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Lake Shore Gold Significantly Increases Reserves at Gold River Trend
Feb. 22, 2012 09:59AM PST
Gold InvestingLake Shore Gold Corp. (TSX:LSG,AMEX:LSG) announced an update to the resource estimate on its Ontario-based Gold River Trend.
Lake Shore Gold Corp. (TSX:LSG,AMEX:LSG) announced an update to the resource estimate on its Ontario-based Gold River Trend.
As quoted in the market news:
With this new resource update for Gold River Trend, the Company’s total resource base on the west side of Timmins stands at 1,240,000 ounces Au (6,515,000 tonnes grading 5.92 gpt) in the Indicated category and 1,819,300 ounces Au (9,545,000 tonnes grading 5.93 gpt) in the Inferred category.
Lake Shore Gold’s President and CEO, Tony Makuch said:
With today’s announcement, we have now added to our portfolio a fifth deposit containing more than a million ounces of gold and the third within our land position on the west side of Timmins.
Click here for the Lake Shore Gold Corp. (TSX:LSG) press release.
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