Kirkland Lake Discoveries Corp. announced that the Company has received the final products and maps from the high-resolution heliborne
magnetic, VLF-EM, and radiometric survey completed in June over the Company’s Lucky Strike property. The total coverage of the survey block amounted to 2,104.5-line kilometres and was completed by ALS GoldSpot. Through proprietary software and internally developed tools, ALS GoldSpot will provide in-depth interpretation of the collected geophysical data, which will aid in vectoring future exploration efforts to those areas and targets of high merit. Mapping crews have been mobilized to the Lucky Strike property to investigate several newly identified zones of structural complexity and prominent magnetic features. Agnico Eagle’s Upper Beaver deposit, located 2.5 km to the southwest of the Lucky Strike property, is associated with a high magnetic response attributed to strong magnetite-alteration in association with gold mineralization. This association has large implications for the prospectivity of strongly magnetic features on the Lucky Strike property. The fire ban for the Kirkland Lake Region has been lifted, and the exploration team, in conjunction with Forage FTE Drilling, has determined that conditions now exist for safe drilling operations. Mobilization of a drill rig to site is expected by July 17.