Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or
the “
Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today
reported new high-grade drill intersections from underground
exploration drilling within the SMC at the Macassa Mine, Kirkland
Lake, Ontario. Results reported herein include 73 drill holes for
29,643 m of underground drilling from the east and west exploration
drifts on the 5300-foot level (“5300 Level”) as well as from the
5700 Level Ramp Development (“5700 Ramp”). Underground drilling
from the 5300 Level and 5700 Ramp will continue throughout the
remainder of 2019. The Company’s recent underground exploration
drilling efforts have utilized three drill rigs to focus on four
main target areas – SMC East, SMC West, Lower SMC and the
Amalgamated Break.
A total of 14 drill holes for 6,940 m drilled to
the east of the SMC from the 5300 Level exploration drift
intersected high-grade mineralization up to 60 m outside of
existing Mineral Resources (Figure 1). A total of 11 drill holes
for 5,396 m of drilling were completed from the 5300 Level west
exploration drift targeting the New South and Lower SMC zones. This
drilling intersected a mineralized zone, interpreted to be the
Lower SMC, approximately 250 m west of the current Mineral
Resources. An additional 40 drill holes for 15,990 m were completed
from the 5700 Level ramp development, which intersected high-grade
mineralization and successfully expanded the Lower SMC Zone. Refer
to Table 1 for a completed list of drill hole results.
The Amalgamated Break provides areas of
substantial exploration potential for Macassa that are largely
untested with past drilling. In Q1 2019, preliminary drilling
from the 5700 Level ramp development (8 holes for 1,317 m)
successfully intersected a previously unidentified area of
high-grade mineralization tightly associated with the Amalgamated
Break. In addition, reinterpretation of intercepts from 15
previously drilled holes (2,953 m) from the 5700 Level ramp and
five previously drilled holes (1,494 m) from the 5300 Level drift
has resulted in the identification of a new, steep north-dipping
mineralized zone north of, and likely associated with, the
Amalgamated Break. This new zone remains open and represents
a highly prospective target area for the addition of new resource
ounces.
Tony Makuch, President and CEO of Kirkland Lake
Gold, commented: “Today’s results highlight what we have often
said, that while it is a historic mine, Macassa is a modern
operation, with high-grade, low-cost production and substantial
exploration potential that will support mining well into the
future. Early drilling in 2019 has successfully identified
high-grade mineralization to the east, west and well below our
existing Mineral Resource base in the SMC. In addition, areas
running along the Amalgamated Break are extremely high-potential
targets, the exploration of which will be enhanced immensely once
we can drive underground exploration drifts off the #4 Shaft
following its completion. While not generally well understood,
these areas represent a whole new chapter for exploration in the
Kirkland Lake camp. At surface, the Amalgamated Break is a fault
that runs parallel to the Main/’04 Break, the source for most of
Kirkland Lake’s 25 million ounces of historic gold production.
Unlike the Main/’04 Break, the Amalgamated Break is largely
unexplored. The SMC is the first major high-grade zone discovered
that is associated with the Amalgamated Break, and we are confident
that there could be many more. In fact, with limited drilling, we
have already identified two new areas of high-grade mineralization
along the Break near our current mining operations. We will follow
up on these results over the balance of this year and plan to
expand our exploration efforts going forward.”
SMC East
A total of 14 drill holes and 6,940 m of
drilling has recently been completed from the 5300 Level east
exploration drift targeting the New South and Footwall zones.
Exploration efforts continue to intersect high grade mineralization
outside of the current resource area supporting further resource
growth. Drill holes of note in this area include: 53-3628
(62.7 g/t over 1.9 m true width (New South Zone)),
53-3572 (118.8 g/t over 2.0 m core length (unidentified HW
zone, true width unknown)), 53-3623A (73.8 g/t
over 2.7 m true width (New South Zone)). Ongoing
exploration development to the east on 5300 Level in Q1 and
excavation of diamond drill bay 165 m east of the current drill bay
will allow for further testing of the SMC with the potential for
resource growth. A diamond drill was mobilized into this new
drill bay and commenced drilling at the end of Q1 and will continue
to drill targets from this platform through 2019.
SMC West
A total of 11 drill holes for 5,396 m of
drilling has recently been completed from the 5300 Level west
exploration drift targeting the New South and Lower SMC zones.
Completion of a diamond drill bay on the 5300 Level west
exploration drift at the end of 2018 allowed for the mobilization
of a diamond drill to the platform and commencement of drilling
early in 2019. Phase 1 of the drilling program was designed to test
the general mineralizing potential of the area with wide spaced
holes. Initial efforts have intersected a mineralized zone,
interpreted to be the Lower SMC, approximately 250 m west of the
current resource (Figure 2). This significant step out is an early
indication of the potential for future resource growth in this
area. Drilling also resulted in several high-grade intercepts that
will require further follow up to confirm geometry. Drill holes of
note in this area include: 53-3697A (436.9 g/t over 2.8 m
core length (New South Zone)), 53-3733 (158.0 g/t
over 2.4 m true width (Lower SMC)), 53-3695 (79.0
g/t over 1.0 m true width (Lower SMC)), 53-3698
(4,772.2 g/t over 2.0 m core length (unidentified HW zone,
true width unknown)) and 53-3697A (436.9 g/t over
2.8 m core length (unidentified HW zone, true width
unknown)). Phase 2 of this drilling will focus on closer
spaced drilling in an effort to add resource ounces to the current
inventory. Exploration development continues to the west on the
5300 Level and excavation of a new diamond drill bay 165 m west of
the current drill bay is anticipated later in Q2. Drilling from
this new drill bay is anticipated to commence in Q2 and will allow
for drilling coverage of a significant area west of the current SMC
resource and testing of target areas deep on the ’04 Break.
