Sunday 23rd October 2016

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Lake Shore reports Ontario Gold Assays as high as 106.46 g/t over 7.1m

Lake Shore Gold Corp LSG:CA announced drill results from its Bell Creek and Wetmore Properties in Ontario. Assays include 106.46 g/t gold over 7.1 metres (including 2,870 g/t over 0.3 metres), 9.39 g/t over 5.7 metres, 4.24 g/t over 11.6 metres, 6.62 g/t over 7.5 metres and 123 g/t over 0.5 metres.

President/CEO Tony Makuch said, “The results are very positive as they provide solid evidence of local extreme high-grade gold mineralization and a substantial extension of the thick high-grade core zone recently identified at depth. The new results at Wetmore suggest the presence of significant gold in a new and parallel trend in close proximity and to the south of Bell Creek and Vogel which could contribute to an expanded mining and mill scenario.”

Lake Shore reported results of its Thunder Creek Property, Ontario, in an earlier release with assays of 12.11 g/t over 7.2 metres and 11.25 g/t over 7.6 metres.

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Tony Makuch

or Mark Utting
VP Investor Relations

by Ted Niles

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