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LVCA - Lake Victoria to Conduct Pre-Drill Exploration at Singida Gold Project to Determine Undiscovered Sub Surface Gold Vein Sets and Economic Resource
On Wednesday May 19, 2010, 9:15 am EDT
GOLDEN, COLORADO--(Marketwire - 05/19/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) - The aim of the current exploration program is to determine the potential for undiscovered, subsurface gold vein sets within the sheared package of metavolcanic rocks proximal to the known gold veins, at Singida Gold Project in order to determine an economic resource prior to drill planning.
This Preliminary exploration work is a necessity prior to the Company advancing the project towards a drilling program. The ground work is to be focused on:
-- obtaining a better understanding of the geology, the structural complexity and the distribution of the known gold bearing quartz veins within the shear zone, and
-- to highlight areas of increased gold anomalism through soil sampling.
This approach is aimed at optimising gold targets in order that a cost efficient and systematic drill programme can be planned.
Previously completed and announced ground magnetic and IP surveys undertaken by Lake Victoria Resources have greatly assisted in defining some of the geological and structural features in the area.
Artisanal mining at Singida-Londoni has been focused on a number of narrow gold-rich quartz veins that are located within a major NW-SE trending shear zone. These veins "pinch and swell" along strike within the shear zone for a distance of some 7km. Some of the exposed veins on the Singida-Londoni licenses held by Lake Victoria Mining Company, that cover a strike length of 4.8 km, have been mined by artisanal miners in their upper parts to depths of about 50m. In the northwestern part of the shear structure, approximately 6 km from the Singida-Londoni licenses, Shanta Gold Ltd has announced a resource of 1,031,926 oz of gold at a grade of 1.46 g/t on their Singida License.
The Singida-Londoni Pre- Drill Exploration program will include:
Phase 1:
-- soil sampling on 400m x 50m grid with selected infill sampling, across the shear zone
-- wall rock sampling of existing pits and artisanal workings in order to determine the gold values within the sheared sidewall rocks adjacent to the gold bearing quartz veins
-- trenching across the strike of the quartz veins within undisturbed ground between areas of previous artisanal working to test the extent of the mineralization along strike.
-- detailed geological and structural mapping of surface outcrop, trench and pit exposures
Phase 2
-- Follow-up trenching/pitting on any coherent soil anomalies.
-- Interim results will be reported as they become available.
-- Upon confirmation of the existence of undiscovered, subsurface gold bearing quartz veins, a follow-up drilling program will be planned and initiated.
During Phase 1 and 2, the planning of exploration programs on prioritized targets within the license portfolio of Lake Victoria Mining Company will commence and be on-going.
http://finance.yahoo.com/news/Lake-Victoria-to-Conduct-iw-3395434537.html?x=0&.v=1
LVCA - Lake Victoria to Conduct Pre-Drill Exploration at Singida Gold Project to Determine Undiscovered Sub Surface Gold Vein Sets and Economic Resource
On Wednesday May 19, 2010, 9:15 am EDT
GOLDEN, COLORADO--(Marketwire - 05/19/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) - The aim of the current exploration program is to determine the potential for undiscovered, subsurface gold vein sets within the sheared package of metavolcanic rocks proximal to the known gold veins, at Singida Gold Project in order to determine an economic resource prior to drill planning.
This Preliminary exploration work is a necessity prior to the Company advancing the project towards a drilling program. The ground work is to be focused on:
-- obtaining a better understanding of the geology, the structural complexity and the distribution of the known gold bearing quartz veins within the shear zone, and
-- to highlight areas of increased gold anomalism through soil sampling.
This approach is aimed at optimising gold targets in order that a cost efficient and systematic drill programme can be planned.
Previously completed and announced ground magnetic and IP surveys undertaken by Lake Victoria Resources have greatly assisted in defining some of the geological and structural features in the area.
Artisanal mining at Singida-Londoni has been focused on a number of narrow gold-rich quartz veins that are located within a major NW-SE trending shear zone. These veins "pinch and swell" along strike within the shear zone for a distance of some 7km. Some of the exposed veins on the Singida-Londoni licenses held by Lake Victoria Mining Company, that cover a strike length of 4.8 km, have been mined by artisanal miners in their upper parts to depths of about 50m. In the northwestern part of the shear structure, approximately 6 km from the Singida-Londoni licenses, Shanta Gold Ltd has announced a resource of 1,031,926 oz of gold at a grade of 1.46 g/t on their Singida License.
