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Kirkland Lake Gold Exploration Programs Update: New SMC Footwall Zones Discovered on South Claims; Near Surface Drilling Intersects New High-Grade Lenses

TORONTO, ONTARIO -- (Marketwired) -- 08/26/14 -- Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI), ("KL Gold" or the "Company") an operating and exploration gold company with operations in Ontario, Canada, is pleased to announce recent drilling results which have expanded the mineralization associated with the South Mine Complex ("SMC") on both the South Claims and the HM claim. The near surface drilling program has intersected new high-grade lenses within 360 feet of surface.

Highlights include:


--  New South Zone extended 
    --  New footwall zone discovered; assayed at 12.90 ounces per ton (opt)
        (442.3 grams per tonne (gpt)) over a core length of 1.0 feet. 
    --  Deeper, unrelated footwall zone discovered; assayed at 17.34 opt
        (594.5 gpt) over a core length of 1.7 feet. 
--  HM Claim expected to be upgraded 
    --  Two drill intersections expected to upgrade the resource category 
--  Amalgamated Trend Area 
    --  Two new additional lenses of gold mineralization identified 

"The latest exploration results confirm our belief that on-going exploration will continue to add to the resource and reserve base within the Company's mining lease area," stated Mr. George Ogilvie, Chief Executive Officer.

"The underground exploration has both confirmed additional high grade mineralization and resulted in the discovery of new footwall zones in the SMC. This bodes well for KL Gold's long term future as the Company looks to utilize the SMC, where proven and probable reserve grades are 0.54 opt (18.5 gpt) as the cornerstone of its mine production.

The surface drilling continues at pace with a third drill being added at the beginning of August following the completion of our C$7.5M flow-through financing. Our objectives are to expand the near surface resource from its inaugural NI43-101 Indicated Resource of 310,000 tons at 0.34 opt (11.7 gpt) (104,000 ounces) and Inferred Resource of 131,000 tons at 0.36 opt (12.3 gpt) (48,000 ounces) while also conducting in-fill drilling to eventually produce an initial NI43-101 reserve after the resource has been sufficiently expanded which we expect to be included in our annual calendar year-end complex wide reserve and resource update.

Encouragingly, the near surface mineralization continues to grow and is open across strike and at depth with new zones also being discovered with robust grades. The near surface mineralization in plan view sits 6,500 feet from our mill with a nameplate capacity of 2,200 tons per day with feed ore from the Macassa Mine planned at 1,250 tons per day over the next three years, creating spare capacity in the mill to take any additional supplemental feed source."

The current phase of the underground exploration program, from the Macassa 5,300 foot level, was designed to further extend and upgrade resources on the South Claims to the -5900 foot elevation from a recently completed cross cut to the south as well as additional exploration on the HM claim up dip and along strike. Surface drilling to 1,000 feet below surface further tested mineralization associated with the Amalgamated Trend, located approximately 4,000 feet south of the historically mined Main Break.

Details of the drilling highlights are as follows:


