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03/3/14 - €0.19
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lakeland resources inc (6LL) Details

Lakeland Resources Inc., a uranium exploration company, is engaged in the acquisition, exploration, and development of mineral properties primarily in the Athabasca Basin, Saskatchewan Canada. The company has approximately 100,000 hectares of exploration properties in the Athabasca Basin. It also has interests in various gold and copper properties. The company was formerly known as Cats Eye Capital Corp. and changed its name to Lakeland Resources Inc. in August 2010. Lakeland Resources Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Founded in 2007

lakeland resources inc (6LL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

lakeland resources inc (6LL) Key Developments

Lakeland Resources Inc. Acquires Additional Uranium Properties in the Athabasca Basin, Saskatchewan

Lakeland Resources Inc. announced that the company has acquired additional mineral claims located in the Athabasca Basin region, Saskatchewan, Canada. The key properties, amongst others, are: Key Lake Area 'two land packages (KLR and KLS) encompassing six claims; Carter Lake Area '6 mineral claims located adjacent to Lakeland's existing land holdings in the southwest part of the Athabasca Basin. Mathews Lake Area 'north of Lake Athabasca, within basement rocks of the Beaverlodge Domain. Carson Lake Area 'within the northwest part of the Wollaston Domain, host to a vast majority of operating Uranium mines within the Athabasca Basin. Black Birch East â “ located south of the Athabasca Basin along the Cable Bay Shear Zone, with anomalous uranium in lake sediment samples, radiometric anomalies, and electromagnetic conductors. In part, a second group of properties acquired from 877384 Alberta Ltd. and Zimtu Capital Corp. includes the Black Birch East and Brassy Rapids properties. The Black Birch East property covers an extensive land package immediately south of Alpha Explorations Carpenter Lake Property. This property covers the southerly extension of the Cable Bay Shear Zone (CBSZ). Under the terms of the DG agreement and subject to Exchange approval, the Company shall pay $40,880 cash and issue a total of 1,120,000 common shares. The cash payments and share issuances will be payable as: 50% upon Exchange acceptance and 50% in six months of the Exchange acceptance date. The properties are subject to a 2% NSR. The Company may, at any time purchase 1% of the NSR for $2 million per property.

Lakeland Resources Appoints Jody Bellefleur as Chief Financial Officer

Lakeland Resources Inc. announced Ms. Jody Bellefleur as Chief Financial Officer for the Company. Ms. Bellefleur has been Chief Financial Officer of Zimtu Capital Corp. since June, 2013 and has been with the Zimtu group of companies since 2008. She is responsible for regulatory financial reporting including preparation of quarterly financial statements and management discussion and analysis. Ms. Bellefleur is a CGA with over 20 years’ experience as a corporate accountant.

Lakeland Resources Inc. Announces Commencement of Drilling at Star/Gibbons Creek Uranium Properties

Lakeland Resources Inc. announced drilling has begun at its Star/Gibbons Creek properties where a minimum 1,500 metre Phase I diamond drilling program will take place. The property is located along the north central edge of the Athabasca Basin in Northern Saskatchewan, near the community of Stony Rapids. Exploration by the Company in 2013 and 2014 confirmed the exploration potential of the Star and Gibbons Creek Properties. The key objectives of the program are: Follow up historic drill holes including GC-15 (0.18% U3O8 over 13 cm), and along strike of a prominent east-west resistivity low. Multiple holes in the area encountered anomalous uranium and nickel (over 200 ppm uranium at the unconformity) and extensive basement alteration. Investigate the resistivity low anomaly and magnetic contact up-ice from the radioactive boulder-field. Investigate structural and geological setting of gold mineralization (multiple surface samples from 1 to 5.7 g/t Au) at the Star Property.


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