April 24, 2014 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) is pleased to announce that it has entered into a purchase agreement to acquire 100% of three additional claims adjacent to its Lazy Edward Bay Uranium Property in the southern Athabasca Basin region, Saskatchewan. The three isolated claims, collectively known as the “Arbour Property” total 4,475 hectares.
March 18th, 2014 – Lakeland Resources Inc. (TSXv: LK; FSE: 6LL) (the “Company” or “Lakeland”) and its Joint Venture (“JV”) partner Declan Resources Inc. (TSXv: LAN; FSE: DCR) are pleased to announce the winter and spring exploration plans for the Gibbon’s Creek Uranium Property (the “Property”), which is located along the northern margin of the Athabasca Basin in Saskatchewan, Canada.
December 3, 2013 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) and Declan Resources Inc. (“Declan”) (TSXv: LAN) jointly announce that they have signed a Property Option Agreement (“Option Agreement”) whereby Declan can earn up to a 70% interest in Lakeland’s Gibbon’s Creek Uranium Property (“Gibbon’s Creek”) located on the northern rim of the Athabasca Basin, Saskatchewan.
Highlights:
• 5 new properties totaling 52,255 hectares staked.
• Lakeland’s project portfolio now totals 16 projects (~157,000 hectares); making it one of the largest of the exploration companies in the Athabasca Basin.
• Technical team focused on properties and acquisitions where target depth of uranium mineralization is expected to be shallow, and a significant amount of historic exploration data exists.
• Portfolio to be advanced via exploration, joint-ventures, option agreements or other means.
April 11, 2014 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) is pleased to announce the acquisition, by staking, of 5 uranium properties totaling 52,255 hectares in the Athabasca Basin region, Saskatchewan. The newly acquired properties are referred to as Lazy Edward Bay, Karen Lake, Black Lake, Hidden Bay and Fedun Lake.
Lakeland Resources Inc. (TSXv: LK) announces that drilling has begun at its Star/Gibbons Creek properties along the northern edge of the Athabasca Basin in northern Saskatchewan.
March 18th, 2014 – Lakeland Resources Inc. (TSXv: LK; FSE: 6LL) (the “Company” or “Lakeland”) and its Joint Venture (“JV”) partner Declan Resources Inc. (TSXv: LAN; FSE: DCR) are pleased to announce the winter and spring exploration plans for the Gibbon’s Creek Uranium Property (the “Property”), which is located along the northern margin of the Athabasca Basin in Saskatchewan, Canada.
December 3, 2013 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) and Declan Resources Inc. (“Declan”) (TSXv: LAN) jointly announce that they have signed a Property Option Agreement (“Option Agreement”) whereby Declan can earn up to a 70% interest in Lakeland’s Gibbon’s Creek Uranium Property (“Gibbon’s Creek”) located on the northern rim of the Athabasca Basin, Saskatchewan.
Highlights:
• 5 new properties totaling 52,255 hectares staked.
• Lakeland’s project portfolio now totals 16 projects (~157,000 hectares); making it one of the largest of the exploration companies in the Athabasca Basin.
• Technical team focused on properties and acquisitions where target depth of uranium mineralization is expected to be shallow, and a significant amount of historic exploration data exists.
• Portfolio to be advanced via exploration, joint-ventures, option agreements or other means.
April 11, 2014 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) is pleased to announce the acquisition, by staking, of 5 uranium properties totaling 52,255 hectares in the Athabasca Basin region, Saskatchewan. The newly acquired properties are referred to as Lazy Edward Bay, Karen Lake, Black Lake, Hidden Bay and Fedun Lake.
Lakeland Resources Inc. (TSXv: LK) announces that drilling has begun at its Star/Gibbons Creek properties along the northern edge of the Athabasca Basin in northern Saskatchewan.
Lakeland Resources Inc. (TSXv: LK) announces that results of the exploration work completed at the Star Property, Athabasca Basin. The work has confirmed the presence of significant gold and PGE mineralization and is suggestive of the presence of uranium nearby.
Dundee Capital Markets Initiating Coverage: NexGen Energy Ltd. (July 2013)Uranium Exploration
David Talbot of Dundee Capital Markets comments on Athabasca Basin uranium explorer NexGen Energy. NexGen Energy is an exciting new uranium explorer...
Uranium explorer Lakeland Resources Inc. (TSXv: LK) updates the exploration activities at its Star Property in the northern Athabasca Basin, Saskatchewan.
