Good morning. My name is Chris Snow, your conference operator today. At this time, I'd like to welcome everyone to the Kirkland Lake Gold Third Quarter 2021 Conference Call and Webcast. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you'd like to ask a question during this time, simply press star then the number one on your telephone keypad. If you'd like to withdraw your question, please press star one again. Thank you. Mark Utting, Senior Vice President of Investor Relations, you may begin. Thanks very much, operator, and welcome everyone to our Third Quarter 2021 Conference Call and Webcast. With the timing of our planned merger with Agnico Eagle, which we're very excited about, this will likely be our last conference call. I think if you've looked at our results, you'll agree with me that we're finishing with a bang. We've got record earnings, extremely low unit costs, and a continuation of industry-leading track record over the last 5 years for returning value to shareholders. We're gonna talk about all these things on today's call. With me today are most of the members of the Kirkland Lake senior executive team. Speaking today will be Tony Makuch, our President and CEO, David Soares, our Chief Financial Officer, Natasha Vaz, our Chief Operating Officer, Ion Hann, our Vice President, Australian Operations, Larry Lazeski, our Vice President, Detour Lake, and Evan Pelletier, our Vice President of Mining, Kirkland Lake, as well as Eric Calio, our Senior Vice President of Exploration. Slides accompanying today's presentation are available on our website and through the webcast. Following the presentation, we'll open up the call for questions and answers. I will draw your attention to slides two and three of the presentation, which contains our forward-looking information and other cautionary language. We will be making forward-looking statements in today's call, so I ask you to give that information due consideration. We will also be referring to non-IFRS measures during the course of the call. Reconciliations involving those measures is provided starting on page 37 of the MD&A we filed late yesterday. Finally, all dollar amounts mentioned today will be in US dollars unless otherwise stated. With that, I'll turn the call over to Tony Makuch, President and CEO. Okay, thanks, Mark, and thanks everybody for being on the call. It's not necessarily our last quarterly call because we'll just have a different name maybe when we're talking to you in future quarters. We have had lots of success at Kirkland Lake Gold over the last few years, and definitely a very strong Q3. Go through the results, and you can see lots of outperformance in a number of areas, particularly Fosterville down in Australia, where at the end of the three-quarters already achieved full-year guidance. It continues to. It's not just grade, it's tons and grade coming out of Fosterville. You know, very high levels of safety performance and operational performance and high attention to detail in terms of the kind of social issues there. We're doing a very great job in terms of the environmental cleanup that's going on up in the Northern Territory in Australia. It's a real tribute to the leadership, but all the people, the whole team, the whole people that are working for us in Australia do an exceptionally good job, and we need to thank them for what they do. Then over in Canada, we're having a significant success in Q3. You know, again, Detour's going to have a very exceptional record in Q3, but we have a very exceptional Q4 as well. Again, as the demonstration of strong leadership in the company, you know, right from, you know, from corporate right down through the operations and fundamentally the people driving the trucks, the people doing the work at Macassa and at Detour are really making a big difference. Again, you know, we thank them for what they've worked on to achieve in the quarter. As I say, we're looking at a very strong Q4 as well to finish off the year. Anyway, I'll start on slide four here. Then, you know, just, you know, highlight a few things. We did have our recent announcement of agreement to combine and merge with Agnico Eagle Mines Limited. From our perspective, this is a very exciting development for our company and our shareholders. You know, the big thing is this merger creates a new leader in the global gold mining industry. You know, we create a gold mining company that can definitely be a leader in terms of not only transforming the industry, but also transforming, changing the perception of our industry as we move forward. Moving to slide five, you know, this basically, you know, gives some of the highlights of our merger with Agnico. You know, basically, we're creating the highest quality senior gold producer with the lowest unit costs, the best risk profile, you know, leading in key areas of ESG and an extensive project pipeline to drive future growth. The combined companies have significant, very strong financial strength and an extensive pipeline of projects to. Combined with a strong balance sheet, good solid operations that are performing well and profitable, we definitely see the opportunity to fund future growth internally. Merger will bring consolidation. A big thing, consolidation of the region of northeastern Ontario, northwestern Quebec, provide significant value creation opportunity through synergies. We see some other business improvement initiatives. I think that one of the biggest things from our perspective is the development of the new Upper Beaver and the Amalgamated Kirkland properties, sort of amalgamating that into the Macassa operations in Kirkland Lake. That's a significant benefit to Northeastern Ontario and definitely for the shareholders of the new Agnico Eagle. You know, we see the new Agnico Eagle, you know, definitely being. I know we got it demonstrated, but you know, we'll warrant a premium valuation. Fundamentally, you know, what will drive that, I mean, combination of increased scale, low cost and low-risk operations. I think fundamentally superior financial performance and continued strong balance sheet strength and good execution of operating results, which will be key to driving that value that will warrant a premium valuation. You know, we see it as the right deal for our company and our people at the time, and as well as our shareholders, communities, and all the stakeholders, mentioned groups and the kind that we deal with. Maybe I'll move over to slide number six and just, you know, start talking about our third quarter results. Slide six here is really, you know, again, focusing here on maybe giving a quick update on our responsible mining efforts. For us, responsible mining is integral to everything we do and is ingrained in our culture. All of our Canadian operations participated in the first National Day for Truth and Reconciliation with learning seminars for all employees supporting and doing things to support local Indigenous communities through Orange Shirt programs and painting one of our 795 trucks at Detour Lake orange. Additionally, all truck beds were painted green to support mental health awareness with seminars and employee training programs that are being held in both Canada and Australia. In Bendigo, Australia, we committed $600,000 