The addition of the complex would increase Evolution's total annual gold production by 22 percent to 910,000 ounces according to the company presentation, making Evolution one of the larger mid-tier gold miners akin to Kirkland Lake (ASX: KLA ,TSX:KL,NYSE:KL), and putting it ahead of fellow Australian gold miner Northern Star Resources (ASX: NST ,OTC Pink:NESRF). For Newmont Goldcorp, Red Lake represented a mid-level North American operation, but it was on the smaller side when compared with the company's global portfolio. "Red Lake is an undercapitalized asset which, through a committed investment in development and exploration, is intended to become a cornerstone asset in the Evolution portfolio," said Evolution Executive Chairman Jake Klein.