Kirkland Lake reports increases in reserves of SMC

Kirkland Lake Gold Inc., a Canadian gold mining company that owns and operates the five major gold properties in Kirkland Lake, Ontario, provides its new year-end (April 30, 2008) gold reserve and resource estimates for its operations in Kirkland Lake.

The reserve and resource estimates are being provided on both the historic Main Break and the recently discovered South Mine Complex (SMC), which consists of 15 or more mineralised zones, five of which have been defined over strike lengths in excess of 1,000 feet.

Since April 2007, the company concentrated it exploration efforts on the SMC and has realised substantial increases in all categories of reserves and resources.

These increases are attributable to drifting, definition diamond drilling as well as exploration diamond drilling from both the new 5000 and 5300 level cross cuts.

Company President, Brian Hinchliffe, said the exploration team has added more than 900 thousand ounces of high grade gold reserves and resources since our last property wide presentation of reserves and resource two years ago.

When you are competing against the execution of large capex programs in the SMC and gold production from the Main Break, the team did a great job keeping five drills going for most of the year and are planning to add two more drills this fiscal year, concluded Mr. Hinchliffe.