Better and... Better!
Lake Shore Gold drills 18.5 m of 12.68 g/t Au at Labine
2014-09-25 06:31 ET - News Release
Mr. Tony Makuch reports
LAKE SHORE GOLD REPORTS NEW ZONES OF HIGH GRADE MINERALIZATION, WITH STRONG POTENTIAL TO INCREASE RESERVES AT BELL CREEK
Lake Shore Gold Corp. has released results from 65 holes (13,900 metres) from drilling the Labine deposit at the Bell Creek mine. The holes are part of an overall program consisting of 31,230 metres being drilled at the Bell Creek Mine in 2014 to infill and expand resources and increase total reserves. The key focus of the program is on the area below the 775 level, which is the current lower limit for reserves, and the 1050 level. Total drilling at the Bell Creek Mine to the end of August 2014 is 92 holes (19,949 metres), with results from 16 holes ( 3,718 metres) being previously reported ( see press release dated March 26,2014).
-- Drilling between 775 and 925 levels identifies new zones of high-grade mineralization within untested gaps of the Labine Deposit North A and NA2 Zones; significant assays include 12.68 grams per tonne ("gpt") over 18.5 metres ("m"), 10.36 gpt over 10.5 m, 10.10 gpt over 7.6m, 5.11 gpt over 9.5m, and 6.04 gpt over 13.0m. -- Drilling below 925 level confirms high grade mineralization extending to depth with potential to add to existing reserves; significant assays include 9.98 gpt over 10.3m, 5.60 gpt over 16.9m, 9.79 gpt over 9.6m and 3.09 gpt over 23.3m, including 6.81 gpt over 7.4m. -- Drilling between 685 and 775 levels continues to confirm grade and width of zones in areas close to active mining; intercepts include 6.64 gpt over 13.2m, 10.18 gpt over 5.7m, 7.76 gpt over 6.0m, 6.05 gpt over 9.1m, 6.92 gpt over 6.7m, 6.83 gpt over 7.8m. -- Additional drilling to confirm and expand zones below 775 level ongoing with 3 drills. Work has commenced on pre-feasibility study to increase reserves and re-activate the BC shaft.