The Singida-Londoni Pre- Drill Exploration program will include:
Phase 1:
-- soil sampling on 400m x 50m grid with selected infill sampling, across the shear zone
-- wall rock sampling of existing pits and artisanal workings in order to determine the gold values within the sheared sidewall rocks adjacent to the gold bearing quartz veins
-- trenching across the strike of the quartz veins within undisturbed ground between areas of previous artisanal working to test the extent of the mineralization along strike.
-- detailed geological and structural mapping of surface outcrop, trench and pit exposures
Phase 2
-- Follow-up trenching/pitting on any coherent soil anomalies.
-- Interim results will be reported as they become available.
-- Upon confirmation of the existence of undiscovered, subsurface gold bearing quartz veins, a follow-up drilling program will be planned and initiated.
During Phase 1 and 2, the planning of exploration programs on prioritized targets within the license portfolio of Lake Victoria Mining Company will commence and be on-going.
http://finance.yahoo.com/news/Lake-Victoria-to-Conduct-iw-3395434537.html?x=0&.v=1
Chuckle, yes it is. Accumulation(A/D), On Balance Volume(OBV) and Chalkin Oscillator(ChiOsc) direction have been impressive recently as well.
Technical indicators seem to show that most are wanting a piece of the action and anticipating more to come going forward with the company, don't they?
http://www.lakevictoriaminingcompany.com/
http://www.sec.gov/cgi-bin/browse-edgar?company=lake+victoria&match=&CIK=lvca&filenum=&State=&Country=&SIC=&owner=include&Find=Find+Companies&action=getcompany
Singida Regional and District Commissioners Want Lake Victoria Mining Company to Open A Gold Mine at Londoni Town, Tanzania
On Thursday May 13, 2010, 9:16 pm EDT
Form 8-K for LAKE VICTORIA MINING COMPANY, INC.
17-May-2010
Entry into a Material Definitive Agreement
LVCA - Lake Victoria's Geophysical Surveys Indicate Possible Undiscovered Gold Bearing Quartz Veins at the Singida Gold Project, Tanzania
On Monday May 17, 2010, 9:15 am EDT
GOLDEN, COLORADO--(Marketwire - 05/17/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) -
Geophysical surveys including detailed ground magnetometer and electrical gradient array Induced Polarization (IP) surveys were carried out across the Singida project area of Lake Victoria Mining Company during the latter part of 2009 and the first three months of 2010. Both surveys were successful in revealing the overall structural fabric as well as the possible existence of additional gold bearing, quartz veins within the project area. The project area, located over the southern end of the Sekenke greenstone belt in central Tanzania, is approximately 94km SE of the town of Singida and some 660km, by road, NW of the capital city, Dar es Salaam.
The ground magnetometer survey clearly delineated a significant zone of shearing averaging 600m wide extending in a NW-SE direction across the project area for a strike length of 4.8km. The shear zone, consisting of mafic volcanic rocks is bounded by Banded Ironstone Formation and undeformed granite to the NE and SW respectively. This structural "corridor" has been later cross-cut by NE-SW trending basic dykes as well as N-S faults resulting in minor offsets to the shear fabric. Artisanal workings are focused along a series of outcropping, narrow quartz veins lying conformable within the shear zone.A gradient array IP survey, designed to cover the entire length of mineralized quartz veins within the project area, was undertaken over 4 grids in an attempt to define the existence of additional subsurface quartz veins that the artisanal miners have not exploited. An electrode spacing of 3km with potential electrode spacing of 20m was carried out along N-S traverse lines.
From the survey a number of areas reflecting high resistivity values were noted to be coincident with known quartz veins. To further delineate these subsurface resistive bodies, 9 selected IP profiles, covering some 3.5 km of strike, were run using a detailed electrical Schlumberger array pattern, along N-S traverses across the shear corridor.
Roger Newell, Lake Victoria's president, and Clive King, Consulting Geologist, agree that the results of the Schlumberger survey are extremely encouraging, with the resistivity profiles revealing at least 5 vertical to subvertical resistive bodies, that appear to correlate closely with the known quartz vein locations identified from both the magnetic data and the artisanal workings. These resistive bodies are located some 20 to 80m beneath the surface landform and appear to be semi-continuous along strike. Mapping of the artisanal pits has revealed that the quartz veins occur as a series of en echelon veins of varying strike lengths that "pinch and swell" within the shear zone.
The shear zone extends across the permit boundary to the NW and SE. The Shanta Gold Limited prospecting licence, situated some 6km along strike to the NW, has indicated that it has delineated a resource of +1M oz of gold at a grade of 1.46 g/t from 3 prospect areas within the Singida shear corridor.