--  The intersection in drill holes 53-2589 (1.48 opt (50.7 gpt) over a true
    width of 9.4 feet) and 53-2590 (0.30 opt (10.3 gpt) over a true width of
    5.4 feet) have extended the New South Zone an additional 288 feet down-
    dip on this part of the South Claims. A new footwall zone was
    intersected as well in 53-2590 which assayed 12.90 opt (442.3 gpt) over
    a core length of 1.0 feet, approximately 53 feet below the New South
    Zone. A deeper, unrelated footwall zone, was intersected in drill hole
    53-2591 and assayed 17.34 opt (594.5 gpt) over a core length of 1.7
    feet. This intersection represents the deepest intersection to date on
    the South Claims, at the -5,855 foot elevation, 180 feet below the New
    South Zone. 
--  Drill hole 53-2588 tested an inferred resource area on the South Claims
    and assayed 0.48 opt (16.5 gpt) over a true width of 31.0 feet. To the
    northeast of the South Claims, drill hole 53-2496 tested a large
    inferred resource area on the HM Claim. This drill hole assayed 1.22 opt
    (41.8 gpt) over a true width of 25.6 feet. Both intersections will
    upgrade the resource category. Drill hole 53-2497 (0.57 opt (19.5 gpt)
    over 4.7 feet true width) has extended the New South Zone on the HM
    claim an additional 125 feet north and up-dip. 
--  The definition drilling program currently underway from surface within
    the Amalgamated Trend resource area has identified two new additional
    lenses of gold mineralization which lie in the footwall of the current
    FW 3 resource block on the South Claims property. The dip of these zones
    appears to be shallower than the current resources in the area (less
    than 45 degrees) and their strike slightly oblique to the current
    resource. Tighter spaced drilling and further interpretation is
    necessary to confirm the geometry and true width of these zones. 
--  These drill holes cover an area approximately 400 feet along strike and
    170 down the dip of these new mineralized zones and lie 270 to 360 feet
    below surface. The mineralization in these zones is of the same style as
    that of the current resource blocks and comprises quartz/carbonate
    veining generally within sericite/carbonate altered sediments with up to
    5-7% pyrite and visible gold. 

The following figure, referred to elsewhere in this release, may be viewed at the Company's website at www.klgold.com.

Figure 1 - plan view showing the latest underground exploration results: http://media3.marketwire.com/docs/KIRKFigure1.pdf

The following table summarizes the latest underground drilling results in imperial values:

5300 LEVEL SMC UNDERGROUND EXPLORATION


----------------------------------------------------------------------------
                                   HOLE  AZI-                               
                                    DIP  MUTH                               
DRILL                 FROM     TO (deg- (deg-                          ASSAY
HOLE No.  ZONE      (feet) (feet) rees) rees)              (oz per ton/feet)
----------------------------------------------------------------------------
53-2588   New South  727.7  765.5   -37   318         0.48/37.8' CL=31.0' TW
South     Incl.      744.6  745.7                   0.98/1.1' CL=0.9' TW, VG
 Claims                                                                     
          and        759.0  760.0                   1.93/1.0' CL=0.9' TW, VG
          and        760.0  761.0                  6.59/1.0' CL=0.9' TW, VG.
                                                                        Tell
----------------------------------------------------------------------------
53-2584   New South                 -32   302  NSV, Intersected diabase dyke
South                                                                       
 Claims                                                                     
----------------------------------------------------------------------------
53-2586A  New South  705.0  712.0   -39   305            0.05/7.0' CL=TW Not
South                                                             Calculated
 Claims                                                                     
                                                                            
