Wednesday, January 21, 2009

KIRKLAND LAKE GOLD Inc.

New South Central Zone Now Extended  

Drill Hole 53-1199 Returns 2.21 Ounces of Gold over 12.4 feet. 

Kirkland Lake Gold Inc. (the ‘Company’) is pleased to announce an update on the exploration drilling programme in the South Mine Complex (‘SMC’). The SMC consists of 15 or more mineralized zones, one of which is the New South Central Zone.

Recent exploration and definition drilling has extended the New South Central Zone to the -5095 elevation, 450 feet up-dip of the -5265 elevation. During this drilling, multiple stacked mineralized zones have been intersected above the New South Central Zone. The Company is currently engaging six exploration drills on the property to actively test the South Mine Complex and other targets.

"These 21 drill holes at a spacing of 30 to 40 feet both up-dip and along strike have quickly and consistently filled in a previously poorly understood area of the South Mine Complex," said Stewart Carmichael, Chief Exploration Geologist. He added, "We've also intersected new hanging wall zones up to 100 feet above the New South Central Zone, however further definition drilling is required to verify geometry and continuity of these hanging wall systems."

The highlights of this recent drilling include:

Drill hole 53-1199 intersected the New South Central Zone and assayed 2.21 ounces of gold per ton (opt) uncut (1.55 opt cut) over a true width of 12.4 feet and included 11.78 opt over a true width of 1.0 feet. This intersection is at the -5155 foot elevation (see Figure 1). 
 Drill hole 53-1206 intersected the New South Central Zone at the -5095 elevation and assayed 1.45 opt over a true width of 4.6 feet. This elevation is the highest ore grade hole intersection in the New South Central Zone to date and is 190 feet up-dip of previously released drill hole 53-532 (see Press Release dated May 13, 2008). 
 At least two new hanging wall zones have been intersected in many of the latest drill holes. These tend to be narrow high-grade zones as indicated by drill holes 53-945 which assayed 10.46 opt over a core length of 1.3 feet and hole 53-1236 which assayed 6.07 opt over a core length of 2.3 feet. Infill drilling will be required before continuity of these hanging wall zones can be ascertained. 
The intersections on the Lower D North Zone are close-spaced and within existing reserve blocks and are not considered to be significant in the context of this release 

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