Kirkland Lake Discoveries announced a strategic transition, effective immediately, with the retirement of CEO, Ms. Danièle Spethmann from her role as CEO of the Company. This change comes as a mutual decision and Ms. Spethmann will act as a Strategic Advisor for the Company going forward. 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.