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January 10, 2013
18:01 EDTLSGLake Shore Gold reaches FY12 production goal, sees FY13 production up
Lake Shore Gold released operating results for FY12 and Q4 and announced production and cost guidance for 2013. Gold production in 2012 of 85,782 ounces, or 719,298 tonnes at 3.9 grams per tonne, with gold poured from 2012 production of 85,184 ounces, in line with company guidance. Gold production in Q4 totaling 23,738 ounces, or 181,575 tonnes at 4.2 grams per tonne, with gold poured of 24,041 ounces. Key 2012 mine development and expansion objectives achieved with mining and milling capacity increased 25% to 2,500 tonnes per day; on track to reach 3,000 tonnes per day during Q2. Targets for 2013 include strong production growth to between 120,000 and 135,000 ounces of gold, cash costs between $800 and $875 per ounce, including royalties, project spending of approximately $80M and exploration spending of $10M, largely related to in-mine drilling. Cash and bullion inventory at December 31 of approximately $61M.
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October 9, 2014
06:16 EDTLSGLake Shore Gold reports preliminary Q3 costs
Lake Shore Gold reports Q3 preliminary cash operating cost per ounce sold approximately $595 - including $29 per ounce for royalties -, an improvement of 15% vs. $701 per ounce in 3Q13. Reports Q3 all-in sustaining cost per ounce sold estimated at $862 per ounce, an improvement of 16% vs. $1,027 in 2Q13. Estimates total production costs at approximately C$30M.
October 7, 2014
05:39 EDTLSGLake Shore Gold intersects wide, high-grade gold mineralization at 144 Property
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