GOLD DEVELOPMENT: Timmins West ramp begun, shaft on schedule

ONTARIO LAKE SHORE GOLD of Toronto has begun driving a ramp from surface to the 400 level at its 100%-owned Timmi...
ONTARIO LAKE SHORE GOLD of Toronto has begun driving a ramp from surface to the 400 level at its 100%-owned Timmins West property. The current mine plan anticipates production from the ramp of approximately 30,000 oz of gold in 2009 with output reaching the target rate of 500 t/d late in the year.

Meanwhile work at the 710-metre shaft has reached the 100-metre level. Completion is planned for Q3 2009. Development from the shaft over the following year will allow the mining rate to reach 1,500 t/d. Ore will be processed at the Bell Creek mill, 20 km east of Timmins, Ontario. The mill will be refurbished and operational in Q4 2008.

Further information about the Timmins West mine and Bell Creek mill project are posted at www.LSGold.com. Lake Shore is also investigating several other gold properties in Ontario and Quebec.

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