to the Gobbé Wellness Centre and Cancer Wellness Program to assist with the sustainability of the program and expanding wellness services and improving access for regional patients. Building on our leadership in minimizing the use of carbon emissions, we took additional steps in Q3 2021 to achieve further reductions, including testing and building an energy storage system from entirely recycled components, including the battery and casing batteries from our Z40s. Turning to our financial and operating results on slide seven. As mentioned, Q3 2021 was a quarter of financial progress. I mean, highlights are, you know, I mean, Mark alluded to some at the beginning, but record quarterly earnings, solid year-over-year production growth, unit cost significantly better than full year guidance and strong cash flow generation. Our record performance was driven by strong operating results, including quarterly production, throughput, and all-in sustaining costs at Detour Lake. Q3 was its banner quarter for Detour Lake production with 189,000 ounces. That beats the previous record of 166,000 ounces in Q2 of this year by 23,000 ounces or 14%. As I said, you know, we're on track for a new record in Q4 this year. Fosterville also had a very strong quarter and a strong contribution to our record results. You know, it was a combination of great outperformance as well as higher levels of throughput through the mill. The operation is being very successful in terms of moving forward at Fosterville. You know, the direct result of achieving record production performance, it also has helped in terms of our unit costs. In our unit costs in Q2 and Q3 beat our full year guidance ranges. We are also being impacted by the exchange rates and inflationary pressures in certain areas, but our operations are doing very well in managing these costs, and we're in very good shape to meet our guidance for the year. In terms of cash flow, we had operating cash flow of $323 million and free cash flow of $141 million. David Soares will give a little bit more color on those areas. Turning to slide eight. We continue to have a very strong balance sheet with cash at September 30th of $822 million. Again, a very clean balance sheet, no debt. We also continue on our very successful track record of returning capital to shareholders. During Q3, we returned $175.3 million, $50 million through our Q2 dividend paid on July 14, and $125.3 million through the repurchase of 3.1 million shares through our NCIB. Turning to slide nine. A significant component of our successful track record with capital allocation was investing capital for future value creation. We released encouraging exploration results at all three of our cornerstone assets and remain on track with our key growth projects. Eric Calio will give a little bit more in color on that, but you know, maybe I'll just talk a few things here. You know, the exploration, a lot of success in exploration program at Detour. You know, early September, we announced the 10.1 million ounce increase in open pit measured and indicated resources at Detour Lake. That tripled the open pit M&I resources. You know, it was at Detour, and we see it as was definitely a milestone in terms of being able to support strong growth in mineral reserves in the future. That's going to come out next year as we complete our studies this year. Earlier this week, we announced additional new drill results. You know, that, I think these continue to highlight the fact that, you know, the 10 million ounces increase in resources is not the end of the call. You know, we still see the potential to continue to grow the resource at Detour before the end of this year and then really supports what we give in terms of our view and the view we put out at Detour when we made the acquisition announcement back in 2018. You know, you know, beside the exploration success at Detour, you know, we are making very good progress with a lot of other projects I had in mind in terms of value creation and optimizing the operation. That included, you know, increasing the throughput in the mill. Actually, the mill in July and August of Q3 actually was running at a rate that, you know, almost 28 million tons per year. We had significant improvements in grade management at Detour. You know, we have a lot of other infrastructure that we're installing at Detour that really help in terms of build the operation for the long term, and really support future improvements, both in operating performance but also in safety and care and consideration for people and for the site. At Macassa, the number 4 shaft remains ahead of schedule on track for completion of the sinking later this year. The actual installation of loading pockets and getting that ore handling system and the changeover from a sinking plant to a production plant will be started, and we expect that shaft to come into full production or be ready for production in Q4, end of Q3 and Q4 of 2022. We also had significant exploration success at Macassa, expanding the south mine complex and identifying new areas of high-grade mineralization on both the Mogal and Main Break. Looking at Fosterville, we did come up with some very new and interesting exploration results that were released at the end of August. I guess what it tells you is there's potential for continued discovery of new high-grade intercepts. Our goal at Fosterville is to demonstrate an operation of 300,000 ounces-425,000 ounces a year on an annual basis for, you know, 7 years -10 years in production. You know, I think we're definitely. We got lots of work to do, but we definitely feel confident that we'll be able to achieve that and demonstrate that to shareholders. Now moving on to slide 10. This is a look at our year-to-date results. We had a solid year-to-date operating and op versus our full year guidance. Production was just under 1.1 million ounces, a 5% increase from year-to-date 2020. We achieved a very solid unit cost performance, record earnings and strong cash flow generation. You can also see that on the slide that so far this year, we have repurchased 4.5 million shares for close to $184 million. We returned about $334 million to shareholders, which represents $1.28 per share and $317 per ounce produced in year-to-date 2021. Now on slide eleven, let's look a bit closer at our track record of returning capital to shareholders. You know, we have now returned a total of $1.36 billion to shareholders since we first introduced our NCIB in May 2017 and our dividend policy in March 2017. Of this amount, well, just over $1 billion was used to repurchase 31.5 million common shares, and $315 million was used to make 17 quarterly dividend payments. Those dividend payments have increased seven times since we began issuing them in 2017. In addition, since May 2016, we have eliminated over $190 million of debt. This includes paying $98 million of debt held by Detour Gold Corporation shortly after it was acquired in January 31, 2020. $30 million was also used to close out Detour Gold's hedge position. We earned a very good return on that $30 million, given the changes in gold and commodity prices and FX rates that followed in 2020 and in 2021. We repurchased a 1% NSR at Macassa from Franco-Nevada in 2016 for almost $36 million. Adding