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



TSX:LSG.DB - Post by User

Comment by cre8valueon Oct 28, 2015 10:47am
191 Views
Post# 24234172

RE:Just goes to say y your drill for structure and mine for ore

RE:Just goes to say y your drill for structure and mine for ore
idlefreebird wrote: The Northeast portion of the 144 gap zone showed from surface drilling weak mineralisation but gold showings... but get into the structure below and now wow a real healthy ore zone...anf to have our first hole in the western portion of the Gap zone to hit :First underground hole into western portion of 144 Gap Zone intersects 6.85 gpt/59.2 m ... this is a healthy deposit and in my thoughts will be over 1 million onces with ease...Therefore with this zone looking at a healthier grade than our 4.2 gpt there will be less tonage needed but I'm thinking it will produce an easy 70,000 once a year production for well over 10 years ... therefore they can start minning this by 3rd Q 2016 and we can see 210,000 onces a year coming out of Timmins west by year 2017 .Now get us a shaft at Bell Creek and voila a 120,000 once a year there and 330,000 onces a year production out of what they had without Temex aquisition...Temex will add more ore and more years making Lakeshore a solid GOLD producer for many years ... therefore Tony succeeded in stabilising us as a true gold producer....GLTA and be strong and long as true value is coming....


Idle - You are right. Goldcorp wakes up and notices when you start producing over 300,000 oz/year.  I don't see how this remains a junior much longer.

         With this good fortune, Tony needs to announce he is starting a drill program at 
Fenn Gib. His geos are on a roll and they can easily turn that into 6-7 million oz. This will
put in play Barrick.

        With Goldcorp, Barrick, Teck and maybe AEM all engaged, LSG will finally arrive as the 
best junior mining gold company in Canada.


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