Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
announced results from 25 holes (19,523 m) and one wedge hole
(1,110 m) of drilling at the Detour Lake property. The new holes
being reported are the third batch of results from the recently
announced 250,000 m exploration program, which the Company is
targeting for completion by the end of 2021. The program is being
completed to collect information for an updated, and potentially
expanded, Mineral Reserve as well as to support the completion of a
new production plan. Most of the new holes announced today are from
drilling in the Saddle Zone, located between the Main Pit and West
Pit locations, which has been underexplored and has no Mineral
Reserves and only limited Mineral Resources. Several new holes are
also being announced from the area west of the West Pit, which also
contains only limited past drilling.
Tony Makuch, President and CEO of Kirkland
Lake Gold, commented: “Today’s results provide further evidence
that a much larger and higher-grade deposit exists around the Main
Pit and West Pit locations at Detour Lake Mine than is currently
included in Mineral Reserves. We continue to intersect broad zones
of mineralization in the Saddle Zone between the two pits, which
demonstrates the potential for continuous mineralization over very
large area and supports our view that a much larger pit design
concept may be warranted leading to substantial Mineral Reserve
growth, increased levels of production and improved unit costs. In
addition, with a growing number of high-grade intersections at
depth, we are increasingly optimistic that both production levels
and average grades can be augmented through the addition of an
underground mining operation. We are also very encouraged by drill
results on the west side of the property, which include extending
mineralization 200 m west of the current West Pit location. We are
still relatively early in our 250,000 m drill program and expect
2021 to be a very important year for establishing the full
potential of the Detour Lake Mine.”
East Portion of Saddle Zone
Drilling in the east portion of the Saddle Zone
included nine holes (7,586 m) and targeted areas along the Detour
Mine Trend (“DMT”) directly west of the Main Pit Mineral Reserve
shell between surface and 500 m below.
Significant results from the drilling
including: 4.38 gpt over 31.0 m, including 47.46 gpt over
2.0 m and 5.45 gpt over 3.2 m, from hole DLM-20-028,
1.50 gpt over 75.0 m, including 3.59 gpt over 23.0 m, 1.33
gpt over 14.7 m, 0.87 gpt over 30.9 m and 0.78 gpt over 21.0
m from hole DLM-20-035, 1.11 gpt over 58.0 m and
0.73 gpt over 34.0 m from hole DLM-20-026 and 1.12
gpt over 46.0 m, 0.69 gpt over 17 m and 3.02 gpt over 4.0
m from hole DLM-20-020. All of these new holes were
designed to intersect the DMT between surface and 200 m below and
strongly confirmed the continuation of the DMT west of the current
Main pit reserve.
Additional significant results from this area
include: 4.02 gpt over 43.0 m, including 37.19 gpt over 3.0
m, 2.58 gpt over 70.9 m, including 31.05 gpt over 2.0 m, 1.00 gpt
over 51.8 m, 0.78 gpt over 87.8 m and 1.40 gpt over 28.0 m
from hole DLM-20-025A, 1.99 gpt over 55.4 m, 1.35 gpt over
63.0 m, 1.26 gpt over 76.0 m, 1.67 gpt over 37.0 m, 1.49 gpt over
36.3 m and 0.94 gpt over 65.0 m from hole DLM-20-041 and
1.64 gpt over 62.8 m, including 2.43 gpt over 34.8 m, 0.80
gpt over 68.0 m, 0.81 gpt over 74.0 m and 2.30 gpt over 14.0
m from hole DLM-20-039 which targeted the DMT between 200
and 450 m below surface. As with the new near surface holes
the drilling here strongly confirms the extension of mineralization
westwards from the Main pit as well as results from previously
reported from DLM-20-014A which intersected 1.42 gpt
over 78.0 m, 1.08 gpt over 51.0 m, 1.21 gpt over 43.0 m and 0.90
gpt over 51.0 m (see press release dated September 9,
2020) in the area approximately 75 m east of DLM-20-
025.
Central Portion of the Saddle
Zone
Drilling in the central portion of the Saddle
Zone included five holes (4,563.5 m) and targeted the DMT
approximately midway between the current reserve pits for the Main
and West pits and between 100 and 500 m below
surface.