it all up in aggregate, we have provided $1.6 billion of value to shareholders since May 2016. We've done all this while also building the industry's strongest and cleanest balance sheet. Looking at slide 12, it shows our performance against guidance. As you can see, we are very well positioned to achieve our guidance entering the last quarter of the year. We are targeting the top end of our guide, production guidance and on track to achieve our operating cash costs per ounce guidance. We are doing very well in terms of all-in sustaining costs per ounce sold at $785 year-to-date. Our all-in sustaining cost is better than our guidance. We definitely expect to meet and potentially beat our all-in sustaining cost guidance for the year. That's in spite of, you know, inflationary pressures related to increased fuel and power, energy costs and, you know, and the change in the FX rates would have an impact. Looking at our expenditures, if you take sustaining and growth capital expenditures together, total CapEx guidance is $530 million-$585 million for the year, and we are tracking to be in line with that range. Also, exploration spending should be at the low end of our guidance of $170 million-$190 million for the year. that, you know, the lower end of achieving the exploration guidance may be a function of lack of, you know, we can get access to drills. We can get access to. So it's a lot of equipment to do the work, but we can't get people to man the drills. That's been a challenge and I think a challenge for our industry going into 2022. Anyway, with that, I'll turn the call over to David Soares, our CFO. Thank you, Tony, and good morning, everyone. I'll start on slide 13. In Q3 2021, we achieved record net earnings of $254.9 million or $0.96 per share. This represents a 26% increase from $202 million in Q3 2020 and 4% increase from $244.2 million from the previous quarter. The increase from both prior year, prior quarter and prior year resulted mainly from higher revenues. Adjusted net earnings totaled $241.3 million or $0.91 per share. The main difference between adjusted net earnings per share of $0.91 and net earnings per share of $0.96 in Q3 2021 was mainly related to the exclusion of $15.6 million net tax recoveries resulting from the optimization of discretionary deductions for Ontario Mining Tax on filing the 2020 tax returns, foreign exchange gains costs attributed to non-operating assets, mainly in Northern Territory, system implementation costs as well as COVID-19 related costs. Turning to slide 14. In Q3 2021, revenue totaled $667 million. The change from Q2 2021 is mainly driven by an 8,000 ounce increase in sales volume, which is partially offset by lower realized gold price in the quarter. Compared with Q3 2020, revenue increased by $34 million or 5% year-over-year, mainly due to a higher gold sales volume, which increased from 332,000 ounces in Q3 2020 to 372,100 ounces in Q3 2021, with the increase largely reflecting record gold production at Detour Lake and strong production at Fosterville, partly offset by unfavorable impacts from the lower average gold price. Moving to the next slide and looking at EBITDA on slide 15. Q3 2021 EBITDA totaled $451.6 million, which was comparable to Q2 EBITDA of $451.3 million. Compared with the same period in 2020, EBITDA increased by $67 million, mainly as a result of higher revenues. Looking at income taxes, our Q3 2021 net earnings benefited from a lower effective tax rate of 25.3% versus 31.6% in Q3 2020, mainly as a result of the $15.6 million net tax recovery related to the optimization of the eligible tax deductions for Ontario Mining Tax, following a restructuring of the company's Canadian entities early in 2021. Moving on to slide 16, we look at the Q3 cash flows. You can see that the largest contributor to growth in cash was from our operations, which generated about $396 million of cash. This is before income tax paid of $78 million, gross capital investment of $88.5 million, and exploration spending of $39.4 million in the quarter. Other cash outflows include the costs incurred at our non-operating sites, mainly the Cosmo hold complex of $15 million and corporate G&A of $14.3 million. During the quarter, $175.3 million was returned to shareholders, including $125.3 million used to repurchase shares through the company's NCIB and $50 million of dividend payments. Turning to slide 17 to look at our cash balance and cash flow on a year-to-date basis. We generated nearly $1.1 billion of cash flows from our mining operations after sustaining capital. We paid $298 million of income taxes. We invested in our key assets, incurring $217 million in growth capital and $128 million in exploration expenditures. We would have accumulated ending cash balance of nearly $1.2 billion before returning $334 million of capital to shareholders, comprising of $184 million used to repurchase shares and $150 million in dividends paid on a year-to-date basis, ending the quarter with $822.4 million in cash. Next, I'll turn it over to our COO, Natasha Vaz, to discuss our operating results. Thank you, David, and good morning, everyone. I'm on slide 18, which outlines our consolidated production results for the quarter and year to date. Overall, as Tony mentioned earlier, we achieved solid operating results in the quarter, with production just over 370,000 ounces compared to 339,584 ounces in Q3 2020, and a quarterly record production of 379,195 ounces the previous quarter. Our operating cash cost per ounce sold was $430 an ounce, which is well below our full year guidance. As for our AISC per ounce sold, it was also very strong at $740 an ounce. This is a 16% improvement from Q3 2020 and 5% better than the previous quarter. The $740 an ounce also compares very favorably to our full year guidance range of $790-$810 an ounce. When we look at our year-to-date operating results, they too are very strong. Year-to-date production totaled 1.5 million ounces, which is a 5% increase from year-to-date 2020. Our operating cash cost per ounce sold was $466 an ounce compared to $407 in year-to-date 2020. Finally, our AISC per ounce sold was $785 an ounce versus $804 in year-to-date 2020. With that, we'll now get into a little more detail on the operations, and I'll turn the call over to Ion Hann, our Vice President of Australian Operations, to provide an update on Fosterville. Thanks, Natasha. I'll start with Fosterville on slide 19. As you have heard, Fosterville had a very strong Q3. Fosterville produced 135,000 ounces in Q3 2021, based on processing just over 180,000 tons at an average grade of 23.6 grams a ton and average mill recoveries of 98.7%. Production in Q3 2021 exceeded expected levels, mainly due to continued grade outperformance in the Swan Zone. For the year to date, we produced 401,400 ounces, significantly higher than target levels, largely reflecting grade outperformance in the multiple Swan Zone stocks during year to date, as well as some changes to sequencing, involving moving high grade stocks from Q4 into Q2 earlier in the year. Production year to date 2021 compares to the production of 476,000 ounces for year to date 2020. The reduction, reflecting lower average grade consistent with our previously stated plan to reduce production with