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27.07.08 17:24
2

398 Postings, 6474 Tage penskiaus Fortress Base Metals Corp


wurde per 21. Juli 2008 LIONS GATE METALS INC. Solange der Kurs nicht darunter leidet eigentlich egal.
Das Papier hat sich in den letzten Monaten (auch mit dem alten Namen) sehr gut gehalten.
Moderation
Zeitpunkt: 27.07.08 17:57
Aktion: Forumswechsel
Kommentar: Falsches Forum

 

 

28.07.08 14:20
1

398 Postings, 6474 Tage penskiLions Gate Metals

Schaut euch einmal den prächtigen Jahres-Chart an. Hier kann nicht viel schief gehen.

Schöner, erfolgreicher Börsentag wünscht

Penski  

13.09.08 13:22

398 Postings, 6474 Tage penskisehr positive Entwicklung

und kein Sch.... schaut hin. Der letzte Bericht von Lions Gate Metals tönt ebenfalls zuversichtlich. Habe in Kanada noch einmal grosszügig nachgekauft.  Bin überzeugt von diesem Papier. Hat es hier noch andere Interessenten und weiss jemand noch mehr als aus dem letzten Bericht:

http://aktien.wallstreet-online.de/1459305.html

Ein schönes Wochenende wünscht penski  

03.09.09 18:57

673 Postings, 6596 Tage RalfBauWow! Halted! Mit super News...

Lions Gate to merge with D'Aguilar Gold subsidiary


2009-09-03 05:19 ET - News Release

Mr. Nicholas Mather reports

MERGER OF AUSNICO LIMITED WITH LIONGATE METALS INC

D'Aguilar Gold and its 79-per-cent subsidiary AusNiCo have reached agreement to merge AusNiCo with the Toronto Stock Exchange-listed Tier 1 Canadian company, Lions Gate Metals Inc. The merger of the two companies will create a listed base metals specialist with nickel, copper and molybdenum assets in British Columbia, Western Canada and southeast Queensland, Australia.

The proposed merger terms

Lionsgate will purchase all of the 90.16 million shares and 22 million options in AusNiCo for the issue of 10 million common shares and three million five-year warrants exercisable at $1.10 per share. The acquisition is subject to the completion of satisfactory reciprocal due diligence and applicable shareholder and regulatory approvals.

D'Aguilar will appoint three directors to form a new Lionsgate board of six. AusNiCo management and directors Ian Levy, Brian Moller and D'Aguilar chief executive officer Nick Mather are expected to contribute strongly to the growth and direction of Lionsgate. Mr. Mather and Mr. Moller's experience in the foundation and rapid emergence of Waratah Coal Inc. as the TSX Venture Exchange-listed proprietor of one of the western world's largest undeveloped coal resources before its $130-million takeover in December, 2008, is expected to be a strong factor in the growth of Lionsgate.

During his time at the previously Australian Stock Exchange-listed Allegiance Mining, Mr. Levy was in charge of the development of the Avebury nickel mine in Tasmania, with contained nickel of 172,000 tonnes. Strong geological similarities evident between the AusNiCo projects and Avebury are expected to develop into an exploration strategy with wide-ranging global implications in previously untested nickeliferous terranes. Mr. Levy said that he "expected that the experience would lead to the discovery of some new and very significant nickel camps for Lionsgate."

Commenting on the propose merger, Mr. Mather said, "D'Aguilar's strategy of successfully bedding down its main resource exploration programs in independently listed financed and managed corporations with rapid growth strategies and undervalued assets was gathering momentum and that the proposed Ausnico/Lionsgate marriage presented D'Aguilar with an exciting opportunity to see its nickel exploration models financed and managed, in a company with complementary marketing and financing skills."

