Lake Victoria Retains Experienced Contractor And Operator To Commission The Kinyambwiga Small Scale Gold Mining Project, Tanzania, East Africa
Lake Victoria Mining Company, Inc. is pleased to announce that its wholly owned subsidiary, Lake Victoria Resources (T) Limited, has entered into an agreement with an experienced surface and underground mining contractor, Camlaren Mine Development, to construct, commission and operate the Company’s Kinyambwiga Gold project in northern Tanzania.
Camlaren’s experience lies in commissioning and operating small to medium size gold mines in frontier locations. The combination of Camlaren’s gold mining and recovery processing experience with Lake Victoria’s Tanzanian gold assets could expedite us to profitable gold production at one or more of the Company’s prospects.
With 35 years of mining experience, Mr Gerry Hess, Camlaren’s principal, stated “I am happy to have this opportunity to work with Lake Victoria and to bring one or more of the Company’s projects into production.”
David Kalenuik, Lake Victoria’s CEO said, “I am very pleased with this combination, and Gerry Hess provides an immediate, hands-on ability to successfully move us forward with turnkey mining and gold recovery operations not only at Kinyambwiga, but potentially at three of our other small scale gold mining prospects. Mr Hess has already begun to locate possible sources of equipment, and his record indicates that he has strong technical skills and personnel team building skills necessary to successfully work in international locations.”The following is a brief list of some of the open pit and underground mines where Mr Hess has personally worked during the past 25 years as either Supervisor, Superintendent, Mine Manager, or as a Contracting Developer for complete project production through construction, mining, processing and commissioning. Snap Lake Diamond Mine, NWTCusac Gold Mines Table Mountain Property, Cassiar, B.C.Tyhee Resources Ormsby Project, NWT (former Discovery Mine)Fireside Minerals Ltd., Watson Lake, YukonCon Mine, Yellowknife, NWTGiant Yellowknife Mines, Yellowknife, NWT Camlaren Mine Development is known for their efforts in minimizing a projects environmental footprint; supporting sustainable community initiatives; being cautious with shareholder money and for seeking ways to use company’s resources efficiently.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV