Ion Hann and the $1.2m gold bar.

STAFF at the Fosterville Gold Mine have celebrated the pouring of two million ounces of the precious metal since the sulphide operation commenced in 2005.

Monday’s celebration was held onsite and also acknowledged the contribution made by the 650 employees at the mine.

General manager Ion Hann said the level of achievement attained at Fosterville can have only been reached through the hard work, spirit and great attitude of everyone involved with the Fosterville project to date.

The mine has experienced significant growth in recent years with the discovery of the Swan ore body, and this has led to owners Kirkland Lake Gold making significant investment into major projects and operational improvements.

This investment is aimed at maintaining and potentially further increasing production levels and ensuring our sustainability well into the future.

The mine has been an important employer and economic contributor to the region for more than 15 years with the current outlook the best it has ever been.

This year, Kirkland Lake Gold will invest more than $50 million in both its near mine exploration program and its Large Ore Deposit Exploration program, targeting the surrounding Fosterville Region.

Vice President, Australian operations Ian Holland said the level of investment that the company continues to commit to Fosterville is unprecedented in its history and augurs well for a bright future for stakeholders.