Zimtu Capital is pleased to report that this Thursday, August 19, 2010, Lakeland Resources Inc. commenced trading on the TSX Venture Exchange under the symbol “LK”.

Zimtu Capital led the successful completion of Lakeland’s qualifying transaction, private placement financing and reinstatement for trading.  Zimtu acquired 2,150,000 common shares of Lakeland equal to 14% of Lakeland’s issued and outstanding shares. 

Jon Armes, President of Lakeland based out of Toronto was in Vancouver this week with the Zimtu team as the company opened for trading. 

Lakeland is focused on gold exploration in Canada.  The company is at the early stages of the value creation process and will acquire and advance gold project opportunities in Canada. 

Lakeland has 15,345,000 shares outstanding.  A stock quote is available HERE

Ryan Fletcher
Director
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Cell: 604.999.5603
Fax: 604.681.8240
http://www.zimtu.com

Darren Smith, Eldor Project Geologist recently sent the following set of photos from the field.  Enjoy!

Sarah, Ashley, and Zack

Ashley Working in the Core Shack

Drilling Hole EC10-029

Fresh Core in the Field

Geologist Rob Renz

Mireille - Geotech

Helicopter Approaches

Eldor Bush Suits!

Camp Cooks Trina and Joasie

Master Core Cutter Patrick L. from Kuujjuaq

Fieldwork and Bush Gear

Core Sample Marking

Student Geologist Anna and Zack the Pilot

Always Hard at Work Darren Smith, Project Geologist Checks Emails on IPhone

Thank you Darren!

Sincerely,

Ryan Fletcher
Director
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Cell: 604.999.5603
Fax: 604.681.8240
http://www.zimtu.com

We have included a link to the article below:

British Columbia Rare Earths and Rare Metals Staking Rush Underway

CLICK HERE TO VIEW
by Ellsworth Dickson
August 2010
Resource World Magazine

We are encouraged to see Zimtu Capital as well as rare earth elements continuing to gain attention in the media.

Sincerely,

Kevin Bottomley
Shareholder Services
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Fax: 604.681.8240
http://www.zimtu.com

In the case of Trivello Energy Corp. we did not create a new company but we grasped the opportunity to restructure – or should we better say to reinvent - Trivello almost from scratch. Over the last couple of months we bought out the old management and brought on new people with good names in the industry such as the former head of SGS Lakefield and the president of Strathmore Minerals. At the same time we strengthened Trivello’s asset base by vending in two properties, the historic Tom Gold Mine and – more importantly now – the Day Property, a copper-gold porphyry project in the middle of one of British Columbia’s most prolific copper-gold exploration regions.

Northgate Minerals (TSX:NGX) Kemess South Mine

The Day Property in the Toodoggone appears to have the right ingredients that are needed to make an early stage exploration project successful: the location is 50 kilometers south-east of the Kemess South mine and 150 kilometers north of Mt. Milligan, both are major gold-copper deposits.  The historical gold and copper grades that were found by Falconbridge in the early 70’s are up to three times as high as the grades that are mined nearby. This means that further exploration could afford a decrease of the average grades and still make the project look attractive in this part of the world.

Drilling at Terrane Metals (TSXv:TRX) Mount Milligan Project

We think that the Day property is one of those assets that a junior exploration company should own to start with. It’s going to be an exciting experience to see Trivello move forward on this new foundation.

On closing of the Day property transaction Zimtu Capital will own 7.4 million shares of Trivello.

For more information on Trivello visit the corporate website at http://www.trivello.com 

Trivello Energy Corp.
Symbols: (TSXv:TRV) (FSE:T6U1)
Current Price: C$0.10
Shares Outstanding: 24,534,822
Fully Diluted: 37,797,322
Market Capitalization: C$2.5 Million
52 Week Range: C$0.03-0.125

Sincerely,

Sven Olsson
Director
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: +49 7161 290 967
Email: solsson@zimtu.com
http://www.zimtu.com

Commerce Resources Corp. (TSXv: CCE) (FSE: D7H), one of Zimtu Capital’s holdings, recently reported that exploration programs are in progress at both the Carbo and Blue River Properties in British Columbia :

June 30, 2010 – Blue River Tantalum-Niobium Project Exploration and Development Update

July 8, 2010 - Carbo Rare Earth Project Exploration Update

Commerce’s Carbo Project is under a joint-venture agreement with Canadian International Minerals Inc.  Michael Schuss, President of Canadian International recently stopped by our office to share photos from the ongoing field program.

