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$tootalljones Great, i loaded the boat and borrowed over 1.7 million plus,
from the broker........what a move........We see now, per Taylor Dart's
article, now that the merger is closed,
AEM will outperform all other gold miners and all gold and silver ETFs,
in order to get back to its historic 12X+ cash flow market
valuation.............That is the short term target now.
until it gets way up there...Expect this to scoot a fast 25 bucks, with
the gold breakout at its back
$Turning Hope Into Reality
Agnico Eagle funds revolutionary research designed to detect HPV-related
cancers earlier and treat more patients.
Agnico Eagle has a long history of funding major cancer research at the
Princess Margaret Cancer Centre (...
Read the post
https://www.agnicoeagle.com/English/the-eagle-blog/default.aspx
https://www.agnicoeagle.com/English/home/default.aspx
https://www.agnicoeagle.com/English/about-agnico/default.aspx
$Michael Oliver – Expect $8,000 Gold And $240 Silver With Silver To Radically Outperform Gold
February 14, 2022
https://kingworldnews.com/michael-oliver-expect-8000-gold-and-240-silver-with-silver-to-radically-outperform-gold/
SPROTT: This Is Why Gold Will Break Out To Higher Levels
February 08, 2022
https://kingworldnews.com/sprott-this-is-why-gold-will-break-out-to-higher-levels/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs 
)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167654581
$tootalljones Great Buy ) Sean Boyd CEO of Agnico Mines with Matt Bird at #WEF in Davos, Switzerland | ESG News
16 viewsJan 20, 2022
https://www.youtube.com/watch?v=L9comfqP1gM
) AGNICO EAGLE AND KIRKLAND LAKE GOLD COMPLETE MERGER TRANSACTION
February 08, 2022
https://www.agnicoeagle.com/English/investor-relations/news-and-events/news-releases/news-release-details/2022/AGNICO-EAGLE-AND-KIRKLAND-LAKE-GOLD-COMPLETE-MERGER-TRANSACTION/default.aspx
ALERT: Physical Gold & Silver Continues To Disappear From LBMA And Bank of England
February 07, 2022
https://kingworldnews.com/alert-physical-gold-silver-continues-to-disappear-from-lbma-and-bank-of-england/
ALERT: Gold Target $3,200 After Lengthy Consolidation
February 04, 2022
https://kingworldnews.com/alert-gold-target-3200-after-lengthy-consolidation/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs
AGNICO EAGLE AND KIRKLAND LAKE GOLD COMPLETE MERGER TRANSACTION PR
Newswire (Canada) - 2/8/2022 6:00:00 PM
Agnico Eagle and Kirkland Lake Gold Complete Merger Transaction
GlobeNewswire Inc. - 2/8/2022 6:00:00 PM
AGNICO EAGLE AND KIRKLAND LAKE GOLD COMPLETE MERGER TRANSACTION PR Newswire (US) - 2/8/2022 6:00:00 PM
AGNICO EAGLE & KIRKLAND LAKE GOLD ANNOUNCE RECEIPT OF FIRB APPROVAL, ANTICIPATED CLOSING DATE FOR MERGER AND NOTICE OF RELEASE OF AGNICO EAGLE'S FOURTH QUARTER AND FULL YEAR 2021 RESULTS PR Newswire (US) - 2/1/2022 5:01:00 PM
AGNICO EAGLE & KIRKLAND LAKE GOLD ANNOUNCE RECEIPT OF FIRB APPROVAL, ANTICIPATED CLOSING DATE FOR MERGER AND NOTICE OF RELEASE OF AGNICO EAGLE'S FOURTH QUARTER AND FULL YEAR 2021 RESULTS PR Newswire (Canada) - 2/1/2022 5:01:00 PM
Raymond James Thinks Agnico Eagle’s Stock is Going to Recover TipRanks - 1/18/2022 11:36:57 AM
KeyBanc Keeps Their Hold Rating on Agnico Eagle (AEM) TipRanks - 1/17/2022 8:25:55 PM
Agnico Eagle: Overvalued Gold Stock, Set to Tumble TipRanks - 1/2/2022 7:57:05 AM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 12/23/2021 4:22:34 PM
Agnico Eagle Mines to reduce workforce at Nunavut Seeking Alpha - 12/22/2021 5:19:54 PM
AGNICO EAGLE PROVIDES UPDATE ON NUNAVUT OPERATIONS PR Newswire (US) - 12/22/2021 5:00:00 PM
AGNICO EAGLE PROVIDES UPDATE ON NUNAVUT OPERATIONS PR Newswire (Canada) - 12/22/2021 5:00:00 PM
White Gold Corp. Announces Closing of Fully Subscribed $9 Million Private Placement; Strategic Shareholder Increases Interest to 19.9% GlobeNewswire Inc. - 12/22/2021 4:01:00 PM
Agnico Eagle (AEM) Receives a Hold from KeyBanc TipRanks - 12/20/2021 4:12:42 AM
Agnico Eagle goes ex-dividend tomorrow Seeking Alpha - 11/29/2021 12:12:10 PM
Agnico Eagle and Kirkland Lake Gold Shareholders Approve Merger PR Newswire (Canada) - 11/26/2021 4:00:00 PM
Agnico Eagle and Kirkland Lake Gold Shareholders Approve Merger PR Newswire (US) - 11/26/2021 4:00:00 PM
White Gold Corp. Announces Fully Subscribed C$9 Million Private Placement; Strategic Shareholder to Increase Interest to 19.9% GlobeNewswire Inc. - 11/25/2021 5:20:04 PM
Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k) Edgar (US Regulatory) - 11/23/2021 9:53:08 AM
Agnico Eagle and Kirkland Lake Gold Remind Shareholders to Vote “FOR” Their Proposed Merger GlobeNewswire Inc. - 11/19/2021 5:38:04 PM
Agnico Eagle and Kirkland Lake Gold Remind Shareholders to Vote "For" their Proposed Merger PR Newswire (US) - 11/19/2021 5:30:00 PM
Agnico Eagle and Kirkland Lake Gold Remind Shareholders to Vote "For" their Proposed Merger PR Newswire (Canada) - 11/19/2021 5:30:00 PM
White Gold Corp. Intersects Broad Zones of Significant Near Surface Gold Mineralization at its Betty Ford Target Including 50m of 3.46 g/t Gold and 48m of 1.17 g/t Gold in Maiden Diamond Drill Program GlobeNewswire Inc. - 11/17/2021 7:30:00 AM
Agnico Eagle-Kirkland Lake combo gets second proxy advisor OK Seeking Alpha - 11/15/2021 12:52:13 PM
Agnico Eagle Announces Favourable Glass Lewis Recommendation for Merger PR Newswire (Canada) - 11/15/2021 6:00:00 AM
ALERT: Physical Gold & Silver Continues To Disappear From LBMA And Bank of England
February 07, 2022
https://kingworldnews.com/alert-physical-gold-silver-continues-to-disappear-from-lbma-and-bank-of-england/
ALERT: Gold Target $3,200 After Lengthy Consolidation
February 04, 2022
https://kingworldnews.com/alert-gold-target-3200-after-lengthy-consolidation/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs
jimbo note; ALERT: Physical Gold & Silver Continues To Disappear From LBMA And Bank of England
February 07, 2022
https://kingworldnews.com/alert-physical-gold-silver-continues-to-disappear-from-lbma-and-bank-of-england/
ALERT: Gold Target $3,200 After Lengthy Consolidation
February 04, 2022
https://kingworldnews.com/alert-gold-target-3200-after-lengthy-consolidation/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs )
$New Presentation AEM & KL - TD Securities – Mining Conference
January 26, 2022
https://agnicoeagle.com/files/doc_presentations/2022/AEM-KL-TD-Mining-Conference-2022.01.26-FINAL.pdf
Michael Oliver – Silver & Gold Remain Near Major Breakouts. This Will Drive The Gold Bull Market Higher
January 26, 2022
https://kingworldnews.com/michael-oliver-silver-gold-remain-near-major-breakouts/
NEW PRICE TARGETS FOR GOLD & SILVER Just Issued After Yesterday’s Big Breakouts
https://kingworldnews.com/new-price-targets-for-gold-silver-just-issued-after-yesterdays-big-breakouts/
80% OF All US Dollars In Existence Have Been Printed In Just The Past Two Years
January 20, 2022
https://thewashingtonstandard.com/80-of-all-us-dollars-in-existence-have-been-printed-in-just-the-past-two-years/
$THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166747120
Ps.
opinion appreciated
$jimbo8 thanks; Kirkland Lake Gold Reports Record Production in Fourth Quarter and Full-Year 2021
January 17 2022 - 09:00AM
GlobeNewswire Inc.
https://ih.advfn.com/stock-market/TSX/KL/stock-news/87030997/kirkland-lake-gold-reports-record-production-in-fo
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced record quarterly and full-year production for the fourth quarter of 2021 (“Q4 2021”) and full-year of 2021 (“FY 2021”), respectively. Q4 2021 production totalled 380,472 ounces driven by record quarterly production at Detour Lake Mine of 210,980 ounces and a 33% increase in production at the Macassa Mine compared to the previous quarter (“Q3 2021”) to 61,336 ounces.
For FY 2021, consolidated production totalled 1,432,616 ounces, which exceeded both the Company’s original FY 2021 production guidance issued on December 10, 2020 of 1,300,000 – 1,400,000 ounces as well as improved guidance for the year of 1,350,000 – 1,400,000 ounces issued on November 3, 2021.
The outperformance versus guidance was largely driven by Fosterville Mine, where FY 2021 production of 509,601 ounces was significantly higher than original guidance of 400,000 – 425,000 ounces and compared favourably to improved guidance of approximately 500,000 ounces. The record 1,432,616 ounces of production in FY 2021 was 5% higher than 1,369,652 ounces for full-year 2020 (“FY 2020”).
All dollar amounts are expressed in U.S. dollars, unless otherwise noted.
Highlights of Q4 2021 and FY 2021 Production Results
Record consolidated production in Q4 2021 of 380,472 ounces, a 3% increase from both 369,434 ounces in the fourth quarter of 2020 (“Q4 2020”) and 370,101 ounces in Q3 2021; Record production of 1,432,616 ounces in FY 2021, a 5% increase from 1,369,652 ounces in FY 2020
Gold poured of 385,702 ounces in Q4 2021 versus 373,095 ounces in Q4 2020 and 370,487 ounces in Q3 2021; FY 2021 gold poured of 1,430,602 ounces, 5% higher than 1,364,412 ounces in FY 2020
Gold sales totalled 385,850 ounces in Q4 2021 at an average realized price(1) of $1,795 per ounce compared to gold sales of 371,009 ounces at an average realized price(1) of $1,875 per ounce in Q4 2020 and 372,100 ounces at an average realized price(1) of $1,791 per ounce the previous quarter; FY 2021 gold sales totalled 1,430,554 ounces at an average realized price(1) of $1,797 per ounce versus 1,388,944 ounces at an average realized price(1) of $1,772 per ounce in FY 2020
Record quarterly and full-year production at Detour Lake of 210,980 ounces in Q4 2021 and 712,824 ounces for FY 2021; Q4 2021 production increased 38% from 153,143 ounces in Q4 2020 and 12% from 189,233 ounces in Q3 2021; FY 2021 production increased 38% from 516,757 ounces for the 11 months in 2020 after Detour Lake was acquired on January 31, 2020 (included in the Company’s reported operating and financial results) and 27% from 563,253 ounces for FY 2020; FY 2021 production was near the top Detour Lake’s original FY 2021 guidance of 680,000 – 720,000 ounces and was in line with improved guidance of 700,000 – 720,000 ounces
Significant production outperformance at Fosterville in both Q4 2021 and FY 2021 with Q4 2021 production of 108,156 ounces and FY 2021 production totalling 509,601 ounces; Q4 2021 production compared to 164,008 ounces in Q4 2020 and 134,772 ounces in Q3 2021; FY 2021 production of 509,601 ounces was close to 100,000 ounces higher than the mid-point of the original FY 2021 guidance of 400,000 – 425,000 ounces and achieved improved guidance of approximately 500,000 ounces; FY 2021 production compared to production of 640,467 ounces in FY 2020
Strong production at Macassa in Q4 2021 totalling 61,336 ounces, a 17% increase from 52,283 ounces in Q4 2020 and 33% higher than 46,097 ounces in Q3 2021; Production in FY 2021 totalled 210,192 ounces, 15% higher than 183,037 ounces in FY 2020; FY 2021 production compared to original FY 2021 production guidance of 220,000 – 255,000 ounces and achieved the top end of revised guidance issued on November 3, 2021 of 190,000 – 210,000 ounces.
