Lake Shore Gold is a Canadian gold mining company with two producing mines and a central mill in Timmins, Ontario. In the first half of 2015, Lake Shore Gold produced 95,600 ounces of gold at a cash cost of US$551 per ounce and all-in sustaining costs of US$810 per ounce. Lake Shore Gold has a large land position in the prolific Timmins gold camp and is focusing exploration efforts on expanding reserves and resources at its Timmins West and Bell Creek mines.

1. TSX, NYSE MKT: LSG
Lake Shore Gold
TSX: LSG
NYSE MKT: LSG
1
L AKE SHORE GOL D CORP.
Marketing Presentation
July 2015

2. Information included in this presentation relating to the Company's expected production levels, production growth, costs, cash flows, economic returns, exploration
activities, potential for increasing resources, project expenditures and business plans are "forward-looking statements" or "forward-looking information" within the meaning
of certain securities laws, including under the provisions of Canadian provincial securities laws and under the United States Private Securities Litigation Reform Act of
1995 and are referred to herein as "forward-looking statements." The Company does not intend, and does not assume any obligation, to update these forward-looking
statements. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable,
including that operating and capital plans will not be disrupted by issues such as mechanical failure, unavailability of parts, labour disturbances, interruption in
transportation or utilities, or adverse weather conditions, that there are no material unanticipated variations in budgeted costs, that contractors will complete projects
according to schedule, and that actual mineralization on properties will be consistent with models and will not be less than identified mineral reserves. The Company
makes no representation that reasonable business people in possession of the same information would reach the same conclusions. Forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or implied by the forward-looking statements. In particular, delays in development or mining and
fluctuations in the price of gold or in currency markets could prevent the Company from achieving its targets. Readers should not place undue reliance on forward-looking
statements. More information about risks and uncertainties affecting the Company and its business is available in the Company's most recent Annual Information Form
and other regulatory filings with the Canadian Securities Administrators, which are posted on sedar at www.sedar.com, or the Company’s most recent Annual Report on
Form 40-F and other regulatory filings with the Securities and Exchange Commission.
QUALITY CONTROL
Lake Shore Gold has a quality control program to ensure best practices in the sampling and analysis of drill core. A total of three Quality Control samples consisting of 1
blank, 1 certified standard and 1 reject duplicate are inserted into groups of 20 drill core samples. The blanks and the certified standards are checked to be within
acceptable limits prior to being accepted into the GEMS SQL database. Routine assays have been completed using a standard fire assay with a 30-gram aliquot. For
samples that return a value greater than three grams per tonne gold on exploration projects and greater than 10 gpt at the Timmins mine and Thunder Creek underground
project, the remaining pulp is taken and fire assayed with a gravimetric finish. Select zones with visible gold are typically tested by pulp metallic analysis on some projects.
NQ size drill core is saw cut and half the drill core is sampled in standard intervals. The remaining half of the core is stored in a secure location. The drill core is
transported in security-sealed bags for preparation at ALS Chemex Prep Lab located in Timmins, Ontario, and the pulps shipped to ALS Chemex Assay Laboratory in
Vancouver, B.C. ALS Chemex is an ISO 9001-2000 registered laboratory preparing for ISO 17025 certification.
QUALIFIED PERSON
Scientific and technical information related to mine production and reserves contained in this presentation has been reviewed and approved by Natasha Vaz, P.Eng., Vice-
President, Technical Services, who is an employee of Lake Shore Gold Corp., and a “qualified person” as defined by National Instrument 43-101 – Standards of
Disclosure for Mineral Projects (“NI 43-101”).
Scientific and technical information related to resources, drilling and all matters involving mine production geology, as well as exploration drilling, contained in this
presentation, or source material for this presentation, was reviewed and approved by Eric Kallio, P.Geo., Senior Vice-President, Exploration. Mr. Kallio is an employee of
Lake Shore Gold Corp., and is a “qualified person” as defined by NI 43-101.
Forward-Looking Statements

