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BRIEF-Kirkland Lake Gold sees FY2016 average production rate of 1,130 tpd from Macassa Mine Complex

Published 2016-03-10, 06:55 a/m
© Reuters.  BRIEF-Kirkland Lake Gold sees FY2016 average production rate of 1,130 tpd from Macassa Mine Complex
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March 10 (Reuters) - Kirkland Lake Gold Inc KGI.TO :
* Sees FY2016 average production rate of 1,130 tpd from Macassa Mine Complex
* Reports positive earnings and free cash flow generation for stub year 2015
* Produced 27,604 ounces of gold in stub yr 2015 q3
* Says company revised guidance for eight month stub year 2015 on total capex to $32 - $35 million
* Says co's guidance metrics for the eight month stub year 2015 on free cash flow generation was increased to $11 mln - $18 mln
* Earnings of $0.01 per share for 2 months ended Dec. 31
* Says will continue to invest in the Kirkland Lake camp within the Macassa Mine and regional drill program in 2016

* Source text for Eikon Further company coverage KGI.TO

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