Excerpted from Kirkland Lake press release on E-Trade, July 21'09:

Cash resources (including short term investments) as at April 30, 2009 were $25.4 million and are expected to be sufficient to fund the Company's planned exploration and development activities for the next 12 months. As at July 17, 2009, the Company had cash resources of $30.4 million.

"Further to the Company's news release of July 7th where it reported an obstruction in the paste fill bore hole, a 3 inch diamond drill hole has successfully been drilled through the plug and the hole is now free draining," said Brian Hinchcliffe, Company President. "Additional steps will be taken to remove the remnants of the plug and return the borehole to operating condition which if all goes well the hole could be cleared, back in operating condition by the end of July but we are still evaluating the financial impact of this brief interruption to production and will update the market in due course."