Douglas Lake Minerals Inc DLKM

Key Phrase From 8K

[MontyHigh]

"the right to enter, sample, drill and otherwise explorefor minerals on the property underlying the Prospecting Licenses asgranted by the Government of Tanzania under the Mining Act of 1998 andany other rights covered by the Prospecting Licenses"

Any way to verify that this includes the right, after the proper permits are obtained, to actually mine what gets found? I presume it does, but the wording is not very clear.

Monty

[flyer4]

Tanzanian Mining Act Presented here is a brief summary of the two types of mineral rights granted under the Mining Act, 1998, supplemented as necessary from the Mining Regulations, 1999. Prospecting Licenses : Pursuant to Division A of Part IV Section 24 of the Mining Act, Prospecting Licenses can be obtained for

[Des1302]

Monty, The joint venture includes revenues and profits.. look under section (I) for the definition of joint venture https://www.sec.gov/Archives/edgar/data/1297223/000118374008000420/image615.jpg and look at section (II) part Ahttps://www.sec.gov/Archives/edgar/data/1297223/000118374008000420/image616.jpg So basically the current land owners will get 1.5MM and