the intention of creating a more sustainable operation while we continue our extensive exploration programs. Partially offsetting the impact of a planned reduction in the average grade was a 28% increase in tons processed to just under 525,000 tons year to date, 2021. Turning to costs. We achieved a very strong performance for both Q3 and year to date. For Q3, we had operating cash costs of $170 an ounce, and all-in sustaining costs of $337 an ounce. For the year to date, operating cash costs averaged $194 an ounce, with all-in sustaining costs of $367 an ounce. I'll now turn the call over to Larry Lazeski, General Manager and Vice President of Detour Lake Mine. Thanks, Ian. We'll start on slide 20. As Tony mentioned earlier, quarter three was an outstanding quarter for Detour Lake. We achieved record quarterly production in Q3 of 189,000 ounces based on processing 6.2 million tons at an average grade of 1.04 grams per ton and average recoveries of 91.6%. This is an increase of 35% from Q3 2020, and an increase of 14% from the previous quarterly record of 166,000 ounces in Q2. The quarter-over-quarter increase was largely due to a 5% increase in tons processed, as well as an 8% improvement in the average grade. Mining during the quarter focused largely on high-grade areas as part of the phase two mining plan. For year to date 2021, we produced 501.8 thousand ounces, which was 38% higher than the eight months after the acquisition last year, and a 22% increase from the full nine months of year to date 2020. Looking at our operating cash costs, average $601 in Q3 and $647 per ounce for the year to date. Very importantly, the mine achieved record all-in sustaining costs of $937 per ounce sold. Our strong cost performance was achieved despite some inflationary pressures we have seen on diesel, fuel, and energy, and in a few other areas. We continue to work on mitigating the impact of those cost pressures. Moving to slide 21. As Tony mentioned earlier, we have a significant number of projects on the go at Detour Lake. Our growth capital expenditures at Detour for the first nine months of the year totaled $137 million. Of that amount, $66 million was for deferred stripping, and $70 million was for the procurement of mobile equipment and projects involving tailings management area, process plants, as well as construction of a new assay lab and airfield. With that, I'll turn the call over to Evan Pelletier, Vice President, Mining, Kirkland Lake. Thanks, Larry. I'm starting on slide 22. Production at Macassa in Q3 totaled 46,000 ounces at an operating cash cost of $657, and an all-in sustaining cost of $859. The increase in production from Q3 2020 mainly reflected a higher average grade in Q3 2021 compared to the same period a year earlier. The reduction in production from Q2 2021 reflected lower tons processed due largely to higher levels of underground maintenance and reduced equipment availability, as well as the impact of the lower than planned average grade due mainly to mining sequencing. Looking at year to date, production at Macassa totaled 148,854 ounces based on processing 243,615 tons and at an average grade of 19.4 grams per ton and average recoveries of 98%. Production year to date is lower than planned, with the underperformance being due largely to reduced equipment availability caused by increased maintenance requirements, poor battery performance, and delay in receiving new batteries. Moving to slide 23, where we are doing very well at Macassa is advancing our key projects, mainly #4 Shaft, as well as with exploration, which I know Eric talked about in last quarter's call. Looking at #4 Shaft during Q3 2021, the shaft advanced approximately 500 feet and had reached a depth of 6,100 feet as of September 30th, 2021, with development of the 6,100 level station also being completed. We also have made good progress with other priority projects such as our ventilation expansion involving completion of the two vent raises. With that, I'll turn the call back to Natasha Vaz. Thanks, Evan. To wrap up the operating review, I'll look at the outlook for the full year. I'm on slide 24. On consolidated basis, Tony has already touched on it, and as he mentioned, we are on track to achieve the top of our production guidance of 1.3 million-1.4 million ounces. Operating cash cost per ounce is on track to achieve guidance, and we are positioned to either meet or potentially even beat all our all-in sustaining cost per ounce guidance. Just looking at the individual operations, Fosterville achieved its full year guidance in the first nine months of the year. We're now expecting Fosterville to produce around 500,000 ounces for the year or higher. Also, with respect to operating cash cost per ounce, we should easily beat the guidance range of $230-$250 an ounce. Over at Detour, we're targeting another record quarter in Q4 with production to exceed the Q3 level of 189,000 ounces. We now expect production for the year of at least 700,000 ounces with operating cash costs at the top end of our guidance range or slightly higher. Over at Macassa, we are already seeing improved results in Q4. Having said that, we're not expected to achieve our guidance with production now planned to be within 190,000-210,000 ounces at operating cash costs above the guidance range. With that, I'll turn the call over to Eric Calio, our Senior Vice President of Gold Exploration. Okay. Thanks, Natasha. Good morning, everyone. My first slide today is number 25 from Detour Lake project, where we continue to have tremendous success with both drilling and advancement of the resource, with the key product being an updated resource and a substantial increase in ounces from our latest year-end. Here, information from the estimate shown on the current slide, which is a long section looking northwest across the project area containing pit shells from both the new and the older work. As indicated, the updated resource has added approximately 10.1 million ounces to the overall total and bringing the new total to about 14.7 million ounces, exclusive of reserves, which at year end were about 15 million. All this material lies in a pit shell which is measuring about 4 km long and extending to about a maximum depth of 600 m from surface, with all reserves located at the top, shaded in the dark green, and all the resources lying below are shaded in yellow and lighter green, which is essentially covering the whole south and westward areas footing the focus of our recent drilling. Important to note that all this increase was accomplished with only about 180,000 m of drilling or two-thirds of the planned 270,000 m program started last year. The limits of the pit are really close to the limits of drilling, and we are still seeing good holes at those limits. Now turning to my next slide, number 26. What we see here is another image from Detour illustrating additional details from the resource model along with new drill results released just two days ago and already demonstrating additional upside potential here. As announced, the new results include an additional 39 holes and six wedge holes targeting mainly toward the west pit, and in our view, containing a lot of very good positive messages, including reinforcement of our overall geological model