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surfkast

04/06/13 12:28 PM

#2670 RE: prokopton #2668

1. "The Company has incurred operating losses of $538.00. Future tax benefits, which may arise as a result of these losses, have not been recognized in these financial statements, and have been off set by a valuation allowance."
2. "The Articles of Incorporation and By-Laws for the Company.
Based on the examination and inquiry set forth above, I am of the opinion that the Information: (a) constitutes “adequate current public information'” concerning the common stock of the Company quoted on the OTC Markets (“Securities”) and the Company itself, and “is available within the meaning of Rule 144(c)(2) under the Securities Act; (b) includes all of the information that a broker-dealer would be required to obtain from the Company to publish a quotation for the Securities under Rule 15c2-11 under the Securities Exchange Act of 1934, as amended (“Exchange Act”); (c) complies as to form with the OTC Markets' Guidelines for Providing Adequate Current Information, which are located on the Internet at www.otcmarkets.com; and (d) has been posted through the OTC Disclosure and News Service."
3. Bom Jesus Project is located on the south portion of the Tapajós Gold Province (southwest portion of Pará State, Brazil). It has 4 exploration leases totaling 39,735 Hectares, (98,185 acres approximately) It is placed in a favorable geological endowment; This project was chosen because it has evidences of extensive alluvial workings and primary gold occurrence in the properties; It also has favorable geophysical evidences related to major gold deposits and based on the air mags data, it has well defined “caldera structure” and presence of K radiometric anomalies.
4. THE AGUA BRANCA PROJECT
Two blocks of PLGs totaling 10,810 hectares (approximately 26,700 acres) in the vicinities of Eldorado and Magellan current exploration leases. There is old workings for gold in the alluvial within the titles boundaries and primary gold mineralization reported on the titles close to the Agua Branca town, where Eldorado has an exploration office. The area is intensely worked by garimpeiros in the past, mainly in the alluvials, no systematic modern exploration has been applied in this region but there is a potential for high grade lode epithermal gold deposits and also for a low grade stockwork system similar to Tocantinzinho, Cuiu-Cuiu and São Jorge desposits.
Lion Mineralization Ltd. will conduct field inspection to evaluate the potentiality of each garimpo within the exploration leases and then implement a systematic modern exploration program on the larger ones.
5. The Heitoraí project


The Heitorai project in located in the State of Goias, Brazil mid Western region.


The project totals about 1948 hectares or approximately 4815 acres and is located in a major gold producing mineral province with famed mines such as the Crixas Gold Mine – by Anglo, and from Chapada Cu-Au deposit – by Yamana; It is the focus for many junior companies such as Amarilho with its Mara Rosa gold project.

The area was discovered by WMC and its soil anomaly was delineated. It has been drill tested but grades were in the range of 1 g/t back when gold value was at about $360/oz. LGB will conduct a soil sampling in the Pilar gold anomaly (with the high values) followed by an IP (Induced Polarization) ground geophysics survey prior to an exploratory RC (Reverse Circulation and/or diamond drilling).

The Heitoraí project was acquired by Lion Gold Brazil and will serve as its leading core project. The logistic and infrastructure are also favorable for exploration in this state because they enable production even in a small to median size deposit.