Significant results from the drilling include:
1.10 over 67.0 m, 2.53 gpt over 18.0 m, 0.83 gpt over 27.7
m, and 0.94 gpt over 24.0 m, including 15.91 gpt over 2.0
m, from hole DLM-20-022, 2.65 gpt over 24.0 m,
including 9.14 gpt over 5.0 m, 0.80 gpt over 79.0 m, 1.94 gpt over
13.6 m, from hole DLM-20-046B and 0.72 gpt
over 76.0 m from hole DLM-20-44 which targeted the DMT
between 100 and 250 m below surface. All of three of the new holes
are considered highly successful and strongly demonstrate the
continuity of mineralization along the DTM through the central part
of the Saddle Zone and its extension to surface. The new
intersections in hole DLM-20-046B are located approximately 100 m
above previously reported results from Hole DLM-20-016 which
included 1.10 gpt over 142 m, including
9.39 gpt over 2.0 m, 2.15 gpt over 16.0
m and 1.23 gpt over 12.0 m (see press
release dated September 9, 2020).
Additional significant results from this area
include: 8.13 gpt over 17.0 m, including 22.51 gpt over 5.9
m, 2.63 gpt over 21.3 m, including 20.39 gpt over 2.0 m; 2.34 gpt
over 42.7 m, including 25.60 gpt over 2.5 m and 1.06 gpt over 40.0
m from DLM-20-037 and 1.54 gpt over 13.0, 0.89 gpt
over 49.8 m and 0.82 gpt over 54.7 m from DLM-20-19 which
intersected the DMT between 400 and 550 m below surface,
demonstrating strong potential for expansion of the system to
depth.
Results from all holes in this area are
considered extremely encouraging as they continue to confirm the
presence of a broad corridor of mineralization extending between
the West and Main pits ( a distance of over 800 m) with the overall
style of mineralization and gold tenor being very similar to that
found in the West and Main pits.
West Portion of Saddle
Zone
Drilling in the west portion of the Saddle Zone
included two holes (2,403 m) and one wedge hole (1,110 m) which
targeted the DMT directly east of the West pit between 400 and 550
m below surface.
Significant results from the drilling
include: 1.85 gpt over 24.7 m and 1.86 gpt over 37.9 m,
including 13.30 gpt over 2.0 m, from DLM-20-027W;
1.00 gpt over 44.7 m, including 9.84 gpt over 2.1 m and
0.88 gpt over 34.0 m, from hole DLM-20-021B; and
0.88 gpt over 42.0 m, 0.81 gpt over 58.0 m and 3.13 gpt
over 6.0 m, from hole DLM-20-018. Hole DLM-20-27W
intersected the DMT approximately 325 m below surface and 75 m
above previously reported DLM-20-004 which included results of
1.41 gpt over 121.0 m and 1.03 gpt over 14.08 gpt
(see press release dated June 29, 2020), while DLM-20-21B and
DLM-20-018 intersected the DMT approximately 75 and 150 m below
DLM-20-004.
Results from all three holes are considered very
positive and strongly confirm the continuation of
mineralization through the west portion of the Saddle Zone and into
the area under the West pit.
West Pit Extension
Drilling in the east portion of the Saddle Zone
included nine holes (4,971 m) and targeted areas along the DMT west
of the West Pit Reserve between surface and 400 m below.
Significant results from the drilling include:
2.19 gpt over 39.8 m, including 21.32 gpt over 2.7 m and
0.84 gpt over 21.0 m from hole DLM-20-048B, 2.67
gpt over 21.0 m, including 17.67 gpt over 2.0 m and 1.57 gpt over
38.0 m from hole DLM-20-045, 0.66 gpt over 90.0 m,
47.53 gpt over 2.0 m and 0.69 gpt over 15.0 m from hole
DLM-20-023; and 1.19 gpt over 23.8 m from hole
DLM-20-038B. These holes targeted the DMT west of the current
mineral reserve between 200 and 400 m level and provide strong
confirmation that DMT and associated mineralization continues for
at least another 200 m in this direction and remains open for
testing.
Additional significant results include:
1.44 gpt over 42.0 m from hole DLM-20-042,
1.79 gpt over 39.0 m, including 12.23 gpt over 3.0
m from hole DLM-20-032, 0.93 gpt over 19.3
m from DLM-20 – 31 and 0.81 gpt over 18.0
m from hole DLM-20-029A. These holes targeted the westward
extension between surface and 200 m below and demonstrate the
continuity of mineralization in the new westward extension to
surface.