The recent geophysical survey has provided a number of targets to fast track the current exploration programme which is partly aimed at confirming, through soil sampling, selective trenching and detailed mapping that the resistive bodies modelled from the gradient IP surveys do represent gold bearing quartz veins. Furthermore, the planned programme is expected to provide a better understanding of the distribution and geometry of the quartz veins within the shear zone prior to considering a follow-up drill programme.
http://finance.yahoo.com/news/Lake-Victorias-Geophysical-iw-1055670828.html?x=0&.v=1
LVCA info: Lake Victoria Mining Company, Inc. is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana. Lake Victoria holds eleven prospective gold projects and five uranium projects within its Tanzania property portfolio.
Additional information regarding the Company is available on the corporate website at: http://www.lakevictoriaminingcompany.com/
LVCA info: Lake Victoria Mining Company, Inc. is working to create another gold mine in the world famous Lake Victoria Greenstone Belt, Tanzania, East Africa. Tanzania produced 1.75 million troy ounces of gold during 2007 and is the 3rd largest gold producer in Africa behind South Africa and Ghana. Lake Victoria holds eleven prospective gold projects and five uranium projects within its Tanzania property portfolio.
Additional information regarding the Company is available on the corporate website at: http://www.lakevictoriaminingcompany.com/
LVCA - Lake Victoria's Geophysical Surveys Indicate Possible Undiscovered Gold Bearing Quartz Veins at the Singida Gold Project, Tanzania
On Monday May 17, 2010, 9:15 am EDT
GOLDEN, COLORADO--(Marketwire - 05/17/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) -
Geophysical surveys including detailed ground magnetometer and electrical gradient array Induced Polarization (IP) surveys were carried out across the Singida project area of Lake Victoria Mining Company during the latter part of 2009 and the first three months of 2010. Both surveys were successful in revealing the overall structural fabric as well as the possible existence of additional gold bearing, quartz veins within the project area. The project area, located over the southern end of the Sekenke greenstone belt in central Tanzania, is approximately 94km SE of the town of Singida and some 660km, by road, NW of the capital city, Dar es Salaam.
The ground magnetometer survey clearly delineated a significant zone of shearing averaging 600m wide extending in a NW-SE direction across the project area for a strike length of 4.8km. The shear zone, consisting of mafic volcanic rocks is bounded by Banded Ironstone Formation and undeformed granite to the NE and SW respectively. This structural "corridor" has been later cross-cut by NE-SW trending basic dykes as well as N-S faults resulting in minor offsets to the shear fabric. Artisanal workings are focused along a series of outcropping, narrow quartz veins lying conformable within the shear zone.A gradient array IP survey, designed to cover the entire length of mineralized quartz veins within the project area, was undertaken over 4 grids in an attempt to define the existence of additional subsurface quartz veins that the artisanal miners have not exploited. An electrode spacing of 3km with potential electrode spacing of 20m was carried out along N-S traverse lines.
From the survey a number of areas reflecting high resistivity values were noted to be coincident with known quartz veins. To further delineate these subsurface resistive bodies, 9 selected IP profiles, covering some 3.5 km of strike, were run using a detailed electrical Schlumberger array pattern, along N-S traverses across the shear corridor.
Roger Newell, Lake Victoria's president, and Clive King, Consulting Geologist, agree that the results of the Schlumberger survey are extremely encouraging, with the resistivity profiles revealing at least 5 vertical to subvertical resistive bodies, that appear to correlate closely with the known quartz vein locations identified from both the magnetic data and the artisanal workings. These resistive bodies are located some 20 to 80m beneath the surface landform and appear to be semi-continuous along strike. Mapping of the artisanal pits has revealed that the quartz veins occur as a series of en echelon veins of varying strike lengths that "pinch and swell" within the shear zone.
The shear zone extends across the permit boundary to the NW and SE. The Shanta Gold Limited prospecting licence, situated some 6km along strike to the NW, has indicated that it has delineated a resource of +1M oz of gold at a grade of 1.46 g/t from 3 prospect areas within the Singida shear corridor.
