Kirkland Lake Discoveries Announces Retirement of Founder, President & CEO
Kirkland Lake Discoveries Announces
Retirement of Founder, President & CEO
Toronto, Ontario--(Newsfile Corp. - May 15, 2024) -
Kirkland Lake Discoveries (TSXV: KLDC) (OTC
Pink: KLKLF) ("Kirkland Lake Discoveries" or the "Company")
today announced a strategic
transition, effective immediately, with the retirement of Founder, President, and CEO, Ms. Danièle
Spethmann from her role as President, CEO and as a director of the Company. This change comes as a
mutual decision and Ms. Spethmann will act as a Strategic Advisor for the Company going forward. The
Board and Management Team thank Ms. Spethmann for her significant contributions and look forward to
her continued guidance in shaping the strategic direction of the Company. Stefan Sklepowicz, Vice
President of Corporate Development, will take over as Interim CEO.
Ms. Spethmann, who has been at the helm of Kirkland Lake Discoveries since 2015, has successfully
expanded the Company's consolidated land package in Kirkland Lake from 3,800 hectares to over
38,000 hectares. Her leadership has been pivotal in positioning the Company with the largest
prospective land package in the historical gold camp of Kirkland Lake, Ontario, Canada.
Reflecting on her tenure, Ms. Spethmann said, "It has been an incredible journey leading the company
during my tenure. I am immensely proud of what we have accomplished together, and I look forward to
continuing to contribute to the Company's success as a Strategic Advisor."
About Kirkland Lake Discoveries Corp.
Kirkland Lake Discoveries Corp. is a TSX Venture Exchange-listed company that has recently
consolidated a district-scale and highly prospective land package in the Kirkland Lake Gold Camp in
Ontario, Canada. The properties are hosted in the Abitibi Greenstone Belt, one of the world's best-
endowed greenstone belts, with 200+ million ounces of gold produced to date.
1
The properties are host
to regional and property-scale mineralized structures that are considered second-order structures off the
Larder Lake Cadillac Deformation Zone (LLCDZ), the regional structure in the belt known to be spatially
associated with the gold mines hosted in the camp.
The properties assembled include the Lucky Strike Property, Arnold Property, KL Central, Goodfish-
Kirana, and the optioned KL West Properties. The KLDC land position comprises approximately 38,000
ha, over 1,338 claims, and 29 patented claims and ranks the Company as the largest landholder in the
Kirkland Lake region.
For additional information, please contact:
Stefan Sklepowicz
Interim CEO
www.kirklandlakediscoveries.com
+1 226 979 3515
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 three-phase 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.
1
Canada's Gold Exploration Frontier: The Abitibi Greenstone Belt -
https://www.visualcapitalist.com/sp/canadas-gold-exploration-frontier-the-abitibi-
greenstone-belt/
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/209209