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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (38118)4/13/2007 12:41:08 AM
From: E. Charters  Respond to of 78419
 
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."

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To: marcos who wrote (38118)4/13/2007 1:20:00 AM
From: onepath  Read Replies (2) | Respond to of 78419
 
alz.v Keith Kohl who wrote that article is part of Mike Schaefer's stable.Heavy promo and pricy subscriptions.Still have my ALZ but the lowered financing price has put me on edge a little.

aun.v Looked at this when it was a dime or so and for whatever dumb reason passed on it.Ended up with a pile of other mex. silvers that have all done well but AUN should have been in the pile.

tuo.v Still have it going into the third summer.Speaking of going it has gone nowhere for me but I still like it and maybe this time.lol Looks like a busy summer for TUO and the area they are in is overdue for a big hit.

mlm.v Sure looking good and fully loaded.

ktn.v Just waiting with a small position and ready to add.

The rest of my silver GGC SBB IPT EDR.wt MSV.wt SF FR EXM SST



To: marcos who wrote (38118)4/13/2007 12:28:32 PM
From: loantech  Read Replies (1) | Respond to of 78419
 
marcos,
Looking at the MC for EDR and FR etc it looks like USA can really run just to catch them. They have as much silver or close to it as EDR or FR. USA will produce a lot more silver in 2008 than either FR or EDR. To match FR's MC USA would need to be at 1.80 or so. I see an easy double.

I will hold USA for a three loonie price sometime in 2008!

Tom