The West Timmins Gold Project consists of two blocks totaling 832 hectares in 52 claims and is strategically located adjacent to Lakeshore's 1.2M ounce Timmins Mine Project and less than 800 metres from Lakeshore's and WTM's recent high-grade gold intersection (83.4m at 12.75 g/t Au) in the Rusk Zone on the Thunder Creek Joint Venture. WTM has an option to earn a 55% interest in the West Timmins Gold Project by completing $1,000,000 in exploration expenditures and making cash and share payments over a 4-year period ending in June 2010. WTM can earn a further 15% by presenting a 43-101-compliant resource report within two years of vesting their 55% interest and making additional cash and share payments.

Therefore WTM... IE LSG had only to spend $1,000,000 before June 2010..... This was a chump change deal that essentually gave away 55% of potentially an extension to the LSG mining operation for essentually nothing.... Chump change deal which should have been nixed on the first oportunity...May have been a good deal at $400 gold but gold is $1400 now!....JMHO