STOCK TITAN

5.7% Cu, 5.3% Zn, 1.6 g/t Au and 28.2 g/t Ag from Winnie Lake Grab Sample - KLDC Provides Exploration Update and Announces New Drill Permits

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Kirkland Lake Discoveries (TSXV: KLDC, OTC: KLKLF) has received drill permits for its Winnie Lake project in Ontario's Abitibi Greenstone Belt and reported significant exploration results. A high-grade grab sample near the historical Winnie shaft returned exceptional values of 5.70% copper, 5.30% zinc, 1.60 g/t gold, and 28.20 g/t silver.

The company discovered a new mineralized zone 150 meters west of the historical shaft, featuring visible malachite, chalcopyrite, and trace pyrite. A geochemical signature sample from a quartz vein yielded 1,235 g/t bismuth, 1.56 g/t tellurium, and 10.30 g/t molybdenum, indicating potential for an Intrusion-Related Gold System (IRGS).

KLDC completed 41 metres of channel sampling and a high-resolution drone magnetic survey, revealing a previously unrecognized magnetic low within the intrusive body. The company plans to initiate its first-pass drill program this summer.

Kirkland Lake Discoveries (TSXV: KLDC, OTC: KLKLF) ha ottenuto i permessi di perforazione per il suo progetto Winnie Lake nella cintura di rocce verdi di Abitibi, Ontario, e ha riportato risultati esplorativi significativi. Un campione prelevato vicino al pozzo storico di Winnie ha mostrato valori eccezionali di 5,70% di rame, 5,30% di zinco, 1,60 g/t di oro e 28,20 g/t di argento.

L'azienda ha scoperto una nuova zona mineralizzata a 150 metri a ovest del pozzo storico, con presenza visibile di malachite, calcopirite e tracce di pirite. Un campione con firma geochimica da una vena di quarzo ha restituito 1.235 g/t di bismuto, 1,56 g/t di tellurio e 10,30 g/t di molibdeno, segnalando il potenziale per un Sistema Aurifero Legato a Intrusione (IRGS).

KLDC ha completato 41 metri di campionamenti in canale e un'indagine magnetica ad alta risoluzione con drone, rivelando un basso magnetico precedentemente non riconosciuto all'interno del corpo intrusivo. L'azienda prevede di avviare il suo programma di perforazione preliminare questa estate.

Kirkland Lake Discoveries (TSXV: KLDC, OTC: KLKLF) ha recibido permisos de perforación para su proyecto Winnie Lake en la Cintura de Rocas Verdes de Abitibi, Ontario, y ha reportado resultados exploratorios significativos. Una muestra puntual de alta ley cerca del pozo histórico Winnie arrojó valores excepcionales de 5.70% de cobre, 5.30% de zinc, 1.60 g/t de oro y 28.20 g/t de plata.

La compañía descubrió una nueva zona mineralizada a 150 metros al oeste del pozo histórico, con presencia visible de malaquita, calcopirita y trazas de pirita. Una muestra con firma geoquímica de una veta de cuarzo mostró 1,235 g/t de bismuto, 1.56 g/t de telurio y 10.30 g/t de molibdeno, indicando potencial para un Sistema de Oro Relacionado con Intrusión (IRGS).

KLDC completó 41 metros de muestreo en canal y una encuesta magnética de alta resolución con dron, revelando un bajo magnético previamente no reconocido dentro del cuerpo intrusivo. La compañía planea iniciar su programa de perforación preliminar este verano.

Kirkland Lake Discoveries (TSXV: KLDC, OTC: KLKLF)는 온타리오의 아비티비 그린스톤 벨트에 위치한 Winnie Lake 프로젝트에 대한 시추 허가를 받았으며, 중요한 탐사 결과를 보고했습니다. 역사적인 Winnie 갱도 근처에서 채취한 고품위 시료에서 구리 5.70%, 아연 5.30%, 금 1.60 g/t, 은 28.20 g/t의 뛰어난 값이 확인되었습니다.

회사는 역사적 갱도에서 서쪽으로 150미터 떨어진 곳에서 새로운 광물화 구역을 발견했으며, 이곳에서는 녹주석, 황동광 및 미량의 황철석이 육안으로 확인되었습니다. 석영 정맥에서 채취한 지구화학적 특성 시료는 비스무트 1,235 g/t, 텔루륨 1.56 g/t, 몰리브덴 10.30 g/t을 나타내어, 관입 관련 금 시스템(IRGS)의 잠재성을 시사합니다.

KLDC는 41미터의 채널 샘플링과 고해상도 드론 자기조사를 완료했으며, 관입체 내에서 이전에 인식되지 않은 자기 저점을 발견했습니다. 회사는 이번 여름에 첫 시추 프로그램을 시작할 계획입니다.

