LAKEWOOD MINING CO. LTD.

1756 246th Street, Langley, B.C.   V2Z 1G4

Tel: (604) 514-0041     Fax: (604) 514-9702

 

 

TSX.V: LKW                                                                                        

 

 November 23, 2006

 

 

 

NEWS RELEASE

 

A diamond drill has been moved to the Wood Property, Kamloops, B.C. to test an Induced Polarization anomaly which correlates with a gold/copper  M.M.I. soil sampling anomaly.

 

The anomaly is located at the northwest corner of the Wood Group of claims, approximately 3,000 meters southwest of New Gold Inc’s mineral deposit. (NGD)

 

The Wood Property is owned and operated in a 50/50 joint venture with Green Valley Mine Incorporated  (TSX.V: GVY)

 

Lakewood Mining Co. Ltd.

 

Per:

 

“Charles Boitard”

Charles Boitard

President

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release