Lake Victoria to Commence Geophysical Survey to Target Drill Holes at Singida ...

03.12.09

(OTCBB: LVCA) Lake Victoria Mining Troop is pleased to report the acquisition of its own Induced Polarization (I.P.) electrical geophysical prospecting system that will initially be used to aim drill holes at the Company's Singida gold project in central Tanzania.

At Singida, geologic mapping, revolutionaries sampling, trenching and detailed ground based magnetic surveys have defined a five kilometer hunger gold bearing quartz vein system. The Company is currently field surveying and clearing grid lines for conducting electrical I.P. surveys along this five kilometer mineralized rage.

I.P. surveys, by measuring the response from energizing the ground with high energy pulsating electrical forces, can set up at depth the mineralized centers and metal rich source areas which produced the gold veins observed in outside exposures. Locating the source areas and the geologic structures which controlled the near surface course deposits will allow drill holes to be strategically placed along the five kilometer trend. The objective of the I.P. surveys is to pinpoint drill targets and the objective of drilling is to rigorously define gold resources and reserves that are capable of supporting an trade mining operation.

Source: CNNMoney.com (press release)