202621 releases
Kirkland Lake Discoveries Reports High-Grade Gold at Mirado and Commences Additional 25,000 m Drill Program
Drilling at the Mirado area of the KL South Project, 18 km south of Kirkland Lake, Ontario, returned 73.86 g/t Au over 1.00 m from 219.00 m and 36.43 g/t Au over 1.45 m from 40.55 m at Mirado West, 2.01 g/t Au over 19.00 m at Mirado North, and 7.36 g/t Au over 3.50 m at Mirado South. Following a $20 million financing completed October 8, 2026, a minimum 25,000 m drill program has begun, with 15,000 m at Mirado and 10,000 m on regional targets; assays are pending for 23 holes.
Drill resultsKirkland Lake Discoveries Corp. Closes Upsized $20m Brokered Private Placement Led by Eric Sprott
An upsized brokered private placement closed for aggregate gross proceeds of $20,165,940.50, comprising 29,457,000 flow-through shares at $0.40, 5,714,000 special flow-through shares at $0.483 and 16,066,510 common shares at $0.35, with a lead order from Eric Sprott. Flow-through proceeds will fund Canadian exploration expenses by December 31, 2027, renounced effective no later than December 31, 2026; common share proceeds are for general corporate purposes. Agents received 2,121,460 broker warrants at $0.35 for 24 months; hold period expires February 9, 2027.
FinancingKirkland Lake Discoveries Corp. Announces Upsized Brokered Private Placement
An amendment agreement with Canaccord Genuity Corp. upsizes Kirkland Lake Discoveries' previously announced best efforts brokered private placement to flow-through shares at $0.40 and special flow-through shares at $0.483, in any combination, for gross proceeds of up to approximately $12,292,662, plus up to 14,285,714 common shares at $0.35 for up to approximately $5,000,000. The agents' option was increased to up to C$2,873,278 of additional FT or HD shares. Closing is expected on or about October 8, 2026, subject to TSX Venture Exchange approval.
FinancingKirkland Lake Discoveries Corp. Announces Brokered Private Placement
A brokered "best efforts" private placement has been launched with Canaccord Genuity and a syndicate of agents, comprising flow-through shares at $0.40, special flow-through shares at $0.483 for aggregate gross proceeds of up to approximately $10,000,000, and up to 14,285,714 common shares at $0.35 for up to approximately $5,000,000. The agents hold an option for up to $2,250,000 of additional securities. Closing is expected on or about October 8, 2026, subject to TSX Venture Exchange approval.
FinancingKirkland Lake Discoveries Hits 25.85 g/t Au over 3.00 m at Mirado Fault Zone
Drill hole KLM26-030 at the North Zone of the Mirado deposit, part of the KL South Project 18 km south of Kirkland Lake, Ontario, returned 7.24 g/t Au over 11.10 m from 353.00 m, including 25.85 g/t Au over 3.00 m, at the Mirado Fault beneath the historical deposit, along with multiple broader lower-grade intervals closer to surface. The hole is the northernmost drilled to date and extends the stacked, steeply dipping gold mineralization of the North Zone an additional 125 m, with the Mirado Fault now bearing high-grade gold 180 m along strike from hole KLM26-006 (2.46 g/t Au over 14.70 m including 12.52 g/t Au over 1.80 m).
Drill resultsKirkland Lake Discoveries Intersects 1.22 g/t Au over 69.5 m at New “Mirado West” Zone, Doubling Gold Footprint to over 1,300 m
Drilling at the newly renamed Mirado West zone on the KL South Project, 18 km south of Kirkland Lake, Ontario, returned 1.22 g/t Au over 69.50 m from 33.00 m in hole KLM26-037, including 5.67 g/t Au over 12.00 m. Hole KLM26-035 intersected 0.35 g/t Au over 21.18 m from 19.50 m, 0.65 g/t Au over 15.83 m from 65.20 m and 36.72 g/t Au over 1.01 m from 174.50 m. The results extend mineralization more than 600 m west, bringing the lateral footprint to over 1,300 m, with 19 holes pending.
Drill resultsKirkland Lake Discoveries Hits 2.13 g/t Au over 29.0 m and 2.11 g/t Au over 14.1 m Extending Near Surface Mineralization at Mirado
Drilling at the Mirado gold system on the KL South property, 18 km south of Kirkland Lake, Ontario, returned 2.13 g/t Au over 29.0 m from 173 m (including 3.37 g/t Au over 17.5 m) in hole KLM26-029 and 2.11 g/t Au over 14.1 m from 157 m (including 2.74 g/t Au over 10.1 m) in KLM26-031, extending the South Zone westward. KLM26-027 returned 4.76 g/t Au over 6.65 m from 8 m, and KLM26-028 returned 3.89 g/t Au over 2.14 m from 401.3 m, extending the North Zone to about 365 m vertical depth. Assays are pending for 19 additional holes.