Copper North Mining - Corporate Presentation - October 22, 2015coppernorthmining
Copper North Mining Corp. (TSX.V:COL) is a Canadian mining exploration and development company, spun out from Western Copper Corporation (TSX:WRN) in October 2011. Copper North's key asset is the Carmacks Copper Project, located in the Yukon Territory, Canada. Carmacks is permitted for construction and will produce 30 million pounds of cathode copper per year. The project is being re-engineered as a copper-gold-silver leach operation. A Preliminary Economic Assessment was completed in May 2014 and indicates that the addition of gold and silver recovery provides a positive improvement in project economics. A second phase of engineering work is in progress to evaluate opportunities to further improve operations and reduce capital and operating costs. The company intends to resume exploration of the Carmacks deposits to increase mineral resources for inclusion in the mine plan, and expansion of mine life.
The Company has also recently acquired the Thor property, immediately south of the Kemess Mine in north central British Columbia. Thor provides Copper North with an attractive exploration and discovery opportunity adjacent a major dormant mine-mill complex. An exploration program, including drilling of porphyry copper-gold targets, is planned for summer 2015.
Copper North also holds the high-grade Redstone property located in the Northwest Territories, Canada.
Brades Resource Corp. is a Canadian-based resource company focused on uranium in Saskatchewan and gold in British Columbia . The company recently signed an LOI with Fission Uranium Corp. (one of Canada's leading uranium exploration companies) for an 'Earn in' option on Fission's Clearwater West project in Canada's Athabasca Basin.
The Athabasca Basin is the world's number one source of high-grade uranium and Clearwater West is immediately adjacent to Fission's Patterson Lake South project which hosts a major, high-grade uranium discovery. In addition, Brades owns the Lorne Lake property - a large, prospective and strategically located uranium project in the Basin.
Brades also owns the BRC gold project in North Western British Columbia with just over 14,000 hectares. The company has just completed a full spring/summer work program and is awaiting assays. Further information can be found at the company's website: www.bradesresource.com
December 19, 2013 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) is pleased to announce the appointment of Ms. Frances Petryshen as incoming Corporate Secretary of the Company.
Lakeland Resources Inc. (TSXv: LK) announces that results of the exploration work completed at the Star Property, Athabasca Basin. The work has confirmed the presence of significant gold and PGE mineralization and is suggestive of the presence of uranium nearby.
Dundee Capital Markets Initiating Coverage: NexGen Energy Ltd. (July 2013)Uranium Exploration
David Talbot of Dundee Capital Markets comments on Athabasca Basin uranium explorer NexGen Energy. NexGen Energy is an exciting new uranium explorer...
Uranium explorer Lakeland Resources Inc. (TSXv: LK) updates the exploration activities at its Star Property in the northern Athabasca Basin, Saskatchewan.
Copper North Mining - Corporate Presentation - October 22, 2015coppernorthmining
Copper North Mining Corp. (TSX.V:COL) is a Canadian mining exploration and development company, spun out from Western Copper Corporation (TSX:WRN) in October 2011. Copper North's key asset is the Carmacks Copper Project, located in the Yukon Territory, Canada. Carmacks is permitted for construction and will produce 30 million pounds of cathode copper per year. The project is being re-engineered as a copper-gold-silver leach operation. A Preliminary Economic Assessment was completed in May 2014 and indicates that the addition of gold and silver recovery provides a positive improvement in project economics. A second phase of engineering work is in progress to evaluate opportunities to further improve operations and reduce capital and operating costs. The company intends to resume exploration of the Carmacks deposits to increase mineral resources for inclusion in the mine plan, and expansion of mine life.
The Company has also recently acquired the Thor property, immediately south of the Kemess Mine in north central British Columbia. Thor provides Copper North with an attractive exploration and discovery opportunity adjacent a major dormant mine-mill complex. An exploration program, including drilling of porphyry copper-gold targets, is planned for summer 2015.
Copper North also holds the high-grade Redstone property located in the Northwest Territories, Canada.
Brades Resource Corp. is a Canadian-based resource company focused on uranium in Saskatchewan and gold in British Columbia . The company recently signed an LOI with Fission Uranium Corp. (one of Canada's leading uranium exploration companies) for an 'Earn in' option on Fission's Clearwater West project in Canada's Athabasca Basin.
