Canada remains one of the top destinations for global exploration investment, and Ontario is rated in the top five of the best mining jurisdictions in the world.* Gold was first discovered in Kirkland Lake by W. H. Wright in 1911 on what became the Wright-Hargreaves Mine. The first gold production occurred in 1913 and over time there have been over 60 mines identified with some mines having produced continuously for over 50 years. The mines of Kirkland Lake have produced 43 million ounces at a recoverable grade of 8.2 grams per tonne and the district is second in production of gold only to Timmins in the belt.
Geologically, the Kirkland Lake Gold Camp is favourable due to major structures and breaks that are host to world class high grade gold deposits. Operationally, the Kirkland Lake Gold Camp is a first class location due to its long mining history which has fostered local mining-skilled personnel including supportive First Nations, year-round ease of access via local airport and three main highways and truck and ATV accessible bush roads. The region is host to abundant water and power.
* Fraser Institute 2011.