TORONTO, ONTARIO, Aug. 30, 2010 -- Lake Shore Gold Corp. (TSX: LSG) ("Lake Shore Gold" or the "Company") today announced results from an additional 38 holes (3,463.1 m) of its ongoing underground drilling program at the Company's 100%-owned Thunder Creek Project (the "Project").
Lake Shore Gold Corp. closed at $3.71 Friday, trading 772,673 shares.
Lake Shore Gold Expands Thunder Creek Rusk Zone, Announces Additional Wide, High-Grade Intercepts
About Lake Shore Gold Corp.
Lake Shore Gold is a rapidly growing mining company with a goal to become a North American mid-tier gold producer through the successful exploration, development and operation of three wholly owned mines in Timmins, Ontario: Timmins Mine, Thunder Creek and Bell Creek Complex. The Company is currently carrying out an underground advanced exploration program at the Timmins Mine project, where it has both a shaft and a ramp, and has accessed mineralization at the adjacent Thunder Creek property through an underground drift from the Timmins Mine ramp. Progress is also being made with an underground advanced exploration program at its Bell Creek Complex, located on the east side of Timmins. The Bell Creek Mill has been refurbished and is being expanded incrementally to a total capacity of 3,000 tonnes per day by late 2011. The Company continues to invest aggressively in exploration primarily in Timmins and in select other areas of Northern Ontario and Quebec, and owns a large land position in Mexico. The Company's common shares trade on the TSX under the symbol LSG.
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VANCOUVER, Aug. 30, 2010 -- Tyhee Development Corp. (TSX: TDC) (the "Company") is pleased to announce additional drill results from its wholly-owned Clan Lake Main Zone.
Tyhee Development Corp. closed at $0.11 Friday, trading 754,000 shares.
Tyhee Development Corp: Gold Zone Expansion Continues at Clan Lake on Yellowknife Gold Project
About Tyhee Development Corp.
Tyhee Development Corp. is a gold exploration and development company working in the historic Yellowknife Gold Camp, NWT, Canada. It is the largest property holder in this camp and has the largest exploration and development program underway in the region. Its principal asset, the Yellowknife Gold Project, includes the Nicholas Lake, Ormsby, Bruce, Goodwin Lake, and Clan Lake Gold Zones. All are located on mineral claims and mining leases 50 to 90 km north of Yellowknife, NWT and are expected to feed a single milling operation. (Note: only Nicholas Lake and Ormsby Zones are being included for permitting purposes).
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