3.  Two producing mines and a central mill in
Timmins, Ontario, Canada
• Timmins West Mine
• Bell Creek Mine & Mill
 Large land position in right geology
 Strong organic growth
• Large resource base, exploration upside
LSG: Low-Cost Canadian Gold Producer
Timmins, Ontario
 Over 70M ozs Au of
mined resources to date
 Favourable geology
 Supportive government
 Part of Abitibi
Greenstone Belt
Timmins
Canada

4. 40.0
50.0
60.0
70.0
80.0
90.0
100.0
110.0
120.0
Lake Shore Gold Gold Miners ETF (GDX)
Junior Gold Miners ETF (GDXJ) Spot Gold
LSG: Current Capital Structure
Lake Shore Gold (TSX, NYSE MKT: LSG)
Shares O/S (Basic) 436,400,000
Price (July16/15) $1.21
Market Cap. $528,044,000
52 Week High/Low $1.40/$0.70
3M av. Daily Volume 2,600,000
Largest Shareholder Van Eck (GDXJ) – 7%
Analyst Coverage
Scotiabank
CIBC World Markets
Haywood Securities
TD Securities
RBC World Markets
National Bank Fin.
BMO Capital Markets
PI Financial
M Partners
Mackie Research
 $82M in cash & bullion (July 8/15)
 $103.5 million convertible debenture
• 6.25% coupon, due Sept. 2017
• Convertible at $1.40/share
• TSX: LSG.DB – $109.00 at July 16/15
102
53
98
62
%

5. Low-Cost Production
 First Half 2015 production: 95,600 oz
• Full-year 2015 guidance raised to >180,000 oz
 H1/15(1) cash cost(2)(3): US$551/oz, AISC:(2)(3)(4) US$810/oz
• 2015 guidance improved to <US$650/oz and <US$950/oz, respectively
(1) Refers to first half of 2015
(2) Non-GAAP measure, see Slide 22 for more information
(3) Preliminary estimates
(4) Refers to all-in sustaining costs

6. Cash and Cash Flow
50-Tonne Truck at
Timmins West Mine
 Cash(1) increased @ $20.0M YTD in 2015 – currently $82M
 Business generated $52M of cash in 2014
• Cash increased $27M ($45M of debt repayments, $20M of financings)
 Operating cash flows(2) in 2014: $111.3M, $35.9M in Q1/15
(1) Refers to cash and bullion
(2) Refers to cash flows from continuing operating activities

7. Growth
 29% increase in ore reserves announced in March 2015
 144 Project – Two gold discoveries in eight months
• 2015 exploration program: 180,000 m drilling, 1,200 m exploration drift
 Bell Creek – Large resource base
• New U/G exploration program: 32,500 m drilling, 800 m development

8. Probable Reserves(1) Tonnes Au Grade (g/t) Contained Ounces
Timmins West Mine 3,691,000 4.3 509,700
Bell Creek Mine 1,792,000 4.6 263,600
Total 5,483,000 4.4 773,300
Measured & Indicated(2) Tonnes Au Grade (g/t) Contained Ounces
Timmins West Mine 4,539,000 4.8 695,000
Gold River 690,000 5.3 117,000
Bell Creek Mine 4,904,000 4.4 687,000
Vogel 1,860,000 1.64(3) 98,000
Marlhill 395,000 4.5 57,000
Fenn Gib 40,800,000 0.99(3) 1,300,000
Total 2,954,000
Inferred Tonnes Au Grade (g/t) Contained Ounces
Timmins West Mine 1,631,000 5.0 260,000
Gold River 5,273,000 6.1 1,028,000
Bell Creek Mine 4,399,000 4.8 685,000
Vogel 900,000 4.15 120,000
Fenn-Gib 24,500,000 0.95(3) 750,000
Total 2,843,000
(1) Reserves as at December 31,2014 and calculated using average price of US$1,100/oz (2) Resources are inclusive of reserves (3) Open-pit resources. See press release dated March 12, 2015
for details of assumptions and estimates used in reserve and resource calculations for Timmins West Mine and Bell Creek Mine. See www.lsgold.com for estimates and assumptions relating to
resources at other properties
Reserves & Resources

