KL SOUTH

This campaign marks the first systematic and fully integrated, large-scale exploration of the asset in over a decade.

Toronto, ON – December 18 ,  2025 – Kirkland Lake Discoveries (TSX-V: KLDC, OTCID: KLKLF) (“KLDC” or the “Company”)  is pleased to announce that it has entered into a definitive agreement dated December 16, 2025 (the "Purchase Agreement") with Orecap Invest Corp. ("Orecap") providing for the acquisition of the Mirado Gold Project, a 2,500-hectare property hosting an inferred historical resource of 10.6 Mt at 1.29 g/t for ~442,000 oz Au with strong opportunities for near-resou