Kirkland Lake Gold Announces Proposed Changes to Its Board of Directors - Seite 2

Mr. Barry Paul Olson, aged 61, has over 25 years' experience in strategic management and leadership in engineering, construction, start-up and operations of gold mining companies, including Amax Gold Inc. where he spent 10 years (1988-98), Coeur (2001-2006), and more recently at Goldcorp Inc. where he moved from Vice-President to Senior Vice-President in Project Development from August 2006 to October 2013. He has successfully managed multi-billion dollar international projects with operations in Nevada, California, Mexico, Chile, and Argentina.

Mr. Jeffrey Scott Parr, aged 57, a Chartered Professional Accountant (CPA, CA 1984), received his Master of Business Administration degree from McMaster University in 1982 and a Bachelor of Arts in Economics from the University of Western Ontario in 1979. He has over 28 years of experience in the mining and service provider industries. He joined Centerra in 2006 and was appointed Chief Financial Officer in 2008. From 1997 to 2006 he worked for Acres International as Chief Financial Officer, and from 1988 to 1997, held progressively senior financial positions at WMC International ultimately serving as the company's Executive Vice President.

Mr. Parr is a member of the Canadian Institute of Chartered Professional Accountants, Financial Executives International (FEI Canada) and the Institute of Chartered Professional Accountants of Ontario.

A further announcement will be made following the conclusion of the AGM in respect of the proposed appointments.

About the Company

Kirkland Lake Gold's corporate goal is to create a self-sustaining and long-lived intermediate gold mining company based in the historic Kirkland Lake Gold Camp. The Company plans to do this by mining to the reserve grade, generating profits and free cash flow for the shareholders. The Company will also look to take advantage of its increased infrastructure capacity in the appropriate gold price environment. At the same time, the Company is committed to maintaining a significant exploration program aimed at developing and maintaining a property wide reserve and resource base sufficient to sustain a mine life of more than ten years.

Over the last several years the Company has invested significant capital to improve the infrastructure of the business including upgrading the production hoist, skips, mill, underground mobile equipment and capital development. From initial discovery to present day there have been over 24 million ounces of gold mined from the Kirkland Lake camp while the current reserve and resource provides for potentially 10 years of mining with significant exploration upside.

Kirkland Lake Gold Inc.
George Ogilvie, P.Eng.
President and CEO
[phone]
[phone] (FAX)
[e-mail]
www.klgold.com

Blytheweigh
Tim Blythe/Halimah Hussain/Camilla Horsfall
[phone]

NOMAD: Panmure Gordon (UK) Limited
Dominic Morley/Adam James
[phone]