LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

new reserve estimate for Timmins West

[jcjohn36]

Lake Shore Gold Corp. (TSX: LSG.TO)(AMEX: LSG) says that reserves at the company’s Timmins West Mine in Ontario, Canada, have increased to 823,848 ounces of gold. The new reserve estimate for the Timmins West Mine is all in the probable reserve category, the company says. "For an underground mine early in its operating life, 3 to 5 years of reserves is a reasonable and appropriate level,” says Tony Makuch, president and chief operating officer of Lake Shore Gold. “Our intention is to complete the required drilling and other work to continue to build both our reserves and resources in order to maintain an ongoing 3- to 5-year reserve life.” Lake Shore Gold is a Canadian-based gold-mining company with projects located in Timmins, Ontario.