266.7 |
2.0 |
8.0 |
|
1.9 |
Including |
265.8 |
266.4 |
0.6 |
23.3 |
|
0.6 |
53-3815 |
SMC EAST |
570168 |
5331803 |
320 |
-41 |
366 |
275.7 |
277.7 |
2.0 |
8.0 |
|
1.9 |
Including |
|
275.8 |
276.2 |
0.4 |
36.2 |
|
0.4 |
And |
303.0 |
305.1 |
2.0 |
20.2 |
|
1.9 |
53-3816 |
SMC EAST |
570168 |
5331803 |
330 |
-36 |
381 |
310.8 |
312.8 |
2.0 |
12.4 |
|
1.8 |
Including |
|
310.8 |
311.5 |
0.7 |
33.8 |
|
0.6 |
53-3817 |
SMC EAST |
570168 |
5331803 |
337 |
-45 |
366 |
301.1 |
303.3 |
2.2 |
4.6 |
|
2.0 |
Including |
|
301.1 |
301.4 |
0.3 |
26.2 |
|
0.3 |
And |
306.6 |
308.8 |
2.1 |
10.8 |
|
1.9 |
Including |
307.5 |
307.9 |
0.4 |
41.5 |
|
0.3 |
53-3818 |
SMC EAST |
570027 |
5331720 |
341 |
-36 |
610 |
NSV |
|
|
And |
FW |
|
382.0 |
384.0 |
2.0 |
49.2 |
|
|
Including |
382.8 |
384.0 |
1.2 |
80.3 |
|
|
And |
426.8 |
428.9 |
2.0 |
9.0 |
|
|
Including |
427.2 |
427.6 |
0.5 |
34.9 |
|
|
53-3819 |
SMC EAST |
570027 |
5331720 |
335 |
-42 |
594 |
259.4 |
261.4 |
2.0 |
13.7 |
|
1.8 |
Including |
|
260.0 |
260.6 |
0.6 |
43.9 |
|
0.5 |
53-3820 |
SMC EAST |
570027 |
5331720 |
328 |
-42 |
573 |
NSV |
|
|
53-3830 |
SMC EAST |
570168 |
5331803 |
295 |
-59 |
396 |
277.1 |
279.1 |
2.0 |
7.6 |
|
2.0 |
Including |
|
277.4 |
278.0 |
0.5 |
22.9 |
|
0.5 |
And |
FW |
354.2 |
356.6 |
2.4 |
4.8 |
|
|
53-3831 |
SMC EAST |
570168 |
5331803 |
320 |
-60 |
366 |
285.3 |
287.3 |
2.0 |
10.9 |
|
2.0 |
Including |
|
286.8 |
287.3 |
0.5 |
39.4 |
|
0.5 |
53-3832 |
SMC EAST |
570168 |
5331803 |
333 |
-70 |
366 |
327.8 |
329.8 |
2.0 |
27.8 |
|
1.9 |
Including |
|
328.3 |
328.8 |
0.5 |
120.2 |
|
0.4 |
53-3833 |
SMC EAST |
570168 |
5331803 |
333 |
-55 |
366 |
NSV |
|
|
53-3834 |
SMC EAST |
570168 |
5331803 |
343 |
-62 |
381 |
282.7 |
284.7 |
2.0 |
71.8 |
|
1.9 |
Including |
|
283.3 |
284.0 |
0.6 |
235.8 |
|
0.6 |
And |
310.2 |
312.2 |
2.0 |
8.4 |
|
1.9 |
Including |
310.7 |
311.6 |
0.8 |
16.4 |
|
0.8 |
53-3847 |
SMC EAST |
570027 |
5331720 |
341 |
-39 |
457 |
NSV |
|
|
And |
FW |
|
375.0 |
377.0 |
2.0 |
5.9 |
|
|
Including |
375.3 |
375.8 |
0.5 |
23.5 |
|
|
53-3848 |
SMC EAST |
570168 |
5331803 |
293 |
-48 |
472 |
NSV |
|
|
53-3851 |
SMC EAST |
570168 |
5331803 |
326 |
-49 |
427 |
297.3 |
300.4 |
3.1 |
10.5 |
|
3.0 |
Including |
|
297.3 |
297.8 |
0.5 |
21.1 |
|
0.4 |
Including |
298.9 |