9. Dome
Hollinger
McIntyre
Hoyle
Pond Porcupine
Destor
FaultPamour
City of Timmins
Timmins West Complex
- Timmins West Mine
- 144 Exploration Area
- Gold River Project
Favourable Land Positionsin TimminsGold Camp
Bell Creek Complex
- Bell Creek Mine & Mill
- Vogel, Marlhill, Wetmore
Fenn-Gib
Three Multi-Million Ounce Gold Complexes

10. Timmins West Complex
Potential for Multiple Gold Deposits
Timmins West Mine
144 Gap Zone Discovery
(Within 500 m of Thunder Creek)
Near-Term Exploration
Targets
Gold River Trend
TC–144 Trend
Gold River Project
M&I: 690k tonnes @ 5.3 gpt (117k oz)
Inferred: 5.3M tonnes at 6.1 gpt (1.0M oz)
Timmins
Deposit
Thunder
Creek
144
North
144
South
144 Gap SW Zone Discovery
(Within 200 m of 144 Gap Zone)
144 Gap

11. Timmins West Mine
A New Mine in a Proven Gold Camp
 H1/15 production
• 75,000 oz
• 482,900 tonnes at grade of 5.0 gpt
 Reserves updated (Dec. 31/14)(1)
• 509,700 oz (3.7M tonnes at 4.3 gpt)
• Replaced reserves mined in 2014
(1) See press release dated March 12, 2015 for more information about reserves and resources
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
2012 2013 2014
64,000
110,000
142,200
(Ounces)
Production
Timmins DepositThunder Creek
270 Access Level
730 Access Level
260 Level
525 Level
650 Level

12. 144 Gap
Two Discoveries in Eight Months – Potential for More
Timmins DepositThunder Creek144 GAP Zone
Shaft
Planned drift
Existing infrastructure
144 GAP SW Zone
400m200m125m
Current progress – Drift

13. 144 Gap Zone
400M Along Strike, 400M Vertically with Large High-Grade Core
HWY-15-88
9.24gpt/3.7m
3.39gpt/15.9m
HWY-15-83
5.00gpt/4.4m
8.83gpt/6.1m
HWY-15-89
5.40gpt/12.9m
3.36gpt/5.5m
4.02gpt/5.6m
HWY-15-48W2
5.74gpt/55.0m
Incl. 11.79gpt/21.1m
HWY-15-106
8.81gpt/8.20m
15.95gpt/4.9m
5.09gpt/17.5m
HWY-15-87W1
7.94gpt/8.6m
4.70gpt/6.6m
3.14gpt/45.3m
HWY-15-87
3.63gpt/14.5m
30.91gpt/2.3m
7.74gpt/4.0m
3.11gpt/31/0m
Incl. 6.23gpt/11.2m
HWY-15-52W2
3.28gpt/44.0m
8.14gpt/15.1m
Incl. 20.08gpt/3.6m
HWY-14-48
5.37gpt/46.00m
4.06gpt/5.10m
5.76gpt/1.20m
THUNDER
CREEK
DEPOSIT
400m
Planned Exploration Drift
Existing Infrastructure
Current progress – Drift

14. 400m200m125m
Thunder Creek144 GAP144 GAP SW
HWY-15-116
3.30/40.8m
Incl. 6.12/9.5m
Incl. 4.16/6.8m
Incl. 5.18/2.90m
HWY-15-125
3.22/14.7m
HWY-15-123
3.73/10.2m
HWY-15-126
6.24/3/3.3m
6.40/1.20m
HWY-15-127
6.02/1.5m
13.87/16.5
3.15/11.4m
HWY-14-48
5.37gpt/46.00m
4.06gpt/5.10m
5.76gpt/1.20m
HWY-15-78W1
6.75/2.50m
2.78/17.1m
HWY-15-58W1
5.43/4.5m
5.06/3.2m
HWY-15-134
5.92/7.0m
10.14/2.10m
3.37/3.5m
3.74/12.6m
4.12/3.50mHWY-15-128
3.29/6.0m
5.38/6.5m
144 Gap SW Zone
Second Zone Discovered 200M from 144 Gap Zone