Lionsgate chairman, Arni Johannson, said: "Lionsgate's goal is to execute on its global acquisition strategy targeting large base metals resources. The acquisition of AusNiCo and its exciting nickel base will complement Lionsgate's already-impressive copper and molybdenum assets." The board of Lionsgate also boasts Damien Reynolds and Mark Hewett from Canaccord, one of North America's largest broking houses with extensive experience in all levels of mining and exploration financing. The combined team will be dedicated to the continued growth and development of Lionsgate's asset portfolio.  

03.09.09 19:01

673 Postings, 6596 Tage RalfBauMehr Infos...

About Lionsgate

 

Lionsgate has a quality portfolio of copper and molybdenum projects in British Columbia, Canada notably the Hudson Bay molybdenum project near Smithers located around Davidson molybdenum project, which is slated for near term development by Thompson Creek Metals. The proposed development brings into sharp focus the high prospectivity of the project. A program of Induced Polarisation (IP) and drilling is planned by Lionsgate to define additional material which may be treated at a future Thompson Creek development.

The Poplar copper gold porphyry is approximately 150km south of Smithers, British Columbia in an area of substantial infrastructure only 40km from the producing Huckleberry Mine. Poplar is a significant copper gold porphyry, and additional porphyry targets in the Canyon Creek area such as the China Creek stock are yet to be tested.

The Kelly Creek project, 30 km west of Terrace, British Columbia is a red‐bed copper project similar in style to Calumet Mine in Michigan USA. There is considerable potential to define additional drilling targets, and a program of airborne geophysics and subsequent drilling has been planned to test the new targets at the Upper Kelly Creek and East Side prospects.

 

Corporate: Lionsgate has 10.487 million shares and 6.2 million options and warrants on issue. Of this total, 1 million options are exerciseable at prices ranging between $CDN 1.10 to $1.40 at varying expiry dates from September 2011 to October 2013. Additionally, some 5,593,702 warrants are exerciseable at $CDN 0.72, with 4,393,702 expiring on 25 June 2012 and 1,200,000 expiring on 23 May 2013. The company has significant holdings in TSX listed Nevada Copper Corp, in accordance with its growth plans in base metals. Total cash and current assets exceed CDN$2.5 million. For further details on Lionsgate and its projects, see the company’s website at www.lionsgatemetals.com

 

03.09.09 21:24

673 Postings, 6596 Tage RalfBauPlus 22.1% in Kanada...

Lions Gate to merge with D'Aguilar Gold subsidiary


2009-09-03 05:19 ET - News Release

Mr. Nicholas Mather reports

MERGER OF AUSNICO LIMITED WITH LIONGATE METALS INC

http://www.stockwatch.com/newsit/...&symbol=LGM&news_region=C  

03.09.09 22:31

673 Postings, 6596 Tage RalfBaunews jetzt auch von LGM

http://www.lionsgatemetals.com/news-releases/...alian-nickel-producer


9.3.09
Lions Gate Metals Reaches Agreement to Acquire Australian Nickel Producer
Vancouver, BC Canada, September 3, 2009 – Lions Gate Metals Inc. (TSX-V: LGM) (“LGM” or the “Company”) has reached agreement in principle with AusNiCo Pty. Ltd. (“AusNiCo”) to merge the companies under LGM.

AusNiCo is an unlisted Australian company with nickel exploration tenements in South East Queensland, Australia. It is 79% owned by D’Aguilar Gold Ltd. (“D’Aguilar”) (ASX: DGR) which is listed on the Australian Securities Exchange. The merger of the two companies will create a listed base metals specialist with nickel, copper and molybdenum assets in British Columbia, Canada, and Queensland, Australia.

AusNiCo projects

From its inception, AusNiCo was designed to secure an extensive tenure position for nickel exploration in Queensland. It currently owns a tenement position of 1,760 km2 in south east Queensland covering a strike extent of over 200km of prospective intruded and altered ultrabasic rocks.