----------------------------------------------------------------------------
53-2587   New South  673.0  676.5   -49   305            0.22/3.5' CL=TW Not
                                                                  Calculated
South                                                                       
 Claims                                                                     
----------------------------------------------------------------------------
53-2589   New South  709.0  719.8   -46   318          1.48/10.8' CL=9.4' TW
South     Incl.      709.0  710.0                   1.04/1.0' CL=0.9' TW, VG
 Claims                                                                     
          and        710.0  711.0                   1.79/1.0' CL=0.9' TW, VG
          and        711.0  712.9                       1.01/1.9' CL=1.7' TW
          and        715.0  716.2                   4.03/1.2' CL=1.1' TW, VG
          and        716.2  717.8                       1.14/1.6' CL=1.4' TW
          and        718.8  719.8                   3.46/1.0' CL=0.9' TW, VG
----------------------------------------------------------------------------
53-2590   New South  674.3  679.8   -55   318           0.30/5.5' CL=5.4' TW
South     Incl.      678.8  679.8                   0.90/1.0' CL=1.0' TW, VG
 Claims                                                                     
          New        721.8  722.8                   12.90/1.0' CL=??' TW, VG
          Footwall                                                          
          1                                                                 
                                                 3.50/1.0' CL=??' TW Cut(ii)
----------------------------------------------------------------------------
53-2591   New South  714.4  717.6   -42   326           0.44/3.2' CL=2.9' TW
South     Incl.      714.4  715.4                   0.86/1.0' CL=0.9' TW, VG
 Claims                                                                     
          New        888.2  889.9                  17.34/1.7' CL=??' TW, VG,
          Footwall                                                      Tell
          2                                                                 
                                                3.50/1.7' CL=??' TW, Cut(ii)
----------------------------------------------------------------------------
53-2495   New South  548.5  551.8   -90     0            0.21/3.3' CL=TW Not
                                                                  Calculated
HM Claim                                                                    
----------------------------------------------------------------------------
53-2496   New South  612.3  642.2   -50   310         1.22/29.9' CL=25.6' TW
HM Claim  Incl.      612.3  614.0                       1.85/1.7' CL=1.5' TW
          and        614.0  616.1              5.00/2.1'CL=1.8' TW, VG, Tell
          and        616.1  617.6                  6.91/1.5' CL=1.3' TW, VG,
                                                                        Tell
          and        637.7  639.5                   2.84/1.8' CL=1.5' TW, VG
          and        639.5  640.8                       1.53/1.3' CL=1.1' TW
----------------------------------------------------------------------------
53-2497   New South  897.0  905.7   -31   320           0.57/8.7' CL=4.7' TW
HM Claim  Incl.      903.6  905.7                       1.15/2.1' CL=1.1' TW
----------------------------------------------------------------------------
                                                                            
TW = True Width, CL = Core Length, VG = Visible Gold, TW = True Width       
Unknown, Tell = Tellurides (i)Cut = cut to 7.2 opt, (ii)Cut = cut to 3.5    
opt., TW Not Calculated=Intersection will not make minimum requirements to  
estimate a resource.                                                        

The following table summarizes the latest surface drilling results in imperial values:

SURFACE EXPLORATION


----------------------------------------------------------------------------
                                   HOLE  AZI-                               
                                    DIP  MUTH                               
DRILL                 FROM     TO (deg- (deg-                          ASSAY
HOLE No.  ZONE      (feet) (feet) rees) rees)              (oz per ton/feet)
----------------------------------------------------------------------------
AB-14-32  New Zone   335.8  337.5   -55   321        11.95/1.7' CL=?? TW, VG
                                                3.5/1.7' CL=0.9' TW, VG, Cut
----------------------------------------------------------------------------
AB-13-135 New Zone   380.3  381.6   -51   321         1.01/1.3' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-28  New Zone   331.0  332.5   -67   321             0.22/1.5' CL=?? TW
----------------------------------------------------------------------------
AB-14-31  New Zone   339.5  340.5   -57   321             1.20/1.0' CL=?? TW
----------------------------------------------------------------------------
AB-14-34  New Zone   327.0  328.0   -48   322         2.21/1.0' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-36  New Zone   356.5  357.5   -44   325         0.72/1.0' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-63  New Zone   352.3  354.1   -63   329         0.84/1.8' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-64  New Zone   352.5  353.5   -59   328         0.45/1.0' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-65  New Zone   359.2  360.2   -45   328         0.83/1.0' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-69  New Zone   363.4  367.5   -56   328         0.39/4.1' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-70  New Zone   369.4  370.4   -43   327         0.44/1.0' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-72  New Zone   372.4  373.4   -44   331         2.51/1.0' CL=?? TW, VG
----------------------------------------------------------------------------
AB-14-73  New Zone   339.5  340.5   -57   321         0.55/2.1' CL=?? TW, VG
----------------------------------------------------------------------------
                                                                            
CL = Core Length, VG = Visible Gold, TW = True Width Unknown, Cut = cut to  
3.5 opt                                                                     

The following table summarizes the latest underground drilling results in metric values:

