"It's not about the number of tons you mine. It's about the number of dollars you keep."   

LKA acquires and develops properties in politically stable jurisdictions capable of yielding high profit margins even during volatile economic conditions. The Company looks for projects in advanced stages of exploration that can generate a cash flow within a relatively short period of time. 
                                                                                                              
With a production history of 139,415 ounces of gold at an astonishing  average ore grade of 12.6 ounces (358 grams) gold per ton and an average production cost of less than $150 per ounce, LKA has proven that, with the right properties and management team, enormous capital investment and muti-decades of development are not necessarily required to achieve profitable gold production.

Exploration at LKA's Golden Wonder mine continues to yield exceptional ore grades and project profitability as the Company attempts to re-establish high-grade reserves and return to commercial production.  LKA believes its exploration strategy is highly effective in
minimizing investor risk while providing an unparalleled opportunity.                                                                                                                     (what the experts have to say)                                                                     
                                                                    
GW Ore Shipments  
      LKA Issuer Presentation - May 2013  

Company Milestones:

Q-1 2013
- Golden Wonder exploration ore shipments up 90% over year-ago period.

Q-4 2012 - Second Consecutive Year of Exploration Profit. Up 147%


Q-4 2012 - 2012 Gold sales from exploration up 100% over previous year.

Q-3 2012
- Net gold sales from exploration program hit $3.2 million.  
 
Q-3 2012
- LKA reaches agreement with all Company note holders to convert $1.5 million in debt to equity. All long-term financial obligations extinguished.

Q-2 2012
- Gold ore sales increase 337% over year-ago period as LKA records its second profitable quarter since exploration program began. Only profitable gold exploration company in mining sector. 

Q-1 2012
- First quarter ore deliveries (bulk samples from exploration) up 183% over year-ago period. Grade continues to rise (2.48 oz. per ton) as ore sales continue to cover expense of Golden Wonder exploration program.

Q-4 2011
 - Gol
d values from exploration exceed $1.27 million for the year and produce a profit at the "project level" for 2011.

Q-4 2011 - LKA and Premier Gold Mines (PG:TSX) sign agreement to expand Golden Wonder exploration across a much wider area beyond the current workings.

Q-3 2011 -  Gold ore sales from exploration result in the Company's first profitable quarter.

Q-1 2010 - A bulk sample of 128.6 tons was shipped to the Echo Bay-Kinross milling facility in Republic, WA. The average ore grade was 2.04 ounces ( 57.83 grams) gold per ton.

Q-3 2009 - LKA establishes the existence of high-grade gold bearing structures 100' beyond previous production zone. Over forty vein samples in this area yielded average assays of 16.92 ounces gold per ton.

Q-2 2009 - LKA's first bulk ore sample of 88 dry weight tons shipped to Teck-Cominco's smelter in Trail, B.C.
This first bulk sample averaged 3.85 ounces (109 grams) per ton.


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