Lower SMC
A total of 40 drill holes for 15,990 m of
drilling has been completed from the 5700 Ramp development
targeting the central part of the Lower SMC. The drill program was
designed to test outside of the current resource area. This drill
program has been successful in expanding the Lower SMC zone in this
area and shows potential for addition of resource ounces. Drill
holes of note in this area include: 57-625 (2,458.6 g/t
over 1.8 m true width (Lower SMC)), 57-658 (523.1
g/t over 2.0 m core length (unidentified HW zone, true width
unknown)), and 57-622 (20.0 g/t over 3.8 m true
width (Lower SMC)). The current drill program has been
completed and the drill has been mobilized to the far east drill
bay on the 5300 Level to test the east extension of the SMC.
Amalgamated Break East and
West
A total of 8 drill holes for 1,317 m of drilling
is being reported from the 5700 Ramp targeting the Amalgamated
Break to the east. This early stage drilling program has
identified an area of high-grade mineralization tightly associated
with the Amalgamated Break. 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 resource ounces. Drill holes of
note in this area include: 57-704 (429.1 g/t over 2.7 m
true width), 57-689 (164.8 g/t over 2.1 m true
width) and 57-703 (26.7 g/t over 1.2 m true
width). Drilling to follow up on the down dip and western
extent of this mineralization will continue in Q2 and will continue
throughout 2019 if warranted by further positive results.
Reinterpretation of intercepts from 15
production drill holes (2,953 m) drilled to the west from the 5700
Ramp development and five exploration drill holes (1,494 m) drilled
to the west from the 5300 Level has outlined a steep north-dipping
mineralized zone north of and in the immediate hanging wall of the
Amalgamated Break. This zone remains open and represents a
highly prospective target area for the addition of new resource
ounces. Drill holes of note in this area include: 57-425
(827.9 g/t over 2.0 m core length (Amalgamated
West)), 57-423 (360.9 g/t over 2.0 m core length
(Amalgamated West)), 57-418 (333.8 g/t over 2.0 m
core length (Amalgamated West)). Refer to Table 2 for the
complete list of production and reinterpreted drill holes.
Additional drilling in this area is planned from the 5700 Ramp
development in Q2 and will continue throughout 2019 if warranted by
further positive results.
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.
To view a PDF of the figures referenced in this
News Release, visit the links below. Tables are provided at the end
of this News Release.
Figure 1:
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/e13f3528-a49e-4636-8f4a-46aaf10e3cb4
Figure 2:
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/bd167d97-8d35-4187-bbf0-0228eaf719cd
Figure 3:
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/a57aaa3f-e3e0-4731-8d3a-ab34ec6c5849
Figure 4:
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/17bf67c3-66b7-41c9-b539-2c85ff12f0b2
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. Samples are logged and sampled in a secure facility at
the Macassa mine site and under supervision of Qualified
Geologists. BQ sized core is sawn in half with one half of the core
being shipped to Swastika Laboratories in Swastika, Ontario and the
other half retained for future assay verification. Assaying of the
samples is completed using Fire Assay techniques with samples less
than 6 gpt being analyzed with Atomic Absorption (AA) and samples
greater than 6 gpt with gravimetric finish. Selected high grade
samples are also analyzed using the screen metallics procedure.
