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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (53892)	12/8/2007 8:01:55 PM
From: lorne	Read Replies (1) \| Respond to of 78419

Eric...what you stated was this...."Timmins West property of Lakeshorr's is NOT the original Holmer Gold property.".... Message 24116531 And I disagreed and stated that the Timmins west property of Lakeshore IS the original Holmer property. The following is from the Lakeshore company web site...hope this is helpful. VIEW THE IMAGES \| VIEW THE PRESENTATION » HIGH » LOW Lake Shore’s 100%-owned Timmins West gold property was acquired in 2003 through Lake Shore’s acquisition of Holmer Gold Mines Limited. Timmins West lies at the west end of the Timmins gold camp, 18 kilometres west of the city of Timmins, Ontario, and north of the main Porcupine-Destor Fault Zone. The Timmins camp is one of the richest gold mining districts in North America, having produced more than 70 million ounces of gold since its discovery in the early 1900s. lsgold.com The Timmins Property is under option from Holmer Gold Mines Limited. Under the terms of the Agreement, Lake Shore Gold can earn an undivided 50% interest in the Timmins Property by incurring exploration expenditures of $2,500,000, making cash payments of $250,000, issuing 150,000 Lake Shore Gold common shares over a three-year period and confirming that the Timmins Property contains an indicated mineral resource of at least 500,000 ounces of gold. VIEW THE IMAGES The Thunder Creek Property ties on to the Timmins West Gold Property to the southwest and is currently under option (for Lake Shore to earn a 60% interest) from Band-Ore Resources Ltd. The 33 claim package was acquired in order to test for gold mineralization in association with an ultramafic intrusive body, similar to the Ultramafic Zone in the Timmins West Gold Property, that extends for over 1,800 metres southwest of the Timmins gold deposit. Certain claims are subject to a 2% or 3% NSR royalty.