Goal is to add 30-40 years of mine life at KL Gold with new shaft – by Ron Grech (Timmins Daily Press – March 21, 2019)

https://www.timminspress.com/

The president and chief executive officer of Kirkland Lake Gold presented an optimistic future for the Macassa Mine while speaking to an audience of business people in Timmins on Wednesday.

The president and chief executive officer of Kirkland Lake Gold presented an optimistic future for the Macassa Mine while speaking to an audience of business people in Timmins on Wednesday.

Tony Makuch was the guest speaker at an Inside Their Business luncheon hosted by the Timmins Chamber of Commerce at the Porcupine Dante Club. In January 2018, Kirkland Lake Gold announced plans to sink a new shaft at the Macassa Mine.

Makuch spoke of the Macassa Mine as a “success story” in which old assets have been revitalized and given new life. The shaft project added fuel to Makuch’s optimism.

“When I first came to Kirkland Lake two years ago, they had maybe eight years of mine life ahead of us — five years at Holt Mine and a few years at Taylor,” said Makuch, who was born and raised in Timmins.

“Part of our goal with the shaft is to create 30 to 40 years of mine life here and so what it means for the company and the area and the people, is sustainability in the region.” The company employs close to 2,000 people at its Kirkland Lake operation and well over 2,500 if you include contractors and service providers.

For the rest of this article: https://www.timminspress.com/news/local-news/goal-is-to-add-30-40-years-of-mine-life-at-kl-gold-with-new-shaft

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