Notice of Shareholder Meeting (AIM Rule 26) and 2012 Annual Report (AIM Rule 20)

KIRKLAND LAKE, ONTARIO -- (Marketwire) -- 10/02/12 -- Notice is hereby given that the Annual Meeting of Shareholders of Kirkland Lake Gold Inc. (the "Company") will be held at Norton Rose Canada, 200 Bay Street, 27 Suite 3800, Toronto, Ontario, Canada on Wednesday, October 24, 2012 at 4:15 p.m. (Toronto time), for the following purposes:

(a)  Receive and consider the Report of the Directors.

(b)  Receive and consider the financial statements of the Company for the
     year ended April 30, 2012 together with the auditor's report thereon.

(c)  Set the number of directors for the ensuing year at eight.

(d)  Elect directors for the ensuing year.

(e)  Appoint an auditor for the ensuing year and authorize the Board of
     Directors to approve the remuneration to be paid to the auditor.

(f)  To consider and, if deemed advisable, pass an ordinary resolution
     approving all unallocated options under the Company's stock option plan
     (the "Plan") and to authorize the Company to continue granting options
     under the Plan until October 24, 2015, the day that is three years from
     the date of the Meeting, each as more particularly described in the
     accompanying proxy circular (the "Proxy Circular"); and

(g)  Transact such other business as may properly come before the meeting.

The following documents were mailed on September 28, 2012, and pursuant to Rule 26 of the AIM Rules for Companies, will also be made available on the Company website www.klgold.com on that date:

1.   Notice of Meeting;
2.   Proxy Circular;
3.   Proxy; and
4.   Request for financial statements.

In accordance with AIM Rule 20, the Company also reports that its Audited Financial Statements and Management's Discussion and Analysis for the year ended 30 April 2012 have been mailed to shareholders and are also available on its website under Financial Reports on the investor information page, or on SEDAR at www.SEDAR.com. Copies are also available at the Company's office: Suite 1000, 36 Toronto Street, Toronto, ON M5C 2C5, Canada.

About the Company

Kirkland Lake Gold Inc. is an operating and exploration gold company located in Kirkland Lake, ON in the Southern Abitibi gold belt. Its goal is to create a self-sustaining and long lived intermediate gold mining company based in the historic Kirkland Lake Gold Camp. The Company plans to do this by increasing production to 250,000 - 300,000 ounces per year in several stages, and by decreasing production costs by realizing the economies of scale associated with that higher production rate.

Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and neither accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward Looking Statements

This Press Release contains statements which constitute "forward-looking statements", including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the Company's expectations in connection with the projects and exploration programs being met, the impact of general business and economic conditions, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, fluctuating gold prices, currency exchange rates (such as the Canadian dollar versus the United States Dollar), possible variations in ore grade or recovery rates, changes in accounting policies, changes in the Company's corporate mineral resources, changes in project parameters as plans continue to be refined, changes in project development, construction, production and commissioning time frames, risks related to joint venture operations, the possibility of project cost overruns or unanticipated costs and expenses, higher prices for fuel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, unexpected changes in mine life, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, and limitations on insurance,

as well as those risk factors discussed or referred to in the Company's annual Management's Discussion and Analysis and Annual Information Form for the year ended April 30, 2012 filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as otherwise required by applicable law.

Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and neither accepts responsibility for the adequacy or accuracy of this news release.

Contacts:

Kirkland Lake Gold Inc.

Brian Hinchcliffe

President

+1 705 567 5208

+1 705 568 6444 (FAX)
bhinchcliffe@klgold.com


Kirkland Lake Gold Inc.

Lindsay Carpenter

Director of Investor Relations

+1 416 840 7884

+1 705 568 6444 (FAX)
lcarpenter@klgold.com
www.klgold.com


NOMAD: Panmure Gordon (UK) Limited

Katherine Roe

+44 (0) 207 886 2500
katherine.roe@panmure.com


NOMAD: Panmure Gordon (UK) Limited

Callum Stewart

+44 (0) 207 886 2500
callum.stewart@panmure.com


Investec Investment Banking

Mark Wellesley-Wood

+44 207 597 5970
mark.wellesleywood@investec.co.uk


Investec Investment Banking

Chris Sim

+44 207 597 5970
chris.sim@investec.co.uk