back to the land of the golden highway...
April 10, 2007 Kirkland Lake Gold Inc.: Initial Drifting in March on New South Mine Provides 1,000 Tons of 1.5 Ounces of Gold Per Ton KIRKLAND LAKE, ONTARIO -- April 10, 2007 - Kirkland Lake Gold Inc. KGI/TSXV, KGI/AIM is pleased to announce an update on the development of the new, high grade ore systems that have been discovered to the south of the historic Main Break, recently termed the "New South Mine". The New South Mine consists of 15 or more mineralized gold zones that have been discovered to date which are located 1,000 feet and beyond to the south of the Main Break. These zones, which are open in all directions, are the focus of an exploration program which will include six drills working underground on the 5000 and 5300 foot levels.
Access development drifting is currently in progress on various mineralized zones in the New South Mine complex. The drifting will be used to further define the mineralization, converting resources to reserves, preparing stopes for mining and providing additional platforms for more efficient exploration drilling. For the month of March, the average recorded grade from 1,000 tons of development round much samples taken from the Lower D North Zone was 1.51 ounces of gold per ton ("opt").
"Thus far the grades returned from the drifting in the New South Mine are close to or in some instances, better than the grades indicated from the exploration drilling," said Michael Sutton, Chief Geologist. Duncan Middlemiss, Mine Manager, added, "Developmental drifting in the New South Mine has progressed as planned and returned exceptional ore results which have been blended with the ore mined from the Main Break."
***************************** |