Photos and captions below: 

The Carbo exploration team studies maps before heading into the field

Rare Earth Elements at the Carbo Project are hosted in a rock type known as a Carbonatite. Geologists use instruments called Scintillometers to identify them.

Michael Schuss, President of Canadian International Minerals in the field

Michael Schuss, President of Canadian International studies rock outcrop with geologist

Vancouver locals may recognize the man in front of outcrop above…

Soil samples bagged and tagged for analytical testing

Family photo: Carbo field crew

Good luck to all those exploring British Columbia this summer.

I have also included a map with all of the ongoing rare metal exploration in British Columbia below:

Rocky Mountain Rare Metal Belt

Last week a friend from a local merchant bank emailed me a short report titled “Why Gold is Definitiely not a Bubble.”

I have reposted the article below, as it brings up some interesting points and statistics:

——————————————————————–

Special Report Gold

Why gold is definitely not a bubble

Only 0.8% of all financial assets are allocated to gold

Many market participants and commentators are obviously having a hard time distinguishing between a bull market and a bubble.  More and more articles are referring to the imminent burst of the “gold bubble” and to an alleged “crowded trade”.  But are the authors of these articles crying wolf?

The facts quickly put the fear-mongering into perspective.  Currently some 0.8% of all global financial assets are invested in gold, gold shares, and ETFs.  In 1932 the allocation was 20%, and in the last bull market at the beginning of the 1980s it was 26%.  If a total of 2% were allocated to gold, the additional demand would amount to about 85,000 tonnes – or the total global mining output of almost 34 years.  Granted, this is only a numeric model, but it illustrates how unfounded the myth of a gold bubble is.  According to an old saying, one tends to see the bubbles wherever one is not invested.

Amex Gold Bugs index with a market capitalization of USD 200bn

The capitalization of the equity market makes a similar point.  Currently the Gold Bugs index is valued at close to USD 200bn.  The index contains the 16 largest unhedged gold and silver producers. So it is definitely representative for the industry.  In comparison with the S&P 500, the market capitalization of the most important gold and silver producers is minute.  As of the 20th of May it accounted for 1.9% of total market capitalization.  Even the capitalization of Exxon Mobile alone is 50% higher than all 16 shares of the Gold Bugs index combined.

Sources: Silberjunge.de, Erste Group Research

Sincerely,

Ryan Fletcher
Director
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Cell: 604.999.5603
Fax: 604.681.8240
http://www.zimtu.com

I have included a link to the article below:

CLICK HERE TO VIEW

We are encouraged to see Zimtu Capital as well as rare earth elements gaining greater attention in the media.

Sincerely,

Kevin Bottomley
Shareholder Services
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Fax: 604.681.8240
http://www.zimtu.com

Photo: Elk Creek, Nebraska - Population 116

Elk Creek is a significant transaction for our company and shareholders.  Last week, just before the transaction was announced one of the parties involved explained that the acquisition of the project “reads like a plot for an Indiana Jones movie.”

Photo: Dan Mershon Landman Wolcott LLC
            Erin Chutter, Quantum Rare Earth
            Ryan Fletcher, Zimtu Capital

The Elk Creek acquisition began in August of 2009; when Zimtu along with several partners decided to pool capital and talents together to acquire the project which was described by the US Geological Survey as having the “potential to be one of the largest global resources of niobium and rare earth elements.”

Photo: Erin Chutter, Quantum Rare Earth
             Dan Mershon, Wolcott LLC
             Lavon Heidemann, State Senator Nebraska

For the unfamiliar, niobium is primarily used as an alloy for the production of harder and greater load-bearing steel.  It is used, for example, in the manufacture of bridges, buildings, oil and gas pipelines, and car frames.  Rare earth elements, on the other hand, are used in the production of a number of modern devices from cell phones and laptops to hybrid cars and flat screen televisions. 

The project was previously explored by Molycorp, Inc. in the 1970s and 80s and is host to a historic resource (non 43-101 compliant) of 39 MT of 0.82% Niobium (Nb2O5).  For comparison, North America’s only niobium mine, IAMGold’s Niobec has proven and probable reserves of 32 MT of 0.56% Nb2O5.  For more information read the News Release dated May 4, 2010.

Photo: Landowners Elda and Bev Beethe and old Molycorp Core Shack

What made the acquisition of the project so interesting was that over thirty separate landowners from the community of Elk Creek had to execute lease agreements and that each agreement was dependent on another.   

After many twists and turns, nine months, several competitors and many trips to Nebraska later, the acquisition was complete.  The project took significant focus and effort from our team and partners; many new friendships and relationships were built in Nebraska, Elk Creek, North America, and Europe. 

