Financial Objective
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.
Lake Victoria Mining Company has a knowledgeable management team in the resource industry, which is closely tapped into a reliable geological team on the ground in Tanzania. A strong strategic plan has been developed and implemented from the outset of the company.
Once a mineral resource property is acquired by Lake Victoria Mining Company, the immediate goal on each property is to conduct sufficient field exploration to establish a proven reserve. The value of a property containing a proven reserve is dramatically more than one with only exploration potential.
This allows the company to immediately take steps to either establish an operating full scale mine or make a sale of the proven reserve while still in the ground to a major mining company.
In either case the company will realize major leverage from its’ initial mine investments in acquisition and field exploration from the the proven reserve.




