Kirkland Lake Gold Inc. was a Canadian gold mining company based in Toronto. It owned and operated several gold mines in Canada and Australia before its merger into Agnico Eagle in 2021.[1]
History
The company was founded in 1988 as Goldpac Investments. Between 1994 and 1999, it operated as Brimstone Gold Corp., a consulting and investment company in the gold mining industry. The company was renamed Foxpoint Resources Ltd. as it sought to acquire and develop its own gold mining property.[2]
In 2001, the Vancouver-based Foxpoint Resources purchased several mining properties from Kinross Gold around Kirkland Lake, Ontario. The $5 million purchase included several former mines: Macassa Mine, Lakeshore Mine, Wright Hargreaves and Teck Hughes.[3] The company renamed itself again as Kirkland Lake Gold and re-commissioned the underground Macassa Mine. As it continued new exploration, it was able to begin extracting gold from the mine in 2003.