Second Gold Discovery at Site 144 Announced by Lake Shore Gold – Mining Life

Jun 30, 2015

Lake Shore Gold announced results for 25 new drill holes and two wedge holes at the 144 Exploration sited located immediately southwest of Timmins West Mine, Thunder Creek Deposit.

The main findings of the drilling program of 25 drilling holes and two wedge holes indicated that sizeable gold deposits have been found at the location known as the 144 Gap SW. Some of the grades revealed by the drilling results range from 3.15 gpt/11.4m, to 27.28 gpt/2.5m

Site144 is located off of Highway 144 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. Drilling at 144 to date has been largely focused on the 144 Gap area, where a new discovery was announced in October 2014. The discovery of the 144 Gap SW Zone, announced today, results from eight holes that were drilled to test targets to the southwest of the 144 Gap.

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