299.2 |
0.3 |
20.7 |
|
0.3 |
Including |
300.1 |
300.4 |
0.3 |
38.2 |
|
0.3 |
53-3852 |
SMC EAST |
570168 |
5331803 |
324 |
-35 |
457 |
325.6 |
327.6 |
2.0 |
11.2 |
|
1.8 |
Including |
|
326.0 |
326.3 |
0.3 |
72.7 |
|
0.3 |
53-3853 |
SMC EAST |
570168 |
5331803 |
338 |
-39 |
381 |
314.1 |
316.1 |
2.0 |
5.3 |
|
1.8 |
Including |
|
314.6 |
315.0 |
0.5 |
13.4 |
|
0.4 |
And |
322.6 |
325.0 |
2.4 |
53.0 |
40.7 |
2.1 |
Including |
324.7 |
325.0 |
0.3 |
370.0 |
274.3 |
0.3 |
53-3854 |
SMC EAST |
570168 |
5331803 |
345 |
-53 |
381 |
312.3 |
314.9 |
2.6 |
8.7 |
|
2.4 |
Including |
|
313.8 |
314.2 |
0.5 |
34.1 |
|
0.4 |
And |
322.0 |
324.0 |
2.0 |
6.3 |
|
1.9 |
Including |
323.4 |
324.0 |
0.6 |
15.8 |
|
0.6 |
And |
329.8 |
331.9 |
2.1 |
39.0 |
|
1.9 |
NSV = No significant valueCut = cut to 274.3 g/t for SMC East
Horizon. The top cut only applies to SMC East horizon where a
statistical cut has been calculated. All other zones remain
uncut.
Table 2. Complete List of Reported Drill
Holes – SMC West and Amalgamated Break
Drill Hole |
COLLARS - UTM NAD 83 |
Direction |
|
Core Interval |
Results |
Easting |
Northing |
Azimuth (°) |
Dip(°) |
Hole Depth (m) |
From (m) |
To (m) |
Length (m) |
Au_GPT |
53-3752 |
568752 |
5331152 |
278 |
-11 |
594 |
46.2 |
48.2 |
2.0 |
4.9 |
And |
|
198.3 |
200.5 |
2.2 |
17.7 |
And |
363.9 |
365.9 |
2.0 |
6.3 |
Including |
363.9 |
365.3 |
1.4 |
9.1 |
53-3753 |
568752 |
5331153 |
283 |
-18 |
518 |
132.6 |
134.9 |
2.3 |
4.4 |
And |
|
289.4 |
291.7 |
2.3 |
3.6 |
And |
475.5 |
477.9 |
2.4 |
6.6 |
53-3754 |
568752 |
5331153 |
286 |
-21 |
503 |
31.6 |
33.6 |
2.0 |
3.0 |
And |
|
362.3 |
364.6 |
2.3 |
9.1 |
Including |
362.3 |
363.1 |
0.8 |
22.4 |
And |
445.5 |
447.5 |
2.0 |
16.3 |
Including |
446.0 |
446.7 |
0.7 |
45.4 |
And |
474.6 |
476.6 |
2.0 |
15.8 |
Including |
475.6 |
476.6 |
0.9 |
32.7 |
53-3756 |
568753 |
5331153 |
293 |
-17 |
472 |
291.3 |
293.3 |
2.0 |
4.1 |
53-3781 |
568754 |
5331153 |
305 |
-24 |
457 |
295.8 |
297.8 |
2.0 |
24.4 |
Including |
|
296.3 |
296.7 |
0.5 |
106.3 |
53-3782 |
568753 |
5331154 |
309 |
-32 |
457 |
112.9 |
115.3 |
2.4 |
6.5 |
53-3783 |
568753 |
5331154 |
309 |
-20 |
427 |
NSV |
53-3784 |
568754 |
5331154 |
315 |
-35 |
457 |
365.4 |
367.4 |
2.0 |
46.5 |
Including |
|
366.4 |
366.8 |
0.4 |
233.7 |
