1) Kirkland Lake Gold is forecasting gold production of 500,000-525,000 ounces in 2017 from its Canadian and Australian operations, with an operating cash cost of $625-675 per ounce and all-in sustaining costs of $950-1000 per ounce.
2) As of December 31, 2016, Kirkland Lake Gold had a strong cash position of US$234 million and net cash of US$145 million after accounting for convertible debentures.
3) The company has a significant exploration budget of US$45-55 million planned for 2017 to evaluate expansion and discovery opportunities across its district-scale land holdings.
This corporate presentation by Alamos Gold provides an overview of the company and its operations. Key points include:
- Alamos is a mid-tier gold producer with diversified production of 400,000-430,000 ounces from three North American mines in 2017.
- Costs are expected to decrease in 2017, with all-in sustaining costs projected to decline 7% to $940 per ounce.
- The company has a pipeline of six development projects that will support long-term growth in a disciplined manner.
- Alamos has a strong balance sheet with $492 million in pro forma cash to fund growth initiatives and debt repayment.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 27, 2017. The presentation included:
1) Cautionary statements regarding the forward-looking nature of estimates and expectations in the presentation.
2) An overview of Newmont's strategy to deliver long-term shareholder value through steady long-term gold production, ongoing cost discipline and capital investment in profitable growth projects.
3) Details on Newmont's consistently strong operational and financial results in recent years, as well as leading safety and sustainability performance.
Newmont Mining Corporation reported its Q1 2017 earnings. Gold production for Q1 was 1.2 Moz, up 9% year-over-year and the company remains on track to meet its full-year guidance of 4.9-5.4 Moz. All-in sustaining costs for Q1 were $900/oz, below guidance. Newmont also approved expansions at its Ahafo mine in Africa, which will improve profitability and mine life. The expansions include an underground mine and mill expansion.
This document provides an overview and schedule for the Unearthing the Future International Convention, Trade Show & Investors Exchange taking place in Toronto, Canada from March 5-8, 2017. It discusses SEMAFO's assets in West Africa including their Mana Mine in Burkina Faso and the construction of their new Natougou Mine, which is scheduled to begin production in the second half of 2018. It also summarizes their exploration and growth strategy, social investment programs, and 2017 operational priorities.
Kinross Gold Corporation presented at the BMO Capital Markets Global Mining & Metals Conference on February 26-28, 2017. Kinross has a diverse portfolio of operating mines that consistently meet or outperform operational targets. Kinross is advancing high-quality organic development projects that offer opportunities to expand production or extend mine life at existing operations. These projects include the two-phased expansion at Tasiast and developing the potential at Bald Mountain. Kinross maintains a strong balance sheet and financial flexibility to fund its projects.
Kinross Gold Corporation has operated successfully in Russia's Far East for over 20 years. It has invested over $3 billion and paid over $2.7 billion in taxes and other payments. Kinross operates the Kupol and Dvoinoye mines, which together produce over 4,500 tonnes of ore per day. Kinross has also had success exploring and developing satellite deposits near its existing mines and has several high potential exploration targets to continue expanding the mine life at Kupol.
- The document is Yamana Gold's first quarter report from 2017, which provides an overview of the company's performance and outlook.
- It discusses Yamana's progress on its six pillar approach, including improving operations, advancing development projects, strengthening its balance sheet, making exploration discoveries, growing its pipeline, and rationalizing non-core assets.
- Key highlights mentioned are that production and costs were better than budget in Q1, consolidated gold production guidance was increased, and significant improvements are expected in the second half of 2017 across various operations.
BMO Capital Markets Global Metals & Mining Conference yamanagold2016
The document provides cautionary notes regarding forward-looking statements in a presentation for a metals and mining conference. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. It also cautions US investors that mineral resource classifications differ between Canadian and US standards. The document outlines non-GAAP financial measures used by the company and definitions of EBITDA and EBITDA margin. It states that all dollar amounts in the presentation are in US dollars unless otherwise indicated.
This corporate presentation by Alamos Gold provides an overview of the company and its operations. Key points include:
- Alamos is a mid-tier gold producer with diversified production of 400,000-430,000 ounces from three North American mines in 2017.
- Costs are expected to decrease in 2017, with all-in sustaining costs projected to decline 7% to $940 per ounce.
- The company has a pipeline of six development projects that will support long-term growth in a disciplined manner.
- Alamos has a strong balance sheet with $492 million in pro forma cash to fund growth initiatives and debt repayment.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 27, 2017. The presentation included:
1) Cautionary statements regarding the forward-looking nature of estimates and expectations in the presentation.
2) An overview of Newmont's strategy to deliver long-term shareholder value through steady long-term gold production, ongoing cost discipline and capital investment in profitable growth projects.
3) Details on Newmont's consistently strong operational and financial results in recent years, as well as leading safety and sustainability performance.
Newmont Mining Corporation reported its Q1 2017 earnings. Gold production for Q1 was 1.2 Moz, up 9% year-over-year and the company remains on track to meet its full-year guidance of 4.9-5.4 Moz. All-in sustaining costs for Q1 were $900/oz, below guidance. Newmont also approved expansions at its Ahafo mine in Africa, which will improve profitability and mine life. The expansions include an underground mine and mill expansion.
This document provides an overview and schedule for the Unearthing the Future International Convention, Trade Show & Investors Exchange taking place in Toronto, Canada from March 5-8, 2017. It discusses SEMAFO's assets in West Africa including their Mana Mine in Burkina Faso and the construction of their new Natougou Mine, which is scheduled to begin production in the second half of 2018. It also summarizes their exploration and growth strategy, social investment programs, and 2017 operational priorities.
Kinross Gold Corporation presented at the BMO Capital Markets Global Mining & Metals Conference on February 26-28, 2017. Kinross has a diverse portfolio of operating mines that consistently meet or outperform operational targets. Kinross is advancing high-quality organic development projects that offer opportunities to expand production or extend mine life at existing operations. These projects include the two-phased expansion at Tasiast and developing the potential at Bald Mountain. Kinross maintains a strong balance sheet and financial flexibility to fund its projects.
Kinross Gold Corporation has operated successfully in Russia's Far East for over 20 years. It has invested over $3 billion and paid over $2.7 billion in taxes and other payments. Kinross operates the Kupol and Dvoinoye mines, which together produce over 4,500 tonnes of ore per day. Kinross has also had success exploring and developing satellite deposits near its existing mines and has several high potential exploration targets to continue expanding the mine life at Kupol.
- The document is Yamana Gold's first quarter report from 2017, which provides an overview of the company's performance and outlook.
- It discusses Yamana's progress on its six pillar approach, including improving operations, advancing development projects, strengthening its balance sheet, making exploration discoveries, growing its pipeline, and rationalizing non-core assets.
- Key highlights mentioned are that production and costs were better than budget in Q1, consolidated gold production guidance was increased, and significant improvements are expected in the second half of 2017 across various operations.
BMO Capital Markets Global Metals & Mining Conference yamanagold2016
The document provides cautionary notes regarding forward-looking statements in a presentation for a metals and mining conference. It notes that forward-looking statements involve risks and uncertainties that could cause actual results to differ from expectations. It also cautions US investors that mineral resource classifications differ between Canadian and US standards. The document outlines non-GAAP financial measures used by the company and definitions of EBITDA and EBITDA margin. It states that all dollar amounts in the presentation are in US dollars unless otherwise indicated.
Corporate presentation january 2017 v finalnewgold2011
This corporate presentation provides cautionary statements regarding forward-looking information in the document. It notes that all dollar amounts are in US dollars unless otherwise stated. It also outlines key assumptions and risk factors that could cause actual results to differ from forward-looking statements. Forward-looking statements include production guidance, resource and reserve estimates, construction timelines and costs for the Rainy River project, and other operating parameters. These statements are based on certain material assumptions regarding the business, including around political and economic conditions, commodity prices, exchange rates, costs, and permitting. However, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from expectations.
This document is the transcript from Kinross Gold Corporation's Q2 2017 results conference call. Some key points:
- Kinross is on track to meet its 2017 guidance targets for the sixth consecutive year, including producing 2.5-2.7 million ounces of gold at a production cost of sales of $660-720 per ounce and all-in sustaining costs of $925-1,025 per ounce.
- The two-phased expansion at Tasiast is progressing well, with phase one approximately 55% complete and on budget for commercial production in Q2 2018. Kinross will finalize the phase two feasibility study in September.
- Bald Mountain is expected to double its production with reduced
New gold presentation june 2017 v finalnewgold2011
This corporate presentation provides cautionary statements regarding forward-looking information and key characteristics of New Gold's portfolio. It discusses New Gold's assets in top-rated jurisdictions, including operating mines and development projects. New Gold has 14.7 million ounces of gold reserves, over 90% located in Canada. Its first quarter 2017 all-in sustaining costs were $597 per ounce. Growth projects have the potential to increase annual production to approximately 800,000 ounces.
- The document contains forward-looking statements regarding the company's strategy, plans, performance, and portfolio that are subject to various risks and uncertainties.
- In 2016, the company met production and cost guidance, improved mine plans, advanced development projects, and increased cash flow and net free cash flow.
- For 2017, the company provides production and cost guidance for its mines that is in line with 2016 levels and outlines a three-year production plan with increasing gold, silver, and copper production through 2019.
New gold baml global metals, mining & steel conference 16 18 may 2017newgold2011
New Gold provides a corporate presentation outlining its portfolio of assets located in top-rated mining jurisdictions. The presentation cautions that statements regarding future performance are forward-looking in nature. New Gold has a diverse portfolio including operating mines and development projects with potential for 800,000 ounces of annual gold production. Key priorities for 2017 include executing on an updated plan for the Rainy River project in Ontario, Canada, advancing organic growth projects, and enhancing financial flexibility.
1. The document discusses forward-looking information and statements regarding Stornoway Diamond Corporation's Renard Diamond Mine in Quebec. It contains risks and uncertainties that could cause actual results to differ from expectations.
2. Key highlights from 2016 include commercial production beginning January 1st, producing 448,887 carats at 112 carats per hundred tonnes, and completing 3 sales.
3. The underground mine development is in ore at the 160m level and total open pit mining in 2016 was over 7.8 million tonnes, significantly exceeding the plan.
Operations continue to deliver strong performance in the second quarter of 2017, with total gold production of 427,743 ounces and total cash costs per ounce of $556. Infill and exploration drilling at multiple properties, including LaRonde and Amaruq, yielded positive results that are expected to result in mineral resource additions and conversions. The Meliadine project is progressing on schedule and budget, with underground development ahead of plan and engineering 80% complete at the end of June 2017.
This document provides an overview of Teranga Gold Corporation's presentation at the Swiss Mining Conference on March 22-23, 2017. It contains forward-looking statements regarding Teranga's growth plans, including anticipated construction activities and gold production at its Banfora gold project in Burkina Faso. It also provides Teranga's 2017 production outlook of 205,000-225,000 ounces of gold and discusses its producing asset in Senegal, development asset in Burkina Faso, and exploration opportunities in West Africa that position the company for growth.
- Detour Gold Corporation presented its corporate presentation for February 9-10, 2016.
- In 2015, Detour Gold achieved 505,558 ounces of gold production, an 11% increase over 2014, met its mining and milling targets, and estimated its 2015 all-in sustaining costs to be between $1,040-1,060 per ounce sold.
- For 2016, Detour Gold provided production guidance of 540,000-590,000 ounces of gold and estimated total cash costs of $675-750 per ounce and all-in sustaining costs of $840-940 per ounce.
Kinross Gold Corporation reported its fourth quarter and full-year 2015 results. Key highlights included meeting or exceeding its revised 2015 guidance by producing 2.6 million ounces of gold equivalent at a cost of sales of $696 per ounce and capital expenditures of $610 million. The company also acquired two producing mines in Nevada, enhancing its American portfolio. For 2016, Kinross expects to produce between 2.7-2.9 million ounces of gold equivalent at a reduced overhead expense of $165 million and capital expenditures of $595 million, excluding potential expansion at Tasiast.
Kinross Gold Corporation reported its Q1 2017 results and outlined its priorities for 2017. Key highlights include:
- Production of 671,956 Au eq. oz. in Q1 2017, on track to meet full-year guidance of 2.5-2.7 million Au eq. oz.
- Continued focus on cost discipline with production costs of $701/oz and AISC of $953/oz in Q1 2017.
- Advancing the two-phased expansion at Tasiast, with Phase One on schedule and budget.
- Strengthening the balance sheet through the sale of its Cerro Casale interest for $260 million in cash.
- Focus on organic growth
Newmont Mining Corporation reported its full year and Q4 2015 earnings. Key highlights include:
- The company lowered its all-in sustaining costs by 10% to $898/oz for 2015 and continued to deliver its strategy of improving the underlying business and strengthening its portfolio.
- Operationally, the company increased gold production by 4% to 5.0 million ounces in 2015 while lowering injury rates by 18% and reducing costs.
- Financially, the company increased adjusted EBITDA by 29% to $2.7 billion in 2015, more than doubled its free cash flow to $756 million, and lowered its net debt.
- Looking forward, the company aims to deliver safe and profitable
Kinross Gold Corp European Gold Forum PresentationKinrossGold
Kinross Gold Corporation is a gold mining company that produced 2.6 million ounces of gold equivalent in 2015, meeting or exceeding its revised guidance targets. For 2016, Kinross expects production of 2.7-2.9 million ounces at a cost of sales of $675-735 per ounce and all-in sustaining costs of $890-990 per ounce. Capital expenditures are forecasted to be $755 million. The Americas are expected to contribute 61% of 2016 production at a cost of sales of $730-790 per ounce from its six mines in the US, Brazil and Chile. Kinross has a diversified portfolio of operating mines and development projects globally.
