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Re: IQ1 post# 255975

Wednesday, 08/13/2008 3:50:27 PM

Wednesday, August 13, 2008 3:50:27 PM

Post# of 358440
Prime Example? Shore Gold loses $2.8-million in Q2 2008

2008-08-13 09:59 ET - News Release

Mr. Kenneth MacNeill reports

SHORE GOLD INC. ANNOUNCES SECOND QUARTER RESULTS

Shore Gold Inc. has released results from Shore's operations for the quarter ended June 30, 2008, which will be filed today on SEDAR. A summary of key financial and operating results for the quarter are as follows.

Highlights:

Completion of the National Instrument 43-101, risk adjusted, mineral resource estimate for the explored portion of the Star kimberlite;

Commencement of drifting on the FALC-JV's Orion South underground bulk-sampling program;

Third set of diamond results from samples collected from the Orion South shaft released;

Expenditures of $9.6-million on the company's share of the Fort a la Corne joint venture (FALC-JV) exploration program and $1.4-million on the Star diamond project advanced exploration program;

Working capital of $40.8-million at June 30, 2008;
Issued and outstanding shares of 183,234,242 at June 30, 2008.






I am not bound to please thee with my answers. William Shakespeare, Greatest English dramatist & poet (1564 - 1616)

I am not bound to please thee with my answers. William Shakespeare, Greatest English dramatist & poet (1564 - 1616)

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