53-3785 |
568754 |
5331154 |
315 |
-32 |
457 |
305.7 |
307.8 |
2.1 |
4.0 |
53-3786 |
568754 |
5331154 |
315 |
-27 |
457 |
120.2 |
122.2 |
2.0 |
7.1 |
Including |
|
121.3 |
121.7 |
0.4 |
34.9 |
53-3787 |
568754 |
5331155 |
322 |
-45 |
457 |
261.5 |
264.3 |
2.7 |
25.6 |
53-3788 |
568754 |
5331154 |
|
|
|
86.5 |
88.5 |
2.0 |
4.4 |
53-3821 |
568754 |
5331154 |
329 |
-31 |
146 |
NSV |
53-3822 |
568754 |
5331154 |
345 |
-28 |
152 |
NSV |
53-3823 |
568754 |
5331154 |
358 |
-55 |
183 |
NSV |
53-3824 |
568754 |
5331154 |
16 |
-36 |
183 |
115.4 |
118.1 |
2.7 |
6.2 |
56-734 |
568728 |
5331341 |
153 |
-15 |
328 |
157.4 |
159.4 |
2.0 |
4.1 |
And |
|
189.0 |
191.0 |
2.0 |
4.7 |
Including |
189.0 |
189.4 |
0.4 |
23.8 |
57-685 |
569221 |
5331374 |
92 |
-41 |
168 |
80.1 |
82.1 |
2.0 |
5.2 |
57-686A |
569221 |
5331374 |
103 |
-47 |
137 |
73.0 |
76.9 |
3.9 |
17.7 |
Including |
|
73.0 |
73.8 |
0.8 |
78.5 |
53-3837 |
568754 |
5331154 |
87 |
-56 |
282 |
201.6 |
223.4 |
21.9 |
9.9 |
Including |
|
210.0 |
221.2 |
11.2 |
14.8 |
Including |
214.3 |
218.1 |
3.8 |
25.0 |
53-3838 |
568754 |
5331154 |
86 |
-49 |
274 |
200.6 |
203.0 |
2.4 |
4.0 |
53-3839 |
568754 |
5331154 |
100 |
-57 |
251 |
183.9 |
189.3 |
5.4 |
20.1 |
53-3840 |
568754 |
5331154 |
97 |
-42 |
236 |
NSV |
53-3841 |
568754 |
5331154 |
130 |
-71 |
251 |
197.3 |
199.9 |
2.7 |
5.5 |
53-3842 |
568754 |
5331154 |
131 |
-55 |
198 |
NSV |
56-734 |
568728 |
5331341 |
153 |
-15 |
328 |
NSV |
56-735 |
568728 |
5331341 |
143 |
-15 |
297 |
Hole Re-collared - 56-735A |
56-735A |
568728 |
5331341 |
143 |
-15 |
297 |
239.6 |
241.6 |
2.0 |
8.3 |
Including |
|
239.6 |
240.5 |
0.9 |
16.5 |
And |
248.8 |
252.1 |
3.3 |
108.2 |
Including |
248.8 |
249.2 |
0.4 |
746.8 |
56-736 |
568728 |
5331341 |
140 |
-8 |
297 |
200.4 |
204.5 |
4.1 |
4.8 |
56-739 |
568728 |
5331341 |
118 |
-24 |
351 |
NSV |
56-740 |
568728 |
5331341 |
110 |
-30 |
396 |
NSV |
56-742 |
568728 |
5331341 |
113 |
-25 |
396 |
192.2 |
194.2 |
2.0 |
6.9 |
Including |
|
192.2 |
192.8 |
0.6 |
19.8 |
And |
291.1 |
293.1 |
2.0 |
10.2 |
Including |
291.1 |
292.0 |
0.9 |
22.4 |
56-749 |
568438 |
5331634 |
112 |
-42 |
396 |
249.3 |
251.3 |
2.0 |
51.3 |
Including |
|
249.6 |
249.9 |
0.3 |
331.7 |
NSV = No significant value
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