Kirkland Lake Discoveries Intersects 1.22 g/t Au over 69.5 m at New "Mirado West" Zone, Doubling Gold Footprint to over 1,300 m
Kirkland Lake Discoveries Intersects 1.22 g/t
Au over 69.5 m at New "Mirado West" Zone,
Doubling Gold Footprint to over 1,300 m
Toronto, Ontario--(Newsfile Corp. - September 2, 2026) - Kirkland Lake Discoveries Corp. (TSXV:
KLDC) (OTCQB: KLKLF) ("KLDC" or the "Company") is pleased to report the first two holes from the
regional testing around the Mirado deposit. MZ target holes KLM26-035 and KLM26-037 successfully
intersected multiple broad intervals of gold mineralization and high-grade gold. Mineralization and
alteration of these holes are consistent with the Mirado South Zone and are interpreted to be contiguous
with the historical deposit.
As such, the Company has renamed the MZ Zone to Mirado West. These
holes are part of the ongoing summer 2026 drill program at KL South Project, 18 km south of Kirkland
Lake, with 19 additional holes pending.
Highlights
KLM26-037 - 1.22 g/t Au over 69.50 m from 33.00 m including 5.67 g/t Au over 12.00 m
KLM26-035 - 0.35 g/t Au over 21.18 m from 19.50 m
and 0.65 g/t Au over 15.83 m from 65.20 m
and 0.34 g/t Au over 11.23 m from 95.50 m
and 36.72 g/t Au over 1.01 m from 174.50 m
and 0.89 g/t Au over 11.60 m from 222.40 m
Mineralization and alteration are consistent with the Mirado deposit, extending mineralization more
than 600 m west and bringing the lateral mineralized footprint to over 1,300 m.
19 holes pending results
Nine
from Mirado North and South
Four
from Mirado West
Six
regional targets
"The discovery at Mirado West is a transformative milestone for Kirkland Lake Discoveries. Intercepting
broad, near-surface mineralization validates our regional targeting and significantly scales up the
project," stated Stefan Sklepowicz, Chief Executive Officer.
"By extending our mineralized footprint to
over 1,300 metres, we are demonstrating that Mirado is part of a much larger, contiguous gold system.
With 19 holes still pending, including four more from this newly renamed Mirado West, we are eagerly
anticipating the rest of the summer program's results."
"Today we've essentially doubled the east-west extent of the Mirado deposit, with perhaps the best hole
we've drilled to date in and around Mirado," said Denis Laviolette, Executive Chairman. "This will have
large implications in the future when we look to incorporate new drilling into a future resource update
using both new expansion drilling and modern metals pricing and cutoff sensitivities."
Drill Program Discussion
Assay results from drill holes KLM26-035 and KLM26-037 represent a significant development in
KLDC's geological understanding of the Mirado project. The current release includes two key holes
targeting the newly renamed
Mirado West
(formerly the MZ target), located to the west of the main
Mirado deposit (see Figures 1 and 2).
Figure 1
- Plan map of the Mirado deposit showing 2026 drilling, gold assay composites, historical
surface sampling and the historical mineralized footprint.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/312542_8e937b47649489e3_001full.jpg
Figure 2
- Simplified long-section and cross-section views of drilling at Mirado. The historical
mineralized shell is shown in orange, with current release drill holes highlighted in green and drill assay
composites coloured by gold grade.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/312542_8e937b47649489e3_002full.jpg
In Mirado West, hole
KLM26-037
successfully intersected a broad, near-surface zone of mineralization,
returning
1.22 g/t Au over 69.50 m
starting from 33.00 m. This broad intercept includes a strong high-
grade core of
5.67 g/t Au over 12.00 m
. Hole
KLM26-035
, drilled from the same pad in the opposite
direction, intersected multiple horizons of gold mineralization starting near surface and continuing at
depth, showcasing the wide, continuous nature of the mineralized envelope in this new area. Notable
intervals in KLM26-035 include
0.35 g/t Au over 21.18 m
from 19.50 m,
0.65 g/t Au over 15.83 m
from
65.17 m, and a deeper high-grade intercept of
36.72 g/t Au over 1.01 m
from 174.49 m,
see Table 1
and Figure 3
.
These intercepts demonstrate that the mineralization and alteration styles observed at Mirado West are
consistent with those of the Mirado South Zone and are interpreted to be part of a contiguous system.
This successful step-out effectively extends the known mineralization more than 600 m to the west,
immediately expanding the lateral mineralized footprint of the Mirado system to over 1,300 m wide.
