Timmins & Beardmore - Northern Ontario

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Message: NEWS: Sheltered Oak, Sage Gold mining claim lapses...

Administrative errors on the part of the company for failing to apply work will result in Sheltered Oak loosing the battle. If the administrative error occured by way of the MNDM processing of submitted assessment work

If the error would have been noticed by the company prior to the claims being restaked there may have been a better chance of resolving this even if claims had lapsed.

The company is obviously aware of it's imminent loss of the proprety and would not have approached the stakers at all if this were not the case.

A portion of the ore body is gone up dip and this is the bottom line and will reduce the value of the property for future financings.

We have all made these types of mistakes and that's the way it goes.

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