DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL Message Board

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Gold/Mining/Energy : DISCOVERY BOARD ~ PRECIOUS METALS ENERGY URANIUM OIL

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From: PaperPerson	10/30/2011 4:06:12 AM
	of 4690

Lake Shore Gold Corp. Discovers 200-Meter Expansion And Significant Mineralization At Fenn-Gib Friday, October 28, 2011 10:00 AM Toronto-based Lake Shore Gold Corp. (TSX: LSG - News)(AMEX: LSG - News) says that results confirm discovery of 200-meter expansion and significant mineralization at its wholly owned Fenn-Gib project. Drilling uncovered grade averages of 1.31 grams per ton gold over 414 meters and included 1.54 g/t gold over 264 meters and 2.40 g/t gold over 20 meters. Drilling also intersected significant silver assays, and the ratio was comparable to levels found at the Timmins Camp. Tony Makuch, president and chief executive officer of Lake Shore Gold, says that the company is “very encouraged by the results being announced today as part of our confirmation and infill/expansion drill program at Fenn-Gib.” He also feels that the results support the company’s view that “Fenn-Gib has the potential to host significant open pit and underground resources and we are very much looking forward to announcing our initial resource for the project before the end of 2011."

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