Lake Victoria Retracts Kinyambwiga Conceptual Estimates and Commissions Preparation of NI43-101 Technical Report
Vancouver, British Columbia, CANADA November 13, 2012 /FSC/ – Lake Victoria Mining Company, Inc. (LVCA – OTCBB),On October 30, 2012, the Company removed from its website a video presentation regarding the Kinyambwiga project. The Company retracts the information in the video which contained mineral resource figures which were conceptual only and an economic analysis based on the conceptual figures. NI43-101 regulations forbid disclosing the quantity, grade, metal or mineral content of a deposit that is not categorized as an inferred, indicated or measured mineral resource or as a probable or proven mineral reserve. Also forbidden are results of an economic analysis that includes or is based on inferred mineral resources or conceptual estimates.
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