of westward plunging shoots and some very positive drill intercepts. Some of the key holes to note from the drilling include a cluster. Let me remind you of the cluster holes on the west side of the current pit shell, where there was very limited drilling in the past and now containing some wide high-grade intercepts. As well as hole number 300, which you see more in the central part of the west pit, which is actually drilled under the north wall of the pit and also having good intercepts. The other good hole I'd like to point out is number hole 295, located in the eastern part of the saddle, which intersected 20 grams over 25 meters. Just in the immediate west wall of the main pit. Considering all the above is the fact that we still have 11 trials drilled on site, continuing the program, and we actually are feeling very confident about the project and our possibilities to add even more ounces by the time we do the next update. Now turning to my next slide, which is number 27. We see the first of four slides relating to Fosterville and where we also saw some very good success in Q3, including multiple high-grade intercepts for both the Lower Phoenix and Robbin's Hill areas. In terms of the slide at hand, what we see is a long section across the mine area showing the location of these two main targets, as well as some details for our 2021 exploration program. As indicated, the Lower Phoenix is on the left-hand of the slide. It has two main targets, including the Swan and Cygnet, and most of the work at this time being focused on the Swan and down plunge extension of mineralization from current reserves. For the Cygnet, the Cygnet is the second zone located 100 meters in the footwall and is also an important target here. Important to note is that until the early part of this year, most of the work at Swan was not freely available to us. It only became more available when a new drift was finished in June. Now we have five drills at this location and able to do a lot of drilling in this area. Additional to this, we also now have a lot of drilling happening at Robbin's Hill. As with the Swan area, the main target is a down plunge from the reserve. Most of the work to date has been done from surface, but as you can see, we are still continuing to advance the underground decline and getting very close to be able to start drilling from underground. Turning to my next slide. What we can see is some additional details for the work that's happening at the Swan Zone in Lower Phoenix area. Key things to note here would be we're starting to get a large number of holes. 109 holes were actually released in our last press release here. The following holes are showing a fairly consistent trend down plunge from the reserve. We're also seeing some very high-grade intercepts right near the limit of the reserve, including 51.7 grams over 2.6 meters, 12.8 over 4.6 meters. 9.6 over 6.4 meters. In addition to that, what we've seen is high-grade intercepts within the trend, 14.1 over 7.5 meters, 10 over 10.4 meters, 13.2 over 3.2 meters. In our view, offering significant potential for high-grade lenses within the overall trend. Turning to my next slide. This is just showing a little bit more detail for the drilling which is happening in the Cygnet area. As indicated, as with the Swan drilling, we've got quite a few more new holes located within this area now. From the new drilling, seeing a lot of new high-grade intercepts. Some of the key ones being 258 grams over 1.8, 142 over 2 meters, and 494 over 4.1. Key part of this drilling, though, has been not only the higher-grade results, but identification, I think, of parallel, of splays coming from the main, from the main structure which we identified in the past, with the key ones being the Pen and the Target In. These are defined, these are shown on the left-hand side of the slide. As you can see, these are more directly aligned with the Swan and containing some of the higher-grade intercepts. Very important development, I think. Turn to my next slide, which is from the Robbin's Hill area. As you can see here, we are also starting to get quite a few drill intercepts, and now, holes extending down to about 1,000 meters down plunge. As announced in our last press release, we're seeing some very favorable results right near the limit of the trend near the 1,000-meter level, very close to the elevation where Swan started to look better. We're seeing holes that have quartz visible gold and numbers which are much higher grade than the average that we saw at higher elevations, including 28 grams over 1.1, 23 over 1.4, and 19 over 3.4. As with Swan, we also see some very high-grade numbers within the trend, such as 81 grams over 2.5 meters, which again suggests the possibility of high-grade lenses. All in all, we believe that the work at Osisko is coming along very well, and a lot of possibilities for not only replacing ounces, but coming up with new high-grade material. Now I'll put the call through over to Tony. Okay, thanks, Eric. I'm turning now to slide 31. The final slide of our deck. To conclude, you know, as you can see, we had an excellent quarter in Q3 2021. You know, besides operating results, we also had a highlight in the quarter in terms of the merger announcement with Agnico Eagle, which will create a new leader in gold mining industry. Again, as we've talked about, the lowest costs, highest margin, best jurisdictions, and an extensive pipeline in development and exploration projects to drive sustainable low-risk growth. You know, with a very strong balance sheet and strong core group of depth of people to create that value for shareholders. Q3 was a record quarter in gold earnings and earnings per share for Kirkland Lake Gold. You know, as outlined, Detour Lake had a truly outstanding quarter, record earnings, throughput, and all-in sustaining costs. Osisko continued outperformance. It continued to outperform. In a nutshell, the Fort Knox project at Macassa remains on track for completion in late 2022. You know, that'll really help in terms of that. Combined with that, plus a new ventilation system at Macassa, plus, you know, a new fleet of equipment as we move into 2023, will really transform Macassa into a whole new mine. Eric outlined our success with the drill bit that continues to be part of all of our value creation. You know, you can see we're doing that in each one of our assets, each one of our mines. Looking ahead, as Natasha gave some kind of color to, we're on track to finish 2021 strong and achieve all of our 2021 guidance. We're also looking forward to moving into 2022 as part of a new world's leading great gold mining company, and it's one that's well positioned to generate superior long-term value for shareholders. You know, before I finish, you know, I just want to say it's November fourth, and we're, you know, as we talked about, you know, we are having some strong production success coming into Q4, but we are also at the start of the holiday Christmas season. During this period of time, maybe I'd just ask everyone within Kirkland Lake Gold, our suppliers, contractors, those on the call, please remain diligent for your own personal safety and the safety of others as we end the year. You know, we don't really want anybody to get