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

RE: Gloria-Is this appointment a big deal?

[lorn]

There are connections to INCO through Aurora Platinum for what it's worth. Vancouver, BC - Lake Shore Gold Corp. (LSG-TSXV) is pleased to provide an update of results from the 2002 exploration program and the planned program for 2003 on the Company's gold properties located in northern Ontario. Between last June and September, nine Archaean Greenstone belts and over thirty mineral occurrences were mapped and sampled. Targets were selected based on proprietary airborne magnetics, electromagnetics and drillhole data generated by Inco Limited between 1970 and 1974. The data and the gold properties were assigned to Lake Shore, a subsidiary of Aurora Platinum Corp., and are subject to a Joint Venture between Inco and Aurora Platinum Corp. (see News Release dated December 17, 2002). https://www.lsgold.com/s/NewsReleases.asp?ReportID=47319 In 2001, Aurora Platinum Corp. formed an option/joint venture (the AEM Project) with Inco Ltd., in the northwestern Shield to explore for nickel-copper-PGM deposits. https://www.lsgold.com/s/NWOntario.asp