07:11 AM EST, 01/30/2017 (MT Newswires) -- Kirkland Lake Gold Ltd. (KL.TO) - which is sitting at 52 week high levels after jumping 4.8% on Friday - reported Monday new exploration drill results from surface and underground drilling at its Taylor Gold Mine Complex located in Northeastern Ontario and situated along the "prolific" Porcupine Destor Fault which is host to numerous gold deposits. According to a statement, the company controls an extensive land package extending approximately 120 km along the PDF, a portion of which hosts Taylor. At Taylor, the company has currently identified three major mineralized deposits along the PDF which include the West Porphyry Deposit which contains the majority of the Mineral Resource and Mineral Reserve estimates in the middle of the property and where active mining currently takes place, the Shoot Deposit located to the west of the property, and the Shaft Deposit located on the eastern side.

The KL statement said all drilling targeted new mineralized extensions situated both at depth and along strike to the east of the Shaft Deposit and west of the WPZ, which includes the 1003, 1004, and 1008 Zones.

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