062916 nevada mine tour presentation final printedKinrossGold
Kinross Gold Corporation hosted a mine tour at its Bald Mountain Mine in Nevada on June 29-30, 2016. The presentation provided an overview of Bald Mountain, including:
1) Bald Mountain is a large, open-pit heap leach gold mine in Nevada with significant mineral reserves and upside potential from resource conversion and exploration.
2) Near-term opportunities exist to potentially double mineral reserve estimates by the end of Q1 2017 through conversion of the Vantage Complex and Saga Extension.
3) Longer-term opportunities for further mine life extension include converting measured and indicated resources to reserves with additional drilling and permitting. Bald Mountain also has extensive exploration potential across its large land package.
100317 tasiast mine tour presentation finalKinrossGold
The document discusses Kinross Gold Corporation's Tasiast mine in Mauritania. It provides context on the mine's development history and plans for a two-phased expansion to transform it into a large, low-cost producer. The geology of the region is described, including encouraging drill results at the nearby Tasiast Sud area that indicate the potential for additional gold resources. An accelerated drill program and pre-feasibility study are underway to further evaluate the potential of Tasiast Sud.
Newmont Mining Corporation reported its Q1 2016 results. Key highlights included:
- Gold production of 1.2 million ounces, up 4% from the prior year quarter.
- AISC of $828 per ounce and 2016 outlook lowered by $20 per ounce.
- Adjusted EBITDA of $803 million on strong operating performance.
- Free cash flow of $227 million while continuing to self-fund profitable growth projects.
The document presents the results of a definitive feasibility study for expanding the Asanko Gold Mine's processing capacity. The expansion plan includes two modular phases: doubling processing to 5 million tonnes per year (Project 5 Million), and further doubling it to 10 million tonnes per year (Project 10 Million). Project 5 Million requires $150 million in capital and is expected to produce 230,000 ounces of gold per year at an all-in sustaining cost of $968 per ounce over a 20-year life of mine. Project 10 Million would require total expansion capital of $350 million and produce over 450,000 ounces of gold annually at $890 per ounce over an 8-year period.
- The document is a presentation by Wheaton Precious Metals describing their business model of precious metals streaming.
- They have a diversified portfolio of streaming agreements with operating mines and development projects around the world. This provides low-cost, long-life production of gold and silver.
- Key assets include Salobo, Peñasquito, Antamina, and Constancia, which account for the majority of their forecasted production over the next 5 years. They also discuss recent developments and exploration potential at several of these key mines.
The document discusses forward-looking information regarding Stornoway Diamond Corporation's Renard Diamond Mine in Quebec. It notes that forward-looking statements involve inherent risks and uncertainties. Key assumptions include the grade and quality of diamonds to be mined, as well as economic assumptions regarding diamond prices and costs. Actual results may differ materially from the projections depending on the validity of the assumptions and the materialization of the risks described.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 29, 2016. The presentation included forward-looking statements and cautioned that actual results could differ materially from expectations. It provided an overview of Newmont's strategy to improve the underlying business, strengthen its portfolio, and create shareholder value. Key highlights included ongoing cost and efficiency improvements, a focus on projects with long mine lives and lower costs, and strong financial and operating performance.
This document provides safety guidelines and procedures for visitors touring the Island Gold Mine. It outlines what personal protective equipment is required, such as hard hats, safety glasses, and steel-toed boots. It instructs visitors to stay with their guide at all times and not to engage in horseplay. Emergency procedures are also described, such as remaining calm and following a guide's instructions. The second part of the document discusses underground safety requirements like tagging in/out and using three points of contact to enter/exit vehicles. Medical assistance is available at all times during the tour.
Probe Metals is a well-funded gold explorer focused on its district-scale land package in Val-d'Or, Quebec. The company recently consolidated its land position to 327 km2 within the prolific Val-d'Or mining camp. An initial NI 43-101 resource estimate for the Val-d'Or East project indicated 770koz of gold at 2.6 g/t in the inferred category. Probe has $30 million in cash/investments and is conducting a 75,000m drill program aimed at expanding resources along the property's Pascalis Gold Trend. The company's management team has a track record of successful exploration and development projects.
Corporate presentation january 2017 v finalnewgold2011
This corporate presentation provides cautionary statements regarding forward-looking information in the document. It notes that all dollar amounts are in US dollars unless otherwise stated. It also outlines key assumptions and risk factors that could cause actual results to differ from forward-looking statements. Forward-looking statements include production guidance, resource and reserve estimates, construction timelines and costs for the Rainy River project, and other operating parameters. These statements are based on certain material assumptions regarding the business, including around political and economic conditions, commodity prices, exchange rates, costs, and permitting. However, forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from expectations.
This document is the transcript from Kinross Gold Corporation's Q2 2017 results conference call. Some key points:
- Kinross is on track to meet its 2017 guidance targets for the sixth consecutive year, including producing 2.5-2.7 million ounces of gold at a production cost of sales of $660-720 per ounce and all-in sustaining costs of $925-1,025 per ounce.
- The two-phased expansion at Tasiast is progressing well, with phase one approximately 55% complete and on budget for commercial production in Q2 2018. Kinross will finalize the phase two feasibility study in September.
- Bald Mountain is expected to double its production with reduced
New gold presentation june 2017 v finalnewgold2011
This corporate presentation provides cautionary statements regarding forward-looking information and key characteristics of New Gold's portfolio. It discusses New Gold's assets in top-rated jurisdictions, including operating mines and development projects. New Gold has 14.7 million ounces of gold reserves, over 90% located in Canada. Its first quarter 2017 all-in sustaining costs were $597 per ounce. Growth projects have the potential to increase annual production to approximately 800,000 ounces.
- The document contains forward-looking statements regarding the company's strategy, plans, performance, and portfolio that are subject to various risks and uncertainties.
- In 2016, the company met production and cost guidance, improved mine plans, advanced development projects, and increased cash flow and net free cash flow.
- For 2017, the company provides production and cost guidance for its mines that is in line with 2016 levels and outlines a three-year production plan with increasing gold, silver, and copper production through 2019.
New gold baml global metals, mining & steel conference 16 18 may 2017newgold2011
New Gold provides a corporate presentation outlining its portfolio of assets located in top-rated mining jurisdictions. The presentation cautions that statements regarding future performance are forward-looking in nature. New Gold has a diverse portfolio including operating mines and development projects with potential for 800,000 ounces of annual gold production. Key priorities for 2017 include executing on an updated plan for the Rainy River project in Ontario, Canada, advancing organic growth projects, and enhancing financial flexibility.
1. The document discusses forward-looking information and statements regarding Stornoway Diamond Corporation's Renard Diamond Mine in Quebec. It contains risks and uncertainties that could cause actual results to differ from expectations.
2. Key highlights from 2016 include commercial production beginning January 1st, producing 448,887 carats at 112 carats per hundred tonnes, and completing 3 sales.
3. The underground mine development is in ore at the 160m level and total open pit mining in 2016 was over 7.8 million tonnes, significantly exceeding the plan.
Operations continue to deliver strong performance in the second quarter of 2017, with total gold production of 427,743 ounces and total cash costs per ounce of $556. Infill and exploration drilling at multiple properties, including LaRonde and Amaruq, yielded positive results that are expected to result in mineral resource additions and conversions. The Meliadine project is progressing on schedule and budget, with underground development ahead of plan and engineering 80% complete at the end of June 2017.
This document provides an overview of Teranga Gold Corporation's presentation at the Swiss Mining Conference on March 22-23, 2017. It contains forward-looking statements regarding Teranga's growth plans, including anticipated construction activities and gold production at its Banfora gold project in Burkina Faso. It also provides Teranga's 2017 production outlook of 205,000-225,000 ounces of gold and discusses its producing asset in Senegal, development asset in Burkina Faso, and exploration opportunities in West Africa that position the company for growth.
- Detour Gold Corporation presented its corporate presentation for February 9-10, 2016.
- In 2015, Detour Gold achieved 505,558 ounces of gold production, an 11% increase over 2014, met its mining and milling targets, and estimated its 2015 all-in sustaining costs to be between $1,040-1,060 per ounce sold.
- For 2016, Detour Gold provided production guidance of 540,000-590,000 ounces of gold and estimated total cash costs of $675-750 per ounce and all-in sustaining costs of $840-940 per ounce.
Kinross Gold Corporation reported its fourth quarter and full-year 2015 results. Key highlights included meeting or exceeding its revised 2015 guidance by producing 2.6 million ounces of gold equivalent at a cost of sales of $696 per ounce and capital expenditures of $610 million. The company also acquired two producing mines in Nevada, enhancing its American portfolio. For 2016, Kinross expects to produce between 2.7-2.9 million ounces of gold equivalent at a reduced overhead expense of $165 million and capital expenditures of $595 million, excluding potential expansion at Tasiast.
Kinross Gold Corporation reported its Q1 2017 results and outlined its priorities for 2017. Key highlights include:
- Production of 671,956 Au eq. oz. in Q1 2017, on track to meet full-year guidance of 2.5-2.7 million Au eq. oz.
- Continued focus on cost discipline with production costs of $701/oz and AISC of $953/oz in Q1 2017.
- Advancing the two-phased expansion at Tasiast, with Phase One on schedule and budget.
- Strengthening the balance sheet through the sale of its Cerro Casale interest for $260 million in cash.
- Focus on organic growth
Newmont Mining Corporation reported its full year and Q4 2015 earnings. Key highlights include:
- The company lowered its all-in sustaining costs by 10% to $898/oz for 2015 and continued to deliver its strategy of improving the underlying business and strengthening its portfolio.
- Operationally, the company increased gold production by 4% to 5.0 million ounces in 2015 while lowering injury rates by 18% and reducing costs.
- Financially, the company increased adjusted EBITDA by 29% to $2.7 billion in 2015, more than doubled its free cash flow to $756 million, and lowered its net debt.
- Looking forward, the company aims to deliver safe and profitable
Kinross Gold Corp European Gold Forum PresentationKinrossGold
Kinross Gold Corporation is a gold mining company that produced 2.6 million ounces of gold equivalent in 2015, meeting or exceeding its revised guidance targets. For 2016, Kinross expects production of 2.7-2.9 million ounces at a cost of sales of $675-735 per ounce and all-in sustaining costs of $890-990 per ounce. Capital expenditures are forecasted to be $755 million. The Americas are expected to contribute 61% of 2016 production at a cost of sales of $730-790 per ounce from its six mines in the US, Brazil and Chile. Kinross has a diversified portfolio of operating mines and development projects globally.
062916 nevada mine tour presentation final printedKinrossGold
Kinross Gold Corporation hosted a mine tour at its Bald Mountain Mine in Nevada on June 29-30, 2016. The presentation provided an overview of Bald Mountain, including:
1) Bald Mountain is a large, open-pit heap leach gold mine in Nevada with significant mineral reserves and upside potential from resource conversion and exploration.
2) Near-term opportunities exist to potentially double mineral reserve estimates by the end of Q1 2017 through conversion of the Vantage Complex and Saga Extension.
3) Longer-term opportunities for further mine life extension include converting measured and indicated resources to reserves with additional drilling and permitting. Bald Mountain also has extensive exploration potential across its large land package.
100317 tasiast mine tour presentation finalKinrossGold
The document discusses Kinross Gold Corporation's Tasiast mine in Mauritania. It provides context on the mine's development history and plans for a two-phased expansion to transform it into a large, low-cost producer. The geology of the region is described, including encouraging drill results at the nearby Tasiast Sud area that indicate the potential for additional gold resources. An accelerated drill program and pre-feasibility study are underway to further evaluate the potential of Tasiast Sud.
Newmont Mining Corporation reported its Q1 2016 results. Key highlights included:
- Gold production of 1.2 million ounces, up 4% from the prior year quarter.
- AISC of $828 per ounce and 2016 outlook lowered by $20 per ounce.
- Adjusted EBITDA of $803 million on strong operating performance.
- Free cash flow of $227 million while continuing to self-fund profitable growth projects.
The document presents the results of a definitive feasibility study for expanding the Asanko Gold Mine's processing capacity. The expansion plan includes two modular phases: doubling processing to 5 million tonnes per year (Project 5 Million), and further doubling it to 10 million tonnes per year (Project 10 Million). Project 5 Million requires $150 million in capital and is expected to produce 230,000 ounces of gold per year at an all-in sustaining cost of $968 per ounce over a 20-year life of mine. Project 10 Million would require total expansion capital of $350 million and produce over 450,000 ounces of gold annually at $890 per ounce over an 8-year period.
- The document is a presentation by Wheaton Precious Metals describing their business model of precious metals streaming.
- They have a diversified portfolio of streaming agreements with operating mines and development projects around the world. This provides low-cost, long-life production of gold and silver.
- Key assets include Salobo, Peñasquito, Antamina, and Constancia, which account for the majority of their forecasted production over the next 5 years. They also discuss recent developments and exploration potential at several of these key mines.
The document discusses forward-looking information regarding Stornoway Diamond Corporation's Renard Diamond Mine in Quebec. It notes that forward-looking statements involve inherent risks and uncertainties. Key assumptions include the grade and quality of diamonds to be mined, as well as economic assumptions regarding diamond prices and costs. Actual results may differ materially from the projections depending on the validity of the assumptions and the materialization of the risks described.
