----

----

| [X] | QUARTERLY REPORT UNDER TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED DECEMBER 31, 2009 |
|-----|---------------------------------------------------------------------------------------------------------------------------------------|

|   | Large Accelerated Filer                     | [   ] |   | Accelerated Filer         | [   ] |
|--------|---------------------------------------------|----------------------|--------|---------------------------|----------------------|
|   | Non-accelerated Filer                       | [   ] |   | Smaller Reporting Company | [X]                  |
|   | (do not check if smaller reporting company) |                 |   |                      |

----

----

----

|                              | INDEX                                                                 |
|-----------------------------------|-----------------------------------------------------------------------|
|                              |                                                                  |
| CONSOLIDATED FINANCIAL STATEMENTS |                                                                  |
|                              | Consolidated Balance Sheets                                           | F-1 |
|                              | Consolidated Statements of Operations and Comprehensive Income (Loss) | F-2 |
|                              | Consolidated Statement of Cash Flows                                  | F-3 |
|                              | Consolidated Statement of Stockholders' Equity                        | F-4 |
| NOTES TO THE FINANCIAL STATEMENTS | F-6                                                                   |

----

| LAKE VICTORIA MINING COMPANY, INC.                      |   |
|---------------------------------------------------------|--------|
| (FORMERLY KNOWN AS KILIMANJARO MINING COMPANY, INC.)    |   |
| (AN EXPLORATION STAGE COMPANY)                          |   |
| CONSOLIDATED BALANCE SHEETS                             |   |
| RESTATED                                                |   |
|                                                    |   |   |   |   |   |   |
|                                                    |   | December 31, |   |   |   |   |
|                                                    |   | 2009 |   |   | March 31, |   |
|                                                    |   | (Unaudited) |   |   | 2009 |   |
|                                                    |   |   |   |   |   |   |
| ASSETS                                                  |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |
| CURRENT ASSETS                                          |   |   |   |   |   |   |
| Cash                                                    |   | $ | 381,926 |   |   | $ | 530,569 |   |
|   Advances and deposits                       |   |   | 75,876 |   |   |   | 3,792 |   |
|   Advances to related party                        |   |   | 499,043 |   |   |   | 1,537,849 |   |
| Total Current Assets                                    |   |   | 956,845 |   |   |   | 2,072,210 |   |
|                                                    |   |   |   |   |   |   |   |   |
| PROPERTY AND EQUIPMENT, NET                             |   |   | 99,242 |   |   |   | 8,322 |   |
|                                                    |   |   |   |   |   |   |   |   |
| TOTAL ASSETS                                            |   | $ | 1,056,087 |   |   | $ | 2,080,532 |   |
|                                                    |   |   |   |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)          |   |   |   |   |   |
|                                                    |   |   |   |   |   |   |   |   |
| CURRENT LIABILITIES                                     |   |   |   |   |   |   |   |   |
| Accounts payable                                        |   | $ | 845,090 |   |   | $ | 359,258 |   |
| Acquisition liabilities                                 |   |   | 61,482 |   |   |   | 300,000 |   |
|    Notes payable                              |   |   | 2,713 |   |   |   | - |   |
| Accrued expenses                                        |   |   | - |   |   |   | 125,000 |   |
|    Other payables                             |   |   | 12,515 |   |   |   | - |   |
| Total Current Liabilities                               |   |   | 921,801 |   |   |   | 784,258 |   |
|                                                    |   |   |   |   |   |   |   |   |
| COMMITMENTS AND CONTINGENCIES                           |   |   | - |   |   |   | - |   |
|                                                    |   |   |   |   |   |   |   |   |
| STOCKHOLDERS' EQUITY (DEFICIT)                          |   |   |   |   |   |   |   |   |
| Preferred stock, $0.00001 par value: 100,000,000        |   |   | - |   |   |   | - |   |
| authorized, no shares outstanding                       |   |   |   |   |   |   |   |   |
| Common stock, $0.00001 par value;                       |   |   |   |   |   |   |   |   |
| 100,000,000 shares authorized 60,527,575 and 26,522,808 |   |   |   |   |   |
|  shares issued and outstanding, respectively       |   |   | 605 |   |   |   | 266 |   |
| Additional paid-in capital                              |   |   | 7,653,026 |   |   |   | 2,935,914 |   |
| Subscription receivable                                 |   |   | (13,275 | ) |   |   | (13,280 | ) |
| Accumulated deficit during exploration stage            |   |   | (7,506,069 | ) |   |   | (2,315,005 | ) |
|                                                    |   |   | 134,287 |   |   |   | 607,894 |   |
|                                                    |   |   |   |   |   |   |   |   |
| NON-CONTROLLING INTEREST                                |   |   | - |   |   |   | 688,380 |   |
| Total Stockholders' Equity (Deficit)                    |   |   | 134,287 |   |   |   | 1,296,274 |   |
|                                                    |   |   |   |   |   |   |   |   |
| TOTAL LIABILITIES AND                                   |   |   |   |   |   |   |   |   |
|   STOCKHOLDERS’ EQUITY (DEFICIT)             |   | $ | 1,056,087 |   |   | $ | 2,080,532 |   |