Based on assay results and other observations
obtained from the program to date, the outlook for the project
continues to look encouraging with there being evidence of a broad
and continuous corridor of mineralization extending between the
West and Main pits and to a depth of at least 800 m below surface.
The work also suggests that mineralization within the corridor is
very similar to that found in the West and Main pits and is hosted
mainly by broad zones containing variable amounts of quartz and
pyrite, which are controlled mainly by east-west trending,
moderately north dipping folds and shear structures which plunge at
a shallow angle to the west. Given results to date, the potential
to identify further extensions to mineralization as well as
additions to Mineral Resources and Mineral Reserves between the
Main and West pits through additional drilling is considered
excellent.
Exploration work at Detour Lake is ongoing with
eight drills current working, and on track to complete
approximately 70,000 m by the end of 2020. The Company plans to
increase the number of drills to between ten and twelve drills
early in the new year.
Qualified Persons
The Company’s exploration programs at Detour
Lake are conducted under the supervision of Eric Kallio, P.Geo.,
Senior Vice President, Exploration. Mr. Kallio, as well as Keith
Green, P.Geo., Director, Exploration, Canada, and Steve Gray,
P.Geo, Exploration Superintendent, Detour Lake Mine, are ‘qualified
persons’ for the purpose of National Instrument 43-101, Standards
of Disclosure for Mineral Projects, of the Canadian Securities
Administrators, and have 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. Samples are logged and sampled in a secure facility at
the Detour mine site and under supervision of Qualified Geologists.
NQ sized core is sawn in half with one half of the core prepared
for shipment, the other half of core retained for future assay
verification. Preparations for shipment include; placing individual
samples with corresponding sample tag into sealed plastic bags,
which are in turn placed into labelled and zip tied rice bags, and
subsequently placed onto pallets, shrink wrapped and couriered
to ALS Laboratories in Timmins, Ontario by Manitoulin
Transport. Sample preparation is completed by ALS
Laboratories in Timmins then sent to their Vancouver Lab for
analysis.
Assaying of the samples is completed using Fire
Assay techniques with samples less than 10 grams per tonne being
analyzed with Atomic Absorption (AA) and samples greater than 10
grams per tonne with gravimetric finish. Selected high grade
samples are also analyzed using the screen metallics procedure.
Internal laboratory checks conducted by ALS include the insertion
of 1 blank, 2 certified reference standards and 3 duplicates for
every 78 samples (per fusion furnace). ALS Laboratories are
certified by the Standards Council of Canada (SCC) which conforms
with ASB-RG Mineral Analysis Laboratory for the Accreditation of
Mineral Analysis Testing Laboratories and CAN-P-4E ISO/IEC
17025 : General Requirements for the Competence of Testing
and Calibration Laboratories.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a growing gold
producer operating in Canada and Australia that is on track to
produce 1,350,000 – 1,400,000 ounces of gold in 2020. The
production profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
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 expertise.
For further information on Kirkland Lake Gold
and to receive news releases by email, visit the website at
www.kl.gold.
Cautionary Note Regarding Forward-Looking
Information
This News Release includes certain
"forward-looking statements". All statements other than statements
of historical fact included in this release are forward-looking
statements that involve various risks and uncertainties. These
forward-looking statements include, but are not limited to,
statements with respect to planned exploration programs, costs and
expenditures, the ability to potentially expand Mineral Reserves,
changes in Mineral Resources and conversion of Mineral Resources to
proven and probable reserves, the ability to expand the current pit
design of the mine, and other information that is based on
forecasts of future operational or financial results, estimates of
amounts not yet determinable and assumptions of management. These
forward-looking statements include, but are not limited to,
statements with respect to future exploration potential, project
economics, timing and scope of future exploration, anticipated
costs and expenditures, changes in Mineral Resources and conversion
of Mineral Resources to proven and probable reserves, and other
information that is based on forecasts of future operational or
financial results, estimates of amounts not yet determinable and
assumptions of management.
Any statements that express or involve
discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or
performance (often, but not always, using words or phrases such as
"expects" or "does not expect", "is expected", "anticipates" or
"does not anticipate", "plans", "estimates" or "intends", or
stating that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved) are not
statements of historical fact and may be "forward-looking
statements." Forward-looking statements are subject to a variety of
risks and uncertainties that could cause actual events or results
to differ from those reflected in the forward-looking statements.
