Kirkland Lake Gold Announces Significant Expansion of Lantern Deposit at Cosmo Mine [Canadian Business Journal (Canada)]
Kirkland Lake Gold Ltd. Common Shares (KL)
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Source: Canadian Business Journal
Kirkland Lake Gold Announces Significant Expansion of Lantern Deposit at Cosmo Mine TORONTO, Dec. 19, 2017 (GLOBE NEWSWIRE) — – High-grade, visible-gold bearing mineralization intersected more than 250 metres (“m”) north of Lantern Deposit Key intercepts: 1,624 grams per tonne (“g/t”) gold (“Au”) over 0.91 m, including 4,750 g/t Au over 0.31 m; 198 g/t Au over 3.0 m, including 1,577 g/t Au over 0.35; 40.8 g/t Au over 18.7 m – Mineralization identified over 500 m strike length and 1,200 m down-plunge (to 1,000 m below surface); Lantern Deposit remains open in multiple directions – Underground exploration development into Lantern Deposit to commence in early 2018 in support of upgrading and expanding Mineral Resources – Lantern exploration program key component of plan to establish economic Mineral Reserve leading to resumption of operations at Cosmo Mine in Northern Territory of Australia. Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “ Company ”)
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