Gary Goldberg, President and CEO of Newmont Mining Corporation, presented at the BMO Metals & Mining Conference on February 29, 2016. The presentation included forward-looking statements and cautioned that actual results could differ materially from expectations. It provided an overview of Newmont's strategy to improve the underlying business, strengthen its portfolio, and create shareholder value. Key highlights included ongoing cost and efficiency improvements, a focus on projects with long mine lives and lower costs, and strong financial and operating performance.
This document provides safety guidelines and procedures for visitors touring the Island Gold Mine. It outlines what personal protective equipment is required, such as hard hats, safety glasses, and steel-toed boots. It instructs visitors to stay with their guide at all times and not to engage in horseplay. Emergency procedures are also described, such as remaining calm and following a guide's instructions. The second part of the document discusses underground safety requirements like tagging in/out and using three points of contact to enter/exit vehicles. Medical assistance is available at all times during the tour.
Probe Metals is a well-funded gold explorer focused on its district-scale land package in Val-d'Or, Quebec. The company recently consolidated its land position to 327 km2 within the prolific Val-d'Or mining camp. An initial NI 43-101 resource estimate for the Val-d'Or East project indicated 770koz of gold at 2.6 g/t in the inferred category. Probe has $30 million in cash/investments and is conducting a 75,000m drill program aimed at expanding resources along the property's Pascalis Gold Trend. The company's management team has a track record of successful exploration and development projects.
- Production for Q1 2016 was a record 32,369 ounces of gold, a 25% increase over Q1 2015, driven by a record quarter from Island Gold. Cash costs and AISC both decreased by 18% and 12% respectively.
- Revenue was a record $52.6 million for Q1 2016. The company has a strong cash position of $61.2 million and is well positioned for organic growth at its mines in Quebec and Ontario.
- Exploration continues to show potential to expand resources at Island Gold both laterally and at depth. Drilling results compare favorably to the previous deep resource block.
The document provides an overview of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include record gold production in Q1 2016 at the Island Gold mine, increasing reserves at Island Gold by 206% and extending its mine life to 7 years, and outlining a $29 million Phase 2 exploration program and organic growth plan to further unlock the potential at Island Gold.
The document discusses Richmont Mines' assets and growth strategy. It summarizes that in Q1 2016:
- Richmont saw record gold production at its Island Gold mine in Ontario.
- Mineral reserves increased 187% overall since 2012, with a 206% increase at Island Gold.
- Cash costs are declining and production is expected to increase further under the preliminary economic assessment outlined for Island Gold, which envisions average annual production of 78,000 ounces of gold from 2017-2022.
Richmont Mines reported third quarter 2016 financial results and operational highlights. Key points include:
- In-line production at Island Gold mine in Q3, with positive reconciliation of 37% compared to reserves.
- Beaufor mine production was lower due to equipment availability issues, but costs are expected to decrease as higher grade stoping increases.
- Strong cash position of $78.9 million to fund potential expansion at Island Gold to 1,100 tpd production.
- Near-mine drilling continuing to expand resources at Island Gold to incorporate in expansion study in H1 2017.
The document discusses Richmont Mines' Island Gold Mine and its positioning for growth. It summarizes that Q3 production was in line with expectations and there continues to be a positive reconciliation to reserves of 37% year-to-date. It also outlines opportunities to increase production capacity at Island Gold through a preliminary economic assessment exploring expansion scenarios to 1,100 or 1,200 tonnes per day.
Richmont Mines is positioning itself for sustainable growth through its quality asset base in Canada including its growing production profile from the high-grade Island Gold Mine. The company is on track to meet or exceed revised 2016 guidance and has a strong balance sheet to fund its strategic growth plan. Recent exploration drilling continues to demonstrate potential for resource expansion at Island Gold laterally and at depth.
- Richmont Mines has a quality asset base in Canada including its Island Gold and Beaufor mines, with a growing production profile and decreasing cost structure.
- In 2015, mineral reserves increased 187% overall, with a 206% increase at Island Gold and a 95% increase at Beaufor, extending mine lives.
- At Island Gold, a preliminary economic assessment outlined an average annual production of 78,000 ounces of gold from 2017-2022 at cash costs of C$552/oz. An expansion to 1,150 tpd is being considered.
- For 2016, consolidated gold production is estimated at 87,000-97,000 ounces at cash costs of C$930-C$1,000
Richmont Mines is a Canadian gold producer with quality assets in Canada. In Q1 2016, Island Gold mine achieved record production of 26,589 ounces at a cash cost of $674 per ounce. A preliminary economic assessment for Island Gold outlined an average annual production rate of 78,000 ounces per year from 2017-2022 at a cash cost of $552 per ounce. The assessment indicated potential for expanded production up to 1,150 tonnes per day pending a decision in first half of 2017. Richmont has a strong balance sheet with $61.2 million in cash and $9 million in debt to support its growth plans.
Richmont Mines is positioning itself for sustainable growth through its quality Canadian asset base and growing production profile. In 2017, Richmont expects gold production to increase up to 15% to 120,000 ounces, while cash costs per ounce are forecast to decrease up to 8% to $640. At the Island Gold Mine, reserves increased 34% to 752,000 ounces at an 11% higher grade of 9.17 g/t gold. An expansion case preliminary economic assessment is planned in Q2 2017 to evaluate increasing throughput to 1,100 tpd.
- Richmont Mines reported fourth quarter and full year 2016 financial results on February 21, 2017.
- In 2016, the company achieved record annual gold production of 104,050 ounces, at the high end of guidance. Cash costs for the year were $908 per ounce sold, within guidance.
- At the Island Gold Mine, production was 83,323 ounces for 2016, exceeding the revised guidance range. Cash costs of $779 per ounce were below the revised guidance range.
- The company reported a strong cash position of $75.1 million as of December 31, 2016 and expects a growing cash flow stream to support a potential expansion at Island Gold.
This document provides a summary of Richmont Mines Inc., including its asset base in Canada, growing production profile, decreasing cost structure, and significant exploration potential. Key highlights include:
- Q2 gold production of 23,320 ounces at cash costs of $903 per ounce.
- Increased mineral reserves at Island Gold mine by 206% and Beaufor mine by 95%.
- Island Gold mine life extended to 7 years and Beaufor to over 2 years based on 2015 reserves.
- Preliminary Economic Assessment released for Island Gold outlining potential production expansion.
The document provides safety guidelines for an analyst site tour of Island Gold Mine. It outlines personal protective equipment requirements and safety procedures both above and underground. Special safety requirements are needed for underground, including tagging in/out and using three points of contact for vehicles. Island Gold had a record first quarter in 2016 with higher than planned gold production and grades mined, due to a positive grade reconciliation and increased development in a second, higher-grade mining horizon.
This document provides an overview of Richmont Mines Inc. and its Island Gold Mine. It discusses Richmont's vision, strategy, and assets. For Island Gold, it summarizes the geology, reserves and resources, operations, exploration potential, and 2016 guidance. Reserves at Island Gold increased 206% to 561,700 ounces, extending the mine life to 7 years. Operations are expected to produce 62,000-67,000 ounces in 2016 at lower costs than in 2015. Exploration aims to expand resources laterally and at depth.
The document discusses Richmont Mines' positioning for sustainable growth through its Canadian mining operations. Key points include:
- Reserves at Island Gold and Beaufor mines increased 187% in 2015, extending mine lives.
- Island Gold produced a record in Q1 2016 and guidance forecasts increasing production with declining costs. An expansion could increase throughput.
- A preliminary economic assessment outlines a multi-year plan to increase average annual production at Island Gold to 78,000 ounces at lower costs.
- Exploration programs aim to expand resources and discover new zones at both core mines and regionally around Island Gold.
Richmont Mines is positioned for sustainable growth with a quality asset base in Canada. Their reserves increased 187% in 2015, extending the mine life at Island Gold to 7 years and Beaufor to over 2 years. At Island Gold, they plan to increase production to 78,000 ounces annually from 2017-2022 at lower costs through expansion and exploration. Richmont has a strong balance sheet, low shares outstanding, and exposure to the favorable Canadian dollar to support their strategic growth plan through increasing production and cash flow.
1) Richmont Mines is a Canadian gold mining company with quality assets in Canada, including the Island Gold and Beaufor mines.
2) In 2015, Richmont achieved record revenues and strong operating cash flow, maintained a low debt level, and increased reserves at both mines.
3) For Island Gold, reserves increased 206% and mine life was extended to 7 years, while average annual production is forecast to increase to over 78,000 ounces through 2022 at lower costs.
- Richmont Mines provides a summary of its operational highlights for Q4 2016 and full-year 2016, noting it achieved record production and cash costs within revised guidance.
- The document discusses the Island Gold Mine specifically, noting 51% production increase over 2015 and 24% reduction in costs, with opportunities for further growth and decreasing costs profile.
- Preliminary estimates indicate potential for positive reserve adjustments at Island Gold from 2016 grade reconciliations being higher than the December 2015 reserve model.
August 2016 - Second Quarter 2016 Financial Results - August 8, 2016Adnet Communications
The document provides financial and operational results for Richmont Mines Inc. for the second quarter of 2016. Some key highlights include:
- Gold production of 23,320 ounces for Q2 2016, with cash costs of $903/ounce and AISC of $1,330/ounce.
- Strong performance at Island Gold mine, the company's flagship asset, with production growth of 24% compared to Q2 2015 and costs well below guidance.
- Overall company remains on track to meet or exceed 2016 consolidated guidance of 87,000-97,000 ounces of gold production.
Kirkland Lake Gold is a gold producer with operations in Canada and Australia. In 2017, it expects to produce 500,000-525,000 ounces of gold from five producing mines. Its cornerstone assets, the Macassa, Fosterville, and Taylor mines, are expected to produce 390,000 ounces in 2017. Kirkland Lake Gold believes it offers significant value as its enterprise value per ounce of 2017E production and price to 2017E cash flow are below peer averages, representing upside potential. It also has a strong balance sheet and targets low-cost production below $950-1,000 per ounce.
Kirkland Lake Gold provides a summary of its operations and financial position. It produced 295,838 ounces of gold in 2016, exceeding guidance of 270,000-290,000 ounces. Production from its Canadian operations, including the Macassa and Holt Mine Complexes, exceeded high end of guidance for 2016. Kirkland Lake has tier one gold mines in Canada and Australia, with projected 2017 production of 500,000-525,000 ounces. It has a strong balance sheet with $234 million in cash and projected costs of less than $675/oz and all-in sustaining costs of less than $1,000/oz. Kirkland Lake represents a significant value proposition compared to peers given its low enterprise value per ounce
1) KL Gold is forecasting gold production of 500,000-525,000 ounces in 2017 from its five gold mines located across Canada and Australia.
2) It has a strong balance sheet with $280 million in cash as of March 31, 2017 and low-cost production profile, with 2016 operating costs of $571/ounce and all-in sustaining costs of $923/ounce.
3) The company plans significant exploration spending of $45-55 million in 2017 to further unlock the discovery and expansion potential around its existing operations.
Kirkland Lake Gold is a gold producer with operations in Canada and Australia. It is targeting extensive organic growth through continued exploration success and reserve growth at its Fosterville mine in Australia and Macassa mine in Canada. Kirkland Lake Gold has reported significant exploration successes recently that have doubled reserves at Fosterville and increased reserves by 37% at Macassa. The company is also generating substantial free cash flow and has a strong balance sheet, positioning it to invest capital for further value creation.
This corporate presentation provides an overview of Kirkland Lake Gold's high-grade gold production assets in Australia and Canada, its financial strength and growth strategy. The company has two main producing assets, Fosterville in Australia and Macassa in Canada, which together accounted for 76% of gold production in the first nine months of 2017. Kirkland Lake is targeting extensive organic growth through increased production at Fosterville and Macassa, ongoing reserve growth through exploration success, and generating significant free cash flow.
This document provides an overview of Kirkland Lake Gold's operations and growth strategy. Some key points:
- Kirkland Lake Gold operates two high-grade, low-cost mines that account for 77% of production - Fosterville in Australia and Macassa in Canada.
- In 2017, the company exceeded production guidance of 596,000 ounces of gold at costs below guidance. Reserves also grew significantly at Fosterville and Macassa.
- The company is targeting 1 million ounces of annual gold production in 5-7 years through expansion of Fosterville and Macassa as well as growth at Taylor mine.
- Exploration success could further extend mine lives, with significant potential identified already at multiple sites.
-
Kirkland Lake Gold is a gold producer with operations in Canada and Australia. In 2017, the company achieved record production of 596,405 ounces of gold, beating its guidance. Kirkland Lake's two key assets, Fosterville in Australia and Macassa in Canada, accounted for 77% of 2017 production. Kirkland Lake is targeting production growth to over 1 million ounces per year within 5-7 years through organic growth projects at Fosterville and Macassa. The company plans increased investment in exploration to further expand resources and reserves.
Kirkland Lake Gold is a high-grade, low-cost gold producer with two key assets, Fosterville in Australia and Macassa in Canada. In the first half of 2017, Kirkland Lake produced over 290,000 ounces of gold and is on track to meet its 2017 guidance of 570,000-590,000 ounces. Fosterville has seen significant increases in its underground mineral reserves and is expected to be a key value driver, with production guidance increased to 250,000-260,000 ounces at significantly lower costs. Macassa also provides high-grade, low-cost production from its long-life reserves and large resource base. Exploration continues to expand resources at both key assets.