Other QA/QC includes the insertion of certified reference
standards, blanks and the regular re-assaying of pulps and rejects
at alternate certified laboratories. 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
920,000 – 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 mineralization, the
timing and results thereof; the ability to continue to expand the
SMC and to increase its level of resources and the 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, 2017, 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
DRILLHOLE |
EASTING |
NORTHING |
ELEVATION(m) |
HOLELENGTH(m) |
AZI |
DIP(°) |
Target |
FROM(m) |
TO(m) |
CORELENGTH(m) |
TrueWidth(m) |
GradeAu (g/t) |
CutGrade(g/t) |
Zone |
53-3570 |
570026 |
5331721 |
-1261 |
457 |
325 |
-64 |
East |
NSV |
|
53-3571 |
570026 |
5331721 |
-1261 |
466 |
329 |
-60 |
East |
245.5 |
249.0 |
3.6 |
3.4 |
3.2 |
|
1-12 |
Including |
|
|
|
|
|
|
|
248.1 |
249.0 |
0.9 |
0.9 |
7.9 |
|
|
AND |
|
|
|
|
|
|
|
256.0 |
259.1 |
3.0 |
|
4.5 |
|
|
AND |
|
|
|
|
|
|
|
326.9 |
328.9 |
2.0 |
|
31.4 |
|
|
Including |
|
|
|
|
|
|
|
327.5 |
328.1 |
0.6 |
|
96.9 |
|
|
53-3572 |
570026 |
5331721 |
-1261 |
442 |
343 |
-67 |
East |
177.1 |
179.1 |
2.0 |
|
118.8 |
|
|
Including |
|
|
|
|
|
|
|
177.8 |
178.2 |
0.4 |
|
650.2 |
|
|
AND |
|
|
|
|
|
|
|
260.9 |
264.0 |
3.0 |
2.8 |
3.2 |
|
1-12 |
Including |
|
|
|
|
|
|
|
262.4 |
262.7 |
0.3 |
0.3 |
10.0 |
|
|
53-3573 |
570025 |
5331722 |
-1261 |
516 |
350 |
-49 |
East |
255.8 |
257.8 |
2.0 |
2.0 |
8.7 |
|
1-12 |
Including |
|
|
|
|
|
|
|
255.8 |
256.8 |
1.0 |
1.0 |
16.7 |
|
|
AND |
|
|
|
|
|
|
|
262.7 |
264.7 |
2.0 |
|
6.1 |
|
|
Including |
|
|
|
|
|
|
|
264.0 |
264.3 |
0.3 |
|
38.8 |
|
|
AND |
|
|
|
|
|
|
|
283.6 |
290.2 |
6.5 |
|
4.7 |
|
|
Including |
|
|
|
|
|
|
|
287.7 |
290.2 |
2.5 |
|
8.5 |
|
|
53-3574 |
570026 |
5331721 |
-1261 |
488 |
354 |
-58 |
East |
254.2 |
256.2 |
2.0 |
2.0 |
15.0 |
|
1-12 |
Including |
|
|
|
|
|
|
|
254.9 |
255.3 |
0.5 |
0.5 |
55.9 |
|
|
AND |
|
|
|
|
|
|
|
332.8 |
334.8 |
2.0 |
|
32.7 |
|
|
Including |
|
|
|
|
|
|
|
333.8 |
334.8 |
1.1 |
|
60.5 |
|
|
53-3575 |
570025 |
5331722 |
-1261 |
549 |
356 |
-48 |
East |
NSV |
|
53-3576 |
570025 |
5331723 |
-1261 |
686 |
357 |
-36 |
East |
257.1 |
261.8 |
4.7 |
4.6 |
9.3 |
|
1-12 |
Including |
|
|
|
|
|
|
|
257.1 |
257.6 |
0.5 |
0.5 |
38.8 |
|
|
Including |
|
|
|
|
|
|
|
261.2 |
261.8 |
0.6 |
0.6 |
25.3 |
|
|
53-3577 |
570026 |
5331722 |
-1261 |
503 |
0 |
-55 |
East |
253.3 |
255.3 |
2.0 |
2.0 |
31.9 |
|
1-12 |
Including |
|
|
|
|
|
|
|
254.8 |
255.1 |
0.3 |
0.3 |
181.2 |
|
|
AND |
|
|
|
|
|
|
|
280.2 |
282.2 |
2.0 |
|
15.6 |
|
|
Including |
|
|
|
|
|
|
|
280.4 |
280.8 |
0.4 |
|
79.1 |
|
|
53-3578 |
570025 |
5331724 |
-1261 |
597 |
359 |
-33 |
East |
NSV |
|
53-3579 |
570027 |
5331722 |
-1261 |
447 |
22 |
-59 |
East |
NSV |
|
53-3619A |
570026 |
5331721 |
-1261 |
408 |
309 |
-48 |
East |
NSV |
|
53-3620 |
570026 |
5331721 |
-1261 |
396 |
312 |
