FOR:  KIRKLAND LAKE GOLD INC.

TSX, AIM SYMBOL:  KGI

August 19, 2009

Kirkland Lake Gold Inc.: Increase in Bought Deal Private Placement for Proceeds of CDN$30 Million

KIRKLAND LAKE, ONTARIO--(Marketwire - Aug. 19, 2009) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Kirkland Lake Gold Inc. ("Kirkland Lake" or the "Company") (TSX:KGI)(AIM:KGI) is pleased to announce that it
has increased the size of its bought deal private placement previously announced on August 18, 2009 (the
"Offering") to 3,700,000 units for gross proceeds of CDN$30,155,000, on an underwritten private placement basis
(the "Offering"). Each unit, priced at $8.15, shall consist of one common share and one-third of one common
share purchase warrant. Each whole warrant will be exercisable to purchase one common share of the Company for
a period of 13 months from issuance at a price of CDN$9.85.

The Underwriter shall also have the option, exercisable up to 48 hours prior to closing of the Offering, to
increase the size of the Offering by up to an additional 555,000 Units at the same price per Unit as is
applicable to the Offering (the "Underwriter's Option"), for aggregate gross proceeds under the Offering of
CDN$34,678,250, if the Underwriter's Option is exercised in full.

The Company intends to use the net proceeds of the private placement for working capital and general corporate
purposes. The private placement is expected to close on or about September 10, 2009.

The common shares issued and issuable pursuant to the Offering will be subject to a four-month restricted
resale period from the closing date. Completion of the Offering is subject to receipt by the Company of all
necessary regulatory approvals.

About Kirkland Lake Gold Inc.

Kirkland Lake Gold Inc. is an operating and exploration gold mining company located in Ontario, Canada.
Kirkland Lake Gold Inc. which includes the Macassa Mine and the 1,500 ton per day mill along with four former
producing gold properties - Kirkland Lake, Teck-Hughes, Lake Shore and Wright Hargreaves. These properties,
which have historically produced some 22 million ounces of gold, extend over seven kilometres between the
Macassa Mine on the west and Wright Hargreaves on the east and, for the first time, are being developed and
explored under one owner. This camp is located in the Southern Abitibi Greenstone Belt of Kirkland Lake,
Ontario, Canada. The Company's corporate goal is to expand its gold reserves and reduce its operating costs to
become a profitable gold producer.

The Company's common shares trade on the TSX (Toronto Stock Exchange) and on the AIM (Alternative Investment
Market) of the London Stock Exchange.

The Company's senior management and Board of Directors have extensive experience in the natural resource and
mining sectors that include exploration, mining and marketing, as well as experience in the legal and corporate
finance areas.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the
securities in the United States of America. The securities have not been and will not be registered under the
United States Securities Act of 1933 (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons (as defined in the U.S. Securities Act) unless
registered under the U.S. Securities Act and applicable state securities laws, or an exemption from such
registration is available.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Kirkland Lake Gold Inc.
Brian Hinchcliffe
President
705 567 5208
705 568 6444 (FAX)
bhinchcliffe@klgold.com

OR

Kirkland Lake Gold Inc.
Scott Koyich
Investor Relations
403 215 5979
info@klgold.com
www.klgold.com

OR

Pelham Public Relations
Chelsea Hayes
+44 20 7743 6675
chelsea.hayes@pelhampr.com

OR

Pelham Public Relations
Klara Kaczmarek
+44 20 7743 6675
klara.kaczmarek@pelhampr.com

OR

NOMAD: Panmure Gordon (UK) Ltd.
Katherine Roe
+44 20 7459 5744
katherine.roe@panmure.com

OR

NOMAD: Panmure Gordon (UK) Ltd.
Ashton Clanfield
+44 20 7459 5744

Neither the Toronto Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed and neither
accepts responsibility for the adequacy or accuracy of this news release.

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Kirkland Lake Gold Inc.