Kirkland Lake Gold Inc.: 43.37 Ounces of Gold Over 10.4 Feet in New Zone in SMC, Including 344.4 Ounces Over One Foot.
Kirkland Lake Gold Inc. (the \"Company\") (TSX:KGI)(AIM:KGI) is pleased to announce an update on exploration drilling testing in the South Mine Complex (SMC). The SMC consists of 15 or more mineralized zones. Exploration drilling continues to extend previously defined mineralization and intersect new zones.
\"These intercepts represent some of the highest grade results yet encountered since the discovery of the SMC four years ago, and the 344 ounce assay over the one foot interval is the highest drill hole assay in the Camp\'s history, easily surpassing the previous record of 181 opt over 1.0 feet on the Lower D North in drill hole 50-740 reported by the Company in September 6, 2006,\" said Stewart Carmichael, Chief Exploration Geologist. He added, \"This zone likely correlates with drill hole 53-1070 located 70 feet west which assayed 15.3 ounces of gold over a core length of 2.3 feet.\"
- Published: 27 May 2008
- Written by Editor