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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > Re. Goldhappy exploration...
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Post by lorn on Apr 30, 2014 1:19pm

Re. Goldhappy exploration...

IMO. You are correct that exploration is very important to share price and of course future of Lakeshore. Don't know how familiar you and others here are with the property where Lakeshore West mine now sits but my hope is that some drill hole will be punched down in claim 4227 which is to the East and borders on claim 4039 where the ramp/adit is situated. If one were to draw 3 square boxes each representing approx. 45 to 50 acres and placed them side by side running East to West claim 4227 would be the most easterly and claim 4040 would be the most Westerly claim with claim 4039 in the middle. The headframe is located on claim 4040 about 300 yards west of claim 4039 boundry line claim 4227 is located on the Eastern boundry line of claim 4039 and this claim has only had 3 holes drilled on it by Holmer Gold mines about 3 years before Lakeshore took over. On claim 4039 there is a diabase dyke running almost the length of ..North/South....the claim, Claim 4227 has the same diabase dyke geology running through middle of claim....the ore body as far as I know is below claim 4039 and 4040, real close to 4227, I know there was some exploration work done many moons ago around 1916 to 1920 but have never heard of any results for this piece of property the 3 holes drilled by Holmer did show low grade gold. Anyway sure would be great to find some minable ore on this property...course I am being a tad selfish. And my Grandfather said this was the best of the 3 claims course all old prospectors claims were the best. :-)
Comment by burnettemarvin on Apr 30, 2014 1:29pm
This post has been removed in accordance with Community Policy
Comment by goldhappy on Apr 30, 2014 6:43pm
Hi Lorne...maybe someone from LSG exploration dept will pick up on your post and the knowledge you put forward. One thing for sure is it is hard to price in the value of the stock price for the unknown potential. Most brokers will be all over this company once LSG start showing more exploration success. The production is now funding the exploration. This is great. I can remember when Golden Knight ...more  
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