Kirkland Lake Gold Targets Continued Strong Operating Results in 2020, Commencing Three New Projects to Drive Production Growth
Kirkland Lake Gold Ltd. Common Shares (KL)
Last kirkland lake gold ltd. common shares earnings: 2/20 02:09 am
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Source: GlobeNewswire
TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s full-year guidance for 2020, which includes continued strong operating and financial results, with consolidated production targeted at 950,000 – 1,000,000 ounces and operating cash costs per ounce sold and all-in sustaining costs per ounce sold expected to average $300 – $330 and $570 – $630, respectively. The Company will also continue to invest aggressively in growth, including commencing work on development ramps aimed at establishing two new mining operations, Robbin’s Hill at Fosterville and previously identified high-grade zones near surface along the Amalgamated Break at Macassa. The Company will also continue advanced exploration work in the Northern Territory, a potential third new source of future production. The Company expects to produce 100,000 – 120,000 ounces in the Northern Territory in 2020, which is n
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