LATEST NEWS

  • Dundee Precious Metals Announces 2015 Fourth Quarter and Annual Results and 2016 Guidance

    TORONTO, ONTARIO--(Marketwired - Feb. 9, 2016) - All monetary figures are expressed in U.S. dollars unless otherwise stated) Dundee Precious Metals Inc. (TSX:DPM) - Financial and Operating Highlights: Metals production - Achieved annual record gold production including pyrites of 194,575 ounces; and copper production Read More

  • Declan Announces Receipt of Conditional Approval for Listing on the Canadian Securities Exchange

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 9, 2016) - Declan Resources Inc. ("Declan" or the "Company") (TSX VENTURE:LAN) announces that it has made an application to the TSX Venture Exchange ("TSXV") to voluntarily delist its common shares (the "Common Shares") from the TSXV Read More

  • Gold Reach Resources Announces Positive Preliminary Economic Assessment for Ootsa Project

    VANCOUVER, Feb. 9, 2016 /CNW/ - Gold Reach Resources (TSX-V; GRV) ("Gold Reach" or the "Company") is pleased to announce the summary results of an independent Preliminary Economic Assessment ("PEA") on the Company's 100% owned copper-gold-molybdenum Ootsa Project ("Ootsa Project") in Read More

  • Ur-Energy Issues Amended Preliminary Economic Assessment for Lost Creek Property

    LITTLETON, Colo., Feb. 9, 2016 /CNW/ -- Ur-Energy Inc. (NYSE MKT: URG) (TSX: URE)(the "Company" or "Ur-Energy") announces that it has amended the Preliminary Economic Assessment of the Lost Creek Property, Sweetwater County, Wyoming (as originally filed on January 19, 2016, Read More

  • Centerra Gold 2015 Year-End Reserve and Resource Update

    TORONTO, ON--(Marketwired - February 09, 2016) - Centerra Gold Inc. (TSX: CG) today issued its 2015 year-end estimates for reserves and resources. The Company has used a gold price of $1,200 per ounce as the basis for its reserve estimates. Highlights: Centerra's Read More

  • Richmont Increases Mineral Reserves by 187% and Island Gold Mine Increases Mineral Reserves by 206%, With a 29% Increase in Reserve Grade

    TORONTO, Feb. 9, 2016 /CNW/ - Richmont Mines Inc. (TSX - NYSE MKT: RIC) ("Richmont" or the "Corporation"), announces updated Mineral Reserves and Resources as of December 31, 2015, including a 206% increase in Mineral Reserves at the cornerstone Island Gold Mine Read More

  • Excelsior Releases Updated Prefeasibility Study; Post-Tax NPV of $829 Million and Initial Capital Costs Reduced by 84% to $45.9 Million

    VANCOUVER, BC--(Marketwired - February 09, 2016) - Excelsior Mining Corp. (TSX VENTURE: MIN) (FRANKFURT: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") is pleased to announce the results of a comprehensive Updated Prefeasibility Study ("Updated PFS") on the North Star Deposit of the Read More

  • Platinum Group Metals Reports Completed Hot Commissioning Test for the Maseve (WBJV Project 1) Platinum Mine

    VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwired - Feb. 9, 2016) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ("Platinum Group" or the "Company") reports the Maseve (formerly WBJV Project 1) Platinum Mine has successfully completed its 72 hour run test during Hot Read More

  • Denison Announces Intersection of High-Grade Uranium Mineralization Near the Gryphon Deposit

    TORONTO, ONTARIO--(Marketwired - Feb. 9, 2016) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE MKT:DNN) is pleased to announce the discovery of a new high-grade uranium intersection near the Gryphon deposit on Denison's 60% owned Wheeler River property in Northern Saskatchewan. Read More

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FEATURED JUNIOR

Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Stage:
Development
Operating Region: U.S./California
Profile: Golden Queen Mining is developing a gold-silver, open pit, heap leach operation on its fully-permitted 50%-owned Soledad Mountain property, located just outside the town of Mojave in Kern County in southern California. The Project will use the cyanide heap leach and Merrill-Crowe processes. Constructions is fully funded and well underway, with mine commissioning scheduled for early 2016... VIEW FULL PROFILE

TORONTO, ONTARIO--(Marketwired - May 19, 2015) - Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI) ("Kirkland Lake Gold" or the "Company"), an operating and exploration gold mining company, announces that it is changing its fiscal year-end to December 31st, from its current fiscal year-end of April 30th.

This change will better align the Company's financial reporting periods to that of other industry participants in the mineral resources sector and facilitate marketplace assessment of the Company's business performance.

The Company will report the audited results for its eight-month transitional fiscal year (May 1, 2015 - December 31, 2015) in March 2016. Thereafter, Kirkland Lake Gold will revert to a customary quarterly reporting calendar based on a December 31st financial year-end, with fiscal quarters ending on the last day in March, June, September and December each year.

The Company's next financial reporting events will be as follows:

  • Audited results for the 12 month period May 1, 2014, to April 30 2015, will be announced on Thursday July 9, 2015.
  • Unaudited results for the 3 month period May 1, 2015, to July 31 2015, will be announced in September 2015.
  • Unaudited results for the 3 and 6 month periods August 1, 2015 to October 31, 2015, and May 1, 2015 to October 31, 2015, respectively, will be announced in December 2015.
  • Audited results for the 8 month period of May 1, 2015 to December 31, 2015 and unaudited results for the 2 month period November 1, 2015, to December 31, 2015, will be announced in March 2016.

At the beginning of calendar 2016, the Company will provide revised guidance parameters for the new 2016 financial year which will run from January 1, 2016 to December 31, 2016.

About the Company

Kirkland Lake Gold Inc.'s corporate goal is to create a self-sustaining and long-lived intermediate gold mining company based in the historic Kirkland Lake gold camp, as well as to explore opportunities for growth in other safe mining jurisdictions. The Company plans to do this by mining to the reserve grade, generating profits and free cash flow with a view to maximising value for the shareholders. The Company will also look to take advantage of its increased infrastructure capacity in the appropriate gold price environment. 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.

Over the last several years the Company has invested significant capital to improve the infrastructure of the business including upgrading the production hoist, skips, mill, underground mobile equipment and capital development. From initial discovery to present day there have been over 24 million ounces of gold mined from the Kirkland Lake gold camp while the current reserve and resource provides for potentially 14 years of mining with significant exploration upside.

Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed or accepts responsibility for the adequacy or accuracy of this news release.

Kirkland Lake Gold Inc.
George Ogilvie, P.Eng
Chief Executive Officer
Phone: +1 709 532 5716
+1 705 568 6444 (FAX)
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Kirkland Lake Gold Inc.
Suzette N. Ramcharan, CPIR
Director of Investor Relations
Phone: +1 647-284-5315
+1 705 568 6444 (FAX)
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website- www.klgold.com

NOMAD: Panmure Gordon (UK) Limited
Dominic Morley / Adam James
Phone: +44 (0) 20 7886 2500

Blytheweigh
Tim Blythe/Halimah Hussain/Megan Ray
Phone: +44 (0) 20 7138 3204