----

| LAKE VICTORIA MINING, INC.              |   |
|-----------------------------------------|--------|
| (AN EXPLORATION STAGE COMPANY)          |   |
| CONSOLIDATED STATEMENTS OF OPERATIONS   |   |
| (UNAUDITED)                             |   |
| RESTATED                                |   |
|                                    |   |
|                                    |   | For the Three |   |   | For the Three |   |   | For the Nine |   |   | For the Nine |   |   | Period from |   |
|                                    |   | Month Period |   |   | Month Period |   |   | Month Period |   |   | Month Period |   |   | December 11, 2006 |   |
|                                    |   | Ended |   |   | Ended |   |   | Ended |   |   | Ended |   |   | (Inception) to |   |
|                                    |   | December 31, 2009 |   |   | December 31, 2008 |   |   | December 31, 2009 |   |   | December 31, 2008 |   |   | December 31, 2009 |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| REVENUE                                 |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |   | $ | - |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OPERATING EXPENSES                      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| General and administrative expenses     |   |   | 1,277,686 |   |   |   | 34,444 |   |   |   | 1,354,216 |   |   |   | 126,750 |   |   |   | 1,821,539 |   |
| Amortization and depreciation expenses  |   |   | 3,763 |   |   |   | 2,295 |   |   |   | 5,210 |   |   |   | 2,295 |   |   |   | 8,364 |   |
| Professional fees                       |   |   | 308,964 |   |   |   | 20,766 |   |   |   | 1,486,449 |   |   |   | 101,351 |   |   |   | 2,681,948 |   |
| Management and director fees            |   |   | 3,000 |   |   |   | - |   |   |   | 51,767 |   |   |   | 15,000 |   |   |   | 53,017 |   |
| Travel and accommodation                |   |   | 39,299 |   |   |   | 3,877 |   |   |   | 85,667 |   |   |   | 744 |   |   |   | 61,451 |   |
| Acquisition costs                       |   |   | 314,639 |   |   |   | 2,670,774 |   |   |   | 3,430,102 |   |   |   | 2,868,054 |   |   |   | 9,895,402 |   |
| Exploration costs                       |   |   | 41,573 |   |   |   | 352,408 |   |   |   | 685,509 |   |   |   | 425,748 |   |   |   | 1,699,676 |   |
| Total Operating Expense                 |   |   | 1,988,923 |   |   |   | 3,084,564 |   |   |   | 7,098,919 |   |   |   | 3,539,942 |   |   |   | 16,221,395 |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS FROM OPERATIONS                    |   |   | (1,988,923 | ) |   |   | (3,084,564 | ) |   |   | (7,098,919 | ) |   |   | (3,539,942 | ) |   |   | (16,221,395 | ) |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OTHER INCOME (EXPENSES)                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Other income from professional services |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | 15,900 |   |
| Gain(loss) on long-term investments     |   |   | - |   |   |   | (5,000 | ) |   |   | 10,000 |   |   |   | (5,000 | ) |   |   | 5,000 |   |
| Exchange gain/loss                      |   |   | (29,742 | ) |   |   | - |   |   |   | (29,742 | ) |   |   | - |   |   |   | (29,742 | ) |
|  Interest income                   |   |   | 388 |   |   |   | 2,327 |   |   |   | 842 |   |   |   | 2,772 |   |   |   | 5,184 |   |
| Interest  expense             |   |   | (237 | ) |   |   | - |   |   |   | (472 | ) |   |   | - |   |   |   | (472 | ) |
| Total Other Income                      |   |   | (29,591 | ) |   |   | (2,673 | ) |   |   | (19,372 | ) |   |   | (2,228 | ) |   |   | (4,130 | ) |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS BEFORE TAXES                       |   |   | (2,018,514 | ) |   |   | (3,087,237 | ) |   |   | (7,118,290 | ) |   |   | (3,542,170 | ) |   |   | (16,225,525 | ) |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| INCOME TAX EXPENSE (BENEFIT)            |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |   |   | - |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS                                |   | $ | (2,018,514 | ) |   | $ | (3,087,237 | ) |   | $ | (7,118,290 | ) |   | $ | (3,542,170 | ) |   | $ | (16,225,525 | ) |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| LOSS ATTRIBUTABLE TO                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NON-CONTROLLING INTEREST                |   |   | - |   |   |   | 2,548,979 |   |   |   | 1,927,226 |   |   |   | 2,722,551 |   |   |   | 8,719,456 |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS ATTRIBUTABLE TO PARENT         |   | $ | (2,018,514 | ) |   | $ | (538,259 | ) |   | $ | (5,191,064 | ) |   | $ | (819,619 | ) |   | $ | (7,506,069 | ) |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| NET LOSS PER COMMON SHARE,              |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC AND DILUTED                       |   | $ | (0.04 | ) |   | $ | (0.02 | ) |   | $ | (0.11 | ) |   | $ | (0.03 | ) |   |   |   |   |
|                                    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER                 |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| OF COMMON SHARES OUTSTANDING,           |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| BASIC AND DILUTED                       |   |   | 57,011,875 |   |   |   | 24,790,643 |   |   |   | 45,353,313 |   |   |   | 24,762,202 |   |   |   |   |   |

