Kirkland Lake Discoveries Expands Mineralized System with Semi-Massive to Massive Sulphide Intersections in Three Additional Holes at KL West Property

Core Insights - Kirkland Lake Discoveries has expanded its mineralized system at the KL West Property with three additional drill holes intersecting semi-massive to massive sulphides, confirming the significance of the Winnie Pluton in mineralization [1][5][44] - The company's geological model has shifted to focus on an intrusive-related system, indicating a larger and more complex mineralization environment than previously understood [2][4][44] Exploration and Geological Context - The drilling program was designed to test a new geological model around the historical Winnie Shaft, which was previously explored for copper, zinc, silver, and gold [3] - The KLDC's land position of 40,000 hectares encompasses the entire 17-kilometer Winnie Pluton contact, representing the largest consolidated package in the district's history [9][44] - The Kirkland Lake district has produced over 40 million ounces of gold, with major deposits typically associated with intrusive-related systems [9] Drilling Results and Technical Observations - The recent drilling program consisted of 10 holes totaling 1,722 meters, with 1,011 samples submitted for assay [13] - Significant mineralization was observed in multiple holes, with KLD25-37 intersecting mineralization at a depth of 97.5 meters, demonstrating continuity at depth [5][40] - The presence of alteration halos and various mineralization styles indicates a robust mineralizing system with several pulses of fluid activity [12][32] Future Plans and Advancements - The company plans to expand its dataset using advanced geophysics and geochemistry to define prospective targets across the contact zone, with a Heli-MT survey scheduled for the fall [10][44] - Results from the current drilling program will inform the design of the next phase of drilling, aimed at testing the most promising targets at depth and along strike [11][44]