Kirkland Lake Gold and the mother lode...

For the past couple of months, I have been waiting for things to develop at Kirkland Lake Gold. They have been working on driving a horizontal drift about 250o' across to a very prospective area, some 5300 feet below surface. Tonight, they announced the richest grades ever discovered in the history of the camp:

Kirkland Lake Gold Inc.: Drilling to the South Returns 5.57 Ounces of Gold per Ton over 50 Feet 'uncut'; Highest Grade Gold Intersection in New System and in Camp

Tuesday September 5, 6:56 pm ET

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 5, 2006) - Kirkland Lake Gold Inc. (the "Company") (TSX:KGI - News; AIM:KGI) is pleased to announce a significant drill hole intersection from the exploration and development program developing the new gold system to the south of the Camp's Main Break.

As part of this program, the Company is attempting to define the scale and size of this gold system through drilling and development mining out to the area via the 5300 Level cross cut. In Drill Hole 50-740 the Company has intersected high-grade gold mineralization on what is interpreted to be the north extension of the Lower D North Zone, one of the mineralized zones in this system. Drill Hole 50-740 has intersected 5.57 ounces of gold per ton (uncut) over a core length of 50 feet, including 181.5 ounces of gold per ton over a core length of 1.0 feet

This new 50 foot intersection correlates well with the two zones drifted on the Lower D North from the 5300 Level cross cut 360 feet to the west. The first of the two zones averaged 1.23 ounces of gold per ton (uncut) over a horizontal width of 7.3 feet and a drift length of 86 feet. The second averaged 2.12 ounces of gold per ton (uncut) over a horizontal width of 6.4 feet and a drift length of 67 feet (see press release dated August 10th, 2006).

"These results confirm the Company's decision to make generating information about this new area through stepped up drilling and development mining the operation's top priority," commented Stewart Carmichael, Chief Exploration Geologist. "In addition to this intersection in Drill Hole 50-740, there are six other mineralized intercepts further down the hole, grading as high as 1.11 ounces of gold per ton over a core length of 4.7 feet and 1.87 ounces of gold per ton over a core length of 1.1 feet."

Highlights of the current results include:

- Drill Hole 50-740 has intersected 5.57 ounces of gold per ton (uncut) over a core length of 50 feet, including 181.5 ounces of gold per ton (opt) over a core length of 1.0 feet. With all high assays cut to 3.50 opt, the interval averages 1.11 opt over a core length of 50 feet.

- The 181.5 opt assay over a core length of 1.0 Ffeet within the 50 foot intersection is the highest recorded drill hole intersection in the history of the Kirkland Lake Camp and replaces LK Zone discovery hole which held the previous record of 102.5 opt over 1.5 foot core length (see press release dated September 20, 2004).

Full release