Kirkland Lake Gold is a gold producer with tier one gold assets in Canada and Australia. In 2016, the company exceeded production guidance of over 500,000 ounces of gold. Kirkland Lake Gold has a strong balance sheet with $234 million in cash and low-cost production below $600/ounce. The company's cornerstone mines, Macassa in Canada and Fosterville in Australia, have high gold grades of over 7 grams per tonne and significant exploration potential. Drilling at Fosterville continues to intersect high-grade gold at depth, demonstrating potential for further resource growth.
Kirkland lake gold investor presentation jan23 cibc finalkirklandlakegoldinc
Kirkland Lake Gold is a gold producer with tier one gold assets in Canada and Australia. In 2016, the company exceeded production guidance of over 500,000 ounces of gold. Kirkland has a strong balance sheet with $234 million in cash and low-cost production below $600/ounce. The company's cornerstone mines - Macassa, Fosterville, and Taylor - have exploration potential for resource growth and provide approximately 75% of production from high grade reserves. Drilling at Fosterville continues to intersect high gold grades at depth, demonstrating potential for further resource expansion at this cornerstone asset.
Kirkland lake gold investor presentation jan23 cibc finalkirklandlakegoldinc
Kirkland Lake Gold is a gold producer with tier one assets in Canada and Australia. In 2016, the company exceeded production guidance of over 500,000 ounces of gold. Kirkland has a strong balance sheet with $234 million in cash and low-cost production below $600/ounce. The company's cornerstone mines - Macassa, Fosterville, and Taylor - have high grades above 6 g/t gold and significant exploration potential. Drilling at Fosterville continues to intersect high grades at depth, demonstrating potential for further resource growth.
This document is a marketing presentation for Kirkland Lake Gold (TSX: KL, NYSE: KL) dated November 6, 2017. It summarizes Kirkland Lake Gold as a high-grade, low-cost gold producer with assets in Canada and Australia. In the first nine months of 2017, Kirkland Lake Gold produced over 429,000 ounces of gold and is on track to meet its 2017 production guidance of 580,000 to 595,000 ounces. Kirkland Lake Gold has a strong financial position with over $211 million in cash and is focused on growing shareholder value through increasing production, reducing costs, repurchasing shares, and paying dividends.
Kirkland Lake Gold is a Canadian gold producer with operations in Canada and Australia. It is on track to meet its 2017 production guidance of 580,000 to 595,000 ounces of gold. Kirkland Lake has two main production drivers - the Macassa mine in Canada and the Fosterville mine in Australia. Both mines have high gold grades, long mine lives, and are low-cost producers. Kirkland Lake is focused on increasing shareholder value through production growth, cost reductions, and strategic investments.
1. Kirkland Lake Gold presents its investment thesis, outlining its tier 1 operating platform in Canada and Australia, strong balance sheet, low-cost production, and district-scale exploration potential.
2. The presentation provides guidance for 2017 of 530,000-570,000 ounces of gold production from its five mines and consolidated operating costs below $525 per ounce and all-in sustaining costs below $900 per ounce.
3. Kirkland Lake Gold highlights its strong cash position of $280 million and initiation of a quarterly dividend as demonstrating its solid financial position.
This document provides an overview of Kirkland Lake Gold's operations and financial results. Some key points:
- Kirkland Lake Gold operates two high-grade, low-cost gold mines - Fosterville in Australia and Macassa in Canada, which accounted for 77% of 2017 production.
- In 2017, the company beat production guidance of 580-595k ounces, with total production of 596k ounces. Cash costs were $481/ounce versus guidance of $475-500/ounce.
- Financially, the company had strong results in 2017 with $157 million in earnings from continuing operations and $178 million in free cash flow, compared to $46.7 million and $113.9 million
Kirkland Lake Gold is a low-cost gold producer with operations in Canada and Australia. In the first half of 2017, the company produced 290,733 ounces of gold at an all-in sustaining cost of $794 per ounce. Kirkland Lake has increased its 2017 production and cost guidance twice already based on strong results from its Macassa and Fosterville mines. The company is focused on growing reserves and resources through exploration while maintaining a strong financial position.
- Kirkland Lake Gold achieved record gold production in 2016 of 314,495 ounces, surpassing guidance. Production costs were below guidance at $571 per ounce and all-in sustaining costs were below guidance at $923 per ounce.
- In 2016 the company had record revenue of $406.7 million based on gold sales of 329,489 ounces at an average realized price of $1,234 per ounce.
- The company had a strong financial position at the end of 2016 with $234.9 million in cash and $92.3 million in working capital. Cash balance increased further to $280 million in Q1 2017.
- Kirkland Lake Gold is a low-cost gold producer with operations in Canada and Australia focused on increasing shareholder value through strong free cash flow, exploration success, and growing reserves and resources.
- In the first half of 2017, Kirkland Lake produced 290,733 ounces of gold and is on track to meet its 2017 guidance of 570,000 to 590,000 ounces.
- The company has a strong financial position with $267.4 million in cash at the end of June 2017 and a net cash position of $224 million.
This document provides information about Kirkland Lake Gold's Denver Gold Forum taking place from September 24-27, 2017. It discusses Kirkland Lake Gold's high-grade gold production assets in Canada and Australia, its strong financial position with $267.4 million in cash, and its focus on growing shareholder value through increasing production, reducing debt, building cash flow, introducing dividends, and achieving exploration success to increase reserves and resources.
Kirkland Lake Gold will host its Precious Metals Summit from September 18-20, 2017. The document discusses Kirkland Lake Gold's high-grade gold production in Canada and Australia, with two key assets - Macassa Mine and Fosterville Mine - accounting for 75% of production in H1 2017. It also provides an overview of Kirkland Lake Gold's financial position and capital structure, and emphasizes the company's focus on growing shareholder value through increasing reserves and resources, achieving exploration success, and making strategic investments.
Similar to Kirkland lake-gold-investor-presentation-feb-bmo-conference-final (20)
Kirkland Lake Gold is targeting production of over 1 million ounces of gold per year through organic growth at its high-grade, low-cost Fosterville and Macassa mines. Fosterville is expected to reach over 400,000 ounces per year by 2020 through continued exploration success and resource growth. Macassa is targeting over 400,000 ounces per year through completion of its #4 shaft expansion project. Kirkland Lake Gold achieved strong financial and operating results in 2017 and the first half of 2018 and is well positioned to achieve its growth targets.
This document provides an overview of Kirkland Lake Gold's Macassa mine in Ontario, Canada. Some key points:
- Macassa is a high-grade, low-cost gold mine that achieved record production of 194,237 ounces in 2017 at a cash cost of $523/ounce. Production in Q1 2018 was 54,038 ounces at a cash cost of $499/ounce.
- Mineral reserves increased 1% in 2017 to over 2 million ounces despite depletion, and mineral resources grew significantly with a 58% increase in measured and indicated resources.
- The majority of reserves are concentrated in the high-grade South Mine Complex below the 5600 level, with grades generally increasing at depth.
Kirkland Lake Gold is a gold mining company with operations in Canada and Australia. It is targeting production of one million ounces of gold per year through organic growth projects at its Macassa and Fosterville mines. Fosterville is expected to increase production to over 400,000 ounces per year by 2020 through underground development and exploration success. Macassa is planned to double production to over 400,000 ounces per year following completion of a new shaft. The company has also outlined opportunities to resume operations at other mines and potentially increase production at existing operations.
This document provides a summary of Kirkland Lake Gold's Q1 2018 conference call and webcast. The summary includes:
- Net earnings quadrupled from Q1 2017 to $53.8 million, with record earnings from mine operations and EBITDA. Continued strong free cash flow of $50.2 million.
- Production in Q1 2018 was ahead of plan and 13% higher than Q1 2017, with record monthly production in March. Unit costs improved year-over-year.
- Guidance for 2018 remains on track with production expected to increase in the second half of the year and unit costs to improve from Q1 levels.
This document provides an overview of Kirkland Lake Gold's operations and financial performance in 2017 and guidance for 2018. Some key points:
- In 2017, Kirkland Lake Gold exceeded production guidance of 580-595k ounces, achieving 596k ounces, and beat cost guidance for cash costs per ounce of $481 versus $475-500 guidance.
- Financial results in 2017 were significantly improved over 2016, with earnings from continuing operations up 237% to $157 million and free cash flow up 756% to $178 million.
- Production in 2018 is expected to increase to approximately 620k ounces, with unit costs expected to further improve to below $500/ounce for cash costs and below $
This document provides an operational and financial overview of Kirkland Lake Gold for the February 25-28, 2018 BMO Capital Markets Global Metals & Mining Conference. Key points include:
- Kirkland Lake Gold exceeded its 2017 production and cost guidance and achieved record quarterly production in Q4 2017.
- The company has two high-grade, low-cost operations - Fosterville and Macassa - that accounted for 77% of 2017 production.
- Kirkland Lake Gold is focused on three pillars of value creation: operational excellence, organic growth, and shareholder returns.
- Guidance for 2018 includes higher production of over 620k ounces, lower unit costs, and increased investment in
Kirkland Lake Gold is a gold producer focused on operational excellence, organic growth, and shareholder returns. In 2017, the company exceeded production guidance, achieved improved cost guidance, and generated $178 million in free cash flow. For 2018, Kirkland Lake Gold guidance includes production growth to approximately 620,000 ounces, improved unit costs below $500/ounce for operating costs and below $800/ounce for all-in sustaining costs, and increased investment in sustaining, growth, and exploration projects. Mineral reserves also grew in 2017 at the company's key Macassa and Fosterville mines.
The document discusses Kirkland Lake Gold's operational and financial results for FY and Q4 2017. Some key points:
- Kirkland Lake Gold achieved record production of 596,405 ounces in 2017, beating improved guidance. Production increased 36% year-over-year.
- Unit costs were strong with operating cash costs of $481/ounce and all-in sustaining costs of $812/ounce, in line with improved guidance.
- Earnings from continuing operations were $157.3 million in 2017, driven by production growth and low unit costs. Free cash flow reached $178.0 million, a 56% increase from 2016.
- Cash and cash equivalents totaled $
Kirkland Lake Gold reported Q3 2017 results with gold production of 139,091 ounces, 80% higher than Q3 2016. Net earnings more than doubled to $43.8 million due to an $80 million pre-tax gain on its investment in Novo Resources. Updated full-year 2017 production guidance is 580,000-595,000 ounces at an operating cash cost of $475-500 per ounce. Free cash flow for the first nine months of 2017 reached $113.5 million.
This document provides information about the Precious Metals Summit to be held from September 18-20, 2017. It discusses Kirkland Lake Gold's high-grade gold production assets in Canada and Australia, its strong financial position with $267.4 million in cash, and its focus on growing shareholder value through increasing production, reducing debt, share buybacks, and expanding reserves and resources. Kirkland Lake Gold is on track to meet its 2017 production guidance of 570,000-590,000 ounces of gold at an AISC of $800-850 per ounce.
Kirkland Lake Gold held a Q2 2017 conference call and webcast to discuss their financial and operating results. Some of the key highlights included:
- Record gold production of 160,305 ounces in Q2 2017, a 23% increase over Q1 2017.
- Operating cash costs per ounce and AISC per ounce came in below guidance for Q2 2017.
- Fosterville Mine had record production of 77,069 ounces in Q2 2017 and is on track to meet improved full-year production and cost guidance.
- The company is focused on profitability, free cash flow, and a disciplined approach to operations to drive shareholder value.
UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
Bienestar Financiero al servicio de su jubilación anticipada
Pago de su 🏡
Estudio de sus hijos
Directamente a tu cuenta bancaria
Con Tesorería Auditoria Jurídica comercial
Administración de carteras
Apalancamiento Financiero
Desarrollo de tu marca personal
Acceso a Desarrollo de varias industrias
Cuentas bancarias
Estructuras Físicas en USA y en América Central
Avalado por Bolcomer
Puesto de Bolsa Comercial
Turismo
Y mucho más
Link de registro
https://business.myinfinity.global/maurod8/
https://therusnetwork.com/
Contacto:
https://goo.su/pzm1fja
1. FEBRUARY 2017
TONY MAKUCH
President & Chief Executive Officer
KLGOLD.COM
TSX: KL
OTCQX: KLGDF
TIER ONE GOLD PRODUCTION | DISTRICT SCALE EXPLORATION | VALUATION UPSIDE
1
2. KLGOLD.COM
TSX:KLFORWARD LOOKING STATEMENTS
Cautionary Note Regarding Forward-Looking Information
This presentation contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans,
intentions, beliefs and current expectations of Kirkland Lake Gold Ltd. (“Kirkland Lake Gold”) with respect to future business activities and operating and financial performance.
Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar
expressions and include information regarding: (i) expectations for the ability of the combined company to successfully achieve business objectives, including integrating the
companies or the effects of unexpected costs, liabilities or delays, (iii) the potential benefits and synergies of the combined company, (iv) future production, cash costs, free cash
flows,and operations,and (v) expectationsfor other economic, business,and/orcompetitivefactors.
