Lake Shore Gold Confirms and Extends Mineralization at Timmins Deposit

Gold Investing

Lake Shore Gold Corp. (TSX:LSG) reported drill results from 48 holes at its Timmins West Mine. Results have confirmed and extended the S2 fold nose mineralization at the deposit.

Lake Shore Gold Corp. (TSX:LSG) reported drill results from 48 holes at its Timmins West Mine. Results have confirmed and extended the S2 fold nose mineralization at the deposit.

As quoted in the press release:

Significant intercepts from the North Limb and nose of the S2 Fold Nose include 12.32 grams per tonne (“gpt”) over 9.3 m, including 27.7 gpt over 3.3 m in 830-044, 5.57 gpt over 11.6 m in 750-045 and 11.72 gpt over 9.7 m, including 28.84 gpt over 1.6 m, in 790-056. These results were obtained in areas near the 890 Level along strike of existing resource blocks.

Significant intercepts from the South Limb near the 790 Level include 12.85 gpt over 5.4 m, including 23.50 gpt over 3.0 m, in 790-150, 3.79 over 8.3 m in 790-152, 23.73 gpt over 5.0 m, including 98.40 gpt over 1.0 m, in 790-153, 7.82 over 3.6 m in 790-156 and 4.08 gpt over 4.0 m in 790-158. Most of the holes were drilled on two cross sections east of existing resource blocks with the mineralized zones remaining open to the east.

Lake Shore president and CEO, Tony Makuch, said:

Today’s results from drilling in the S2 Fold Nose confirm the presence of elevated gold values and identify opportunities for extensions and new areas of gold mineralization. The S2 Fold Nose is a high potential exploration target with similar characteristics to the Deposit’s main fold nose structure. Intersecting high-grade mineralization in both the North and South limbs of the S2 Fold Nose is very encouraging, with additional drilling now planned for the purpose of proving continuity of the zones in both limbs.

Click here to read the Lake Shore Gold Corp. (TSX:LSG) press release

See this press release on Marketwire

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