Ni, Co, Cu, PGM, Au Properties in Ontario Canada

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Message: Re: Sothman Project
1
May 22, 2008 11:51AM

May 22, 2008 03:35PM

May 23, 2008 08:22AM

May 23, 2008 09:05AM

If you look in the photos and find the map that shows Galata and McAra - find Galata and look for Gogama. Find the lake just above the last a in Gogama and that is where the Sothman property is.

What makes this property is that the claims have been converted to a lease. (This saves 1 year in the permitting process approx). As for the Xstrata deal basically means that if Xstrada decides to buy back in they reimburse 50% of Lbe's expenditures and then all expenses would be divided 50%. Basically we would then be joint venture partners. But we do not know what Xstrata will decide to do. First we need to do some drilling.

1
May 23, 2008 10:10AM
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