Lake Shore Gold Corp.

Lake Shore Gold Corp.

March 03, 2005 11:36 ET

Lake Shore Gold Corp.: Extension of Term of Warrants Approved


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: LAKE SHORE GOLD CORP.

TSX VENTURE SYMBOL: LSG

MARCH 3, 2005 - 11:36 ET

Lake Shore Gold Corp.: Extension of Term of Warrants
Approved

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 3, 2005) - Lake Shore
Gold Corp. (TSX VENTURE:LSG) announced today that the TSX Venture
Exchange has consented to a one-year extension in the expiry date of the
following Share Purchase Warrants:



-------------------------------------------------------------------
Current
Warrant No. Warrants Exercise Current Expiry New Expiry
Series Outstanding Price Date Date
-------------------------------------------------------------------
E 1,600,000 $1.75 March 16, 2005 March 16, 2006
-------------------------------------------------------------------


Lake Shore Gold is exploring for gold and base metals in the Archean
Superior Province of Ontario and Quebec. The Company has a strong
treasury and is debt free.

Statements in this release that are forward-looking statements are
subject to various risks and uncertainties concerning the specific
factors disclosed under the heading "Risk Factors" and elsewhere in the
Corporation's periodic filings with Canadian securities regulators. Such
information contained herein represents management's best judgment as of
the date hereof based on information currently available. The Company
does not assume the obligation to update any forward-looking statement.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Lake Shore Gold Corp.
    Daniel G. Innes
    Chairman
    (604) 669-3533
    (604) 688-5175 (FAX)
    or
    Lake Shore Gold Corp.
    Brian R. Booth
    President
    (705) 525-0992
    (705) 525-7701 (FAX)
    or
    Lake Shore Gold Corp.
    Michael J. Byron
    VP, Exploration
    (705) 525-0992
    (705) 525-7701 (FAX)
    info@lsgold.com
    www.lsgold.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.