Page 57 By Gregory Reynolds Lake Shore Gold Corp predic ts it will achieve annual production of 140000 ounces of gold once its expanded mill is fully operational Lake Shore is a gold mining company that is in production and pursuing rap id growth through the successful ex ploration development and operation of three wholly owned multimillion ounce gold complexes in the T immins Gold Camp The company is in commercial pro duction at both the T immins W est and Bell Creek mines with mater ial being delivered for processing to the Bell Creek Mill The company continues to have an active drilling program aimed at supporting current operations and evaluating highpriority exploration tar gets around the T immins Camp At the end of the second quarter of 2013 Lake Shore Gold was ap proaching a signifcant milestone completing a mill expansion to a de sign capacity exceeding 3000 tonnes per day Commissioning of the expan sion commenced in late July 2013 Following completion of the expan sion the company is tar geting Mining and milling rates that will support annual production levels of at least 140000 ounces of gold Cash operating costs averaging around US700 per ounce T otal AISC improvin g to ap proximately US1000 per ounce in the second half of 2013 Capital investment levels sig nifcantly lower than the 66 million invested during the frst half of 2013 fullyear tar get for 2013 remains at around 90 million and Net free cash fow to be generat ed during the fourth quarter at current gold prices approximately 1350 per ounce Based on the progress being achieved the company remains committed to achieving its previously stated guid ance for 2013 including production growth of at least 40 to a range of 120000 to 135000 ounces cash op erating costs in the range of US800 to US875 per ounce and capital in Contd on pg 58 New mill capacity seen as key to Lake Shor e upping pr oduction CC G R I N D S O L I D TH E N E X T G E N ER A T I ON O F G R I N D I NG W H E E L S b y P F ER D A n e w a l t e r n a t i v e t o c o n v e n t i o n a l b on d e d g r i n d i n g w he e l s C C G R I N D SO L I D o f f e r s e x t r e m e l y a g g r e s s i v e s t o c k r e m o v a l a n d a l a r g e s u r f a c e c o n t a c t a r e a G r i n d e f f o r t l e s s l y a n d c o m f or t a bl y L e a v e a b e t t e r s u r f a c e f n i s h O n c e y o u g e t s t a r t e d w i t h C C G R I N D SO L I D i t k e e p s g e t t i n g b e t t e r T w i c e a s a g g r e ss i v e a s g r i n d i n g w h e e l s E a s y c o n t r o l n o n g o u g i n g l o w g r i n d i n g a n g l e 5 0 l e ss n o i s e d u s t a n d v i b r a t i o n C o n t a c t y o u r PF E RD d i s t r i b u t o r t o d a y C C G R I N D S O L I D w i l l r e v o l u t i o n i z e y o u r g r i n d i n g a p p l i c a t i o n s I t w i l l i m p r o v e y o u r o p e r a t i n g e n v i r o n m e n t An d i t w i l l s a v e y o u t i m e a n d m o n e y CC G R I N D S O L I D R a n g e B l a c k f o r S T E E L B l u e f o r S t a i n l e ss I N O X 4 1 2 5 a n d 7 D i a m e t e r s 5 8 1 1 Q u i c k C h a n g e a v a i l a b l e p f er d u s a c o m v sol i d N E W Contd on pg 58