AusNiCo has recognized extensive ultra mafic belts of rocks with high nickel backgrounds over its 200km of strike length. Aero magnetic survey data flown by various explorers and government data indicates the locations of these belts which are commonly masked by younger sediment cover and deep weathering profiles. Intense aeromagnetic anomalies within these belts indicate the location of hot granitic and other intrusions which have altered the rocks to assemblages rich in magnetite (which gives a magnetic response). These intrusions have commonly introduced varying degrees of sulphur into the surrounding nickeliferous ultramafic host and nickel sulphides then precipitate within 2 km of the contact.

AusNiCo’s main project areas are located on the Black Snake Plateau 200km north west of Brisbane. Nickel sulphides have so far been outlined at five specific locations in the belt, most importantly at Pembroke where nickel sulphides have been intersected in drilling.

The largest nickel target has been defined at Mt Cobalt where surface rock chip and spoil sampling has recorded an anomaly over 400 metres long and averaging 200 metres wide. The presence of a strong magnetic signature modeled at a depth of 350 metres under and to the north of Mt Cobalt suggests the presence of a porphyry copper system which AusNiCo believes has also generated the nickel mineralization above it.

AusNiCo is targeting a project with in excess of 20 mt in the oxide zone and a similar target in the sulphide zone at Mt Cobalt and at a number of other prospective localities nearby including Ridleys and Pembroke, 4 and 1.5 kms south respectively, McCarthys to the south east, Kandanga 30km south east and Neurum, 20kms north.

Leach recoveries of 75% nickel from oxide material in previous testing and the recent relatively low cost of acid, potential for local acid supplies, excellent logistic and local infrastructure features, and the potential open cut style of mineralization all auger well for the ultimate demonstration of competitively low mining and treatment options for the project.

A detailed presentation about AusNiCo, including maps and photographs and its major projects may be viewed on the website of D’Aguilar Gold Limited www.daguilar.com.au. The due diligence to be undertaken by LGM will include the preparation and filing of a report that complies with NP43-101.

Experience gained by Nick Mather and Brian Moller in the foundation and rapid growth of Waratah Coal Inc, is expected to contribute strongly to the growth of Lions Gate. Waratah Coal Inc. was the TSX-V listed proprietor of one of the western world’s largest undeveloped coal resources before its CDN$130m takeover in December 2008. Each new member of the board of directors of LGM will bring unique experience and skill sets.

“LGM’s goal is to execute on its global acquisition strategy targeting large base metals resources. The acquisition of AusNiCo and its exciting nickel projects will compliment Lions Gate Metals’ already impressive copper and molybdenum assets,” commented LGM Director, Arni Johannson.

Merger terms

The material terms of the merger are as follows: LGM will acquire all of the issued securities of AusNiCo in exchange for the issue of 10 million common shares and three million five year warrants exercisable at CDN$1.10 per share.
Each company will appoint three directors to a new LGM Board of six directors. LGM directors Damien Reynolds, Arni Johannson and Mark Hewett will continue as directors and AusNiCo will propose as directors Ian Levy, Brian Moller and D’Aguilar CEO Nick Mather.
The acquisition is subject to completion of satisfactory reciprocal due diligence and any required shareholder and regulatory approvals in Canada and Australia.
LGM must complete a concurrent private placement of not less than CDN$3 million with a unit price of not less than $1.10 per common share and a half warrant with an exercise price of $1.50 for a two-year period. A 7% cash commission and warrants representing 7% of the units sold will be offered for the private placement.
LGM will pay a finder’s fee of 3.5% of the value of the transaction.
About Lions Gate Metals

Lions Gate Metals Inc. is a Canadian based, junior resource company focused on the exploration, development, and acquisition of both advanced and early stage mineral projects. LGM owns 100 % of three substantial copper and molybdenum projects located in British Columbia. LGM’s flagship project is the Poplar porphyry copper - molybdenum deposit near Houston, BC. The Huckleberry Mine, located approximately 35 kilometres southwest of the Poplar Deposit, produces copper and molybdenum from a deposit of similar age and setting.

