Lake Victoria Retains Experienced Contractor and Operator to Commission the Kinyambwiga Small Scale Gold Mining Project, Tanzania, East Africa

Lake Victoria Mining Company, Inc. is pleased to announce that its wholly owned subsidiary, Lake Victoria Resources (T) Limited, has entered into an agreement with an experienced surface and underground mining contractor, Camlaren Mine Development, to construct, commission and operate the Company’s Kinyambwiga Gold project in northern Tanzania.

Camlaren’s experience lies in commissioning and operating small to medium size gold mines in frontier locations. The combination of Camlaren’s gold mining and recovery processing experience with Lake Victoria’s Tanzanian gold assets could expedite us to profitable gold production at one or more of the Company’s prospects.

With 35 years of mining experience, Mr Gerry Hess, Camlaren’s principal, stated “I am happy to have this opportunity to work with Lake Victoria and to bring one or more of the Company’s projects into production.”

David Kalenuik, Lake Victoria’s CEO said, “I am very pleased with this combination, and Gerry Hess provides an immediate, hands-on ability to successfully move us forward with turnkey mining and gold recovery operations not only at Kinyambwiga, but potentially at three of our other small scale gold mining prospects. Mr Hess has already begun to locate possible sources of equipment, and his record indicates that he has strong technical skills and personnel team building skills necessary to successfully work in international locations.”

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