The Athabasca Basin is the world's number one source of high-grade uranium and Clearwater West is immediately adjacent to Fission's Patterson Lake South project which hosts a major, high-grade uranium discovery. In addition, Brades owns the Lorne Lake property - a large, prospective and strategically located uranium project in the Basin.
Brades also owns the BRC gold project in North Western British Columbia with just over 14,000 hectares. The company has just completed a full spring/summer work program and is awaiting assays. Further information can be found at the company's website: www.bradesresource.com
December 19, 2013 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) is pleased to announce the appointment of Ms. Frances Petryshen as incoming Corporate Secretary of the Company.
Lakeland Resources Inc. and its option partner Declan Resources Inc. announced an update on work completed at the Gibbons Creek Uranium Property located along the northern margin of the Athabasca Basin, Saskatchewan.
In the SUNY Maritime graduate program, I was the team leader for my final group capstone business project. The project consisted of 3 individual business situations in which we consulted for a hypothetical client. This is the slide show that we created for our final presentation.
Lakeland Resources Inc. announces that it has completed a summer work program at its wholly owned Lazy Edward Bay Property, located about 65km due west of Kay Lake Uranium mine, along the southern margin of the Athabasca Basin.
Lakeland Resources Inc. (TSXv: LK) announces the completion of its Phase 1 drilling program at the Gibbons Creek/ Star Property, Athabasca Basin region in Northern Saskatchewan. Phase 1 consisted of a total of 2,550 metres, totaling 14 holes at the Gibbons Creek – Star Property(s). In total, four drill holes encountered...
Lakeland Resources Inc. (TSXv: LK) announced the establishment of an Advisory Board and the appointment of Richard Kusmirski and Thomas Drolet as initial members.
Lakeland Resources Inc. is a uranium exploration company focused on the Athabasca Basin in Saskatchewan and Alberta, Canada.
Lakeland Resources Inc. (TSXv: LK) has entered into an option agreement with Takara Resources whereby Takara can acquire a 50 interest in the Fond du Lac Property located in the northern Athabasca Basin region of Saskatchewan.
World-class team with proven history in large-scale resource development in energy and natural
resources industries both domestic and international
Lithium demand growth is compounded by tight supply conditions. Lithium carbonate price has
risen from US$5,500 to trade at US$13,000 per tonne on the spot market over the past 3 years
(Strachan Corp., April 2016)
Large acreage position over 20,000 acres in highly prospective lithium-brine basins - continuing
aggressive acquisition strategy
Q2 2016 completed Fish Lake Valley acquisition strategy at 18,550 contiguous acres, the dominant
claim holder in this large and well understood lithium brine basin.
Q2 2016 acquired 2,240 acre San Emidio property, located in north Nevada, next stage of strategy
to diversify asset base by identifying & acquiring the best lithium properties in Nevada
Fast, low cost, low risk exploration with plans to follow with inexpensive evaluation & pilot phases
to prove resources
Investigating strategic financing opportunities with leading industry participants
Lakeland Resources Inc. (TSXv: LK) Corporate Presentation (June 2013)Uranium Exploration
Corporate presentation for Lakeland Resources Inc. (TSXv: LK) as at June 2013. Lakeland Resources is a pure play uranium exploration companies focused on the Athabasca Basin in Saskatchewan and Alberta, Canada.
Western Alaska Minerals is focused on advancing its 100% owned "Illinois Creek Mining District" (>49,000 acres) which contains deposits originally discovered by Anaconda Minerals in the 1980s and was consolidated by the WAM management team over the past 10 years. The portfolio of five, high-grade, evolving mineral deposits contain: gold, silver, copper, lead, and zinc including a silver-rich Carbonate Replacement Deposit (CRD) and a NI 43-101 oxide gold resource at the Illinois Creek deposit.
Our board, management, and technical teams have track records exploring and progressing Tier 1 assets in Alaska including Donlin Creek, Greens Creek, and Bornite.
Western Alaska Minerals is focused on advancing its 100% owned "Illinois Creek Mining District" (>49,000 acres) which contains deposits originally discovered by Anaconda Minerals in the 1980s and was consolidated by the WAM management team over the past 10 years. The portfolio of five, high-grade, evolving mineral deposits contain: gold, silver, copper, lead, and zinc including a silver-rich Carbonate Replacement Deposit (CRD) and a NI 43-101 oxide gold resource at the Illinois Creek deposit.
