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Kirkland Lake Gold Inc. is a Canadian based intermediate gold producer with assets in the Lower Abitibi Green- stone belt, northeastern Ontario. The Company’s cornerstone asset, the Macassa Mine Complex, is a high-grade asset located proximal to the town of Kirkland Lake and produced in excess of 150,000 ounces of gold in 2015. The Company’s Holt Mine Complex includes three producing mines, the Holt-Holloway mines and the recently commissioned Taylor mine, and produced 107,000 ounces of gold in 2015. The Company anticipates production of between 270,000 - 290,000 ounces in 2016 with all-in sustaining cost targets of between US$1,000 - US$1,050 per ounce. Exploration efforts are focussed on mine life extension at the Holt Mine Complex, and regional exploration east of the Macassa Mine Complex in the Kirkland Lake camp. The Company is committed to building a sustainable mining company that is recognized as a safe and responsible gold producer with quality assets in safe mining jurisdictions. Capital Structure As of August 2, 2016 Issued Shares 117.4 million Stock Options 3.5 million Fully Diluted 120.9 million Market Cap C$1.4 billion Major Shareholders Van Eck Associates Corporation Resolute Funds Eric Sprott Sentry Investments Columbia Asset Management Harry Dobson Sprott Asset Management Anthony (Tony) Makuch President & CEO Perry Ing, CPA-CA, CPA(ILL), CFA CFO Keyvan Salehi, P.Eng., MBA VP, Corporate Development & Tech Services Jennifer Wagner, LL.B Corporate Legal Counsel Doug Cater, P.Geo VP, Exploration Kevin Fearn, CHRP, CHRL Director of Human Resources Suzette N Ramcharan, CPIR Director, Investor Relations Ray Yip, B.Sc VP Business Intelligence Executive Management Team Investor Relations Suzette N Ramcharan, CPIR [email protected] Contact Us Corporate Head Office 95 Wellington Street West Suite 1430 Toronto ON M5J 2N7 Tel: 416-840-7884 52 Week Performance (As of Sept/092016) High: C$12.39 Low: C$4.51 Recent: C$11.45 Cautionary Note: Certain statements in this presentation are “forward-looking statements”, including within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this presentation are forward-looking statements based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management that involve various risks and uncertainties. In addition, the factors described or referred to in the section entitled “Risk Factors” in the Company’s Annual Information Form for the year ended April 30, 2015 available on the SEDAR website at www.sedar.com, should be reviewed in conjunction with the information found in this presentation. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. Readers should not place undue reliance on forward-looking information. KLG Relative Share Price Performance Q2/2016 FACT SHEET

Executive Management Team...Sentry Investments Columbia Asset Management Harry Dobson Sprott Asset Management Anthony (Tony) Makuch President & CEO Perry Ing, CPA-CA, CPA(ILL), CFA

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Page 1: Executive Management Team...Sentry Investments Columbia Asset Management Harry Dobson Sprott Asset Management Anthony (Tony) Makuch President & CEO Perry Ing, CPA-CA, CPA(ILL), CFA

TSX: KGI

Kirkland Lake Gold Inc. is a Canadian based intermediate gold producer with assets in the Lower Abitibi Green-stone belt, northeastern Ontario. The Company’s cornerstone asset, the Macassa Mine Complex, is a high-grade asset located proximal to the town of Kirkland Lake and produced in excess of 150,000 ounces of gold in 2015. The Company’s Holt Mine Complex includes three producing mines, the Holt-Holloway mines and the recently commissioned Taylor mine, and produced 107,000 ounces of gold in 2015. The Company anticipates production of between 270,000 - 290,000 ounces in 2016 with all-in sustaining cost targets of between US$1,000 - US$1,050 per ounce. Exploration efforts are focussed on mine life extension at the Holt Mine Complex, and regional exploration east of the Macassa Mine Complex in the Kirkland Lake camp. The Company is committed to building a sustainable mining company that is recognized as a safe and responsible gold producer with quality assets in safe mining jurisdictions.