5300 LEVEL SMC UNDERGROUND EXPLORATION


----------------------------------------------------------------------------
                                   HOLE  AZI-                               
                                    DIP  MUTH                               
DRILL                 FROM     TO (deg- (deg-                          ASSAY
HOLE No.  ZONE         (m)    (m) rees) rees)            (Grams Per tonne/m)
----------------------------------------------------------------------------
53-2588   New South  221.8  233.3   -37   318         16.46/11.5m CL=9.4m TW
South     Incl.      227.0  227.3                  33.60/0.3m CL=0.3m TW, VG
 Claims                                                                     
          and        231.3  231.6                  66.17/0.3m CL=0.3m TW, VG
          and        231.6  232.0              225.94/0.4m CL=3m TW, VG.Tell
----------------------------------------------------------------------------
53-2584   New South                 -32   302  NSV, Intersected diabase dyke
South                                                                       
 Claims                                                                     
----------------------------------------------------------------------------
53-2586A  New South  214.9  217.0   -39   305            1.71/2.1m CL=TW Not
South                                                             Calculated
 Claims                                                                     
----------------------------------------------------------------------------
53-2587   New South  205.1  206.2  -49   305             7.54/1.1m CL=TW Not
                                                                  Calculated
South                                                                       
 Claims                                                                     
----------------------------------------------------------------------------
53-2589   New South  216.1  219.4   -46   318          50.74/3.3m CL=2.7m TW
South     Incl.      216.1  216.4                  35.66/0.3m CL=0.3m TW, VG
 Claims                                                                     
          and        216.4  216.7                  61.34/0.3m CL=0.3m TW, VG
          and        216.7  217.3                      34.63/0.6m CL=0.5m TW
          and        217.9  218.3                 138.17/0.4m CL=0.3m TW, VG
          and        218.3  218.8                      39.09/0.5m CL=0.4m TW
          and        219.1  219.4                 118.63/0.3m CL=0.3m TW, VG
----------------------------------------------------------------------------
53-2590   New South  205.5  207.2   -55   318          10.29/1.7m CL=1.6m TW
South     Incl.      206.9  207.2                  30.86/0.3m CL=0.3m TW, VG
 Claims                                                                     
          New        220.0  220.3                  442.29/0.3m CL=??m TW, VG
          Footwall                                                          
          1                                                                 
                                                      120.00/0.3m CL=??m TW,
                                                                     Cut(ii)
----------------------------------------------------------------------------
53-2591   New South  217.7  218.7   -42   326          15.09/1.0m CL=0.9m TW
South     Incl.      217.7  218.1                  29.49/0.4m CL=0.3m TW, VG
 Claims                                                                     
          New        270.7  271.2                 594.52/0.5m CL=??m TW, VG,
          Footwall                                                      Tell
          2                                                                 
                                                      120.00/0.5m CL=??m TW,
                                                                     Cut(ii)
----------------------------------------------------------------------------
53-2495   New South  167.1  168.2   -90     0  7.2/1.1m CL=TW Not Calculated
HM Claim                                                                    
----------------------------------------------------------------------------
53-2496   New South  186.6  195.7   -50  310           41.83/9.1m CL=7.8m TW
HM Claim  Incl.      186.6  187.1                      63.43/0.5m CL=0.5m TW
          and        187.1  187.8                 171.43/0.7m CL=0.5m TW, VG
                                                                        Tell
          and        187.8  188.2                 236.92/0.4m CL=0.4m TW, VG
                                                                        Tell
          and        194.3  194.9                  97.37/0.6m CL=0.5m TW, VG
          and        194.9  195.3                      52.46/0.4m CL=0.3m TW
----------------------------------------------------------------------------
53-2497   New South  273.4  276.1   -31   320          19.54/2.7m CL=1.4m TW
HM Claim  Incl.      275.4  276.1                      39.43/0.7m CL=0.3m TW
----------------------------------------------------------------------------
                                                                            
