Lake Shore Gold Corporation (LSG)

[NYBob]

Lake Shore Gold Reports Cash Operating Costs of US$630 Per Ounce for
First Quarter 2014, Better Than Full-Year 2014 Guidance



04/10/2014

http://www.lsgold.com/Investor-Centre/Press-Releases/Press-Release-Details/2014/Lake-Shore-Gold-Reports-Cash-Operating-Costs-of-US630-Per-Ounce-for-First-Quarter-2014-Better-Than-Full-Year-2014-Guidance/default.aspx
Download this Press Release (PDF 192 KB)
TORONTO, ONTARIO -- (Marketwired -- April 10, 2014) --

Lake Shore Gold Corp.
(TSX:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today
announced preliminary cash operating costs and all-in sustaining
costs ("AISC") for the first quarter of 2014. Final numbers for
these measures will be available on May 7, 2014 when the Company
releases its full first quarter 2014 financial results.

Preliminary cash operating cost(1) per ounce sold for the first
quarter of 2014 is approximately
US$630 (including US$33 per ounce for royalties),
better than the Company's guidance for full-year 2014 of
US$675 - US$775.
AISC(2) per ounce sold for the first quarter of 2014 is expected
to be approximately US$970 per ounce, in the low end of the
Company's target range for the year of between US$950 and US$1,050
per ounce.

Total cash production costs for the first quarter of 2014 are
estimated at approximately $30.0 million.

http://www.lsgold.com/Our-Company/Profile/default.aspx
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