Lake Shore Gold Corp TSX:LSG announced drill results from the 730 Level of its Thunder Creek Project in Ontario. Assays include 3.11 g/t gold over 95.7 metres, 2.96 g/t over 113.5 metres, 4.69 g/t over 57 metres, 11.53 g/t over 147.3 metres (including 75.14 g/t over 18.6 metres and 284.19 g/t over 4.6 metres), 5.92 g/t over 9.9 metres and 4.67 g/t over 6.4 metres.
President/CEO Tony Makuch remarked, “Today’s results are very exciting as they provide confirmation that we are dealing with a very special gold deposit at Thunder Creek which is already meeting and exceeding our original expectations in terms of size and grades. With today’s drill holes we have now recorded very wide intersections with high-grade sections from multiple directions. Given the location of some of the intercepts they also demonstrate the potential to expand the zones, which supports our belief that what we may have is one very large mineralized system that runs along the Timmins Mine, Thunder Creek and 144 trend. We are continuing our aggressive drill program at Thunder Creek with five drills currently active in support of our efforts to establish an initial NI 43-101 resource later this year. In addition, we are also developing two hanging wall drifts and will use these drifts to drill for extensions between the 300 and 730 levels and to a depth of 1,500 metres. The potential to extend the mineralization to depth is excellent as both the Rusk and Porphyry zones remain open and the size of the porphyry stock increases the deeper it goes.”
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by Ted Niles