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

RE:About mine life..as per actual probable reserves

[bossu]

bossu wrote: From last presentation :
Probable reserves December 31 2014 

                               ounces
Timmins West       509 700
Bell Creek             263 600

Production 2015 
Timmins West       140 000
Bell Creek               40 000

Probable reserves December 31 2015
                             ounces                         Production     Mine Life (years)
Timmins West    369 700               140 000           2.6
Bell Creek           223 600                40 000           5.5

Needed probable reserves to expand mine life to 10 years (based on actual production)
Timmins West        7.4 x 140 000   1 036 000 oz ( From Gap 144 and M&I)
Bell Creek              4.5 x   40 000      180 000 oz  From exploration and M&I)
I think it is about time to have Tony's game plan.

Note :Additional production will come from Gold River and Temex
Fenn Gibb in 5 years
=================================================================
To ncrease probable reserves from the measured & indicated they have at:
                                  Ounces
Timmins West          695 000
Bell Creek                687000
Gold River               117 000
Temex                          ?
           Total          1 499 000
Lots of work to be done but possible.
But the exploration success of the 144 GAP ZONE is the catalyst to move the share price higher or to be a possible take out candidate not forgeting Fenn Gib

Very interesting time to come in a short while..
Happy trading all.