Page 2 - Robbin Hill News Today

Fosterville record boosts Kirkland Lake’s production increase Latest News Kirkland Lake Gold has continued growing its cornerstone assets in Australia and Canada, boosting its gold production by 41 per cent in the 2020 financial year. The Fosterville gold mine in Victoria was a solid contributor, producing 640,467 ounces of the 1.3-million-ounce total for the financial year, in line with the company’s guidance of 1.3-1.4 million ounces. This result was a production record at the Victorian m...

Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “ Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced production results for the fourth quarter (“Q4 2020”) and full-year (“FY 2020”) of 2020. Q4 2020 production totaled 369,434 ounces, a 32% increase from the fourth quarter of 2019 (“Q4 2019”) and 9% higher than the previous quarter. All three of the Company’s cornerstone assets achieved their highest quarterly production levels of the year in Q4 2020. For FY 2020, t...

Detour Lake, Fosterville and Masacca recorded their best quarterly production for 2020.

Kirkland Lake Gold Positioned for Strong Operating and Financial Results in 2021, Company Provides Three-Year Production Guidance Kirkland Lake Gold Ltd. today announced the Company’s full-year guidance for 2021 1 including production of 1,300,000 1,400,000 ounces, driven by strong growth at Detour Lake Mine, with all-in sustaining costs per ounce sold 2 on track to remain unchanged from 2020 levels. Guidance for 2021 includes increased capital spending largely in support of future production...