CHEERS FROM EXXSI HERE IS A PROXIMITY PLAY GAINING MOMENTUM INTEREST KIRKLAND LAKE AND LARDER LAKE ARE NEIGHBOURLY PROPERTIES SAME GENERAL VICIINTY ....................NEWS OUT TODAY
Kirkland Lake Gold Inc Symbol KGI Shares Issued 49,432,013 Close 2006-04-10 C$ 7.08 Recent Sedar Documents
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Kirkland Lake drills two more New South holes
2006-04-11 05:43 ET - News Release
Mr. Scott Koyich reports
KIRKLAND LAKE GOLD INC.: LATEST DRILLING ON NEW SOUTH ZONE RETURNS 1.49 OUNCES OVER 39 FEET; LOWER D ZONE RESULTS ADVANCE MINE PLANNING
Kirkland Lake Gold Inc. is releasing an update on exploration drilling to the south of the No. 3 shaft.
The company has completed two additional drill holes on the New South zone, as part of a continuing exploration campaign on a new discovery made in July, 2005, in which the initial two drill holes intersected 90.4 feet assaying 2.3 ounces (uncut) and 1.43 (uncut) ounces of gold per ton over 124.5 feet of core length (uncut). One additional hole has also been completed on the Lower D zone as part of a continuing program to expand the Lower D zone north of the existing reserve/resource block.
"The fact that we have intersected ore-grade mineralization on eight of the nine holes completed to date on the New South zone indicates the substantial ore potential of this completely new sulphide orebody," said Mike Sutton, chief geologist. "In addition, the strategic importance of the latest drill results on the Lower D zone will advance plans for a new drift from the 5,025 level to permit mining of the Lower D and No. 6 splay for the first time in the upcoming 12 months."
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MXV IS GROSSLY UNDERVALUED ALREADY OWNS RIGHT TO 60% OF PROVEN 500,000 OUNCES GOLD AT LARDER LAKE WHAT IS 60% OF $300,000,000 WORTH OF GOLD ?
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