-55 |
East |
253.9 |
260.3 |
6.4 |
5.9 |
9.1 |
|
1-12 |
Including |
|
|
|
|
|
|
|
253.9 |
256.0 |
2.1 |
2.0 |
22.1 |
|
|
Including |
|
|
|
|
|
|
|
253.9 |
254.5 |
0.6 |
0.5 |
71.7 |
|
|
Including |
|
|
|
|
|
|
|
259.7 |
260.3 |
0.6 |
0.5 |
16.2 |
|
|
53-3623A |
570025 |
5331722 |
-1261 |
503 |
343 |
-44 |
East |
314.4 |
317.3 |
2.9 |
2.7 |
73.8 |
|
1-12 |
Including |
|
|
|
|
|
|
|
316.2 |
317.3 |
1.1 |
1.0 |
197.4 |
|
|
53-3628 |
570026 |
5331723 |
-1261 |
482 |
10 |
-49 |
East |
266.9 |
268.9 |
2.0 |
1.9 |
62.7 |
43.6 |
1-12 |
Including |
|
|
|
|
|
|
|
267.6 |
267.9 |
0.3 |
0.3 |
400.3 |
274.3 |
|
AND |
|
|
|
|
|
|
|
418.2 |
420.2 |
2.0 |
|
10.8 |
|
|
Including |
|
|
|
|
|
|
|
418.8 |
419.7 |
0.9 |
|
21.5 |
|
|
53-3685 |
568756 |
5331152 |
-1264 |
305 |
128 |
-74 |
West SMC |
NSV |
|
53-3690 |
568756 |
5331152 |
-1264 |
969 |
287 |
-3 |
West SMC |
NSV |
|
53-3691A |
568756 |
5331152 |
-1264 |
579 |
295 |
-46 |
West |
NSV |
|
53-3692 |
568756 |
5331152 |
-1264 |
305 |
293 |
-22 |
West |
170.4 |
172.8 |
2.4 |
0.8 |
26.3 |
|
|
Including |
|
|
|
|
|
|
|
170.4 |
171.6 |
1.2 |
0.4 |
47.2 |
|
|
53-3695 |
568756 |
5331152 |
-1264 |
494 |
307 |
-32 |
West |
87.5 |
89.7 |
2.2 |
|
3.0 |
|
|
Including |
|
|
|
|
|
|
|
88.7 |
89.7 |
1.0 |
|
5.0 |
|
|
AND |
|
|
|
|
|
|
|
376.1 |
378.1 |
2.0 |
1.0 |
79.0 |
|
3-0 |
Including |
|
|
|
|
|
|
|
376.6 |
377.3 |
0.8 |
0.3 |
208.0 |
|
|
53-3697A |
568756 |
5331152 |
-1264 |
610 |
312 |
-18 |
West |
57.9 |
61.8 |
3.9 |
|
6.8 |
|
|
Including |
|
|
|
|
|
|
|
57.9 |
58.8 |
0.8 |
|
25.4 |
|
|
AND |
|
|
|
|
|
|
|
135.2 |
138.0 |
2.8 |
|
436.9 |
|
|
Including |
|
|
|
|
|
|
|
135.6 |
136.8 |
1.2 |
|
1015.8 |
|
|
AND |
|
|
|
|
|
|
|
139.6 |
141.7 |
2.1 |
|
6.4 |
|
|
AND |
|
|
|
|
|
|
|
143.9 |
146.7 |
2.8 |
|
3.2 |
|
|
AND |
|
|
|
|
|
|
|
157.3 |
160.5 |
3.2 |
1.9 |
5.9 |
|
|
AND |
|
|
|
|
|
|
|
415.7 |
417.7 |
2.0 |
1.4 |
30.0 |
|
3-17 |
Including |
|
|
|
|
|
|
|
415.7 |
416.8 |
1.1 |
0.8 |
54.6 |
|
|
53-3698 |
568756 |
5331152 |
-1264 |
396 |
313 |
-40 |
West |
216.5 |
218.5 |
2.0 |
|
4772.2 |
|
|
Including |
|
|
|
|
|
|
|
216.5 |
216.9 |
0.4 |
|
26211.7 |
|
|
53-3733 |
568756 |
5331152 |
-1264 |
427 |
345 |
-25 |
West |
346.9 |
349.3 |
2.4 |
2.4 |
158.0 |
23.5 |
3-17 |
Including |
|
|
|
|
|
|
|
347.5 |
348.1 |
0.6 |
0.6 |
621.4 |
83.5 |
|
Including |
|
|
|
|
|
|
|
347.8 |
348.1 |
0.3 |
0.3 |
1178.6 |
102.9 |
|
53-3734 |
568756 |
5331152 |
-1264 |
168 |
23 |
-35 |
West |
102.4 |
104.4 |
2.0 |
1.8 |
30.1 |
|
|
Including |
|
|
|
|
|
|
|
102.4 |
103.0 |
0.6 |
0.5 |
90.2 |
|
|
53-3749 |
568756 |
5331152 |
-1264 |
565 |
311 |
-13 |
West |
183.4 |
185.4 |
2.0 |
2.0 |
9.6 |
|
5-14 |
Including |
|
|
|
|
|
|
|
185.0 |
185.4 |
0.4 |
0.4 |
50.3 |
|
|
53-3750 |
568756 |
5331152 |
-1264 |
579 |
310 |
-16 |
West |
156.1 |
158.1 |
2.0 |
1.1 |
30.5 |
|
|
Including |
|
|
|
|
|
|
|
157.2 |
157.9 |
0.6 |
0.3 |
92.4 |
|
|
AND |
|
|
|
|
|
|
|
309.6 |
311.6 |
2.0 |
1.0 |
8.4 |
|
|
57-580 |
