Episode Details

Stefan Sklepowicz, CEO of Kirkland Lake Discoveries (TSXV: KLDC) (OTCQB: KLKLF), joins me for an exploration update on the first two holes from the regional testing around the Mirado deposit in KL South. MZ target holes KLM26-035 and KLM26-037 successfully intersected multiple broad intervals of gold mineralization and high-grade gold. Their district-scale exploration portfolio, spanning KL West, KL East, and KL South is located in the Kirkland Lake region of Ontario’s Abitibi Greenstone Belt; one of the most prolific mining districts in the world.

Mineralization and alteration of these holes are consistent with the Mirado South Zone and are interpreted to be contiguous with the historical deposit.  As such, the Company has renamed the MZ Zone to “Mirado West.” These holes are part of the ongoing summer 2026 drill program at KL South Project, 18 km south of Kirkland Lake, with 19 additional holes pending.

Highlights

• KLM26-037 – 1.22 g/t Au over 69.50 m from 33.00 m including 5.67 g/t Au over 12.00 m
• KLM26-035 – 0.35 g/t Au over 21.18 m from 19.50 m
  • and 0.65 g/t Au over 15.83 m from 65.20 m
  • and 0.34 g/t Au over 11.23 m from 95.50 m
  • and 36.72 g/t Au over 1.01 m from 174.50 m
  • and 0.89 g/t Au over 11.60 m from 222.40 m
• Mineralization and alteration are consistent with the Mirado deposit, extending mineralization more than 600 m west and bringing the lateral mineralized footprint to over 1,300 m.
• 19 holes pending results
  • Nine from Mirado North and South
  • Four from Mirado West
  • Six regional targets

Stefan outlined that intercepting broad, near-surface gold mineralization validates their regional targeting and significantly scales up the project, by extending the mineralized footprint to over 1,300 metres. This is demonstrating that Mirado is part of a much larger, contiguous gold system. With 19 holes still pending, including four more from this newly renamed Mirado West, the company is eagerly anticipating the rest of the summer program's results.

If you have any questions for Stefan about Kirkland Lake Discoveries then please email them into me at Shad@kereport.com.

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