Kirkland Lake Gold Inc.: Fiscal 2013 Production Guidance Maintained and Service Cage Project Update

Kirkland Lake Gold Inc.: Fiscal 2013 Production Guidance Maintained and Service 
Cage Project Update 
KIRKLAND LAKE, ONTARIO -- (Marketwire) -- 02/04/13 -- Kirkland Lake
Gold Inc. (the "Company") (TSX:KGI)(AIM:KGI), an operating and
exploration gold mining company, announces that its current Fiscal
Year 2013 production guidance is being maintained; and that the
Service Cage Project has been completed, and that the Service Cage is
in service. 
Based on preliminary production results to the end of January, the
Company is on track to meet its previously announced guidance for
Fiscal Year 2013 of 90,000 to 110,000 ounces of gold sold. Final
production results for the Company's third quarter (November,
December, and January) and for the first nine months of the year are
expected to be released February 11. The Company's fiscal year ends
April 30, 2013.  
Kirkland Lake is also pleased to announce that work on the Service
Cage Project expected to be complete by January 31 has been
completed. The cage is in service and will be utilized initially to
clear a heavy backlog in material waiting to go underground, and to
free up the main production hoist to reduce a heavy backlog of ore
and waste ready to be hoisted to surface and of equipment waiting to
be slung underground. 
With the Service Cage in operation, the planned production ramp up to
the Company's second milestone production rate of from 1400 to 1600
tons per day will begin in February. That milestone is expected to be
reached in the second quarter of Fiscal Year 2014 (August to October
2013). The Company will provide an additional operations update in
mid-March with its third quarter earnings Management Discussion and
Analysis.  
About the Company 
Kirkland Lake Gold's corporate goal is to create a self sustaining
and long lived intermediate Gold Mining Company based in the historic
Kirkland Lake Gold Camp. The Company plans to do this by increasing
production capacity to 2,200 tons of ore per day in several stages,
and by decreasing production costs by realizing the economies of
scale associated with that higher production capacity. 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 su
fficient to sustain a mine life of
more than ten years for as long as practicable.   
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",
"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, and 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
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,
2012 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 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. 
Neither the Toronto Stock Exchange nor the AIM Market of the London
Stock Exchange has reviewed and neither accepts responsibility for
the adequacy or accuracy of this news release. 
Contacts:
Kirkland Lake Gold Inc.
Brian Hinchcliffe
President
+1 705 567 5208
+1 705 568 6444 (FAX)
bhinchcliffe@klgold.com 
Kirkland Lake Gold Inc.
Lindsay Carpenter
Director of Investor Relations
+1 416-840-7884
+1 705 568 6444 (FAX)
lcarpenter@klgold.com
www.klgold.com 
NOMAD: Panmure Gordon (UK) Limited
Katherine Roe
+44 (0) 20 7 8862500
katherine.roe@panmure.com 
NOMAD: Panmure Gordon (UK) Limited
Callum Stewart
+44 (0) 20 7 8862500
callum.stewart@panmure.com