|Kirkland Lake Gold - KL.t owns the five former high grade mines that produced 22 million ounces of gold at an average grade of 15.1 grams per tonne. The company is a mid-tier gold producer targeting 620,000 ounces of gold production in 2018 from mines in Canada and Australia.|
Kirkland Lake Gold Ltd. (TSX:KL) (NYSE:KL) (ASX:KLA) today announced solid quarterly production for the first quarter of 2018. A total of 147,644 ounces was produced in Q1 2018, an increase of 13% from the first quarter of 2017. Q1 2018 production exceeded target levels for the quarter, driven by record monthly production in March of 71,615 ounces, which largely reflected positive grade performance at both Fosterville and Macassa. The Company remains on track to achieve its full-year 2018 production guidance of over 620,000 ounces.