15.  $25.0M exploration
program in 2015
• 140,000 m surface drilling
• 40,000 U/G drilling
• Exploration drift into 144
Gap Zone (725 m of
1,200 m completed)
• New surface geophysical
program SW of 144 Gap
& western ext. Gold River
Key Objectives
 First resource 144 Gap
Zone early in ‘16
 Evaluate potential for
multiple gold deposits
along 144 Trend
144 Gap
Targeting First Resource at 144 Gap Zone for Year-End 2015 (Released in Q1/16)

16. 600 L
750 L
1,050 L
1,200 L
Bell Creek Mine
Marlhill
Vogel
Hoyle Pond
Mine
Wetmore
900 L
Open
Bell Creek Complex
Whitney
Project

17. Bell Creek Mine
 H1/15
• 20,900 oz (10,600 oz in Q2/15)
• 144,100 tonnes processed at 4.6 gpt
 More than doubled reserves in ‘14 update(1)
• 263,600 oz (1.8M tonnes at 4.6 gpt)
Bell Creek Mine Shaft
Deep
Zone
Potential
shaft
extension
0
10,000
20,000
30,000
40,000
50,000
2012 2013 2014
22,500
27,500
43,400
(Ounces)
Production
(1) See press release dated March 12, 2015 for more information about reserves and resources

18. Reserves
P&P(1): 1,792,000 tonnes @ 4.6 gpt 263,600 oz
Resources
M&I(2): 4,904,000 @ 4.29 gpt 687,000oz
Inferred: 4,399,000 @ 4.84 gpt 685,000ozs
Area 2014 Drilling
Bell Creek Mine
(1) Proven & probable
(2) Measured and Indicated resources inclusive of reserves
850 Level
1165 Level
1700 Level
Area of 2015 Production
LSG Mined Areas
Historic Production

19. Bell Creek Mine
2015 MR/MR(1) Conversion Plan
775 L
925 L
1050 L
1250 L
Phase 2
Phase 3
Phase 1
(1) Mining Resource/Mining Reserve
Measured
Indicated
Inferred

20. LSG: Low-Cost Production, Cash Flow, Growth
Low-Cost Production(1)
• Production of >180,000 oz
• Low costs in 2015
• Cash operating costs <US$650/oz
• All-in sustaining costs <US$950 /oz
Cash & Cash Flow
• Generating free cash flow
• Cash increased @ $20M YTD in 2015
• Senior, secured debt repaid
• Investing/spending aggressively to support growth
Growth(1)
• Large resource base supports long-term mining
• Replace reserves mined
• Explore new 144 discoveries, other targets
• First resource at 144 Gap in early 2016
(1) Contains Forward-looking Information

21. 21
APPENDIX

22. Cash Operating Costs per Ounce
Cash operating cost per ounce is a Non-GAAP measure. In the gold mining industry, cash operating cost per ounce is a common
performance measure but does not have any standardized meaning. Cash operating costs per ounce are based on ounces sold
and are derived from amounts included in the Consolidated Statements of Comprehensive Loss (Income) and include mine site
operating costs such as mining, processing and administration, but exclude depreciation, depletion and share-based payment
expenses and reclamation costs. The Company discloses cash cost per ounce as it believes this measure provides valuable
assistance to investors and analysts in evaluating the Company’s performance and ability to generate cash flow. This measure
should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP such as total production
costs. A reconciliation of cash operating costs and cash operating cost per ounce to total production costs for the years ended
December 31, 2014 and 2013 is set out on page 19 of the Company’s 2014 and fourth quarter of 2014 Management Discussion
& Analysis (“MD&A”). A reconciliation of cash operating costs and cash operating cost per ounce to total production costs for the
three months ended March 31, 2015 is set out on page 16 of the Company’s first quarter 2015 MD&A.
All-In Sustaining Costs per Ounce
Effective the second quarter 2013, the Company has adopted a total all-in sustaining cost (“AISC”) performance measure. AISC
is a Non-GAAP measure. The measure is intended to assist readers in evaluating the total costs of producing gold from current
operations. While there is no standardized meaning across the industry for this measure, the Company’s definition conforms to
the AISC definition as set out by the World Gold Council in its guidance note dated June 27, 2013. The Company defines all-in
sustaining cost as the sum of cash costs from mine operations, sustaining capital (capital required to maintain current operations
at existing levels), corporate general and administrative expenses, in-mine exploration expenses and reclamation cost accretion
related to current operations. All-in sustaining cost excludes growth capital, reclamation cost accretion not related to current
operations and interest and other financing costs. A reconciliation of all-in sustaining costs and all-in sustaining cost per ounce to
total production costs for the years ended December 31, 2014 and 2013 is set out on page 20 of the Company’s 2014 and fourth
quarter 2014 MD&A. A reconciliation of cash operating costs and cash operating cost per ounce to total production costs for the
three months ended March 31, 2015 is set out on page 17 of the Company’s first quarter 2015 MD&A.
Non-GAAP Measures(1)
(1) The Company’s MDA”s for the full year and fourth quarter of 2014 and first quarter of 2015 are posted at www.sedar.com and on the Company’s website at www.lsgold.com.