hurt. You know, no ounce of gold produced, no dollar in cash flow, no penny in earnings is more important than your personal safety and the personal safety of the people you work with. Everybody should end the year here, be able to be with your families over the Christmas season. Anyway, with that, be happy to take some questions, and thanks. As a reminder, if you'd like to ask a question, please press star then one on your telephone keypad. Our first question is from Tyler Langdon with JP Morgan. Your line is open. Morning. Thanks for taking my questions. You know, maybe just to start, you know, can you talk about, you know, the sort of levels of cost inflation, you know, that you're seeing right now and, you know, sort of what you're seeing in, you know, areas for, you know, materials and labor and fuel? And then just kind of, you know, talk a little bit about your expectations, you know, heading into 2022. The first part, I just sort of missed a little bit of the first part of the question, but it was, you asked about what we're seeing in terms of labor. Yeah, sorry. Yeah, just, you know, the cost inflation you're seeing now, you know, and just, you know, from whether it's from materials, consumables, labor, fuel, just kind of sort of the different buckets. Yeah, well, I mean, we don't see anything unusual in labor. I mean, labor you know follows tracks that we normally do kind of see year over year in terms of net labor cost, labor cost. You know, again, part of it all is you know, as we train and develop people, as people you know earn more, they become more productive and create more value. A lot of that gets offset. People earn the pay that they get, the increases they get. You know, it's always money well spent in those areas. We're happy to do it. In terms of commodity prices, I mean, you know, I think that's some of the big areas. You know, we can get Natasha and Ian and Larry to give a little more color. Some of the big areas that we talked about is, you know, our forecast where diesel was at the beginning of the year to where diesel prices have gone, some energy pricing costs, where we see that and a few other commodities. Definitely the FX rates have had some impact on us, but as you can see, our operations have been able to weather that and perform well and probably would have. We would've had, if commodity prices would have stayed the same, we probably would have been at a significant beat in our cost items. Natasha, you want to call it there? Basically, hi, Tyler. In Q3 2021, we have seen some inflationary cost pressures as Tony mentioned, mainly in diesel and electricity and things like grinding media. It has mainly impacted us at Detour. There have been some supply chain issues as Evan mentioned, particularly with batteries and battery-powered equipment. You know, through effective cost management and higher than planned gold sales, largely at Fosterville, our operating cash costs guidance and also our AISC sold in Q3 of 2021 were significantly better than the full year 2021 guidance ranges, right? Looking forward into 2022, we expect inflationary pressures for energy and consumables to continue. While difficult to predict, I guess we can safely say that we're focusing on working to mitigate that and focusing on cost management as we go through. Great. Just as a final question, at Macassa, you kind of, you mentioned, you know, some of the issues that impacted production in Q3, and you said you're seeing improvement now in Q4. I mean, should these issues largely be resolved in Q4, or could they sort of slip into Q1 of next year? Sure. Well, yeah, the underperformance we have seen at Macassa is again mainly related to equipment availability caused by increased maintenance requirements and also poor battery performance and delays in receiving the new batteries. The battery truck industry is relatively new, as you know, and with demand soaring, we are seeing tightness in the market as well as some issues with quality. The battery life we're getting at our mobile equipment is down in some cases to six months instead of years. We are seeing some better results in Q4 so far, so it is encouraging. We are working with our suppliers hand in hand to try and resolve these issues as soon as possible so it doesn't impact us as much going into future quarters. Yeah. You know, if you went back a few years ago, I mean, Macassa was a leader in battery technology, battery equipment and so at underground. We were really the only consumer of batteries. So we were getting the quality and timely delivery and effectiveness of them. But now as the industry's picking up, and more of the industry is asking for this equipment, the supply industry is not able to match. All of a sudden now that, you know, you're seeing a drop in quality as well as, you know, the timing and the delivery and even availability is exceeding what we need it for the supply industry to catch up. We're working on a number of initiatives to sort through that. Great. That's it for me. Thanks. Our next question is from Ovais Habib with Scotiabank. Your line is open. Thanks, operator. Hi, Tony and Kirkland Lake team, and congrats on a strong quarter. Really thanks for taking my questions. Couple of questions from me, and I apologize in advance if you've already touched upon these. Several companies have reported updates this morning, and I'm trying to multitask as best as I can. My first question is regarding Fosterville. Now obviously, Fosterville has had a fantastic year. Q3 production beat as Fosterville kind of continues to on the grade outperformance. You have made changes to the mine sequencing, essentially bringing higher grade forward. At the same time, you seem to be getting some significant positive grade reconciliation as well. Are you expecting this to continue into 2022? Are you modeling this positive grade reconciliation in Q4? How about that, Ian, do you probably can have a real good answer to these questions. Is that fair? Yeah, sure, Tony. That's a good question. The grade performance so far we've seen this year has really only come from three stopes mainly. Those three stopes account for, you know, essentially about 60,000 ounces of the overperformance so far this year. We don't see the broad range of stopes in Swan Zone are modeled really well and reconciled really well. We do have the odd really extreme grade areas that are really difficult to model, to be honest. It takes very small variation in physical size of vein to add significant ounces into the equation for the stope. Do we see it continuing? We have seen a little bit of outperformance already in Q4. Having said that, over the year, we're really only talking about, you know, three main stopes. As for the sequencing changes, driven by mine sequencing at the start of the year, these decisions were made in Q1 leading into Q2. It had the effect of dragging some higher grade stopes from Q4 into Q2 as compared to the original plan. Really the main contributor for the year has been those sort of three stopes that outperformed significantly. Does that answer the question? Yes, it does. Just to kind of follow up on that, you know, are you looking to kind of tighten up drilling or do some additional grade control drilling to kind of tighten up that model? Or