Investors are cautioned that forward-looking information is not based on historical facts but instead reflect management’s expectations, estimates or projections concerning future results or events
based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although Kirkland Lake Gold believes that the expectations reflected in
such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors
could have material adverse effects on future results, performance or achievements of the combined company. Among the key factors that could cause actual results to differ materially from those
projected in the forward-looking information are the following: the ability of Kirkland Lake Gold to successfully integrate their respective operations and employees and realize synergies and cost
savings at the times, and to the extent, anticipated; the potential impact on exploration activities; the potential impact of the announcement or consummation of the transaction on relationships,
including with regulatory bodies, employees, suppliers, customers and competitors; the re-rating potential of the combined company; changes in general economic, business and political conditions,
including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time on the integration of the two
companies. This forward-looking information may be affected by risks and uncertainties in the business of Kirkland Lake Gold market conditions. This information is qualified in its entirety by cautionary
statements and risk factor disclosure contained in filings made by Kirkland Lake Gold Inc. (“KLG”) and Newmarket Gold Inc. (“Newmarket”), with the Canadian securities regulators, including KLG’s and
Newmarket’s respective annual information forms, financial statements and related MD&A for the financial year ended December 31, 2015 and their respective interim financial reports and related
MD&A for the period ended September 30, 2016 filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, believed, estimated or expected. Although Kirkland Lake Gold and Newmarket have attempted to identify important risks, uncertainties and factors
which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Kirkland Lake Gold does not intend, and do not assume any
obligation, to update this forward-looking information except as otherwise required by applicable law.
All dollar amounts in this presentation are expressed in U.S. Dollars unless otherwise noted.
Use of Non-GAAP Measures
This Presentation refers to average realized price, operating costs, all-in sustaining costs per ounce of gold sold, free cash flow and cash costs of production because certain
readers may use this information to assess the Company’s performance and also to determine the Company’s ability to generate cash flow. This data is furnished to provide
additional information and are non-GAAP measures and do not have any standardized meaning prescribed by International Financial Reporting Standards (“IFRS”). These
measures should not be considered in isolation as a substitute for measures of performance prepared in accordance with IFRS and are not necessarily indicative of operating costs
presentedunder IFRS. Refer to each Company’smost recent MD&A for a reconciliationof these measures.
3. KLGOLD.COM
TSX:KLWHY INVEST IN KL GOLD?
1. Refer to Slide 2 “Forward Looking Information” 2017 estimated production guidance 500,000 – 525,000 ounces. 2.Cash position as at Dec 31, 2016, 2016 3. See Non-GAAP Measures sections in forward looking statements; Operating Cash
Costs per ounce and AISC per ounce reflect an average USD to CAD exchange rate of 1.28 and a USD to AUD exchange rate of 1.28. 4.See Kirkland Lake Press release dated Feb 27, 2017 for additional detail. 5. Source: Company filings, FactSet
and available equity research at Feb 16, 2017. Production and Cash Flow are broker consensus averages exclude Kirkland Lake.
1
3
7.0
10.0
KL Gold Peer Average
$3,171
$4,873
KL Gold Peer Average
Operating Platform in Tier
1 Mining Jurisdictions
Strong Balance Sheet
& Low Cost Production
District Scale
Exploration Potential
Strong Value Proposition5
Enterprise value
to ounce of 2017
production
2017 Price to
Cash flow
• 2017 guidance of approximately 525,0001 ounces from five underground gold mines in
Canada & Australia.
• Macassa Gold Mine record results (FY/16 175koz)(Q4/16 52koz)
• Fosterville Gold Mine record results (FY/16 151koz) (Q4/16 44koz)
• Cash Position US$234 million2
• 2017 Operating costs US$625 – $675/oz & AISC US$950 - $1,000/oz3
• Preliminary consolidated 2016 full year operating cost $575/oz and AISC $920/oz and
Q4, 2016 operating cost $535/oz and AISC $875/oz4
• Significant discovery and expansion potential in established gold camps
• +20 drill rigs in operation across Canada & Australia
• 2017 growth exploration budget of US$45 - $55 million
4. KLGOLD.COM
TSX:KLOPERATING PLATFORM IN TIER 1 MINING JURISDICTIONS
4
295,838 oz
239,724 oz
100,000
150,000
200,000
250,000
300,000
350,000
Canadian Operations Australian Operations
2016 Gold Production By Country
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
500,000
550,000
600,000
Pro Forma Consolidated
1.Pro forma information operating results from: (i) the former Newmarket Gold Inc. (“Newmarket”) assets for the entire 12-month period ended December 31, 2016 including the period from January 1, 2016 to November 29, 2016 prior to the merger with Kirkland Lake Gold Inc. (“KLG”) on November
30, 2016 (See Newmarket Press Release dated November 3, 2016); and (ii) the Holt Mine Complex for the entire 12-month period ended December 31, 2016, including the period of January 1, 2016 to January 25, 2016 prior to the acquisition of St Andrew Goldfields Ltd. (“SAS”) by KLG on January 26,
2016 (See KLG press release dated May 12, 2016). See Press Releases dated January 9, 2017 and February 27, 2017 filed on the SEDAR profile of the Company
1
542,751 oz
• Canadian gold operations exceeded 2016
guidance of 270k – 290k ounces
• Australian operations exceeded 2016
production guidance of 225k – 235k ounces
• Preliminary consolidated 20161 operating
cost per ounce2 of $575, well below the
lowest range of the operating cost guidance
of US$600-$650
• Preliminary consolidated all in sustaining
cost (“AISC”) per ounce2 of $920 in 2016
versus guidance of US$1,000-1,050
5. KLGOLD.COM
TSX:KL
5
CANADIAN OPERATIONS AUSTRALIAN OPERATIONS
(U.S.)$
Macassa
Mine
Holt Gold
Mine
Taylor Gold
Mine
Fosterville
Gold Mine
Cosmo Gold
Mine
Consolidated
Gold Production (oz)
180,000 –
185,000
65,000 –
70,000
55,000 –
60,000
140,000 –
145,000
60,000 –
65,000
500,000 – 525,000
Operating Cash Costs per Ounce1,2 $552 –
$568
$672 –
$723
$551 –
$601
$467 –
$484
$941 –
$1020
$625-$675
AISC per Ounce1,2
$950-$1,000
Sustaining Capital and growth
capital ($ million)
$180-$200
Exploration Expenditure ($ million) $45-$55
Royalty cost ($ million) $16-$20
G & A $14
2017 OUTLOOK FOR THE NEW KL GOLD
1) See Non-GAAP Measures sections in forward looking statements; 2) Operating Cash Costs per ounce and AISC per ounce reflect an average USD to CAD exchange rate of 1.28 and a USD to AUD exchange rate of 1.28. See Press
Release dated February 27, 2017 filed on the SEDAR profile of the Company.
Macassa
36%
Taylor
11%
Fosterville
28%
Holt
13%
Cosmo
12%
2017E
production
by Mine
6. KLGOLD.COM
TSX:KL
61 Preliminary Cash position is as at December 31, 2017 press release, see release for additional details 2 Non-GAAP measures, refer to slide 2 “Cautionary Language”, Canadian: US Dollar exchange $0.75
STRONG BALANCE SHEET(as at December 31, 2016)
Cash US$234 million
Convertible Debentures US$89 million
KGI.DB: 6% C$15.00 conversion price C$56.9MM mature
June 2017
KGI.DB.A: 7.5% C$13.70 conversion price C$62.1MM mature
Dec 2017
Net Cash US$145 million
CAPITAL STRUCTURE & OWNERSHIP (as at December 31, 2016)
1,2,3
Issued & Outstanding 203 million
Fully Diluted Including Convertible Debentures 220.8 million
Market Capitalization (February 15, 2017) +CAD$ 2.1 Billion
Daily Avr. Volume – 50 day (February15, 2017) 1.2 million shares
52 week high – low (TSX - CAD) $11.15 - $3.47
Insider Ownership (Eric Sprott) ~10%
No gold hedging in place
Fosterville Gold Mine, Australia Macassa Gold Mine, Ontario
STRONG FINANCIAL POSITION
Change in reporting currently to US$ for
December 31, 2016 year end financial results
7. KLGOLD.COM
TSX:KLHIGH GRADE, LOW COST CORNERSTONE ASSETS
CORNERSTONE ASSETS
LOW COST OUNCES
DISTRICT SCALE GROWTH
Source: Company Guidance, respective NI 43-101 reports (see appendix), and YTD/2016 results Refer to appendix for “NI 43-101 Disclosure”. Refer to slide 2 “Cautionary Language” use of Non-GAAP measures..
1. Kirkland Lake Gold guidance provided Jan 9, 2017, refers to high end range of guidance 2. Pro Forma 2016 YTD Operating Cash Costs and All-in Sustaining Costs as at September 30, 2016 YTD
7
CORNERSTONE ASSETS
LOW COST OUNCES
DISTRICT SCALE GROWTH
Macassa Mine
Fosterville Gold
Mine
Taylor Gold
Mine
Consolidated
P&P Reserve Grade (g/t Au) 19.2 7.0 6.3 13.7
2016 FY Production (oz) 175,167 151,755 42,639 > 369,000
Operating Costs (US$/Oz Sold) Q3 YTD/16A1 US$568 US$461 US$433 < US$600
AISC (US$/Oz Sold) Q3 YTD/16A1 US$935 US$743 US$670 < US$825
• Macassa Gold Mine, Fosterville Gold Mine & Taylor Gold Mine
• ~ 75% of 2017E production
• Growth potential with excess milling capacity at each mill
• <US$600 Operating Costs and <US$825 AISC2 (YTD 2016A)
• Fosterville exploration lease +500km2
• Macassa exploration lease +40km2
• 120 Km land package along prolific Porcupine Destor Fault
8. KLGOLD.COM
TSX:KL
8
MACASSA: KEY VALUATION DRIVER FOR KL GOLD
41,054
38,929
42,866
52,318
15.3
12.2
13.7
16.3
10
11
12
13
14
15
16
17
18
19
20
Q1 - 16 Q2- 16 Q3 - 16 Q4 - 16
30,000
35,000
40,000
45,000
50,000
55,000
GoldProduction(oz)
GoldGrade(g/t)
MINERAL RESOURCE & RESERVES (Dec 31. 2014)
Proven and Probable Mineral Reserves 1.46 million ounces of gold grading
19.3g/t gold. (Dec 31. 2014)1
Measured and Indicated Mineral Resources are exclusive of Mineral Reserves
contain 2.0 million ounces grading 16.8 g/t gold
Extensive surface and underground drilling underway
$970 $1,003
$959
$820
$612 $644
$546
$415
SY 2015 Q2 2016 Q3 2016 Q4 2016
Production Costs US$/oz2,3 AISC OCC
The Macassa Mine is a high-grade gold mine,
with grade improving at depth, located in
Kirkland Lake, Ontario
1. Refer to appendix for NI 43-101Disclosure 2. SY refers to Stub Year 2015 referencing April 30, 2015 to December 31 2015 8 months 3. .See Kirkland Lake Press release dated Feb 27, 2017 for additional detail reporting
preliminary Q4 2016 operating and AISC
9. KLGOLD.COM
TSX:KLPLAN VIEW OF PROJECT AREA – KIRKLAND LAKE GOLD CAMP
9
• The Kirkland Lake gold camp
has been in productionfor +
100 years
• One of the highest grade gold
camps in the world
• Almost 25 Moz’s has been
produced to date, from seven
mines
• Kirkland Lake Gold owns five
former producinghigh grade
mines with historical
production of ~22 Moz’s of
gold
• Average head grade of 15.1 g/tSouth Mine Complex Gold DepositSMC
10. KLGOLD.COM
TSX:KLREGIONAL EXPLORATION ACROSS A PROLIFIC TREND
See KLG press releases dated January 19, 2016 and November 7, 2016 filed on the sedar profile of KLG on www.sedar.com
• Significant expansion potential down dip, along strike
• Previously released surface exploration results to the east returned values of 29.5 g/t gold over 0.3m (AB-15-92) and 28.1 g/t gold
over 0.6m.(AB-15-106)
• Recent Highlight results along the easterly strike of the SMC include:
• 651.8 g/t gold over 3.8 metres, 102.5 g/t gold over 3.2 metres and 100.5 g/t gold over 1.6 metres
10
SMC
11. KLGOLD.COM
TSX:KL
11
FOSTERVILLE GOLD MINE: LOW COST PRODUCER
33,138
37,245 36,967
44,406
7.34 7.5
6.91
8.48
6
6.5
7
7.5
8
8.5
9
9.5
10
Q1 - 16 Q2- 16 Q3 - 16 Q4 - 16
20,000
25,000
30,000
35,000
40,000
45,000
50,000
GoldProduction(oz)
