TSX-V: KLDC OTC: KLKLF
LAND POSITION
THE LARGEST CONSOLIDATED LAND PACKAGE IN THE HISTORY OF THE CAMP
-
42,000+ ha claim package in an established brownfields camp.
-
Intrusive, shear/lode gold, and VMS signatures.
-
Property-scale soil grid to vector exploration.
-
Ontario is a Tier-1 mining friendly jurisdiction.
LOCATION
Situated in the heart of the Kirkland Lake Gold Camp, a Tier-1 mining jurisdiction in Ontario, responsible for over 47 Moz of historical production. The property is located both north and south of Agnico Eagle’s producing Macassa Mine, and borders other majors’ claims, including Pan American Silver and Eldorado Gold.​
DISCOVERY POTENTIAL
HOSTED IN THE ABITIBI GREENSTONE BELT
-
The Abitibi is the world’s largest gold-rich greenstone belt with over 300 Moz of gold[1] discovered to date.
-
The Kirkland Lake gold camp is a world-class mining camp and has produced +47Moz– host to high-grade gold mines that produced millions of ounces (the Kerr/the Lake Shore) and still producing high-grades at Macassa – average 17 g/t Au at 2.5 km depth.
-
​​Source: Natural Resources Canada, Midland Exploration, Maple Gold, Hecla Mining Co., Kirkland Lake Gold, CBay Minerals, Pasofino Gold, Detour Lake Technical Report, Visual Capitalist . *The total gold content of the belt, including past production and current reserves/resources.
NEAR-TERM GROWTH
KL South hosts the past-producing Mirado Mine, and contains an historical inferred resource of 442,000 oz @ 1.29 g/t Au*. Historical drilling within KL South was narrowly focused and never completed at depth. Encouraging geophysical signatures provide confidence that the historical resource can be expanded upon in all directions.
KL South hosts multiple untested targets along known mineralization corridors indicated by high-grade grab samples.
LONG-TERM POTENTIAL
KL East and West together are more than 40,000 ha, the largest land package in the camp’s history, and host to an abundance of drill-ready targets, indicated by multiple anomalous soil trends, historical mineral showings, and structurally controlled intersections.
​
Current exploration targets high-grade, intrusion-related gold and polymetallic VMS systems hosted within underexplored areas of the Blake River Group. Drilling has confirmed an expansive system across the contact corridor of the Winnie Pluton, found within KL West.
*The historical estimate is based on work completed in 2013. A qualified person has not done sufficient work to classify this historical estimate as a current mineral resource, and Kirkland Lake Discoveries Corp. is not treating the historical estimate as a current mineral resource.
