This article is based on the things said in the video interview. This is a paid/sponsored content!

In a mining jurisdiction that has produced over 80 million ounces of gold in the last 120 years, very few companies can credibly claim to be exploring “virgin ground.” Kirkland Lake Discoveries Corp. (TSX-V: KLDC, OTC: KLKLF) is one of them.

CEO Stefan Sklepowicz gave an update that underscored why the company has become one of the most closely watched junior explorers in the Abitibi Greenstone Belt. Since the last interview in late August, KLDC has delivered high-grade copper intercepts, made a brand-new blind gold discovery in syenite, closed an oversubscribed C$12+ million financing, and mobilized drills for an aggressive 25,000-metre winter program.

1. The Breakthrough Drill Results – More Than Just Copper

The September–October 2025 maiden 1,700-metre program was designed primarily to test geophysical and soil anomalies around the Winnie Pluton on the company’s 40,000-hectare land package in the Kirkland Lake camp.

Key intercepts included:

• Multiple zones of zinc, silver, and gold in the halo around the intrusion

While the copper grades and widths are excellent for a first pass, Sklepowicz emphasized that the real excitement came from two blind holes drilled two kilometres away from the Winnie copper zone that intersected gold mineralization inside syenite (the late-phase intrusive).

“Those were blind tests based only on soil geochemistry and geophysics… and we hit gold. That means the system is endowed both inside and outside the intrusion. It basically doubled our prospectivity along the entire 17-kilometre strike we originally modelled.”

Geologically, this is a game-changer:

• The Winnie Pluton appears to have acted as a heat engine that circulated metal-bearing fluids both into the surrounding volcanic/sedimentary rocks (classic VMS/polymetallic style) and into late-stage fractures inside the syenite itself (intrusion-related/orogenic gold style).
• The discovery of gold inside the syenite proves the intrusive body itself is fertile – a second, largely untested mineralizing environment.

Sklepowicz summed it up succinctly: “We now have two completely different targeting models over the same footprint. That’s why this discovery is massively understated so far.”

2. The 25,000-Metre Winter/Spring Drill Campaign – Drills Are Already Turning

As of mid-November 2025, the first diamond drill is on site and expected to spud within days. A second rig arrives immediately after the Christmas break, and both will run flat-out until spring breakup (late March/April).

Top-priority targets for the first phase:

1. Step-out and infill drilling around the new syenite-hosted gold discovery to establish geometry, strike, and dip of the vein sets.
2. In-fill drilling along the two-kilometre gap between the two known syenite gold hits to test continuity of the mineralized late-phase intrusive and associated conductivity identified in the deep-penetrating MT survey.
3. First-ever drilling on the opposite (western) side of the syenite intrusion – an area highlighted by a strong magnetic low and a +1,200 ppm bismuth rock sample.

All three targets sit within the Winnie–KL West intrusive complex, an area that represents less than 30 % (roughly 10–15,000 hectares) of KLDC’s total 40,000-hectare land package. In other words, 70 %+ of the property remains essentially untested at depth.

3. What Makes Kirkland Lake Discoveries Unique in the Camp

Sklepowicz noted: “We’re exploring virgin ground with modern techniques in one of the richest gold camps on Earth, five kilometres from a mill, touching a major’s border. No one else has this combination.”

4. The C$12+ Million Financing – A Massive Vote of Confidence

Closed in October 2025 as a non-brokered private placement, the raise was heavily supported by:

• Eric Sprott (added >C$1 million)
• Rob McEwen
• Crescat Capital (Quinton Hennigh)
• Earth Labs (maintaining 9.9 %)
• A Singapore-based commodity fund
• Numerous high-net-worth resource investors

Notably, the share price rose after the financing closed – a rare event that signals the placement was priced fairly and the market wanted in.

The capital removes funding risk entirely and allows KLDC to shift from cautious, single-rig exploration to an aggressive, multi-rig discovery push while building out the technical and corporate team (new VP Exploration Ben Cleland, additional geologists, dedicated videographer, etc.).

5. Treasure Hunter Series – Season Two Coming

One of the most innovative shareholder-engagement tools in the junior space, the company’s YouTube-style “Treasure Hunter” video series will be significantly upgraded for 2026:

• Dedicated camera operator (no longer burdening field geos)
• Multiple active drill sites and teams to film
• Improved map animation and production quality
• Regular behind-the-scenes footage of logging, sampling, and targeting discussions

Sklepowicz believes transparent, educational video content was a major reason investors backed the recent financing so enthusiastically.

6. News Flow Timeline

• This week / early next week (Nov/Dec 2025): Detailed drill plan released with maps and targeting rationale
• January–April 2026: Continuous drilling with two rigs
• Assay turnaround: 4–12 weeks (switched to ALS with bi-weekly site pick-ups); first results likely early January, then consistent batches thereafter

7. CEO’s View on the Gold Market – “This Pullback Is the Last Cheap Entry Point”

Stefan Sklepowicz remains unequivocally bullish:

• The recent drop from ~US$4,400 to the $3,800–$4,200 zone is normal profit-taking after an explosive move.
• Strong support was found around $4,000 – exactly where bulls wanted to see it hold.
• Macro tailwinds (geopolitics, debt, de-dollarization trends) are unchanged or strengthening.
• At $4,000 gold, many deposits that were marginal at $2,000 become highly economic.
• Majors are running out of reserves (Macassa ~5-year mine life; nine of Canada’s top ten gold deposits already owned by Agnico Eagle).
• Consolidation of mid-tiers and quality juniors is accelerating.

His conclusion: “The next 6–18 months could be the last time investors can buy quality junior explorers at pennies-on-the-dollar before the sector re-rating becomes violent.”

Final Takeaway

Kirkland Lake Discoveries enters the 2025/26 winter drill season with:

• A fully funded treasury
• Two drills turning imminently on high-priority targets
• A new dual-style (copper + gold) mineralizing system proven over just the first ~25–30 % of its land package
• Proximity to infrastructure and majors that are reserve-starved
• A management and technical team that has built major discoveries before
• Some of the strongest resource-investor backing in the junior space

In a bull market where new ounces are increasingly hard to find, companies that control district-scale, underexplored ground next door to operating mills tend to attract attention very quickly.

The drills are turning. The next six months should be loud.

Watch the interview here:

Disclaimer: This article is not a recommendation to buy any shares, products, or services. Always conduct your due diligence and consult with a financial advisor.