Lake Shore Gold Corp. is a mineral exploration company that is rapidly moving towards production through a portfolio which includes an existing processing facility and a number of quality mineral properties located in the Timmins gold mining district of northern Ontario and Québec. Over the last year, Lake Shore Gold has completed a pre-feasibility study, identified a 1.2 million ounce ore reserve and commenced an advanced exploration program at its 100%-owned Timmins West project; acquired the Bell Creek mine and mill and advanced refurbishing work at the 1,500 tonne per day milling facility; and undertook drilling programs at a number of other prospective properties. Lake Shore Gold is a reporting issuer in British Columbia, Alberta, Manitoba, Ontario and Québec, and trades on the Toronto Stock Exchange under the symbol LSG.
Highlights
- Lake Shore Gold announces agreement for second private placement with Hochschild Mining plc priced at $2.40 per share
- Lake Shore Gold announces 2007 Year End Results and provides 2008 Outlook.
- Lake Shore intersects 8.57 grams gold per tonne over 9.00 metres at the Thunder Creek property in Ontario.
- Lake Shore Gold announces Annual Meeting and revised date for Special Meeting.
- Lake Shore Gold completes financing and enters into strategic alliance with Hochschild Mining plc.
- Lake Shore Gold announces private placement of $64.5 million at 30% premium and forms strategic alliance with Hochschild Mining.
- Anthony (Tony) Makuch appointed President and CEO effective March 1, 2008.