Lake Shore Gold Corp. TSX: LSG

Lake Shore Gold Discovers New Gold Zone at Casa Berardi

TORONTO, ONTARIO--(Marketwire - Oct. 23, 2008) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or the "Company") today announced encouraging results from Phase 1 of its 2008 drill program at the Casa Berardi optioned property in north-western Quebec. The results of the program, which involved a total of 12 diamond drill holes, included the discovery of a new gold zone, with the best intercept being 13.03 grams per tonne gold over 6.45 metres within a broader intersection of 8.58 grams per tonne gold over 10.4 metres ("Hole CE-08-03"). Hole CE-08-03 is the deepest mineralized intersection at a vertical depth of 247 metres and is located approximately 90 metres below a historic intercept of 11.11 grams per tonne gold over 2.24 metres. The new intercept is open both at depth and laterally.