Other Highlights of Q4 2021
Shareholder approval received for proposed merger of equals (the “Merger”) with Agnico Eagle Mines Limited (“Agnico Eagle”), Merger targeted for completion between late January and mid-February 2022
The Merger was approved by both Kirkland Lake Gold and Agnico Eagle shareholders at special meetings of shareholders held on November 26, 2021, with approval from the Ontario Superior Court of Justice received on December 1, 2021; Closing of the Merger is expected between late January and mid-February, subject to approval by the Australian Foreign Investment Review Board (“FIRB”) and satisfaction or waiver of certain other customary closing conditions
Following the closing of Merger and the completion of consolidated budgets, the release of consolidated 2022 guidance for the combined company is targeted for the second half of February 2022
Continued exploration success: New high-grade mineralization was identified at Detour Lake both within and outside the new Mineral Resource pit shell established with the Mid-Year 2021 Mineral Resource estimates, which included a 10.1-million-ounce increase in open-pit Measured and Indicated Mineral Resources; At Fosterville, a revised drill assay result down-plunge of the Swan Zone significantly increased the grade of a previously-released intercept 500 metres (“m”) down-plunge of the deepest Mineral Reserves to 207 grams per tonne (“g/t”) over 2.6 m (estimated true width of 2.2 m) from 51.7 g/t over 2.6 m (estimated true width of 2.2 m) previously
Sinking phase of #4 Shaft project at Macassa completed: Sinking of the #4 Shaft reached 6,372 feet as of December 31, 2021 with completion of the sinking phase of the project, to 6,400 feet, completed as of January 12, 2022; Remaining work includes construction of the loading pocket and other infrastructure as well as additional development to connect the #4 Shaft to current mining operations, with full project completion on track for late 2022
Increased financial strength with cash of $940.0 million with no debt at December 31, 2021 versus $822.4 million at September 30, 2021 and $847.6 million at December 31, 2020; Increase in cash from December 31, 2020 achieved after returning $383.4 million to shareholders through share repurchases and dividend payments during FY 2021.
Tony Makuch, President and Chief Executive Officer of Kirkland Lake Gold, commented: “We finished 2021 with a record quarter of performance, driven by record production at Detour Lake, a strong finish to the year at Macassa and higher than planned production at Fosterville as the mine continued to achieve favourable grade performance. At the same time that we generated record operating results and continued to build our financial strength, we also made significant progress towards completing the Merger with Agnico Eagle, through which we will create a new industry leader with low unit costs, the best risk profile, excellent financial strength, an extensive growth pipeline and leadership in key areas of environmental, social and governance. We received shareholder approval for the Merger near the end of November, followed by the approval of the Ontario Superior Court of Justice on December 1, 2021, and are now awaiting Foreign Investment Review Board approval in Australia. Based on expected timelines, we are targeting closing of the Merger between late January and mid-February, after which we plan to finalize the consolidated 2022 budget for the new Agnico Eagle and to release consolidated guidance to the market in the second half of February.
“Focusing on the Kirkland Lake Gold assets, on a preliminary basis, both Detour Lake and Fosterville entered 2022 well positioned to achieve production during the year in line with previously-issued guidance (included in three-year production guidance released on December 10, 2020). At Macassa, we are reviewing the operation to assess opportunities to incorporate Agnico Eagle’s Amalgamated Kirkland Zone into the mine plan, to address ongoing performance and supply chain issues related to batteries and our battery-powered haul fleet, and to evaluate future plans for the near-surface ramp and mineralized zones. Based on work to date, we expect a reduction in production in 2022 from levels included in our previously-issued three-year guidance.”
1) See “Non-IFRS Measures” beginning on page 37 of the Company’s MD&A for the three and nine months ended September 30, 2021.
COVID-19 Update
With the increase in COVID-19 cases in both Canada and Australia resulting from the spread of the Omicron variant, the Company is experiencing reduced workforce levels and some disruption to operations at all three of its operating mines. The Company’s top priority is the health and safety of its people and, as such, it is intensifying its testing and other protocols related COVID-19 while also working diligently to mitigate operational disruptions. At the present time, it is too early to determine what impact, if any, the current COVID-19 environment may have on production at Detour Lake, Macassa and Fosterville in the first quarter and full-year 2022.
https://ih.advfn.com/stock-market/TSX/KL/stock-news/87030997/kirkland-lake-gold-reports-record-production-in-fo
$Well; 2022 seems to be shaping up to be a very, very interesting year. )
$GOLD TARGET $3,100-$7,600: Last Time Gold Had This Setup It Surged 330%!
December 16, 2021
https://kingworldnews.com/gold-target-3100-7600-last-time-gold-had-this-setup-it-surged-330/
$Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
) $J8 Happy New Year - Central banks accelerate shift from dollar to gold
worldwide
More resilient to upcoming rate hikes, holdings rose to a 31-year high
in 2021
HARUKI KITAGAWA, Nikkei staff writer
DECEMBER 29, 2021 16:36 JST
TOKYO -- Central banks around the world are increasing the gold they
hold in foreign exchange reserves, bringing the total to a 31-year high
in 2021.
Central banks have built up their gold reserves by more than 4,500 tons
over the past decade, according to the World Gold Council, the
international research organization of the gold industry.
As of September, the reserves totaled roughly 36,000 tons, the largest
since 1990 and up 15% from a decade earlier.
The value of the dollar against gold has dropped sharply over the last
decade as large-scale monetary relaxation has kept boosting the supply
of the U.S. currency. Although the U.S. Federal Reserve is starting to
tighten its grip on credit, other central banks continue their shift to
gold, reflecting global concerns about the dollar-based monetary
regime.
Gold is not directly linked to any nation's economy and can withstand
global unrest in financial markets, Adam Glapinski, president of the
National Bank of Poland, was quoted by local media as saying in
September as he explained the Polish central bank's buildup of gold
reserves.
The NBP bought some 100 tons of gold in 2019 and continues to purchase
the yellow metal.
The purchase of gold by emerging economies is continuing. In the first
nine months of 2021, Thailand bought some 90 tons, India 70 tons and
Brazil 60 tons.
Unlike U.S. government bonds and other dollar-denominated assets, gold
bears no interest. But the central bank of Hungary trebled its gold
reserves to more than 90 tons last spring because the metal is free
from credit and counter party risks.
Large purchases of gold were limited in the past to the central banks of
Russia and some other countries trying to free themselves from reliance
on the dollar because of political confrontations with the U.S.
Recently, the central banks of emerging economies, which tend to be
exposed to plunges in the value of their currencies, and of Eastern
European countries of limited economic scale have been noticeable
buyers. Faced with a persistent depreciation of its currency,
Kazakhstan has sharply raised the ratio of gold to foreign exchange
reserves.
... For the remainder of the report:
https://asia.nikkei.com/Spotlight/Datawatch/Central-banks-accelerate-shift-from-dollar-to-gold-worldwide
The Fed has made clear it is ending its easy money policy and projected
that it will begin raising interest rates in 2022. But the central
banks of emerging economies are likely to continue their shift to gold
from the dollar.
Gold prices remain firm, although the metal is considered unresistant to
rate increases. On Dec. 23, gold was quoted at the $1,807 level per
troy ounce, up 2% from just before the Fed's Dec. 15 announcement of a
decision to accelerate the tapering of its quantitative monetary easing
policy.
$MERRY CHRISTMAS - Jaw Dropping" Move In Gold & Silver Amid Monetary Panic | Michael Oliver *~<)
14,055 viewsPremiered
) ) MERRY CHRISTMAS; Agnico Eagle Mines (AEM) Jaw Dropping" Move In Gold & Silver Amid Monetary Panic | Michael Oliver *~<)
14,055 viewsPremiered 16 hours ago
) ) $Kirkland Lake Gold Declares Quarterly Dividend Payment
TORONTO, Dec. 17, 2021 (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 for the fourt...
https://www.kl.gold/news-and-media/default.aspx
$Well; 2022 seems to be shaping up to be a very, very interesting year. )
$GOLD TARGET $3,100-$7,600: Last Time Gold Had This Setup It Surged 330%!
December 16, 2021
https://kingworldnews.com/gold-target-3100-7600-last-time-gold-had-this-setup-it-surged-330/
$Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
) $Well; 2022 seems to be shaping up to be a very, very interesting year. )
$GOLD TARGET $3,100-$7,600: Last Time Gold Had This Setup It Surged 330%!
December 16, 2021
https://kingworldnews.com/gold-target-3100-7600-last-time-gold-had-this-setup-it-surged-330/
$Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
$Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
) $jimbo8 thanks; I wanted my new fellow stockholders to know why many
KL owners did not want this merger. If Eagle upgrades it's complete
mining operations to the way KL does mining, I have no doubt that you
will see unbelievable improvements. In essence you have many under-
utilized mining assets, which you will now be able to develop, like
Kirkland did the Detour and Fosterville mines or better! After all, to
Kirkland, CONTINUOUS IMPROVEMENTS in all phases of mining was the major
goal.
$Gold Surges Above $1,800 But This Will Trigger $30 Silver And $2,100 Gold
December 17, 2021
https://kingworldnews.com/gold-surges-above-1800-but-this-will-trigger-30-silver-and-2100-gold/
Is 2022 The Year For Gold & Silver? If The Central Banks & Private Citizens Keep Buying, It Will Be!
699 views Dec 8, 2021
https://www.youtube.com/watch?v=O137v49P7X8
TM You Lucky; Massive Price Change In Gold And Silver | Andrew Maguire & Danielle DiMartino Gold & Silver Forecast
8,328 viewsDec 10, 2021
https://www.youtube.com/watch?v=MWR3y8rbuSA
$Ep.56 LFTV: Basel III - The Elephant in the Room - Unprecedented Impact
for Gold and Silver
5,311 views Dec 10, 2021
https://www.youtube.com/watch?v=Y0l7dNC5lq8
C19 Note; Dollar has Stage 4 Cancer – Rob Kirby
By Greg Hunter On December 7, 2021 In Market Analysis No Comments
https://usawatchdog.com/dollar-has-stage-4-cancer-rob-kirby/
Bitcoin CRASH tied to Evergrande DEFAULT
17770 views
https://www.brighteon.com/8333fcd0-ce14-4cca-9272-088574c30545
$Davos Is Making The Central Bank Case For Gold
BY TYLER DURDEN - MONDAY, DEC 06, 2021 - 06:30 AM
Authored by Tom Luongo via Gold, Goats, 'n
Guns blog,
https://www.zerohedge.com/geopolitical/davos-making-central-bank-case-gold
$(NEM) Newmont Nining; DOLLAR DEMISE: THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
$In GOD We Trust - Real Money - AU Safety 6000yrs )
https://www.kitconet.com/images/quotes_7a.gif?1493417496003
http://www.kitconet.com/images/live/au0001wb.gif
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166747120
Ps.
opinion appreciated
$AEM & KL Gold Bulls To Run & FLY; Kirkland Lake Gold Shareholders Approve Merger of Equals With Agnico Eagle
TORONTO, Nov. 26, 2021 (GLOBE NEWSWIRE) --
https://www.kl.gold/news-and-media/default.aspx
$Massive Price Change In Gold And Silver | Andrew Maguire & Danielle DiMartino Gold & Silver Forecast
8,328 viewsDec 10, 2021
) $Kirkland Lake Gold Shareholders Approve Merger of Equals With Agnico Eagle
TORONTO, Nov. 26, 2021 (GLOBE NEWSWIRE) --
https://www.kl.gold/news-and-media/default.aspx
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL)
(NYSE:KL) (ASX:KLA) today announced that at a special meeting of
shareholders held earlier today (the “Meeting”), the Company’s
shareholders voted in favour of the arrangement resolution (the
“Kirkland Arrangement Resolution”) approving the proposed merger of
equals whereby all of the issued and outstanding shares of the Company
(the “Kirkland Shares”) will be acquired by Agnico Eagle Mines Limited
(“Agnico Eagle”) for common shares of Agnico Eagle (the “Agnico
Shares”) in a merger of equals for consideration per Kirkland Share
equal to 0.7935 of an Agnico Share (the “Arrangement”).