----

| LAKE VICTORIA MINING, INC.                                                                                       |   |              |       |   |              |   |       |              |   |
|------------------------------------------------------------------------------------------------------------------|--------|-------------------|------------|--------|-------------------|--------|------------|-------------------|--------|
| (AN EXPLORATION STAGE COMPANY)                                                                                   |   |              |       |   |              |   |       |              |   |
| CONSOLIDATED STATEMENTS OF CASH FLOWS                                                                            |   |
| (UNAUDITED)                                                                                                      |   |              |       |   |              |   |       |              |   |
| RESTATED                                                                                                         |   |              |       |   |              |   |       |              |   |
|                                                                                                             |   | For the Nine      |       |   | For the Nine      |   |       | Period from       |   |
|                                                                                                             |   | Month Period      |       |   | Month Period      |   |       | December 11, 2006 |   |
|                                                                                                             |   | Ended             |       |   | Ended             |   |       | (Inception) to    |   |
|                                                                                                             |   | December 31, 2009 |       |   | December 31, 2008 |   |       | December 31,2009  |   |
|                                                                                                             |   |              |       |   |              |   |       |              |   |
| CASH FLOWS FROM OPERATING ACTIVITIES                                                                             |   |
| Net loss                                                                                                         |   | $                 | (5,191,064 | )      |              | $      | (819,619   | )                 |   | $ | (7,506,069 | ) |
| Adjustments to reconcile net loss to net cash                                                                    |   |              |       |   |              |   |       |              |   |   |   |   |
|  Amortization and depreciation                                                                              |   |              | 5,210      |   |              |   | 2,295      |              |   |   | 8,364 |   |
|     Loss in subsidiary attributed to non-controlling interest                                     |   |              | (1,927,226 | )      |              |   | (2,722,551 | )                 |   |   | (8,719,456 | ) |
|     Share payments for mineral interest acquisition costs                                         |   |              | -          |   |              |   | 2,350,300  |              |   |   | - |   |
|  Share payments for consulting services                                                                     |   |              | 2,292,623  |   |              |   | -          |              |   |   | 2,490,123 |   |
|  Restructuring charges                                                                                      |   |              | (2,698,147 | )      |              |   | -          |              |   |   | (2,698,144 | ) |
|  Shares issued for acquisition                                                                              |   |              | 4,965,737  |   |              |   | -          |              |   |   | 10,268,425 |   |
|  Gain on other investment                                                                                   |   |              | 5,000      |   |              |   |       |              |   |   | 5,000 |   |
|     Accounts receivable exchange for acquiring mineral interest                                   |   |              | 1,500,000  |   |              |   | -          |              |   |   | - |   |
|  Directors' compensation share payments                                                                     |   |              | 35,000     |   |              |   | -          |              |   |   | 35,000 |   |
| Provided (used) by operating activities:                                                                         |   |              |       |   |              |   |       |              |   |   |   |   |
|  Increase (decrease) in advances and deposits                                                               |   |              | (77,083    | )      |              |   | -          |              |   |   | (35,886 | ) |
|     Decrease(increase) in advances to related party                                               |   |              | (1,038,807 | )      |              |   | (663,073   | )                 |   |   | (559,043 | ) |
|  Increase(decrease) in accounts payable                                                                     |   |              | 485,830    |   |              |   | 74,424     |              |   |   | 860,105 |   |
|  Increase in acquisition liabilities                                                                        |   |              | (238,518   | )      |              |   | -          |              |   |   | 61,482 |   |