The recent geophysical survey has provided a number of targets to fast track the current exploration programme which is partly aimed at confirming, through soil sampling, selective trenching and detailed mapping that the resistive bodies modelled from the gradient IP surveys do represent gold bearing quartz veins. Furthermore, the planned programme is expected to provide a better understanding of the distribution and geometry of the quartz veins within the shear zone prior to considering a follow-up drill programme.
http://finance.yahoo.com/news/Lake-Victorias-Geophysical-iw-1055670828.html?x=0&.v=1
LVCA - Lake Victoria's Geophysical Surveys Indicate Possible Undiscovered Gold Bearing Quartz Veins at the Singida Gold Project, Tanzania
On Monday May 17, 2010, 9:15 am EDT
GOLDEN, COLORADO--(Marketwire - 05/17/10) - Lake Victoria Mining Company, Inc. (OTC.BB:LVCA - News) -
Geophysical surveys including detailed ground magnetometer and electrical gradient array Induced Polarization (IP) surveys were carried out across the Singida project area of Lake Victoria Mining Company during the latter part of 2009 and the first three months of 2010. Both surveys were successful in revealing the overall structural fabric as well as the possible existence of additional gold bearing, quartz veins within the project area. The project area, located over the southern end of the Sekenke greenstone belt in central Tanzania, is approximately 94km SE of the town of Singida and some 660km, by road, NW of the capital city, Dar es Salaam.
The ground magnetometer survey clearly delineated a significant zone of shearing averaging 600m wide extending in a NW-SE direction across the project area for a strike length of 4.8km. The shear zone, consisting of mafic volcanic rocks is bounded by Banded Ironstone Formation and undeformed granite to the NE and SW respectively. This structural "corridor" has been later cross-cut by NE-SW trending basic dykes as well as N-S faults resulting in minor offsets to the shear fabric. Artisanal workings are focused along a series of outcropping, narrow quartz veins lying conformable within the shear zone.A gradient array IP survey, designed to cover the entire length of mineralized quartz veins within the project area, was undertaken over 4 grids in an attempt to define the existence of additional subsurface quartz veins that the artisanal miners have not exploited. An electrode spacing of 3km with potential electrode spacing of 20m was carried out along N-S traverse lines.
From the survey a number of areas reflecting high resistivity values were noted to be coincident with known quartz veins. To further delineate these subsurface resistive bodies, 9 selected IP profiles, covering some 3.5 km of strike, were run using a detailed electrical Schlumberger array pattern, along N-S traverses across the shear corridor.
Roger Newell, Lake Victoria's president, and Clive King, Consulting Geologist, agree that the results of the Schlumberger survey are extremely encouraging, with the resistivity profiles revealing at least 5 vertical to subvertical resistive bodies, that appear to correlate closely with the known quartz vein locations identified from both the magnetic data and the artisanal workings. These resistive bodies are located some 20 to 80m beneath the surface landform and appear to be semi-continuous along strike. Mapping of the artisanal pits has revealed that the quartz veins occur as a series of en echelon veins of varying strike lengths that "pinch and swell" within the shear zone.
The shear zone extends across the permit boundary to the NW and SE. The Shanta Gold Limited prospecting licence, situated some 6km along strike to the NW, has indicated that it has delineated a resource of +1M oz of gold at a grade of 1.46 g/t from 3 prospect areas within the Singida shear corridor.
The recent geophysical survey has provided a number of targets to fast track the current exploration programme which is partly aimed at confirming, through soil sampling, selective trenching and detailed mapping that the resistive bodies modelled from the gradient IP surveys do represent gold bearing quartz veins. Furthermore, the planned programme is expected to provide a better understanding of the distribution and geometry of the quartz veins within the shear zone prior to considering a follow-up drill programme.
http://finance.yahoo.com/news/Lake-Victorias-Geophysical-iw-1055670828.html?x=0&.v=1
Insiders buy/invest more because they know and believe it is going up!
Isn't that correct!?!
http://www.sec.gov/cgi-bin/browse-edgar?company=lake+victoria&match=&CIK=lvca&filenum=&State=&Country=&SIC=&owner=include&Find=Find+Companies&action=getcompany
Looks pretty promising doesn't it?! Read a little closer maybe?
Expecting more to come here with LVCA.
Additionally, for Dr. Newell, past the form-4 filing there is the 8-K filed in March.
Ian Shaw, Director of LVCA, acquired more shares and warrants in March.
http://www.sec.gov/Archives/edgar/data/1358648/000100201410000269/xslF345X02/primary_doc.xml
Dr. Robert Newell, President of LVCA, acquired more shares in March.
http://www.sec.gov/Archives/edgar/data/1205071/000100201410000194/xslF345X03/primary_doc.xml
Sure looks that way.
We're in for quite a ride going forward aren't we?
The MarketWatch article that I read on Clive King is impressive, '8-k'.
Real nice addition of expertise, for the region, by LVCA management's part.
http://www.marketwatch.com/story/clive-king-msc-senior-geological-consultant-joins-lake-victoria-to-accelerate-mineable-discovery-of-gold-in-tanzania-2010-05-11?reflink=MW_news_stmp
Oh yeah always! chuckle. Was in here last august for a bit, looks like LVCA has the potential to move strong again now, doesn't it?