186,840,773 Kirkland Shares, representing approximately 70.85% of the issued and outstanding Kirkland Shares as at the record date, were voted at the Meeting.
The Kirkland Arrangement Resolution was approved by 150,681,106 Kirkland Shares or approximately 80.65% of votes cast by Kirkland Lake Gold shareholders either in person or represented by proxy at the Meeting.
The report of voting results will be made available under the Company’s profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
In addition to the approval by Kirkland Lake Gold shareholders, Agnico Eagle shareholders approved the issuance of Agnico Shares in connection with the Arrangement at a special meeting of Agnico Eagle shareholders held earlier today.
Tony Makuch, President and Chief Executive Officer of Kirkland Lake Gold, commented: “We are pleased that our shareholders have voted in favor of the merger of equals with Agnico Eagle. Through the merger, we will establish a new leader in the gold industry, with superior performance, significant financial strength, an extensive pipeline of development and exploration projects to support sustainable, low-risk growth and leadership in key areas of Environmental, Social and Governance.
We look forward to completing the merger, following receipt of final regulatory approvals, and to moving ahead as the new Agnico Eagle. We believe this will be a company positioned to generate superior long-term returns for shareholders going forward.
To our shareholders, thank you for your support; we know it is important to demonstrate the value we can create with Agnico Eagle and are anxious to get started!”
The Arrangement is expected to be completed during the first quarter of 2022, subject to approval by the Ontario Superior Court of Justice, approval of the Australian Foreign Investment Review Board (“FIRB Approval”) and satisfaction or waiver of certain other closing conditions.
For a more detailed description of the Arrangement, readers should review the Company’s joint management information circular with Agnico dated October 29, 2021 and visit
https://www.kl.gold/Agnico-Eagle--Kirkland-Lake-Gold-Merger/.
ABOUT KIRKLAND LAKE GOLD LTD.
Kirkland Lake Gold Ltd. Is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 – 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold’s solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice-President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
The Toronto Stock Exchange has neither reviewed nor accepts responsibility for the adequacy or accuracy of this news release.
Cautionary Note Regarding Forward-Looking Information
https://www.kl.gold/news-and-media/default.aspx
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
Table 1: Drill Assay Intercepts for the Lower Phoenix Faults at Fosterville Gold Mine
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-Update-to-Fosterville-News-Release-of-August-30th-Significantly-Increases-Grade-of-Key-Lower-Phoenix-Intercept/default.aspx
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
Cautionary Note Regarding Forward-Looking Information
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports Record Net Earnings in Q3 2021
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-Record-Net-Earnings-in-Q3-2021/default.aspx
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake
Results confirm and expand mineralization beyond Mid-Year 2021 Mineral Resource Estimates
Drilling confirms and identifies new mineralization inside recently updated resource pit shells
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-New-Wide-High-Grade-Intersections-at-Detour-Lake-eef6cc257/default.aspx
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.com
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-New-High-Grade-Visible-Gold-Bearing-Intersections-Down-Plunge-of-Swan-Zone-at-Cygnet-and-at-Robbins-Hill--Fosterville-Mine/default.aspx
PRESENTATION
https://s23.q4cdn.com/685814098/files/doc_presentations/2021/07/Q2-2021-CONFERENCE-CALL-AND-WEBCAST-July-29-2021-v12.pdf
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
https://www.kl.gold/news-and-media/default.aspx
Primary Logo
Source: Kirkland Lake Gold Ltd
Ps.
Kirkland Lake Gold should buy MMY bargain producer of gold & silver -
$Monument Mining Limited (MMY.VN) -
$MMY- $70 mil in assets and only a $42 mil market cap? NO DEBT! smile)
https://www.barchart.com/stocks/quotes/MMY.VN/opinion
$Way undervalued and oversold - 5 bagger + + + + ? or more -
IMO!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161590519
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166617426
$Agnico Eagle Mines Limited & Kirkland Lake Gold Reports Favourable Recommendation From ISS for Merger of Equals With Agnico Eagle Mines Limited
Leading, Independent Proxy Advisory Firm ISS recommends Kirkland Lake Gold shareholders vote in favour of proposed merger of equals with Agnico Eagle Mines Limited
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-Favourable-Recommendation-From-ISS-for-Merger-of-Equals-With-Agnico-Eagle-Mines-Limited/default.aspx
ISS states there is “sound strategic rationale for a combination with AEM and the all-stock consideration provides an opportunity for shareholders to participate in the potential upside represented by a more diversified set of operating assets and exploration portfolio”
Shareholders are encouraged to vote well in advance of the proxy voting deadline of 11:00 am (EST) on November 24, 2021.
Questions? Need help voting? Contact Kingsdale Advisors at 1.877.659.1824
TORONTO, Nov. 10, 2021 (GLOBE NEWSWIRE) --
$Kirkland Lake Gold Ltd. (“Kirkland Lake Gold”, the “Company” or “KL”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that a leading independent proxy advisor, Institutional Shareholder Services Inc. ("ISS"), has recommended that the Company’s shareholders vote FOR the merger of equals (the “Merger”) with Agnico Eagle Mines Limited (“Agnico Eagle”) (TSX: AEM) (NYSE: AEM) by way of a plan of arrangement (the “Arrangement”).
On September 28, 2021, Kirkland Lake Gold and Agnico Eagle entered into a merger agreement pursuant to which Agnico Eagle will acquire all of the issued and outstanding common shares of Kirkland Lake Gold on the basis of 0.7935 of an Agnico Eagle common share for each Kirkland Lake Gold common share held. Upon completion of the Arrangement, existing Kirkland Lake Gold and Agnico Eagle shareholders are expected to own approximately 46% and 54% of the outstanding shares of the pro forma company, respectively.
Following its assessment of the Arrangement, ISS stated, among other things, that:
“There appears to be sound strategic rationale for a combination with AEM and the all-stock consideration provides an opportunity for shareholders to participate in the potential upside represented by a more diversified set of operating assets and exploration portfolio... In addition, the combined company will continue to benefit from the leadership of KL's CEO who has delivered a healthy TSR since assuming the position in 2016.”
Tony Makuch, President and Chief Executive Officer of Kirkland Lake Gold, commented: “We are pleased that ISS, a leading proxy advisor, has endorsed this deal and encouraged all shareholders to vote FOR the Arrangement with Agnico Eagle. The Merger represents a truly unique opportunity to create a new leader in the gold mining industry, with the lowest unit costs, best risk profile, substantial financial strength, an extensive project pipeline to drive future growth and leadership in key areas of ESG. The combined company, to continue under the Agnico Eagle name, will have a dominant position in one of the world’s great gold regions, the Abitibi region of northern Ontario and northwestern Quebec, which will provide significant value creation opportunities. The new Agnico Eagle will be a company deserving of a premium valuation, given its many competitive advantages, and will be ideally positioned to generate superior long-term returns for shareholders going forward. The endorsement of ISS is a positive step forward and we encourage all shareholders to vote their shares well in advance of the deadline at 11:00 am (EST) on November 24, 2021.”
KIRKLAND LAKE GOLD MEETING
Kirkland Lake Gold’s special meeting (the “Meeting”) of shareholders in connection with the Arrangement will be held online at 11:00 a.m. (Toronto time) on November 26, 2021 in a virtual-only format, which will be conducted via live webcast available online using the TSX Trust virtual shareholder meeting platform at https://virtual-meetings.tsxtrust.com/1231, password “kirkland2021” (case sensitive). Kirkland Lake Gold shareholders of record as of the close of business on October 13, 2021 will be eligible to vote at the Meeting.
THE DEADLINE TO VOTE YOUR SHARES IS 11:00 A.M. (TORONTO TIME) ON NOVEMBER 24, 2021
Shareholders who have questions or require assistance voting their shares, should contact Kingsdale Advisors, the Company’s strategic shareholder advisor and proxy solicitation agent, by telephone at 1.877.659.1824 toll-free in North America (+1.416.867.2272 for collect calls outside of North America) or by e-mail at contactus@kingsdaleadvisors.com, or your professional advisor.
The Company’s joint management information circular outlines the benefits for Kirkland Lake Gold shareholders and the risks related thereto and provides details about the Arrangement, including details on how shareholders can vote their Kirkland Lake Gold shares.
For a more detailed description of the Arrangement, readers should review the Company’s joint management information circular and visit www.kl.gold/Agnico-Eagle--Kirkland-Lake-Gold-Merger.
ABOUT KIRKLAND LAKE GOLD LTD.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
FOR FURTHER INFORMATION PLEASE CONTACT
Kirkland Lake Gold Ltd.
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice-President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
Cautionary Note Regarding Forward-Looking Information
This press release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of Kirkland Lake Gold with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and include information regarding: (i) expectations regarding timing of the Meeting, (ii) expectations regarding whether the proposed Arrangement will be consummated, (iii) expectations regarding the potential benefits and synergies of the Arrangement , (iv) expectations regarding Kirkland Lake Gold’s financial strength and capital markets profile following completion of the Arrangement, (v) expectations regarding future exploration, development and growth potential for Kirkland Lake Gold’s and Agnico Eagle’s operations, and (vi) expectations for other economic, business, and/or competitive factors.
Investors are cautioned that forward-looking information is not based on historical facts but instead reflect Kirkland Lake Gold’s management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Kirkland Lake Gold believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to consummate the Arrangement; the ability to obtain requisite court, regulatory and shareholder approvals and the satisfaction of other conditions to the consummation of the Arrangement on the proposed terms and schedule; the ability of Kirkland Lake Gold and Agnico Eagle to successfully integrate their respective operations and employees and realize synergies and cost savings at the times, and to the extent, anticipated; the potential impact of the Arrangement on exploration activities; the potential impact of the announcement or consummation of the Arrangement on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; the re-rating potential following the consummation of the Arrangement; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the Arrangement. This forward-looking information may be affected by risks and uncertainties in the business of Kirkland Lake Gold and market conditions. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by Kirkland Lake Gold with the Canadian securities regulators, including Kirkland Lake Gold’s annual information form, financial statements and related MD&A for the financial year ended December 31, 2020, its interim financial reports and related MD&A for the period ended September 30, 2021 and its management information circular dated October 29, 2021 filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Kirkland Lake Gold has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Kirkland Lake Gold does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
Primary Logo
Source: Kirkland Lake Gold Ltd
Graphics accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f24cf177-aff6-43a7-8e29-28ee97748d5a
https://www.globenewswire.com/NewsRoom/AttachmentNg/87e21f7a-1583-47e2-a06f-3ca3e535e0b8
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.
