Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or the "Company") today announced the results of 39 additional holes (5,335 m) from drilling at the Company's Vogel property, including several wide, high-grade intersections near surface, as well as the filing of a NI 43-101 report supporting the initial resource estimate for Vogel, first disclosed in a press release dated May 2, 2011. The Vogel property is included within the Company's Bell Creek Complex, a large land position covering approximately 32 square kilometres east of Timmins, which also includes the Bell Creek property, Marlhill, Schumacher, Wetmore and other prospective properties. Vogel is located approximately 2 kilometres east of the Bell Creek Mine and Mill.

Tony Makuch, President and CEO of Lake Shore Gold, commented: "Today's results continue to confirm the strong potential of the Vogel property to host significant open pit and underground resources which could contribute meaningfully to future production at the Bell Creek Complex. An open-pit resource would provide additional ore feed for expanded mill throughput, allow more direct access and haulage of ore and provide ventilation for underground mining of zones extending to depth. We now have total resources at the Bell Creek Complex of 433,600 ounces in the measured and indicated categories and 1,361,700 ounces in the inferred category, all from drilling undertaken since 2008. We continue to drill aggressively at the Bell Creek Complex and, over the next year, expect to continue to increase total resources, upgrade existing inferred resources into the measured and indicated categories and complete an initial ore reserve."

Drilling in the latest program was focused on the west-central and east portions of the projected open pit resource and included several additional wide, high-grade intersections within 175 metres of surface to compliment previous drill results from this area (see press release dated August 3, 2010). Significant results from the west-central portion of the new mineral resource include: 3.48 gpt over 16.40m, including 13.84 gpt over 3.60m, in V-10-83, 3.15 gpt over 23.40m in V-10-72, 2.00 gpt over 24.80m and 2.30 gpt over 11.50m in V-10-54, 2.96 gpt over 17.00m and 1.42 gpt over 33.00m in V-10-58 and 8.50 gpt over 5.50m in V-10-61. Significant results from the east portion of the new resource include 1.10 gpt over 47.60m in V-10-55 and 6.28 gpt over 7.20m, including 50.90gpt over 0.70m in V-10-84.

Observations from drilling and modeling to date indicate that the bulk of the mineralization at the property occurs within an east-west trending corridor of strong hydrothermal alteration located along the north contact of the Vogel volcanic belt with ultramafic rocks and is controlled by a series of vertical and moderate to shallow south dipping veins and shear structures. Most of the wider and better grade intersections listed above are associated with irregular shaped lenses located within a 300 metre strike length of the alteration corridor where vertical and shallower dipping structures appear to merge. Overall plunge of the mineralized package appears to be at a moderate angle to the east.

NI 43-101 resources for the Vogel property are detailed in a NI 43-101 report filed by the Company today on SEDAR at www.sedar.com. As outlined in the report, and first disclosed in a press release dated May 2, 2011, the Vogel open-pit resource lies mainly above the 175 metre level and totals 2.2 million tonnes, grading 1.75 gpt (125,000 ounces) in the indicated category and 0.692 million tonnes, grading 1.43 gpt (31,700 ounces) in the inferred category. The underground resource consists of 767,000 tonnes grading 5.56 gpt (137,500 ounces), classified in the inferred category. The bulk of the underground resource is located under the east portion of the open pit and within 400 metres of surface. Drilling to the east and projected down plunge extension of the underground resource is limited but includes several widely spaced but significant values such as 8.97 gpt over 3.00m, 8.39 gpt over 1.60m and 4.00 gpt over 5.20m in previously reported Hole V-09-01A near the 700 metre elevation below surface (see press release July 7, 2009).

All estimation of resources for the new NI 43-101 report was conducted using inverse distance block modeling methodology with all high assays being capped during estimation to one ounce per tonne. Reporting of open pit resources was done from within a Whittle optimized pit shell.

A NI 43-101 report was filed for the Company's Marlhill property on May 18, 2011. Included in the report were indicated resources of 395,000 tonnes grading 4.52 gpt (57,400 ounces). As with the Vogel resource estimate, the initial resources for Marlhill were also first disclosed on May 2, 2011.

Drilling at Marlhill is continuing with one drill, while drilling at Vogel will resume shortly with one drill to test for extensions of mineralization along strike and to depth.

A NI 43-101 report was filed for the Company's Bell Creek Mine property on January 14, 2011. Included in the report were measured and indicated resources of 1,790,000 tonnes grading 4.36 gpt (251,200 ounces) and inferred resources of 8,427,000 tonnes grading 4.40 gpt (1,192,900 ounces). The initial resources for Bell Creek Mine were also first disclosed on December 1, 2010.