Exploration results that include geophysics, sampling, and drill
results on wide spacings may not be indicative of the occurrence of
a mineral deposit. Such results do not provide assurance that
further work will establish sufficient grade, continuity,
metallurgical characteristics and economic potential to be classed
as a category of Mineral Resource. A Mineral Resource that is
classified as "Inferred" or "indicated" has a great amount of
uncertainty as to its existence and economic and legal feasibility.
It cannot be assumed that any or part of an "indicated Mineral
Resource" or "Inferred Mineral Resource" will ever be upgraded to a
higher category of resource. Investors are cautioned not to assume
that all or any part of mineral deposits in these categories will
ever be converted into proven and probable reserves.
There can be no assurance that forward-looking
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to
differ materially from the Company’s expectations include, among
others, risks related to international operations, risks related to
obtaining the permits required to carry out planned exploration or
development work, the actual results of current exploration
activities, conclusions of economic evaluations and changes in
project parameters as plans continue to be refined as well as
future prices of gold, as well as those factors discussed in the
section entitled "Risk Factors" in the Company’s Annual Information
Form for the year ended December 31, 2019 and other disclosures of
"Risk Factors" by the Company and its predecessors, available on
SEDAR. Although Kirkland Lake Gold has attempted to identify
important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.
Cautionary Note to U.S. Investors -
Mineral Reserve and Resource Estimates
This press release has been prepared in
accordance with the requirements of the securities laws in effect
in Canada, which differ from the requirements of United States
securities laws. The terms “mineral reserve”, “proven mineral
reserve” and “probable mineral reserve” are Canadian mining terms
as defined 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. These definitions
differ from the definitions in SEC Industry Guide 7 under the
United States Securities Act of 1993, as amended (the “Securities
Act”).
The SEC has adopted amendments to its disclosure
rules to modernize the mineral property disclosure requirements for
issuers whose securities are registered with the SEC under the
Securities Exchange Act of 1934 (“Exchange Act”). These amendments
became effective February 25, 2019 (the “SEC Modernization Rules”)
and, following a two-year transition period, the SEC Modernization
Rules will replace the historical property disclosure requirements
for mining registrants that were included in SEC Industry Guide 7.
Following the transition period, as a foreign private issuer that
files its annual report on Form 40-F with the SEC pursuant to the
multi-jurisdictional disclosure system, the Company is not required
to provide disclosure on its mineral properties under the SEC
Modernization Rules and will continue to provide disclosure under
NI 43-101 and the CIM Definition Standards. If the Company ceases
to be a foreign private issuer or loses its eligibility to file its
annual report on Form 40-F pursuant to the multi-jurisdictional
disclosure system, then the Company will be subject to the SEC
Modernization Rules which differ from the requirements of NI 43-101
and the CIM Definition Standards. The SEC Modernization Rules
include the adoption of terms describing mineral reserves and
mineral resources that are “substantially similar” to the
corresponding terms under the CIM Definition Standards. As a result
of the adoption of the SEC Modernization Rules, the SEC now
recognizes estimates of “measured mineral resources”, “indicated
mineral resources” and “inferred mineral resources”. In addition,
the SEC has amended its definitions of “proven mineral reserves”
and “probable mineral reserves” to be “substantially similar” to
the corresponding CIM Definitions. U.S. investors are cautioned
that while the above terms are “substantially similar” to CIM
Definitions, there are differences in the definitions under the SEC
Modernization Rules and the CIM Definition Standards. Accordingly,
there is no assurance any mineral reserves or mineral resources
that the Company may report as “proven mineral reserves”, “probable
mineral reserves”, “measured mineral resources”, “indicated mineral
resources” and “inferred mineral resources” under NI 43-101 would
be the same had the Company prepared the reserve or resource
estimates under the standards adopted under the SEC Modernization
Rules.
U.S. investors are also cautioned that while the
SEC will now recognize “measured mineral resources”,
“indicated mineral resources” and “inferred mineral resources”,
investors should not assume that any part or all of the
mineralization in these categories will ever be converted into a
higher category of mineral resources or into mineral reserves.
Mineralization described using these terms has a greater amount of
uncertainty as to its existence and feasibility than mineralization
that has been characterized as reserves. Accordingly, investors are
cautioned not to assume that any measured mineral resources,
indicated mineral resources, or inferred mineral resources that the
Company reports are or will be economically or legally mineable.