Cautionary Note Regarding Forward-Looking Information
This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to planned exploration programs, costs and expenditures, the potential for the discovery of additional high-grade mineralized zones at the Fosterville Gold Mine, including statements made with respect to the future growth potential at Lower Phoenix, the Cygnet Fault and Robbin’s Hill, changes in Mineral Resource estimates, potential growth in Mineral Resources, conversion of Mineral Resources to proven and probable Mineral Reserves, the ability to extend mine life and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management. These forward-looking statements include, but are not limited to, statements with respect to future exploration potential, project economics, timing and scope of future exploration, anticipated costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. A mineral resource that is classified as “inferred” or “indicated” has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an “indicated mineral resource” or “inferred mineral resource” will ever be upgraded to a higher category of resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into proven and probable reserves. Among the key factors that could cause actual results to differ materially from those projected in the forward looking information are the following: the future impacts of COVID 19 and any government response to COVID 19, the ability of the Company to continue operations at its mine sites in lieu of the pandemic, its ability to reduce the spread of COVID 19 through the implementation of various COVID 19 screening and health and safety protocols at site, future planned exploration activities, risks relating to first nations and Aboriginal heritage, currency exchange rates (such as the Canadian dollar and the Australia dollar versus the United States dollar), risks associated with labour and employment matters, changes in the financial markets, future gold price, changes in applicable laws and compliance with extensive government regulation.
There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, among others, risks related to international operations, risks related to obtaining the permits required to carry out planned exploration or development work, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold, as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form, financial statements and related MD&A for the periods ended December 31, 2020 and June 30, 2021 and other disclosures of “Risk Factors” by the Company and its predecessors, which are filed with the securities regulatory authorities in certain provinces in Canada and available on SEDAR. Although the Company has attempted to identify key factors that could cause actual results to differ materially, there may be other factors that cause unanticipated and unintended results. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors - Mineral Reserve and Resource Estimates
This press release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ in certain material respects from the disclosure requirements of United States securities laws. The terms “mineral reserve”, “proven mineral reserve” and “probable mineral reserve” are Canadian mining terms as defined in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) – CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the “CIM Standards”). These definitions differ significantly from the definitions in the disclosure requirements promulgated by the Securities and Exchange Commission (the “SEC”) applicable to domestic reporting companies. Investors are cautioned that information contained in this Annual Information Form may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations of the SEC thereunder.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
Table 1: Drill Assay Intercepts for the Lower Phoenix Faults at Fosterville Gold Mine
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-Update-to-Fosterville-News-Release-of-August-30th-Significantly-Increases-Grade-of-Key-Lower-Phoenix-Intercept/default.aspx
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
Cautionary Note Regarding Forward-Looking Information
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports Record Net Earnings in Q3 2021
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-Record-Net-Earnings-in-Q3-2021/default.aspx
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake
Results confirm and expand mineralization beyond Mid-Year 2021 Mineral Resource Estimates
Drilling confirms and identifies new mineralization inside recently updated resource pit shells
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-New-Wide-High-Grade-Intersections-at-Detour-Lake-eef6cc257/default.aspx
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.com
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-New-High-Grade-Visible-Gold-Bearing-Intersections-Down-Plunge-of-Swan-Zone-at-Cygnet-and-at-Robbins-Hill--Fosterville-Mine/default.aspx
PRESENTATION
https://s23.q4cdn.com/685814098/files/doc_presentations/2021/07/Q2-2021-CONFERENCE-CALL-AND-WEBCAST-July-29-2021-v12.pdf
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
https://www.kl.gold/news-and-media/default.aspx
Primary Logo
Source: Kirkland Lake Gold Ltd
Ps.
Kirkland Lake Gold should buy MMY bargain producer of gold & silver -
$Monument Mining Limited (MMY.VN) -
$MMY- $70 mil in assets and only a $42 mil market cap? NO DEBT! smile)
https://www.barchart.com/stocks/quotes/MMY.VN/opinion
$Way undervalued and oversold - 5 bagger + + + + ? or more -
IMO!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161590519
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166617426
$Kirkland Lake Gold Announces Update to Fosterville News Release of
August 30th, Significantly Increases Grade of Key Lower Phoenix
Intercept
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-Update-to-Fosterville-News-Release-of-August-30th-Significantly-Increases-Grade-of-Key-Lower-Phoenix-Intercept/default.aspx
Download this Press ReleasePDF Format (opens in new window)
Revised underground drill assay result increases the grade of VG ( 1) intercept in hole UDH4051 located down-plunge of Swan Zone, 500 m (1) from deepest Mineral Reserves
Key intercept: 51.7 g/t(1) over 2.6 m (ETW(1) 2.2 m) revised to 207 g/t(1) Au over 2.6 m(1) (ETW(1) 2.2 m(1))
( 1) Abbreviations include: VG – Visible Gold; m – metres; g/t – grams per tonne gold; ETW – estimated true width.
TORONTO, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced a revised drill intercept for one drill hole reported in the Lower Phoenix System at Fosterville in the news release issued on August 30, 2021 (the “August 30th News Release”). All other intercepts reported that August 30th News Release are unchanged. The drilling results and collar information for drill hole UDH4051 are presented in Tables 1 and 2.
The drill result initially reported for the Lower Phoenix VG intercept was 51.7 g/t Au over 2.6 m (ETW 2.2 m), including 215 g/t over 0.6 m (ETW 0.5 m) in hole UDH4051. However, the revised intercept is 207 g/t Au over 2.6 m (ETW 2.2 m), including 947 g/t Au over 0.6 m (ETW 0.5 m). The grade revision for the intercept represents a four-fold increase from the previously reported result. The revision followed additional review of the assays released on August 30, 2021 from the Fosterville mine and resulted from an analytical error at independent assay laboratory, On Site Laboratory Services.
Tony Makuch, President and CEO of Kirkland Lake Gold, commented: “The correction to the intercept in hole UDH4051 is significant as, at 207 g/t over 2.6 m, it is extremely high-grade and is located 500 m away from our deepest Mineral Reserves in Lower Phoenix. With the very high concentrations of gold we get in the quartz with VG mineralization at Fosterville, the revised intercept provides increasing evidence that there will be additional high-grade lenses that we can identify as we drill to extend the deposit down-plunge from current Mineral Reserves.”
The error in the initial report was identified during a subsequent review of the sample batch, which was assayed using an Atomic Absorption Spectrometry (AAS) instrument to measure gold in solutions. The analytical method required solutions for extremely high-grade gold samples to be diluted, and dilution calculations applied to the AAS readings to return the gold assay. On Site Laboratory Services identified that a transcription error had occurred, and that a dilution calculation had not been applied to two results in their initial report.
Comparable results for the updated UDH4051 intercept have since been returned for screen fire (metallic screening) assay, and the Chrysos PhotonAssay techniques.
Qualified Persons
Troy Fuller, MAIG, Director of Exploration, Australia, is a "qualified person" as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this press release.
For further information regarding the Company’s 2020 Mineral Reserves and Mineral Resources estimates for the Fosterville Gold Mine, please refer to the Company’s News Release dated February 25, 2021 and the Technical Report entitled “Updated NI 43-101 Technical Report Fosterville Gold Mine In the State of Victoria, Australia” effective December 31, 2018, both available on the Company’s website and on SEDAR.
Drilling and Underground Sampling Assay QAQC
Kirkland Lake Gold has in place quality-control systems to ensure best practice in drilling, sampling and analysis of drill core. All underground diamond drill hole collars are accurately surveyed using a Leica TS16 Total Station (Table 2). Down-hole deviations are measured by either electronic gyro or single-shot instruments.
Sampling of diamond drill hole UDH4051 consisted of full core sampled that was sent to an independent laboratory for analysis. Sample pulps are returned from the assay laboratory for reference and future geological or metallurgical studies. Drill core sample intervals vary between 0.1 and 1.0m in length and were determined from logging of sulfide and VG to geological boundaries.
For assay QAQC purposes Certified Reference Material (CRM) and Blank samples are inserted into the sample stream at rates of approximately 1 in 25.
Samples containing visible-gold or considered likely to contain visible-gold were separated from sulfide gold samples and dispatched separately for assaying. At the laboratory “visible-gold” jobs were processed through a single pulverizer and material barren of gold (‘quartz wash’) was crushed before and after each sample to minimize the potential for gold to contaminate successive samples.
Assays are based on a 25-gram fire assay method. Samples containing VG or returning high-grade fire assay results are also verified by Screen fire assaying (metallic screening) with either Atomic Absorption Spectroscopy (AAS) or Gravimetric finish. Mean grades are calculated using a variable lower grade cut-off (generally 2 g/t Au) and maximum 2 m internal dilution. No upper gold grade cut-off is applied to the data. However, during future Mineral Resource studies the requirement for assay top cutting will be assessed.
The samples were assayed at On Site Laboratory Services, an independent laboratory in Bendigo, Victoria. The facility is registered under ISO 9001:2015 (CERT-40147) and operates in accordance with ISO/IEC17025 (accreditation no. 20456) under National Association of Testing Authorities, Australia (NATA).
Graphics accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f24cf177-aff6-43a7-8e29-28ee97748d5a
https://www.globenewswire.com/NewsRoom/AttachmentNg/87e21f7a-1583-47e2-a06f-3ca3e535e0b8
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.
Cautionary Note Regarding Forward-Looking Information
This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. These forward-looking statements include, but are not limited to, statements with respect to planned exploration programs, costs and expenditures, the potential for the discovery of additional high-grade mineralized zones at the Fosterville Gold Mine, including statements made with respect to the future growth potential at Lower Phoenix, the Cygnet Fault and Robbin’s Hill, changes in Mineral Resource estimates, potential growth in Mineral Resources, conversion of Mineral Resources to proven and probable Mineral Reserves, the ability to extend mine life and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management. These forward-looking statements include, but are not limited to, statements with respect to future exploration potential, project economics, timing and scope of future exploration, anticipated costs and expenditures, changes in mineral resources and conversion of mineral resources to proven and probable reserves, and other information that is based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Exploration results that include geophysics, sampling, and drill results on wide spacings may not be indicative of the occurrence of a mineral deposit. Such results do not provide assurance that further work will establish sufficient grade, continuity, metallurgical characteristics and economic potential to be classed as a category of mineral resource. A mineral resource that is classified as “inferred” or “indicated” has a great amount of uncertainty as to its existence and economic and legal feasibility. It cannot be assumed that any or part of an “indicated mineral resource” or “inferred mineral resource” will ever be upgraded to a higher category of resource. Investors are cautioned not to assume that all or any part of mineral deposits in these categories will ever be converted into proven and probable reserves. Among the key factors that could cause actual results to differ materially from those projected in the forward looking information are the following: the future impacts of COVID 19 and any government response to COVID 19, the ability of the Company to continue operations at its mine sites in lieu of the pandemic, its ability to reduce the spread of COVID 19 through the implementation of various COVID 19 screening and health and safety protocols at site, future planned exploration activities, risks relating to first nations and Aboriginal heritage, currency exchange rates (such as the Canadian dollar and the Australia dollar versus the United States dollar), risks associated with labour and employment matters, changes in the financial markets, future gold price, changes in applicable laws and compliance with extensive government regulation.
There can be no assurance that forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, among others, risks related to international operations, risks related to obtaining the permits required to carry out planned exploration or development work, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined as well as future prices of gold, as well as those factors discussed in the section entitled “Risk Factors” in the Company’s Annual Information Form, financial statements and related MD&A for the periods ended December 31, 2020 and June 30, 2021 and other disclosures of “Risk Factors” by the Company and its predecessors, which are filed with the securities regulatory authorities in certain provinces in Canada and available on SEDAR. Although the Company has attempted to identify key factors that could cause actual results to differ materially, there may be other factors that cause unanticipated and unintended results. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Cautionary Note to U.S. Investors - Mineral Reserve and Resource Estimates
This press release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ in certain material respects from the disclosure requirements of United States securities laws. The terms “mineral reserve”, “proven mineral reserve” and “probable mineral reserve” are Canadian mining terms as defined in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and the Canadian Institute of Mining, Metallurgy and Petroleum (the “CIM”) – CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the “CIM Standards”). These definitions differ significantly from the definitions in the disclosure requirements promulgated by the Securities and Exchange Commission (the “SEC”) applicable to domestic reporting companies. Investors are cautioned that information contained in this Annual Information Form may not be comparable to similar information made public by United States companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations of the SEC thereunder.
