UK 21:37 Tuesday, 10 November 2026
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Canadian miner Kirkland Lake Gold (KGI) expects to follow record February gold production of 16,485 oz. from the historic Kirkland Lake camp in Ontario at a high grade of 17.8 grammes of gold per tonne of ore with an updated formal resource statement for the whole company in early April. Kirkland, which has achieved a significant turnaround under chief executive officer George Ogilvie, reckons this will show drilling has, in his words, ‘replaced what we have mined’, with a climb in head grade and a possible lift in proven and probable reserves from the present 1.4 million oz. at 17.1 grammes a tonne, with a measured and indicated resource of 2.1 million oz. at 16.8 grammes a a tonne as well as a 1.1 million-oz. inferred resource at 18.5 grammes a tonne.
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Comments
wildrides
blimey …….. Feb output good considering everything is under 25 ft of snow and -25 degrees at this time of year in Ontario . Lessons there for some “nesh” European gold explorers/miners who seem to pack up for 9 months when the first snow flake falls in the Alps . European gold miner translates to = director gravy train for sitting on ones arse, G&T in hand , and enjoying the view in the alps .