GoldGrade(g/t)
MINERAL RESOURCE & RESERVES(Dec 31. 2015)
Proven and Probable underground Mineral Reserves increased 34% to
244,000 ounces of gold. (Dec 31. 2015)1
Mineral Reserve grade increased 25% grading 6.95 g/t gold (Dec 31. 2015)
Fosterville’s current mining front comprising the Phoenix and Lower Phoenix gold
systems, and associated structures, host Measured and Indicated Mineral Resources
containing 673,000 ounces grading 8.33 g/t and Inferred Mineral Resource of
101,000 ounces grading 9.49 g/t gold
$723 $741 $765
$645
$473 $440 $471
$420
Q1 16 Q2 16 Q3 16 Q4 16
Production Costs US$/oz2 AISC OCC
The Fosterville Gold Mine is the largest gold
producer in the state of Victoria, Australia
1. Refer to appendix for NI 43-101 Disclosure.2.See Kirkland Lake Press release dated Feb 27, 2017 for additional detail, costs presented for Q4 16 only represent the one month since the transaction with Newmarket Gold ending December 31, 2016 reporting
preliminary Q4 2016 operating and AISC
12. KLGOLD.COM
TSX:KL
12
Harrier Drill Drive
12.5 g/t Au over 2.4m
12.75 g/t Au over 4.5m
Lower Phoenix
Drill Targets
Harrier Decline
Harrier
4.4 g/t Au over 6.1m
6.5 g/t Au over 25m
9.3 g/t Au over 3.3m
9.2 g/t Au
over 11.8m
7.3 g/t Au
over 13.9m
8050mN
6.2 g/t Au over 1.9m
22.1 g/t Au over 3.3m
First recorded visible
gold from Harrier
16.6 g/t Au
over 3.05m 11.99 g/t Au over 3.4m
14.25 g/t Au over 3.6m
11.1 g/t Au over 4.9m
12.8 g/t Au over 8.5m
112 g/t Au over 11.9m
501 g/t Au over 4.5m
386 g/t Au over 3.4m
16.4 g/t Au over 16.5m
73.2 g/t Au over 7.8m
64.80 g/t Au over 4.3m
(VG)
46.2 g/t Au
over 6.6m (VG)
283 g/t Au over 2.8m
13.4 g/t Au over 3.8m
75.7 g/t Au over 5.4m
194 g/t Au over 3.1m
550 g/t Au over 3.5m
129 g/t Au
over 6.2m (VG)
645 g/t Au
over 3.4m
1,429 g/t Au over 4.97m
FOSTERVILLE GOLD MINE: DRILLING SUCCESS
Mineral Resources, Reserves and mining
as at December31, 2015
• Consistently intersecting high-grade gold in multiple zones: Harrier, Lower Phoenix, Lower Phoenix South and
Lower Phoenix North with grade increasing at depth on all zones
• Key intercepts Lower Phoenix South & North: 12.75 g/t gold over 4.5m, 13.4g/t gold over 3.8m, 12.5 g/t gold
over 2.4m, & 7.3 g/t gold over 13.9m
• High-Grade Visible Gold (VG) intercepts at Harrier Gold Zone; 64.8 g/t gold over 4.3m, 46.2 g/t gold over
6.6m
• Record high-grade drill intercept on the Lower Phoenix foot wall announced Jan 17, 2017 including 1,429
g/t gold over 4.97m
All intercepts presented are estimated true width
13. KLGOLD.COM
TSX:KL
13
FOSTERVILLE GOLD MINE: DISTRICT SCALE POTENTIAL
Harrier Drill Drive
= Visible gold elevation
depth, increasingwith
depth
Current Mining FrontBLOCK A
BLOCK C
BLOCK D
BLOCK B
Lower Phoenix
Phoenix
Current Mining Front, UG Reserve 244,000 ounces at 6.95g/t Au with Measured and Indicated resources of 673,000 ounces at
8.33 g/t Au and Inferred Resources of 101,000 ounces at 9.49 g/t Au as of Dec 20152
With additional drilling success blocks A,B,C and D are targeted to add +5 years of additional mine life on top of current
reserves and resources (Block B drilling underway testing 1000 metres down plunge from current resources/reserves)
Mill Capacity +850k tpa, currently at ~700k tpa. opportunity to open additional mining fronts (three total) in Block A and Block D
Additionally there are over 20 kilometers of potential gold bearing structures on the 505km2
Fosterville property highlighting the exceptional potential of this district
1. Refer to slide 2 forwardlooking “CautionaryLanguage’2. Refer to Slide 39-43 “NI 43-101 Disclosure
14. KLGOLD.COM
TSX:KLFOSTERVILLE FAULT MINING LEASE LONG SECTION
14
Target
Target
Target
Current mining front
Mining lease long section ~17km2) contains ~10km strike length of Mineral Resources with ~7km on Fosterville
Fault Line and ~3km on the O’Dwyer’s Fault Line
Shallow, limited drilling North of the Central North past producing open pit
Near mine mineralization remains open along strike and down plunge, gradual grade increasing at depth in the
Lower Phoenix and Harrier zones
Fosterville Fault is one of many gold bearing structures within a 505km2 exploration lease land package
Limited shallow 50-100m drilling
15. KLGOLD.COM
TSX:KLFOSTERVILLE REGIONAL POTENTIAL
15
• Mining lease (MIN5404:~17km2) contains ~10km strike length of
Mineral Resources with ~7km on Fosterville Fault Line and ~3km
on the O’Dwyer’s Fault Line.
• Surrounding exploration leases encompass ~505km2 and
contain ~60km of potential gold-bearing structures along 7
interpreted fault lines.
• 5 of the 7 lines contain known gold occurrences with historic
resources and/or historic workings.
• The FGM processing plant is located within 30km of prospective
targets.
• Limited exploration work on surrounding exploration lease
• The 2017 exploration program includes planned drilling for the
Sugarloaf Line (SW of operation), soil sampling in northern part
of exploration lease and 2D seismic lines over northern and
southern ends of mining lease.
• District scale potential within a well known camp of multi-
million ounce gold deposits
673,000 ounces M&I
resources at 8.33 g/t
gold1, current mining
front*
Fosterville mill
* Refer to appendix NI 43-101 technical disclosure
16. KLGOLD.COM
TSX:KL
16
TAYLOR GOLD MINE: KL GOLD’S NEWEST PRODUCER
7,347
11,408
11,630
10,048
7.6
6
7.1
6.7
5
5.5
6
6.5
7
7.5
8
Q1 - 16 Q2- 16 Q3 - 16 Q4 - 16
5,000
6,000
7,000
8,000
9,000
10,000
11,000
12,000
GoldProduction(oz)
GoldGrade(g/t)
MINERAL RESOURCE & RESERVES(Dec 31. 2014)
Proven and Probable Mineral Reserves 156,000 ounces of gold, grading 6.3 g/t
(Dec 31. 2014)1
Measured and Indicated Resources 302,000 ounces of gold grading 4.5 g/t
Kirkland Lake Gold’s newest mine, first full year production
Significant exploration potential along the Porcupine Destor Fault Zone
$732
$670
$379
$433
Q3 - 16 Q3 YTD
Production Costs US$/oz AISC OCC
The Taylor Gold Mine is high-grade cornerstone
asset for the company, located approx.70 km
west of the Holt Mill
1. Refer to appendix for NI 43-101Disclosure
17. KLGOLD.COM
TSX:KLTAYLOR GOLD MINE: UPSIDE POTENTIAL
1.5km1.5km Multi-rig diamond drilling underway
Recent drill results announced new
discoveries and extensions at the Taylor
Gold Mine Complex
10.31 g/t Au over 3.2 m new WPZ Deposit
style mineralization approximately 300 m to
the west
9.50 g/t Au over 4.5 m identifies up-dip
extension of the WPZ Deposit 1004 Zone
3.29 g/t Au over 9.6 m and 4.59 g/t Au over
5.8 m on surface, identifies new
mineralization 800 m east of the Shaft
Deposit
17
10.3 g/t Au over 3.2 m
9.5 g/t Au over 4.5 m
3.29 g/t Au over 9.6 m and 4.59 g/t
Au over 5.8 m
Longitudinal View Looking North
39.6 g/t Au over 1.1 m
(14.6 g/t Au over 1.1 m cut)
13.9 g/t Au over 1.5 m
(12.7 g/t Au over 1.5 cut)
19. KLGOLD.COM
TSX:KLVALUE PROPOSTION
19
Price / 2017E Cash Flow1P / NAV1
Source: Company filings, FactSet, Bloomberg, and available equity research, market data as of Feb 16, 2017 1. NAV, Production, and Cash Flow based on broker consensus; Averages exclude Kirkland Lake
EV / 2017E Production1
$6,167
$6,057
$5,761
$5,476
$5,008
$5,003
$4,170
$3,985
$3,619
$3,481
$3,171
Torex
Guyana
Alamos
Richmont
Detour
Northern Star
Klondex
Regis
New Gold
OceanaGold
Kirkland Lake
Peer Avg. US$4,873/oz
16.0x
12.9x
12.0x
11.9x
11.1x
10.5x
8.3x
7.0x
6.5x
6.1x
5.3x
Alamos
Guyana
Klondex
Richmont
Torex
Detour
Regis
Kirkland Lake
Northern Star
New Gold
OceanaGold
Peer Avg. 10.1x
1.46x
1.28x
1.24x
1.22x
1.20x
1.20x
1.13x
1.12x
1.09x
0.90x
0.74x
Klondex
Regis
OceanaGold
Kirkland Lake
Torex
Richmont
Alamos
Northern Star
Guyana
New Gold
Detour
Peer Avg. 1.14x
20. KLGOLD.COM
TSX:KL
FOCUSED EXECUTION & VALUE CREATION
20
KL Gold is focused on maintaining positive and growing free cash flow margins while keeping a
disciplined approach to capital allocation to ensure profitable sustainable gold production
Low cost, Robust Margins Diversified Production
Strong Balance Sheet
District Scale
Exploration Potential
Cash balance of US$234 million at
December 31, 2016
2017 Gold Production of +500,000 oz
Solid Operating Platform in Tier 1 Mining
Jurisdictions
High quality projects with significant
exploration upside
Strong free cash flow generation and
committed leadership team to deliver
targets
NEWS FLOW & CATALYSTS
Q1Q1 – Q4Q1
Full Year Pro
Forma Results
Extensive
Exploration News
Resource &
Reserve Update
Organic Growth
Opportunities
DELIVER SUPERIOR
SHAREHOLDER VALUE
22. KLGOLD.COM
TSX:KLANALYST COVERAGE (Jan 2017)
22
Firm Anonymous GMP Barclays CIBC Merrill TD RBC ITG Instinet
Shares Traded 9.6 million 4.9 million 4.6 million 4.5 million 2.7 million 2.4 million 2.2 million 1.6 million 1.3 million
50 Day Avg Volume 1,200,000 (as of Feb 15, 2017)
Broker
Initiation
Date
Target
Price
(C$)
Target Rating
FY17E
Production Oz
(000’s)
FY17E
Cash Costs
(US$)
FY17E
AISC
(US$)
CAPEX
(US$
MM)
NAV
(C$M)
CIBC Dec ’16 $10.25 outperform 505 $570 $920
Scotia - $10.00 outperform 509 $625 $895 $1,323
GMP Oct ’15 $14.50 buy 509 $637 $960 $113 -
Macquarie Dec ’16 $14.00 outperform 454 $601 877 $146 $US836
RBC Capital Dec ’16 $11.00 outperform 561 $597 $934 $131 $1,169
PI Financial Jan ’16 $11.90 buy 515 $585 $892
National Bank Dec ’16 $11.35 Outperform 510 $741 1,087
M Partners Dec ’16 $12.50 buy 500 $680 S1,001
BMO - $9.00 market Perform 502 $580 $926
Average $10.87
OPINIONS ESTIMATES OR FORECASTS REGARDING KIRKLAND LAKE GOLD PERFORMACE MADE BY THESE ANALYSTS ARE THIERS ALONE AND DO NOT REPRESENT THE OPINIONS ESTIMATES OR FORECASTS OF
KIRKLAND LAKE GOLD OR ITS MANAGEMENT.
23. KLGOLD.COM
TSX:KLPEER GROUP ANALYSIS
Note: As at Jan 16, 2017, based on Companies’ Q3/16 Reporting OCF and FCF are shown prior to changes in net working capital, debt repayment and dividends
CLEAR VALUATION OPPORTUNITY WITH TIER ONE, LOW COST PRODUCTION
23
2016 YTD Production, Cost, and Free Cash Flow versus Peers
Market Capitalization C$M $1,707 $3,103 $3,698 $3,669 $2,987 $2,173
Enterprise Value C$M $1,561 $3,394 $3,580 $4,100 $2,980 $2,561
Jan 1 - Sep 30, 2016 (Q1 - Q3)
Production koz AuEq 393 394 517 410 286 199
Cash Cost US$/oz $646 $705 $503 $495 $780 $545
AISC US$/oz $953 $960 $741 $765 $1,002 $727
Operating Cash Flow C$M $236 $224 $337 $275 $128 $136
Free Cash Flow C$M $138 $136 $171 ($73) ($12) ($15)
Annualized FCF Yield % 10.7% 5.9% 6.2% (2.7%) (0.8%) (0.9%)
Annualized Multiples
P / 2016 OCF ratio 5.4x 10.4x 8.2x 10.0x 11.7x 12.0x
EV / 2016 Production US$/oz $2,980 $6,456 $5,189 $7,504 $7,806 $9,653
24. KLGOLD.COM
TSX:KLTIER ONE CANADIAN OPERATIONS 2017E
Macassa Gold Mine
MacassaMill 2,000 tpd
District Scale Opportunity +40km2 Land
2017E Production Guidance Macassa Mine (oz) 180,000 – 185,000
Holt | Taylor Gold Mines
Holt Mill 3,000 tpd
District Scale Opportunity(Porcupine Destor Fault 120km Strike along PDFZ
2017E Production Guidance Holt Mine (oz) 65,000 – 70,000
2017E Production Guidance Taylor Mine (oz) 55,000 – 60,000
Consolidated Cost Guidance
Consolidatedoperating cash costs US$625 – US$675 per oz1
ConsolidatedAll-in Sustaining Costs US$950-US$1,000 per oz1
1. Refer to slide 2 forward looking and Non IFRS Disclosure, operating
Costs per ounce and AISC per ounce reflect an average USD to CAD
exchange rate of 1.28 and a USD to AUD exchange rate of 1.28. 24
25. KLGOLD.COM
TSX:KLTIER ONE AUSTRALIAN OPERATIONS 2017E
Fosterville Gold Mine
Fosterville Mill 2,400 tpd
District Scale Opportunity +500km2 Land
2017E Production Fosterville Mine (oz) 140,000 – 145,000
Cosmo Gold Mine
Union Reefs Mill 5,000 tpd
2017E Production Cosmo Mine 60,000 – 65,000
Consolidated Costs
Consolidatedoperating cash costs US$625 – US$675 per oz1
ConsolidatedAll-in Sustaining Costs US$950-US$1,000 per oz1
1. Refer to slide 2 forward looking and Non IFRS Disclosure, operating Cash Costs per ounce and AISC per ounce reflect an average USD to CAD exchange rate of 1.28 and a USD to AUD exchange rate of 1.28.