569222 |
5331378 |
-1398 |
126 |
38 |
-62 |
Lower SMC |
NSV |
|
57-581 |
569222 |
5331378 |
-1398 |
396 |
39 |
-55 |
Lower SMC |
212.7 |
214.7 |
2.0 |
1.8 |
6.4 |
|
1-53 |
Including |
|
|
|
|
|
|
|
213.4 |
214.1 |
0.7 |
0.6 |
17.3 |
|
|
AND |
|
|
|
|
|
|
|
324.2 |
326.7 |
2.5 |
1.8 |
3.4 |
|
3-14 |
57-583 |
569221 |
5331374 |
-1398 |
427 |
47 |
-56 |
Lower SMC |
73.8 |
76.7 |
3.0 |
|
7.9 |
|
|
AND |
|
|
|
|
|
|
|
196.7 |
198.7 |
2.0 |
|
5.1 |
|
|
Including |
|
|
|
|
|
|
|
197.6 |
198.1 |
0.5 |
|
14.4 |
|
|
AND |
|
|
|
|
|
|
|
346.3 |
348.4 |
2.0 |
1.2 |
3.2 |
|
3-14 |
57-584A |
569221 |
5331374 |
-1398 |
460 |
55 |
-60 |
Lower SMC |
189.7 |
191.7 |
2.0 |
|
4.3 |
|
|
Including |
|
|
|
|
|
|
|
190.7 |
191.1 |
0.4 |
|
21.2 |
|
|
AND |
|
|
|
|
|
|
|
205.4 |
207.4 |
2.0 |
1.8 |
72.5 |
|
1-53 |
Including |
|
|
|
|
|
|
|
206.3 |
206.7 |
0.4 |
0.3 |
342.2 |
|
|
AND |
|
|
|
|
|
|
|
319.8 |
322.8 |
3.0 |
|
5.1 |
|
|
57-585 |
569221 |
5331374 |
-1398 |
518 |
302 |
-56 |
Lower SMC |
413.2 |
415.2 |
2.0 |
1.4 |
13.6 |
|
3-14 |
Including |
|
|
|
|
|
|
|
413.5 |
414.0 |
0.5 |
0.3 |
52.1 |
|
|
AND |
|
|
|
|
|
|
|
432.1 |
434.2 |
2.0 |
|
3.3 |
|
|
57-586 |
569221 |
5331374 |
-1398 |
40 |
309 |
-61 |
Lower SMC |
Hole Restarted |
|
57-586A |
569221 |
5331374 |
-1398 |
472 |
312 |
-55 |
Lower SMC |
69.8 |
71.8 |
2.0 |
|
6.4 |
|
1-37? |
Including |
|
|
|
|
|
|
|
71.0 |
71.8 |
0.8 |
|
14.6 |
|
|
AND |
|
|
|
|
|
|
|
272.6 |
274.6 |
2.0 |
|
13.2 |
|
|
AND |
|
|
|
|
|
|
|
393.4 |
395.4 |
2.0 |
1.3 |
33.7 |
|
3-14 |
Including |
|
|
|
|
|
|
|
394.3 |
394.8 |
0.5 |
0.3 |
134.6 |
|
|
57-588 |
569221 |
5331374 |
-1398 |
456 |
317 |
-59 |
Lower SMC |
365.7 |
368.2 |
2.5 |
|
12.7 |
|
|
Including |
|
|
|
|
|
|
|
367.8 |
368.2 |
0.3 |
|
83.6 |
|
|
57-607 |
569221 |
5331374 |
-1398 |
375 |
19 |
-54 |
Lower SMC |
278.9 |
280.9 |
2.0 |
1.8 |
3.4 |
|
3-14 |
57-609 |
569221 |
5331374 |
-1398 |
488 |
19 |
-74 |
Lower SMC |
293.9 |
295.9 |
2.0 |
|
3.5 |
|
|
AND |
|
|
|
|
|
|
|
425.8 |
430.4 |
4.6 |
1.8 |
7.4 |
|
3-14 |
Including |
|
|
|
|
|
|
|
425.8 |
427.0 |
1.2 |
0.5 |
16.2 |
|
|
Including |
|
|
|
|
|
|
|
429.6 |
430.4 |
0.8 |
0.3 |
13.9 |
|
|
57-610 |
569221 |
5331374 |
-1398 |
396 |
37 |
-58 |
Lower SMC |
332.8 |
334.8 |
2.0 |
1.3 |
5.5 |
|
3-14 |
Including |
|
|
|
|
|
|
|
332.8 |
333.2 |
0.4 |
0.3 |
24.9 |
|
|
57-611 |
569222 |
5331374 |
-1398 |
152 |
61 |
-40 |
Lower SMC |
NSV - Target not reached |
|
57-612 |
569221 |
5331374 |
-1398 |
274 |
68 |
-53 |
Lower SMC |
NSV - Target not reached |
|
57-613 |
569222 |
5331374 |
-1398 |
305 |
73 |
-40 |
Lower SMC |
92.1 |
95.0 |
2.9 |
|
4.1 |
|
|
AND |
|
|
|
|
|
|
|
100.0 |
102.4 |
2.3 |
|
7.7 |
|
|
57-619 |
569221 |
5331374 |
-1398 |
457 |
306 |
-48 |
Lower SMC |
409.5 |
411.5 |
2.0 |
1.3 |
6.4 |
|
3-14 |
Including |
|
|
|
|
|
|
|
409.9 |
410.8 |
0.9 |
0.6 |
13.9 |
|
|
57-620 |
569221 |
5331374 |
-1398 |
488 |
306 |
-52 |
Lower SMC |
NSV |
|
57-621 |
569221 |
5331374 |
-1398 |
