High Grade Samples from Eliza Silver Project
NEWS RELEASE
Lakewood Exploration Reports High Grade Surface Samples, Including 1540 g/t Silver and
6.88% Copper; and 1410 g/t Silver 5.41% Copper at Eliza Silver Project in Nevada
Vancouver, British Columbia / September 9, 2021 – L akewood Exploration (CSE: LWD / OTC:
LWDEF) (“Lakewood” or the “Company”) is pleased to report high grade surface samples fr om the
Company’s recently acquired Eliza Silver project in Nevada.
A total of 11 samples were collected from the Eliza claim block in an area adjacent to the past-produc ing
California Mine, from which a nearly 25,000 g/t silver sample was collected from surface in 1965, but never
followed up.
Highlights from the sampling program include:
● 1,540 grams per tonne (g/t) Silver (Ag), 6.88% copper (Cu), 4.57% lead (Pb), 7.38%
zinc (Zn) ( See Figure 2.)
● 1,410 g/t Ag, 0.23 g/t Au, 5.41% Cu, 9.05% Pb, 26% Zn (See Figure 3.)
Table 1. Complete Sample Table
Figure 1. Area Map: Near Historic California mine.
Figure 2. Sample From Eliza Property ERZ 008 Figure 3. Sample from Eliza Property ERZ 007
“We are very pleased with these initial results fro m our first field program at the newly acquired Eli za
Project, which has never before been explored using modern exploration technology or approaches,” stated
President, Morgan Lekstrom. “To obtain excellent s ilver, copper, lead and zinc values from this initi al
sampling demonstrates the potential for significant mineralization across our property. We will use th is
information in addition to more detailed surface work, which is currently underway, to define drill targets
later this year.”
Qualified Person
Technical aspects of this press release have been r eviewed and approved under the supervision of Phili p
Mulholland, P.Geo. Mr. Mulholland is a Qualified Pe rson (QP) under National Instrument 43-101
Standards of Disclosure for Mineral Projects.
About Lakewood Exploration Inc.
Lakewood Exploration Inc. is a junior resource company advancing the past-producing Silver Strand Mine
in the Coeur d’Alene Mining District in Idaho, USA, both the Eliza Silver Project and the Silverton Silver
Mine in one of the world’s most prolific mining jurisdictions in Nevada and the Lacy Gold Project in British
Columbia, Canada. The Company is rapidly advancing towards an initial drill program at Silver Strand with
the aim of defining a large silver resource within a belt that has produced more than 1.2 billion ounc es of
silver to-date. Geologic studies indicate that the Silver Strand Mine is hosted by the Revett formatio n,
suggesting the potential for significant down dip e xtensions as demonstrated by other major mines in t he
district. Previous operators were solely interested in developing the known shallow mineralization, with the
mine’s lowest level extending only 90 meters below surface. Lakewood strives to become a multi-mine
silver producer.
*Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization
hosted on the Company’s property.
On Behalf of the Board of Lakewood Exploration Inc.
Morgan Lekstrom, President
Corporate Office: 551 Howe Street, Vancouver, British Columbia V6C 2C2, Canada
Contact: Kristina Pillon, President, High Tide Consulting Corp.
604.908.1695 / [email protected]
The CSE does not accept responsibility for the adequacy or accuracy of this release.
The Canadian Securities Exchange has not in any way passed upon the merits of the Proposed Transaction
and has neither approved nor disapproved the contents of this press release.