Drill resultsKirkland Lake Discoveries Expands Mirado Gold System with 80 m Step Out including 4.4 m of 20.29 g/t Au
Assay results from seven drill holes at the Mirado Gold Project in Ontario's Kirkland Lake region include 20.29 g/t Au over 4.4 m from 177.6 m in South Zone hole KLM26-022, 0.34 g/t Au over 41.2 m and 1.33 g/t Au over 18.0 m in KLM26-021, and 2.27 g/t Au over 9.1 m from 37.9 m in North Zone hole KLM26-023, an 80 m step out. Six holes at the MZ Zone and four regional holes southwest of Mirado intersected intense alteration and sulphide mineralization, with 22 holes awaiting assay.
Drill resultsKirkland Lake Discoveries Advances KL West into Multi-Target Pipeline
Complete gold and multi-element results have been received from the KL West diamond drilling campaign in the Kirkland Lake region of Ontario, comprising 65 holes totalling 19,161.9 m and 9,616 core samples across 10 target areas, completed April 1, 2026. Intersections include 5.57 g/t Au over 1.13 m at Winnie Lake and 1.41 g/t Au over 3.40 m at Wolverine Bend. Three mineralizing systems were identified: VMS-style, intrusion-related gold and structurally controlled gold.
NewsKirkland Lake Discoveries Expands Mirado Gold System with 18.99 g/t Au over 6.7 m and 0.50 g/t Au over 91.0 m
Assay results from eight drill holes at the Mirado Gold Project in Ontario included 0.50 g/t Au over 91.0 m in KLM26-019 (including 1.13 g/t Au over 23.8 m), 18.99 g/t Au over 6.7 m in KLM26-017 (including 125.91 g/t Au over 1.0 m) below the historical resource, and 0.98 g/t Au over 35.0 m in KLM26-013, extending the North Zone about 85 m. First regional hole KLM26-035 at the MZ Zone, 500 m west, intersected alteration and pyrite, with assays pending. A regional drill permit now covers all of KL South, and 16 holes await assays.
Drill resultsKirkland Lake Discoveries Extends Mirado System: 120 m South Step-Out Hits 79.63 g/t Au over 2.1 m; 100 m West Step-Out Intersects 0.98 g/t Au over 62.3 m
Drilling at the Mirado Project, 20 km southeast of Kirkland Lake, Ontario, returned 79.63 g/t Au over 2.1 m (including 184.04 g/t Au over 0.8 m) and 53.46 g/t Au over 1.4 m in hole KLM26-010, drilled about 120 m south of previously known mineralization. KLM26-011, collared 100 m west of KLM26-004, intersected 0.98 g/t Au over 62.3 m from 189 m, and North Zone hole KLM26-008 returned 1.88 g/t Au over 5.1 m. A second drill and a prospecting program have started.
Drill resultsKirkland Lake Discoveries Intersects 2.46 g/t Au Over 14.7 m in New Fault Zone; 180 m Step-Out Expands Mirado South Mineralization
Drilling at the past-producing Mirado property, 20 km southeast of Kirkland Lake, Ontario, returned 2.46 g/t Au over 14.7 m from 345.1 m in the Mirado Fault Zone in hole KLM26-006, including 12.52 g/t Au over 1.8 m, plus 0.82 g/t Au over 24.0 m; KLM26-005 returned 1.35 g/t Au over 4.2 m and 14.72 g/t Au over 0.8 m. Hole KLM26-010, a 180 m step-out from historical resource limits, intersected visible gold at 257 m downhole, with assays pending. Winter drilling came in at $200/m all-in, and the program has been expanded by 5,000 m to 30,000 m.
Drill resultsKLDC Hits 50.3 m of Continuous Mineralization with 39.35 g/t Au over 16.4 m, including 1,670 g/t Au over 0.38 m in 40 m Step-Out at Mirado; Six Additional Holes Pending
Drilling at the past-producing Mirado property, 20 km southeast of Kirkland Lake, Ontario, returned 39.35 g/t Au over 16.4 m from 53.6 m in hole KLM26-004, including 106.9 g/t Au over 6.0 m and 1,670 g/t Au over 0.38 m, plus 2.22 g/t Au over 26.1 m. Hole KLM26-003 returned 0.87 g/t Au over 27 m from 13 m. KLM26-004 is a 40-m step-out southeast of KLM26-002. Six holes are pending; drilling is paused for spring melt, with two rigs to resume.