457 |
309 |
-46 |
Lower SMC |
NSV |
|
57-622 |
569221 |
5331374 |
-1398 |
418 |
310 |
-51 |
Lower SMC |
161.8 |
163.8 |
2.0 |
|
3.1 |
|
|
Including |
|
|
|
|
|
|
|
162.8 |
163.1 |
0.4 |
|
17.0 |
|
|
AND |
|
|
|
|
|
|
|
197.5 |
199.6 |
2.0 |
|
12.6 |
|
|
Including |
|
|
|
|
|
|
|
198.1 |
199.0 |
0.9 |
|
26.8 |
|
|
AND |
|
|
|
|
|
|
|
391.0 |
393.0 |
2.0 |
|
6.0 |
|
|
AND |
|
|
|
|
|
|
|
396.5 |
401.5 |
5.1 |
3.8 |
20.0 |
|
3-14 |
Including |
|
|
|
|
|
|
|
396.5 |
396.8 |
0.3 |
0.2 |
64.7 |
|
|
Including |
|
|
|
|
|
|
|
398.9 |
399.3 |
0.4 |
0.3 |
153.3 |
|
|
57-623 |
569221 |
5331374 |
-1398 |
457 |
312 |
-56 |
Lower SMC |
385.6 |
387.6 |
2.0 |
1.3 |
4.2 |
|
3-14 |
57-624 |
569221 |
5331374 |
-1398 |
392 |
320 |
-60 |
Lower SMC |
NSV |
|
57-625 |
569221 |
5331374 |
-1398 |
427 |
320 |
-62 |
Lower SMC |
342.3 |
345.2 |
2.8 |
1.8 |
2458.6 |
|
3-14 |
Including |
|
|
|
|
|
|
|
342.3 |
342.6 |
0.3 |
0.2 |
22469.3 |
|
|
Including |
|
|
|
|
|
|
|
344.6 |
345.2 |
0.6 |
0.4 |
206.8 |
|
|
AND |
|
|
|
|
|
|
|
357.7 |
361.8 |
4.1 |
|
3.9 |
|
|
57-626 |
569221 |
5331374 |
-1398 |
488 |
322 |
-65 |
Lower SMC |
351.6 |
353.6 |
2.0 |
1.1 |
7.0 |
|
3-14 |
Including |
|
|
|
|
|
|
|
352.7 |
353.6 |
0.9 |
0.5 |
15.5 |
|
|
AND |
|
|
|
|
|
|
|
426.4 |
434.2 |
7.8 |
|
3.2 |
|
|
57-627 |
569221 |
5331374 |
-1398 |
451 |
327 |
-66 |
Lower SMC |
441.7 |
443.7 |
2.0 |
|
15.8 |
|
|
Including |
|
|
|
|
|
|
|
441.7 |
442.2 |
0.6 |
|
54.9 |
|
|
57-628 |
569221 |
5331374 |
-1398 |
366 |
342 |
-59 |
Lower SMC |
180.0 |
182.0 |
2.0 |
|
3.9 |
|
|
Including |
|
|
|
|
|
|
|
180.6 |
181.1 |
0.4 |
|
17.1 |
|
|
57-629 |
569221 |
5331374 |
-1398 |
396 |
335 |
-63 |
Lower SMC |
310.3 |
312.3 |
2.0 |
1.4 |
66.2 |
|
3-14 |
Including |
|
|
|
|
|
|
|
310.9 |
311.5 |
0.6 |
0.4 |
228.8 |
|
|
57-630A |
569221 |
5331374 |
-1398 |
445 |
346 |
-70 |
Lower SMC |
173.3 |
175.6 |
2.3 |
|
6.0 |
|
|
57-631 |
569221 |
5331374 |
-1398 |
456 |
27 |
-67 |
Lower SMC |
NSV |
|
57-632 |
569221 |
5331374 |
-1398 |
366 |
36 |
-55 |
Lower SMC |
208.8 |
210.8 |
2.0 |
1.9 |
4.3 |
|
1-53 |
Including |
|
|
|
|
|
|
|
209.9 |
210.2 |
0.3 |
0.3 |
27.9 |
|
|
57-653 |
569221 |
5331374 |
-1398 |
482 |
309 |
-60 |
Lower SMC |
NSV |
|
57-654 |
569221 |
5331374 |
-1398 |
480 |
349 |
-55 |
Lower SMC |
NSV |
|
57-655 |
569221 |
5331374 |
-1398 |
30 |
348 |
-69 |
Lower SMC |
NSV - Hole Abandoned |
|
57-656 |
569221 |
5331374 |
-1398 |
383 |
24 |
-58 |
Lower SMC |
200.2 |
202.2 |
2.0 |
1.9 |
32.4 |
|
1-53 |
Including |
|
|
|
|
|
|
|
201.0 |
201.4 |
0.3 |
0.3 |
166.0 |
|
|
57-658 |
569221 |
5331374 |
-1398 |
503 |
36 |
-69 |
Lower SMC |
96.0 |
98.0 |
2.0 |
|
523.1 |
|
|
Including |
|
|
|
|
|
|
|
96.1 |
96.4 |
0.3 |
|
2827.9 |
|
|
AND |
|
|
|
|
|
|
|
186.1 |
189.7 |
3.6 |
3.5 |
16.0 |
|
1-53 |
Including |
|
|
|
|
|
|
|
186.1 |
186.4 |
0.3 |
0.3 |
143.2 |
|
|
AND |
|
|
|
|
|
|
|
246.9 |
248.9 |
2.0 |
|
6.1 |
|
|
Including |
|
|
|
|
|
|
|
247.6 |
248.1 |
0.5 |
|
26.7 |
|
|