ON BEHALF OF THE BOARD OF DIRECTORS OF LIONS GATE METALS INC.

Damien Reynolds CEO & Director

For further information on the Company and its projects please visit our web site at www.LionsGateMetals.com or contact us at:

Lions Gate Metals Inc. Blair McIntyre, Director of Operations (604) 683-7588  

25.01.10 19:19

673 Postings, 6596 Tage RalfBauNEWSSS!

Lions Gate Metals to earn 75% interest in ROK-Coyote


2010-01-25 10:57 ET - News Release

Also News Release (C-FTR) Firesteel Resources Inc


Mr. Arni Johannson of Lions Gate Metals reports

LIONS GATE METALS INC. AND FIRESTEEL RESOURCES INC. SIGN LETTER OF INTENT

Lions Gate Metals Inc. has entered into a binding letter of intent with Firesteel Resources Inc. to acquire a 75-per-cent interest in the ROK-Coyote mineral property situated in the Stikine Arch region of northwestern British Columbia.

Terms of the LOI

Under the terms of the LOI, Lions Gate will be granted an option to acquire a 75-per-cent interest in the property in consideration of a total of 650,000 common shares of the company, a total of $496,000 in cash payments and a total work commitment of $2,329,000 over a period of four years. During the option period, Lions Gate will be the operator on the property.

It is intended by the parties that the LOI will be superseded by a formal mineral lease option agreement within 45 days. Lions Gate and Firesteel will provide further updates by way of news releases when a formal agreement is signed.

An initial cash payment of $50,000 has been paid by Lions Gate to Firesteel which shall be credited against the cash payment and work commitment obligations under the option. Any common shares issued pursuant to the option shall be subject to a pooling arrangement providing for the release of 25 per cent of such shares on issuance and 25 per cent every three months thereafter. Lions Gate shall also have a first right to repurchase or arrange for the purchase of any shares to be issued to Firesteel.

Firesteel retains the right to acquire a 5-per-cent interest in the property at any time following the date which is three years after the option is approved by the TSX Venture Exchange and until a production decision is made concerning the property for total consideration of $200,000. In the event Firesteel elects to exercise this right, Lions Gate's rights under the option would be to a 70-per-cent interest in the property. Firesteel will also be granted a 2-per-cent net smelter royalty on the property, subject to Lions Gate's right to purchase one-half of such royalty (1 per cent) for $1-million at any time within 240 days of commencement of commercial production.

The property consists of two blocks earned or under option by Firesteel from previous claim holders, each with 2-per-cent royalty obligations; one block in an area of common interest with a 0.5-per-cent royalty obligation; and a fourth block with no previous royalty obligation.

Lions Gate has agreed to pay a break fee of $10,000 if the LOI is terminated.

The acquisition of the ROK-Coyote project is an opportunity for Lions Gate to expand its project portfolio in British Columbia. The property is situated in the Stikine Arch region of northwestern B.C. about eight kilometres southeast of the Iskut Village on Highway 37 and 12 km west of the B.C. Rail extension road bed. The property consists of 19 contiguous claims covering 6,891 hectares. Lions Gate believes that this property is a highly prospective copper-gold alkalic porphyry targets in B.C. and warrants a significant exploration program to test its potential.

The property is adjacent to and immediately northwest of the Imperial Metals Corporation's Red Chris copper-gold deposit (with measured and indicated resources of 446.1 million tonnes at 0.36 per cent Cu and 0.29 gram per tonne Au, at 0.20-per-cent Cu cut-off, as reported on page 52 of Imperial Metals' annual information form dated March 30, 2009). In a news release in Stockwatch Nov. 9, 2009, Imperial Metals also reported the Red Chris drill hole RC09-350 returned 152.5 metres grading 4.12 per cent copper and 8.83 g/t gold starting at a depth of 540.0 metres. Firesteel has reported that the property covers a copper-gold porphyry target located within a large hydrothermal sulphide system measuring at least nine square kilometres atop the Tanzilla plateau. Access to the property is easily gained from Highway 37 along the west side of the claim group or from the Ealue Lake secondary road which crosses the southern half of the property in an east-west direction.

