Aug 28 (Reuters) - Kirkland Lake Gold Ltd KL.TO :
* ANNOUNCES STRATEGIC ALLIANCE WITH NEWMONT CANADA
* AGREEMENT REGARDING EXPLORATION & DEVELOPMENT OPPORTUNITIES AROUND CO'S HOLT COMPLEX & NEWMONT'S PROPERTIES IN TIMMINS
* UNDER AGREEMENT, NEWMONT WILL PAY CO US$75 MILLION TO ACQUIRE OPTION ON CERTAIN MINING AND MINERAL RIGHTS