TIDMHOC 
 
RNS Number : 3135R 
Hochschild Mining PLC 
19 August 2010 
 

 
19 August 2010 
 
 
        Hochschild´s investment in Lake Shore Gold to be diluted to 35% 
 
Lake Shore Gold Corp ("Lake Shore Gold"), which is 37% owned by Hochschild 
Mining plc ("Hochschild" or "the Company") yesterday announced a financing of 
approximately C$76 million to fund general corporate activities and working 
capital. Hochschild remains supportive of Lake Shore Gold, however, the Board 
and management team see organic growth through investment in Hochschild´s 
extensive and rapidly expanding exploration pipeline as the Company´s key 
priority. As a result, Hochschild will not be participating in the proposed 
financing and its current 37% holding in Lake Shore Gold will be diluted to 
approximately 35%. 
 
Earlier this month, Lake Shore Gold announced that it continues to target mine 
production of 65,000 ounces of gold (3.9 million silver equivalent ounces) in 
2010. A portion of the ore mined may either be toll milled or held in inventory 
at year end for processing at the beginning of 2011, reflecting the timing for 
commissioning of the expansion of the Bell Creek mill. The Company continues to 
anticipate ending 2010 at a monthly production rate of 10,000 ounces from the 
Bell Creek Mill with commercial production targeted for the fourth quarter. 
Longer term, the company is working towards building production with the 
potential to produce over 300,000 ounces of gold annually (18 million silver 
equivalent ounces) over the coming years. 
 
Enquiries: 
Hochschild Mining plc 
 
Isabel Lütgendorf 
                +44 (0)20 79072934 
Head of Investor Relations 
 
Finsbury 
Faeth Birch 
                     +44 (0)20 72513801 
Public Relations 
 
 
About Hochschild Mining plc: 
Hochschild Mining plc is a leading precious metals company listed on the London 
Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, 
mining, processing and sale of silver and gold. Hochschild has over forty years' 
experience in the mining of precious metal epithermal vein deposits and 
currently operates four underground epithermal vein mines, three located in 
southern Peru, one in southern Argentina and one open pit mine in northern 
Mexico. Hochschild also has numerous long-term prospects throughout the 
Americas. 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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