is this part of reconciliation, you're just taking it as it comes? Good question. The drilling that we'd need to be able to really pinpoint the very small physical changes in vein width and/or grade, you know, we'd be talking about, you know, 5 by 5 sort of drilling. So we don't intend to do that. And you know, we understand the geological setting where these types of really extreme outperformance can occur and we'll be looking to try and model that as best we can going forward. But I'll reiterate, the vast majority of this one reconciles really well to model. It's just the odd stope where we tend to have a bit of a fault splay to it that significantly outperforms. Got it. Even with that, though, you still are expecting a pretty solid 2022 coming into it, right? Certainly, Tony. Yep. We see 2022 still being a very strong year for Profit. Perfect. That's great. Just shifting gears to Detour. It was great to see throughput moving higher in Q3 to 67,000 tons per day. Really to meet the target of that 24.5 million tons for the year, you need to kind of process around that 70,000 tons-73,000 tons per day in Q4. Now, do you need any additional equipment or any addition to the plan to achieve this, or are you on track? You know, any color you can provide in how October is progressing. You can answer that question, Lary or Natasha. Sure. I can start, and then Larry can finish. Yeah, overall, we're in really good shape, Ovais. In Q4 from a mine perspective, we have good material, and we're on target to have some good blast in the quarter. The mill is shaping up to be very good. We have a small shutdown planned in the quarter, but nothing material. From a plant perspective and from a mine perspective, we're in good shape to hit our targets.Larry, you wanna add some more color? Yeah, sure. In fact, it's, you know, we're very optimistic that we're gonna finish strong in Q4. We've already got a good start in October. As we mine through some higher grade zones in phase two, that's gonna continue not just this quarter but into, you know, in the next year. From the mining end, we're in pretty good shape. Actually, we haven't even seen the benefits of the growth projects at the front end of the mill yet. Yes, things are looking pretty strong for the team to finish the year. You know, the team has worked really hard to make some operational improvements. The increase in throughput is actually not through our growth projects yet. As they come online this quarter and into next year, should only help us and de-risk those, our tonnage. Thanks. Yeah. A lot of the success from a throughput point of view is, you know. It's a lot of initiatives. There's a lot of small initiatives. It's like a lot of the big projects are still to come in 2022, right? So. Perfect. That's a great update. Just to confirm, in terms of the grade, I mean, grade moved up over a gram per ton in Q3, and is that expected to remain around the gram per ton going into Q4 as well? Go ahead, sorry. Go ahead. Yeah, yeah. Absolutely. Again, phase two, we're kind of right in the heart of the ore body right now going through the underground areas. We expect to be in and around the 100-ton, maybe a little better. Perfect. That's great. I really appreciate the color. That's it for me. Thank you. Our next question is from John Tumazos with John Tumazos Independent Research. Your line is open. Thank you. I know you provided some explanation. I wanted to give you a chance to explain a little more the tremendous 67,368 tons a day through the mill at Detour. I'm assuming that it wasn't softer rock, and that part of it was a significant increase in uptime due to better maintenance practices and infrastructure improvements. That some of it was due to specific, relatively small capital improvements that don't stand out on the cash flow statement, but obviously had a big impact. Please tell us how you did such a great job. How about Natasha? Yeah, I'll let Larry speak to the details as well. Hi, John. There are some initiatives that we've been working on with respect to drill blast and getting higher fragmentation. We did see some opportunity where we recovered some ore within the areas of the talc area, so it is better material. There's some work being done on the mill side with respect to the choke feeding and filling that up. I think, Larry, do you wanna add any more details associated with that? Yeah, sure. I think Natasha hit most of it there. It's really focused around optimizing our high intensity feed, high intensity blast fed. We are producing more fines. Yes, it is just as hard as it ever has been. You got that, the choke feeding and really just the team working together between the mine and the mill and making sure that the feed is consistent. Actually, on the uptime, we did have two plant shutdowns in Q3 with only one in Q4. We Uptime was not a factor. You actually had more downtime. Yeah. Yep, that's correct. Well, congratulations. Our next question is from Mike Parkin with National Bank Financial. Your line is open. Thanks, guys. Congrats on the good quarter. It's certainly been the focus of the call. On Detour, can you just give us an idea of, like, where you're seeing, you know, what's the bottleneck, you know, currently? Is it more, you know, the mine is hungrier or, you know, it's more on the mining side? Is it mine or mill that you're kind of focused on near term in terms of unlocking the next step of throughput upside? Go ahead, Natasha. Sure, sure. I think the mine is producing at a pretty good rate. The mill is doing. The front end is doing very well. I would say if we wanted to increase throughput going forward into the future even further, I would say it would be the back end in terms of the CIP circuit and debottlenecking that, and that's part of the projects that Larry and his team are working on to get established and commissioned later next year. Larry, any more color on that? No, that's good. That's where our focus will be in the, you know, the first half of next year for sure is in the back end of the plant. Yeah, that's it. In terms of mine throughput, I mean, if you look at the updated mine plan that Andre Leite and crew put up, I mean, as we progress into 2020, in the next few years, we increase mine throughput. Mine output, we're gonna be adding trucks. To add support adding trucks, we're gonna, you know, we need shops and things on site. There's that. We're looking at new infrastructure in terms of putting a private LTE network, a partnership with Rogers Communications to do that and we take advantage of technology on site. A lot of those initiatives that'll help in terms of increasing throughput. Plus, as we go into the larger pit concept, it gives you more geography to work with and a lot more flexibility in terms of less delays in terms of equipment moving around, et cetera. There's a lot of these things that are gonna come and as Natasha and Larry mentioned, in terms of the plant, we're working on the front end to improve throughput through the crushers into the SAG mill. Part of that is screens and a refeed system. Getting more tons to the mill is good, but we don't want it at the expense of recovery. That's where, you know, as Natasha mentioned, we're working on improvements and expansion of our leach circuit, our