Kirkland Lake Discoveries Identifies Extensive Gold Mineralization at the Jo Zone and Untapped Potential at Hargreaves
Kirkland Lake Discoveries (KLKLF) has completed its Phase 3 drill program at the Hargreaves shaft and Jo Zone, with significant findings across 1,187 meters of diamond drilling. The Jo Zone showed extensive gold mineralization across 37m, including notable intervals of up to 3.82 g/t Au. At Hargreaves, drilling revealed strong potassic-hematite alteration similar to mineralization at Macassa and Young-Davidson Mines.
Key highlights from the Jo Zone (KLD24-27) include multiple mineralized intervals, with the highest grade being 5.417 g/t Au over 1m. The Hargreaves area, located near the Kirkland Lake Main Break structure that historically hosted over 28 Moz of gold, showed promising results with anomalous gold values in syenite formations and a newly identified gold zone in the footwall.
Kirkland Lake Discoveries (KLKLF) ha completato il suo programma di perforazione di Fase 3 presso il pozzo Hargreaves e la zona Jo, con risultati significativi su 1.187 metri di perforazione con diamante. La zona Jo ha mostrato un'ampia mineralizzazione aurifera su 37 metri, inclusi intervalli notevoli fino a 3,82 g/t Au. A Hargreaves, la perforazione ha rivelato una forte alterazione potassico-ematite simile alla mineralizzazione delle miniere di Macassa e Young-Davidson.
Tra i punti salienti della zona Jo (KLD24-27) ci sono diversi intervalli mineralizzati, con il grado più alto che raggiunge 5,417 g/t Au su 1 metro. L'area di Hargreaves, situata vicino alla struttura del Main Break di Kirkland Lake che storicamente ha ospitato oltre 28 Moz di oro, ha mostrato risultati promettenti con valori anomali di oro nelle formazioni di sienite e una nuova zona d'oro identificata nel footwall.
Kirkland Lake Discoveries (KLKLF) ha completado su programa de perforación de Fase 3 en el pozo Hargreaves y la zona Jo, con hallazgos significativos a lo largo de 1.187 metros de perforación diamantina. La zona Jo mostró una extensa mineralización de oro en 37 metros, incluyendo intervalos notables de hasta 3,82 g/t Au. En Hargreaves, la perforación reveló una fuerte alteración potásica-hematítica similar a la mineralización en las minas de Macassa y Young-Davidson.
Los puntos destacados de la zona Jo (KLD24-27) incluyen múltiples intervalos mineralizados, siendo el de mayor grado 5,417 g/t Au sobre 1 metro. El área de Hargreaves, ubicada cerca de la estructura del Main Break de Kirkland Lake que históricamente ha albergado más de 28 Moz de oro, mostró resultados prometedores con valores anómalos de oro en formaciones de sienita y una nueva zona de oro identificada en el pie.
커클랜드 레이크 디스커버리(QLKLF)는 하그리브스 샤프트와 조 존에서 1,187미터에 걸쳐 다이아몬드 시추를 통해 중요한 발견을 하며 Phase 3 시추 프로그램을 완료했습니다. 조 존에서는 37미터에 걸쳐 광범위한 금 광맥이 나타나며, 특히 최대 3.82 g/t Au에 달하는 주목할 만한 구간이 포함되었습니다. 하그리브스에서는 매카사 및 영-데이비슨 광산과 유사한 강한 칼륨-헤마타이트 변화를 보여주었습니다.
조 존(KLD24-27)의 주요 하이라이트는 여러 개의 광물화된 구간이 있으며, 가장 높은 등급은 1미터당 5.417 g/t Au입니다. 커클랜드 레이크의 메인 브레이크 구조 근처에 위치한 하그리브스 지역은 역사적으로 28 Moz 이상의 금을 포함했으며, 시엔나이트 형성에서 비정상적인 금 값과 새로 식별된 금 구역에서 유망한 결과를 보여주었습니다.
Kirkland Lake Discoveries (KLKLF) a terminé son programme de forage de Phase 3 au puits Hargreaves et à la zone Jo, avec des découvertes significatives sur 1 187 mètres de forage à diamant. La zone Jo a montré une large mineralisation aurifère sur 37 m, y compris des intervalles notables allant jusqu'à 3,82 g/t Au. À Hargreaves, le forage a révélé une forte altération potassique-hématite, similaire à la minéralisation dans les mines de Macassa et Young-Davidson.
Les points forts de la zone Jo (KLD24-27) incluent plusieurs intervalles minéralisés, le grade le plus élevé atteignant 5,417 g/t Au sur 1 mètre. La zone Hargreaves, située près de la structure du Main Break de Kirkland Lake qui a historiquement abrité plus de 28 Moz d'or, a montré des résultats prometteurs avec des valeurs anormales d'or dans des formations de syénite et une nouvelle zone d'or identifiée dans le pied.