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
Table 1: Drill Assay Intercepts for the Lower Phoenix Faults at Fosterville Gold Mine
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-Update-to-Fosterville-News-Release-of-August-30th-Significantly-Increases-Grade-of-Key-Lower-Phoenix-Intercept/default.aspx
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
Cautionary Note Regarding Forward-Looking Information
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports Record Net Earnings in Q3 2021
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-Record-Net-Earnings-in-Q3-2021/default.aspx
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake
Results confirm and expand mineralization beyond Mid-Year 2021 Mineral Resource Estimates
Drilling confirms and identifies new mineralization inside recently updated resource pit shells
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-New-Wide-High-Grade-Intersections-at-Detour-Lake-eef6cc257/default.aspx
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.com
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-New-High-Grade-Visible-Gold-Bearing-Intersections-Down-Plunge-of-Swan-Zone-at-Cygnet-and-at-Robbins-Hill--Fosterville-Mine/default.aspx
PRESENTATION
https://s23.q4cdn.com/685814098/files/doc_presentations/2021/07/Q2-2021-CONFERENCE-CALL-AND-WEBCAST-July-29-2021-v12.pdf
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
https://www.kl.gold/news-and-media/default.aspx
Primary Logo
Source: Kirkland Lake Gold Ltd
Ps.
Kirkland Lake Gold should buy MMY bargain producer of gold & silver -
$Monument Mining Limited (MMY.VN) -
$MMY- $70 mil in assets and only a $42 mil market cap? NO DEBT! smile)
https://www.barchart.com/stocks/quotes/MMY.VN/opinion
$Way undervalued and oversold - 5 bagger + + + + ? or more -
IMO!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161590519
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166617426
$Kirkland Lake Gold Announces Update to Fosterville News Release of August 30th, Significantly Increases Grade of Key Lower Phoenix Intercept
Revised underground drill assay result increases the grade of VG ( 1) intercept in hole UDH4051 located down-plunge of Swan Zone, 500 m (1) from deepest Mineral Reserves
Key intercept: 51.7 g/t(1) over 2.6 m (ETW(1) 2.2 m) revised to 207 g/t(1) Au over 2.6 m(1) (ETW(1) 2.2 m(1))
( 1) Abbreviations include: VG – Visible Gold; m – metres; g/t – grams per tonne gold; ETW – estimated true width.
TORONTO, Nov. 05, 2021 (GLOBE NEWSWIRE) --
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced a revised drill intercept for one drill hole reported in the Lower Phoenix System at Fosterville in the news release issued on August 30, 2021 (the “August 30th News Release”). All other intercepts reported that August 30th News Release are unchanged. The drilling results and collar information for drill hole UDH4051 are presented in Tables 1 and 2.
The drill result initially reported for the Lower Phoenix VG intercept was 51.7 g/t Au over 2.6 m (ETW 2.2 m), including 215 g/t over 0.6 m (ETW 0.5 m) in hole UDH4051. However, the revised intercept is 207 g/t Au over 2.6 m (ETW 2.2 m), including 947 g/t Au over 0.6 m (ETW 0.5 m). The grade revision for the intercept represents a four-fold increase from the previously reported result. The revision followed additional review of the assays released on August 30, 2021 from the Fosterville mine and resulted from an analytical error at independent assay laboratory, On Site Laboratory Services.
https://www.kl.gold/news-and-media/default.aspx
Tony Makuch, President and CEO of Kirkland Lake Gold, commented: “The correction to the intercept in hole UDH4051 is significant as, at 207 g/t over 2.6 m, it is extremely high-grade and is located 500 m away from our deepest Mineral Reserves in Lower Phoenix. With the very high concentrations of gold we get in the quartz with VG mineralization at Fosterville, the revised intercept provides increasing evidence that there will be additional high-grade lenses that we can identify as we drill to extend the deposit down-plunge from current Mineral Reserves.”
The error in the initial report was identified during a subsequent review of the sample batch, which was assayed using an Atomic Absorption Spectrometry (AAS) instrument to measure gold in solutions. The analytical method required solutions for extremely high-grade gold samples to be diluted, and dilution calculations applied to the AAS readings to return the gold assay. On Site Laboratory Services identified that a transcription error had occurred, and that a dilution calculation had not been applied to two results in their initial report.
Comparable results for the updated UDH4051 intercept have since been returned for screen fire (metallic screening) assay, and the Chrysos PhotonAssay techniques.
Qualified Persons
Troy Fuller, MAIG, Director of Exploration, Australia, is a "qualified person" as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this press release.
For further information regarding the Company’s 2020 Mineral Reserves and Mineral Resources estimates for the Fosterville Gold Mine, please refer to the Company’s News Release dated February 25, 2021 and the Technical Report entitled “Updated NI 43-101 Technical Report Fosterville Gold Mine In the State of Victoria, Australia” effective December 31, 2018, both available on the Company’s website and on SEDAR.
Drilling and Underground Sampling Assay QAQC
Kirkland Lake Gold has in place quality-control systems to ensure best practice in drilling, sampling and analysis of drill core. All underground diamond drill hole collars are accurately surveyed using a Leica TS16 Total Station (Table 2). Down-hole deviations are measured by either electronic gyro or single-shot instruments.
Sampling of diamond drill hole UDH4051 consisted of full core sampled that was sent to an independent laboratory for analysis. Sample pulps are returned from the assay laboratory for reference and future geological or metallurgical studies. Drill core sample intervals vary between 0.1 and 1.0m in length and were determined from logging of sulfide and VG to geological boundaries.
For assay QAQC purposes Certified Reference Material (CRM) and Blank samples are inserted into the sample stream at rates of approximately 1 in 25.
Samples containing visible-gold or considered likely to contain visible-gold were separated from sulfide gold samples and dispatched separately for assaying. At the laboratory “visible-gold” jobs were processed through a single pulverizer and material barren of gold (‘quartz wash’) was crushed before and after each sample to minimize the potential for gold to contaminate successive samples.
Assays are based on a 25-gram fire assay method. Samples containing VG or returning high-grade fire assay results are also verified by Screen fire assaying (metallic screening) with either Atomic Absorption Spectroscopy (AAS) or Gravimetric finish. Mean grades are calculated using a variable lower grade cut-off (generally 2 g/t Au) and maximum 2 m internal dilution. No upper gold grade cut-off is applied to the data. However, during future Mineral Resource studies the requirement for assay top cutting will be assessed.
The samples were assayed at On Site Laboratory Services, an independent laboratory in Bendigo, Victoria. The facility is registered under ISO 9001:2015 (CERT-40147) and operates in accordance with ISO/IEC17025 (accreditation no. 20456) under National Association of Testing Authorities, Australia (NATA).
Graphics accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/f24cf177-aff6-43a7-8e29-28ee97748d5a
https://www.globenewswire.com/NewsRoom/AttachmentNg/87e21f7a-1583-47e2-a06f-3ca3e535e0b8
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a low-cost senior gold producer operating in Canada and Australia that is targeting 1,300,000 - 1,400,000 ounces of production in 2021. The production profile of Kirkland Lake Gold is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position, extensive management expertise and an overriding commitment to safe, responsible mining.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
Cautionary Note Regarding Forward-Looking Information
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports Record Net Earnings in Q3 2021
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-Record-Net-Earnings-in-Q3-2021/default.aspx
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake
Results confirm and expand mineralization beyond Mid-Year 2021 Mineral Resource Estimates
Drilling confirms and identifies new mineralization inside recently updated resource pit shells
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-New-Wide-High-Grade-Intersections-at-Detour-Lake-eef6cc257/default.aspx
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.com
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-New-High-Grade-Visible-Gold-Bearing-Intersections-Down-Plunge-of-Swan-Zone-at-Cygnet-and-at-Robbins-Hill--Fosterville-Mine/default.aspx
PRESENTATION
https://s23.q4cdn.com/685814098/files/doc_presentations/2021/07/Q2-2021-CONFERENCE-CALL-AND-WEBCAST-July-29-2021-v12.pdf
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
https://www.kl.gold/news-and-media/default.aspx
Primary Logo
Source: Kirkland Lake Gold Ltd
Ps.
Kirkland Lake Gold should buy MMY bargain producer of gold & silver -
$Monument Mining Limited (MMY.VN) -
$MMY- $70 mil in assets and only a $42 mil market cap? NO DEBT! smile)
https://www.barchart.com/stocks/quotes/MMY.VN/opinion
$Way undervalued and oversold - 5 bagger + + + + ? or more -
IMO!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161590519
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166617426
$Kirkland Lake Gold Reports Record Net Earnings in Q3 2021
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-Record-Net-Earnings-in-Q3-2021/default.aspx
https://www.kl.gold/news-and-media/default.aspx
$Kirkland Lake Gold Reports New Wide, High-Grade Intersections at Detour Lake
Results confirm and expand mineralization beyond Mid-Year 2021 Mineral Resource Estimates
Drilling confirms and identifies new mineralization inside recently updated resource pit shells
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Reports-New-Wide-High-Grade-Intersections-at-Detour-Lake-eef6cc257/default.aspx
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website www.kl.gold.com
https://www.kl.gold/news-and-media/press-release-details/2021/Kirkland-Lake-Gold-Announces-New-High-Grade-Visible-Gold-Bearing-Intersections-Down-Plunge-of-Swan-Zone-at-Cygnet-and-at-Robbins-Hill--Fosterville-Mine/default.aspx
PRESENTATION
https://s23.q4cdn.com/685814098/files/doc_presentations/2021/07/Q2-2021-CONFERENCE-CALL-AND-WEBCAST-July-29-2021-v12.pdf
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
FOR FURTHER INFORMATION PLEASE CONTACT
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884
E-mail: mutting@kl.gold
https://www.kl.gold/news-and-media/default.aspx
Primary Logo
Source: Kirkland Lake Gold Ltd
Ps.
Kirkland Lake Gold should buy MMY bargain producer of gold & silver -
$Monument Mining Limited (MMY.VN) -
$MMY- $70 mil in assets and only a $42 mil market cap? NO DEBT! smile)
https://www.barchart.com/stocks/quotes/MMY.VN/opinion
$Way undervalued and oversold - 5 bagger + + + + ? or more -
IMO!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161590519
In GOD We Trust - Real Money -
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166617426
$Kirkland Lake Gold Announces Filing of Amended and Restated Detour Lake Mine Technical Report
https://www.kl.gold/news-and-media/default.aspx
TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) --
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that it has filed on SEDAR an amended and restated National Instrument 43-101 –
Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report (the “Amended Report”) with respect to the updated Mineral Resource estimates for the Detour Lake Mine (“Detour Lake”) released on September 2, 2021 (the “Mid-Year 2021 Mineral Resource Estimates”).
As with the original technical report filed on October 15, 2021, the Amended Report is entitled, “Detour Lake Operation, Ontario, Canada, NI 43-101 Report” and is effective as of July 26, 2021.
There are no material differences between the Amended Report and the original technical report and there are no differences in the Mid-Year 2021 Mineral Resource Estimates.
The Amended Report includes revisions to address formatting issues affecting the presentation of Tables 1-3, 1-4, 14-23 and 14-24.
This Amended Report replaces the previously filed technical report.
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a senior gold producer operating in Canada and Australia that is targeting 1,300,000 – 1,400,000 ounces of production in 2021.
The production profile of the Company is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia.
Kirkland Lake Gold’s solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management expertise.
