It contains a hotel, a cafe, and roadhouse and a small store. The main products are peanuts, maize, sorghum and cattle, coffee, tea and tropical fruits.
1873 in association with Christie Palmerston they prospected on the newly discovered (1873) Palmer goldfield, shortly thereafter with Robert Sefton finding traces of gold on the Batavia River (now known as Wenlock River). The gold rush of Batavia River began 1892 culminating in 300 diggers.
1876 Lakeland with Sefton and other men, discovered the Coen goldfield and in 1878 they mapped-out and cut a track, along which a rush took place from Cooktown and the Palmer.
He discovered the Hamilton River and the Claudie River rising in the Janet Range and flowing south-easterly into Lloyd Bay. The Claudie was named for his son Claude Lakeland. He assisted J. T. Embley in his surveys on Cape York Peninsula in 1884-1885.
In 1887 he, in company with men named Mr. Bowden and Mr. Dickie, located wolfram on a field, between the Pascoe River and Canoe Creek, later called Bowden Field.
In 1888 he came upon a rich reef which is now known as Iron Range.
He died alone in 1920 while travelling on horseback from Coen to Mount Carter (Iron Range). Supplies exhausted, he attempted to return to Coen lost his way and died. A saddle, other articles and human remains were found in 1923.
He is commemorated in 1924-1925 by a marble headstone at the spot where his remains were found and interred; the headstone was conveyed for many miles over some of the roughest country in the Cape York Peninsula on a horse-drawn bush-sled made from the forked limb of a tree.
His widow died at Cooktown in 1949 aged 90 years.