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MINING IN BRITISH COLUMBIA, CANADA COMMERCIAL

Crosslake is Vancouver based exploration and development company focused on precious metals. In 2001, in a market characterized by very low gold prices, the Company acquired the QR Mine from Kinross Gold Corporation. The QR Mine is a fully-equipped 1000 tonne per day facility that was placed on care and maintenance in 1998. Cross Lake is now poised to take advantage of the significant increase in gold prices since that time in restarting the QR Mine in 2006.

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