Property geology is reported as Lower Jurassic, Hazelton Group volcanics and sediments intruded by Early Jurassic, hornblende quartz monzonite, and syenite plugs and dikes. Copper-gold mineralization is related to emplacement of the intrusives. Postmineral, barren Hazelton volcanics cap part of the system. Alteration includes well-mineralized quartz stockworks and intense potassic alteration passing outward to phyllic and propylitic alteration assemblages.

Exploration work on the property dates back to 1929 when copper was discovered at the Klappan Rose showing. Between then and the 1970s, when Texasgulf discovered the Red Chris deposit, exploration was intermittent and minimal. After the discovery, there was a period of increased exploration activity but it was largely limited to prospecting, geological mapping and some localized geophysical surveys.

Going forward

LGM management is highly encouraged by the findings to date (which will be subsequently released in a news release at a later date) and intends to follow them up with a 2010 exploration program consisting of extending the geophysical grid to the West to cover the entire Th/K anomaly, conducting additional IP chargeability and resistivity readings over the entire grid and possibly drilling up to 1,500 metres of drill holes to follow up findings from this program.

We seek Safe Harbor.  

25.01.10 19:21

673 Postings, 6596 Tage RalfBauHört sich gar nicht schlecht an....

 

The acquisition of the ROK-Coyote project is an opportunity for Lions Gate to expand its project portfolio in British Columbia. The property is situated in the Stikine Arch region of northwestern B.C. about eight kilometres southeast of the Iskut Village on Highway 37 and 12 km west of the B.C. Rail extension road bed. The property consists of 19 contiguous claims covering 6,891 hectares. Lions Gate believes that this property is a highly prospective copper-gold alkalic porphyry targets in B.C. and warrants a significant exploration program to test its potential.

The property is adjacent to and immediately northwest of the Imperial Metals Corporation's Red Chris copper-gold deposit (with measured and indicated resources of 446.1 million tonnes at 0.36 per cent Cu and 0.29 gram per tonne Au, at 0.20-per-cent Cu cut-off, as reported on page 52 of Imperial Metals' annual information form dated March 30, 2009). In a news release in Stockwatch Nov. 9, 2009, Imperial Metals also reported the Red Chris drill hole RC09-350 returned 152.5 metres grading 4.12 per cent copper and 8.83 g/t gold starting at a depth of 540.0 metres. Firesteel has reported that the property covers a copper-gold porphyry target located within a large hydrothermal sulphide system measuring at least nine square kilometres atop the Tanzilla plateau. Access to the property is easily gained from Highway 37 along the west side of the claim group or from the Ealue Lake secondary road which crosses the southern half of the property in an east-west direction.

 

10.06.10 13:29

246516 Postings, 6816 Tage buransteigt leise in den Himmel

dann mal ran an die Arbeit  

11.06.10 09:05

246516 Postings, 6816 Tage buranNullsieben ;-)

09.09.10 17:47

673 Postings, 6596 Tage RalfBauCEO deckt sich mit Aktien ein ...

                 
ep 07/10 Sep 03/10 Johannson, Arni Thomas Direct Ownership Common Shares 10 - Acquisition in the public market 3,500 $0.500
Sep 07/10 Sep 02/10 Johannson, Arni Thomas Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.540
Sep 07/10 Sep 02/10 Johannson, Arni Thomas Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.500
Sep 03/10 Sep 01/10 Sweatman, Michael Direct Ownership Common Shares 10 - Acquisition in the public market 3,000 $0.500
Sep 03/10 Jul 30/10 Sweatman, Michael Direct Ownership Common Shares 00 - Opening Balance-Initial SEDI Report    
Jul 30/10 Jul 28/10 Hewett, Mark Edwin Direct Ownership Common Shares 10 - Acquisition in the public market 500 $0.720
Jul 30/10 Jul 27/10 Hewett, Mark Edwin Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.730
Jul 21/10 Jul 13/10 McIntyre, Blair Direct Ownership Warrants 00 - Opening Balance-Initial SEDI Report    
Jul 21/10 Jul 13/10 McIntyre, Blair Direct Ownership Options 00 - Opening Balance-Initial SEDI Report    
Jul 21/10 Jul 13/10 McIntyre, Blair Direct Ownership Common Shares 00 - Opening Balance-Initial SEDI Report