Further, “inferred mineral resources” have a greater amount of
uncertainty as to their existence and as to whether they can be
mined legally or economically. Therefore, U.S. investors are also
cautioned not to assume that all or any part of the “inferred
mineral resources” exist. Under Canadian securities laws, estimates
of “inferred mineral resources” may not form the basis of
feasibility or pre-feasibility studies, except in rare cases.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive
Officer & DirectorPhone: +1 416-840-7884, E-mail:
tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone: +1
416-840-7884, E-mail: mutting@kl.gold
Table 1. Detour Lake Mine – Significant Assay
Results
Hole Number |
|
UTM NAD83 |
Hole Length (m) |
Azimuth (°) |
Dip |
From (m) |
To (m) |
Length (m) |
Au gpt |
Target |
Section East |
Easting |
Northing |
|
|
|
|
|
|
|
|
DLM-20-017 |
17300 |
589575 |
5541242 |
999.0 |
180 |
-58 |
172.0 |
198.0 |
26.0 |
1.15 |
East Saddle |
AND |
|
|
|
|
|
|
296.0 |
322.0 |
26.0 |
0.66 |
|
AND |
|
|
|
|
|
|
466.0 |
468.0 |
2.0 |
5.62 |
|
AND |
|
|
|
|
|
|
749.0 |
751.0 |
2.0 |
7.53 |
|
DLM-20-018 |
16701 |
588965 |
5541771 |
1197.0 |
180 |
-65 |
124.0 |
130.0 |
6.0 |
3.13 |
West Saddle |
AND |
|
|
|
|
|
|
642.7 |
684.7 |
42.0 |
0.88 |
|
AND |
|
|
|
|
|
|
831.0 |
889.0 |
58.0 |
0.81 |
|
DLM-20-019 |
16980 |
589249 |
5541548 |
1230.0 |
1580 |
-73 |
437.2 |
487.0 |
49.8 |
0.89 |
Central Saddle |
AND |
|
|
|
|
|
|
666.3 |
721.0 |
54.7 |
0.82 |
|
AND |
|
|
|
|
|
|
738.0 |
751.0 |
13.0 |
1.54 |
|
DLM-20-020 |
17300 |
589576 |
5541147 |
999.0 |
180 |
-60 |
47.0 |
93.0 |
46.0 |
1.12 |
East Saddle |
INCL. |
|
|
|
|
|
|
66.0 |
68.0 |
2.0 |
7.11 |
|
AND |
|
|
|
|
|
|
127.0 |
144.0 |
17.0 |
0.69 |
|
AND |
|
|
|
|
|
|
188.0 |
192.0 |
4.0 |
3.02 |
|
DLM-20-021B |
16780 |
589044 |
5541764 |
1206.0 |
183 |
-61 |
597.0 |
641.7 |
44.7 |
1.00 |
West Saddle |
INCL. |
|
|
|
|
|
|
638.6 |
640.6 |
2.1 |
9.95 |
|
AND |
|
|
|
|
|
|
660.0 |
694.0 |
34.0 |
0.88 |
|
DLM-20-022 |
17138 |
589414 |
5541202 |
624.0 |
180 |
-66 |
102.0 |
129.7 |
27.7 |
0.83 |
Central Saddle |
AND |
|
|
|
|
|
|
158.0 |
198.0 |
40.0 |
0.65 |
|
AND |
|
|
|
|
|
|
212.0 |
230.0 |
18.0 |
2.53 |
|
INCL. |
|
|
|
|
|
|
219.0 |
225.0 |
6.0 |
6.43 |
|
AND |
|
|
|
|
|
|
297.0 |
364.0 |
67.0 |
1.10 |
|
AND |
|
|
|
|
|
|
389.0 |
413.0 |