Drill resultsKLDC Hits 121 m of Continuous Gold Mineralization at 1.01 g/t in 75 m Step-Out at Mirado; Eight Additional Holes Pending
Drill hole KLM26-002 at the past-producing Mirado property, 20 km southeast of Kirkland Lake, Ontario, returned 1.01 g/t Au over 121 m from 11 m to 132 m, including 4.61 g/t over 3.2 m from 15.2 m and 3.63 g/t over 12.8 m from 69.7 m (including 7.41 g/t over 4.8 m from 74.2 m), a 75-m step-out from KLM26-001. Eight additional holes are complete with assays pending, including KLM26-007, drilled to 732 m to test a deep IP resistivity low anomaly.
Drill resultsKldc Intersects 103 M Of Continuous Gold Mineralization Including 5 66 G T Au Over 18 2 M 3 30 G T
The first hole of the 2026 diamond drill program at the past-producing Mirado property, 20 km southeast of Kirkland Lake, Ontario, returned 5.66 g/t Au over 18.2 m from 62.0 m (including 23.03 g/t Au over 4.3 m) and 3.30 g/t Au over 18.7 m from 96.7 m, with 1.10 g/t Au over 15.1 m from 39.5 m; a wedge hole, KLM26-001B, returned 1.78 g/t Au over 23.9 m from 88.5 m. Assays from six further holes at the South and North Zones are pending, with gold analysed by Chrysos PhotonAssay at Paragon Geochemical.
Drill resultsKirkland Lake Discoveries Commences Drilling at Past-Producing Mirado Project, KL South
Diamond drilling has begun under the 2026 program at the past-producing Mirado property, 20 km southeast of Kirkland Lake, Ontario, targeting confirmation of historical high-grade intercepts, depth extensions below 250 where most prior drilling stopped, and lateral continuity of the MZ Zone to the west plus polymetallic potential in the North Zone. Samples will be analyzed by Paragon Geochemical using Chrysos PhotonAssay technology on 500 g samples. Historical production totalled 3,227 oz Au at 0.15 oz/t recovered grade between 1937 and 1943.
Drill resultsKLDC Expands Multi-Phase Gold System and Secures OJEP Funding
Drilling at the KL West Project in Ontario returned 0.87 m at 3.20 g/t Au and 0.50 m at 2.25 g/t Au plus 0.10% Cu in hole KLD26-48, with multi-element signatures (Au–Bi–Mo–Te ± W) across a structural corridor of more than 5 km along the Winnie Lake Stock. The company was awarded $215,000 under Ontario's Junior Exploration Program, covering 50% of eligible costs on the KL West and Winnie Lake properties from April 1, 2025 to February 28, 2026. Assays from 38 additional holes remain outstanding, with laboratory turnaround now near 12 weeks.
Drill resultsKirkland Lake Discoveries Announces Uplisting to the OTCQB Venture Market
Kirkland Lake Discoveries' common shares have been approved for uplisting from the OTCID to the OTCQB Venture Market, with trading beginning at the market open on March 20, 2026 under the symbol KLKLF. The shares continue to trade on the TSX Venture Exchange as KLDC. The uplisting follows the closing of the Mirado Gold Project acquisition earlier this month and the start of a 25,000m drill program; the Company holds a 400-km² portfolio in Ontario's Kirkland Lake region.
CorporateKirkland Lake Announces Closing of Mirado Project Acquisition
The acquisition of a 100% undivided interest in the Mirado Gold Project from Orecap Invest Corp. has closed, under a purchase agreement dated December 16, 2025. Consideration was 40,582,767 KLDC common shares valued at $0.215 each, equal to 19.9% of shares outstanding immediately after closing, subject to a four-month hold period expiring July 3, 2026 and a 12-month contractual lock-up. No finder's fees were paid.
