Kirkland Lake Gold Inc
25 March 2008


                    KIRKLAND LAKE GOLD INC. (the "Company")                     

                                                                                

                             Block Admission Return                             

                                                                                

                                 25 March 2008                                  

 

The block admission return for the Company's block scheme covering the period
from 25 September 2007 to 25 March 2008 is stated below.


 
Name of Scheme     Common shares       New   Common    Common  Exercise  Common
                        issuable    Common   shares    shares     price   shares
                    under scheme    shares   issued  expired/           issuable
                           as at  issuable   during cancelled              under
                    25 September    during      the    during          scheme at
                            2007       the   period       the           25 March
                                    period             period               2008
                                                                                
 -------------------------------------------------------------------------------
                                                                                      
Options under the      1,199,500         0    5,500         0  CDN2.20 1,194,000
Company's Stock                                                                       
Option Plan                                                                           
                                                                                      
Options under the      1,500,000         0        0         0      N/A 1,500,000
Company's Stock                                                                       
Option Plan                                                                           
                                                                                      
Options under the        265,000         0   20,000         0  CDN9.30   245,000
Company's Stock                                                                       
Option Plan                                                                           
                                                                                      
Warrants                       0   225,000        0         0      N/A   225,000
                                                                                      
Warrants                       0    40,000        0         0      N/A    40,000
                                                                                      
 -------------------------------------------------------------------------------
TOTAL                  2,964,500   265,000   25,500         0      N/A 3,204,000
================================================================================

 

 

Application has been made to AIM to increase the Company's Block Scheme by an
aggregate of 265,000 common shares and it is anticipated that the increase will
become effective on 26 March 2008. As of 26 March 2008, the number of common
shares issuable under the Block Scheme will be 3,204,000 common shares of no par
value in the Company.

 

As at the date of this announcement the Company has 55,703,312 common shares in
issue.

 

As at 25 June 2004, the date of the Company's admission to AIM, the Company had
an issued share capital of 36,717,871 common shares with no par value admitted 
to trading on AIM.

 

Company Contact:

 

Sandra Lee
Corporate Secretary
#300, 570 Granville Street
Vancouver, B.C. V6C 3P1
Tel: 604-689-1428

Nominated Adviser
Canaccord Adams Limited
Robin Birchall
Clayton Bush
Tel: +44 (0)20 7050 6500

 



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