Victoria Lake Inc. (LVCA)

[Trade_Master]

Lake Victoria Mining Company (OTCBB: LVCA) is pleased to report the completion of a detailed ground magnetic survey and the beginning of a detailed trenching program to closely define quartz veins over a one kilometer strike length. The Kinyambwiga project lies within License Number PL4653/2007 and covers 30.73 square kilometers in northern Tanzania's Lake Victoria Greenstone Belt. The property is about 190 kilometers northeast of Mwanza and 12 kilometers west of the smaller town of Bunda.

The ground magnetic survey and the trenching program follows last year's drilling program, which succeeded in defining gold bearing quartz veins over a 300 meter strike length. The quartz veins appear to be 1 to 1.5 meters wide, strike about N60 degrees E, dip 70-85 degrees north. There has been considerable artisanal mining activity along a strike length of about 300 meters on the veins, and down to a shallow depth of about 15 meters to the water table.