AcquisitionKirkland Lake Discoveries Drills Broad Zones of Intense "Brick-Red" Syenite Alteration at Wolverine Bend, Hits Semi-Massive Sulphides and Fluorite at Winnie Lake; Drill Program Surpasses 10,000 Metres
More than 10,000 metres of a fully funded 25,000-metre diamond drill program are complete at the KL West Property in the Kirkland Lake region of Ontario, with 10,833 m drilled in 32 holes using two rigs. Visual logging, with assays pending, reports broad potassic-hematite altered syenite at Wolverine Bend, including a 39 m interval in KLD26-63, sulphide intervals of 27.7 m and 21.5 m at Winnie Lake East Trend, and up to 65 m true width of pyrite-pyrrhotite-sphalerite-galena mineralization at the Sharp Target.
Drill resultsKirkland Lake Discoveries Confirms and Expands Syenite-Hosted Gold Mineralization at Wolverine Bend
Drilling at the Wolverine Bend target on the KL West Property in the Kirkland Lake region of Ontario returned 6.3 m at 0.62 g/t Au from 43.1 m in KLD25-39 and 8.3 m at 0.86 g/t Au from 24.9 m in KLD25-40, including 5.5 m at 1.21 g/t Au from 26.0 m, with gold linked to altered syenite intrusions. As of January 17, 2026, 4,409 m had been drilled in 13 holes under a fully funded 25,000-m program, with a second rig starting January 12, 2026.
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202517 releases
Kirkland Lake Discoveries Signs Definitive Agreement to Acquire the Mirado Project with Historical Gold Inferred Resource of 10.6 Mt at 1.29 g/t for 442,000 oz
A definitive agreement dated December 16, 2025 with Orecap Invest Corp. will give Kirkland Lake Discoveries a 100% interest in the 2,500-hectare Mirado Gold Project, located about 15 km south of its flagship claim package in Ontario's Abitibi Greenstone Belt. Mirado hosts a historical 2013 inferred resource of 10.6 Mt at 1.29 g/t Au for approximately 442,000 oz, which is not treated as current. Consideration is shares equal to 19.9% of KLDC's outstanding shares, roughly 40,050,398 shares valued at $0.28, subject to TSX Venture Exchange acceptance.
AcquisitionKirkland Lake Discoveries Begins Fully Funded 25,000-m Drill Program; Appoints VP Exploration & Technical Advisor
A fully funded 25,000-metre diamond drilling program began November 21 in the Kirkland Lake region of Ontario, with the first rig on the Winnie Lake Stock contact corridor at the Wolverine Bend area and a second rig planned for January 2026; drilling will also test Winnie West and a 1.5 km² Au–Bi–Cu–Mo–W soil anomaly at Nine Mile. Ben Cleland, P.Geo., was appointed VP Exploration with 1,000,000 options at $0.40 expiring November 24, 2030, and Dr. Jean-François Montreuil as Technical Advisor. Shareholders approved all resolutions at the November 18, 2025 meeting.
Drill resultsKirkland Lake Discoveries Announces 25,000-metre Drill Program
A 25,000-metre diamond drill program is planned across the company's land package in the Kirkland Lake area of Ontario, with an initial phase targeting follow-up targets at Winnie Lake and new discoveries at the Winnie Lake pluton. Preliminary results from a recently completed magnetotelluric survey and 3D magnetic inversions are being analyzed, with a full exploration update and refined drill targets expected in the coming weeks. The company also granted 5,500,000 stock options exercisable at $0.40 per share for five years.
Drill resultsKirkland Lake Discoveries Hits 31.38 m of 1.22%, 36.5 m of 1.03% and 27.35 m of 1.27% CuEq from Surface and Makes a New Gold Discovery 2 km Northeast of Winnie Shaft
Results from the inaugural 10-hole, 1,722 m drill program at the KL West property near Kirkland Lake, Ontario returned 31.38 m of 1.22% CuEq from 14.62 m, including 5.02 m of 3.31% CuEq (KLD25-35); 36.5 m of 1.03% CuEq from 13.5 m (KLD25-34); 27.35 m of 1.27% CuEq from 13.9 m (KLD25-28); and 32.8 m of 0.93% CuEq from 14.2 m (KLD25-36). Holes KLD25-31 and KLD25-32 intersected gold-bearing syenite with Cu-Ag-Te-Bi-Mo within the Winnie Pluton, about 2 km apart. With over $12M secured, an expanded drill program guided by newly completed Heli-MT data is planned.