CIP circuit, as well as the new gravity circuit, additional gravity circuit we add into the mill over the next while. All right. Thanks for those details. Two other things is, historically, we saw loading rates in terms of what a truck could actually be loaded to versus what it was actually being loaded to. That was kind of a historical issue pre your management time. How has that kind of shifted to, you know, where you're kind of operating today? Are the trucks kind of right in line with maximum capacity? And then historically, also, there was a fair bit of rehandle. Now that the open pit, you know, continues to mature, are you seeing, you know, relative to historical years, the amount of rehandle fall, or is that still kind of something that the West Pit really unlocks the potential of showing, you know, significant improvement on that front? Hi, Mark. I can. Go ahead, Larry. Sure. Okay, sorry. I can speak to the truck payloads. It's something actually that's been ongoing for a couple of years now. We've looked at the bodies that we had originally with the 795s and looked at kind of right-weighting the trays and to get slightly increased payload. We've always been focused on maximizing GVW and keeping within a fairly tight range. With these, as we continue to add the truck bodies, we've increased payload by, you know, almost 2.5% here over the last maybe four quarters or so. That probably gives you a bit of, you know, and we ask our shop operators. It's something we monitor very closely and ask them to make sure that we're paying close attention to maximizing payloads as well. Okay, excellent. Just on the rehandle. Sorry. Yeah. Within pit, there's very little rehandle. We really focus on establishing, you know, a good haulage and ramp system right off the bat. However, we do still have kind of historic levels of rehandle with ore up on the run. That's actually been, you know, fairly important for us to achieve these levels of mill throughput. When we focus on our high intensity blasting in the ore zones, we can't do it everywhere. It's only in the areas that are kind of safe with respect to, you know, minimizing dilution. We have to stockpile a fair bit of ore so that we can maintain a consistent blend going through the mill. Is that something that if you have West Pit opened up, you can kind of balance it off by doing ore in one while wasting the other? Or is that not how you guys see it, you know, still be something to like what you're kind of running at now? Yeah, we foresee our rehandle levels to be kind of in line with where we are currently. Okay. All right. That's it for me, guys. Thanks very much, and congrats again. Our next question is from Fahad Tariq with Credit Suisse. Your line is open. Hi. Good morning. Thanks for taking my question. I'm just trying to get a sense of what will be incorporated into the next year's life of mine plan at Detour. It sounds like, you know, obviously the year-end reserves will be part of that. Earlier in this call, there was something mentioned about potentially debottlenecking the back of the plant. Are those efforts or that optimization, is that gonna be factored into the plan as well, or is that just potential further upside? Well, you know, in terms of you know all the effort we talk about debottlenecking the plant, that this is all part of the you know what's going into the mine plan, which is being used at Detour. I think there's a lot of those initiatives I alluded to. You know, like when once we you know you got to be increasing the size of truck fleet, you know, increasing maintenance capabilities, a lot of other initiatives in terms of of excuse me like sort of maintaining grade control improvements that we're working on. Natasha mentioned about blasting improvements. That's been an initiative for quite some time at Detour. But you know, Natasha, maybe you give more color. Everything we see tells us that we're headed for a strong growth in mineral reserves, and that we're well on the road to transforming Detour into one of the largest and most profitable gold mines. In terms of what next year's reserve increase will look like, the new mine plan will look like, yes, we'll factor in all the improvements that we're working on. What Tony mentioned, the IP debottlenecking was part of this past life of mine update as well. That will all get factored in to get that mill running at the higher throughput that we anticipate. There's still a lot of work to do from a life of mine perspective, and we'll get through that in early next year. I mean, in the CIP plant, I mean, if we could go back, we would build a different style CIP plant than what's there, but we live with what we got. You know, the people at the site have done a great job in terms of identifying the areas that can be improved for improving it and removing any bottlenecks there. Okay, got it. It sounds like all of that is being factored in. Okay, okay, then just switching gears to Fosterville just quickly. You already spoke about grades, but just on throughput, obviously throughput this quarter was quite strong. I'm just trying to figure out for Q4, because even if I keep throughput even flat or slightly down, you're gonna be well ahead of even above 500,000 ounces for the year. Is that throughput level sustainable into Q4? Go ahead, Natasha. Yeah. Hi there. With Fosterville, yeah, we're expecting to see some pretty decent throughput levels. We do have a shutdown coming up. Overall, I believe that we're projecting the grades in some of these areas that we're mining to be somewhat lower. Ian, do you want to provide any more color on that? Yeah, sure, Natasha. Look, the mine's really well sequenced at the moment. You know, with the guys are on top of the development and that flows through the stoping. I think what we've seen so far is that with the impact of paste fill coming on last year and really embedded this year, and a lot of the work on site has gone into the production sequences themselves. We're seeing the benefit of that now with the increased productivity of our stoping. We expect that to continue on. In fact, you know, we would see ourselves improving our tonnage productivity over the coming years. You know, I guess the other part in terms of the plant itself, I mean, you still are not achieving. The plant is up to 800,000 tons-850,000 tons a year or plus plant, right? So it's not the mill that's holding it back. It's mine productivity. That's a big component. Got it. Okay. That's it for me. Thank you. We have no further questions at this time. I'll turn the call back over to Mark Utting for any closing remarks. Thanks, everyone, again, for taking part in our call today. As you heard, we had a very strong third quarter and a very strong first nine months of 2021. Even more important, we're positioned for a very strong finish and to finish the year very well relative to our guidance. Looking further ahead, as I said when I started, we're very excited about the upcoming merger with Agnico Eagle, and we're looking forward to entering 2022 as really a new leader in the gold mining industry. Thanks very much. Ladies and gentlemen, this concludes today's conference call. Thank you for participating. You may now disconnect.
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