 

13.09.10 20:54

673 Postings, 6596 Tage RalfBauTip: Eindecken mit LGM

Die Aktie geht bald richtig ab....ahja Investoren sind im Zeitraum Juli für 0,90$ (0,70€) bei Lions Gate eingestiegen ( Gesamtsumme 1,1 Mio)

Lions Gate Closes $1,080,000 Private Placement with MineralFields Group

Vancouver, BC Canada, July 2, 2010 – Lions Gate Metals Inc. (TSX-V: LGM) (“Lions Gate” or the “Company”) announces that it has completed the first tranche of its previously announced non-brokered private placement of flow-through and non-flow-through units.  The first tranche was placed exclusively with the MineralFields Group to raise aggregate gross proceeds of $1,080,000.

The Company issued 1,200,000 flow-through units to the MineralFields Group at a price of $0.90 per unit.  Each unit is comprised of one flow-through common share of the Company and one-half of one share purchase warrant of the Company, with each whole warrant being exercisable to purchase one non-flow-through common share of the Company at a price of $1.00 per share until June 30, 2012.

A cash finder’s fee of $75,600, representing 7% of the proceeds raised, was paid to Limited Market Dealer Inc. in connection with the placement to the MineralFields Group.

All securities issued or issuable under this tranche of the private placement are subject to a hold period and may not be traded until October 31, 2010 pursuant to applicable Canadian securities laws and the policies of the TSX Venture Exchange.

The Company intends to use the proceeds of the private placement to conduct exploration on the Company’s properties in British Columbia.

“We are very pleased to be entering into this relationship with MineralFields Group” said Arni Johannson, President and CEO.  “This is an important milestone in the growth of Lions Gate and we look forward to working with MineralFields Group as we develop our holdings in British Columbia.”  

05.10.10 13:57

673 Postings, 6596 Tage RalfBauEs stehen bald News an...

Lions Gate Metals gibt robustes Winter-Bohrprogramm bekannt. ( auch die verstärkte Erkundung weiterer vielversprechender Felder ). Der Kurs wird daher demnächst anziehen.  

05.10.10 17:43

398 Postings, 6474 Tage penskiwird auch langsam Zeit

Lions Gate Metals verbrennen bei mir seit Monaten(Jahren?) nur Depotgebühren. Warte diese möglichen News noch ab und werde weiter sehen. Vorerst kaufe ich nichts mehr dazu, bin aber immer noch zuversichtlich  ..  RalfBau  woher hast du diese News?

wir werden es sehen..

 

25.10.10 21:01

673 Postings, 6596 Tage RalfBau@penski

Hab die Infos direkt vom Management bekommen! Es wird spätens Mitte November beim "Poplar Projekt" gebohrt!  

28.10.10 18:22

673 Postings, 6596 Tage RalfBauWas ist denn in Kanada los???

http://www.stockwatch.com/Quote/Detail.aspx?symbol=LGM&region=C

Die nachfrage steigt langsam an ! PLUS 14%%%%%%% nun 0,65CAD$ OHNE News!

 

28.10.10 21:20

673 Postings, 6596 Tage RalfBauPlus 21%

Einsteigen...die 1CAD$ - Marke wird jetzt in Angriff genommen!  

29.10.10 14:17

673 Postings, 6596 Tage RalfBauvorbörslich sieht es verdammt gut aus in Kanada

Ich sehe ein Kursziel von 2€ aus Sicht von 1-3 Monaten.  

