Kirkland Lake Discoveries Confirms and Expands Syenite-Hosted Gold Mineralization at Wolverine Bend
Kirkland Lake Discoveries Confirms and
Expands Syenite-Hosted Gold Mineralization
at Wolverine Bend
Highlights:
Gold mineralization confirmed to be directly linked to altered syenite
intrusions at Wolverine
Bend, validating KLDC's exploration model.
KLD25-39 - 6.3 m at 0.62 g/t Au
from 43.1 m down hole
KLD25-40 - 8.3 m at 0.86 g/t Au
from 24.9 m down hole
including:
5.5 m at 1.21 g/t Au
from 26.0 m
Drilling has identified
multiple gold- and copper-bearing mineralizing systems
over a
2-km
span
within a
17-km mineralized corridor
(see Figure 1)
Results indicate a
large, long-lived Archean hydrothermal system
with potential for both
bulk-
tonnage gold
and
copper-rich zones
25,000-m fully funded drill program
underway, now operating with
two drill rigs
Toronto, Ontario--(Newsfile Corp. - January 22, 2026) -
Kirkland Lake Discoveries Corp. (TSXV:
KLDC) (OTCID: KLKLF) ("KLDC" or the "Company")
is pleased to provide an update on its
ongoing, fully funded
25,000-m diamond drilling program
at its
KL West Property
in the Kirkland
Lake region of Ontario.
Recent drilling and associated geochemical results have
confirmed altered syenite intrusions as a
primary control on gold mineralization
at the
Wolverine Bend target
(see Figures 2 and 3)
. These
results validate the Company's exploration model and significantly expand the interpreted scale and style
of
intrusion-related gold mineralization
along the
Winnie Lake Stock ("WLS") contact corridor.
Multiple Mineralizing Systems Confirmed
At the
Winnie Lake
target, drilling has intersected a
vertically zoned
(
see Figure 4
)
, structurally
controlled hydrothermal system,
characteristic of long-lived Archean mineralizing events. This
system supports a
gold-copper mineralization style
developed within and below the massive
sulphide horizon, indicating prolonged and multi-phase hydrothermal activity.
Taken together, results from Wolverine Bend and Winnie Lake demonstrate that
multiple gold-bearing
and polymetallic mineralizing systems
are present within a
two-km
segment
of the
17-km-long
WLS contact corridor
, underscoring the
district-scale exploration potential
of KL West.
Figure 1 - KL West Property overview showing syenite intrusion, soil geochemistry, and key target
areas
Plan-view map of the KL West Property highlighting the Winnie Lake Stock syenite intrusion (pink
shading) and its associated 17-km-long contact corridor (white dashed outline). Coloured contours
represent B-horizon soil geochemistry, with elevated gold-related element responses defining
multiple anomalous zones along the intrusion margin. The map illustrates the spatial relationship
between intrusion-related gold soil anomalies at Nine Mile, Wolverine Bend, and Winnie Lake,
historical mineral occurrences, interpreted fault structures, and completed drill holes. The clustering of
geochemical anomalies along the syenite contact and structural corridors supports the interpretation
of a large, intrusion-centered mineralizing system with multiple gold- and copper-bearing targets
distributed over a district scale.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/281208_29bc890444a84810_001full.jpg
Drilling Highlights
Wolverine Bend
Broad, low-grade gold mineralization accompanied by elevated
bismuth and copper
, consistent
with system-scale mineralization
Confirmation of gold vectoring within
visually altered syenite,
supported by elevated
geochemical elements characteristic of
fertile intrusion-related gold systems
Results reinforce potential for both
large-volume and low-grade gold mineralization
targets
.
Winnie Lake
Intersections of a
vertically zoned hydrothermal architecture
, ranging from copper-rich
breccias to altered volcanic root zones
Strong
hematite alteration
associated with peak sulphide emplacement, interpreted as
representing zones of enhanced metal deposition
"Drilling is consistently showing that gold and copper mineralization at KL West is closely linked to
syenite intrusions and the structures they exploit within the Blake River Group. This is significant
because parts of the Blake River Group become most prospective where early volcanic-hosted
sulphide systems are later overprinted by intrusion-related hydrothermal activity. At KL West, we are
seeing that overlap expressed through copper-rich breccias, gold-bearing alteration, and strong
structural control. Although we are still early in this 25,000-m program, this emerging geological
framework gives us confidence that we are vectoring toward more concentrated zones of
mineralization as drilling continues."
