Fourth Quarter Gold Production of 20,411 Ounces
Kirkland Lake Gold Inc. ("Kirkland Lake" or the "Company"), an operating and exploration gold mining company located in Ontario, Canada, is pleased to provide an overview of it’s fourth quarter gold production for the months of February, March and April. The Company's new fiscal year 2010 began May 1, 2009.
As reported in a news release dated April 21, 2009, the Company had hired and integrated into its workforce an additional 150 underground workers during January and February and had converted into a seven day mining operation based on two 10 hour shifts. By early March, the number of ore headings doubled due to new headings coming on stream in both the Main Mine and the South Mine Complex. This resulted in a record monthly gold production for the Company in March of 7,377 ounces.
In April, a total of 19,473 tons were milled at a rate of 649 tons per day at a head grade of 0.4748 ounces of gold per ton to produce 8,916 ounces of gold for the month, bringing the quarterly production to a record 20,411 ounces for the quarter, and to 48,012 ounces for the fiscal year.
Full financial numbers are to be released July 28, 2009.
"We are very pleased with April's record gold production figures," said Harry Dobson, Company Chairman. "Ongoing efforts by the operating team to upgrade mine infrastructure, deploy new and refurbished equipment, and bring new development and production headings on line have not only given us a strong quarter, but position us well for the new fiscal year."