25
26. KLGOLD.COM
TSX:KLBOARD AND SENIOR MANAGEMENT
26
Board of Directors
Eric Sprott Chairman of the Board
Anthony Makuch President & CEO
Barry Olson Independent
Pamela Klessig Independent
Jeffrey Parr Independent
Raymond Threlkeld Independent
Maryse Belanger Independent
Jonathan Gill Independent
Arnold Klassen Independent
Senior Management Team
Anthony Makuch President & Chief Executive Officer
Darren Hall Chief Operating Officer
Philip Yee Chief Financial Officer
Alasdair Federico EVP Corporate Affairs and CSR
27. KLGOLD.COM
TSX:KL
FY 2016 Production (ozs) Q4/15 Q4/16 FY/2015 FY/2016
MACASSA GOLD MINE 37,979 52,318 102,597 175,167
HOLT MINE COMPLEX 10,677 35,634 127,860
CONSOLIDATED PRODUCTION1 75,134 87,952 210,330 303,027
2016 FY GUIDANCE 270k-290k
Q3/16 Canadian OperatingResults Tonnes Milled Grade (g/t Au) Recovery (%) Production (ozs)
MACASSA MINE COMPLEX1 100,357 13.7 96.9 42,866
HOLT MINE 101,283 4.8 95.1 14,950
HOLLOWAY MINE 53,780 5.1 88.4 7,829
TAYLOR MINE 52,466 7.1 97.1 11,630
CONSOLIDATED PRODUCTION 77,274
Q4/16 Canadian OperatingResults Tonnes Milled Grade (g/t Au) Recovery (%) Production (ozs)
MACASSA MINE COMPLEX1 102,289 16.3 97.6 52,318
HOLT MINE 113,499 4.6 94.5 15,761
HOLLOWAY MINE 65,215 5.4 87.3 9,825
TAYLOR MINE 48,254 6.7 96.1 10,048
CONSOLIDATED PRODUCTION 87,952
CANADIAN OPERATIONS1
- BEAT 2016 GUIDANCE
27
1.Pro forma information operating results from: (i) the former Newmarket Gold Inc. (“Newmarket”) assets for the entire 12-month period ended December 31, 2016 including the period from January 1, 2016 to November 29, 2016 prior to the merger with Kirkland Lake Gold Inc. (“KLG”) on
November 30, 2016 (See Newmarket Press Release dated November 3, 2016); and (ii) the Holt Mine Complex for the entire 12-month period ended December 31, 2016, including the period of January 1, 2016 to January 25, 2016 prior to the acquisition of St Andrew Goldfields Ltd. (“SAS”) by
KLG on January 26, 2016 (See KLG press release dated May 12, 2016). See Press Release dated January 9, 2017 filed on the SEDAR profile of the Company at www.sedar.com.
28. KLGOLD.COM
TSX:KLAUSTRALIAN OPERATIONS1
- BEAT 2016 GUIDANCE
Q4/16 Australian Operating Results Tonnes Milled Grade (g/t Au) Recovery (%) Production (ozs)
FOSTERVILLE GOLD MINE 176,242 8.48 92.4 44,406
COSMO GOLD MINE 157,770 2.78 94.5 13,307
STAWELL GOLD MINE 172,049 1.49 84.5 6,971
CONSOLIDATED PRODUCTION 64,684
FY 2016 Production (ozs) Q4/15 Q4/16 FY/2015 FY/2016
FOSTERVILLE GOLD MINE 36,967 44,406 123,095 151,755
COSMO GOLD MINE 10,677 13,307 63,255 55,765
STAWELL GOLD MINE 8,150 6,971 36,321 32,204
CONSOLIDATED PRODUCTION 55,794 64,684 222,671 239,724
2016 FY GUIDANCE2 225k-235k
Q3/16 Australian Operating Results Tonnes Milled Grade (g/t Au) Recovery (%) Production (ozs)
FOSTERVILLE GOLD MINE 185,071 6.9 89.1 36,967
COSMO GOLD MINE 138,801 2.5 95.3 10,677
STAWELL GOLD MINE 218,702 1.5 80.1 8,150
CONSOLIDATED PRODUCTION 55,794
28
1.Pro forma information operating results from: (i) the former Newmarket Gold Inc. (“Newmarket”) assets for the entire 12-month period ended December 31, 2016 including the period from January 1, 2016 to November 29, 2016 prior to the merger with Kirkland Lake Gold Inc. (“KLG”) on
November 30, 2016 (See Newmarket Press Release dated November 3, 2016); and (ii) the Holt Mine Complex for the entire 12-month period ended December 31, 2016, including the period of January 1, 2016 to January 25, 2016 prior to the acquisition of St Andrew Goldfields Ltd. (“SAS”) by
KLG on January 26, 2016 (See KLG press release dated May 12, 2016).
29. KLGOLD.COM
TSX:KLLOW COST, HIGH MARGIN GOLD PRODUCTION
Financial Results1 (Nine months ended September 30,2016) Pro forma Results
Free Cash Flow (C$)2 $138 million
Revenue (C$) $645 million
Net Income (C$) $91 million
Operating Costs (US$/oz sold)2 US$646/oz
AISC (US$/oz sold)2 US$954/oz
Tracking Below
Guidance
1 2016 gold production and financial results pro forma to include results from Newmarket Gold Australia operations 2. Average realized price per ounces of gold sold, operating costs and all-in sustaining costs per ounce
of gold sold are non-GAAP measures. See slide 2, “Cautionary Language”, for an explanation of the use of these non-GAAP measures.* CAD to USD exchange rate based on average YTD rate of 1.32
* See respective MD&A and Financial Statements for Q3/16 for additional disclosure. 29
Operating and AISC3 (Preliminary 2016 full year) Consolidated
Operating Costs (US$/oz sold)3 US$575/oz
AISC (US$/oz sold)3 US$920/oz
Beat guidance
Operating and AISC3 (Preliminary Q4 2016) Consolidated
Operating Costs (US$/oz sold)3 US$535/oz
AISC (US$/oz sold)3 US$875/oz
30. KLGOLD.COM
TSX:KLPRO FORMA KIRKLAND LAKE CANADIAN OPERATIONS YTD 2016
Consolidated 2016 Results Table
Q3/162 YTD 20163
Gold Sales (Ounces) 76,339 217,792
Average Realized Price (US$/oz)1
US$1,321 US$1,249
Based on Revenues of (C$ millions) $131.5 $359.5
Operating Costs (US$/oz sold)1
US$540 US$591
Based on Operating Costs (C$ millions) $53.7 $174.4
AISC (US$/oz sold)1
US$970 US$940
1 Average realized price per ounces of gold sold, operating costs and all-in sustaining costs per ounce of gold sold are non-GAAP measures. See slide 2, “Cautionary Language”, for an
explanation of the use of these non-GAAP measures. FX USD/CAD Average for Q3/2016 was 1:1.3050 3. First nine months ending September 30, 2016. See Press Release dated February
27, 2017 filed on the SEDAR profile of the Company.
YTD 2016 Financial Information
Free Cash Flow* C$87.5 million
Net Income US$51.0 million
30
31. KLGOLD.COM
TSX:KLPRO FORMA KIRKLAND LAKE AUSTRALIAN OPERATIONS YTD 2016
Consolidated 2016 Results Table
Q3/162 YTD 20163
Gold Sales (Ounces) 54,053 175,041
Average Realized Price (US$/oz)1
US$1,329 US$1,240
Based on Revenues of (US$ millions) $71.9 $216.0
Operating Costs (US$/oz sold)1
US$777 US$714
Based on Operating Costs (US$ millions) $49.8 $148.3
AISC (US$/oz sold)1
US$1,076 US$971
YTD 2016 Financial Information
Free Cash Flow* US$38.2 million
Net Income US$30.2 million
1 Average realized price per ounces of gold sold, operating costs and all-in sustaining costs per ounce of gold sold are non-GAAP measures. See slide 2, “Cautionary Language”, for an
explanation of the use of these non-GAAP measures. 3. First nine months ending September 30, 2016
31
32. KLGOLD.COM
TSX:KLDIVERSE ASSET PORTFOLIO
Strong Pipeline of Growth Projects
Significant Exploration Potential
• Macassa: Cornerstone, high-grade operation (average reserve grade of 19.2 g/t)
• Fosterville: Flagship operation continuing to demonstrate record production and record grades
• Taylor: Exciting newly-built mine with exploration upside to drive future growth
• Holt-Holloway: Sustainable and profitable production
• Cosmo: New near mine discoveries support improved operations
• Stawell: 30 years of continuous production with near mine exploration discovery
• Holt Mine Complex (Zone 7): Planned production in 2018 will provide >25kozs per year to the Holt Mine
production profile
• Hislop Mine: Potential development asset (shallow open pit opportunity proximal to mill)
• Maud Creek: PEA-stage project planned to produce an average of ~50koz Au/year leveraging excess capacity at
the 100% owned Union Reefs mill
• Big Hill: Low-cost, shallow oxide open pit opportunity within existing Stawell mining lease
• Kirkland Lake Camp: Drilling to test the extension of the SMC and the historic ‘04/Main break at depth
• Porcupine-Destor Fault Zone: Focus to increase mine-life, as well as drill testing a 120km strike length of
prospective ground for new discoveries
• Victoria: New high-grade discovery at Fosterville, active drilling on Aurora B discovery at Stawell
• Northern Territory: New discoveries at Cosmo including Redbelly & Taipan Lode, with continued
exploration success at Sliver Lode
Refer to Reserve and Resource Statementsin Appendix of this presentation. Refer to Slide 31 “NI 43-101 Disclosure”.
32
33. KLGOLD.COM
TSX:KLMACASSA MINE COMPLEX OVERVIEW
0
50000
100000
150000
200000
CY2015 YTD2016
Gold Production (oz)
Prior to 2016 the Company’s year end was May 1 to April 30
F2014A F2015A YTD2016A
Cash Costs
(US$/oz)
$812 $625 $568
AISC (US$/oz) $1,141 $803 $935
• 1,000tpd underground operation
• 70% of ore tonnes derived from the higher grade South
Mine Complex, and 30% from the ‘04 Break mineralization
• Mining to depths of 5400 feet below surface
• 2,000tpd processing capacity (50% unused)
• Conventional CIP milling facility with 4 available mills
grinding to 40 to 45 micron
• Recoveries averaging over 95%
• Opportunities being reviewed to increase production and
reduce costs
Resources are exclusive of Reserves. Refer to Reserve and Resource Statements Slide 31 “NI 43-101 Disclosure”. Refer to Slide 2 “Use of Non-GAAP Measures”.
