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Lakeland Resources Inc.

11:42 AM EST - Lakeland Resources Inc. : announced that planning of a 1,500-metre Phase One drill program at the Gibbons Creek and Star Properties is finalized. The company is in receipt of the necessary permits to carry out the work program; a drilling contract has been negotiated; and the company currently is fully funded to complete the work. The drill program will commence as soon as winter ground conditions permit. Lakeland Resources Inc. shares V.LK are trading unchanged at $0.08.