Transaction To Acquire Eliza Silver Project And Silverton Silver Mine Completed

VANCOUVER - Lakewood Exploration Inc. has completed the transaction to acquire 100% of the issued and outstanding shares of BCCO 1304562 B.C. Ltd. (BCCO), including 100% interest in the Eliza Silver Project and the Silverton Silver Mine Eliza Silver Project and Silverton Silver Mine.

"With the closing of this transaction, our exploration team is now able to commence an initial geological program to identify high priority targets at both of these assets, neither of which have been explored using modern exploration methods such as geochemistry and geophysics,” said President, Morgan Lekstrom. “The existing historic underground workings, historic production and sampling results outline numerous areas of surface mineralization, which will be our initial focus as we continue our data-driven approach to expanding target areas.”