11/5/2009 (BAYSTREET NEWSWIRE)

Vancouver, British Columbia, Nov. 5, 2009. 

Shareholders of West Timmins Mining yesterday voted overwhelmingly to approve the friendly takeover proposal by Lakeshore Gold Corp. Following the expected court approval, the combined entity will control over 125 square kilometres of mineral exploration and development rights in the quickly emerging West Timmins Gold District.

West Timmins Mining and Lakeshore have been reporting impressive exploration results recently, including an 83.4 metre intersection grading 12.75 g/t gold from their Thunder Creek project. Results like that, coming from an area generally thought to have poor prospects to host significant gold deposits, have stimulated intense interest in fully examining the potential of the West Timmins camp. 

Several junior exploration companies are focusing their efforts on finding the camp’s next deposit. The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to the availability of interviews with management of a number of these participants, including Lateegra Gold Corp. (TSX VENTURE: LRG) and MPH Ventures Corp. (TSX VENTURE: MPS).

Lateegra Gold Corp. (TSX VENTURE: LRG) has accumulated close to 50,000 acres in the west Timmins Area, making them one of the largest land-holders in the region. Historical data for their properties is currently being compiled and exploration plans developed. Last week Lateegra announced that they were beginning work on their Eastern Extension property located approximately 14 km from the Thunder Creek Project. Included in the program will be 3000 metres of drilling targeted to test certain I.P. anomalies as well geological areas of interest.

Stanlie Hunt discussed Lateegra’s plans for their west Timmins holdings with company president Chris Verrico and director Peter Dickie in our recent Smartstox interview available at http://www.smartstox.com/interviews/lrg.

MPH Ventures Corp. (TSX VENTURE: MPS) has a strong portfolio of properties across northern Ontario, including the West Timmins camp. Late last month they announced they had added the Godfrey Gold property, which lies 9 km to the northwest of the Thunder Creek project, to their holdings. Previous exploration on the property has returned grab samples assaying up to 13.8 oz/t gold. Line cutting, mechanical trenching and ground geophysics is planned for that property late this fall, to be followed by a drilling program. Meanwhile, further to the west drilling has started at MPH's Raney Gold project, to test the downward continuity of previously identified gold mineralization.

Smartstox.com provides investment-related content through video and audio interviews with the management of small cap companies, along with written profiles on those groups. For our full interview line-up, and to listen to the market commentary of top resource stock analysts, visit http://www.smartstox.com.

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