SmallCapReview - Ten Reasons to Look at LVCA

The Company also announced a new board member. Following find ten reasons to conisder Lake Victoria Mining (OTCBB: LVCA) as an investment.

LVCA Investor Highlights

• Lake Victoria Mining Company, Inc. currently holds an eighty percent ownership interest in the Kalemela Gold Project along with Geo Can Resources Company Limited (Tanzania) a subsidiary of Kilimanjaro Mining Company.

• The Company announced in Mid-September, that they have identified a large gold anomaly in soil samples that covers an area of about 2 km X 6 km at their Kalemela Gold Project. Assay results from the soil samples have ranged from 20 ppb to 144 ppb and have indicated two significant geochemical anomaly trends, northeast and north-south, similar to directions at the Kiabakari and Buhemba gold mines.

• Currently there are over 50 million ounces of proven deposits and five (5) producing gold mines within the Lake Victoria Greenstone Belt. All these proven deposits or operating gold mines are within a 200 km radius of Mwanza in Tanzania.

• Up to 15% of Africa's exploration expenditure has been spent in Tanzania, which is thought to have Africa's largest gold reserves, after South Africa.

• Mining is one of Tanzania's fastest growing sectors. It makes up at least half of the countries foreign exchange earnings each year.

• Geologically, the Kalemmela Gold Project contains classic greenstone lithologies similar to those in currently producing or recently past producing gold mines in the Lake Victoria Greenstone Belt in Tanzania.

• Over the last 12 years, the Lake Victoria Goldfield of northern Tanzania has been recognized as a world-class gold province and five large mines are now in production, with a sixth to open shortly.  For example, the Bulyanhulu deposit, drilled and developed by Sutton Resources was purchased by Barrick Gold in 1999. The Bulyanhulu mine was completed in 2001 and produced 242,575 oz. of gold at a cash cost of $197 per ounce in its first year. The Geita, mine which is a joint venture between Ashanti Gold and Anglo Gold produces 545,000 oz. per annum. Golden Pride owned by Resolute of Australia produces 216,000 oz. per annum.

• CEO - Dr. Roger Newell holds a Ph.D. in mineral exploration from Stanford University, and has more than forty years of experience in the mining industry.  Dr. Newell is renowned internationally for recognizing the potential of the Carlin Trend in Nevada. Under his direction Newmont Mining Company established new exploration programs in Nevada, which ultimately lead to Newmont Mining becoming the 2nd largest gold producer in the world with gold operations yielding over 1,000,000 ounces per year.

• Mr. Magoma is a senior geologist of 15 years. His experience encompasses projects that have been grassroots right through to mining production always focused on gold exploration.  His extensive experience in field geology prepared Mr Magoma to work with the major gold company Barrick and then Randgold, as a project geologist.

Management

Dr. Roger Newell Ph.D. - President

Dr. Roger Newell holds a Ph.D. in mineral exploration from Stanford University, and has more than forty years of experience in the mining industry. Dr Newell also holds an M.Sc. in geology form the Colorado School of Mines and is a past president of the Alumni Association. Dr. Newell is renowned internationally for recognizing the potential of the Carlin Trend in Nevada. Under his direction Newmont Mining Company established new exploration programs in Nevada, which ultimately lead to Newmont Mining becoming the 2nd largest gold producer in the world with gold operations yielding over 1,000,000 ounces per year. 

Dr. Newell served as Vice President, Development Officer and Board Member of Capital Gold Corp (CGLD) from 2000 to 2007. As such he was responsible for much of Gold Corp’s engineering and business development. He also served as President (2000 to 2006) of Gold Corps Mexican subsidiary, Minera Santa Rita. Prior to his time at Capital Gold, he served as Exploration Manager/Senior Geologist for the Newmont Mining Company; Exploration Manager for Gold Fields Mining Company; and Vice President - Development, for Western Exploration Company.

Heidi Kalenuik - Treasurer

Heidi Kalenuik has an extensive background in the precious mineral industry. This includes seven years experience in the diamond industry in South Africa. Owning and operating a multi-million dollar diamond company and cutting works, taking diamonds from rough to polished precious stones and finally into the marketplace. She has traveled through Africa to develop business relations and manage African business interests while trading African precious stones and gold with European and Asian entities. She has three years administrative experience, working with over 150 private and public companies in British Columbia, Canada. The companies ranged from start up to Fortune 500 including a number of resource companies.

Ahmed Magoma - Director - Tanzania

Mr Magoma is a senior geologist of 15 years. His experience encompasses projects that have been grassroots to mining production focused on gold exploration. His experience has included working with Tanex, a subsidiary of DeBeers and other South African companies as a field geologist. Working with the Ministry of Minerals in Tanzania for a time to study the techniques of small-scale miners to enhance their production. His extensive experience in field geology prepared Mr Magoma to work with the major gold company Barrick and then Randgold, as a project geologist. Prior to joining Lake Victoria Mining Company Mr. Magoma was senior project geologist at Tanzanite Africa. Mr Magoma has a Bsc. in Geology from the University of Dar es Salaam, 1992.

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