Lakeland Resources: Corporate Factsheet (September 2011)

T S Xv: LK R E S O U R C E S I N C.FOCUSEDGOLD Corporate MilestonesEXPLORATION August 19, 2010 Lakeland commences trading on the TSX Venture Exchange under the symbol “LK”IN ONTARIO December 9, 2010 Lakeland closes private placements for gross proceeds of $804,480 December 30, 2010Lakeland Resources Inc. is focused on creating shareholder wealth Lakeland announces acquisition of thethrough the discovery of new gold deposits with a 100% focus on Midas Gold PropertyCanadian assets principally in Ontario. Lakeland aims to create value March 7, 2011through the drill bit and build a successful mineral exploration company Lakeland commences Phase I drilling atby combining technical knowledge, a motivated management team and Midas Property and announces appointment of Bob Duess to Boardboard, strong and clear messaging and supportive investors. May 18, 2011 Lakeland announces gold discoveries on MidasThe management team of Lakeland Resources has extensive Property including 5.92 g/t gold over 4.70 me-experience in Canadian gold exploration having been involved in Band- tres in drill hole M-11-04Ore Resources Ltd. (sold to Sydney Resource Corp. in 2006) as well August 18, 2011as more recently West Timmins Mining Inc. West Timmins Mining Lakeland commences Phase II drilling at MidasInc. was acquired, in an all share deal valued at C$424 million, by Property (11 holes; 1,500 metres)Lake Shore Gold Inc. in 2009 following the discovery of the high-grade September 20, 2011Thunder Creek Deposit in Timmins Ontario. Lakeland reports discovery of new, high-grade gold occurrence with surface grab sampleShares Outstanding: 19,472,878 values up to 130 g/t (4.1 oz/ton) gold52 Week Range: $0.10-0.25Market Capitalization: $1.9 million Goals for 2011Working Capital: $800,000 • Advance exploration and development of the Management and Insiders: 35% Midas Property • Identify and acquire additional gold projects Board of Directors for the Lakeland portfolioJonathan Armes President, CEO, Director • Continue to build the current board ofAlex Falconer, C.A. CFO, Director directors, management and technical teamBob Duess, P.Geo Director • Continue to create shareholder value through Daniel Wilson Director acquisitions, exploration and development

GOLD MINE EDWARD GOLD SHOWING DUBREUILVILLE RENABIEFOCUSED MICHIPICOTEN CLINE ISLAND GOLD (RICHMONT) ONTARIOGOLD GREENSTONE BELT MIDAS PROPERTY MAGINO (PRODIGY) Midas PropertyEXPLORATION EAGLE RIVER WAWA (WESDOME)IN ONTARIO LAKE SUPERIORMidas Property strike and depth potential of the M-16 and M-11 gold zonesWAWA, ONTARIO as well as to test other geophysical anomalies that were left untested after the Phase I drill program. Drilling was completedThe Midas Gold Property is situated within the Michipicoten in early September and assay results will be released in theirGreenstone Belt and consists of 10 claims (107 claim units) entirety upon receipt.covering 1,712 hectares approximately 50 km northeast ofWawa Ontario. Mapping of the property conducted in conjunction with the Phase II drill program resulted in the identification of a newThe Michipicoten Greenstone Belt is home to several current surface gold discovery which returned grab sample valuesand past producing gold mines. With the increase in the price ranging from 2 g/t to 130 g/t (4.1 oz/t) gold. Spectacular visibleof gold over the last several years exploration activity has gold was found in one sample which was not sent for assayheightened within the belt. The most important historic and (photo below).current producers within the Michipicoten Belt are high-grade,vein-hosted, underground operations. With the higher gold GRAB SAMPLE FROM MIDAS PROPERTYprices, lower-grade, open pit deposits have also recently been The new discovery is locatedtargeted. approximately 500 metres west, and along strike of drill hole M-11-04 (4.7MARKET CAPITALIZATIONS metres of 5.92 g/t gold). StrippingMain Companies Active in the Michipicoten Greenstone Belt and detailed sampling of the newRichmont Mines (TSX: RIC) $353 M discovery will be undertaken asWesdome Gold (TSX: WDO) $297 M soon as freezing conditions provideProdigy Gold (TSXv: PDG) $128 M better access for mechanizedPele Mountain (TSXv: GEM) $28 M equipment.Lakeland Resources (TSXv: LK) $2 M Hannah PropertyIn late 2010, Lakeland completed an Induced Polarization HEARST, ONTARIO(IP) Geophysical Survey over the southwestern portion of theMidas Property. Multiple IP Targets were identified and an The Hannah Gold Property consists ofinitial five hole (850 metre) Phase I drill program was 5 claims (72 claim units) covering 11.5 km²commenced to follow-up. Two significant gold zones, termed approximately 75 km northwest of Hearst Ontario.the M-16 and M-11 zones, were intersected in this program. Lakeland has the option to acquire up to a 70% interest in the property from GTA Resources and Mining Inc.PHASE I DRILLING HIGHLIGHTS• 4.7 metres of 5.92 g/t gold; including 8.88 g/t gold over 2.6 metres in The claims encompass a portion of GTA’s Auden property, an drill hole M-11-04 extremely large land package located northwest of Hearst,• 3.9 metres of 3.79 g/t gold; including 7.03 g/t gold over 2.0 metres in Ontario. The Auden property virtually covers an entire drill hole M-11-05 greenstone belt with a strike length of approximately 80 km. Being predominately overburden covered and under-explored,To follow-up on the significant results, Lakeland recently this belt is poorly understood and has been interpreted tocommenced and completed an eleven hole (1,500 metre) represent the easterly extension of the Beardmore - GeraldtonPhase II drill program. The program aimed to test the Greenstone Belt located approximately 110 km to the west.TSXv: L KLakeland Resources Inc. Jonathan ArmesSuite 1450 - 789 West Pender St. PresidentVancouver, BC, V6C 1H2 Canada jarmes@lakelandresources.com www.lakelandresources.com Cell: 416 708 0243 R E S O U R C E S I N C.

Lakeland Resources: Corporate Factsheet (September 2011)

by Lakeland Resources Inc. (TSXv: LK)

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