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Kirkland Lake Discoveries Commences 10,000-m Drill Program
TORONTO / Jul 20, 2023 / Business Wire / Kirkland Lake Discoveries Corp. (TSX-V - KLDC) (“KLDC or the “Company”) is pleased to announce that the Summer 2023 dri
About this update from Kirkland Lake Discoveries Corp.
[{"type":"text","content":"TORONTO / Jul 20, 2023 / Business Wire / Kirkland Lake Discoveries Corp. (TSX-V - KLDC) (“KLDC or the “Company”) is pleased to announce that the Summer 2023 drill campaign at the Kirkland Lake Project has commenced. The 10,000-m drill program is planned over three phases and has been initiated at the Goodfish-Kirana Property to follow up on the Fall 2021 program that intersected visible gold and returned an assay of 72.10 g/t Au over 0.5 m (see December 24, 2021 News Release). The 10,000-m drill program will be divided into three phases: Phase 1, approximately 3,000 m on the Goodfish-Kirana Property Phase 2, approximately 4,000 m on the Lucky Strike Property Phase 3, approximately 3,000 m to follow up on phase 1 and 2 drilling The focus of this first phase of drilling will be to follow up on previous successes at the Jo Zone and to test new targets defined by key structural intersections that have recently been identified from geophysical surveys, corresponding structural interpretation, and geological analysis. “Our 2021 drill campaign finished with a fantastic assay at the Jo Zone that included visible gold at a vertical depth of 301 m (72.1 g/t Au over 0.5 m reported, the other half of core assayed 561 g/t Au). We will follow up on the downdip extension of this mineralization as well as test the mineralized footprint of the Jo Zone. Our 2023 diamond drill program is our largest program to date, and we are excited to be following up at Jo Zone as well as testing other promising targets,” commented Danièle Spethmann, President and CEO. In addition to a downdip step out of the Jo Zone, new targets to be tested include: The Sutton Break, a large (500+ m strike length) area that remains untested along the Kirana Break structure, which is now recognized to coincide with the intersection of prominent NW-trending structures and a strong chargeability high at depth. Early 2023 fieldwork identified a strongly silicified and pyritized mafic volcanic unit, the samples of which returned elevated gold assays. The Kirana Break Extension is targeting a large zone of de-magnetization that correlates to a strong Induced Polarization (IP) response. New structural interpretation suggests a major NW-trending structure, associated with the Jo Zone, that extends to the SE and intersects the regional Kirana Break structure. The Eastern IP target is ...