Kirkland Lake Discoveries (KLKLF) hat sein Bohrprogramm der Phase 3 am Hargreaves Schacht und Jo Zone abgeschlossen, mit signifikanten Ergebnissen über 1.187 Meter Diamantbohrung. Die Jo Zone zeigte eine umfangreiche Goldmineralisierung über 37 m, einschließlich bemerkenswerter Intervalle von bis zu 3,82 g/t Au. In Hargreaves offenbarte das Bohren eine starke kaliumhaltige Hämatitveränderung, ähnlich der Mineralisierung in den Minen von Macassa und Young-Davidson.
Wichtige Highlights aus der Jo Zone (KLD24-27) umfassen mehrere mineralisierte Intervalle, wobei der höchste Gehalt 5,417 g/t Au über 1 m beträgt. Der Bereich Hargreaves, der sich in der Nähe der Kirkland Lake Main Break Struktur befindet, die historisch über 28 Moz Gold beheimatete, zeigte vielversprechende Ergebnisse mit anomalen Goldwerten in Sienitformationen und einer neu identifizierten Goldzone im Fußbereich.
- Extensive gold mineralization discovered at Jo Zone across 37m with multiple high-grade intervals
- New gold zone identified in Hargreaves footwall
- Geological similarities to productive Macassa and Young-Davidson Mines
- 88% of drill holes at Jo Zone show anomalous and high-grade gold
- Previous drilling at Jo Zone yielded 72.10 g/t Au over 0.50m
- Some drill holes (KLD24-24, KLD24-25) showed no significant assays
Toronto, Ontario--(Newsfile Corp. - January 14, 2025) - Kirkland Lake Discoveries (TSXV: KLDC) (OTC Pink: KLKLF) ("KLDC" or the "Company") is pleased to announce that it has completed its Phase 3 (Fall 2024) drill program at the Hargreaves shaft and the Jo Zone on the Goodfish-Kirana claim group. A total of five diamond drill holes (Table 1) aggregating 1,187 m were drilled completing the third of three phases previously announced (see July 20, 2023, news release).
The Company intersected anomalous gold at both the Jo Zone and Hargreaves shaft with highlights including:
- Jo Zone (KLD24-27): Extensive gold mineralization across 37 m throughout the drill hole independent of rock type, including intervals of 4.5 m at 0.621 g/t Au, 13.66 m at 0.287 g/t Au, 1.2 m at 3.82 g/t Au, 5.6 m at 0.894 g/t Au, 5.23 m at 1.035 g/t Au and 7.29 m at 1.334 g/t Au
- Hargreaves (KLD24-23, KLD24-24): Strong pervasive potassic-hematite alteration of syenite intercalated with Timiskaming conglomerate, similar to mineralization and alteration at Macassa and Young-Davidson Mines
Chief Executive Officer Stefan Sklepowicz commented, "The results from our Phase 3 drill program at the Jo Zone and Hargreaves shaft highlight the immense potential of our Goodfish-Kirana property. The extensive gold mineralization at the Jo Zone, independent of rock type, is particularly promising, while the newly identified gold zone in the Hargreaves footwall represents an exciting and untapped opportunity. These findings validate our exploration strategy and strengthen our commitment to unlocking the value of this district-scale land package."
The fall 2024 drill program had two objectives (see November 19, 2024, news release):
- Target the area around and at the Hargreaves historical shaft
- Drill the Jo Zone footwall at the Jo Zone historical shaft
Figure 1 - Property map showing location of the Hargreaves and Jo Zone shafts.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/237105_42b1f189247908ad_001full.jpg
Table 1 - Drill hole locations and depths for Fall 2024 drill program.
Drill Hole # | Easting | Northing | Azimuth | Dip | Total Depth (m) |
KLD24-23 | 578411 | 5336789 | 347 | -45 | 180 |
KLD24-24 | 578411 | 5336789 | 035 | -45 | 183 |
KLD24-25 | 578508 | 5337110 | 340 | -45 | 303 |
KLD24-26 | 578420 | 5337171 | 343 | -58 | 240 |
KLD24-27 | 573600 | 5338703 | 019 | -65 | 281 |
Drill coordinates in UTM NAD83 Zone 17U datum. Total depth is drill core length.
Hargreaves Historical Shaft and Area Highlights
The Hargreaves shaft area (Figure 2) is hosted by Timiskaming sediments and conglomerates intruded by feldspar porphyry and syenite. It is located in close proximity to the Kirkland Lake Main Break, the same structure and geology responsible for the mile of seven mines in Kirkland Lake that hosted over 28 Moz of gold. The area features a significant concentration of historical pits and trenches, a 100 m deep shaft, positive surface sample results from 2024, and open-ended IP anomalies.
Figure 2 - Historical Hargreaves and Kirgood shafts underlain with LiDAR, bedrock geology, IP anomalies, structures, soil samples, gold showings, drill holes, and 2024 drill holes.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/237105_42b1f189247908ad_002full.jpg
Four drill holes (KLD24-23 through KLD24-26) were completed at the Hargreaves historical shaft area. Results are tabled below (Table 2).
Table 2 - Drill results for the Hargreaves shaft drilling.
