Michele Ashby Joins Lake Victoria Mining Company's Board
November 05 2008 - 4:10PM
Marketwired
Lake Victoria Mining Company (OTCBB: LVCA) is pleased to announce
that Michele Ashby is joining the Company's Board of Directors.
Ms. Ashby is the founder, owner and Chief Executive Officer of
MINE, LLC, a Colorado company organized to promote selected natural
resource companies to the investment community through private
conferences. She has occupied that position since July 2005. In
1988 she founded the Denver Gold Group Inc., and until 2005, she
was the Chief Executive Officer of that organization, which is
dedicated and operated as a trade association for the mining
industry. In that capacity, she developed and marketed annual
conferences that attracted global participants in the gold industry
and the investment community. Since 2005, she has served as a Board
Member for U.S. Gold Corporation, and she is the Chair of that
company's Compensation Committee and a member of both the
Nominating and the Governance Committees. In 1998 she founded, and
is the President of Dani's Foundation, a non-profit organization
dedicated to finding a cure for Ewing's Sarcoma, a cancer which
strikes young adults. Michele holds a B.Sc. in finance and between
1987 and 1995, she was a stockbroker and mining analyst with a
regional firm located in Denver, Colorado.
Roger Newell, Lake Victoria's CEO and President says, "I have
known and admired Michele's accomplishments for fifteen years, and
I am delighted that she is joining our Board. She not only brings a
global connection to gold investors and investment opportunities,
but she also provides a strong sense of corporate governance. I
believe her successful experience at building organizations
represents a valuable addition to Lake Victoria."
About the Company
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 Mining Company, Inc.
currently holds an eighty percent ownership interest in the
Kalemela Gold Project along with Geo Can Resources Company Limited
(Tanzania) a subsidiary of Kilimanjaro Mining Company, Inc. of
Nevada. www.kilimanjarominingcompany.com.
Disclaimer
This news release may contain forward looking statements,
relating to the Company's operations or the environment in which it
operates, which are based on Lake Victoria Mining Company, Inc.'s
operations, estimates, forecasts and projections. These statements
are not guarantees of future performance and involve risks and
uncertainties that are difficult to predict, and/or beyond Lake
Victoria Mining Company, Inc.'s control. A number of important
factors could cause actual outcomes and results to differ
materially from those expressed in these forward-looking
statements. Consequently, readers should not place undue reliance
on such forward-looking statements. Lake Victoria Mining Company,
Inc. disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contacts: Lake Victoria Mining Company, Inc. Dr. Roger A. Newell
(303) 586-1390 Email: info@lvcamining.com Website:
www.lakevictoriaminingcompany.com
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