Our board, management, and technical teams have track record exploring and progressing Tier 1 assets in Alaska including Donlin Creek, Greens Creek, and Bornite.
The company's first-pass drill program at the Waterpump Creek ("WPC") CRD target in 2021 intersected 9.1m (true thickness) @ 526 g/t Ag, 22.5% Zn & 14.4% Pb (1,886 g/t AgEq).
Lakeland Resources Inc. (TSXv: LK) provides an exploration update for its Phase 1 drill program at the Gibbons Creek / Star Properties in the Athabasca Basin in northern Saskatchewan.
Lakeland Resources Inc. (TSXv: LK) announces that it has closed a non-brokered private placement for total gross proceeds of $414.690. This amount is in addition to the $1.8 million that closed on December 8, 2014.
Lakeland Resources Inc. announces that is has arranged a $1.8 million private placement financing. The proceeds will be used by the company to develop its uranium exploration projects in the Athabasca Basin.
Uranium Market Overview – 2014 Q1
There is renewed optimism for uranium equities following a 3-year bear market sparked by the infamous Fukushima Daiichi nuclear accident. On Feb 25th the Japanese government, led by Shinzo Abe, reversed the previous governments’ decision to phase out nuclear energy. Instead, nuclear is set to regain its former stature as an integral component of Japan’s electricity generation; though no timetable for reactor restarts was given. The use of Nuclear remains a heated topic with the Japanese public, as recent polls show the majority of respondents continue to oppose reactor restarts and a large majority harbour some degree of concern over reactor safety. Therefore, restarting idled Japanese reactors is likely to be contested, indicating the industry-wide completion of the process will be gradual with reactors restarting in stages. Depending on the enforcement of new safety regulations and the degree of compromise from the Abe led government, a sizable contingent of reactors may never restart.
March 19, 2014 – Lakeland Resources Inc. (TSXv: LK; FSE: 6LL) (the “Company”) is pleased to announce that the brokered private placement previously announced on February 24, 2014 has been oversubscribed, and that the Company has added a non-brokered component to the financing.
Presentation from Derek Hamill, Research and Communications Zimtu Capital Corp. on Canadian Uranium Exploration & The Athabasca Basin. Orginally Presented at Vancouver Cambridge House Investment Conference Sunday January 26, 2014.
Dear Shareholders and Investors,
As 2013 ends and we begin a new year it gives us time to reflect on the year that has passed and look forward to the year to come. Above all, 2013 was a formative year for Lakeland in which the foundation for a strong company was built. While the TSX Venture and junior equity markets were challenging, Lakeland performed well moving from $0.04 at the start of the year, hitting a high of $0.25 on Dec 30, and closing the year at $0.18 for a return of 350%; this while the overall S&P/TSX Venture Composite Index declined approximately 24% and many companies struggled to raise capital and market interest. While we are happy to have delivered through the year, we are aiming for more in 2014, and view this as a start.
Two more Lakeland Resources’ (TSXv: LK) (FSE: 6LL) appointments bring additional experience to the company’s management and board. December 16 and 19 announcements reported Neil McCallum joining as director and Frances Petryshen as corporate secretary.
With Neil McCallum’s appointment to Lakeland Resources’ (TSXv: LK) board of directors, the company gains yet more Athabasca Basin uranium experience. A project manager with Dahrouge Geological Consulting, McCallum has served a number of companies with target generation, hiring, logistics, land management, data compilation, project reviews and management.
Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or “Lakeland”) is pleased to announce the appointment of Mr. Sam Wong as Chief Financial Officer (“CFO”) of the Company.
Mr. Wong is currently CFO of Lowell Copper Ltd. (TSXv: JDL), a company involved in copper exploration, and Chesapeake Gold Corp. (TSXv: CKG), a precious metals exploration and development company. Prior to that, Mr. Wong was the Corporate Controller at Luna Gold Corp. (TSX: LGC) where he oversaw the finance division during Luna’s transition from development through to commercial production. Mr. Wong is a Chartered Accountant and articled at Deloitte & Touche LLP in Vancouver, BC where he specialized in assurance and advisory for mining companies. He received a Bachelor of Commerce from the University of British Columbia. In addition to financial reporting and accounting, Mr. Wong brings expertise in public company corporate finance as well as successful corporate development.
Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) geologist Darren L. Smith, M.Sc., P.Geol. recently gave the attached presentation investor groups in Europe. His presentation covered the technical aspects of uranium exploration in the Athabasca Basin, Saskacthewan and was titled "Athabasca Basin Uranium."
Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) advisor and nuclear and uranium market specialist Tom Drolet recently gave presentations to high net worth and institutional investor groups in Geneva and Zurich, Switzerland on behalf of the Company. His presentation titled “Nuclear Power, Uranium Supply and Demand Issues” highlights the macro condition and trends for the global uranium and nuclear energy sectors. The presentation slide deck will also be available on the lakelandresources.com website.
Osisko Development - Investor Presentation - June 24
News Release: Lakeland Resources Inc. Expands High Priority Lazy Edward Bay Uranium Property, Southern Athabasca Basin
1. TSXv: LK FSE: 6LL
Lakeland Resources Inc. Expands High Priority Lazy Edward Bay
Uranium Property, Southern Athabasca Basin
April 24, 2014 – Lakeland Resources Inc. (TSXv: LK) (FSE: 6LL) (the “Company” or
“Lakeland”) is pleased to announce that it has entered into a purchase agreement to acquire
100% of three additional claims adjacent to its Lazy Edward Bay Uranium Property in the
southern Athabasca Basin region, Saskatchewan. The three isolated claims, collectively known
as the “Arbour Property” total 4,475 hectares.
The Lazy Edward Bay Property has increased in size from 21,900 ha to 26,375 ha, while the
number of prospective, conductive trends has increased from 4 to 6, with the addition of the
Arbour Property.
“These claims strengthen our Lazy Edward Bay Property and our presence in the southern rim
of the Athabasca Basin, where discoveries, such as Patterson Lake South (Alpha/Fission) have
brought new light and increased exploration activity and interest to the region,” stated Jonathan
Armes, President and CEO of Lakeland.
The “Ponderosa” Trend is the northern extension of the Lodge Pole trend which was recently
acquired by Noka Resources Inc. The Ponderosa trend consists of two parallel graphitic
conductive trends, each approximately 2.5 kilometres long. The trend was defined and tested by
ground electromagnetic surveys and seven reconnaissance-scale drill holes in 1989 by Uranerz
Exploration and Mining Limited. Recently, the trend was re-defined and tested by ground EM
and drilling one hole in 2001 by JNR Resources.
The “Jack” Trend is located at the eastern end of the property, and immediately south of the Grey
Island Property of Fission 3.0 Corp. 1.7 kilometres of the Jack trend is on the original Lazy
Edward Bay Property, and the additional claim adds 3.4 kilometres of conductive trend to the
Project. The Jack trend was recently defined by a ground Fixed Loop surface Transient
Electromagnetic (FLTEM) survey in 2007 by Titan Uranium Inc. The trend remains un-tested by
drilling.
Under the terms of the purchase agreement, Lakeland can acquire a 100% of the Arbour Property
for $5,000 and 250,000 common shares. The arm’s length Vendor will retain a 2% Gross
Revenue Royalty (“GRR”) on the Property. The transaction is subject to acceptance by the TSX
Venture Exchange.
2. TSXv: LK FSE: 6LL
About the Lazy Edward Bay Property:
Thirteen claims totaling 26,375 ha located along the southern margin of the Athabasca Basin,
where depths to the sub-Athabasca unconformity range between 0 and 350 metres below surface.
At least 53 historic drill holes on the property targeted the six prospective trends on the property.
Each trend is between 5 and 7 kilometres long, and considered under-explored. Historic
exploration by SMDC, Cameco and Uranerz was conducted from 1974 to 1989. Recent
exploration by JNR Resources and Titan Uranium was conducted in the years 2000 to 2010.
A significant highlight of the historic exploration by Uranerz in 1982 along the Bay Trend is drill
hole LE-50 which intersected the basement rocks about 1 kilometre south of the Athabasca
sandstones. Moderately chloritized and sericitized, and weakly hematized migmatitic, graphitic
pelite returned an assay value of 770 ppm uranium along with anomalous boron, nickel,
pathfinder metals (Sask AR: 74G07-0042). This trend remains un-tested in recent years.
As a result of the historic and recent exploration on the property, all six trends are considered
“drill ready”.