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website
https://www.klgold.com
Risks and Uncertainties
The exploration, development and mining of mineral deposits involves significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate. Kirkland Lake Gold is subject to several financial and operational risks that could have a significant impact on its cash flows and profitability. The most significant risks and uncertainties faced by the Company include: the price of gold; the uncertainty of production estimates (which assume accuracy of projected grade, recovery rates, and tonnage estimates and may be impacted by unscheduled maintenance, labour and other operating, engineering or technical difficulties with respect to the development of its projects, many of which may not be within the control of the Company), including the ability to extract anticipated tonnes and successfully realizing estimated grades; the threat of outbreaks of viruses or other infectious disease, including COVID-19; changes to operating and capital cost assumptions; the inherent risk associated with project development and permitting processes; the uncertainty of the mineral resources and their development into mineral reserves; the replacement of depleted reserves; foreign exchange risks; changes in applicable laws and regulations (including tax legislation); reclamation obligations; regulatory; tax matters and foreign mining tax regimes, as well as health, safety, environmental and cybersecurity risks. For more extensive discussion on risks and uncertainties refer to the “Risks and Uncertainties” section in the December 31, 2020 Annual Information Form and the Company’s MD&A for the period ended December 31, 2020 filed on SEDAR and on EDGAR.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release constitute ‘forward looking
statements’, including statements====can be upgraded to mineral
reserves through continued exploration and positive economic
assessment.
Information Concerning Estimates Of Mineral Reserves And Measured, Indicated And Inferred Resources
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884, E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884, E-mail: mutting@kl.gold
CMJ Reimagine Mining event hears from Kirkland Lake CEO Tony Makuch on
Agnico merger, electrification
Amanda Stutt | October 13, 2021 | 12:17 pm News Canada Gold
Tony Makuch. Credit: Kirkland Lake Gold
Canadian Mining Journal held its first Reimagine Mining Suppliers Symposium on Wednesday in partnership with Costmine, welcoming president and CEO of Kirkland Lake Gold (TSX: KLG), Tony Makuch, as its keynote speaker.
Kirkland Lake is in the midst of one of the Canadian gold sector’s most important mergers in recent memory with Agnico Eagle Mines (TSX: AEM), with Makuch, soon to be CEO of the new Agnico Eagle.
SIGN UP FOR THE PRECIOUS METALS DIGEST
As part of session moderated by Henry Lazenby, multimedia content producer with CMJ’s sister publication, The Northern Miner, Makuch fielded questions from the audience, including those about why Agnico Eagle did not offer a sizeable premium on the Kirkland Lake share price.
“Kirkland Lake Gold has a track record of growing itself as a company,” he said. “In making a premium deal, you have to see new value that can be created. If we insisted on a premium, it’s the same as me saying to shareholders we haven’t created the value we could have for you.”
The mega-merger was announced on Sept. 28 – a deal that will create a high quality, senior producer with 48 million oz. of gold in reserves. The boards of both companies have approved the arrangement, and current Agnico CEO Sean Boyd will become chair of the board.
The deal carries $2 billion worth of savings through synergy. But where will they come from?
According to Makuch, savings can be found by sharing exploration knowledge, technology, processing opportunities, infrastructure, and the support of local communities and regulators both Agnico Eagle and Kirkland Lake have.
If Kirkland Lake embarks on a project that might take it three or four years, such as creating a smart mine, Makuch said they would look to an Agnico mine where it has already been done, and the implementation timeline would be shortened.
“Unlocking technology will play a big part in reducing costs,” Makuch said. “We rely on exploration technology to drive value in our industry. . . If we can find an ounce of gold for $5 or $10, then upgrade the resources for $150 an ounce, you have created value.”
Likewise, technology and R&D will play a big part in unlocking synergy.
The merger is worth an estimated $13.5 billion as Kirkland Lake shareholders will receive 0.7935 of an Agnico Eagle common share for each of their shares.
Kirkland Lake’s strengths are the Macassa and Detour Lake gold mines in Ontario and the Fosterville gold mine in Victoria, Australia. Agnico Eagle has built its strength on the Meadowbank, Canadian Malartic, Goldex, Hope Bay, LaRonde, and Meadowbank gold mines in Canada. The company also has gold mines in Mexico (Pinos Altos and La India), and Finland (Kittila). Both companies have pipeline projects that create a synergy for the future.
Aggressive exploration to continue
“The new Agnico Eagle is always going to be an aggressive explorer, and we have the capital resources to do that,” he added.
Makuch also sees advantages to electrifying underground beyond savings on ventilation, based on experience implementing battery electric equipment at Kirkland Lake’s operations in Ontario.
“Such trucks are already fitted with computers. (That’s) how we can create a smart or autonomous piece of equipment. Then you can connect them all and create a smart mine,” he said.
The merged Agnico-Kirkland Lake will maintain the goal of net-zero carbon emissions by 2050 or before.
“We can get to net zero if we close all our mines,” Makuch said, “but we want to operate our mines.” That means improving processes, going electric, adopting smart technologies, and always seek sustainability.
“The big challenge is people. Innovations and change need trained people and people with new skills,” he said. He wants the new company to get away from underground diesel engines and the exposure of people to diesel exhaust fumes.
He said that to create a sustainable business, part is technology, and part is how people and the environment are treated, how processes are improved, how business support can be more efficient – at the same time keep costs at the low end of the industry.
“Over the next few years, there are going to be exciting times,” Makuch promised.
A load of ideas for the future
Besides keynote speaker Tony Makuch, the morning keynote at CMJ Reimagine Mining Symposium was given by George Hemingway, managing partner and head of innovation practice at Stratalis. He spoke on how to harness trends to get mining’s message to the public.
There were future-focused panels on the pathway to decarbonization in mining; how to get the public to view mining positively sponsored by SRK; as well one on capturing data beyond line of site sponsored by Emesent. Also looking to the future, speaker Brad Terhune of Costmine offered pointers for estimating project costs, and Don Duval of Norcat outlined how mining companies are speeding up their adoption of technology.
CMJ thanks all its sponsors including Sandvik (global), Eaton (silver), Eaton (silver), BBA (bronze) and KalTire (bronze) and corporate presenter Exyn Technologies.
Links to recordings of the symposium will be available on the CMJ website next week, and coverage of the event will be included in our December issue.
Market Analysis » Just 72 Hours from Anarchy – Bill Holter
Just 72 Hours from Anarchy – Bill Holter
By Greg Hunter On October 12, 2021 In Market Analysis 4 Comments
By Greg Hunter’s USAWatchdog.com
https://usawatchdog.com/just-72-hours-from-anarchy-bill-holter/
bigone Note; The Beginning Of The End" | Alasdair MacLeod
1,441 views Premiered 69 minutes ago
Liberty and Finance
61.5K subscribers
Sil Note; CMJ Reimagine Mining event hears from Kirkland Lake CEO Tony Makuch on
Agnico merger, electrification
Amanda Stutt | October 13, 2021 | 12:17 pm News Canada Gold
Tony Makuch. Credit: Kirkland Lake Gold
Canadian Mining Journal held its first Reimagine Mining Suppliers Symposium on Wednesday in partnership with Costmine, welcoming president and CEO of Kirkland Lake Gold (TSX: KLG), Tony Makuch, as its keynote speaker.
Kirkland Lake is in the midst of one of the Canadian gold sector’s most important mergers in recent memory with Agnico Eagle Mines (TSX: AEM), with Makuch, soon to be CEO of the new Agnico Eagle.
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As part of session moderated by Henry Lazenby, multimedia content producer with CMJ’s sister publication, The Northern Miner, Makuch fielded questions from the audience, including those about why Agnico Eagle did not offer a sizeable premium on the Kirkland Lake share price.
“Kirkland Lake Gold has a track record of growing itself as a company,” he said. “In making a premium deal, you have to see new value that can be created. If we insisted on a premium, it’s the same as me saying to shareholders we haven’t created the value we could have for you.”
The mega-merger was announced on Sept. 28 – a deal that will create a high quality, senior producer with 48 million oz. of gold in reserves. The boards of both companies have approved the arrangement, and current Agnico CEO Sean Boyd will become chair of the board.
The deal carries $2 billion worth of savings through synergy. But where will they come from?
According to Makuch, savings can be found by sharing exploration knowledge, technology, processing opportunities, infrastructure, and the support of local communities and regulators both Agnico Eagle and Kirkland Lake have.
If Kirkland Lake embarks on a project that might take it three or four years, such as creating a smart mine, Makuch said they would look to an Agnico mine where it has already been done, and the implementation timeline would be shortened.
“Unlocking technology will play a big part in reducing costs,” Makuch said. “We rely on exploration technology to drive value in our industry. . . If we can find an ounce of gold for $5 or $10, then upgrade the resources for $150 an ounce, you have created value.”
Likewise, technology and R&D will play a big part in unlocking synergy.
The merger is worth an estimated $13.5 billion as Kirkland Lake shareholders will receive 0.7935 of an Agnico Eagle common share for each of their shares.
Kirkland Lake’s strengths are the Macassa and Detour Lake gold mines in Ontario and the Fosterville gold mine in Victoria, Australia. Agnico Eagle has built its strength on the Meadowbank, Canadian Malartic, Goldex, Hope Bay, LaRonde, and Meadowbank gold mines in Canada. The company also has gold mines in Mexico (Pinos Altos and La India), and Finland (Kittila). Both companies have pipeline projects that create a synergy for the future.
Aggressive exploration to continue
“The new Agnico Eagle is always going to be an aggressive explorer, and we have the capital resources to do that,” he added.
Makuch also sees advantages to electrifying underground beyond savings on ventilation, based on experience implementing battery electric equipment at Kirkland Lake’s operations in Ontario.
“Such trucks are already fitted with computers. (That’s) how we can create a smart or autonomous piece of equipment. Then you can connect them all and create a smart mine,” he said.
The merged Agnico-Kirkland Lake will maintain the goal of net-zero carbon emissions by 2050 or before.
“We can get to net zero if we close all our mines,” Makuch said, “but we want to operate our mines.” That means improving processes, going electric, adopting smart technologies, and always seek sustainability.
“The big challenge is people. Innovations and change need trained people and people with new skills,” he said. He wants the new company to get away from underground diesel engines and the exposure of people to diesel exhaust fumes.
He said that to create a sustainable business, part is technology, and part is how people and the environment are treated, how processes are improved, how business support can be more efficient – at the same time keep costs at the low end of the industry.
“Over the next few years, there are going to be exciting times,” Makuch promised.
A load of ideas for the future
Besides keynote speaker Tony Makuch, the morning keynote at CMJ Reimagine Mining Symposium was given by George Hemingway, managing partner and head of innovation practice at Stratalis. He spoke on how to harness trends to get mining’s message to the public.
There were future-focused panels on the pathway to decarbonization in mining; how to get the public to view mining positively sponsored by SRK; as well one on capturing data beyond line of site sponsored by Emesent. Also looking to the future, speaker Brad Terhune of Costmine offered pointers for estimating project costs, and Don Duval of Norcat outlined how mining companies are speeding up their adoption of technology.
CMJ thanks all its sponsors including Sandvik (global), Eaton (silver), Eaton (silver), BBA (bronze) and KalTire (bronze) and corporate presenter Exyn Technologies.
Links to recordings of the symposium will be available on the CMJ website next week, and coverage of the event will be included in our December issue.
Market Analysis » Just 72 Hours from Anarchy – Bill Holter
Just 72 Hours from Anarchy – Bill Holter
By Greg Hunter On October 12, 2021 In Market Analysis 4 Comments
By Greg Hunter’s USAWatchdog.com
https://usawatchdog.com/just-72-hours-from-anarchy-bill-holter/
bigone Note; The Beginning Of The End" | Alasdair MacLeod
1,441 views Premiered 69 minutes ago
Liberty and Finance
61.5K subscribers
Agnico Eagle Q2 2021 Update
364 viewsJul 28, 2021
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166120501
$Tony Makuch, President and CEO of Kirkland Lake Gold, stated, “We are
very pleased and excited to be entering into a combination with
Agnico Eagle.
It is a unique ‘strength-on-strength’ transaction that combines the two
global gold producers with the best track records for increasing per
share value.
The deal creates an industry leader with a dominant position in the
Canadian market that is deserving of a premium valuation and is poised
to generate superior long-term shareholder value going forward.
