Canadian Mining Journal

News

GOLD EXPLORATION: Lake Shore cuts high grades near Bell Creek

ONTARIO - Lake Shore Gold of Toronto is having success with its drill program at the Vogel property, 2 km east of its Bell Creek complex near Timmins. High grade drilling results were recorded in widely spaced holes along strike and below the...



ONTARIO – Lake Shore Gold of Toronto is having success with its drill program at the Vogel property, 2 km east of its Bell Creek complex near Timmins. High grade drilling results were recorded in widely spaced holes along strike and below the depth of the current resource model, suggesting a moderate east plunging system with the potential for expansion.

Drilling near the west-central portion of the resource within 175 metres of surface intersected 3.48 g/t Au over 16.40 metres, including 13.84 g/t over 3.60 metres, 3.15 g/t over 23.40 metres, 2.96 g/t over 17.00 metres, 2.00 g/t over 24.80 metres, 1.42 g/t over 33.00 metres, and 8.50 g/t over 5.50 metres. Drilling within the east portion within 150 metres of surface intersected 1.10 g/t over 47.60 metres and 6.28 g/t over 7.20 metres.

Lake Shore says the shallow depth and significant width of the new intersections at Vogel suggest the potential to add an open pit to the Bell Creek complex.

The estimated indicated resource at Vogel is 2.2 million tonnes at an average grade of 1.75 g/t Au (containing 125,000 oz of gold). There is a further inferred resource of 1.5 million tonnes grading 3.60 g/t Au (168,000 oz).

See www.LSGold.com for additional information.