|  Increase (decrease) in accrued expenses                                                                    |   |              | (125,000   | )      |              |   | 48,710     |              |   |   | - |   |
|  Increase in other payables                                                                                 |   |              | 12,515     |   |              |   | (79        | )                 |   |   | 12,515 |   |
| Net cash used by operating activities                                                                            |   |              | (1,993,931 | )      |              |   | (1,729,593 | )                 |   |   | (5,777,585 | ) |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| CASH FLOWS FROM INVESTING ACTIVITIES                                                                             |   |
|     Acquisition of property, plant, and equipment                                                 |   |              | (96,130    | )      |              |   | (7,706     | )                 |   |   | (107,606 | ) |
|  Proceeds of subsidiary stock issuances                                                                     |   |              | -          |   |              |   | 1,500,000  |              |   |   | 1,600,300 |   |
| Net cash provided(used) by investing activities                                                                  |   |              | (96,130    | )      |              |   | 1,492,294  |              |   |   | 1,492,694 |   |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| CASH FLOWS FROM FINANCING ACTIVITIES                                                                             |   |
|  Proceeds from notes payable                                                                                |   |              | 2,713      |   |              |   |       |              |   |   | 2,713 |   |
|  Proceeds from issuance of stock                                                                            |   |              | 1,938,705  |   |              |   | 865,684    |              |   |   | 4,678,104 |   |
|  Payment for cancellation of stock                                                                          |   |              | -          |   |              |   | -          |              |   |   | (14,000 | ) |
|  Related party payable proceeds                                                                             |   |              | -          |   |              |   | -          |              |   |   | 420 |   |
|  Related party payable payments                                                                             |   |              | -          |   |              |   | (420       | )                 |   |   | (420 | ) |
| Net cash provided by financing activities                                                                        |   |              | 1,941,418  |   |              |   | 865,264    |              |   |   | 4,666,817 |   |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| Net increase (decrease) in cash and cash equivalents                                                             |   |              | (148,643   | )      |              |   | 627,965    |              |   |   | 381,926 |   |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| CASH AT BEGINNING OF PERIOD                                                                                      |   |              | 530,570    |   |              |   | 355,975    |              |   |   | - |   |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| CASH AT END OF PERIOD                                                                                            |   | $                 | 381,926    |   |              | $      | 983,940    |              |   | $ | 381,926 |   |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| SUPPLEMENTAL CASH DISCLOSURES:                                                                                   |   |              |       |   |              |   |       |              |   |   |   |   |
| Income taxes paid                                                                                                |   | $                 | -          |   |              | $      | -          |              |   | $ | - |   |
| Interest paid                                                                                                    |   | $                 | (472       | )      |              | $      | -          |              |   | $ | (472 | ) |
|                                                                                                             |   |              |       |   |              |   |       |              |   |   |   |   |
| NON-CASH INVESTING AND FINANCING ACTIVITIES:                                                                     |   |
| Stock issued for subscription receivable                                                                         |   | $                 | -          |   |              | $      | -          |              |   | $ | 13,275 |   |
| Receivable exchanged for long-term investment                                                                    |   | $                 | 10,000     |   |              | $      | -          |              |   | $ | 10,000 |   |
| Investment acquired through payable                                                                              |   | $                 | 8,000      |   |              | $      | 30         |              |   | $ | 8,030 |   |
|                                                                                                             |   |
| The accompanying notes are an integral part of these unaudited interim consolidated financial statementsF-3 |   |

