03:57 PM EST - Lake Shore Gold Corp. : announced the completion of an initial resource estimate for the Company's wholly owned Bell Creek Mine property located in Timmins, Ontario. The reported resource contains 8,427,000 tonnes with an average grade of 4.40 grams per tonne Au ("gpt") for a total of 1,192,900 contained ounces in the inferred category and 1,790,000 tonnes at 4.36 gpt for 251,200 contained ounces in the measured and indicated categories. The base case resource was estimated assuming a long term gold price of $1,125 U.S. per ounce of gold and a cutoff grade of 2.20 gpt. Approximately 80% of the base case measured and indicated resources, and 50% of inferred resources, are contained in the North A Zone, which has an estimated average horizontal width of 6.9 metres. Lake Shore Gold Corp.
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