The transaction represents a true merger of equals, with the business of
both companies to benefit from the significant financial strength of
the merged company, the extensive pipeline of development and
exploration projects to drive future growth, and the potential to
realize significant operational and strategic synergies along the
Abitibi-Kirkland Lake corridor.
It is the right deal for our company and its shareholders, our people,
the communities where we operate, and all of our key stakeholder
groups.”
Strategic Rationale for the Merger
Key strategic, financial and operational advantages of the combined
business include:
Creates the Highest Quality Senior Gold Producer –
The Merger will create the industry’s highest-quality and
lowest-risk senior gold producer.
With expected production of approximately 3.4 million ounces in 2021
at the lowest all-in sustaining costs per ounce amongst the senior gold
producers, the Company remains focused in low-risk jurisdictions and
regions with high geological potential.
Maintains a Proven and Trusted Senior Leadership Team and Board with a
Strong Track Record of Creating Value Per Share –
The combined leadership team will maintain the consistent and proven
strategy of growing both production and profitability per share.
Extends Industry Leadership in ESG and Enhances the Capacity to Make
Longer Term ESG Focused Investments –
The combined entity will be a leader in energy performance and
GHG emissions intensity, with a commitment to be Net Zero by 2050 or
earlier.
Enhances Position in one of the Most Prolific and Prospective Gold
Regions in the World– The Merger solidifies the new Agnico Eagle as
Canada’s leading gold producer, with expected annual production in
the country of approximately 2.5 million ounces in 2021
(on a pro forma basis).
The combined portfolio will be anchored by high-quality gold production
in Ontario, Quebec and Nunavut in Canada, as well as at
Fosterville in Victoria, Australia, Kittila in the Lapland region of
Northern Finland and Pinos Altos and La India in Northern Mexico.
Drives Fundamental Value Creation from Significant Unique Synergies
Estimated at $0.8B over 5 Years and $2B over 10 Years (Pre-Tax) –
The Merger provides a unique opportunity to unlock significant
operational and strategic synergies along
the Abitibi-Kirkland Lake corridor and to leverage sector-leading
technical expertise to surface additional value across the portfolio.
Highlights Track Record of Growing Mineral Reserves and Mineral
Resources –
The Merger combines the only two major gold companies to have grown
mineral reserves and production per share over the last 10 years
through consistent investment in exploration and value-added
acquisitions, with total mineral reserves increasing by 127% from
2011 to 48 million ounces at December 31, 2020 (on a pro forma basis).
Enhances and Adds Flexibility to an Attractive Minesite and Project
Pipeline –
The Merger combines a robust pipeline of growth projects and exploration opportunities.
These projects are located in existing mining camps and will drive
manageable, low-risk, high-return production growth over the next
decade.
Provides the Financial Strength to Increase Capital Distributions to
Shareholders While Investing in Growth Projects –
The Merger significantly enhances the financial flexibility to fund both
the robust pipeline of growth projects and to build on a proven track
record of growing sustainable capital returns to shareholders while
maintaining a strong balance sheet.
In combination, Agnico Eagle and Kirkland Lake Gold have collectively
returned $1.6 billion to shareholders through dividends and share
repurchases since the beginning of 2020 and expects to further increase
returns to shareholders in the future.
Board of Directors’ Recommendations
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166118653
$Agnico Eagle and Kirkland Lake Gold Merger of Equals Conference Call
September 28, 2021 08:00 AM EST
Speaker(s):
Sean Boyd, Executive Chair
Participant Toll Free Dial-In Number: (888) 664-6392
Participant International Dial-In Number: (416) 764-8659
Replay Dial-in Number: (855) 390-0541
Access code: 180326
Webcast
https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/event-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Merger-of-Equals-Conference-Call/default.aspx
$Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals To Create
Highest-Quality Senior Gold Producer
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) --
$Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or the
“Company”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA)
(“Kirkland Lake Gold”) announced today that they have entered into an
agreement (the “Merger Agreement”) to combine in a merger of equals
(the “Merger”), with the combined company to continue under the name
“Agnico Eagle Mines Limited”.
The Merger will establish the new Agnico Eagle as the gold
industry’s highest-quality senior producer, with the lowest unit costs,
highest margins, most favourable risk profile and industry-leading best
practices in key areas of environmental, social and governance (“ESG”).
Upon closing of the Merger, the Company is expected to have $2.3 billion
of available liquidity, a mineral reserve base of 48 million ounces of
gold (969 million tonnes at 1.53 grams per tonne), which has doubled
over the last 10 years, and an extensive pipeline of development and
exploration projects to drive sustainable, low-risk growth.
The Merger will create a best-in-class gold mining company operating in
one of the world’s leading gold regions, the Abitibi-Greenstone Belt
of northeastern Ontario and northwestern Quebec (the “Abitibi”), with
superior financial and operating metrics.
Consolidation within the Abitibi will also provide the new Agnico Eagle
with significant value creation opportunities through synergies and
other business improvement initiatives.
Additionally, the Company is established uniquely as the only gold
producer in Nunavut and well positioned internationally with profitable
and prospective assets in Australia, Finland, and Mexico.
https://www.kl.gold/news-and-media/press-release-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Announce-Merger-of-Equals-To-Create-Highest-Quality-Senior-Gold-Producer/default.aspx
The annual end-of-year gold buying season in Asia is off to a solid start,
according to Sharps Pixley’s Lawrie Williams.
Swiss exports to India last month, he says in a report posted yesterday,
were up 250% over August 2020 while exports to China doubled.
Though China’s demand appears somewhat restrained, the surge from very
low pandemic numbers last August reflects something of a return to
normality.
The two countries together, he says, are likely to consume 60% to 70%
of the world’s mine production in 2021.
“Altogether Asian and Middle Eastern nations,” he adds, “received 98.4
tonnes, or 83.5% of Swiss gold exports in August serving to emphasize
the overall demand destinations of gold bullion from Western nations
to Eastern ones where it is mostly held in stronger hands and thus less
prone to being put back into the global gold supply mix.”
Swiss refiners are the chief source of physical gold bullion
going to Asia.
$Kirkland Lake Gold Declares Quarterly Dividend Payment
TORONTO, Sept. 16, 2021 (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
for the third quarter of 2021 (“Q3 2021”) of US$0.1875 per common share
will be paid on October 13, 2021 to shareholders of record as of the
close of business on September 29, 2021.
The Q3 2021 payment represents the 18th 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
October 13, 2021, the day prior to the payment date.
$About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a senior gold producer operating in Canada
and Australia that is targeting 1,300,000 – 1,400,000 ounces of
production in 2021.
The production profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
located in Northern Ontario, and the Fosterville Mine located in the
state of Victoria, Australia.
Kirkland Lake Gold’s solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management expertise.
For further information on Kirkland Lake Gold and to receive news
releases by email, visit the website at
http://www.kl.gold.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone:
+1 416-840-7884
E-mail: mutting@kl.gold
Website : http://www.kl.gold.com
Fed tightening: It’ll come, and it’ll be a 'crisis', $1,800 gold is 'good
price' - Adrian Day
77,226 views Jul 26, 2021
1.9
Kitco NEWS
$Key Reasons to Invest in Agnico Eagle
1. Long Term Focus on per Share Value Creation
https://www.agnicoeagle.com/English/investor-relations/why-invest/default.aspx
$Agnico Eagle is a senior Canadian gold mining company that has produced
precious metals since 1957. Its mines are located in Canada, Finland
and Mexico, with exploration activities in each of these countries as
well as in the United States and Sweden.
The Company and its shareholders have full exposure to gold prices due
to its long-standing policy of no forward gold sales.
Agnico Eagle has declared a cash dividend every year since 1983.
https://produceredition.webcasts.com/starthere.jsp?ei=1501229&tp_key=0b39fddd59
$Agnico Eagle and Kirkland Lake Gold Merger of Equals Conference Call
September 28, 2021 08:00 AM EST
Speaker(s):
Sean Boyd, Executive Chair
Participant Toll Free Dial-In Number: (888) 664-6392
Participant International Dial-In Number: (416) 764-8659
Replay Dial-in Number: (855) 390-0541
Access code: 180326
Webcast
https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/event-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Merger-of-Equals-Conference-Call/default.aspx
$Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals To Create
Highest-Quality Senior Gold Producer
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) --
$Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or the
“Company”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA)
(“Kirkland Lake Gold”) announced today that they have entered into an
agreement (the “Merger Agreement”) to combine in a merger of equals
(the “Merger”), with the combined company to continue under the name
“Agnico Eagle Mines Limited”.
The Merger will establish the new Agnico Eagle as the gold
industry’s highest-quality senior producer, with the lowest unit costs,
highest margins, most favourable risk profile and industry-leading best
practices in key areas of environmental, social and governance (“ESG”).
Upon closing of the Merger, the Company is expected to have $2.3 billion
of available liquidity, a mineral reserve base of 48 million ounces of
gold (969 million tonnes at 1.53 grams per tonne), which has doubled
over the last 10 years, and an extensive pipeline of development and
exploration projects to drive sustainable, low-risk growth.
The Merger will create a best-in-class gold mining company operating in
one of the world’s leading gold regions, the Abitibi-Greenstone Belt
of northeastern Ontario and northwestern Quebec (the “Abitibi”), with
superior financial and operating metrics.
Consolidation within the Abitibi will also provide the new Agnico Eagle
with significant value creation opportunities through synergies and
other business improvement initiatives.
Additionally, the Company is established uniquely as the only gold
producer in Nunavut and well positioned internationally with profitable
and prospective assets in Australia, Finland, and Mexico.
https://www.kl.gold/news-and-media/press-release-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Announce-Merger-of-Equals-To-Create-Highest-Quality-Senior-Gold-Producer/default.aspx
The annual end-of-year gold buying season in Asia is off to a solid start,
according to Sharps Pixley’s Lawrie Williams.
Swiss exports to India last month, he says in a report posted yesterday,
were up 250% over August 2020 while exports to China doubled.
Though China’s demand appears somewhat restrained, the surge from very
low pandemic numbers last August reflects something of a return to
normality.
The two countries together, he says, are likely to consume 60% to 70%
of the world’s mine production in 2021.
“Altogether Asian and Middle Eastern nations,” he adds, “received 98.4
tonnes, or 83.5% of Swiss gold exports in August serving to emphasize
the overall demand destinations of gold bullion from Western nations
to Eastern ones where it is mostly held in stronger hands and thus less
prone to being put back into the global gold supply mix.”
Swiss refiners are the chief source of physical gold bullion
going to Asia.
$Kirkland Lake Gold Declares Quarterly Dividend Payment
TORONTO, Sept. 16, 2021 (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
for the third quarter of 2021 (“Q3 2021”) of US$0.1875 per common share
will be paid on October 13, 2021 to shareholders of record as of the
close of business on September 29, 2021.
The Q3 2021 payment represents the 18th 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
October 13, 2021, the day prior to the payment date.
$About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a senior gold producer operating in Canada
and Australia that is targeting 1,300,000 – 1,400,000 ounces of
production in 2021.
The production profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
located in Northern Ontario, and the Fosterville Mine located in the
state of Victoria, Australia.
Kirkland Lake Gold’s solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management expertise.
For further information on Kirkland Lake Gold and to receive news
releases by email, visit the website at
http://www.kl.gold.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone:
+1 416-840-7884
E-mail: mutting@kl.gold
Website : http://www.kl.gold.com
Fed tightening: It’ll come, and it’ll be a 'crisis', $1,800 gold is 'good
price' - Adrian Day
77,226 views Jul 26, 2021
1.9
Kitco NEWS
$Agnico Eagle is a senior Canadian gold mining company that has produced
precious metals since 1957. Its mines are located in Canada, Finland
and Mexico, with exploration activities in each of these countries as
well as in the United States and Sweden.
The Company and its shareholders have full exposure to gold prices due
to its long-standing policy of no forward gold sales.
