Page 22 Contd on pg 23 By Frank Giorno Kirkland Lake the town that gold built is celebra ting its 100th anniver sary in 2019 In celebration of this northeastern Ontario historic town the mines that once stretched along the Mile of Gold readily come to mind Lake Shore W rightHar greaves Sylvanite T eck Hughes T oburn and of course the Ma cassa mine which is still in operation today The original mine owned by Macassa Mines Limited went into production in 1933 Over the years the mine was owned by the likes of Lac Minerals Barrick Gold Corporation and Kinross Gold before closing operations in 1999 The Macassa property was purchased by Foxpoint Resources from Kinross Gold and changed its name to Kirk land Lake Gold KL in 2002 W ith the dewatering of Shaft 2 and Shaft 3 the Macassa mine was back in busi ness Kirkland Lake Gold restarted Macassa mining operations in 2002 By Febru ary 2016 KL had poured its millionth ounce of gold from Macassa since it resumed operations KL has been a steady producer of gold with 175000 oz in 2016 194000 oz in 2017 and 240000 oz in 2018 Kirkland Lake Gold is poised to achieve substantial production growth and improved unit costs in 2019 W e will also contin ue to invest in explora tion and additional production growth with our plan being to reach one mil lion ounces of annual gold production as early as 2021 said T ony Makuch President and Chief Executive Ofcer of KL While achieving one million ounces of production will be a signifcant milestone it is more importan t that the growth we achieve continues to drive down unit costs increases mar gins and positions us to generate substantial amounts of free cash fow going for ward Makuch added Another reason for Macassa mine s Kirkland Lake Gold pr ospers as town celebrates 100th Anniversary Ph 8002655481 infothenortherngroupca O u r t e a m i s p l e a s e d t o b e p a r t o f t h e K i r k l a n d L a k e G o l d P r o j e c t Lifting Safety First For over 45 years Northern Equipment Crane Rentals has consistently proven to be one of the leading companies for anyone needing crane rentals in the North W eve grown significantly throughout the years and we host an extensive modern fleet