24.0 |
0.94 |
|
AND |
|
|
|
|
|
|
538.0 |
540.0 |
2.0 |
15.91 |
|
AND* |
|
|
|
|
|
|
864.9 |
875.0 |
10.1 |
2.38 |
|
INCL.* |
|
|
|
|
|
|
873.0 |
875.0 |
2.0 |
6.64 |
|
DLM-20-023 |
14860 |
587125 |
5541705 |
1140.0 |
172 |
-68 |
403.0 |
493.0 |
90.0 |
0.66 |
West Extension |
INCL. |
|
|
|
|
|
|
481.0 |
483.0 |
2.0 |
6.63 |
|
AND |
|
|
|
|
|
|
563.0 |
565.0 |
2.0 |
47.53 |
|
AND |
|
|
|
|
|
|
637.0 |
652.0 |
15.0 |
0.69 |
|
DLM-20-25A |
17222 |
589497 |
5541231 |
1008.0 |
175 |
-64 |
23.0 |
25.5 |
2.5 |
3.47 |
East Saddle |
AND |
|
|
|
|
|
|
115.2 |
203.0 |
87.8 |
0.78 |
|
AND |
|
|
|
|
|
|
224.0 |
275.8 |
51.8 |
1.00 |
|
INCL. |
|
|
|
|
|
|
234.0 |
240.0 |
6.0 |
4.59 |
|
AND |
|
|
|
|
|
|
413.0 |
456.0 |
43.0 |
4.02 |
|
INCL. |
|
|
|
|
|
|
439.0 |
442.0 |
3.0 |
37.19 |
|
INCL. |
|
|
|
|
|
|
446.0 |
448.0 |
2.0 |
15.24 |
|
AND |
|
|
|
|
|
|
585.0 |
613.0 |
28.0 |
1.40 |
|
INCL. |
|
|
|
|
|
|
586.0 |
588.0 |
2.0 |
9.14 |
|
INCL. |
|
|
|
|
|
|
602.0 |
604.0 |
2.0 |
6.42 |
|
AND |
|
|
|
|
|
|
823.1 |
894.0 |
70.9 |
2.58 |
|
INCL. |
|
|
|
|
|
|
855.0 |
857.0 |
2.0 |
10.37 |
|
INCL. |
|
|
|
|
|
|
864.0 |
866.0 |
2.0 |
31.05 |
|
INCL. |
|
|
|
|
|
|
872.0 |
878.0 |
6.0 |
8.84 |
|
DLM-20-026 |
17340 |
589616 |
5541134 |
378.0 |
178 |
-54 |
27.0 |
61.0 |
34.0 |
0.73 |
East Saddle |
AND |
|
|
|
|
|
|
201.0 |
259.0 |
58.0 |
1.11 |
|
INCL. |
|
|
|
|
|
|
202.0 |
204.0 |
2.0 |
15.18 |
|
DLM-20-027W |
16781 |
589047 |
5541621 |
1110.0 |
183 |
-57 |
644.0 |
668.7 |
24.7 |
1.85 |
West Saddle |
INCL. |
|
|
|
|
|
|
644.0 |
646.0 |
2.0 |
8.48 |
|
AND |
|
|
|
|
|
|
889.1 |
927.0 |
37.9 |
1.86 |
|
INCL. |
|
|
|
|
|
|
904.0 |
906.0 |
2.0 |
13.30 |
|
INCL. |
|
|
|
|
|
|
918.0 |
920.0 |
2.0 |
8.78 |
|
DLM-20-028 |
17261 |
589538 |
5541121 |
669.0 |
176 |
-50 |
67.0 |
98.0 |
31.0 |
4.38 |
East Saddle |
INCL. |
|
|
|
|
|
|
80.0 |
82.0 |
2.0 |
47.46 |
|
INCL. |
|
|
|
|
|
|
81.0 |
96.0 |
15.0 |
8.56 |
|
AND |
|
|
|
|
|
|
559.0 |
562.2 |
3.2 |
5.45 |
|
DLM-20-029A |
15180 |
587452 |
5541380 |
342.0 |
176 |
-50 |
42.0 |
60.0 |
18.0 |
0.80 |
West Extension |
DLM-20-030 |
17341 |
589616 |
5541243 |
982.0 |
176 |
-58 |
7.0 |
23.0 |
16.0 |
0.81 |
East Saddle |
AND |
|
|
|
|
|
|
86.0 |
114.0 |
28.0 |
0.75 |
|
INCL. |
|
|
|
|
|
|
111.0 |
113.1 |
2.1 |
6.64 |
|
AND |
|
|
|
|
|
|
155.0 |
200.0 |
45.0 |
0.65 |
|
AND |
|
|
|
|
|
