67 67 Page 66 By Gregory Reynolds T ony Makuch president and CEO of Kirkland Lake Gold willl be speaking at the Canadian Mining Expo in T im mins during the Gala Dinner on May 30th Kirkland Lake Gold Ltd KL Gold is looking towards a major increase in gold production from its new mine the T aylor The company reported 2016 T aylor production of 42613 ounces of gold but projects a 2017 total of 5560000 ounces The T aylor was commissione d in the fourth quarter of 2015 The T aylor Project consists of 31 whollyowned patented claim s leases and mineral claims in the southcen tral part of T aylor T ownship covering 1067 hectares The property is locat ed 53 km east of the City of T immins and is easily accessible by secondary paved roads from Highways 1 1 and 101 The community of Matheson is close On Nov 30 2016 Kirkland Lake Gold and Newmarket Gold Inc mer ged the two companies to form Kirkland Lake Gold Ltd KL Gold is a new midtier gold pro ducer tar geting 500000 ounces of gold in T ier 1 mining jurisdictions of Canada and Australia The productio n profle of the com pany is anchored from three high grade lowcost operations including the Macassa Mine Complex in Kirk land Lake and the T aylor Mine both located in Northeastern Ontario and the Fosterville Gold Mine located in the state of V ictoria Australia Kirkland s solid base of quality assets is complemented by development and exploration projects supported by a strong fnancial positon with exten sive management and operational ex pertise T ony Makuch president and CEO of Kirkland Lake Gold commented the T aylor Mine is the company s newest gold mine with 2016 gold production totaling 42639 ounces Since the mine commenced opera tion in Q4 2015 the focus has been on better understanding the deposit with resource defnition drilling and under ground development to support stoping Looking forward to 2017 T aylor is scheduled to produce 55000 60000 ounces of gold The company believes the higher production tar get will be achieved through the ramp up of operations combined with productivity and ef fciency improvements A steady in crease of daily mine throughput is expected to occur by incorporating additional mining faces in the second half of the year Mining is currently taking place in the WPZ Deposit 1004 Zone In planning our 2017 exploration program the goal is to signifcantly add to the resource to allow increas ing production and mine life beyond 10 years W e recognize that the ore at T aylor occurs within a series of shear hosted echelon high grade quartz veins stepping of the PDF This is our frst opportunity to capital ize on the under ground drill platforms New T aylor Mine major contributor to Kirkland Lake Gold s pr oduction Contd on pg 68 A s home t o one of the richest mines in the w orld K irk land Lak e o ers y our business solid long t erm g r o wth pr ospec ts F or mor e inf orma tion call 18002498933 D isc ve r KIRKLAND LAKE w w w disc o v erk l ca w w w disc o v erk l ca Page 67 A s home t o one of the richest mines in the w orld K irk land Lak e o ers y our business solid long t erm g r o wth pr ospec ts F or mor e inf orma tion call 18002498933 D isc ve r KIRKLAND LAKE w w w disc o v erk l ca w w w disc o v erk l ca