Drill resultsKirkland Lake Discoveries Announces Closing of Non-Brokered Private Placement for $12,721,316
A non-brokered private placement closed for aggregate gross proceeds of $12,721,316.65, comprising 7,600,000 charity flow-through units at $0.37, 25,529,727 units at $0.25 and 11,756,283 flow-through shares at $0.30, with unit warrants exercisable at C$0.40 for 36 months. An insider holding over 10% bought 4,000,000 FT Units for $1,480,000; finders received $274,981 cash and 933,935 broker warrants. Flow-through funds will cover Canadian exploration expenses on the company's Kirkland Lake, Ontario properties; hold period expires February 23, 2026.
FinancingKirkland Lake Discoveries Completes Helicopter Magnetotelluric Geophysical Survey Across KL West
A 2,000 line-kilometre helicopter-borne magnetotelluric (MobileMT) survey has been completed over the KL West Project in Kirkland Lake, Ontario. The survey, run by Expert Geophysics, began September 23 and finished October 2, and covers known mineralization intersected in the Company's most recent drill program, with results to be integrated with 2024 geochemical anomalies for targeting in a Fall 2025/Winter 2026 drill campaign. KLDC's private placement is expected to close next week, with assay results released at that time.
Drill resultsKirkland Lake Discoveries Announces Upsized Private Placement
A previously announced private placement has been upsized to raise gross proceeds of up to C$14 million through units at $0.25, premium flow-through units at C$0.37 and flow-through shares at $0.30, in any combination. Units and premium units each include one common share and one-half warrant exercisable at C$0.40 for 36 months. Closing is scheduled on or about October 16, 2025, subject to conditions including TSX Venture Exchange approval, with possible finder's fees on a portion of the offering.
FinancingKirkland Lake Discoveries Corp. Announces Upsizing of Private Placement to $10M
A previously announced non-brokered private placement has been upsized to gross proceeds of up to $10,000,000, consisting of flow-through shares at $0.30 and units at $0.25, with each unit including half a warrant exercisable at $0.40 for 36 months. Lead orders came from Eric Sprott, Rob McEwen and Crescat Capital, and insiders are expected to participate. Unit proceeds will fund exploration on the company's Kirkland Lake-area Ontario projects and working capital; closing is expected within 21 days, subject to TSX-V approval.
FinancingKirkland Lake Discoveries Corp. Announces $7M Private Placement with Lead Orders of $6M
A non-brokered private placement of up to $7,000,000 in gross proceeds is proposed, comprising flow-through shares at $0.30 and units at $0.25, each unit including a half warrant exercisable at $0.40 for 36 months. Lead orders of $6,000,000 have been secured from new and existing investors including Eric Sprott, Rob McEwen and Crescat Capital. Proceeds will fund exploration on the Kirkland Lake, Ontario projects and working capital, with closing expected within 21 days subject to TSX-V approval.
FinancingKirkland Lake Discoveries Expands Mineralized System with Semi-Massive to Massive Sulphide Intersections in Three Additional Holes at KL West Property
Three additional drill holes at the KL West property in Ontario's Kirkland Lake region intersected semi-massive to massive sulphides near the historical Winnie Shaft, with KLD25-37 cutting mineralization at 97.5 m downhole. The 10-hole program totalled 1,722 m, and all 1,011 samples have been submitted to MSA Labs in Timmins with assays pending. A Heli-MT survey imaging intrusive contacts to depths of up to one kilometre is planned for the fall.
Drill resultsKirkland Lake Discoveries Intersects Intrusion-Related Polymetallic System at KL West Property
The first drill hole at the Winnie showing on the KL West property in Ontario's Abitibi Greenstone Belt, KLD25-28, intersected 4.42 m of semi-massive to massive sulphides from 23.00 m, 1.14 m of massive sulphides from 39.25 m, and an 8.00 m zone of disseminated pyrite and chalcopyrite in silicified basalt from 15.00 m. Mineralization includes chalcopyrite, sphalerite, pyrite and magnetite, interpreted as intrusion-related along the Winnie Stock's untested 17-km perimeter. Assays are pending, with further drilling planned.
Drill resultsKirkland Lake Discoveries Initiates Inaugural Drill Program to Test Intrusive Polymetallic Mineralization around Winnie Pluton
An inaugural diamond drill program of approximately 2,000 m has begun at the KL West and Winnie Lake projects in the Abitibi Greenstone Belt near Kirkland Lake, Ontario, testing targets within the Winnie Pluton and along its contacts. Drilling follows grab samples of up to 5.7% copper, 5.3% zinc, 1.6 g/t gold and 28.2 g/t silver, and channel sampling at Mini Winnie of 2.05% Cu, 735 g/t Bi over 0.6 m. Completion is expected within August, with assays released as received.
Drill results