Drill Hole # | From (m) | To (m) | Interval (m) | Au g/t | Comments |
KLD24-23 | 88 | 100 | 12.0 | 0.128 | Altered Syenite |
KLD24-24 | NSA | ||||
KLD24-25 | NSA | ||||
KLD24-26 | 184.3 | 197.4 | 13.1 | 0.090 | Strongly Altered & Deformed Gabbro |
NSA=no significant assays
Holes KLD24-23 and KLD24-24 encountered strong pervasive potassic-hematite alteration of syenite intercalated with Timiskaming conglomerate. These formations exhibit quartz stockwork veining and local pyrite mineralization up to
Notably, much of the syenite intersected in KLD24-23, between 27.5 and 162 meters downhole, contains anomalous gold values. These syenites were previously misidentified in surficial exploration efforts and align with an open-ended east-west IP anomaly. These findings underline the potential for significant mineralization, warranting further exploration and follow-up drilling.
Hole KLD24-26 intersected an anomalous gold system at the Hargreaves shaft. Silicification, bleaching, and pyrite mineralization in a gabbro revealed a previously untested gold zone in the Hargreaves vein footwall. This zone is also associated with an east-west open-ended IP anomaly.
Jo Zone Footwall Highlights
One drill hole KLD24-27 was completed at the Jo Zone historical shaft (Figure 3). The Jo Zone shear has a strike length of 650 m with mineralization to a vertical depth of 375 m. Anomalous and high-grade gold has been intersected in
Figure 3 - Cross section of the Jo Zone holes GK20-028 and KLD24-27 with intercepted gold mineralization
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https://images.newsfilecorp.com/files/5701/237105_42b1f189247908ad_003full.jpg
Table 3 - Drill results for the Jo Zone drilling
Drill Hole # | From (m) | To (m) | Interval (m) | Au g/t | Comments |
KLD24-27 | 49.00 | 53.50 | 4.50 | 0.621 | Jo Zone Footwall |
128.20 | 141.86 | 13.66 | 0.287 | ||
including | 134.54 | 141.86 | 7.32 | 0.396 | Jo Zone Footwall |
168.37 | 169.57 | 1.20 | 3.820 | Quartz Feldspar Porphyry | |
175.40 | 181.00 | 5.60 | 0.894 | Quartz Feldspar Porphyry | |
236.46 | 241.69 | 5.23 | 1.035 | Jo Zone Shear | |
249.71 | 257.00 | 7.29 | 1.334 | Breccia Zone and Hangingwall Fe-tholeiites | |
including | 254.00 | 255.00 | 1.00 | 5.417 |
Of significance in KLD24-27 is the extensive gold mineralization throughout the drill hole independent of rock type. Footwall Mg-tholeiites, an unexpected bleached and gold mineralized quartz-feldspar porphyry, the Jo Shear Zone, and the hangingwall Fe-tholeiites all contained widespread gold values. The Jo Zone remains a viable target of merit.
KLDC Treasure Hunters: Episode 8 - Drill Results
The Company is excited to share the results of its latest drill program in Episode 8 of KLDC Treasure Hunters. In this episode, Mike Kilbourne (Senior Geologist), Drake Hyden (Senior Geologist) and Stefan Sklepowicz (CEO) discuss the discovery of a new mineralized zone at Hargreaves, broad mineralization at Jo Zone, and the potential for similar look-a-likes.
The full episode is now available on the Company's YouTube Channel. Be sure to watch and stay updated on the progress of our exploration activities.
QP Statement
The technical information contained in this news release has been approved by Mike Kilbourne, P.Geo. who is a Qualified Person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Kirkland Lake Discoveries Corp.
Kirkland Lake Discoveries Corp. is a TSX Venture Exchange-listed company that has recently consolidated a district-scale, highly prospective land package in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are situated within the Abitibi Greenstone Belt, one of the world's most richly endowed greenstone belts, with over 200 million ounces of gold produced to date.[1]
The Company's properties host regional and property-scale mineralized structures, considered second-order structures off the Larder Lake Cadillac Deformation Zone (LLCDZ), a major regional structure known for its spatial association with gold mines in the camp.
The properties assembled by the Company are grouped into two key areas: KL East, which includes the Lucky Strike Property, Arnold Property, and KL Central, and KL West, which encompasses the Goodfish-Kirana and the KL West Properties. KLDC's land position spans approximately 38,000 ha over 1,338 claims and 29 patented claims, making the Company the largest landholder in the Kirkland Lake region.
For additional information, please contact:
Stefan Sklepowicz
Chief Executive Officer
www.kirklandlakediscoveries.com
+1 226 979 3515
stefan@kirklandlakediscoveries.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operations and activities of Kirkland Lake Discoveries, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the Company's three-phase drill program, the results thereof, and any impact therefrom. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Kirkland Lake Discoveries, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, changes in general economic, market and business conditions, and the ability to obtain any requisite approvals. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Kirkland Lake Discoveries does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
[1] Canada's Gold Exploration Frontier: The Abitibi Greenstone Belt - https://www.visualcapitalist.com/sp/canadas-gold-exploration-frontier-the-abitibi-greenstone-belt/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237105
FAQ
What were the key gold mineralization findings in KLKLF's Phase 3 drill program?
How does KLKLF's Hargreaves shaft mineralization compare to other mines in the region?
What is the historical significance of KLKLF's Hargreaves location?