Got one from Small Cap Society as well this evening.
Definitely going to look at it again.
http://smallcapsociety.com/lvca.php
hheeeyyy, How you doing 'hArdCoRe'?
Tidbit links to explore for/with thought.
http://www.sec.gov/cgi-bin/browse-edgar?company=ELSINORE+SERVICES&match=&CIK=&filenum=&State=&Country=&SIC=&owner=include&Find=Find+Companies&action=getcompany
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_s1.htm
http://elsinoreservices.com/main/page_home.html
http://elsinoreservices.com/main/page_management_team.html
http://elsinoreservices.com/main/page_our_services.html
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=1145254&filenum=&State=&SIC=&owner=include&action=getcompany
http://www.arielway.com/
Yes it is, some chart indicators looking decent, some things on an upswing in that arena lately, aren't they?
http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=1145254&filenum=&State=&SIC=&owner=include&action=getcompany
May be overlapping and financially "worked". But we can all continue to hope for more to come, can't we!?
http://elsinoreservices.com/main/page_home.html
http://elsinoreservices.com/main/page_our_services.html
http://elsinoreservices.com/main/page_management_team.html
Thoughts on this filing, filed documentation and non-communication of AWYI's CEO, think there may be more developing with/for Arne other than here or no? What are your thoughts?
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_s1.htm
You're thoughts on some of this as it reflects or impacts Ariel Way?
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex4-1.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex5-1.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex10-1.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex10-2.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex21.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex23-1.htm
What's your opinion and where do you think this is going in relation to the effects of/on Ariel Way and Arne's intentions?
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_s1.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex3-1.htm
http://www.sec.gov/Archives/edgar/data/1488420/000114420410019072/v179737_ex3-2.htm
Masterfully demonstrated experience and obtained some desired intent here (AWYI) and in other places through the years, learns and adapts well, don't you think?
http://elsinoreservices.com/main/page_our_services.html
Yep, and with the potential of what may still come here it is a nice progression, don't you think so?
AcuMedSpa Holdings, Inc. Proudly Announces Another Pending Acquisition: LMG's Sohna Laser and Skincare Centers
On Wednesday April 7, 2010, 1:15 pm EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-1577569991.html?x=0&.v=1
AcuMedSpa Holdings, Inc. Announces Pending Acquisition and Files Documentation With OTC Markets, Inc. to Upgrade Status to Current Information
On Wednesday April 7, 2010, 9:15 am EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-3765314478.html?x=0&.v=1
AcuMedSpa Releases Update on Corporate Progress and Status of Its Pending and Potential Acquisitions
On Monday March 8, 2010, 7:00 am EST
http://finance.yahoo.com/news/AcuMedSpa-Releases-Update-on-iw-2789331741.html?x=0&.v=1
AcuMedSpa Holdings, Inc. Announces Another Milestone, It Has Reached a Preliminary Agreement to Purchase a Multiple Site Medical Spa Practice Projected to Generate Over $1,500,000.00 in 2010
On Monday February 1, 2010, 7:00 am EST
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-289540333.html?x=0&.v=1
Possibly silly to do so at this point isn't it?
AcuMedSpa Holdings, Inc. Announces It Has Been Upgraded to Current Information Status With OTC Markets, Inc.
On Friday April 16, 2010, 10:00 am EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-1659634668.html?x=0&.v=1
AcuMedSpa Holdings, Inc. Announces Pending Acquisition and Files Documentation With OTC Markets, Inc. to Upgrade Status to Current Information
On Wednesday April 7, 2010, 9:15 am EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-3765314478.html?x=0&.v=1
Ditto, expect(ed) more as well.
AcuMedSpa Holdings, Inc. Announces Intention to Immediately Retire 30 Million Outstanding and 25 Million Authorized Shares
On Wednesday April 21, 2010, 9:10 am EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-2924704250.html?x=0&.v=1
AcuMedSpa Holdings, Inc. Announces Preliminary 2010 First Quarter Revenue of: $591,446.78
On Monday April 19, 2010, 4:05 pm EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-1117280671.html?x=0&.v=1
AcuMedSpa Holdings, Inc. Announces 2009 Revenues of $2,168,236
On Wednesday March 31, 2010, 4:00 pm EDT
http://finance.yahoo.com/news/AcuMedSpa-Holdings-Inc-iw-2517386820.html?x=0&.v=2