FOR:  KIRKLAND LAKE GOLD INC.

TSX, AIM SYMBOL:  KGI

September 10, 2009

Kirkland Lake Gold Inc. Closes C$37 Million Bought Deal Private Placement Financing

KIRKLAND LAKE, ONTARIO--(Marketwire - Sept. 10, 2009) -

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

Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI)("the Company) announced today the closing of its previously
announced bought deal private placement of 4,555,000 units at an issue price of C$8.15 per unit. The placement
was fully subscribed resulting in the Company receiving gross proceeds of C$37,123,250, including proceeds from
the sale of units pursuant to the exercise of the underwriter's over-allotment option. Each Unit consisted of
one common share of the Company and one-third of one common share purchase warrant, each whole warrant
entitling the holder thereof to purchase one additional common share of the Company at an exercise price of
C$9.85 until October 10, 2010.

The Offering was underwritten by Wellington West Capital Markets Inc., who was paid a cash fee, and issued
broker warrants to purchase 273,300 shares of the Company until September 10, 2010 at a price of C$8.15 each.

The net proceeds of the placement will be used for exploration and development of the Company's mineral
projects, working capital, and general corporate purposes. The shares and any shares issuable on the exercise
of the warrants are subject to restrictions on transfer of four months.

An application will be made to the AIM Market of the London Stock Exchange for the 4,555,000 common shares
issued on closing to be admitted to be trading on AIM. It is expected that admission will be effective on
September 16, 2009.

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 is intended for distribution in Canada only and is not intended for distribution to United
States newswire services or dissemination in the United States. The securities being offered have not, nor will
they be registered under the United States Securities Act of 1933 as amended, and may not be offered or sold
within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an
applicable exemption from the U.S. registration requirements. This release does not constitute an offer for
sale of securities in the United States.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Kirkland Lake Gold Inc.
Brian Hinchcliffe
President
+1 (705) 567 5208
+1 (705) 568 6444 (FAX)
bhinchcliffe@klgold.com

OR

Kirkland Lake Gold Inc.
Scott Koyich
Investor Relations
+1 (403) 215 5979
info@klgold.com
www.klgold.com

OR

Pelham Public Relations
Chelsea Hayes / Klara Kaczmarek
+44 (0) 20 7337 1523
chelsea.hayes@pelhampr.com, klara.kaczmarek@pelhampr.com

OR

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

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.

Kirkland Lake Gold Inc.