Lake Victoria Mining Company, Inc. (OTCBB: LVCA) recently received significant and encouraging assay results from soil samples collected at the Kalemela gold project, located 125 kilometers east of Mwanza in northern Tanzania.

Both of these new found sites are near the English Channel, but are outside the territorial waters of any sovereign nation. The sites both contain cannon and other artifacts which are believed to dated back to the colonial period. I look at this as a long term lottery ticket, one that could go down to zero, but could also win you that big prize!