Drill Program Commences On Gold River Trend

 

TORONTO, ON - Lake Shore Gold Corp. reported the launch of the 2010 drill program on the Company's third prospective target on its 130 square kilometre Timmins West Gold Mine Complex. The Company is mobilizing three drills to the Thorne Property to test the Gold River Trend, an east-west trending mineralized deformation and alteration zone, traced for over 2.5 kilometres, located on the south side of the Timmins West sedimentary basin. The Gold River Trend is interpreted as a branch fault from the Destor Porcupine Fault with broad similarities to the Dome Fault, a major ore control of the historic Dome Mine.

The Gold River Trend varies from 50 to 200 metres in width and is dominated by strongly sheared and hydrothermally altered sedimentary and volcanic rocks which have been intruded by lenses of porphyry. Work to date indicates that at least 15 different zones of gold mineralization exist with potential for being defined as narrow high grade or wide bulk resources. In most cases the mineralization is closely associated with pyrite-arsenopyrite-ankerite-quartz veins.

Past drilling on the Gold River Trend has largely been focused on shallow targets, above 300 metres, leaving open the possibility for outlining both near surface and underground resources extending to depth. Limited previous drilling of deeper targets has highlighted the potential for depth extension, with Hole GW-09-54 intersecting 1.03 gpt over 118.20 metres, including 8.64 gpt over 1.00 metre, 7.98 gpt over 1.00 metre and 5.72 gpt over 5.00 metres at a downhole depth of 638 metres.

Tony Makuch, President and CEO of Lake Shore Gold, commented: "We are very enthused about the potential of the Timmins West area and the Gold River Trend, and believe that a large syncline underlies the area, similar in nature to the Porcupine Syncline, which hosts the historic Timmins mines, including the Hollinger, McIntyre and Dome. The Gold River Trend has many similarities to the Dome Fault (a major ore control of the Dome Mine deposit) and the fact that historic work has outlined extensive near surface alteration and gold mineralization over a 2.5 kilometre distance, which can be expanded, demonstrates the highly prospective nature of this area.

"We plan to explore extensively at the Thorne Property, as well as at the 144 Zone, which is located south-west of Thunder Creek. We have also entered into a binding agreement to acquire five additional claims along the Gold River Trend, which emphasizes our commitment to this area as the next target of growth for Lake Shore Gold."

 The company’s address is  81 University Ave., Suite 2000 Toronto, ON, M5H 3M7, 416.703.6298, fax 416.703.7764, email: [email protected].