----

| LAKE VICTORIA MINING COMPANY, INC.                            |
|---------------------------------------------------------------|
| (FORMERLY KNOWN AS KILIMANJARO MINING COMPANY, INC.)          |
| ( AN EXPLORATION STAGE COMPANY)                               |
|  CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY(DEFICIT) |
|                                                          |   |   |   |   |   |  Accumulated |   |   |
|                                                          |   |   |   |   |   | Deficit During | Total | Non- |
|                                                          |   |  Common Stock |  Additional |  Subscription | Exploration |  Stockholders' |  Controlling |
|                                                          |   | Shares | Amount |  Paid-in Capital | Receivable |  Stages | Equity (Deficit) | Interest |
|  Balance, at December 12, 2006                           |   - |  $       - |  $            - |  $            - |  $              - |  $             - |  $           - |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in December for cash                |   |   |   |   |   |   |   |
|                                                          |   at $0.00083 per share |  14,730,000 |   147 | 12,128 |    (9,775) | - |       2,500 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in February for                     |   |   |   |   |   |   |   |
|                                                          | consulting service provided at $0.083 per share |    2,370,000 |     24 |   197,476 |  - | - |   197,500 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Subsidiary equity interest purchased in March           |   |   |   |   |   |   |   |
|                                                          |   by non-controlling interests |    - | - |    - |  - | - |    - |   10 |
|                                                          |   |   |   |   |   |   |   |   |
|  Net loss for period ended                               |   |   |   |   |   |   |   |
|                                                          | March 31, 2007 |   - |       - |    - |  - |      (294,102) |  (294,102) | (7,441) |
|                                                          |   |   |   |   |   |   |   |   |
|  Balance, at March 31, 2007                              |  17,100,000 |  $     171 |  $   209,604 |  $    (9,775) |  $  (294,102) |  $(94,102) |  $  (7,431) |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in April for cash                   |   |   |   |   |   |   |   |
|                                                          |   at $0.083 per share |    5,172,000 |     52 |   430,948 |    (3,500) | - |   427,500 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in October for cash                 |   |   |   |   |   |   |   |
|                                                          |   at $0.625 per share |    2,201,923 |     22 |       1,375,748 |  - | - |    1,375,770 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in November for cash                |   |   |   |   |   |   |   |
|                                                          |   at $0.625 per share |     48,000 |       - | 30,000 |  - | - |     30,000 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  As of October, Subsidiary equity interest               |   |   |   |   |   |   |   |
|                                                          |  purchased by non-controlling interests |   - |       - |    - |  - | - |    - |     100,300 |
|                                                          |   |   |   |   |   |   |   |   |
|  Miscellaneous adjustments to equity                     |    - |       - |    - |       (5) | - |  (5) |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in February for cash                |   |   |   |   |   |   |   |
|                                                          |   at $0.625 per share |     60,720 |       1 | 37,949 |  - | - |     37,950 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Net loss for period ended                               |   |   |   |   |   |   |   |
|                                                          | March 31, 2008 |   - |       - |    - |  - |      (619,622) |  (619,622) | (8,705) |
|                                                          |   |   |   |   |   |   |   |   |
|  Balance, March 31, 2008                                 |  24,582,643 |  $   246 |  $   2,084,249 |  $     (13,280) |  $  (913,724) |  $1,157,491 |  $   84,164 |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in April for cash                   |   |   |   |   |   |   |   |
|                                                          |   at $0.625 per share |   208,000 |       2 |   129,998 |  - | - |   130,000 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock issued in December for cash                |   |   |   |   |   |   |   |
|                                                          |   at $0.41667 per share |    1,765,765 |     18 |   735,667 |  - | - |   735,684 |      - |
|                                                          |   |   |   |   |   |   |   |   |
|  As of May, Subsidiary equity interest                   |   |   |   |   |   |   |   |
|                                                          |  purchased by non-controlling interests |   - |       - |    - |  - | - |    - |     250,000 |
|                                                          |   |   |   |   |   |   |   |   |
|  As of November, Subsidiary equity interest              |   |   |   |   |   |   |
|                                                          |  purchased  by non-controlling interests |   - |       - |    - |  - | - |    - |     250,000 |
|                                                          |   |   |   |   |   |   |   |   |
|  As of November, Subsidiary equity interest              |   |   |   |   |   |   |
|                                                          |  purchased by non-controlling interests |   - |       - |    - |  - | - |    - |  1,000,000 |
|                                                          |   |   |   |   |   |   |   |   |
| Subsidiary equity interest issued in December                 |   |   |   |   |   |   |   |
|                                                          |  for  mineral properties acquisition |   - |       - |    - |  - | - |    - |  2,350,300 |
|                                                          |   |   |   |   |   |   |   |   |
|  Common stock cancelled for refund                       |   |   |   |   |   |   |   |
|                                                          |  at $0.543667 per share |   (33,600) |       - |    (14,000) |  - | - |    (14,000) |      - |
|                                                          |   |
|                                                          | F-4 |

