Kirkland Lake Gold Ltd. reported new drill results from 54 holes (20,773 meters) of underground exploration drilling from the Macassa mine in Kirkland Lake, Ontario. Holes in the program were completed from new drill platforms located on the east side of the 5300 and 5800 levels and designed to confirm and expand mineral reserves and mineral resources in the SMC zone to the east as well as up and down dip.
“Today’s drilling results also include high-grade intersections in the area where the SMC merges with the Amalgamated Break, as well as the identification of potential new high-grade lenses to the southeast and in the footwall of the main SMC structure,” President and CEO Tony Makuch said.
A total of 16 holes (5,597 m) were drilled to test the potential eastward extension in the SMC. Key intercepts from the drilling include: 589.5 grams per metric ton (g/mt) over 2 m, including 1,296.5 g/mt over 0.9 m; and 25.1 g/mt over 2 m, including 99.7 g/mt over 0.5 m. These intercepts are from holes drilled from the two furthest east drill platforms on the 5300 level exploration drive.
These intercepts are believed to be related to new high-grade lenses occurring along the east extension of the SMC East Trend.
“The SMC East mineralized structure appears to be swinging to the northeast in the direction of the large corridor of high-grade mineralization that we identified along the Main Break and announced last year,” Makuch said. “The convergence of these two structures would represent an extremely attractive exploration target and evaluating the projected area of convergence will be an important priority of ours in the future.”
Exploration drilling at Macassa continues and the program is currently targeting 250,000 m for 2021 with eight drills turning underground and one on surface.