Kirkland Lake Discoveries (TSXV : KLDC, OTC : KLKLF) a obtenu des permis de forage pour son projet Winnie Lake dans la ceinture de roches vertes d'Abitibi en Ontario et a rapporté des résultats d'exploration significatifs. Un échantillon ponctuel à haute teneur près du puits historique de Winnie a révélé des valeurs exceptionnelles de 5,70 % de cuivre, 5,30 % de zinc, 1,60 g/t d'or et 28,20 g/t d'argent.

La société a découvert une nouvelle zone minéralisée à 150 mètres à l'ouest du puits historique, présentant de la malachite visible, de la chalcopyrite et des traces de pyrite. Un échantillon avec signature géochimique d'une veine de quartz a donné 1 235 g/t de bismuth, 1,56 g/t de tellure et 10,30 g/t de molybdène, indiquant un potentiel pour un système aurifère lié à une intrusion (IRGS).

KLDC a réalisé 41 mètres d'échantillonnage en canal et une levée magnétique par drone à haute résolution, révélant une anomalie magnétique basse jusque-là non reconnue à l'intérieur du corps intrusif. La société prévoit de lancer son programme de forage initial cet été.

Kirkland Lake Discoveries (TSXV: KLDC, OTC: KLKLF) hat Bohrgenehmigungen für sein Winnie Lake-Projekt im Abitibi Greenstone Belt in Ontario erhalten und bedeutende Explorationsergebnisse gemeldet. Eine hochgradige Probennahme in der Nähe des historischen Winnie-Schachts ergab außergewöhnliche Werte von 5,70% Kupfer, 5,30% Zink, 1,60 g/t Gold und 28,20 g/t Silber.

Das Unternehmen entdeckte eine neue mineralisierte Zone 150 Meter westlich des historischen Schachts mit sichtbarem Malachit, Chalkopyrit und Spuren von Pyrit. Eine geochemische Signaturprobe aus einer Quarzader ergab 1.235 g/t Bismut, 1,56 g/t Tellur und 10,30 g/t Molybdän, was auf ein Potenzial für ein Intrusions-gebundenes Goldsystem (IRGS) hinweist.

KLDC führte 41 Meter Kanalprobenahme und eine hochauflösende Drohnen-Magnetikbefliegung durch, die ein zuvor unbekanntes magnetisches Tief innerhalb des Intrusionskörpers aufdeckte. Das Unternehmen plant, diesen Sommer sein erstes Bohrprogramm zu starten.

Positive
  • None.
Negative
  • Results based on grab samples, which may not be representative of the entire deposit
  • Early-stage exploration project with no defined resource estimates
  • Channel sampling results still pending and unconfirmed

Toronto, Ontario--(Newsfile Corp. - July 9, 2025) - Kirkland Lake Discoveries (TSXV: KLDC) ("KLDC" or the "Company") is pleased to announce that it has received drill permits for its recently acquired Winnie Lake project, located in the western portion of its Kirkland Lake land package in Ontario's Abitibi Greenstone Belt. The Company also provides an update on exploration work completed in May and June, which has resulted in new mineral discoveries and meaningful advancements in geological understanding.

The KLDC field team has completed detailed prospecting, mapping, access planning, outcrop stripping, and channel sampling in preparation for the Company's inaugural drill campaign at the Winnie intrusive. The focus is to test the potential for a copper-gold bearing intrusion-related system at the Winnie Lake showing and to evaluate newly identified geophysical and geochemical targets.

Exploration Highlights

High-Grade Polymetallic Grab Sample at Winnie Showing

A grab sample collected near the historical Winnie shaft (Figure 1) returned:

  • 1.60 g/t gold (Au), 28.20 g/t silver (Ag), 5.70% copper (Cu), 5.30% zinc (Zn), 1.65 g/t tellurium (Te)

The sample was taken from massive sulphide mineralization strongly associated with massive magnetite. This confirms the presence of high-grade polymetallic mineralization. To further assess the continuity of this magnetic feature under overburden, a high-resolution drone magnetic survey was completed in June.

New Discovery West of the Winnie Shaft

Field prospecting led to the discovery of a newly exposed, intensely quartz-veined intrusive outcrop approximately 150 metres west of the historical shaft. Channel sampling was completed after clearing, with the outcrop displaying:

  • Visible malachite, chalcopyrite, and trace pyrite
  • Strong potassic and hematite alteration

These characteristics are indicative of a magmatic-hydrothermal system, possibly representing an intrusion-related Cu-Au system or early-stage IOCG-style mineralization. The alteration style (potassic enrichment and hematite staining) is commonly associated with large, high-temperature hydrothermal systems sourced from or centered around intrusive bodies.

This newly identified zone lies just west of the historical workings, suggesting prior operators may have only tested a limited portion of the mineralized system. If confirmed by assays and drilling, this could represent a significant new mineralized body with scale potential.