- Stefan Sklepowicz, Chief Executive Officer
Program Overview and Progress
Since mobilization in late November, drilling has progressed steadily along the
WLS contact corridor
,
targeting structurally controlled zones interpreted to host
both intrusion-related gold mineralization
and
copper-rich massive sulphide systems
.
Drilling metrics to January 17, 2026 include
:
Total metres drilled:
4,409 m
Number of completed holes:
13
Average hole depth:
340 m
Drill rigs active:
One rig active since early December 2025; a second rig commenced January
12, 2026
Core logging, geological interpretation, and sampling are ongoing, with samples being prepared for
submission to accredited laboratories. The Company will report analytical results once received and
validated.
Target Area Updates
Wolverine Bend
Drilling at Wolverine Bend is designed to follow up on previously identified mineralization and to test
structural and lithological controls along the WLS margin. Initial drilling has confirmed the presence of
altered syenite intrusions
, mafic volcanic units, and intrusive-volcanic contact zones affected by
silica,
hematite, carbonate, and localized potassic alteration
(see Figure 2)
.
Geochemical results demonstrate
widespread low-level gold values
accompanied by elevated
bismuth and copper
, a signature consistent with the
outer to intermediate zones of a fertile
intrusion-related gold system
. The spatial association of gold with
hematite alteration
(
see Figure
3)
further supports a
magmatic-hydrothermal contribution
to mineralization and highlights the
potential for a larger alteration-hosted system.
Figure 2 - KLD25-40 - Core Photo - Drill hole KLD25-40 intersected a broad zone of hematite- and
potassic-altered syenite from approximately 22.6 m to 31.0 m depth, characterized by pervasive red to
maroon colouration, localized brecciation, and fracture-controlled quartz-hematite veining. Gold
mineralization is spatially associated with the most intensely altered portions of the intrusive unit and
occurs with minimal sulphide content, consistent with an oxidized intrusion-related gold system. The
interval demonstrates a clear relationship between alteration intensity and elevated gold values,
supporting the potential for a larger, alteration-hosted mineralized system.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/281208_29bc890444a84810_002full.jpg
Figure 3 - Wolverine Bend - West-looking cross-section - Hematite and potassium alteration intensity
with gold value histogram
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/281208_29bc890444a84810_003full.jpg
Table 1 - Wolverine Bend Geochemical Results
Drill
Hole
From
(m)
To (m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
(ppm)
Bi
(ppm)
W
(ppm)
Mo
(ppm)
As
(ppm)
Sb
(ppm)
Pb
(ppm)
Zn (%)
K (%)
S (%)
Zone
KLD25-
39
43.06
49.34
6.28
0.617
0.47
7
6.8
12.5
5.8
0.2
0.1
33.4
0.005
1.12
0.15
Wolverine
Bend
KLD25-
40
24.95
33.2
8.25
0.863
0.36
175.3
18.8
8.7
45.9
0.7
0.2
18.9
0.002
4.57
0.13
Wolverine
Bend
Including
26
31.5
5.5
1.213
0.41
244
24.2
9.4
49.2
0.7
0.1
19.7
0.002
4.91
0.14
Wolverine
Bend
Winnie Lake Target Area
Drilling at the Winnie target area is focused on testing the WLS contact corridor and following up on
previously identified
quartz-sulphide veining
and geophysical anomalies.
Recent drilling has intersected a
vertically zoned hydrothermal system
, with upper intervals
characterized by brecciated and silica-flooded intrusive-volcanic contact zones hosting
chalcopyrite-
dominant sulphide mineralization
and associated
hematite alteration
(
see Figures 4 and 5)
. These
zones are interpreted to represent
peak metal deposition and remobilisation
within a copper-rich
hydrothermal breccia system.
Down-hole, mineralization transitions into
brecciated chlorite-epidote altered mafic intrusive
with
quartz-carbonate veining and reduced sulphide content, interpreted as deeper brittle
structural and
alteration
system. This vertical architecture is consistent with
multi-phase Archean hydrothermal
systems
observed elsewhere in the Kirkland Lake camp.
These results complement previously reported syenite-hosted contact mineralization intersected in drill
hole KLD25-31 (
released October 27, 2025
), and surface sampling returned
0.035 g/t Au, 12.75 g/t Ag,
1,395 ppm Cu, and 1,235 ppm Bi
(
released July 9, 2025
). Collectively, drilling and geochemical results
reinforce the interpretation of a
fertile intrusive-contact-controlled mineralizing system
with
potential for copper-rich mineralization and associated gold along favourable structural corridors.