|
298.0 |
318.7 |
20.7 |
1.05 |
|
AND |
|
|
|
|
|
|
346.9 |
359.0 |
12.1 |
2.36 |
|
INCL. |
|
|
|
|
|
|
354.0 |
356.0 |
2.0 |
10.72 |
|
AND |
|
|
|
|
|
|
492.0 |
494.0 |
2.0 |
5.35 |
|
DLM-20-031 |
15180 |
587451 |
5541456 |
351.0 |
177 |
-51 |
131.0 |
150.3 |
19.3 |
0.93 |
West Extension |
DLM-20-032 |
15179 |
587447 |
5541541 |
483.0 |
176 |
-54 |
97.0 |
99.0 |
2.0 |
9.81 |
|
AND |
|
|
|
|
|
|
231.0 |
270.0 |
39.0 |
1.79 |
|
INCL. |
|
|
|
|
|
|
249.0 |
252.0 |
3.0 |
12.28 |
|
DLM-20-035 |
17342 |
589617 |
5541194 |
795.0 |
177 |
-57 |
113.0 |
143.9 |
30.9 |
0.87 |
East Saddle |
AND |
|
|
|
|
|
|
166.0 |
187.0 |
21.0 |
0.78 |
|
AND |
|
|
|
|
|
|
249.0 |
263.7 |
14.7 |
1.33 |
|
AND |
|
|
|
|
|
|
289.0 |
364.0 |
75.0 |
1.51 |
|
INCL. |
|
|
|
|
|
|
341.0 |
364.0 |
23.0 |
3.59 |
|
DLM-20-036 |
15100 |
587370 |
5541502 |
363.0 |
177 |
-55 |
140.6 |
146.0 |
5.4 |
2.21 |
West Extension |
AND |
|
|
|
|
|
|
176.0 |
185.0 |
9.0 |
1.85 |
|
DLM-20-037 |
17020 |
589287 |
5541598 |
1218.5 |
179 |
-55 |
386.7 |
410.2 |
23.5 |
0.72 |
Central Saddle |
AND |
|
|
|
|
|
|
599.8 |
621.0 |
21.3 |
2.63 |
|
INCL. |
|
|
|
|
|
|
617.0 |
619.0 |
2.0 |
20.39 |
|
AND |
|
|
|
|
|
|
653.0 |
670.0 |
17.0 |
8.13 |
|
INCL. |
|
|
|
|
|
|
664.1 |
670.0 |
5.9 |
22.51 |
|
AND |
|
|
|
|
|
|
745.1 |
747.3 |
2.2 |
15.25 |
|
AND |
|
|
|
|
|
|
898.0 |
938.0 |
40.0 |
1.06 |
|
INCL. |
|
|
|
|
|
|
929.0 |
931.1 |
2.1 |
9.87 |
|
AND |
|
|
|
|
|
|
1004.0 |
1046.7 |
42.7 |
2.34 |
|
INCL. |
|
|
|
|
|
|
1029.9 |
1032.4 |
2.5 |
25.60 |
|
AND |
|
|
|
|
|
|
1078.0 |
1088.6 |
10.6 |
1.78 |
|
DLM-20-038B |
15101 |
587369 |
5541569 |
450.0 |
177 |
-56 |
256.1 |
279.8 |
23.8 |
1.19 |
West Extension |
DLM-20-039 |
17260 |
589533 |
5541268 |
667.0 |
180 |
-77 |
56.0 |
70.0 |
14.0 |
2.30 |
East Saddle |
INCL. |
|
|
|
|
|
|
210.0 |
278.0 |
68.0 |
0.80 |
|
INCL. |
|
|
|
|
|
|
210.0 |
214.0 |
4.0 |
5.94 |
|
AND |
|
|
|
|
|
|
417.0 |
491.0 |
74.0 |
0.81 |
|
AND |
|
|
|
|
|
|
599.0 |
661.8 |
62.8 |
1.64 |
|
INCL. |
|
|
|
|
|
|
627.0 |
661.8 |
34.8 |
2.43 |
|
INCL. |
|
|
|
|
|
|
652.7 |
654.9 |
2.2 |
12.87 |
|
DLM-20-041 |
17260 |
589533 |
5541268 |
1089.0 |
180 |
-69 |
58.0 |
73.9 |
15.9 |
1.48 |
East Saddle |
INCL. |
|
|
|
|
|
|
182.0 |
208.0 |
26.0 |
0.83 |
|
AND |
|
|
|
|
|
|
239.0 |
304.0 |
65.0 |
0.94 |
|
INCL. |
|
|
|
|
|
|
276.0 |
278.0 |
2.0 |
6.85 |
