Kirkland Lake Discoveries Announces Retirement of Founder, President & CEO

by ahnationtalk on May 15, 202439 Views

Toronto, ON – May 15, 2024 – Kirkland Lake Discoveries (TSX-V: KLDC; OTC: KLKLF) (“Kirkland Lake Discoveries” or the “Company”) today announced a strategic transition, effective immediately, with the retirement of Founder, President, and CEO, Ms. Danièle Spethmann from her role as President, CEO and as a director of the Company. This change comes as a mutual decision and Ms. Spethmann will act as a Strategic Advisor for the Company going forward. The Board and Management Team thank Ms. Spethmann for her significant contributions and look forward to her continued guidance in shaping the strategic direction of the Company. Stefan Sklepowicz, Vice President of Corporate Development, will take over as Interim CEO.

Ms. Spethmann, who has been at the helm of Kirkland Lake Discoveries since 2015, has successfully expanded the Company’s consolidated land package in Kirkland Lake from 3,800 hectares to over 38,000 hectares. Her leadership has been pivotal in positioning the Company with the largest prospective land package in the historical gold camp of Kirkland Lake, Ontario, Canada.

Reflecting on her tenure, Ms. Spethmann said, “It has been an incredible journey leading the company during my tenure. I am immensely proud of what we have accomplished together and I look forward to continuing to contribute to the Company’s success as a Strategic Advisor.”

About Kirkland Lake Discoveries Corp.

Kirkland Lake Discoveries Corp. is a TSX Venture Exchange-listed company that has recently consolidated a district-scale and highly prospective land package in the Kirkland Lake Gold Camp in Ontario, Canada. The properties are hosted in the Abitibi Greenstone Belt, one of the world’s best-endowed greenstone belts, with 200+ million ounces of gold produced to date.[1] The properties are host to regional and property-scale mineralized structures that are considered second-order structures off the Larder Lake Cadillac Deformation Zone (LLCDZ), the regional structure in the belt known to be spatially associated with the gold mines hosted in the camp.

The properties assembled include the Lucky Strike Property, Arnold Property, KL Central, Goodfish-Kirana, and the optioned KL West Properties. The KLDC land position comprises approximately 38,000 ha, over 1,338 claims, and 29 patented claims and ranks the Company as the largest landholder in the Kirkland Lake region.

For additional information, please contact:

Stefan Sklepowicz

Interim CEO
+1 226 979 3515


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