02.11.10 17:17

673 Postings, 6596 Tage RalfBauHammer-News! Plus 20% in kanada!

Lions Gate Confirms ROK Coyote Joint Venture
11/2/2010 9:31:39 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Nov 02, 2010 (MARKETWIRE via COMTEX News Network) --

LionsGate Metals Inc. (TSX VENTURE: LGM) ("Lions Gate" or the "Company") ispleased to announce it has agreed to amend and to extend the term of theletter of intent with Firesteel Resources Inc. ("Firesteel") originallysigned January 21, 2010. (announced in a News Release dated January 25,2010).

Lions Gate Metals Inc. ("Lions Gate") will be granted anexclusive option (the "Option") to acquire seventy-five percent (75%)interest in the ROK-Coyote mineral property comprised of the claimslocated in the Stikine Arch region of northwestern B.C. about 8kilometres southeast of the Iskut Village on Highway 37 and 12kilometres west of the BC Rail extension road bed. The LOI supersedesand replaces a formal offer made by Lions Gate to Firesteel in a letterdated December 8, 2009 and the Letter Agreement between Firesteel andLions Gate dated January 21, 2010 pursuant to which Firesteel granted toLions Gate a sole and exclusive option to acquire up to a 75% interestin and to the ROK Property (collectively, the "LAs").

The Agreement provides for the following payments:

--------------------------------------------------
----
Cash to Lions Work
Firesteel Gate Commitment
Date (Cdn$) Shares (Cdn$)
--------------------------------------------------
On Execution of the LOI dated January 21, $ 50,000 0 0
2010 PAID
--------------------------------------------------
On later of execution of Formal Agreement or $121,000 50,000
receipt of TSX-V approval (Effective Date)
--------------------------------------------------
Year 1 Anniversary of Effective Date $ 50,000 50,000 $ 350,000
--------------------------------------------------
Year 2 Anniversary of Effective Date $ 75,000 100,000 $ 450,000
--------------------------------------------------
Year 3 Anniversary of Effective Date $100,000 200,000 $ 700,000
--------------------------------------------------
Year 4 Anniversary of Effective Date $100,000 250,000 $1,000,000
--------------------------------------------------
Total $496,000 650,000 $2,500,000
--------------------------------------------------



Thecash payments of $50,000, which has already been paid and of $121,000which is payable on the Effective Date shall be credited towards LionsGate work commitments on the Property.

Firesteel may acquire a 5%interest in the Property by paying Lions Gate $200,000 which, ifexercised, would result in the ownership being 70% Lions Gate and 30%Firesteel.

The Agreement is subject to the approval of the TSX-V.

Theparties acknowledge Brett Resources Inc. had filed a writ of summonsand statement of claim against Firesteel in relation to the ROKProperty. Firesteel and Brett have reached an agreement, under whichBrett has agreed to cease all litigation against Firesteel and todismiss the Brett Claim in exchange for the reimbursement ofapproximately $119,243 spent by Brett for exploration work on the ROKProperty in 2009.

The Property is adjacent to and immediatelynorthwest of the Imperial Metals Corporation's Red Chris copper-golddeposit (with measured and indicated resources of 489.1 million tonnesat 0.43% Cu and 0.42 g/t Au, at 0.20% Cu Cutoff, as reported on page 89of Imperial Metals' Technical Report: 2010 Exploration, Drilling andMineral Resource Update dated May 19, 2010). In a news release datedAugust 5, 2010 Imperial Metals also reported the Red Chris Drill holeRC09-393 returned 317.5 metres grading 1.08% copper and 1.46 g/t goldwithin a 1,112.5 metre mineralized section grading 0.54% copper, 0.61g/t gold. Firesteel has reported that the Property covers a copper-goldporphyry target located within a large hydrothermal sulphide systemmeasuring at least 9 sq. km. atop the Tanzilla Plateau. Access to theProperty is easily gained from Hwy. 37 along the west side of the claimgroup or from the Ealue Lake secondary road which crosses the southernhalf of the Property in an east-west direction.

