Lake Victoria attended the Bunda District Economic Forum


2015-02-23
CORPORATE

Vancouver, British Columbia, February 23, 2015 (LVCA:OTCBB) Lake Victoria Mining Company, Inc. represented by Mr. Ahmed Magoma, our Tanzania director along with James Mabula, Senior Geologist attended the Bunda District Economic Forum February 20th, 2015.

While in Bunda, which is the nearest town to the Company’s planned Kinyambwiga Gold Mine, Mr. Magoma organized some preliminary investigation into local service companies and suppliers that will be able to provide necessary staples and services for the Kinyambwiga gold mine when it commences development.

Lake Victoria Mining was invited to attend the conference because it has all the necessary approvals to open a small to medium scale gold mine at Kununga Village (PR, June 3, 2014). It will commence development as soon as the Company has secured the funding to build the mine.  From commencement of construction the Company’s independent consultants believe it will be approximately eight months to reach the first gold pour. The mine development will have a very positive economic impact on the local Bunda District as it will create an increased demand for labor and supplies to satisfy the mine construction and operations.

Please visit the Company’s website (Media Room) to view pictures related to the above.

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 is Africa’s fourth largest gold producer behind South Africa, Ghana and Mali.

Lake Victoria Mining Company, Inc.

David T. Kalenuik, President & CEO

Phone: (303) 586-1390

Email: info@lvcamining.com

Disclaimer

 

This news release may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and within the meaning of Canadian provincial securities laws applicable to the Company. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Forward-looking statements or information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks and uncertainties relating to obtaining financing to meet the Company's exploration programs and operating costs during its exploratory stage, the interpretation of exploration results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, accidents, equipment breakdowns, title matters, or other unanticipated difficulties with or interruptions in production and operations, the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, regulatory restrictions, including the inability to obtain mining permits and environmental regulatory restrictions and liability, the speculative nature of mineral exploration, dilution, competition, loss of key employees, and other risks and uncertainties, including those described under "Risk Factors" in the Company's Annual Report on Form 10-K filed on June 28, 2013, which is on file with the Securities and Exchange Commission, as well as the Company's periodic filings available atwww.sec.gov and with Canadian Securities Administrators atwww.sedar.com. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. The Company does not undertake any obligation to release publicly revisions to any "forward-looking statement," to reflect events or circumstances after the date of this news release, or to reflect the occurrence of unanticipated events, except as is required under applicable securities laws.

 

Cautionary note to U.S. Investors — The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this press release, such as "mineralized zones" which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosures in our annual report on Form 10-K. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of the Company in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or unless an exemption from such registration is available.