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Additional information

Additional	Information
Market:	TSX
Sector:	Gold Mining
Epic:	TSX-LSG
News:	Latest news
Web Site:	Lake Shore Gold Corp
Other Articles:	18-02-201018-01-201026-11-2009

Lake Shore Gold delivers more good news from Bell Creek Mine drilling

Lake Shore Gold (TSX: LSG) announced yet more encouraging results from 17 new holes and 5 wedge holes (10,435 m of drilling) which were testing for mineralization below the Bell Creek Mine, where the company is currently dewatering the shaft.

Highlights from drilling were aplenty, and included 8.99 grams per tonne (gpt) gold (Au) over 7 meters (m), 3.12 gpt Au over 24.3 m, including 6.11 gpt over 5.5 m, 14.63 gpt over 1.3 m and 7.1 gpt over 1 m in BC-09-53B.  BC-09-53B was drilled 95 meters below BC-09-53 where the company reported 12.67 gpt over 14.4 m.

“The results of BC-09-53B re-enforce the results of BC-09-53 and extend the Bell Creek mineralization to below 1,300 m down plunge,” Lake Shore Gold stated. Other drill results also extended the mineralization further to the west.

Additional positive development emanated from  drill hole BC-09-72 and BC-09-77 which both cut through gold mineralization between 475 and 575 meters below surface and in “close proximity” to the planned location of a new surface ramp. Lake Shore Gold rightfully noted that the possibility of mineralization in this area could add near term ore feed to the Bell Creek Mill, thereby enhancing the economics of the project

"Today's results are exciting as they show encouraging grades, widths and continuity and support our view that a large new gold system exists at Bell Creek which is open both along strike and to depth,” Tony Makuch, President and CEO of Lake Shore Gold, commented, “Drill holes filling large gaps in the vein structures above the 1,000 m level are showing mineralization to be continuous with attractive widths. As well, with significant intersections in BC-09-53B and S-09-07, we have extended the mineralization to depth reaching a total plunge length exceeding 1,300 m.

"The Company is currently carrying out an advanced underground exploration program on the property, and this work is progressing very well, including completion of the dewatering of the Bell Creek shaft and development of a new ramp from surface to intersect mineralization both in mine remnants and below the lowest mine level at 300 metres. Mineralization mined through this program will be processed at the Bell Creek Mill, located directly beside the headframe, beginning in 2010. Diamond drilling on the property is focused on extending the mineralization to the west of holes BC-09-71A and BC-09-53B as well as testing the down plunge extension of the mineralization below BC-09-53B and S-09-07. Based on results to date, an engineering study for deepening the Bell Creek shaft to a depth of 1,200 to 1,500 metres is being carried out."

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