1 Adjusted to reflect calendar-year production and grade. 2. as at September 30, 2016
1
Reserves & Resources (Dec. 31, 2014)
Mid-point of
F2016 Guidance
#3 Shaft #2 Shaft
155,226 122,849
2
Macassa Mine Complex
Mineral Reserves (P&P) 1.463 Moz @ 19.2g/t Au (2.4 M tonnes)
Mineral Resources
(M&I)
2.047 Moz @ 16.8g/t Au (3.8 M tonnes)
Mineral Resources
(Inferred)
1.177 Moz @ 19.2g/t Au (1.9 M tonnes)
33
34. KLGOLD.COM
TSX:KLSOUTH MINE COMPLEX
Refer to 2015,2015 MD&A detailed mined grade disclosure to actual mined grades
34
5000 – 5100 level average mined grade
(13g/t gold – 15g/t gold)
5200 – 5300 level average mined grade
(14g/t gold – 16g/t gold)
5300 – 5400 level average mined grade
(14g/t gold – 21g/t gold)
Grade trend continues
to increase with depth
Proposed development
SMC zone remain open down
plunge and along strike, drilling underway
40. KLGOLD.COM
TSX:KLHOLT MINE COMPLEX
40
90,676
107,733
127,860
2014A 2015A 2016A
Gold Production (oz)
Mine OverviewStats
2014A 2015A 2016A
Gold Production
(oz)
90,676 107,733 127,860
Gold Grade (g/t) 4.3 5.3 -
Cash Costs
(US$/oz)
$851 $698
AISC (US$/oz) $1,072 $942
• Three producing mines (Holt, Holloway and Taylor)
contribute ~2,200tpd
• Holt contributes ~1,200tpd
• Holloway contributes ~450tpd
• Taylor contributes ~ 550tpd
• 3,000tpd processing capacity (30% unused)
• Conventional CIL milling facility
• 3 mill grinding circuit
• P&P reserves of 0.8 Moz at 5.1 g/t, M&I of 1.4 Moz
at 4.1 g/t and Inferred Resources of 1.8 Moz at 4.6
g/t
• 2016 exploration is focused on increasing the level
of resources and reserves to boost mine life
• In Q4 will commence drill testing targets with
potential to add to the production profile in years
to come
1. Refer to appendix for NI 43-101 Disclosure
41. KLGOLD.COM
TSX:KLHOLT EXPLORATION TARGETS
Tousignant Deposit
Zone 6
Zone 4
Mattawasaga Pits
Zone 7
Surface
1075m Level
925m Level
435m Level
Current drift
development
Long section view looking north
Zone 4 West Extension
500 m1 km 02 km3 km 1 km 1.5 km
TOUSIGNANT TARGET
ZONE 7 TARGET
ZONE 4 TARGET
P&P Reserves1 M&I Resources Inferred Resources
Holt Mine (All Zones)
591 koz
3.9Mt @ 4.8 g/t Au
957 koz
7.6Mt @ 3.9 g/t Au
1.2 Moz
7.9Mt @ 4.7 g/t Au
Zone 4
(includes Zone 4 East)
201 koz
1.5Mt @ 4.3 g/t Au
544 koz
4.4Mt @ 4.0 g/t Au
23 koz
0.2Mt @ 4.0 g/t Au
Zone 4 West Extension - -
861 koz
5,552,000 @4.82g/t Au
Zone 6
147 koz
0.8Mt @ 6.0 g/t Au
48 koz
0.2Mt @ 7.6 g/t Au
28 koz
0.1Mt @ 7.9 g/t Au
Zone 7
152 koz
1.0Mt @ 4.5 g/t Au
159 koz
1.4Mt @ 3.4 g/t Au
92 koz
0.8Mt @ 3.7 g.t Au
411. Refer to appendix for NI 43-101 Disclosure
42. KLGOLD.COM
TSX:KLHOLLOWAY EXPLORATION
Surface
Shaft Bottom
(867m)
Long section view looking north
LIGHTNING DEEP TARGET
(down plunge)
LIGHTNING DEEP (up-dip)
DEEP THUNDER
LIGHTVAL
TARGET
CANAMAXBLACKTOP EAST
HOLLOWAY NORTH
TARGET
Targeting a numberof targets along strike on the Holloway property
• Lightval (surface target)
• Holloway North (~500m below surface)
• Lightning Deep (down plunge to the east, and up dip to the north)
• Blacktop (east and west along strike…and to depth towards Smoke)
P&P Reserves1 M&I Resources Inferred Resources
Holloway Mine
(All Zones)
40 koz
0.2Mt @ 5.4 g/t Au
117 koz
0.8Mt @ 4.6 g/t Au
389 koz
0.2Mt @ 4.9 g/t Au
Lightning Deep Zone
24 koz
0.1Mt @ 5.3 g/t Au
N/A N/A
Blacktop Zone
16 koz
89kt @ 5.5 g/t Au
N/A N/A
Middle Zone -
24 koz
0.2Mt @ 4.2 g/t Au
N/A
Deep Thunder/ Canamax - -
350 koz
2.2Mt @ 4.9 g/t Au
421. Refer to appendix for NI 43-101 Disclosure
43. KLGOLD.COM
TSX:KLCOSMO GOLD MINE OVERVIEW
43
77,740
63,255
55,765
2014A 2015A 2016A
Gold Production (oz)
Mine OverviewStats
2014A 2015A Q4 2016 2016A
Gold
Production
(oz)
77,740 63,255 13,307 55,765
Gold Grade
(g/t)
3.14 2.99 2.78 2.87
Recovery (%) 88.9 90.7 94.5
93.6
Cash Costs
(US$/oz)
$1,000 $917
AISC (US$/oz) $1,263 $1,154
• Located in the Northern Territories which also hosts
additional camps including Union Reefs, Maud
Creek, and Howley
• ~800ktpa underground operation with decline
access employing primarily Avoca mining method
• Mill located at Union Reefs, 67km away from
Cosmo, has 2.0Mtpa processing capacity (60%
unused) and conventional circuit – 3 stage crush, 2
stage ball, gravity and CIL, with regional toll milling
opportunities
• P&P reserves of 101koz at 3.38g/t Au, M&I of
480koz at 3.22 g/t and Inferred Resources of 60koz
at 2.76 g/t
• 2016 drill campaign has 4 drills active on Cosmo
Deeps resulting in 2 new discoveries:
• Redbelly intercepts include 4.29 g/t over 11.8m (ETW
10.0m) and 5.18 g/t Au over 8.75m (ETW 8.75m)
• Taipan Lode intercepts include 6.23 g/t over 21.45m
(ETW 9.0m) and 11.34 g/t over 10.15m (ETW 4.3m)
• Continued drilling success at Sliver with intercepts of
8.76 g/t Au over 8.76 m (ETW 6.8 m) and 3.61 g/t Au
over 14.4 m (ETW 12.4 m)
• Completed Western Drill Drive in Apr 2016 to provide
platforms for continued exploration
44. KLGOLD.COM
TSX:KLCOSMO GOLD MINE LONG SECTION
44
Note: For further information on drill results see NewmarketGold’s press release dated August 22, 2016 located at www.newmarketgoldinc.com
NewDiscoveryRedbellyGoldZone
NewDiscoveryTaipan Gold Zone
SliverGoldZone
Highlight intercepts:
8.76 g/t Au over 7.55m
3.61 g/t Au over 14.4m
Highlight intercepts: 4.29 g/t Au over 11.8m
5.18 g/t Au over 8.75m
Highlight intercepts:
6.23 g/t Au over 21.45m including,
11.34 g/t Au over 10.15m
Fourdiamonddrill
rigsoperating duringQ3 2016
45. KLGOLD.COM
TSX:KLMAUD CREEK PROJECT OVERVIEW
45
Base Case Highlights Utilizing Union Reefs Mill
Based on May2016 Amended PEAusing US$1,200/oz (AUD$1,550)
goldpriceand AUD:USD0.77
Pre-Tax NPV5% US$155 million
IRR (Pre-tax) 116%
After-Tax NPV5% US$105 million
Internal Rate of Return (After-tax) 80%
Pay Back 1.25 years
Pre-Production Capital Cost US$32 million
Mine Life 9.5 years
Diluted Gold Grade 4.2 g/t gold
Gold Recovery (Oxide/Transitional) 85%
Gold Recovery (sulphide) 95%
LOM Recovered Gold 496,000 ounces
Average Annual Production 52,000 ounces
LOM Cash Operating Cost US$632
• Cosmo Gold Mine currently processes ~800,000 tpa though
the Union Reefs Mill (2016 guidance ~60koz)
• Union Reefs Mill has 1.2Mt of excess capacity to treat
additional ore and is located 67km from Cosmo and 144km
from Maud Creek
The PEA is preliminary in nature and is based on a number of assumptions that may be changed in the future as additional information becomes available. The PEA includes inferred mineral resources that are
considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized.
The Maud Creek Gold Project PEA Technical Report is available on Sedar and www.newmarketgoldinc.com and was compiled by Peter Fairfield, Principal Consultant (Project Evaluation), BEng (Mining), FAusIMM
CP (Mining) of SRK Consulting (Australasia) Pty Ltd. By virtue of his education, membership to a recognized professional association and relevant work experience, Peter Fairfield is an independent "Qualified
Person" as such term is defined in NI 43-101. Mineral resources that are not mineral reserves do not have demonstrated economic viability. For full details please see press release dated May 16, 2016.
Refer to Slide 2 “Forward Looking Information”.
46. KLGOLD.COM
TSX:KLSTAWELL GOLD MINE
46
39,230
36,321
32,204
2014A 2015A YTD2016A
Gold Production (oz)
Mine OverviewStats
2014A 2015A YTD2016A Q4 2016 FY 2016
Gold
Production
(oz)
39,230 36,321 25,233 6,971 32,204
Gold Grade
(g/t)
1.67 1.56 1.46 1.49 1.47
Recovery
(%)
78.8 80.8 79.9 84.5 80.9
Cash Costs
(US$/oz)
$1,151 $917 $1,222
AISC
(US$/oz)
$1,193 $1,063 $1,345
• Q4 2016 Stawell Gold Mines put on Care and Maintenance
• Underground operation with decline access employing open
stoping with either CRF or combinations of CRF and rock fill
or all rock fill with pillars
• Current mining fronts comprised of Magdala and surface
oxides stockpiles
• 1.0 Mtpa processing capacity (20% unused); conventional
crush-grind followed by sulphide flotation and CIL
• Open Pit, Big Hill P&P Reserves of 138 koz at 1.36 g/t Au,
M&I of 166 koz at 1.52 g/t and Inferred Resources of 2 koz at
1.15 g/t
• 2016 Drill Campaign has 2 drills active on the East Flank
(mining traditionally focused on West Flank with 2.3 Moz of
past production):
• Aurora B discovery on East Flank with maiden resource of
30,400oz at 3.5 g/t
• Intercepts include 13.7 g/t over 5.4m
• Big Hill Gold Project is a low cost, shallow oxide open pit
opportunity adjacent to Stawell
• Currently awaiting permitting process
47. KLGOLD.COM
TSX:KLSTAWELL GOLD MINE AURORA B GOLD ZONE
47
Maiden Inferred Mineral Resource of
30,400ouncesgrading3.5g/t gold.
The grade of the Aurora B Inferred
Mineral Resource is 42% greater than
the underground Mineral Reserve
grade
East Flank
Target
Aurora A
Traditionally mined
West Flank total
production to date
2.3 million ounces
Magdala
13.7 g/t goldover5.4 m
Aurora B located approximately
500m above Aurora A
Two diamond drill rigs
active on the east flank
52. KLGOLD.COM
TSX:KLNI 43-101 DISCLOSURE
Kirkland Lake Gold Qualified Person and QA/QC
All productioninformationand other scientificand technicalinformationin this presentationwith respect to Kirkland Lake Gold and its assets were preparedin accordancewith the
standardsof the CanadianInstituteof Mining,Metallurgyand Petroleumand NationalInstrument43-101 – Standardsof Disclosurefor Mineral Projects(“NI 43-101”)and were prepared,
reviewed,verified and compiledby Kirkland Lake Gold’s mining staffunder the supervisionof, Pierre RocqueP. Eng.,Kirkland Lake Gold’s Vice President,TechnicalServices.
The explorationprogramsacross KirklandLake Gold’s land holdingsin KirklandLake were prepared,reviewed,verified and compiledby Kirkland Lake Gold’s geologicalstaff under the
supervisionof Doug Cater, P.Geo.,the Company’sVice Presidentof Exploration,CanadianOperations.All reserve and resource estimatesfor the KirklandLake Propertiesas at December 31,
2014 have been auditedand verified,and the technicaldisclosurehas been approved,by KirklandLake Gold’s independentreserve and resourceengineer,Glenn R. Clark, P. Eng.,of Glenn R.
Clark & AssociatesLimited.Mr. Clark is a ‘qualifiedperson’under NI 43-101. The QP’s for the mineral reserves and resourcesoutlinedunder the PDFZ Propertiesare Doug Cater, P. Geo,
and,PierreRocqueP. Eng.,the Vice Presidentof Explorationand the Vice Presidentof mine engineeringrespectively,and not considered independentunder NI 43-101.
Sample preparation,analytical techniques,laboratoriesused and qualityassurance-qualitycontrolprotocolsused during the explorationdrilling programsare done consistentwith industry
standardsand independentcertifiedassay labs.
REFER TO KIRKLAND LAKE GOLD ANNUAL INFORMATION FORM DATED MARCH 10, 2016, AND ST ANDREW GOLDFIELDS LTD. ANNUAL INFORMATION FORM DATED
MARCH 27, 2015, AVAILABLE ON SEDAR (www.sedar.com) FOR COMPLETE NI 43-101 NOTES AND DISCLOSURE PERTAINING TO THE RESOURCE AND RESERVE
STATEMENTS QUOTED HEREIN.
Newmarket Qualified Person and QA/QC
All productioninformationand other scientificand technicalinformationin this presentationwith respect to Newmarketand its assetswere preparedin accordancewith the standardsof
the CanadianInstituteof Mining, Metallurgyand Petroleumand NI 43-101 and were prepared,reviewed,verified and compiledby Newmarket’smining staffunder the supervisionof Mark
Edwards,MAusIMM (CP), MAIG and Newmarket’sGeneral Manager,Exploration,who is the qualifiedpersonfor the purposeof NI 43-101.
Simon Hitchman,FAusIMM (CP), MAIG, ExplorationManager,NewmarketGold,is a "qualifiedperson" as such term is definedin NationalInstrument43-101 and has reviewed and
approvedthe technicalinformationand data includedin this InvestorPresentation.
Troy Fuller, MAIG, GeologyManager,Fosterville Gold Mine, NewmarketGold,is a "qualifiedperson" as such term is definedin NationalInstrument43-101 and has reviewedand approved
the technicalinformationand data includedin this presentation.
Sample preparation,analytical techniques,laboratoriesused and qualityassurance-qualitycontrolprotocolsused during the explorationdrilling programsare done consistentwith industry
standardsand independentcertifiedassay labs.
REFER TO NEWMARKET’S ANNUAL INFORMATION FORM DATED MARCH 21, 2016, AVAILABLE ON SEDAR (www.sedar.com) FOR COMPLETE NI 43-101 NOTES AND
DISCLOSUREPERTAINING TO THE RESOURCE AND RESERVE STATEMENTS QUOTED HEREIN.
52
53. KLGOLD.COM
TSX: KL
TONY MAKUCH
President & Chief Executive OfficerFebruary 2017
200 Bay Street, Suite 3120
RBC Plaza - South Tower
Toronto ON M5J 2J1
Main Telephone: 416-840-7884
Ryan King, Vice President Investor Relations
E:rking@klgold.com
D:778 372 5611
53