Photo: Geologists Neil McCallum and Mike Cathro examining old Molycorp Core

Shortly after the announcement was made the story was picked up on the cover of the largest newspaper in the State of Nebraska the Omaha World-Herald.  A link to the story “High-tech Buried Treasure” is included below:

High-tech Buried Treasure
by Paul Hammel
Omaha World-Herald
May 5, 2010

Peter Dickie, President of Quantum was also invited to be interviewed by BNN; Canada’s largest 24-hour business news network.  Link below:

View Video Clip

The Elk Creek Project and our ownership in Quantum represent a significant source of value for our shareholders.  The acquisition of the project was a great experience; many contributed to its success and strong friendships and relationships were created.  As they say “nothing good comes easy.”  With the acquisition complete, we look forward to the exploration and development of the project.

Sincerely,

Ryan Fletcher
Corporate Development
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Cell: 604.999.5603
Fax: 604.681.8240
http://www.zimtu.com

Last week Objective Capital hosted its Rare Earth, Specialty & Minor Metals Investment Summit in London.  Zimtu Capital was well represented at the event with two related companies: Commerce Resources Corp. (TSXv:CCE) and Quantum Rare Earth Developments Corp. (TSXv:QRE) making presentations. 

Most of our long term investors and shareholders are familiar with Commerce Resources.  It was the first company that our organization created, is managed by our office, and is a core holding within our investment portfolio.  Chris Grove, head of Corporate Communications, updated the audience on the Blue River Tantalum and Niobium Project in British Columbia and how the company is progressing towards becoming a stable, long-term, conflict-free, source of tantalum supply for the global markets.

Peter Dickie, President and CEO of Quantum Rare Earth Developments Corp. also made one of the company’s first European presentations.  Quantum is a newly formed company that acquired the Archie Lake Rare Earth Project from Zimtu Capital in September of 2009 and recently announced the acquisition of the Jungle Well and Laverton Projects in Western Australia in which Zimtu was involved as well. 

Through our property transactional services Zimtu has been aiding the development and growth Quantum and the company is a core holding within our investment portfolio.  Peter provided an overview of the Archie Lake Project and outlined the company’s longer term growth strategy.

I have included videos of their London presentations below:

Quantum Rare Earth Developments - “The Archie Lake REE Property in Saskatchewan”

Quantum Rare Earth Developments Corp.
Symbols: TSXv:QRE FSE:BR3
Shares Outstanding: 24,000,000
Current Price: $0.46
Market Capitalization: $11 Million
http://www.quantumrareearth.com

Commerce Resources - “Developing Conflict-free Supplies”

Commerce Resources Corp.
Symbols: TSXv:CCE FSE:D7H
Shares Outstanding: 130.6 Million
Current Price: $0.315
Market Capitalitalization: $41 Million
http://www.commerceresources.com

Over the last several months, we have work diligently to locate and identify project opportunities in the rare earth and rare metals space.  We continue to identify projects to build the companies we are involved with and make available for sale or joint-venture.  It was great to see the strong representation Zimtu had in London; and the progress being made on our early project acquisitions. 

Sincerely,

Ryan Fletcher
Corporate Development
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Cell: 604.999.5603
Fax: 604.681.8240
http://www.zimtu.com

Frankfurt Stock Exchange

Over the last 12 months, I have talked with many executives about the who-what-where-when-why of the German market. Companies listing on the Frankfurt Exchange should understand that while you could benefit from the broader exposure, it also brings with it new responsibilities. For example, the translation and dissemination channels for news releases and corporate updates.

Being the contact at Zimtu Capital and Commerce Resources Corp. for many of our German shareholders, I have also found numerous differences between the German-speaking and the North American investment communities. To bridge these communities, public company executives must commit to making themselves available to institutional and retail investors to answer questions and update on the company’s developments. This exchange should basically become their second home. In both markets, investment decisions are mainly based on trust, and trust needs to be earned. 

Peter Dickie - President of Quantum Rare Earth (photo courtesy of Objective Capital)

If Quantum can prove their commitment, they will stand out from the sea of dual-listed resource companies currently listed on the Frankfurt Exchange. This is a position which could be rewarded with long-term shareholder loyalty and support. 

I wish them all the best and great success on the Frankfurt Exchange.

Sincerely,

Tamara Faust
Shareholder Services
Zimtu Capital Corp.
Suite 1450 - 789 W Pender St .
Vancouver , BC V6C 1H2
Tel: 604.681.1568
TF: 1.877.377.6222
Fax: 604.681.8240
http://www.zimtu.com