Intrusion-Hosted Geochemical Signature

A sample collected directly from a quartz vein within the intrusion returned:

  • 1,235 g/t bismuth (Bi), 1.56 g/t Te, 10.30 g/t molybdenum (Mo), 0.13% Cu, 12.75 g/t Ag, 0.03 g/t Au

This trace element suite, particularly the elevated Bi-Te-Mo values, is geochemically characteristic of Intrusion-Related Gold Systems (IRGS). These systems are known for:

  • Broad alteration halos
  • Large-scale, bulk-tonnage gold potential
  • Association with reduced, fertile intrusions

The presence of these elements strengthens the interpretation that the Winnie intrusion is a mineralizing source, not barren, and may host a zoned mineralized system with both high-grade and disseminated potential.

Analogous Systems in the Region:

Notable intrusion-hosted deposits in the Abitibi include:

  • Young-Davidson Mine (Alamos Gold) – Au in syenite with potassic alteration
  • Upper Beaver (Agnico Eagle) – Cu-Au system with Bi-Te-Mo signature and IOCG features
  • LaRonde Complex (Agnico Eagle) – Though primarily classified as a VMS deposit, deeper zones exhibit Cu-Au-Bi-Te-Mo enrichment and magmatic-hydrothermal features, suggesting a hybrid or transitional system in parts of the Blake River Group

These analogues support KLDC's ongoing evaluation of the Winnie intrusion as a significant mineralized center.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/5701/258202_31f70cab045e5997_001.jpg

Figure 1 – Drone Magnetic Survey and Sample Locations – First vertical derivative (1VD) magnetic map from KLDC's 2025 high-resolution drone survey, showing key grab and channel sample locations across the Winnie Lake area. This includes the high-grade sample near the Winnie shaft, the newly exposed quartz-veined intrusive outcrop ~150m to the west, and the broader geological and structural framework revealed by the survey. Zones of interest are highlighted and prioritized for drilling, with assay results from channel sampling pending.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/258202_31f70cab045e5997_001full.jpg

Additional Program Milestones

Channel Sampling Completed

  • 41 metres of channel sampling were completed across newly stripped and historical outcrops in the Winnie Lake area.
  • 75 individual samples were submitted for assay. Results will be reported once received and interpreted.

Drone Magnetic Survey Completed

KLDC completed a high-resolution drone magnetic survey in June, resulting in several key findings:

  • A previously unrecognized magnetic low within the intrusive body has been identified. This feature may represent a reduced and altered core, possibly associated with mineralization. Similar magnetic lows host mineralized zones at deposits such as Upper Beaver.
  • Improved definition of the contact between mafic volcanics and the intrusion, outlining multiple untested kilometers of strike.

This refined geophysical model is being used to finalize drill hole targeting for KLDC's upcoming inaugural drill program at the Winnie intrusive.

Drill Permits Received

KLDC is pleased to report that it has received full drill permits for the Winnie Lake project. The Company plans to initiate its first-pass drill program this summer, targeting the newly defined geochemical, magnetic, and alteration zones.

"The start of our field season has delivered meaningful results and key breakthroughs," said Stefan Sklepowicz, CEO of Kirkland Lake Discoveries. "With high-grade copper-zinc values, a newly discovered mineralized zone, and a promising geochemical signature pointing to a deeper intrusion-related gold system, we're executing a focused and cost-effective program that is unlocking the potential of the Winnie Intrusion. With drill permits now in hand, we look forward to testing these compelling targets this summer."

Video Footage Available

Field footage of the newly discovered outcrop and channel sampling is available through the Company's YouTube channel, specifically KLDC Treasure Hunter's Episode 14: Boots in the Bush, Suits in the City.

QP Statement

The technical information contained in this news release has been approved by Mike Kilbourne, P.Geo. 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. (TSXV: 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/258202

FAQ

What were the high-grade sample results from KLDC's Winnie Lake project?

The grab sample returned 5.70% copper, 5.30% zinc, 1.60 g/t gold, and 28.20 g/t silver from near the historical Winnie shaft.

What new discovery did KLDC make at the Winnie Lake project?

KLDC discovered a new mineralized zone 150 meters west of the historical shaft, featuring visible malachite, chalcopyrite, and trace pyrite with strong potassic and hematite alteration.

When will KLDC begin drilling at the Winnie Lake project?

KLDC plans to initiate its first-pass drill program in summer 2025, having recently received full drill permits.

What evidence suggests a potential large-scale gold system at Winnie Lake?

The presence of elevated Bi-Te-Mo values (1,235 g/t Bi, 1.56 g/t Te, 10.30 g/t Mo) is characteristic of Intrusion-Related Gold Systems (IRGS), known for broad alteration halos and large-scale, bulk-tonnage gold potential.

How much channel sampling did KLDC complete at Winnie Lake?

KLDC completed 41 metres of channel sampling across newly stripped and historical outcrops, with 75 individual samples submitted for assay.
KIRKLAND LAKE DISCOVERIES CORP

OTC:KLKLF

KLKLF Rankings

KLKLF Latest News

KLKLF Stock Data

4.53M
65.01M
43.07%
2.72%
Gold
Basic Materials
Link
Canada
Vancouver