AND |
|
|
|
|
|
|
|
401.6 |
407.1 |
5.5 |
1.8 |
8.9 |
|
3-14 |
Including |
|
|
|
|
|
|
|
401.6 |
405.4 |
3.8 |
1.2 |
11.7 |
|
|
Including |
|
|
|
|
|
|
|
401.6 |
402.3 |
0.8 |
0.1 |
44.5 |
|
|
57-682 |
569221 |
5331374 |
-1398 |
396 |
36 |
-46 |
Lower SMC |
220.2 |
222.5 |
2.3 |
1.9 |
5.1 |
|
1-53 |
57-683 |
569221 |
5331374 |
-1398 |
443 |
46 |
-58 |
Lower SMC |
NSV |
|
57-685 |
569221 |
5331374 |
-1398 |
168 |
125 |
-41 |
AK BREAK |
NSV |
|
57-686 |
569221 |
5331374 |
-1399 |
49 |
136 |
-50 |
AK BREAK |
Hole Restarted |
|
57-686A |
569221 |
5331374 |
-1398 |
137 |
136 |
-47 |
AK BREAK |
NSV |
|
57-687 |
569221 |
5331374 |
-1398 |
137 |
176 |
-53 |
AK BREAK |
NSV |
|
57-688 |
569221 |
5331374 |
-1398 |
229 |
186 |
-41 |
AK BREAK |
69.3 |
71.3 |
2.0 |
2.0 |
5.0 |
|
3-26 |
Including |
|
|
|
|
|
|
|
69.4 |
69.8 |
0.4 |
0.4 |
19.2 |
|
|
57-689 |
569221 |
5331374 |
-1398 |
277 |
235 |
-40 |
AK BREAK |
94.5 |
97.5 |
3.0 |
2.1 |
164.8 |
|
3-26 |
Including |
|
|
|
|
|
|
|
95.3 |
95.7 |
0.5 |
0.3 |
770.2 |
|
|
57-698 |
569221 |
5331374 |
-1398 |
405 |
312 |
-46 |
Lower SMC |
376.7 |
378.7 |
2.0 |
|
4.8 |
|
3-14 |
Including |
|
|
|
|
|
|
|
377.7 |
378.1 |
0.3 |
|
27.2 |
|
|
57-700 |
569221 |
5331374 |
-1398 |
486 |
317 |
-58 |
Lower SMC |
345.4 |
347.4 |
2.0 |
1.3 |
26.4 |
|
3-14 |
Including |
|
|
|
|
|
|
|
345.4 |
346.2 |
0.8 |
0.5 |
66.7 |
|
|
57-700A |
569221 |
5331374 |
-1398 |
488 |
312 |
-59 |
Lower SMC |
407.4 |
410.1 |
2.7 |
|
3.3 |
|
3-14 |
57-701 |
569221 |
5331374 |
-1398 |
472 |
4 |
-72 |
Lower SMC |
NSV |
|
57-702 |
569221 |
5331374 |
-1398 |
472 |
19 |
-72 |
Lower SMC |
179.0 |
181.1 |
2.0 |
|
3.6 |
|
1-53 |
Including |
|
|
|
|
|
|
|
180.1 |
180.4 |
0.3 |
|
20.5 |
|
|
AND |
|
|
|
|
|
|
|
269.3 |
271.3 |
2.0 |
|
3.2 |
|
|
Including |
|
|
|
|
|
|
|
270.4 |
270.8 |
0.3 |
|
21.0 |
|
|
AND |
|
|
|
|
|
|
|
431.3 |
433.3 |
2.0 |
|
39.6 |
|
3-14 |
Including |
|
|
|
|
|
|
|
432.0 |
432.5 |
0.5 |
|
140.3 |
|
|
57-703 |
569221 |
5331374 |
-1398 |
168 |
241 |
-46 |
AK BREAK |
63.3 |
65.3 |
2.0 |
|
7.1 |
|
|
Including |
|
|
|
|
|
|
|
64.7 |
65.3 |
0.6 |
|
23.3 |
|
|
AND |
|
|
|
|
|
|
|
101.9 |
103.9 |
2.0 |
1.2 |
26.7 |
|
3-26 |
Including |
|
|
|
|
|
|
|
101.9 |
102.7 |
0.8 |
0.5 |
67.4 |
|
|
57-704 |
569221 |
5331374 |
-1398 |
152 |
228 |
-44 |
AK BREAK |
79.2 |
82.6 |
3.3 |
2.7 |
429.1 |
|
3-26 |
Including |
|
|
|
|
|
|
|
79.2 |
79.9 |
0.6 |
0.5 |
1986.7 |
|
|
NSV = No significant value, VG = Visible Gold;
Tell = Tellurides; *Cut = cut to 274.3 g/t for New South Zone and
102.9 g/t for Lower SMC.The top cut only applies to New South Zone
and Lower SMC where a statistical cut has been calculated. All
other zones remain uncut. * Assay result reported was completed at
Macassa’s on-site laboratory as part of a definition drilling
program.**As part of routine QA/QC procedures to verify a select
sample of high-grade assay, the pulp from this sample was also sent
to an off-site independent lab for assay.