23. Holloway
St. Andrew
Holt
St. Andrew
Hislop
St. Andrew
Hoyle Pond
Goldcorp
Pamour
Goldcorp
Kirkland Lake Gold Mine
Kirkland Lake Gold
Canadian
Malartic
Osisko
Goldex
Agnico-Eagle
Lac-Herbin
Alexis
Lapa
Agnico-Eagle
Bousquet-LaRonde
Agnico-Eagle
Doyon, Westwood
IAMGOLD
Kirkland Lake
47 Moz
Rouyn-
Noranda
19 Moz
Cadillac
18 Moz
Malartic
9 Moz
Val d’Or
18 Moz
Larder Lake-Cadillac
Fault Zone
Destor-Porcupine
Fault Zone
Ontario Quebec
Upper Beaver
Osisko
McGarry
Armistice
Dome Mine
Goldcorp
City of Timmins
71 Moz
Matheson
Black Fox
Brigus
South Claims
Kirkland Lake Gold
Taylor
St. Andrew
Young-Davidson
AuRico
ON
QC
Timmins
Other Mines
Town
Goldcorp Porcupine Assets
Lake Shore Gold Assets
20km
Aquarius
St. Andrew
23
Location Map
Timmins West
Complex
Paymaster
Goldcorp

24. 2012 2013 2014 2015
85,700
134,600
160,000
180,000 >180,000
185,600 (Actual)
Production Ramp Up Complete
 Record production of 185,600 in 2014
• 38% growth from 2013
• Beat guidance of 160,000 to 180,000 oz
 Three consecutive years of meeting or beating guidance
38%
Guidance
Guidance
(1) Contains Forward-looking Information
57%

25. 0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2012 2013 2014 2015
1,813
1,139
872
<950950
1,050
All-In Sustaining Costs(1)(2)
(US$/oz)
0
100
200
300
400
500
600
700
800
900
1,000
2012 2013 2014 2015
966
766
592
<650
Total Cash Costs(1)(2)
(US$/oz)
Low Unit Costs
(1) Contains Forward-looking Information
(2) Example of Non-GAAP Measure
Guidance
Guidance
Guidance Guidance  2014 AISC 8% better than target
range, 23% improvement from
2013
 Total cash costs in 2014 12%
better than target range, 22%
improvement from 2013
775
675

26. 0
10
20
30
40
50
60
70
80
90
Q3/13 Q4/13 Q1/14 Q2/14 Q3/14 Q4/14 Q1/15 July 8/15
15
34
39
53
67
62
77 82
Change in Cash & Bullion
($ Millions)
Strong Growth in Cash Position
Cash & Bullion of Approx. $82 million at July 8/15
$67M Growth Since Completing Mill Expansion
 Reduction in Q4/14 reflected early repayment of standby line