Exploration momentum continues at the KL South Project. The Company is currently awaiting assay
results from 19 additional holes from the ongoing summer 2026 drill program. These pending holes
include:
Nine holes from Mirado North and South
Four holes from Mirado West
Six holes from regional targets
Table 1 -
Mirado West Drill Results
Drill Hole
From (m)
To (m)
Interval (m)
Au (g/t)
Zone
KLM26-035
19.50
40.68
21.18
0.35
Mirado West
and
55.50
57.00
1.50
0.40
Mirado West
and
65.17
81.00
15.83
0.65
Mirado West
and
95.50
106.73
11.23
0.34
Mirado West
and
116.50
121.50
5.00
0.23
Mirado West
and
124.50
126.00
1.50
0.27
Mirado West
and
161.00
165.00
4.00
0.35
Mirado West
and
174.49
175.50
1.01
36.72
Mirado West
and
194.44
195.50
1.06
0.76
Mirado West
and
222.40
234.00
11.60
0.89
Mirado West
including
225.82
228.12
2.30
3.70
Mirado West
KLM26-037
33.00
102.50
69.50
1.22
Mirado West
including
41.00
53.00
12.00
5.67
Mirado West
and
127.00
134.00
7.00
0.23
Mirado West
and
277.00
278.00
1.00
0.56
Mirado West
Figure 3
- Au assays from KLM26-035 & KLM26-037.
Mineralized halo highlighted where Au
mineralization is above 0.1 g/t and < 7 m gap.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5701/312542_8e937b47649489e3_003full.jpg
Digital Resources
Stakeholders can explore KLDC's drilling through a publicly accessible
interactive 3D model
hosted by
Mining Hub, which illustrates drill-hole data, mineralized intervals and interpreted target areas. The
latest
episode
of
KLDC's Treasure Hunters
video series also provides an on-site update on drilling and
exploration progress. VP Exploration Ben Cleland and the geological team discuss the latest results and
the ongoing Mirado drill program.
Cannot view this video?
Visit:
https://www.youtube.com/watch?v=XYARDH2TwK4
Data Verification & Quality Assurance/Quality Control (QA/QC)
Gold analyses were completed on half-core NQ samples at Paragon Geochemical Laboratory
(independent of KLDC) using Chrysos PhotonAssay technology. PhotonAssay is a non-destructive
method that uses high-energy X-rays to measure gold in large approximately 500 g samples, reducing
sampling variability associated with coarse gold mineralization and allowing the retained material to
remain available for additional analysis.
Table 2
- Paragon Sample Preparation and Analytical Methods
Analysis
Code
Location
Preparation
PREP-PKG
Timmins, Ontario, Canada
Photon and Fire Assay
PA-AU01, Au-SCR1K
Surrey, British Columbia | Hamilton, Ontario, Canada
Multi-Element
33MA-OES
Sparks, Nevada, USA
Samples returning gold values above the 350 g/t upper detection limit of the PhotonAssay method are
reanalyzed using a 1 kg screen fire assay. The sample is sieved at 110 microns, the coarse fraction is
analyzed gravimetrically, and the fine fraction is analyzed in duplicate by AAS; the combined result
provides a representative total gold value for samples that may contain coarse gold.
Drill program design, QA/QC and interpretation of results are conducted by qualified persons consistent
with National Instrument 43-101 and industry best practices. Certified reference standards and blanks
are inserted into the sample stream at regular intervals, approximately one control sample per twenty
samples, to monitor analytical accuracy and precision.
Reported intervals are calculated using length-weighted average grades with a nominal 0.2 g/t Au cutoff.
To reflect continuity within the broader mineralized system, up to 6.9 m of consecutive internal dilution
below cutoff is included within selected composites. Reported assays are uncut and no top cut has been
applied. All intervals are reported as downhole core lengths. True widths at Mirado are estimated at
approximately 80% of reported core lengths.
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) (OTCQB: KLKLF) has assembled a 420 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 in place, KLDC is positioned to advance a pipeline of drill-ready targets at KL
South, KL West and KL East, supported by anomalous soil trends, historical mineral showings and
structurally controlled intersections.
For additional information, please contact:
Stefan Sklepowicz
Chief Executive Officer
Phone:
+1 226-979-3515
Email:
Website:
www.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 "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 include, but are not limited to, statements concerning
updating the Mirado 3D model, interpretation of mineralized continuity and geometry, selection of follow-
up drill targets and future exploration at Mirado. Generally, forward-looking statements can be identified
by terminology such as "plans", "expects", "is expected", "estimates", "intends", "anticipates",
"believes", "may", "could", "would", "might" or "will".
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that
may cause actual results, performance or achievements to differ materially from those expressed or
implied, including the results and interpretation of exploration and drilling activities, the reliability of
historical data, commodity prices and general economic, market or business conditions. There can be
no assurance that forward-looking statements will prove accurate, as actual results and future events
could differ materially from those anticipated. Readers should not place undue reliance on forward-
looking statements. The Company does not undertake to update such statements except in accordance
with applicable securities laws.
Additional information is available under the Company's profile on
SEDAR+
.
Table 3
- Mirado Drill-Hole Collars and Assay Coverage
Drill Hole
Easting
Northing
Azimuth (deg)
Inclination (deg)
Final Length (m)
Target
Assay Status
KLM26-035
586635
5318381
60
-50
360
Mirado West
Results reported
KLM26-037
586635
5318381
240
-50
354
Mirado West
Results reported
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