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LVCA.OTCBB

Kahama Gold Project

Lake Victoria Mining Company Inc. holds 100% interest in the Kahama Gold Project.

Table 1. Details of the Kahama South and Kahama Shinyanga Prospecting Licenses

License Details Area Area (km2)
PLR 4188/2006 KAHAMA SOUTH 184
PLR 4189/2006 KAHAMA SOUTH 61.09
PL 5844/2009 KAHAMA SOUTH 184.09
PL 3439/2005 KAHAMA SHINYANGA 48
PL 5846/2009 KAHAMA SHINYANGA 42
Total   519.18

 

Figure 1. Location map of the Kahama Shinyanga Prospecting License

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Figure 2. Location map of the Kahama South Prospecting Licenses

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1. Location and Access

Although all the licenses occur within the same project area they are 100 kilometres a part. The Kahama Shinyanga license is located some 60km north of the main Kahama-Nzega paved road and 35km to the east of the Bulyanhulu Gold Mine. The license is accessed by the all weather road from the town of Itwapgi, located close to the Kahama-Nzega junction, northwards to the town of Bungulwa. The road passes through the eastern side of the license.

Kahama South licenses are located some 40km to the south-southwest of Kahama town. Access to the licenses is via a number of all weather dirt roads that lead to the village of Ushetu and surrounding villages. Access is also possible from Tabora in the south but is restricted to the dry season only, on account of a large low lying Gombe River drainage basin to the south of the licenses that floods during the wet season.

2. Physiography, Climate, Vegetation and Water

The area is typically flat lying and is largely covered by "mbuga". Typical savannah scrubland of grass and scattered thorn bush and acacia trees dominant the landscape. Tobacco and cotton farming are the main cash crops in the area. Access to parts of the license may be difficult during the rainy season and would require the use of a 4X4 vehicle.

3. History of the property

Geosurvey International flew airborne magnetic and radiometric surveys over the area from 1977-1980. Other than the Government data, no information on exploration undertaken by previous companies is currently available.

4. Regional Geology

The Archaean Nyanzian Supergroup suite of granitic rocks largely underlies the license areas. Patches of greenstone rocks, comprising of meta-volcanic and meta-sedimentary units occur as patches within the granitic terrain.

5. Exploration Strategy

Since the Company acquired these licenses, no exploration work has yet been undertaken on them. The projects are basically at "grass-roots" level of exploration and thus have a lower priority rating than many of the other projects within the company portfolio.

An initial field visit to the projects is to be undertaken in order to access the level of artisanal workings present on each of the licenses. Due to the large coverage of "mbuga" soils, detailed ground magnetometer surveys will be undertaken across the entire license from which selected follow up targets for gradient array surveys will be defined. Results of the geophysical programs will determine the next phase of exploration in order to explore beneath the "mbuga" cover.