Capital Structure

As of August 2, 2016

Issued Shares 117.4 million

Stock Options 3.5 million

Fully Diluted 120.9 million

Market Cap C$1.4 billion

Major Shareholders

Van Eck Associates Corporation Resolute Funds Eric Sprott Sentry Investments Columbia Asset Management Harry Dobson Sprott Asset Management

Anthony (Tony) Makuch President & CEO

Perry Ing, CPA-CA, CPA(ILL), CFA CFO

Keyvan Salehi, P.Eng., MBA VP, Corporate Development & Tech Services

Jennifer Wagner, LL.B Corporate Legal Counsel

Doug Cater, P.Geo VP, Exploration

Kevin Fearn, CHRP, CHRL Director of Human Resources

Suzette N Ramcharan, CPIR Director, Investor Relations

Ray Yip, B.Sc VP Business Intelligence

Executive Management Team

Investor Relations

Suzette N Ramcharan, CPIR

[email protected]

Contact Us

Corporate Head Office

95 Wellington Street West Suite 1430 Toronto ON M5J 2N7 Tel: 416-840-7884

52 Week Performance (As of Sept/092016)

High: C$12.39 Low: C$4.51 Recent: C$11.45

Cautionary Note: Certain statements in this presentation are “forward-looking statements”, including within the meaning of the United States Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this presentation are forward-looking statements based on forecasts of future operational or financial results, estimates of amounts not yet determinable and assumptions of management that involve various risks and uncertainties. In addition, the factors described or referred to in the section entitled “Risk Factors” in the Company’s Annual Information Form for the year ended April 30, 2015 available on the SEDAR website at www.sedar.com, should be reviewed in conjunction with the information found in this presentation. There can be no assurance that such information will prove to be accurate or that management’s expectations or estimates of future developments, circumstances or results will materialize. Readers should not place undue reliance on forward-looking information.

KLG Relative Share Price Performance

Q2/2016 FACT SHEET

Page 2: Executive Management Team...Sentry Investments Columbia Asset Management Harry Dobson Sprott Asset Management Anthony (Tony) Makuch President & CEO Perry Ing, CPA-CA, CPA(ILL), CFA

Technical Information: Keyvan Salehi, P.Eng, and Doug Cater, P.Geo, are Qualified Persons under NI 43-101 and have read and approved the scientific and technical information contained in this fact sheet. As Officers of the Company, Messer's Salehi and Cater are not considered independent.

Holt Mine Complex

Holt Mill 3,000 tpd (75% utilized) Resources & Reserves* Total P&P (including Hislop Mine) 0.8 Mozs (5.0 g/t Au) Measured & Indicated (Property Wide) 2.7 Mozs (2.4 g/t Au) Inferred (Property Wide) 2.2 Mozs (4.6 g/t Au)

Important Disclosure: As at December 31, 2104 Reserves are exclusive of Resources Macassa Mine Complex

Reserves include Mine Wide Complex i(‘04 & Main Break and the South Mine Complex); Resources include Mine Wide Complex and Property Wide Targets (near surface target and peripheral resource blocks)

Refer to the NI 43-101 compliant technical report dated May 22, 2015 prepared by Glenn R. Clark & Associates filed on the Company’s profile on SEDAR at www.sedar.com or on the Company’s website at www.klgold.com.

St Andrew Mine Complex

All notes and additional NI 43-101 disclosure is available under the St Andrew Goldfields Ltd., SEDAR profile at www.seadar.com

Cautionary Note to US Investors: The terms ‘Measured’, ‘Indicated’ and ‘Inferred Resources’ are such terms that while those terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be convert-ed into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.

Diversified production from 4 mines and 2 mills 2016 gold production of 270-290k Oz’s

Strong balance sheet with C$184 million and positive cash flow generation

Cash costs of US$600-$640/Oz AISC of US$1,000-$1,050/Oz

Large reserve and resource base

Supports long term sustainable production Highly prospective land holdings

Increased exploration spending to support organic growth potential

Leveraged to the Canadian Dollar

Macassa Mine Complex

Macassa Mill 2,000 tpd (50% utilized) Reserves & Resources* Total P&P Reserves (Macassa Mine Complex) 1.5 Mozs (19.2 g/t Au) Measured & Indicated (Kirkland Lake Properties) 2.0 Mozs (16.8 g/t Au) Inferred (Kirkland Lake Properties) 1.2 Mozs (19.2 g/t Au)

HOLT MILL

MACASSA MINE COMPLEX

Consolidated Production

H1/16A 2016 Guidance

Gold Production (kOzs) 130.6 270 - 290

AISC (/Oz sold) US$925 US$1,000 - $1,050