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Mining Companies: Aurizon Lake Shore Drill Results

July 23, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Aurizon Mines Ltd. (AMEX: AZK) (TSX: ARZ) said it is encouraged by results released by Lake Shore Gold Corp. (TSX: LSG) on July 22, 2010 from Lake Shore Gold's winter drill program on the East Block of Aurizon's 100% owned Casa Berardi property in north-western Quebec. In late 2007, Aurizon granted Lake Shore an option to earn up to a 50% interest in a portion of the extensive exploration property to the east and west of Aurizon's wholly-owned Casa Berardi mining operations by spending $5 million over five years.

Lake Shore Gold is the operator during the earn-in period.

Aurizon said it has not reviewed the data that forms the basis for the exploration results and has not verified the information contained in Lake Shore Gold's news release.

In the release, Lake Shore reported results from eight holes and 2,814 meters of diamond drilling completed between mid-February and late March 2010 at the Casa Berardi optioned property.

It said that all eight holes were completed on the East Block around 6 kilometers east of the Casa Berardi mining operations and along the east extension of the Casa Berardi fault zone and were designed to confirm and expand gold potential surrounding the recently defined G Zone.

Lake Shore said that while drilling remains at an early stage, results to date indicate that the G Zone has a minimum strike length of 600 m and depth potential of 300 m from surface.

Canada-based Lake Shore Gold is a mining company with a goal to become a North American mid-tier gold producer through the exploration, development and operation of three wholly owned mines in Timmins, Ontario. The company is investing in exploration primarily in Timmins and in other areas of Northern Ontario and Quebec, and owns a land position in Mexico.

Canada-based Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec.

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