Kirkland Lake Gold Ltd. today announced the Company’s full-year guidance for 20211, including production of 1,300,000 – 1,400,000 ounces, driven by strong growth at Detour Lake Mine, with all-in sustaining costs per ounce sold2 on track to remain unchanged from 2020 levels. Guidance for 2021 includes increased capital spending largely in support of [...]
Kirkland Lake Gold Ltd. today announced it has closed its previously announced sale of 18,450,000 common shares of Novo Resources Corp. and 9,225,000 warrants of Kirkland Lake Gold to purchase Shares to qualified purchasers for gross proceeds to Kirkland Lake Gold in the amount of $45,202,500 . The Shares and Warrants were sold through Stifel GMP [...]
Kirkland Lake Gold Ltd. today announced it has entered into an agreement with Stifel GMP and Clarus Securities Inc. as agents on behalf of Kirkland Lake Gold to arrange for the sale of 18,500,000 units at a price of $2.45 per Unit for gross proceeds to Kirkland Lake Gold of $45,325,000 . Each Unit consists of one common share of Novo Resources [...]
Kirkland Lake Gold Ltd. today announced that it has filed an early warning report in connection with the disposition of 1,095,900 common shares of Novo Resources Corp. . Between August 13, 2020 and November 12, 2020, the Company disposed of 1,095,900 common shares of Novo through the facilities of the Toronto Stock Exchange at an average price of [...]
Kirkland Lake Gold Ltd. today announced the Company’s financial and operating results for the third quarter and first nine months of 2020 . The Q3 2020 results include strong year-over-year growth in production, revenue, net earnings and cash flow. The Company’s full consolidated financial statements and management discussion & analysis are [...]
Kirkland Lake Gold Ltd. today announced that the Company will release its financial and operating results for the third quarter of 2020 before the market open on Thursday, November 5, 2020, Eastern Time . The Company will then host a conference call to review the results that afternoon at 2:00 pm ET. Those wishing to join the call can do so using [...]
Drilling to test south margin of South Mine Complex intersects high-grade mineralization outside of current Mineral Reserves near contact with Amalgamated Break ο Key intercept: 253.7 gpt over 14.5 metres core length 1 101.1 gpt over 4.1 m core length , previously unreported 100.1 gpt over 2.0 m core length , previously unreported Drilling [...]
Kirkland Lake Gold Ltd. today announced production results for the third quarter and first nine months of 2020. Q3 2020 production totaled 339,584 ounces, an increase of 91,184 ounces or 37% from 248,400 ounces for the third quarter of 2019 . For YTD 2020, the Company produced 1,000,218 ounces, 305,345 ounces or 44% higher than the first nine [...]
Kirkland Lake Gold Ltd. today announced that a quarterly dividend payment of US$0.125 per common share will be paid on October 14, 2020 to shareholders of record as of the close of business on September 30, 2020. The payment represents the 14th quarterly dividend payment made to shareholders following the Company’s adoption of a dividend policy in [...]
Drilling in central portion of Saddle Zone intersects broad zone of high-grade mineralization, confirms continuity of mineralized structure between Main and West pits ? Key intercepts: 1.10 grams per tonne over 142.0 meters , including 9.39 gpt over 2.0 m, 2.15 gpt over 16.0 m, 1.23 gpt over 12.0 m Drilling in west portion of Saddle Zone intersects [...]
Kirkland Lake Gold Ltd. today announced that the Company and its wholly-owned indirectly held subsidiary St Andrew Goldfields Ltd. have entered into a strategic alliance agreement with Newmont Canada FN Holdings ULC with respect to exploration and development opportunities around the Company’s Holt Complex and Newmont’s properties in Timmins [...]
Kirkland Lake Gold Ltd. today announced that it has filed two early warning reports in connection with the disposition of 32,627,632 common shares of Osisko Mining Inc. and 748,700 common shares of Novo Resources Corp. . The Company also announced today that it has purchased an additional 863,500 common shares of Kirkland Lake Gold for cancellation [...]
