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Re: Fire Lane post# 109190

Wednesday, 03/24/2010 3:38:23 PM

Wednesday, March 24, 2010 3:38:23 PM

Post# of 221872
try this

AGREEMENTS WITH SEARCHLIGHT EXPLORATION, LLC IN RESPECT OF THE COMPANY’S “BOUSE” AND “SOUTH
COPPERSTONE” GOLD EXPLORATION PROPERTIES
The Company has long standing Agreements with Searchlight Exploration, LLC which contain provisions for “Minimal Work Expenditure” on
both the “Bouse” and the “South Copperstone” Gold Properties.

The Company’s settlement of the “Minimal Work Provisions” with Searchlight, LLC has protected the Company’s interests in both the
“Bouse” and in the “South Copperstone” Gold Properties.
HISTORICAL STOCK DIVIDENDS IN RESPECT OF BOTH THE “BOUSE” AND “SOUTH COPPERSTONE” GOLD
EXPLORATION PROPERTIES –
S tockholders of the Company as at November 7, 2005 received an amount of 899,967,718 (Eight hundred and ninety nine million nine
hundred and sixty seven thousand seven hundred and eighteen) shares in Bouse Mining Holdings plc as a Stock Dividend. These shares are
being held "on book" for and on behalf of these stockholders. This represents an amount of 40.9% of the Issued Share Capital of Bouse Mining
Holdings plc.
Stockholders of the Company as at December 2, 2005 received an amount of 899,581,199 (Eight hundred and ninety nine million five hundred
and eighty one thousand one hundred and ninety nine) shares in Copperstone Mining Holdings plc as a Stock Dividend. These shares are being
held "on book" for and on behalf of these stockholders. This represented 40.9% of the Issued Share Capital of Copperstone Mining Holdings
plc.
The Company holds full and accurate records of the stockholders eligible for both of these aforesaid Stock Dividends and as at the aforesaid
“Record Dates” for these Dividend declarations.
On February 1, 2008, the “Bouse” Gold Exploration properties and interests held in Bouse Mining Holdings plc were transferred into a new
Corporation, incorporated in Wyoming, named “Bouse Gold, Inc.”.
On February 1, 2008, the “South Copperstone” Gold Exploration properties and interests held in South Copperstone Mining Holdings plc were
transferred into a new Corporation, incorporated in Wyoming, named “South Copperstone, Inc.”. It was considered more advantageous to hold
these interests in Corporations incorporated in the United States of America compared to them being held in Foreign Corporations.
All stockholders are guaranteed 1 (one) share of Common Stock in Bouse Gold, Inc. for every 1 (one) Ordinary share held in Bouse Mining
Holdings plc.
All stockholders are guaranteed 1 (one) share of Common Stock in South Copperstone, Inc. for every 1 (one) Ordinary share held in South
Copperstone Mining Holdings plc.
1. The payment to Searchlight in respect of the 2004 to 2005 Year, an amount of US$100,000 (One hundred thousand dollars); and
2. The payment to Searchlight in respect of the 2005 to 2006 Year, an amount of US$200,000 (Two hundred thousand dollars); and
3. The payment to Searchlight in respect of the 2006 to 2007 Year, an amount of US$110,000 (One hundred and ten thousand dollars);
and
4. The payment to Searchlight in respect of the 2007 to 2008 Year, an amount of US$200,000 (Two hundred thousand dollars); and
5. The payment to Searchlight in respect of the 2008 to 2009 Year, an amount of US$200,000 (Two hundred thousand dollars).
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On March 15, 2009, Bouse Gold, Inc. and South Copperstone, Inc. became delinquent with the Secretary of State in Wyoming due to
nonpayment of State Taxes and were administratively dissolved. The Company is now ensuring that the outstanding State Taxes are paid in
respect of both of these Corporations and ensuring that both of these Corporations are reinstated without delay. The Authorized Share Capital
of both of these Corporations is being increased to an amount of 2,500,000,000 shares of Common Stock with the same Par Value per share of
Common Stock.
Stockholders are assured that their holdings in Bouse Gold, Inc. and in South Copperstone are secure and that both of these Corporations are
being restored to good standing with the Wyoming Secretary of State.
The cash costs incurred in effecting such a distribution of these shares of Bouse Gold, Inc. and in South Copperstone, Inc. to eligible
stockholders would be extremely high and the Company is not in financial position to undertake this distribution until such time as the
