UPDATE: Kirkland Lake Gold Up 1% as Announces Production for its Fiscal 2012 First Quarter

Kirkland Lake Gold Inc. (KGI.TO), an operating and exploration gold mining company located in Ontario, Canada, said production for the first quarter of its 2012 fiscal year (May 1 to July 31, 2011) was 25,060 ounces of gold from 57,500 tons of ore grading an average of 0.4521 ounces of gold per ton. All results were slightly above plan and budget, it said. Chairman Harry Dobson said: "We are very satisfied with the results of the first quarter, and we remain on target to meet our goals for production, exploration, and capital projects for this fiscal year."

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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