KGI Kirkland Lake

 
TIDMKGI 
 
Kirkland Lake Gold Appoints Eric Sprott  as Chairman of the Board 
 
FOR:  KIRKLAND LAKE GOLD INC. 
 
TSX, AIM SYMBOL:  KGI 
 
January 26, 2015 
 
Kirkland Lake Gold Appoints Eric Sprott  as Chairman of the Board 
 
TORONTO, ONTARIO--(Marketwired - Jan. 26, 2015) - Kirkland Lake Gold Inc. ("Kirkland Lake Gold" or the 
"Company")(TSX:KGI)(AIM:KGI), is pleased to announce the appointment of Mr. Eric Steven Sprott as Chairman of 
the board of directors, subject to regulatory approvals. Upon receipt of regulatory approvals Mr. D. Harry W. 
Dobson will retire from his position as Chairman. 
 
Mr. Dobson stated "I am extremely pleased to have Eric succeed me as Chairman of Kirkland Lake Gold, especially 
in light of his expertise and reputation in the sector, I am very confident that shareholders are in good 
hands. I continue to believe in the future prosperity of the Company, and remain an avid supporter of the 
management team and story." 
 
Mr. Sprott, age 70, is a renowned and respected leader in the investment community and one of the world's 
premiere gold and silver investors. After earning his designation as a chartered accountant, Mr. Sprott entered 
the investment industry as a research analyst at Merrill Lynch and Company Inc. In 1981, he founded Sprott 
Securities (now Cormark Securities Inc.), which today is one of Canada's largest independently owned 
institutional brokerage firms. After establishing Sprott Asset Management LP., in December 2001 as a separate 
entity, Mr. Sprott divested his entire ownership of Sprott Securities to its employees. 
 
Mr. Sprott recently resigned from his position as the lead portfolio manager at Sprott Asset Management (a 
Toronto-based alternative asset manager) and remains as Chair of the board of Sprott Inc., (Sprott Inc. is an 
asset manager that provides investors with the opportunity to participate in the future growth of the Sprott 
Group of Companies which includes Sprott Asset Management). As at the date of this release, Mr. Sprott holds 
directly and indirectly, 8,143,466 common shares of the Company which represents 11.3% of the issued and 
outstanding shares, as well $1,550,000 principal amount convertible debentures. 
 
Mr. George Ogilvie, President & Chief Executive Officer commented "On behalf of the Board of Directors, I wish 
to extend our sincere gratitude to Harry as founder of the Company and for his dedicated service to Kirkland 
Lake Gold from its inception and over the past ten years. He has been instrumental in building the Company to 
where it is today, and his commitment to its success is evident in the turnaround we have seen over the past 
year. 
 
Eric's appointment comes at an exciting time of change for the Company, and with his wealth of experience and 
expertise, he will lead the Board of Directors as we explore strategies for organic growth from our existing 
portfolio of assets as well as diversification within and outside the Kirkland Lake camp." 
 
About the Company 
 
Kirkland Lake Gold Inc.'s corporate goal is to create a self-sustaining and long-lived intermediate gold mining 
company based in the historic Kirkland Lake gold camp, as well as to explore opportunities for growth in other 
safe mining jurisdictions. The Company plans to do this by mining to the reserve grade, generating profits and 
free cash flow with a view to maximising value for the shareholders. The Company will also look to take 
advantage of its increased infrastructure capacity in the appropriate gold price environment. At the same time, 
the Company is committed to maintaining a significant exploration program aimed at developing and maintaining a 
property wide reserve and resource base sufficient to sustain a mine life of more than ten years. 
 
Over the last several years the Company has invested significant capital to improve the infrastructure of the 
business including upgrading the production hoist, skips, mill, underground mobile equipment and capital 
development. From initial discovery to present day there have been over 24 million ounces of gold mined from 
the Kirkland Lake gold camp while the current reserve and resource provides for potentially 10 years of mining 
with significant exploration upside. 
 
Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed or accepts 
responsibility for the adequacy or accuracy of this news release. 
 
Cautionary Note Regarding Forward Looking Statements 
 
This Press Release contains statements which constitute "forward-looking statements", including statements 
regarding the plans, intentions, beliefs and current expectations of the Company with respect to the future 
business activities and operating performance of the Company. The words "may", "would", "could", "should", 
"will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate 
to the Company, are intended to identify such forward-looking statements. Investors are cautioned that forward- 
looking statements are based on the opinions, assumptions and estimates of management considered reasonable at 
the date the statements are made such as, without limitation, opinion, assumptions and estimates of management 
regarding the Company's business, its ability to increase its production capacity and decrease its production 
cost. Such opinions, assumptions and estimates, are inherently subject to a variety of risks and uncertainties 
and other known and unknown factors that could cause actual events or results to differ materially from those 
projected in the forward-looking statements. These factors include the Company's expectations in connection 
with the projects and exploration programs being met, the impact of general business and economic conditions, 
global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities 
based on projected future conditions, fluctuating gold prices, currency exchange rates (such as the Canadian 
dollar versus the United States Dollar), possible variations in ore grade or recovery rates, changes in 
accounting policies, changes in the Company's corporate mineral reserves and resources, changes in project 
parameters as plans continue to be refined, changes in project development, construction, production and 
commissioning time frames, risks related to joint venture operations, the possibility of project cost overruns 
or unanticipated costs and expenses, higher prices for fuel, power, labour and other consumables contributing 
to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate 
as anticipated, unexpected changes in mine life, seasonality and unanticipated weather changes, costs and 
timing of the development of new deposits, success of exploration activities, permitting time lines, government 
regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or 
claims, and limitations on insurance, as well as those risk factors discussed or referred to in the Company's 
annual Management's Discussion and Analysis and Annual Information Form for the year ended April 30, 2014 and 
the Company's Management's Discussion and Analysis for the interim period ended October 31, 2014 filed with the 
securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. 
 
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward- 
looking statements prove incorrect, actual results may vary materially from those described herein as intended, 
planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important 
risks, uncertainties and factors which could cause actual results to differ materially, there may be others 
that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not 
assume any obligation, to update these forward-looking statements except as otherwise required by applicable 
law. 
 
FOR FURTHER INFORMATION PLEASE CONTACT: 
 
George Ogilvie, P.Eng 
Chief Executive Officer 
+1 709 532 5716 
+1 705 568 6444 (FAX) 
gogilvie@klgold.com 
 
OR 
 
Suzette N. Ramcharan, CPIR 
Director of Investor Relations 
+1 647-284-5315 
+1 705 568 6444 (FAX) 
sramcharan@klgold.com 
www.klgold.com 
 
OR 
 
NOMAD: Panmure Gordon (UK) Limited 
Dominic Morley / Adam James 
+44 (0) 20 7886 2500 
 
OR 
 
Blytheweigh 
Tim Blythe/Halimah Hussain/Camilla Horsfall 
+44 (0) 20 7138 3204 
 
 
 
Kirkland Lake Gold Inc. 
 

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