27. Senior Secured Debt Fully Repaid
 Repaid $52.0 million of debt since beginning of 2014
• $30 million related to standby line (fully repaid as of Dec. 31/14)
• $22 million to gold-linked note (fully repaid as of May 6, 2015)
0
10
20
30
40
50
60
70
61
52
49
35
31
7
3 0
Senior Secured Debt
($ Millions)
Senior Secured Debt Fully Repaid as of May 29, 2015

28. 2014 Financial Highlights
$ Millions unless otherwise stated 2014 2013 % Change
Ounces sold 183,300 135,600 35
Average price (US$/oz) 1,269 1,377 (8)
Average price ($/oz) 1,398 1,422 (2)
Revenues 256.1 192.6 33
Production costs 120.3 107.5 12
Earnings from mine operations 64.1 (200.0) N/A
Net earnings (loss) 23.6 (233.5) N/A
Cash flows from operating activities 111.3 70.6 58

29. Q1/15 Financial Highlights
$ Millions unless otherwise stated Q1/15 Q1/14 % Change
Ounces sold 52,600 43,000 22
Average price (US$/oz) 1,219 1,294 (5)
Average price ($/oz) 1,504 1,430 5
Revenues 79.1 61.5 29
Production costs 33.4 26.7 25
Earnings from mine operations 23.3 14.3 63
Net earnings (loss) 12.1 4.6 63
Cash flows from operating activities 35.9 24.9 44

30. Equity $ Millions
Share capital 1,034
Equity portion of convertible debentures 15
Reserves 32
Deficit (597)
Total Equity 484
Balance Sheet – March 31, 2015
Assets $ Millions
Cash and cash equivalents 71
Other current assets 30
Total current assets 101
Non-current assets 527
Total Assets 628
Liabilities $ Millions
Accounts payable & accrued liabilities 28
Current portion of long-term debt (incl. lease obligations) 9
Other current liabilities 3
Total current liabilities 40
Long-term debt 89
Other non-current liabilities 15
Total non-current liabilities 104
Total Liabilities 144

31. Timmins Deposit Long Section
 Mining Methods:
• Sill development
• Longitudinal longhole stoping
 Dip: 50 – 85 degrees
 Strike length: 14 – 48 m
 Width: 5 – 20 m
 Mining primarily in UM (5, 6, 7)
and FW zones
 Mining horizons: 770L – 930L
for longhole and sill
development
 Mining recovery estimates: 95%
Timmins West Mine – Timmins Deposit
750 Level
770 Level
790 Level
810 Level
830 Level
850 Level
870 Level
890 Level
910 Level
930 Level
950 Level
970 Level
990 Level
1010 Level Q1/15
Q2 – Q4/15
Post 2015
Pre 2015

32. Highlightsof Production Plan - TC
 Mining Methods:
• Sill Development
• Transverse Longhole stoping in
Porphyry
• Longitudinal Longhole stoping in Rusk
 Dip: 60 – 70
 Strike length: 10 to 35 m in Porphyry
Zone, 15 – 30 m in Rusk
 Width: 10 – 15 m in Porphyry, 5 – 22 m
in Rusk
 Mining horizons: 555L – 695L for
longhole and 485L to 785L for sill
development
 Mining recovery estimates: 95%
Thunder Creek Long Section
Timmins West Mine – Thunder Creek
415 Level
450 Level
485 Level
520 Level
555 Level
590 Level
625 Level
660 Level
695 Level
730 Level
765 Level
785 Level
820 Level

33. Highlightsof Production Plan - BC
 Mining Methods:
• Sill development
• Longhole stoping
 Dip: 72 degrees
 Strike length: Avg. 20 m
 Width: Avg. 3 m
 Mining primarily the NA, NA2,
NA4 and NB2/NB3 zones
 Mining horizons: 460L – 850L
for longhole and 445L – 880L
for sill development
 Mining recovery estimates:
95%
Bell Creek Long Section
Bell Creek Mine
685 Level
700 Level
715 Level
730 Level
745 Level
760 Level
775 Level
790 Level
805 Level
820 Level
840 Level
860 Level
875 Level
895 Level
915 Level
930 Level
Q1/15
Q2 – Q4/15
Post 2015
Pre 2015

