KL Discoveries secures OJEP grant and showcases drilling on YouTube Series
Kirkland Lake Discoveries Inc. has announced two key updates: securing $200,000 in funding through the Ontario Junior Exploration Program (OJEP) and the continued feature of its drilling activities on its popular YouTube series, KLDC Treasure Hunters.
OJEP Grant Approval
The Ontario government has awarded Kirkland Lake Discoveries up to $200,000 to support exploration activities on the KL West Property. The funding, part of OJEP, will cover 50% of eligible exploration expenses incurred between April 1, 2024, and February 28, 2025, with a focus on identifying critical minerals such as copper.
“We are pleased to acknowledge the ongoing support from the Government of Ontario with a $200,000 grant through OJEP. This funding allows us to further our exploration efforts on the KL West Property and has helped to identify significant targets for gold and critical metals,” said Stefan Sklepowicz, CEO.
“This investment plays a key role in our government’s efforts to rebuild Ontario’s economy and support mineral exploration,” added George Pirie, Minister of Mines. “Through the Ontario Junior Exploration Program (OJEP), we are empowering companies like Kirkland Lake Discoveries to unlock the province’s mineral potential, helping lay the foundation for future mines that will create lasting opportunities and prosperity for northern and Indigenous communities.”
Drilling Featured on KLDC Treasure Hunters
The Company’s YouTube series, KLDC Treasure Hunters, continues to provide a behind-the-scenes look at its exploration activities. The upcoming episode, airing Thursday, December 12, 2024, will highlight the core processing workflow, featuring Amanda LaPrarie, Field Admin and Support, and Dan Chartrand, Core Technician, as they demonstrate core teching, cutting, and sampling. Senior Geologist Mike Kilbourne will provide a detailed explanation of core logging. The episode will showcase core samples from recent drilling efforts at the Project, though viewers are cautioned that these cores have not yet undergone laboratory testing.
To watch the episode and other insights into KLDC’s exploration programs, visit the KLDC YouTube Channel.
Acknowledgment of Support
The Company extends its gratitude to the Government of Ontario for its financial support through OJEP, a vital initiative for advancing mineral exploration and fostering economic growth in Ontario’s mining sector.
About Kirkland Lake Discoveries Corp.
Kirkland Lake Discoveries Inc. is a TSX Venture Exchange-listed company with a district-scale, highly prospective land package in Ontario’s Kirkland Lake Gold Camp, located within the world-renowned Abitibi Greenstone Belt. The region has produced over 200 million ounces of gold to date.
KLDC’s properties include the KL East and KL West areas, featuring 1,338 claims and 29 patented claims, covering approximately 38,000 hectares. With its extensive land position and strategic focus on mineralized structures associated with the Larder Lake Cadillac Deformation Zone, KLDC is the largest landholder in the Kirkland Lake region.
Tags: Northern Ontario / Exploration / Gold / All Articles