Kirkland Lake Gold Files Technical Report
April 02 2018 - 8:20PM
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
announced the filing of a technical report for the Company’s
Fosterville property (the “Report”) entitled, “Report on the
Mineral Resources & Mineral Reserves of the Fosterville Gold
Mine in the State of Victoria, Australia.” The Report, which is
dated April 2, 2018 and is effective December 31, 2017, was
prepared in compliance with National Instrument 43-101 - Standards
for Disclosure for Mineral Projects ("NI 43-101") and is available
under Kirkland Lake Gold's profile on SEDAR at www.sedar.com and on
the Company's website at www.klgold.com.
The Report was prepared by Troy Fuller, MAIG and
Ion Hann, FAusIMM, both of whom are "qualified persons" as such
term is defined in NI 43-101 and employees of the Company. The
Report supports the scientific and technical disclosure in the
updated Mineral Resource and Mineral Reserve estimates contained in
the Company’s press release dated February 20, 2018.
About Kirkland Lake Gold
Ltd.
Kirkland Lake Gold Ltd. is a mid-tier gold
producer that in 2018 is targeting over 620,000 ounces of gold
production from mines in Canada and Australia. The production
profile of the Company is anchored by two high-grade, low-cost
operations, including the Macassa Mine located in northeastern
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 “forward-looking
statements” and "forward-looking information" within the meaning of
applicable securities laws, including statements regarding the
plans, intentions, beliefs and current expectations of Kirkland
Lake Gold with respect to future business activities and operating
performance. Forward-looking information is often identified by the
words "may", "would", "could", "should", "will", "intend", "plan",
"anticipate", "believe", "estimate", "expect" or similar
expressions.
Investors are cautioned that forward-looking
information is not based on historical facts but instead reflect
the Company’s management's expectations, estimates or projections
concerning future results or events based on the opinions,
assumptions and estimates of management considered reasonable at
the date the statements are made. Although Kirkland Lake Gold
believes that the expectations reflected in such forward looking
information are reasonable, such information involves risks and
uncertainties, and undue reliance should not be placed on such
information, as unknown or unpredictable factors could have
material adverse effects on future results, performance or
achievements of the combined company. Among the key factors that
could cause actual results to differ materially from those
projected in the forward-looking information are the following: the
future development and growth potential of the Canadian and
Australian operations; the future exploration activities and the
anticipated effects thereof; changes in general economic, business
and political conditions, including changes in the financial
markets; changes in applicable laws; and compliance with extensive
government regulation. This forward-looking information may be
affected by risks and uncertainties in the business of Kirkland
Lake Gold and market conditions. This information is qualified in
its entirety by cautionary statements and risk factor disclosure
contained in filings made by Kirkland Lake Gold, including Kirkland
Lake Gold's annual information form dated December 31, 2017, and
the annual consolidated financial statements and related MD&A
for the year and three months ended December 31, 2017, which are
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 information prove incorrect, actual results may
vary materially from those described herein as intended, planned,
anticipated, believed, estimated or expected. Although Kirkland
Lake Gold 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. Kirkland Lake Gold does not intend, and do
not assume any obligation, to update this forward-looking
information except as otherwise required by applicable law.
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
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