----

| Subsidiary equity interest issued in January for                                                                       |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------|--------------------------------|---------------------------------------|-----------------------------------------------|---------------------------------------|----------------------------------|----------------------------------------------------------------|
|                                                                                                                   |   mineral  properties acquisition          |   -                  |       - |    -                           |  -                               | -                                |    -                                            |  1,690,000 |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Subsidiary equity interest issued in January for                                                                       |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   |   mineral  properties acquisition          |   -                  |       - |    -                           |  -                               | -                                |    -                                            |  1,840,000 |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
|  Net loss for period ended                                                                                        |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | March 31, 2009                                                 |   -                  |       - |    -                           |  -                               |   (1,401,281)          |   (1,401,281)                                        | (6,776,084) |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
|  Balance, March 31, 2009                                                                                          |  26,522,808                                               |  $   266   |  $   2,935,914    |  $     (13,280) |  $   (2,315,005)  |  $   607,894 |  $ 688,380                                                |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Subsidiary equity interest issued in April for                                                                         |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   |  directors compensation                                   | -                              |     -             |  -                                       |       - |      -  |  -                                                        |       35,000 |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in May for mineral                                                                                 |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | properties acquisition at $0.41667 per share                   |    6,211,500    |     62            |       2,588,063 |       - |      -  |    2,588,125                                    |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in June for cash                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   |  at $0.20833 per share                                    |    1,747,200    |     17            |   363,983                           |       - |      -  |   364,000                                            |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in June for consulting                                                                             |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | service provided at $0.20833 per share                         |   186,000            |       2 | 38,748                                        |       - |      -  |     38,750                                 |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in June for consulting                                                                             |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | service provided at $0.27156 per share                         |    1,186,200    |     12            |   322,113                           |       - |      -  |   322,125                                            |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in June for consulting                                                                             |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | service provided at $0.20833 per share                         |    1,620,720    |     16            |   337,634                           |       - |      -  |   337,650                                            |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in June for consulting                                                                             |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | service provided at $0.3333 per share                          |   179,122            |       2 | 59,705                                        |       - |      -  |     59,707                                 |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Subsidiary equity interest issued in June for                                                                          |                                                           |                           |                                  |                                          |                                  |                             |
|                                                                                                                   |  mineral properties acquisition                           | -                              |     -             |  -                                       |       - |      -  |  -                                                        |  1,800,000 |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| As of August, loss attributable to non-controlling interest                                                            | -                                                              |     -      |  -                               |       -         |      -       |  -                          | (1,927,226)                                                    |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| As of August, Reverse acquisition restructuring of the                                                                 |                                                           |                           |                                  |                                          |                                  |
|                                                                                                                   | non-controlling interest and investment held by parent company |  18,198,000               |   182                       |      (2,102,180)     | 5                                     |                             |   (2,101,993)                                        |    (596,154) |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
|  Common stock attached with warrants to be issued                                                                 |                                                           |                           |                                  |                                          |                                  |
|                                                                                                                   |  in September for cash at $0.60 per share                 |   200,000            |       2 |   119,998                           |       - |      -  |   120,000                                            |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in November for consulting                                                                         |                                                           |                           |                                  |                                          |                                  |
|                                                                                                                   | service provided at $0.60 per share                            |   255,000            |       3 |   152,997                           |       - |      -  |   153,000                                            |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in November for consulting                                                                         |                                                           |                           |                                  |                                          |                                  |                             |
|                                                                                                                   | service provided at $0.60 per share                            |   201,250            |       2 |   120,748                           |       - |      -  |   120,750                                            |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in November for consulting                                                                         |                                                           |                           |                                  |                                          |                                  |                             |
|                                                                                                                   | service provided at $0.84 per share                            |    1,450,000    |     15            |       1,217,986 |       - |      -  |    1,218,000                                    |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Common stock issued in December for consulting                                                                         |                                                           |                           |                                  |                                          |                                  |                             |
|                                                                                                                   | service provided at $0.6199 per share                          |     68,775 |       1 | 42,639                                        |       - |      -  |     42,640                                 |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
|  Common stock issued in December for cash                                                                         |                                                           |                           |                                  |                                          |                                  |                             |
|                                                                                                                   |   at $0.60 per share                                 |    2,501,001    |     25            |       1,454,679 |       - |      -  |    1,454,704                                    |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
|  Net loss for period ended                                                                                        |                                                           |                           |                                  |                                          |                                  |                             |                                                           |
|                                                                                                                   | December 31, 2009                                              |   -                  |       - |    -                           |  -                               |   (5,191,064)          |   (5,191,064)                                        |    - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| Balance, at December 31, 2009 (unaudited)                                                                              |  60,527,575                                               |  $   605   |  $   7,653,026    |  $     (13,275) |  $   (7,506,069)  |  $   134,287 |  $         - |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
|                                                                                                                   |                                                           |                           |                                  |                                          |                                  |                             |                                                           |   |
| The accompanying  notes are an integral part of these unaudited interim consolidated financial statementsF-5 |

