TSX:LSG.DB - Post by User
Post by
gcefan01on Apr 14, 2015 5:17pm
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Tony Makuch commented
Tony Makuch commentedJanuary 27, 2015
Tony Makuch, President and CEO of Lake Shore Gold, commented: "The results being announced today are very exciting as they significantly expand the size of the 144 Gap Zone and position the Zone much closer to Thunder Creek than previously identified. Everything we have seen to date supports our view that the 144 Gap has the potential to add considerable new resources and introduce an important new component to our production profile. With six drills working on surface, our exploration drift advancing towards completion during the third quarter, and underground drilling expected to commence by mid-year, we expect to generate significant information and news flow about the 144 Gap Zone in 2015. Our target remains to establish an initial resource at the 144 Gap Zone for the end of the year."
February 24, 2015
"Today's results confirm the presence of a significant area of thick, high-grade gold mineralization within the 144 Gap Zone. This high-grade core is open for continued expansion along strike, to the west and towards surface with additional drilling and has excellent potential for conversion to resources. The additional information provided from today's results further supports our view that the 144 Gap Zone is a very special area of mineralization and provides valuable information that is helping us to position our underground drill platform into the area. With six drills working on surface, our exploration drift advancing towards completion during the third quarter, and underground drilling expected to commence by mid-year, we are working towards establishing an initial resource at the 144 Gap Zone for the end of 2015."