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CUSIP Number | 49740 |
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Shares Outstanding | 70,150,912 |
Fully Diluted | 81,160,243 |
Kirkland Lake Gold’s corporate goal is to create a self sustaining and long lived intermediate Gold Mining Company based in the historic Kirkland Lake Gold Camp. The Company plans to do this by increasing production capacity to 2,200 tons of ore per day in several stages, and by decreasing production costs by realizing the economies of scale associated with that higher production capacity. At the same time, the company is committed to maintaining a significant exploration program aimed at developing and maintaining a property wide reserve and resource base sufficient to sustain a mine life of more than ten years for as long as practicable.
Kirkland Lake Gold Inc. is an operating and exploration gold company located in Kirkland Lake, ON in the Southern Abitibi gold belt. In 2001, the Company acquired 13,000 acres of five contiguous formerly producing gold mines, which had historically produced 21 million ounces of gold grading 15.1 grams per ton (0.44 ounces per ton) primarily from the Main/’04 Break system. The current focus is on expanding gold production from the Main/'04 Break, and a new discovery area, the South Mine Complex (SMC).
Resources as of Jan, 1 2013
John S. Thomson, a Chartered Accountant from Scotland who has also studied at INSEAD, has worked internationally in a variety of senior roles for companies including PepsiCo. Most recently, Mr. Thomson has built up a successful consulting business providing advice to institutional shareholders and management teams in the media, minerals and technology sectors. He is a non-Executive Director of Parragon Publishing Ltd., a successful international publisher with operations in Europe, India, the UK and USA.
Stewart Carmichael graduated from McMaster University in 1982 with a Bachelor of Science degree in geology. He possesses 27 years of exploration experience, primarily in gold in the Abitibi Greenstone Belt, with extensive related work in the Kirkland Lake area.
He joined Kirkland Lake Gold Inc. in April, 2002 as Chief Exploration Geologist. In 2006 he was the co-winner of the 2006 Ontario Prospectors Award in recognition of the discovery of the South Mine Complex at the Macassa Mine in Kirkland Lake.
He is a past Fellow of the Geological Association of Canada and a current member of the Association of Professional Geoscientists of Ontario. Mr. Carmichael is a “qualified person” for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects, of the Canadian Securities Administrators, with regard to exploration.
Ray Belecque started working at the Macassa mine in 1970. He started as a miner and subsequently went into milling as an operator and was promoted to General Mill Foreman with Lac Minerals. Again promoted to Mill Superintendent and then to Operations Superintendent with Kinross. Subsequently Ray transferred from Kinross to Foxpoint Resources and to the present Kirkland Lake Gold in January, 2001 as General Manager.
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