NEWS

The program intersected high-grade copper sulphides from surface and led to two new gold and critical mineral discoveries, confirming a new intrusive-related mineralizing system centered on the Winnie Pluton with a 17-km perimeter.

This financing represents a major vote of confidence in our vision and our team. With over $12 million in new capital, KLDC is now fully funded to advance multiple high-priority drill targets across our extensive land position in Kirkland Lake. We’re excited to drive increased momentum and demonstrate the discovery potential of this exceptional district.

Toronto, ON – October 9 ,  2025 – Kirkland Lake Discoveries (TSX-V: KLDC, OTCID: KLKLF) (“KLDC” or the “Company”) is pleased to announce...

The upsized Offering will now consist of the issuance of Premium Units at a price of C$0.37 per Premium Unit, Units at a price of $0.25 per Unit and FT Shares at a price of $0.30 per FT Share, in any combination to raise aggregate gross proceeds of up to $14 million.

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KLDC is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it shall issue (i) flow-through shares at a price of $0.30 per FT Share; and (ii) units (each, a "Unit") at a price of $0.25 per Unit, in any combination, to raise aggregate gross proceeds of up to $7,000,000.

KLDC is pleased to report that recent drilling at the KL West Property has expanded the mineralized system, with three additional holes intersecting semi-massive to massive sulphides. The results confirm the role of the Winnie Pluton as a key driver of mineralization and represent a significant advance in the Company’s intrusive-related exploration model across a district-scale land position.

The geological characteristics we’ve encountered in our very first drill hole have exceeded our expectations and fundamentally validate our interpretation of the Winnie system.

With strong surface results, supportive geology, and a well-developed model, we believe this program could be a catalyst for a new discovery.

The work builds on KLDC’s recent surface discoveries and geophysical targeting and supports multiple compelling targets for the Company’s upcoming inaugural drill program at Winnie Lake.

The KLDC field team has completed detailed prospecting, mapping, access planning, outcrop stripping, and channel sampling in preparation for the Company’s inaugural drill campaign at the Winnie intrusive. The focus is to test the potential for a copper-gold bearing intrusion-related system at the Winnie Lake showing and to evaluate newly identified geophysical and geochemical targets.

With the technical groundwork in place, permits in hand for key areas, and boots on the ground, KLDC is advancing a large-scale, underexplored VMS system supported by compelling historical drill results, strong geophysical signatures, and multi-element soil anomalies.

KLDC has entered into a Mining Option Agreement with Val-d’Or Mining Co. to acquire a 100% interest in the Winnie Lake and Amikougami properties, near Kirkland Lake, Ontario.

KLDC announces completion of the Phase 3 (Fall 2024) drill program at the Hargreaves shaft and the Jo Zone on the Goodfish-Kirana claim grou