Kirkland Lake Gold (KL)

[NYBob]

Kirkland Lake Gold (TSX:KL) taken over St Andrew Goldfields Ltd.'s Gold Mines -



http://www.nafinance.com/zGetCompanyProfile.aspx?tradedSymbol=Sas&langCd=En


St. Andrew Goldfields will spend $25 million to the Holloway, Holt and Hislop gold mines -
Ex...
With cash in hand, people on the ground and confidence in the air,
St. Andrew Goldfields officials are more than optimistic that
three gold properties nearly 100 kilometres east of Timmins -

As another past producer, the Holt mine also hosts a
3,000-tonne-per-day mill, which will process the feed from
the Holloway and Hislop properties as they come online.

Other past producing mines in the area represent other exploration
potential for Perron, including the Taylor deposit 53 kilometres east
of Timmins, which contains 500,000 ounces of gold.
The Aquarius deposit, located 38 kilometres east of Timmins,
covers 5,341 hectares and contains 1.1 million ounces.

"We're very happy to be in northeastern Ontario, which is a safe and
solid mining jurisdiction," says Perron. "We think we have an excellent
exploration upside in the camp, and we definitely believe there's a lot
more gold to be found in this area."

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God Bless