Nov. 16 (Bloomberg) -- Lake Shore Gold Corp., a Canadian mining exploration company, jumped 11 percent after saying it found a “high-grade” gold resource following drilling at its Thunder Creek project.
The resource contains 521,600 ounces of indicated resources at an average grade of 5.64 grams per ton, the Toronto-based company said today in a statement.
Lake Shore rose to C$1.80 at 1:54 p.m. in Toronto.
--Editors: Charles Siler, Steven Frank
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