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Kirkland Lake Discoveries Initiates Multi-Parameter Airborne Geophysical Survey at Lucky Strike Property

TORONTO / Jun 08, 2023 / Business Wire / Kirkland Lake Discoveries Corp. (TSX-V - KLDC) (“KLDC or the “Company”) is pleased to announce the engagement of ALS Go

articleKirkland Lake Discoveries Corp.June 8, 20234/company/kirkland-lake-discoveries-corp/news/kirkland-lake-discoveries-initiates-multi-parameter-airborne-geophysical-survey-at-lucky-strike-property
Kirkland Lake Discoveries Initiates Multi-Parameter Airborne Geophysical Survey at Lucky Strike Property

About this update from Kirkland Lake Discoveries Corp.

[{"type":"text","content":"TORONTO / Jun 08, 2023 / Business Wire / Kirkland Lake Discoveries Corp. (TSX-V - KLDC) (“KLDC or the “Company”) is pleased to announce the engagement of ALS GoldSpot Discoveries Ltd. (“GoldSpot”) and the initiation of a high-resolution Multi-Parameter Airborne Survey System (“M-PASS”) survey over the newly acquired Lucky Strike property in Kirkland Lake, Ontario, Canada. The results of this state-of-the-art survey will leverage advanced artificial intelligence (AI) to analyze, process and extract insights from the acquired airborne geophysical data. \"With the acquisition of the Lucky Strike property from New Found Gold and the initiation of this high resolution survey over this ground with the well regarded team at GoldSpot, we are embarking on an exhilarating new chapter for our Company,\" stated Danièle Spethmann, President and CEO, who added, “We look forward to marrying the results of this data with boots-on-the-ground field work which will advance our understanding of the geology and mineralization on the Lucky Strike property, to ultimately better define and refine our drill targets. The exploration team is mobilizing to the field for a targeting and planning session next week.\" The airborne survey will cover an area of 115 km2 and will be flown at 50 metre and/or 100 metre line spacing on a north south grid. Final line kilometre spacing will be determined in flight and the total line kilometres flown will range between 1,450 km and ~2,800 km. The resulting comprehensive data package, custom-designed for this survey, will fuel GoldSpot's proprietary AI processing. Leveraging the immense power of machine learning, the AI system will identify patterns and anomalies within the data, potentially uncovering favourable structures and mineralizing systems with an unparalleled level of accuracy and efficiency. Shawn Hood, General Manager at ALS GoldSpot Discoveries, shared his enthusiasm, \"Our AI technology is primed to process the multiphysics data, transforming it into actionable insights. This partnership not only demonstrates our shared commitment to exploration excellence but also our dedication to embracing digital transformation within the industry.\" The initiation of this survey highlights KLDC’s new trajectory and emphasizes the crucial role that technological advancements will play in the future of mineral explorati...

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