Agnico Eagle has declared a cash dividend every year since 1983.
https://produceredition.webcasts.com/starthere.jsp?ei=1501229&tp_key=0b39fddd59
$Agnico Eagle and Kirkland Lake Gold Merger of Equals Conference Call
September 28, 2021 08:00 AM EST
Speaker(s):
Sean Boyd, Executive Chair
Participant Toll Free Dial-In Number: (888) 664-6392
Participant International Dial-In Number: (416) 764-8659
Replay Dial-in Number: (855) 390-0541
Access code: 180326
Webcast
https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/event-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Merger-of-Equals-Conference-Call/default.aspx
$Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals To Create
Highest-Quality Senior Gold Producer
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) --
$Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or the
“Company”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA)
(“Kirkland Lake Gold”) announced today that they have entered into an
agreement (the “Merger Agreement”) to combine in a merger of equals
(the “Merger”), with the combined company to continue under the name
“Agnico Eagle Mines Limited”.
The Merger will establish the new Agnico Eagle as the gold
industry’s highest-quality senior producer, with the lowest unit costs,
highest margins, most favourable risk profile and industry-leading best
practices in key areas of environmental, social and governance (“ESG”).
Upon closing of the Merger, the Company is expected to have $2.3 billion
of available liquidity, a mineral reserve base of 48 million ounces of
gold (969 million tonnes at 1.53 grams per tonne), which has doubled
over the last 10 years, and an extensive pipeline of development and
exploration projects to drive sustainable, low-risk growth.
The Merger will create a best-in-class gold mining company operating in
one of the world’s leading gold regions, the Abitibi-Greenstone Belt
of northeastern Ontario and northwestern Quebec (the “Abitibi”), with
superior financial and operating metrics.
Consolidation within the Abitibi will also provide the new Agnico Eagle
with significant value creation opportunities through synergies and
other business improvement initiatives.
Additionally, the Company is established uniquely as the only gold
producer in Nunavut and well positioned internationally with profitable
and prospective assets in Australia, Finland, and Mexico.
https://www.kl.gold/news-and-media/press-release-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Announce-Merger-of-Equals-To-Create-Highest-Quality-Senior-Gold-Producer/default.aspx
The annual end-of-year gold buying season in Asia is off to a solid start,
according to Sharps Pixley’s Lawrie Williams.
Swiss exports to India last month, he says in a report posted yesterday,
were up 250% over August 2020 while exports to China doubled.
Though China’s demand appears somewhat restrained, the surge from very
low pandemic numbers last August reflects something of a return to
normality.
The two countries together, he says, are likely to consume 60% to 70%
of the world’s mine production in 2021.
“Altogether Asian and Middle Eastern nations,” he adds, “received 98.4
tonnes, or 83.5% of Swiss gold exports in August serving to emphasize
the overall demand destinations of gold bullion from Western nations
to Eastern ones where it is mostly held in stronger hands and thus less
prone to being put back into the global gold supply mix.”
Swiss refiners are the chief source of physical gold bullion
going to Asia.
$Kirkland Lake Gold Declares Quarterly Dividend Payment
TORONTO, Sept. 16, 2021 (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
for the third quarter of 2021 (“Q3 2021”) of US$0.1875 per common share
will be paid on October 13, 2021 to shareholders of record as of the
close of business on September 29, 2021.
The Q3 2021 payment represents the 18th 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
October 13, 2021, the day prior to the payment date.
$About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a senior gold producer operating in Canada
and Australia that is targeting 1,300,000 – 1,400,000 ounces of
production in 2021.
The production profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
located in Northern Ontario, and the Fosterville Mine located in the
state of Victoria, Australia.
Kirkland Lake Gold’s solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management expertise.
For further information on Kirkland Lake Gold and to receive news
releases by email, visit the website at
http://www.kl.gold.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone:
+1 416-840-7884
E-mail: mutting@kl.gold
Website : http://www.kl.gold.com
Fed tightening: It’ll come, and it’ll be a 'crisis', $1,800 gold is 'good
price' - Adrian Day
77,226 views Jul 26, 2021
1.9
Kitco NEWS
$Agnico Eagle and Kirkland Lake Gold Merger of Equals Conference Call
September 28, 2021 08:00 AM EST
Speaker(s):
Sean Boyd, Executive Chair
Participant Toll Free Dial-In Number: (888) 664-6392
Participant International Dial-In Number: (416) 764-8659
Replay Dial-in Number: (855) 390-0541
Access code: 180326
Webcast
https://www.agnicoeagle.com/English/investor-relations/news-and-events/events-and-webcasts/event-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Merger-of-Equals-Conference-Call/default.aspx
$Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals To Create
Highest-Quality Senior Gold Producer
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) --
$Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or the
“Company”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA)
(“Kirkland Lake Gold”) announced today that they have entered into an
agreement (the “Merger Agreement”) to combine in a merger of equals
(the “Merger”), with the combined company to continue under the name
“Agnico Eagle Mines Limited”.
The Merger will establish the new Agnico Eagle as the gold
industry’s highest-quality senior producer, with the lowest unit costs,
highest margins, most favourable risk profile and industry-leading best
practices in key areas of environmental, social and governance (“ESG”).
Upon closing of the Merger, the Company is expected to have $2.3 billion
of available liquidity, a mineral reserve base of 48 million ounces of
gold (969 million tonnes at 1.53 grams per tonne), which has doubled
over the last 10 years, and an extensive pipeline of development and
exploration projects to drive sustainable, low-risk growth.
The Merger will create a best-in-class gold mining company operating in
one of the world’s leading gold regions, the Abitibi-Greenstone Belt
of northeastern Ontario and northwestern Quebec (the “Abitibi”), with
superior financial and operating metrics.
Consolidation within the Abitibi will also provide the new Agnico Eagle
with significant value creation opportunities through synergies and
other business improvement initiatives.
Additionally, the Company is established uniquely as the only gold
producer in Nunavut and well positioned internationally with profitable
and prospective assets in Australia, Finland, and Mexico.
https://www.kl.gold/news-and-media/press-release-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Announce-Merger-of-Equals-To-Create-Highest-Quality-Senior-Gold-Producer/default.aspx
The annual end-of-year gold buying season in Asia is off to a solid start,
according to Sharps Pixley’s Lawrie Williams.
Swiss exports to India last month, he says in a report posted yesterday,
were up 250% over August 2020 while exports to China doubled.
Though China’s demand appears somewhat restrained, the surge from very
low pandemic numbers last August reflects something of a return to
normality.
The two countries together, he says, are likely to consume 60% to 70%
of the world’s mine production in 2021.
“Altogether Asian and Middle Eastern nations,” he adds, “received 98.4
tonnes, or 83.5% of Swiss gold exports in August serving to emphasize
the overall demand destinations of gold bullion from Western nations
to Eastern ones where it is mostly held in stronger hands and thus less
prone to being put back into the global gold supply mix.”
Swiss refiners are the chief source of physical gold bullion
going to Asia.
$Kirkland Lake Gold Declares Quarterly Dividend Payment
TORONTO, Sept. 16, 2021 (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
for the third quarter of 2021 (“Q3 2021”) of US$0.1875 per common share
will be paid on October 13, 2021 to shareholders of record as of the
close of business on September 29, 2021.
The Q3 2021 payment represents the 18th 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
October 13, 2021, the day prior to the payment date.
$About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a senior gold producer operating in Canada
and Australia that is targeting 1,300,000 – 1,400,000 ounces of
production in 2021.
The production profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
located in Northern Ontario, and the Fosterville Mine located in the
state of Victoria, Australia.
Kirkland Lake Gold’s solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management expertise.
For further information on Kirkland Lake Gold and to receive news
releases by email, visit the website at
http://www.kl.gold.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone:
+1 416-840-7884
E-mail: mutting@kl.gold
Website : http://www.kl.gold.com
Fed tightening: It’ll come, and it’ll be a 'crisis', $1,800 gold is 'good
price' - Adrian Day
77,226 views Jul 26, 2021
1.9
Kitco NEWS
$Agnico Eagle and Kirkland Lake Gold Announce Merger of Equals To Create
Highest-Quality Senior Gold Producer
(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) --
$Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico Eagle” or the
“Company”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA)
(“Kirkland Lake Gold”) announced today that they have entered into an
agreement (the “Merger Agreement”) to combine in a merger of equals
(the “Merger”), with the combined company to continue under the name
“Agnico Eagle Mines Limited”.
The Merger will establish the new Agnico Eagle as the gold
industry’s highest-quality senior producer, with the lowest unit costs,
highest margins, most favourable risk profile and industry-leading best
practices in key areas of environmental, social and governance (“ESG”).
Upon closing of the Merger, the Company is expected to have $2.3 billion
of available liquidity, a mineral reserve base of 48 million ounces of
gold (969 million tonnes at 1.53 grams per tonne), which has doubled
over the last 10 years, and an extensive pipeline of development and
exploration projects to drive sustainable, low-risk growth.
The Merger will create a best-in-class gold mining company operating in
one of the world’s leading gold regions, the Abitibi-Greenstone Belt
of northeastern Ontario and northwestern Quebec (the “Abitibi”), with
superior financial and operating metrics.
Consolidation within the Abitibi will also provide the new Agnico Eagle
with significant value creation opportunities through synergies and
other business improvement initiatives.
Additionally, the Company is established uniquely as the only gold
producer in Nunavut and well positioned internationally with profitable
and prospective assets in Australia, Finland, and Mexico.
https://www.kl.gold/news-and-media/press-release-details/2021/Agnico-Eagle-and-Kirkland-Lake-Gold-Announce-Merger-of-Equals-To-Create-Highest-Quality-Senior-Gold-Producer/default.aspx
The annual end-of-year gold buying season in Asia is off to a solid start,
according to Sharps Pixley’s Lawrie Williams.
Swiss exports to India last month, he says in a report posted yesterday,
were up 250% over August 2020 while exports to China doubled.
Though China’s demand appears somewhat restrained, the surge from very
low pandemic numbers last August reflects something of a return to
normality.
The two countries together, he says, are likely to consume 60% to 70%
of the world’s mine production in 2021.
“Altogether Asian and Middle Eastern nations,” he adds, “received 98.4
tonnes, or 83.5% of Swiss gold exports in August serving to emphasize
the overall demand destinations of gold bullion from Western nations
to Eastern ones where it is mostly held in stronger hands and thus less
prone to being put back into the global gold supply mix.”
Swiss refiners are the chief source of physical gold bullion
going to Asia.
$Kirkland Lake Gold Declares Quarterly Dividend Payment
TORONTO, Sept. 16, 2021 (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
for the third quarter of 2021 (“Q3 2021”) of US$0.1875 per common share
will be paid on October 13, 2021 to shareholders of record as of the
close of business on September 29, 2021.
The Q3 2021 payment represents the 18th 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
October 13, 2021, the day prior to the payment date.
$About Kirkland Lake Gold Ltd.
Kirkland Lake Gold Ltd. is a senior gold producer operating in Canada
and Australia that is targeting 1,300,000 – 1,400,000 ounces of
production in 2021.
The production profile of the Company is anchored by three high-quality
operations, including the Macassa Mine and Detour Lake Mine, both
located in Northern Ontario, and the Fosterville Mine located in the
state of Victoria, Australia.
Kirkland Lake Gold’s solid base of quality assets is complemented by
district scale exploration potential, supported by a strong financial
position with extensive management expertise.
For further information on Kirkland Lake Gold and to receive news
releases by email, visit the website at
http://www.kl.gold.com
FOR FURTHER INFORMATION, PLEASE CONTACT:
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884
E-mail: tmakuch@kl.gold
Mark Utting, Senior Vice President, Investor Relations Phone:
+1 416-840-7884
E-mail: mutting@kl.gold
Website : http://www.kl.gold.com
Fed tightening: It’ll come, and it’ll be a 'crisis', $1,800 gold is 'good
price' - Adrian Day
77,226 views Jul 26, 2021
1.9
Kitco NEWS
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