Kirkland Lake Discoveries Expands Polymetallic System at Winnie Lake, Transitions to OTCID from OTC Pink
Kirkland Lake Discoveries Expands
Polymetallic System at Winnie Lake,
Transitions to OTCID from OTC Pink
Toronto, Ontario--(Newsfile Corp. - July 24, 2025) -
Kirkland Lake Discoveries (TSXV: KLDC)
(OTCID: KLKLF) ("KLDC" or the "Company")
is pleased to announce assay results from its latest
round of channel sampling at the Winnie Lake project, located in Ontario's Abitibi Greenstone Belt.
Results confirm the presence of a broad, copper-enriched system with associated zinc, silver, and iron,
located both within and around the Winnie intrusion.
The work builds on KLDC's recent surface discoveries and geophysical targeting and supports multiple
compelling targets for the Company's upcoming inaugural drill program at Winnie Lake.
Exploration Highlights
Additional High-Grade Copper Confirmed at Surface
A 1.2-metre channel sample (Figure 1) from the Mini Winnie magnetite zone, located 115m northwest of
the Winnie Shaft, returned:
2.051% copper (Cu), 735 g/t bismuth (Bi), 0.108 g/t gold (Au), 43% Iron (Fe), 5.5 g/t silver (Ag) and
2654 g/t vanadium (V) over 0.6m, and
0.046% Cu, 193 g/t Bi, 0.055 g/t Au, 44.5% Fe, 3.9 g/t Ag and 2522 g/t V over 0.6m
Figure 1.
Copper concentrations (Cu ppm) from surface channel sampling at the Mini Winnie and
Winnie Shaft showings, displayed over the 1VD (1st Vertical Derivative) magnetic background from
2025 drone magnetic survey. Higher copper values (up to 20,510 ppm or 2.051%) are associated with
copper-rich sulphides along the contact between magnetite-bearing intrusive rocks and surrounding
units. Channel samples at Mini Winnie demonstrate strong near-surface Cu enrichment over ~115 m
from the historical Winnie Shaft, highlighting the potential continuity of mineralization.
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The style of mineralization, copper-rich sulphides hosted along the contact of magnetite-bearing intrusive
rocks, closely mirrors that of the Winnie shaft. Importantly, the 115-metre gap between Mini Winnie and
the shaft remains completely untested, representing a priority target for drilling with the potential to define
a continuous mineralized corridor.
Wider Polymetallic Envelope Identified at Winnie Shaft Area
A 14-metre channel at the Winnie Shaft returned elevated copper (up to 0.7%) and coincident elevated
zinc (up to 0.3%) values. Disseminated and massive sulphides were observed both within and adjacent
to the intrusive, suggesting a broader near-surface polymetallic envelope with scalable exploration
potential.
Quartz Veining Within the Intrusion Remains a Priority
A 17-metre channel sampled across a strongly quartz-veined corridor in the central portion of the
intrusion returned trace sulphide mineralization and subtle but meaningful geochemical responses,
including Bi averaging 35.5 g/t over the full interval (Figure 2), a notable result given the dominance of
wall rock over vein material in the channel.
Figure 2.
Bismuth concentrations (Bi ppm) from surface channel samples collected along a strongly
quartz-veined corridor within the central portion of the Winnie Lake intrusion. Channel samples reveal
elevated Bi values (up to 50 ppm) associated with veining and alteration, plotted over a 1st Vertical
Derivative (1VD) magnetic background derived from the 2025 drone-based magnetic survey.
To view an enhanced version of this graphic, please visit:
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This is particularly intriguing because previous sampling had shown elevated Bi values primarily within
the quartz veins themselves. The elevated average in this broader interval suggests potential for a more
diffuse geochemical halo or wider mineralized system, possibly related to internal fluid movement or
proximity to a more concentrated mineralized core. The zone remains a key structural and geological
feature for follow-up.
Targeting Underway for Inaugural Drill Program
The Company is finalizing targets for a summer drill campaign to test the core of the system and
evaluate the continuity of copper and polymetallic mineralization at depth. Drill permits have already
been received.
"This is a big step forward," said
Stefan Sklepowicz
, CEO of Kirkland Lake Discoveries. "We now have
multiple mineralized zones, strong copper numbers at surface, and untested ground between the zones.
We're building a compelling story for a scalable copper-polymetallic system, and we're ready to drill it."
Increased U.S. Market Exposure
Kirkland Lake Discoveries is pleased to announce its transition from the Pink Sheets to the OTCID
Market, a move that reflects the Company's ongoing commitment to transparency, improved disclosure,
and expanding visibility among U.S. investors. This transition enhances the Company's market access to
a broader investor base and supports our long-term strategy of building shareholder value through
responsible growth and communication. The Company will continue to trade on the TSX Venture
Exchange under the symbol "KLDC" and on the OTCID Market under the symbol "KLKLF."
Video Footage Available
Senior geologist Drake Hyden and Stefan Sklepowicz discuss the results of the channel samples in the
most recent episode of KLDC's Treasure Hunters
YouTube channel
.
QA/QC Protocol
Channel samples were cut by a diamond saw. A certified reference material was inserted into the
sample sequence at a frequency of one per 20 samples. Samples were shipped to MSA Labs in
Timmins, Ontario. Samples were analyzed in Timmins by Fire Assay (analytical code FAS-121).
Samples were prepared for a multi-element 4-acid digestion method (code ICP-230) and shipped by
MSA to their laboratory in Langley, BC for analysis. MSA is a certified and accredited laboratory service.
MSA routinely inserts certified reference materials, blanks and pulp duplicates, and results of all QC
samples are reported.
QP Statement
The technical information contained in this news release has been approved by Mike Kilbourne, P.Geo.,
Senior geologist and independent contractor, 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-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 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
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.
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