TW = True Width, CL = Core Length, VG = Visible Gold, TW = True Width       
Unknown, Tell = Tellurides (i)Cut = cut to 246.9 grams/tonne, (ii)Cut = cut 
to 120 grams/tonne., TW Not Calculated=Intersection will not make minimum   
requirements to estimate a resource.                                        

The following table summarizes the latest surface drilling results in metric values:

SURFACE EXPLORATION


----------------------------------------------------------------------------
                                   HOLE  AZI-                               
                                    DIP  MUTH                               
DRILL                 FROM     TO (deg- (deg-                          ASSAY
HOLE No.  ZONE         (m)    (m) rees) rees)            (Grams Per tonne/m)
----------------------------------------------------------------------------
AB-14-32  New Zone   102.4  102.9   -55   321      409.78/0.5m CL=??m TW, VG
                                                  120.00/0.5m CL=??m TW, VG,
                                                                         Cut
----------------------------------------------------------------------------
AB-13-135 New Zone   115.9  116.3   -51   321       34.70/0.4m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-28  New Zone   100.9  101.3   -67   321            7.61/0.5m CL=??m TW
----------------------------------------------------------------------------
AB-14-31  New Zone   103.5  103.8   -57   321           41.28/0.3m CL=??m TW
----------------------------------------------------------------------------
AB-14-34  New Zone    99.7  100.0   -43   322       75.67/0.3m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-36  New Zone   108.7  109.0   -44   325       24.82/0.3m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-63  New Zone   107.4  107.9   -63   329       28.87/0.5m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-64  New Zone   107.4  107.7   -59   328       15.26/0.3m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-65  New Zone   109.5  109.8   -45   328       28.32/0.3m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-69  New Zone   110.8  112.0   -56   328       13.27/1.2m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-70  New Zone   112.6  112.9   -43   327       15.09/0.3m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-72  New Zone   113.5  113.8   -44   331       86.13/0.3m CL=??m TW, VG
----------------------------------------------------------------------------
AB-14-73  New Zone   113.0  103.6   -57   321       18.82/0.6m CL=??m TW, VG
----------------------------------------------------------------------------
                                                                            
CL = Core Length, VG = Visible Gold, TW = True Width Unknown, Cut = cut to  
120 grams/tonne.                                                            

Technical Information and Qualified Person Notes

The results of the Company's underground diamond drilling program have been reviewed, verified (including sampling, analytical and test data) and compiled by the Company's geological staff (which includes a 'qualified person', Stewart Carmichael P.Geo. the Company's Chief Exploration Geologist, for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects, of the Canadian Securities Administrators). Mr. Carmichael also supervised the preparation of the information that forms the basis of the technical disclosure and reserve estimates in this release.

The Company has implemented a quality assurance and control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. The drill core is sawn in half with one half of the core samples shipped to Swastika Laboratories in Swastika, Ontario. The other half of the core is retained for future assay verification. Other QA/QC includes the insertion of blanks, and the regular re-assaying of pulps and rejects at alternate certified labs. Gold analysis is conducted by fire assay using atomic absorption or gravimetric finish. The laboratory re-assays at least 10% of all samples and additional checks may be run on anomalous values.

The Company's Macassa Mine Property is the subject of a reserve report prepared by Glenn R. Clark, P.Eng. titled Review of Resources and Reserves of Macassa Mine, Kirkland Lake, Ontario at January 1, 2014 dated June 5, 2014, which has been filed on SEDAR (www.sedar.com).

About the Company

Kirkland Lake Gold Inc.'s corporate goal is to create a self-sustaining and long-lived intermediate gold mining company based in the historic Kirkland Lake Gold Camp. The Company plans to do this by mining to the reserve grade, generating profits and free cash flow for the shareholders. The Company will also look to take advantage of its increased infrastructure capacity in the appropriate gold price environment. At the same time, the Company is committed to maintaining a significant exploration program aimed at developing and maintaining a property wide reserve and resource base sufficient to sustain a mine life of more than ten years.