Figure 4 - KLD26-48 - 378.0 m to 378.5 m - Winnie Lake Area - An interval of a quartz-carbonate vein
hosted within altered gabbro, with visible wall-rock interaction and brecciation. The vein is composed
of massive to brecciated white quartz and carbonate, with fragments of altered gabbro and syenite host
rock incorporated into the vein margins. Surrounding the vein is a pronounced alteration halo marked
by chlorite-carbonate alteration and localized hematite staining, indicating strong hydrothermal
overprinting of the gabbro.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/281208_29bc890444a84810_004full.jpg
Figure 5 - KLD26-48 - 377.8m to 378.0m - Winnie Lake Area - close-up of the upper portion of the
same vein, highlighting coarse chalcopyrite mineralization hosted within the quartz-carbonate matrix.
Chalcopyrite occurs as irregular blebs and fracture-controlled patches, locally concentrated along
brecciated zones within the vein. The sulphide mineralization is spatially associated with iron-oxide-
rich selvages and late quartz, indicating deposition during a late hydrothermal phase. These textures
are consistent with structurally focused sulphide mineralization within a reactivated vein system.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/281208_29bc890444a84810_005full.jpg
Nine Mile Area
KLDC plans to drill-test a
1.5 km² intrusion-related gold soil anomaly
along the northwestern margin
of the WLS.
This anomaly is characterized by elevated
Au-Bi-Cu-Mo-W
values and is coincident with
electromagnetic conductivity anomalies and zones of magnetic destruction,
geophysical
signatures commonly associated with hydrothermal alteration surrounding mineralized intrusive systems.
Next Steps
The Company has received all required drilling permits for the Kirkland Lake West (KLW) region,
allowing drilling to proceed across multiple high-priority geophysical and geochemical targets, including
the Amikougami Lake Shear Zone and the Leahy-Queenston target area. Concurrently, drilling will
continue at the Nine Mile and Winnie Lake target areas to further evaluate and refine the extent of
mineralization. The Company also plans to return to the Wolverine Bend area to follow up on and extend
previously identified mineralization.
Quality Control Statement
True widths are estimated at approximately 65-80% of the reported core length intervals. Assays are
uncut except where indicated. All NQ drill core samples were analyzed at ALS Laboratories in Ontario,
Québec and British Columbia.
Gold analyses were completed using industry-standard fire assay methods with atomic absorption finish,
with selected samples re-analyzed using gravimetric methods where warranted. Multi-element analyses
were conducted using industry-standard ICP-AES and ICP-MS techniques. Selected intervals were also
analyzed using portable X-ray fluorescence (pXRF) for rapid multi-element screening and geological
interpretation; pXRF results are considered semi-quantitative and are not used for reporting compliant
assay results.
Drill program design, Quality Assurance/Quality Control ("QA/QC"), and interpretation of results were
conducted by qualified persons employing a QA/QC program consistent with National Instrument 43-101
and industry best practices. Certified reference standards and blanks were inserted into the sample
stream at regular intervals, approximately one control sample per 20 samples, to monitor analytical
accuracy and precision.
Video Footage
Cannot view this video?
Visit:
https://www.youtube.com/watch?v=u9jQXuid6LQ
The latest episode of KLDC's Treasure Hunters YouTube series features
video
of the core and
discussions with senior geologist Mike Kilbourne.
Qualified Person
The technical information contained in this news release has been reviewed and approved by
Benjamin
Cleland, P.Geo., Vice-President Exploration
, who is a Qualified Person as defined by 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-km
2
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 massive-sulphide deposits.
With exploration permits now in place, KLDC is positioned to advance a strong pipeline of drill-ready
targets at KL East and KL West, supported by multiple anomalous soil trends, historical mineral
showings, and structurally controlled intersections. 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
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 "forward-looking statements" within the meaning of applicable securities
legislation. All statements, other than statements of historical fact, are forward-looking statements.
Forward-looking statements in this news release relate to, among other things, future drill programs,
the results thereof, and the potential for new discoveries. 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. The Company does not assume any obligation to update
forward-looking statements of beliefs, opinions, projections, or other factors, should they change,
except as required by applicable securities laws. Mineralization hosted on adjacent and/or nearby
properties is not necessarily indicative of mineralization hosted on the Company's property.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction
and has neither approved nor disapproved the contents of this news release.
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