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

good news

[thedave2006]

but gold price isnt helping....cheers, dave.

• 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.

 

TORONTO, ONTARIO--(Marketwired - Sep 25, 2014