Over the last several years the Company has invested significant capital to improve the infrastructure of the business including upgrading the production hoist, skips, mill, underground mobile equipment and capital development. From initial discovery to present day there have been over 24 million ounces of gold mined from the Kirkland Lake camp while the current reserve and resource provides for potentially 14 years of mining with significant exploration upside.

Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and neither accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward Looking Statements

This Press Release contains statements which constitute " forward-looking statements", including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to the future business activities and operating performance of the Company. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the Company's expectations in connection with the projects and exploration programs being met, the impact of general business and economic conditions, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, fluctuating gold prices, currency exchange rates (such as the Canadian dollar versus the United States dollar), possible variations in ore grade or recovery rates, changes in accounting policies, changes in the Company's corporate mineral resources, changes in project parameters as plans continue to be refined, changes in project development, construction, production and commissioning time frames, the possibility of project cost overruns or unanticipated costs and expenses, higher prices for fuel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, unexpected changes in mine life, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, and limitations on insurance, as well as those risk factors discussed or referred to in the Company's Management's Discussion and Analysis and Annual Information Form each for the year ended April 30, 2014 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 statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially from those expected, there may be others that cause results not to be as anticipated. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law.

Glossary of Terms

National Instrument 43-101 Definitions of Resources and Reserves

The Reserve and Resource estimation classifications as prescribed in National Instrument 43-101 are given here for clarity.

Mineral Resource

Mineral Resources are sub-divided into 3 categories depending on the geological confidence.

The highest level with the most confidence is the 'Measured' category. The next level of confidence is the 'Indicated' category and the lowest level, or the resource with the least confidence, is the 'Inferred' category.

Inferred Mineral Resource

An 'Inferred Mineral Resource' is that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling, gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes.

Indicated Mineral Resource

An 'Indicated Mineral Resource' is that part of a Mineral Resource for which quantity, grade or quality, densities, shape and physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed.

Measured Mineral Resource

A 'Measured Mineral Resource' is that part of a Mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity.

Mineral Reserve

Mineral Reserves are sub-divided into 2 categories. The highest level of Reserves or the level with the most confidence is the 'Proven' category and the lower level of confidence of the Reserves is the 'Probable' category. Reserves are distinguished from resources as all of the technical and economic parameters have been applied and the estimated grade and tonnage of the resources should closely approximate the actual results of mining. The guidelines state "Minerals Reserves are inclusive of the diluting material that will be mined in conjunction with the Mineral Reserve and delivered to the treatment plant or equivalent facility." The guidelines also state that, "The term 'Mineral Reserve' need not necessarily signify that extraction facilities are in place or operative or that all government approvals have been received. It does signify that there are reasonable expectations of such approvals."

Probable Mineral Reserve

A 'Probable Mineral Reserve' is the economically mineable part of an Indicated and in some circumstances a Measured Mineral Resource demonstrated by a least a Preliminary Feasibility Study. This study must include adequate information on mining, processing, metallurgical, economic, and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified.

Proven Mineral Reserve

A 'Proven Mineral Reserve' is the economically mineable part of a Measured Mineral Resource demonstrated by at least a Preliminary Feasibility Study. This study must include adequate information on mining, processing, metallurgical, economic, and other relevant factors that demonstrate, at the time of reporting, that economic extraction is justified.

A more detailed list of technical terms can be found at http://klgold.com/cmsAssets/docs/pdfs/2013/2013%20Annual%20Information%20Form.pdf

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The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
In his session at 19th Cloud Expo, Claude Remillard, Principal Program Manager in Developer Division at Microsoft, contrasted how his team used config as code and immutable patterns for continuous delivery of microservices and apps to the cloud. He showed how the immutable patterns helps developers do away with most of the complexity of config as code-enabling scenarios such as rollback, zero downtime upgrades with far greater simplicity. He also demoed building immutable pipelines in the cloud ...
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...