Another round of exploration drilling at Kirkland Lake Gold’s Taylor Mine continues to produce high-grade results.
The company reported there’s a new gold zone 500 metres below the mine with other promising mineralization between the West Porphyry and Shaft Deposits.
Beginning late last year and into the early part of 2018, the company punched 91 holes from both the surface and underground as part of a massive 31,000-metre drill program to follow up on some key exploration targets.
Some of the intercepts at Taylor include 45.2 grams per tonne (g/t) over 2.4 metres, including 75.5 g/t over 0.8 m, with numerous visible-gold stringers.
Between West Porphyry and the Shaft Deposits, some of the results include 19.0 g/t over 6.1 metres, including 44.4 g/t over 1.7 m.
Located near Matheson, Taylor Mine was picked up as part of Kirkland Lake Gold’s acquisition of St. Andrew Goldfields in 2016.
It’s located along the historically productive Porcupine Destor Fault More exploration drilling has tracked high-grade gold-bearing quartz veins now extending 2.9 kilometres east of the Shaft Deposit.
The company calls the results from all three of these targets at Taylor as “significant.”
“Today’s drill results are very encouraging, as they demonstrate the considerable growth potential that exists at multiple locations around our existing deposits at Taylor,” said company president Tony Makuch in a statement.
It fits with their plan to make Taylor Mine a one million-ounce-per year producer within five to seven years.
“Our exploration program at Taylor is continuing with four surface drills and one underground drill in operation as we continue our work to grow the mine’s mineral resources and mineral reserves,” said Makuch.
— NorthernOntarioBusiness.com