----

----

| NOTE  1 –   | DESCRIPTION OF BUSINESS |
|---------------------------------------|-------------------------|

----

----

| NOTE  2 –   | SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES |
|---------------------------------------|----------------------------------------------|

----

----

----

----

----

----

----

----

| NOTE  3 –   | BUSINESS ACQUISITIONS |
|---------------------------------------|-----------------------|

----

----

| NOTE  4 –   | PROPERTY AND EQUIPMENT |
|---------------------------------------|------------------------|

| Category                |                                                  | As at                                                                       | 12/31/2009                                                  |                                                                                        | As at                                                                                                                           | 03/31/2009                                                                                  |
|-------------------------|-------------------------------------------------------|-----------------------------------------------------------------------------|-------------------------------------------------------------|---------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------|
|                    | Cost                                                  | Accumulated Amortization                                                    | Net Book Value                                              | Cost                                                                                        | Accumulated Amortization                                                                                                        | Net Book Value                                                                              |
| Machinery and equipment |       87,360            |          2,912                 |        84,448            |                - |                      - |                - |
| Furniture and equipment |         3,409 |             406 |          3,003 |                - |                      - |                - |
| Computer and software   |       16,836            |          5,046                 |        11,790            |       11,476                                                  |                3,154                                 |          8,322                                 |
|                    | $  107,605                                  |  $      8,364                            |  $    99,242                       | $    11,476                                                             | $             3,154                                            | $     8,322                                                        |

| NOTE  5 –   | NOTE PAYABLE |
|---------------------------------------|--------------|

| NOTE  6 –   | OTHER PAYABLES |
|---------------------------------------|----------------|

----

----

| NOTE  7 –   | RELATED PARTIES/CONCENTRATIONS |
|---------------------------------------|--------------------------------|

| NOTE  8 –   | MINERAL PROPERTY AND EXPLORATION COSTS |
|---------------------------------------|----------------------------------------|

