Published on: 2/6/2013 10:46:21 AM Print | Font Sizes:  Normal Text Large Text

Kirkland Lake Gold completes cage project


By: Northern Ontario Business staff

The service cage project has been completed at Kirkland Lake Gold. It will be utilized initially to clear a heavy backlog in material waiting to go underground, and to free up the main production hoist to reduce a heavy backlog of ore and waste ready to be hoisted to surface and of equipment waiting to be slung underground.

With the cage in operation, the planned production ramp up to the company's second milestone production rate of from 1,400 to 1,600 tons per day will begin this month. That milestone is expected to be reached in the second quarter of fiscal year 2014 (August to October 2013).

Based on preliminary production results to the end of January, the company is on track to meet its previously announced guidance for fiscal year 2013 of 90,000 to 110,000 ounces of gold sold.

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