|
AND |
|
|
|
|
|
|
317.6 |
373.0 |
55.4 |
1.99 |
|
INCL. |
|
|
|
|
|
|
334.0 |
338.0 |
4.0 |
16.25 |
|
AND |
|
|
|
|
|
|
392.0 |
428.3 |
36.3 |
1.49 |
|
AND |
|
|
|
|
|
|
478.0 |
505.0 |
27.0 |
0.67 |
|
AND |
|
|
|
|
|
|
584.0 |
647.0 |
63.0 |
1.35 |
|
INCL. |
|
|
|
|
|
|
586.0 |
591.0 |
5.0 |
6.95 |
|
AND |
|
|
|
|
|
|
664.0 |
740.0 |
76.0 |
1.26 |
|
INCL. |
|
|
|
|
|
|
666.0 |
668.0 |
2.0 |
13.43 |
|
INCL. |
|
|
|
|
|
|
684.0 |
688.0 |
4.0 |
4.75 |
|
AND |
|
|
|
|
|
|
752.0 |
789.0 |
37.0 |
1.67 |
|
INCL. |
|
|
|
|
|
|
785.0 |
789.0 |
4.0 |
8.07 |
|
AND |
|
|
|
|
|
|
813.0 |
815.0 |
2.0 |
9.33 |
|
AND |
|
|
|
|
|
|
840.0 |
842.0 |
2.0 |
6.74 |
|
DLM-20-042 |
15020 |
587290 |
5541460 |
303.0 |
177 |
-55 |
96.0 |
118.2 |
22.2 |
1.44 |
West Extension |
DLM-20-044 |
17060 |
589335 |
5541220 |
840.0 |
180 |
-55 |
97.0 |
173.0 |
76.0 |
0.72 |
Central Saddle |
DLM-20-045 |
15020 |
587288 |
5541605 |
504.0 |
177 |
-55 |
78.0 |
99.0 |
21.0 |
2.67 |
West Extension |
INCL. |
|
|
|
|
|
|
97.0 |
99.0 |
2.0 |
17.67 |
|
AND |
|
|
|
|
|
|
264.0 |
302.0 |
38.0 |
1.57 |
|
INCL. |
|
|
|
|
|
|
272.0 |
274.0 |
2.0 |
10.04 |
|
DLM-20-046B |
16980E |
589252 |
5541417 |
651.0 |
180 |
-53 |
60.0 |
62.1 |
2.1 |
4.76 |
Central Saddle |
AND |
|
|
|
|
|
|
135.5 |
140.0 |
4.5 |
5.20 |
|
AND |
|
|
|
|
|
|
152.9 |
155.8 |
2.9 |
5.62 |
|
AND |
|
|
|
|
|
|
267.0 |
280.6 |
13.6 |
1.94 |
|
AND |
|
|
|
|
|
|
308.0 |
387.0 |
79.0 |
0.80 |
|
AND |
|
|
|
|
|
|
520.0 |
544.0 |
24.0 |
2.65 |
|
INCL. |
|
|
|
|
|
|
539.0 |
544.0 |
5.0 |
9.14 |
|
DLM-20-048B |
15020 |
587284 |
5541770 |
1035.0 |
174 |
-56 |
437.0 |
476.8 |
39.8 |
2.19 |
West Extension |
INCL. |
|
|
|
|
|
|
457.5 |
460.2 |
2.7 |
21.32 |
|
AND |
|
|
|
|
|
|
539.0 |
560.0 |
21.0 |
0.84 |
|
Notes:
- Assays are reported uncut
- Assay intervals are reported as drill thickness.
- Hole DLM-20-22 from 624 m to 987 m was drilled as a wedge.
- True widths are unknown at this time and intervals are reported
using core lengths intersected in the holes.
Figures accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8472d886-ab35-44e4-8730-f3a3aba75f8b
https://www.globenewswire.com/NewsRoom/AttachmentNg/440eeb2b-201e-4674-8709-cc76c371ea21
https://www.globenewswire.com/NewsRoom/AttachmentNg/cac67aba-bde5-459d-8044-96503703c211
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