Property geologyis reported as Lower Jurassic, Hazelton Group volcanics and sedimentsintruded by Early Jurassic, hornblende quartz monzonite and syeniteplugs and dykes. Copper-gold mineralization is related to emplacement ofthe intrusives. Post mineral, barren Hazelton volcanics cap part of thesystem. Alteration includes well mineralized quartz stockworks &intense potassic alteration passing outward to phyllic and propyliticalteration assemblages.

Exploration work on the Property datesback to 1929 when copper was discovered at the Klappan Rose showing.Between then and the 1970's, when Texasgulf discovered the Red Chrisdeposit, exploration was intermittent and minimal. After the discovery,there was a period of increased exploration activity but it was largelylimited to prospecting, geological mapping and some localizedgeophysical surveys.

About Lions Gate Metals

Lions Gate isa Canadian based, junior resource company focused on the exploration,development, and acquisition of both advanced and early stage mineralprojects. Lions Gate owns 100% of three substantial copper andmolybdenum projects located in British Columbia. Lions Gate's flagshipproject is the Poplar porphyry copper molybdenum deposit near Houston,BC. The Huckleberry Mine, located approximately 35 kilometres southwestof the Poplar Deposit, produces copper and molybdenum from a deposit ofsimilar age and setting.

Technical Information contained in thisnews release has been reviewed and approved by Andrew Gourlay, P.Geol.,Vice President of Exploration who is a Qualified Person as defined in NI43-101.

Sincerely on behalf of the Board of Directors,

Arni Johannson, CEO and Chairman of the Board

Lions Gate Metals Inc.  

02.11.10 17:21

673 Postings, 6596 Tage RalfBauDirekt neben Imperial Metals " Red Chris"

The Property is adjacent to and immediately northwest of the Imperial  Metals Corporation's Red Chris copper-gold deposit (with measured and  indicated resources of 489.1 million tonnes at 0.43% Cu and 0.42 g/t Au,  at 0.20% Cu Cutoff, as reported on page 89 of Imperial Metals' Technical  Report: 2010 Exploration, Drilling andMineral Resource Update dated May  19, 2010). In a news release datedAugust 5, 2010 Imperial Metals also  reported the Red Chris Drill holeRC09-393 returned 317.5 metres grading  1.08% copper and 1.46 g/t goldwithin a 1,112.5 metre mineralized section  grading 0.54% copper, 0.61g/t gold. Firesteel has reported that the  Property covers a copper-goldporphyry target located within a large  hydrothermal sulphide systemmeasuring at least 9 sq. km. a top the  Tanzilla Plateau. Access to theProperty is easily gained from Hwy. 37  along the west side of the claimgroup or from the Ealue Lake secondary  road which crosses the southernhalf of the Property in an east-west  direction.

 

08.11.10 20:21

673 Postings, 6596 Tage RalfBauEinsteigen ;-) Kurs in kanada zieht nach oben

1Dollar Marke werden wir sehr bald überspringen!  

09.11.10 12:46

673 Postings, 6596 Tage RalfBauDie aktuelle Präsentation

06.12.10 21:45

246516 Postings, 6816 Tage buraney Du Ralf

ich glaube Dein shuttle schmiert ab
das Dumme dabei
ich sitze mit drin
auha...
Ralf,Jung,push!!!  

09.12.10 20:50

246516 Postings, 6816 Tage buranich mein ja nur,ist doch Ralf sein Geld

...meines auch,ich kriege sie alle platt*ggg*
war nicht sonderlich viel,wenn es hoch kommt nen Tausender,2 Russenweiber und nen Ödeldödel
mir macht's wenigstens Spass,Madga fetzt
@Ralf
wievel Weiner achst Du so platt?  

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