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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.

Exploration News & Photos at our Blog or Register

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