Company has raised funds. There is no guarantee that the Company will be in a position to raise the required funds. The Company incurred
very significant financial costs and many hundreds of hours of both Management and Professional Advisors’ time in order to effect the full,
complete and accurate distribution of the shares of Hunt Gold Corporation Common Stock to the Company’s eligible stockholders thus
completing the previous 3 (Three) Stock Distributions to the Company’s stockholders in 2008 and in 2009.
The fact that the Company holds full and accurate records of the stockholders eligible for both of these aforesaid Stock Dividends and as at the
aforesaid “Record Dates” for these Dividend declarations means that should a buyer for the “Bouse” and/or “South Copperstone” Gold
Exploration Properties desire to acquire 100% (one hundred percent) of these Corporations; they would be able to make a direct offer to these
eligible stockholders without requiring the Company’s participation and assistance in this endeavor.
The Company is prepared to furnish the full details of those eligible stockholders who hold stock in both “Bouse” and in “South Copperstone”
obtained by themselves through these historical Stock Dividends declared by the Company; to any and all suitable and qualified prospective
purchasers of these two Gold Exploration Property Corporations. This is to enable these prospective buyers to directly approach these eligible
stockholders with a view to purchasing their stock in either one or in both of these Gold Exploration Property Corporations.
A sale of 100% (one hundred percent) of both Bouse Gold, Inc. and South Copperstone, Inc. would then result in these outstanding Stock
Dividends being paid to eligible stockholders by any buyer of these interests.
There is no guarantee that the Company would be able to secure a successful and acceptable sale of these Corporations.
CURRENT STATUS OF THE “BOUSE” AND “SOUTH COPPERSTONE” GOLD EXPLORATION PROPERTIES
Unpatented mining claims are renewed annually with the United States Bureau of Land Management (BLM), and filings and claim
maintenance fees are due on September 1 of each year for the following year. At September 1, 2009, the Bouse Project was comprised of 26
unpatented mining claims (14 lode claims and 12 placer claims); the South Copperstone Project was comprised of 37 unpatented mining claims
(1 lode claim and 36 placer claims).
It was determined that both the Bouse and South Copperstone gold properties had primarily lode gold deposit potential, and the placer claims
were not renewed for 2010. Lode claims cover gold that is found in rock in place, as contrasted with placer claims which cover gold found in
unconsolidated stream sediments and gravel. Virtually all known past gold production from the Bouse and Copperstone Mining.
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Districts has been from lode deposits rather than placer deposits. This is consistent with other Arizona and Nevada gold production (for
example, Nevada’s prolific Carlin Trend gold production has almost all come from areas covered by lode claims).
Beginning on September 5, 2009, a number of the lode claims were amended or relocated, and new lode claims have since been staked over
certain areas formerly covered by placer claims. The Company believes that the areas currently covered by lode claims include all former drill
holes that encountered gold within the Company’s existing Bouse and South Copperstone project areas. More details will be disclosed
concerning the new lode claims upon completion of staking, which is expected within the next 90 days."
The stockholding in the “Bouse” Gold Exploration Project as At November 10, 2009:
The stockholding in the “South Copperstone” Gold Exploration Project as At November 10, 2009:
*Fortress Financial Group, Inc. holds its interests through its wholly owned Investment Corporation, Western Diversified Mining Resources,
Inc.
NO LITIGATION PENDING OR THREATENED AGAINST THE COMPANY, ITS SUBSIDIARY COMPANIES OR ITS “BOUSE”
OR “SOUTH COPPERSTONE” GOLD EXPLORATION PROPERTIES
The Management of the Company is not aware of any existing, threatened or pending litigation against either the Company, its subsidiary
Companies or against either of the two remaining Gold Exploration Properties.
http://msnmoney.brand.edgar-online.com/DisplayFilingInfo.aspx?TabIndex=2&FilingID=6910960&type=convpdf&companyid=3482&ppu=%2fDefault.aspx%3fticker%3dffgo

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