🕐11.02.10 - 10:11 Uhr
KIRKLAND LAKE GOLD INC. APPOINTS COO AND CFO
February 11, 2010
Symbol - TSX & AIM: KGI
KIRKLAND LAKE GOLD INC.
APPOINTS COO AND CFO
Kirkland Lake Gold Inc.
("Kirkland Lake" or the "Company") is pleased to announce that Mark Stephen Tessier (52) has been appointed Chief Operating Officer and John Sidney Thomson (45) has been appointed Chief Financial Officer.
In addition, Mr.
Tessier and Mr.
Thomson have been appointed to the Board of Directors.
Mr.
Tessier has worked with Kirkland Lake since August 2008 serving as Vice President Operations, driving the Companys two phase 36-month development plan to increase production to 80,000-100,000 ounces in phase one, which is currently underway, and to 180,000-200,000 ounces in a planned phase two.
Mark is a mining engineer with over 30 years experience in underground mining, including seven years overseeing the underground mine expansion project and subsequent underground mine operations at Goldcorps Red Lake Mine between 1999 and 2006.
"Since Mark joined us in 2008, he has been a valuable asset to our team and instrumental to Kirkland Lake, helping us to achieve our objective of transitioning to an intermediate gold producer.
As COO and a member of our Board, the Company will continue to benefit from his extensive industry knowledge and leadership skills," commented Harry Dobson, Chairman.
Mr.
Thomson is a Chartered Accountant having studied at INSEAD.
John has been interim CFO of the Company now for nearly five years and therefore has an intimate working knowledge of the business, our operations and objectives.
"John brings to Kirkland Lake a breadth of experience in international financial management.
As we develop our plan to increase production and revenues, we are pleased John will oversee this transition as Chief Financial Officer and has agreed to join the Board," concluded Mr.
Dobson.
John Thomson is also a current or past director of the following companies.
Present
Past
Rambler Metals and Mining PLC
Parragon Books Limited
Parragon Publishing Limited
NumberLink (Scotland) Limited
Bright Solid Group Limited
Bright Solid Tech.
Limited
MWOL Limited
Bright Solid On Line Pub.
Limited
Belvedere Resources Limited
Find My Past Holdings Limited
Vianet Group PLC
Vianet Limited
Save for the information disclosed above, there is no other information required to be disclosed pursuant to Schedule Two (g) of the AIM Rules.
About Kirkland Lake Gold Inc.
The Company purchased the Macassa Mine and the 1,450 ton per day mill along with four former producing gold properties - Kirkland Lake, Teck-Hughes, Lake Shore and Wright Hargreaves - in December 2001.
These properties, which have historically produced some 22 million ounces of gold, extend over seven kilometres between the Macassa Mine to the west and Wright Hargreaves to the east and, for the first time, are being developed and explored under one owner.
This camp is located in the Southern Abitibi Greenstone Belt of Kirkland Lake, Ontario, Canada.
The Companys common shares trade on the TSX (Toronto Stock Exchange) and on the AIM Market of the London Stock Exchange.
The Companys senior management and Board of Directors have extensive experience in the natural resource and mining sectors that include exploration, mining and marketing, as well as experience in the legal and corporate finance areas.
For further information, please contact:
Kirkland Lake Gold Inc.
Brian Hinchcliffe
President
1 705 567 5208
Fax: 1 705 568 6444
Kirkland Lake Gold Inc.
Lindsay Carpenter
Director of Investor Relations
416-840-7884
Kirkland Lake Gold Inc.
Scott Koyich
Investor Relations
1 403 215 5979
Pelham Bell Pottinger
Klara Kaczmarek
+44 20 7337 1524
NOMAD: Panmure Gordon (UK) Limited
Dominic Morley
+44 20 7459 3600
NOMAD: Panmure Gordon (UK) Limited
Ashton Clanfield
+44 20 7459 3600
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.
Klara Kaczmarek
Account Director
Direct line: +44(0)20 7337 1524
Mobile: +44 (0)7859 048 228
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Pelham Bell Pottinger
12 Arthur Street, London, EC4R 9AB
Tel: +44 (0)20 7337 1500 Fax: +44 (0)20 7337 1550
www.pelhambellpottinger.co.uk
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