10:00 AM EST - Kirkland Lake Gold Inc. : presented its annual gold reserve and resource estimates for its operations in Kirkland Lake, Ontario on both the historic Main Break and the Company's high grade South Mine Complex (SMC) discovered in 2005 its high grade South Mine Complex (SMC). From May through December 2010, the Company concentrated its exploration efforts on expanding the SMC, replacing the ounces mined in the Main Break, and developing drill locations from which new exploration initiatives could be launched on both the SMC and the Main Break. During this period, the Company drilled 133,000 feet of underground drilling and 13,000 feet of surface drilling. This reserve and resource update is based on seven months of exploration drilling due to a change in year-end reserve date, and one month lost due to various logistical challenges and drill movements. Kirkland Lake Gold Inc.
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