Toronto, Ontario--(Newsfile Corp. - August 6, 2025) - Kirkland Lake Discoveries (TSXV: KLDC) (OTCID: KLKLF) ("KLDC" or the "Company") is pleased to announce the commencement of its inaugural diamond drill program (the "Program") at the KL West Project and Winnie Lake Project, located in the prolific Abitibi Greenstone Belt near Kirkland Lake, Ontario. This milestone marks a major advancement in the Company's exploration efforts as it targets an intrusive-related polymetallic system with compelling discovery potential.
The Program will follow up on both historical drilling and recent surface exploration results, which together support a new geological model: that the Winnie Pluton is the source of the surrounding polymetallic mineralization. This updated interpretation evolved over the past year, beginning with broad soil geochemistry identifying elevated pathfinder elements around the pluton, and refined through the Company's spring exploration program, which uncovered significant new mineralization and structural context.
Highlights from recent work:
From the July 9th, 2025 News Release:
- High-grade grab samples from the Winnie shaft area returning values up to 5.7% copper (Cu), 5.3% zinc (Zn), 1.6 g/t gold (Au), and 28.2 g/t silver (Ag).
- A grab sample from a quartz vein within the intrusion containing 1,235 g/t bismuth (Bi), 0.13% Cu, 0.03 g/t Au, and 12.75 g/t Ag.
From the July 24th, 2025 News Release:
- Channel sampling at Mini Winnie returning 2.05% Cu, 735 g/t Bi, 0.108 g/t Au, and 5.5 g/t Ag over 0.6 m,
- A quartz-vein-dense area within the intrusion averaging 35.5 g/t Bi over 17 m.
In 2024, soil geochemistry at KL West identified seven key areas of elevated pathfinder minerals surrounding the Winnie Pluton, several were coincident with magnetic high responses.
This initial drill campaign will test multiple targets both within the intrusive body and along its contacts (see Figures 1 and 2), prioritized based on geochemical anomalies, geophysical signatures, and geological mapping. The objective is to validate the intrusive-related model and identify mineralized zones of continuity at depth for follow-up drilling.
Figure 1: Planned drill holes at KL West testing coincident geophysical and geochemical anomalies.
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Figure 2: Planned drill hole locations targeting mineralized trends at surface and magnetic lows within the intrusion at Winnie Lake Project.
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"This is a very exciting moment for KLDC," said Stefan Sklepowicz, CEO of Kirkland Lake Discoveries. "KL West and Winnie Lake represent a rare opportunity to test a potentially significant polymetallic system that has seen limited modern exploration. With strong surface results, supportive geology, and a well-developed model, we believe this program could be a catalyst for a new discovery."
The planned ~2,000m drill program is expected to complete within August. Assay results will be released as received and interpreted.
QP Statement
The technical information contained in this news release has been approved by Mike Kilbourne, P.Geo., Senior geologist and independent contractor, who is a Qualified Person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About Kirkland Lake Discoveries Corp.
Kirkland Lake Discoveries Corp. (TSX-V: KLDC) has assembled a 400-km2 exploration portfolio in the Kirkland Lake region of Ontario's Abitibi Greenstone Belt-one of the most prolific mining districts in the world. The Company's properties span key fault zones, geophysical anomalies, and volcanic-sedimentary contacts within the Blake River Group-a highly prospective assemblage known to host both gold and polymetallic VMS deposits.
With multiple anomalous soil trends, historical showings, and structural intersections now permitted for exploration, KLDC is advancing a pipeline of drill-ready targets across its KL East and KL West project areas. The team combines strong technical experience with a focus on smart, efficient exploration designed to deliver results.
For additional information, please contact:
Stefan Sklepowicz
Chief Executive Officer
www.kirklandlakediscoveries.com
+1 226 979 3515
stefan@kirklandlakediscoveries.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operations and activities of Kirkland Lake Discoveries, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, the Company's drill program, the results thereof, and any impact therefrom. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Kirkland Lake Discoveries, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, changes in general economic, market and business conditions, and the ability to obtain any requisite approvals. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Kirkland Lake Discoveries does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/261417
SOURCE: Kirkland Lake Discoveries Corp.
