Kirkland Lake Discoveries Hits 31.38 m of 1.22%, 36.5 m of 1.03% and 27.35 m of 1.27% CuEq from Surface and Makes a New Gold Discovery 2 km Northeast of Winnie Shaft

Core Insights - Kirkland Lake Discoveries (KLDC) has announced significant results from its inaugural drill program at the KL West Property, revealing high-grade copper sulphides and new gold discoveries within the Winnie Pluton [1][4][35] - The drill program confirmed a new mineralizing system with a 17-km perimeter, indicating a large-scale exploration opportunity in the Kirkland Lake camp [4][32] Drill Results - The drill program consisted of 10 holes totaling 1,722 meters, with notable intersections including: - 31.38 m of 1.22% CuEq from 14.62 m, including 5.02 m of 3.31% CuEq [7] - 36.5 m of 1.03% CuEq from 13.5 m, including 8.3 m of 2.18% CuEq [7] - 27.35 m of 1.27% CuEq from 13.9 m, including 8.2 m of 2.65% CuEq [7] - The results highlight the presence of both copper-rich massive sulphides and gold-bearing syenite, confirming the potential for high-grade and large-scale mineralization [8][28] New Discoveries - The program led to the first-ever discovery of gold-bearing syenite within the Winnie Pluton, associated with critical elements such as Cu, Ag, Te, Bi, and Mo [3][20] - Two distinct mineralizing systems were identified, reinforcing the interpretation that the Winnie Pluton is a significant mineralizing engine [20][25] Funding and Future Plans - KLDC is fully funded for a major follow-up drill program with over $12 million secured, utilizing newly completed Heli-MT geophysical data to guide exploration [5][33] - The company aims to expand its dataset with advanced geophysics and geochemistry to define the most prospective targets across the contact zone [33][39] Geological Significance - The findings at KL West represent a significant breakthrough for the Kirkland Lake camp, with the potential for additional discoveries along the 17-km perimeter of the Winnie Pluton [35][36] - The district has a history of producing over 40 million ounces of gold, with KLDC's land position being the largest consolidated package in the district's history [32][39]