34. Anthony P. Makuch
President & CEO
Peter Van Alphen
VP, Operations
P. Eng./MBA with 30 years experience; formerly SVP & COO, FNX
Mining Co. and V.P. Operations, Dynatec Corp. Native of Timmins with
extensive experience working in Camp.
20 years mining experience; formerly VP & GM, Canadian Operations,
DMC Mining, and Project/Mine Manager, Quadra FNX. Bachelor of
Science (Eng.) degree from University of Witwatersrand, South Africa.
Phil Yee
SVP & CFO
CPA & CA with 25 years experience ,most recently as CFO, Patagonia
Gold Plc. Also served as Director, Finance, Centerra Gold and VP, Finance
for Centerra’s Kumtor Gold Mine.
Eric Kallio
SVP, Exploration
P. Geo. with 30 years experience; formerly VP, Exploration, Patricia
Mining, Exploration Manager, Canadian Shield, Kinrossand Chief
Geologist for Placer Dome’s Dome Mine in Timmins.
Mark Utting
VP, Investor Relations
CFA with over 25 years experience; mining experience as Director, IR for
Dynatec, Rio Algom and Sherritt Int’l; also, IR and media experience with
RBC, BMO, Extendicare, Loewen Group.
Natasha Vaz
VP, Technical Services
P. Eng/MBA with over 10 years experience; held variety of engineering,
operationsand management positionswith Dynatec Corp. Also work for
Goldcorp.
Experienced Management Team

35. Alan Moon
Chairman
Frank Hallam
Director
Professional Engineer & MBA; former senior executive with significant
business experience, both internationally and domestically; brings to
LSG strong and diversified business background.
Chartered Accountant with extensive experience in mining sector;
currently CFO of MAG Silver Corp and Director & CFO of Platinum
Group Metals Ltd.
Ingrid Hibbard
Director
Lawyer with >25 years experience in mining industry; currently
President, Chief Executive Officer & Director of Pelangio Exploration
Inc.; also Director, Detour Gold Corp.
Arnold Klassen
Director
Chartered Accountant and Certified Public Accountant with >30 years
experience in accounting, audit and tax, including 23 years in mining
industry; former V.P. Finance, Dynatec Corp.
Diane Francis
Director
Award-winning columnist, journalist, bestselling author, broadcaster
and entrepreneur; Editor-at-Large at National Post Newspaper; former
director, Aurizon Mines Ltd.
Jon Gill
Director
Professional Engineer with 45 years mining experience, much of it in
senior mine management roles for Inco Limited in its Ontario and
Manitoba divisions and for PT Inco in Indonesia.
Experienced Board of Directors(1)

36. Temex – Proposed Transaction
Whitney Project – In-Market Acquisition
Whitney Project – Resources(1)
Category Tonnes Grade (gpt) Ounces
Measured 970,000 7.02 218,100
Indicated 2,300,000 6.77 490,500
Inferred 1,000,000 5.34 170,700
Proposed Transaction
- LSG proposes to pay 0.105 LSG share
per Temex Share
- Proposal values Temex at $0.13/share
- LSG to issue @ 20.0M shares, <5% of
shares outstanding
- Oban Mining Corp. has 10 days to
amend existing acquisition agreement
with Temex (to July 30, 2015)
(1) Lake Shore Gold has not verified the mineral
resources disclosed in the technical reports for
either the Whitney Project. To the best of Lake
Shore Gold’s knowledge, information, and belief,
there is no new material scientific or technical
information that would make the disclosure of the
mineral resources inaccurate or misleading.

37. Temex – Juby Project
Juby Project – Resources(1)
Category Tonnes Grade (gpt) Ounces
Indicated 26,600,000 1.28 1,090,400
Inferred 96,200,000 0.94 2,908,800
(1) Lake Shore Gold has not verified the mineral resources disclosed in the technical reports for either the Juby Gold
Project. To the best of Lake Shore Gold’s knowledge, information, and belief, there is no new material scientific or
technical information that would make the disclosure of the mineral resources inaccurate or misleading.