posted
Clive King M.Sc., Senior Geological Consultant, Joins Lake Victoria to Accelerate Mineable Discovery of Gold in Tanzania
GOLDEN, COLORADO -- (Marketwire) 05/11/10 Effective immediately, Mr Clive King is joining Lake Victoria Mining Company, Inc. (OTCBB: LVCA) as Senior Geological Consultant and Technical leader. Mr King's leadership will be instrumental in moving the Company's gold projects forward through accelerated exploration programs in order to unlock shareholder value through mineable discovery of gold within Tanzania. During the first week of May, Mr King conducted field visits to Lake Victoria Mining Company's Singida, Kinyambwiga and Kalemela gold projects
IP: Logged |
posted
With its proven and experienced management, local knowledge and integration, and highly prospective gold properties, Lake Victoria Mining Company, Inc. represents a unique, early stage opportunity for qualified investors to participate in the creation of another gold mine in the world class Lake Victoria Greenstone Belt in Tanzania, East Africa.
IP: Logged |
posted
The focus of the company is to adhere to its acquisition criteria and only acquire prospecting licenses that can be developed into proven reserves or productive gold mines.
IP: Logged |
posted
Mr Magoma is a director in Lake Victoria Mining Company and also heads up a team of geologists that is based in the United Republic of Tanzania.
With 15 years of experience as a senior field and project geologist with some of the largest mining companies like Barrick, Randgold and Maiden Gold, Mr Magoma is fully capable of leading a powerful team in exploration and mining.
IP: Logged |
posted
The key objective of Lake Victoria Mining Company, is to identify and acquire mineral resource properties that have a high potential for a proven reserve, and to establish one or more proven reserves and progress from a resource and exploration company to a producing mining company.
IP: Logged |
posted
Lake Victoria Mining Company’s success in Tanzania has been built on professional and personal respect in all its dealings. As a company, it guides it’s conduct by principles, such as honesty, integrity, loyalty and human kindness.
IP: Logged |
posted
All employees and management will strive to act only in the best interests of the company. Any conflict of interests, which will make it difficult for an employee or management to act in the best interests of the company should be avoided.
IP: Logged |
posted
LVCA: Geophysical surveys including detailed ground magnetometer and electrical gradient array Induced Polarization (IP) surveys were carried out across the Singida project area of Lake Victoria Mining Company during the latter part of 2009 and the first three months of 2010. Both surveys were successful in revealing the overall structural fabric as well as the possible existence of additional gold bearing, quartz veins within the project area. The project area, located over the southern end of the Sekenke greenstone belt in central Tanzania , is approximately 94km SE of the town of Singida and some 660km, by road, NW of the capital city, Dar es Salaam.
IP: Logged |
posted
More LVCA NEWS:Lake Victoria's Live Conference Call Today at 4:05PM EST Will Discuss the Company's Strategic Plans and Focus With President, Dr. Roger Newell Ph.d and Clive King, Senior Geological Consultant
Companies:Lake Victoria Mining Company, Inc. Related Quotes Symbol Price Change LVCA.OB 0.4000 -0.1200
Press Release Source: Lake Victoria Mining Company, Inc. On Tuesday May 25, 2010, 1:02 pm GOLDEN, COLORADO--(Marketwire - 05/25/10) - (OTC.BB:LVCA - News) - Lake Victoria invites the first 96 callers to join the company's President, Dr. Roger Newell and Clive King, Senior Geological Consultant, today live, to hear the company's strategic plans and focus for the next 3 months, 6 months and one year.
Answers to the following questions and more will be discussed:
Where is the Company's focus?
Is the Company focused solely on the Singida-Londoni gold project or is there other potential within Lake Victoria's property portfolio?
Does the company's management have what it takes to lead the company to financial success?
How soon does the company expect to have a gold reserve?
What can shareholders look forward to over the next 12 months?
Join us live today Tuesday, May 25, 2010 at 4:05 PM EST by calling: 1-218-336-3900 Room: 767741#
About the Company
Lake Victoria Mining Company, Inc. is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana. Lake Victoria holds eleven prospective gold projects and five uranium projects within its Tanzania property portfolio. Additional information regarding the Company is available on the corporate website at: http://www.lakevictoriaminingcompany.com/.
Disclaimer: This news release may contain forward looking statements, relating to the Company's operations or the environment in which it operates, which are based on Lake Victoria Mining Company, Inc.'s operations, estimates, forecasts and projections. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict, and/or beyond Lake Victoria Mining Company, Inc.'s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should not place undue reliance on such forward-looking statements. Lake Victoria Mining Company, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or any other conditions that may arise.
Contact: Contacts:Lake Victoria Mining Company, Inc.Dr. Roger A. Newell303-586-1390info@lvcamining.comhttp://www.lakevictoriaminingcompany.com/
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
