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Home > Mining Companies > Kirkland Lake Gold Ltd. > News > Kirkland Lake Gold...
Kirkland Lake Gold Ltd.

Kirkland Lake Gold Announces Strategic Alliance With Newmont Canada For Exploration Opportunities Around Holt Complex And Newmont’s Timmins Properties

Aug 17, 2020
TORONTO, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL)(ASX:KLA) today announced that the Company and its wholly-owned indirectly held subsidiary St Andrew Goldfields Ltd. have entered into a strategic alliance agreement (the “Agreement”) with Newmont Canada FN Holdings ULC (“Newmont”) with respect to exploration and development opportunities around the Company’s Holt Complex and Newmont’s properties in Timmins, Ontario.
 
Under terms of the Agreement, Newmont will pay Kirkland Lake Gold US$75 million to acquire an option (the “Option”) on certain mining and mineral rights related to the Company’s Holt Mine property.   The Agreement also includes a commitment by the two companies to work together to identify additional regional exploration opportunities around their respective land positions in the region where they may be able to cooperate in the future to advance projects and create value for both companies. Under terms of the Agreement, the Option may be terminated by the Company upon the assumption of certain liabilities related to the Holt Mine property. Kirkland Lake Gold will act as manager of Strategic Alliance activities. Ownership of all infrastructure on the Holt Mine property, including the Holt Mill, is retained by Kirkland Lake Gold, and the Option does not involve the other Holt Complex assets, including the Holloway and Taylor mines.
 
About Kirkland Lake Gold Ltd.
 
Kirkland Lake Gold Ltd. is a growing gold producer operating in Canada and Australia that produced 974,615 ounces in 2019. The production profile of the Company is anchored by three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake Gold's solid base of quality assets is complemented by district scale exploration potential, supported by a strong financial position with extensive management expertise.
 
For further information on Kirkland Lake Gold and to receive news releases by email, visit the website at www.kl.gold.
 
FOR FURTHER INFORMATION PLEASE CONTACT
 
Anthony Makuch, President, Chief Executive Officer & Director
Phone: +1 416-840-7884, E-mail: tmakuch@kl.gold
 
Mark Utting, Senior Vice President, Investor Relations
Phone: +1 416-840-7884, E-mail: mutting@kl.gold
 

Source: https://www.kl.gold/news-and-media/press-release-details/2020/Kirkland-Lake-Gold-Announces-Strategic-Alliance-With-Newmont-Canada-For-Exploration-Opportunities-Around-Holt-Complex-And-Newmonts-Timmins-Properties/default.aspx

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May 18, 2020
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Career Opportunities
ASSET PROTECTION CONTROL ROOM GUARD

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Asset Protection Control Room Guard to join our Asset Protection team reporting to the Asset Protection Supervisor.  
SHAREPOINT DEVELOPER

We currently have an exciting opportunity for a SharePoint Developer to join our Business Intelligence Team. 
MINE PLANNING TECHNICIAN TRAINEE

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Mine Planning Technician Trainee to join our Technical Services team reporting to the Mine Planning Superintendent. 
SENIOR MINE GEOLOGIST

Based at the Canadian Operations Centre in Timmins, ON, we currently have an exciting opportunity for a Senior Mine Geologist to join our Geology team reporting to the Geology Superintendent.  
PROCESS PLANT RELIABILITY ENGINEER

Based at the Detour Lake Mine site, we currently have an exciting opportunity for a Process Plant Reliability Engineer to join our Process Plant Maintenance team reporting to the Reliability Supervisor.
CORE TECHNICIAN

The Core Technician will be responsible to support the Geology departments by processing and sampling/cutting of diamond drill core. 
ASSAYER 1

The Assayer 1 processes Mine Production and Exploration samples for grade control providing vital information in a timely method to assist in key decision making relating to mining/geology activity and reconciling samples entering and exiting the Mill Process.
MINE PLANNER/EIT

The Mine Planner/EIT will be responsible for mine planning within the 3 - 6 month planning interval. 
ASSAYER 2

The Assayer 2 processes Mine Production and Exploration samples for grade control providing vital information in a timely method to assist in key decision making relating to mining/geology activity and reconciling samples entering and exiting the Mill Process.
ASSAYER 3

The Assayer 3 processes Mine Production and Exploration samples for grade control providing vital information in a timely method to assist in key decision making relating to mining/geology activity and reconciling samples entering and exiting the Mill Process.
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