Drill Hole |
EASTING |
NORTHING |
ELEVATION(m) |
HOLELENGTH(m) |
AZIMUTH |
DIP(°) |
FROM(m) |
TO(m) |
CORELENGTH(m) |
GradeAu (g/t) |
57-418 |
568974 |
5331174 |
-1389 |
69 |
287 |
-45 |
23.6 |
25.5 |
2.0 |
333.8** |
Including |
|
|
|
|
|
|
23.9 |
24.2 |
0.3 |
2097.3** |
57-419 |
568974 |
5331174 |
-1388 |
144 |
302 |
1 |
NSV |
57-420 |
568974 |
5331174 |
-1388 |
122 |
300 |
-6 |
11.6 |
13.6 |
2.0 |
10.1** |
Including |
|
|
|
|
|
|
12.0 |
12.7 |
0.7 |
27.2** |
57-421 |
568974 |
5331175 |
-1388 |
168 |
311 |
0 |
NSV |
57-422 |
568974 |
5331175 |
-1388 |
175 |
316 |
11 |
9.8 |
11.8 |
2.0 |
8.5* |
Including |
|
|
|
|
|
|
10.5 |
11.0 |
0.6 |
22.2* |
57-423 |
568974 |
5331175 |
-1388 |
160 |
323 |
10 |
10.2 |
12.2 |
2.0 |
360.9** |
Including |
|
|
|
|
|
|
10.5 |
10.8 |
0.3 |
2325.7** |
57-424 |
568974 |
5331175 |
-1388 |
168 |
322 |
2 |
10.8 |
12.7 |
2.0 |
45.6** |
Including |
|
|
|
|
|
|
10.8 |
11.1 |
0.3 |
233.6** |
57-425 |
568974 |
5331175 |
-1388 |
114 |
324 |
-5 |
10.5 |
12.5 |
2.0 |
827.9** |
Including |
|
|
|
|
|
|
11.1 |
11.8 |
0.7 |
2317.7** |
57-426 |
568975 |
5331175 |
-1388 |
206 |
-27 |
7 |
11.3 |
13.3 |
2.0 |
3.6* |
57-429 |
568975 |
5331175 |
-1388 |
107 |
-15 |
-13 |
10.2 |
12.2 |
2.0 |
19.2** |
57-430 |
568975 |
5331175 |
-1388 |
145 |
-5 |
5 |
NSV |
57-432 |
568976 |
5331175 |
-1388 |
99 |
22 |
-16 |
22.5 |
25.2 |
2.7 |
15.8** |
Including |
|
|
|
|
|
|
22.5 |
23.6 |
1.1 |
31.4* |
57-439 |
568974 |
5331175 |
-1389 |
457 |
318 |
-36 |
14.8 |
18.1 |
3.3 |
17.3* |
Including |
|
|
|
|
|
|
14.8 |
15.3 |
0.5 |
86.7* |
57-440 |
568974 |
5331175 |
-1389 |
457 |
323 |
-36 |
14.2 |
18.1 |
4.0 |
4.0* |
57-442 |
568975 |
5331175 |
-1389 |
362 |
-25 |
-38 |
15.9 |
18.7 |
2.7 |
14.1** |
53-2150 |
568905 |
5331233 |
-1266 |
213 |
118 |
-58 |
156.7 |
158.6 |
2.0 |
53.5 |
Including |
|
|
|
|
|
|
158.3 |
158.6 |
0.3 |
322.5 |
53-2253 |
568905 |
5331233 |
-1266 |
229 |
131 |
-66 |
178.2 |
180.7 |
2.5 |
32.9 |
Including |
|
|
|
|
|
|
179.8 |
180.7 |
0.8 |
92.5 |
53-2230 |
568905 |
5331233 |
-1266 |
213 |
129 |
-67 |
187.5 |
189.5 |
2.0 |
33.5 |
Including |
|
|
|
|
|
|
187.5 |
188.2 |
0.7 |
91.3 |
53-2255 |
568902 |
5331232 |
-1266 |
610 |
183 |
-66 |
177.8 |
182.1 |
4.4 |
16.7 |
Including |
|
|
|
|
|
|
177.8 |
178.7 |
0.9 |
60.9 |
Including |
|
|
|
|
|
|
181.6 |
182.1 |
0.5 |
24.4 |
53-2256 |
568901 |
5331232 |
-1266 |
229 |
202 |
-59 |
193.3 |
195.3 |
2.0 |
4.0 |
NSV = No significant value, VG = Visible Gold; Tell =
Tellurides;* Assay result reported was completed at Macassa’s
on-site laboratory as part of a definition drilling program.**As
part of routine QA/QC procedures to verify a select sample of
high-grade assay, the pulp from this sample was also sent to an
off-site independent lab for assay.
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