Lakeland’s Property Portfolio:
Lakeland has a portfolio of 16 properties (~157,000 hectares); making it one of the largest of the
exploration companies in the Athabasca Basin. The Company’s technical team is focused on
properties and acquisitions where target depth of uranium mineralization is expected to be
shallow, and a significant amount of historic exploration data exists. The current uranium spot
price environment continues to present excellent opportunities to increase Lakeland’s exposure
to, and ownership of, high quality uranium projects in the Athabasca Basin. Lakeland will seek
to continue to advance its property portfolio via exploration, joint-ventures, option agreements or
otherwise, giving it’s shareholders exposure to continued exploration successes as well as
improving fundamentals for the uranium space.
Uranium Market:
Uranium demand is largely driven by energy demands. The spot price of uranium is currently
US$32.50/lb U3O8 (Source: UxC). There are currently approximately 434 nuclear reactors in
operation world-wide. Global electricity demand is expected to grow significantly through 2030
and the number of nuclear reactors is rising to meet it. 72 new reactors are now under
construction - new build levels not seen since the 1970s - as well as an additional 173 planned
and 309 proposed to 2030 (Source: World Nuclear Association). The bulk of the new units are in
3. TSXv: LK FSE: 6LL
four countries - China, India, Russia and Korea. Several near term catalysts for the uranium
market include (i) increased clarity on Japanese restarts; (ii) increased Chinese utility buying;
and (iii) the recent culmination of the Russian HEU "Megatons to Megawatts" agreement
reducing a significant secondary source of supply (Source: Raymond James). Investor interest in
the uranium space has been largely focused on the Athabasca Basin given recent discoveries
there, as well as its position as a leading high grade uranium district, with mining infrastructure
and mills, the presence of majors and relatively low geopolitical risk.
NI 43-101 Disclosure
The technical information above has been prepared in accordance with the Canadian regulatory
requirements set out in National Instrument 43-101 and reviewed on behalf of the company by
Neil McCallum, P.Geo., a qualified person, of Dahrouge Geological Consulting Ltd. and a
Director of Lakeland.
About Lakeland Resources Inc.
Lakeland Resources Inc. is a pure play uranium exploration company focused on the Athabasca
Basin in Saskatchewan, Canada, home to some of the world’s largest and richest high-grade
uranium deposits. The Company’s common shares trade on the TSX Venture Exchange under
the symbol “LK” and on the Frankfurt Stock Exchange under the symbol “6LL”.
For more information, please visit the corporate website at http://www.lakelandresources.com or
contact Roger Leschuk, Manager, Corporate Communications at Ph: 604.681.1568 or TF:
1.877.377.6222 or email: roger@lakelandresources.com
On Behalf of the Board of Directors
LAKELAND RESOURCES INC.
“Jonathan Armes”
Jonathan Armes
President, CEO and Director
Cell: 416.708.0243
Ph: 604.681.1568
TF: 1.877.377.6222
Email: jarmes@lakelandresources.com
Web: http://www.lakelandresources.com
4. TSXv: LK FSE: 6LL
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Statements in this document which are not purely historical are forward-looking statements, including any
statements regarding beliefs, plans, expectations or intentions regarding the future. Forward looking statements in
this news release include that Lakeland will seek to continue to advance its property portfolio via exploration, joint-
ventures, option agreements or otherwise, giving its shareholders exposure to continued exploration successes as
well as improving fundamentals for the uranium space; as well as that several near term catalysts for the uranium
market include (i) increased clarity on Japanese restarts; (ii) increased Chinese utility buying; and (iii) the recent
culmination of the Russian HEU "Megatons to Megawatts" agreement reducing a significant secondary source of
supply; and that Lakeland will acquire 100% of the Arbour Property for $5,000 and 250,000 common shares
subject to a 2% GRR in favour of the Vendor.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in
such forward-looking statements. Risks and uncertainties include economic, competitive, governmental,
environmental and technological factors that may affect the Company's operations, markets, products and prices.
Factors that could cause actual results to differ materially may include misinterpretation of data; that we may not
be able to get equipment or labour as we need it; that we may not be able to raise sufficient funds to complete our
intended exploration and development; that our applications to drill may be denied; that weather, logistical
problems or hazards may prevent us from exploration; that equipment may not work as well as expected; that
analysis of data may not be possible accurately and at depth; that results which we or others have found in any
particular location are not necessarily indicative of larger areas of our properties; that we may not complete
environmental programs in a timely manner or at all; that market prices may not justify commercial production
costs; and that despite encouraging data there may be no commercially exploitable mineralization on our
properties.