Kirkland Lake Gold

Kirkland Lake Gold is a Canadian gold producer and explorer with assets in the Kirkland Lake gold camp, which is located in the Lower Abitibi Greenstone belt of northeastern Ontario. The Company owns five former high-grade gold mines that produced in excess of 22 million ounces at an average grade of 15.1 grams per tonne. The Company currently operates the Macassa Mine Complex, which includes the newly discovered South Mine Complex, and produces in excess of 150,000 ounces of gold annually. Through continued exploration success, the Company intends to gradually increase its level of production in order to become a mid-tier gold producer that focuses on profitability and provides quality returns for its shareholders and stakeholders alike.

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TORONTO, Sept.  16, 2019  (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today reported new drill results from underground exploration drilling at the Macassa Mine in Kirkland Lake, Ontario. The new results include 71 drill holes (29,207 m) of drilling from the east and west exploration drifts on the 5300-foot level (“5300 Level”) as well as from the 5600 Level Ramp Development (“5600 Ramp”). Results being reported today are from four underground drill rigs focused on three key target areas, the SMC East, SMC West and the Amalgamated Break. Drilling from the 5300 Level and 5600 Ramp will continue throughout the remainder of 2019, with an additional two drill rigs having recently been added to the exploration program.

Kirkland Lake Gold Intersects New High-Grade Mineralization East and West of Macassa South Mine Complex and Along Amalgamated Break

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TORONTO, Sept.  11, 2019  (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a quarterly dividend payment of US$0.04 per common share will be paid on October 11, 2019 to shareholders of record as of the close of business on September 30, 2019. The payment represents the 10th quarterly dividend payment made to shareholders following the Company’s adoption of a dividend policy in March 2017. The Company’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. For Canadian shareholders the US dollar dividend payment will be converted to Canadian dollars using the spot price exchange rate on September 27, 2019, the date prior to the payment date.

Kirkland Lake Gold (KL) Declares Quarterly Dividend Payment

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TORONTO, Aug.  22, 2019  (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that it has acquired 2,000,000 units (“Units”) of Bonterra Resources Inc. (TSXV:BTR) (“Bonterra” or the “Issuer”) by way of a private placement financing and by share purchase at a price of $2.50 per Unit for a total cash payment of CAD$5 million (the “Investment”). Each Unit is comprised of one common share of the Issuer (a “Share”) and one-half of one Share purchase warrant (each full warrant, a “Warrant”), with each full Warrant entitling the Company to acquire one Share at a price of $3.10 until August 20, 2021.

Kirkland Lake Gold Acquires Shares of Bonterra Resources Inc.

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This miner set several company records in Q1. How did it follow up this lustrous performance in the recently completed quarter?

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Kirkland Lake Gold posted record revenues of $281.27 million for the second quarter of 2019, compared to year-ago revenues of $214.65 million.

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Kirkland Lake Gold (KL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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Kirkland Lake Gold Ltd. (KL) CEO Tony Makuch on Q2 2019 Results - Earnings Call Transcript

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