Lake Shore Gold Corp. Announces Results from an Additional 20 Drill Holes and One Wedge Hole at its 144 Exploration Area
Jan 27 15
Lake Shore Gold Corp. announced results from an additional 20 drill holes and one wedge hole (23,598 metres) at the company's 144 Exploration Area ('144'). 144 is located immediately southwest of the Timmins West Mine Thunder Creek Deposit and covers about 4.0 kilometres of the same volcanic/ultramafic, intrusive/sedimentary contact (the 'TC-144 Trend') that hosts both Thunder Creek and Timmins Deposit. The current drill program, launched in August, is largely focused on the area immediately adjacent to Thunder Creek (the '144 Gap'), where a new discovery was announced in October 2014. Two holes (Hwy-14-63 and Hwy-14-70) were drilled to test the strike extension of the 144 Gap Zone approximately 200 m east of the previous east limit for the Zone and 500 m west of mine infrastructure at the Thunder Creek Deposit. Hwy-14-70 intersected the structure approximately 810 m below surface and close to the planned elevation for the new exploration drift. Among the results from this hole were 3.80 grams per tonne ("gpt") over 12.0 metres ('m'), including 7.26 gpt over 4.8 m, 6.66 gpt over 1.9 m and 3.68 gpt over 18.0 m, including 5.27 gpt over 9.0 m. Hwy-14-63 intercepted the structure approximately 150 m below Hwy-14-70 with results of 100 gpt over 0.4 m, 5.76 gpt over 4.1 m, 7.22 gpt over 3.0 m, 6.48 gpt over 2.0 m and 5.11 gpt over 3.0 m. Holes Hwy-14-58, 65, 65W1 were drilled below the 144 Gap Zone and extended mineralization by approximately 100 m to depth. Among key intercepts were 6.56 gpt over 12.0 m, including 12.17 gpt over 5.0 m, 5.27 gpt over 1.6 m, 5.58 gpt over 6.0 m and 5.73 gpt over 4.3 m in Hwy-14-65 and 6.07 gpt over 2.9 m, 10.29 gpt over 2.0 m, 6.01 gpt over 3.9 m, 19.65 gpt over 2.0 m, 7.6 gpt over 11.2 m and 10.24 gpt over 1.9 m in Hwy-14-65W1. Holes Hwy-14-57, 59, 72, 73, 74 and 75 were drilled in the east portion of 144 Gap Zone and expanded the limits by 50 m to the northeast. Key intercepts from these holes were 4.06 gpt over 15.0 m in Hwy-14-59, 4.71 gpt over 6.10m and 5.89 gpt over 6.70m in Hwy-14-72, 6.66 gpt over 9.4 m, 19.15 gpt over 2.2 m, including 102.5 gpt over 0.4 m in Hwy-14-73, 4.06 gpt over 10.9 m, 7.05 gpt over 5.2 m and 5.07 gpt over 3.0 m in Hwy-14-74 and 5.25 gpt over 6.6 m, 7.37 gpt over 2.5 m, and 157.04 gpt over 1.9, including 591 gpt over 0.5 m, in Hwy-14-75. Hwy-14-71 was drilled near the previous west limit of the 144 Gap Zone and intersected 3.19 gpt over 25.8 m, including 5.71 gpt over 6.9 m. The results of this new hole extend the limits of the 144 Gap Zone by 50 m to the west. The remaining eight holes were drilled mainly as widely spaced step outs to evaluate the extension of mineralization to depth with most encountering thick intervals of porphyry and local high-grade values which confirmed the extension of the mineralized system to depth. Recent interpretations continue to suggest that the mineralization at 144 Gap is contained within a broad zone of hydrothermal alteration and deformation measuring up to 100 m wide and closely associated with syenite intrusions, quartz veining, pyrite, scheelite and/or galena and multiple occurrences of visible gold. The new results identify the 144 Gap Zone over minimum dimensions of 350 metres along strike and 350 metres down dip with mineralization contained in a combination of wide bulk and narrow high-grade structures.
Lake Shore Gold Corp. Presents at TD Securities Mining Conference, Jan-27-2015 03:05 PM
Jan 20 15
Lake Shore Gold Corp. Presents at TD Securities Mining Conference, Jan-27-2015 03:05 PM. Venue: Shangri-La Hotel, Toronto, Ontario, Canada.
Lake Shore Gold Corp. Presents at Vancouver Resource Investment Conference, Jan-18-2015 01:50 PM
Jan 15 15
Lake Shore Gold Corp. Presents at Vancouver Resource Investment Conference, Jan-18-2015 01:50 PM. Venue: Vancouver Convention Center, 1055 Canada place, Vancouver, British Columbia, Canada.