KL hits 4750 g/t at Cosmo.
Key intercepts: 1,624 grams per tonne (“g/t”) gold (“Au”) over 0.91 m, including 4,750 g/t Au over 0.31 m; 198 g/t Au over 3.0 m, including 1,577 g/t Au over 0.35; 40.8 g/t Au over 18.7 m
s21.q4cdn.com
These are thin seams, but they lie quite close to each other (see figures in PDF).
Keep in mind that the Union Reefs mill is 5000 tpd, AND there's a 116%!! pre-tax PEA for a deposit called "Maud Creek", that KL owns, right there as well. Maud Creek is 52k to 70k ounces/year for 9.5 years, with the known current ore body.
So, yes, KL could easily have another big mine, high-grade, low-cost, cash cow of a mine, in the NT. And most likely will.
Unclear where KL's luck is coming from. Good geologists? Special blessing from the Our Lady of Kirkland Lake shrine? |