----

----

|                      |                               |                                                                                               | Kalemela Gold Project                                                                                                                       | State Mining Project                                                                                                                        | Geita Project                                                                                                             | Kinyambwiga Project                                                                                                 | Singida Project                                                                                                     | Other Projects                                                                                                      | Total                                                                                                                     |
|---------------------------|------------------------------------|----------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|
|                      |                               |                                                                                               | (a)                                                                                                                                         | (b)                                                                                                                                         | (c)                                                                                                                       | (d)                                                                                                                 | (e)                                                                                                                 | (f)                                                                                                                 |                                                                                                                      |
| Balance,March 31, 2007    |                               |  $               - |  $                  -                        |  $               -                                          |  $              -                              |  $              -                        |  $              -                        |  $                -            |
|                      |                               |                                                                                               |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                      |
| Related payments:         |                               |                                                                                               |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                                                                                                |                                                                                                                |                                                                                                                |
|                      | Cash Consideration                 |                                                                                               |         175,000                                                                                     |              60,000                                                        |                     - |                    - |                    - |                    - |          235,000                                                             |
|                      | Share issued for Mining properties |      2,350,300                                                            |                        - |                     -                   |                    -       |                    - |                    - |       2,350,300                                                                       |
|                      | Accrued liabilities                |                                                                                               |                     -                   |                        - |                     - |                    - |                    - |                    - |                     - |
|                      |                               |                                                                                               |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                      |
| Balance,March 31, 2008    |                               |  $  2,525,300                                                                       |  $          60,000                                                                   |  $               -                                          |  $              -                              |  $              -                        |  $              -                        |  $   2,585,300                                                                                  |
|                      |                               |                                                                                               |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                      |
| Related payments:         |                               |                                                                                               |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                                                                                                |                                                                                                                |                                                                                                                |
|                      | Cash Consideration                 |                                                                                               |         217,825                                                                                     |              60,000                                                        |          222,608                                                             |        122,608                                                                   |        368,639                                                                   |        926,940                                                                   |       1,918,620                                                                             |
|                      | Share issued for Mining properties |         900,000                                            |            100,000                                                                   |       2,530,000                                                                                               |     1,800,000                                                                                         |                    - |                    - |       5,330,000                                                                       |
|                      | Accrued liabilities                |                                                                                               |                     -                   |                        - |                     - |                    - |          61,482                                                        |                    - |            61,482                                                  |
|                      |                               |                                                                                               |      1,117,825                                                                                                     |            160,000                                                                   |       2,752,608                                                                             |     1,922,608                                                                                   |        430,121                                                                   |        926,940                                                                   |       7,310,102                                                                             |
|                      |                               |                                                                                               |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                                                                                                |                                                                                                                |                                                                                                                |                                                                                                                      |
| Balance,December 31, 2009 |                               |  $  3,643,125                                                                       |  $        220,000                                                                              |  $   2,752,608                                                                                                          |  $ 1,922,608                                                                                                         |  $    430,121                                                                              |  $    926,940                                                                              |  $   9,895,402                                                                                  |

|                      |                            |                                   | Kalemela                                                                                                            | State Mining                                                                                                                          | Geita                                                                                                                | Kinyambwiga                                                                                           | Singida                                                                 | Total                                                        |
|---------------------------|---------------------------------|----------------------------------------|---------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------|--------------------------------------------------------------|
|                      |                            |                                   | (a)                                                                                                                 | (b)                                                                                                                                   | (c)                                                                                                                  | (d)                                                                                                   | (e)                                                                     |                                                         |
| Balance,March 31, 2009    |                            |  $    618,970 |  $                 -      |  $ 395,197                                                                                                                       |  $                  - |  $              -          |  $ 1,014,167                                                       |
|                      |                            |                                   |                                                                                                                |                                                                                                                                  |                                                                                                                 |                                                                                                  |                                                                    |                                                         |
| Exploration expenditures: |                            |                                   |                                                                                                                |                                                                                                                                  |                                                                                                                 |                                                                                                  |                                                                    |
|                      | Camp, Field Supplies and Travel |                                   |                    - |                       - |                -                          |               45,844            |          66,525            |        112,369            |
|                      | Geological consulting and Wages |                                   |            8,749                                             |                       - |         7,600                                                                |             102,677                       |        160,397                       |        279,423            |
|                      | Geophysical and Geochemical     |                                   |                    - |                       - |                -                          |               16,128            |        156,816                       |        172,944            |
|                      | Parts and equipment             |                                   |                    - |                       - |                -                          |                 4,000 |          16,000            |          20,000 |
|                      | Project Administration fee      |                                   |            6,175                                             |                       - |         6,175                                                                |               34,450            |          39,325            |          86,125 |
|                      | Vehicle and Fuel expenses       |                                   |                    - |                       - |                -                          |                 5,342 |            9,305 |          14,648 |
|                      |                            |                                   |          14,925                                                        |                       - |       13,775                                                                           |             208,441                       |        448,368                       |        685,509            |
| Write-offs                |                            |                                   |                                                                                                                |                                                                                                                                  |                                                                                                                 |                                                                                                  |                                                                    |
| Balance,December 31, 2009 |                            |  $    633,895 |  $                 -      |  $ 408,972                                                                                                                       |  $         208,441                                                 |  $    448,368                                                                |  $ 1,699,676                                                       |

----

----

----

----

| (e)   | Singida Project |
|-----------------|-----------------|

----

----

| NOTE  9 –   | CAPITAL STOCK |
|---------------------------------------|---------------|

----

----

| 1.   | 1,747,200 were issued for cash at $0.20833 per share |
|----------------|------------------------------------------------------|

| 2.   | 6,211,500 were issued for acquisition of mineral properties |
|----------------|-------------------------------------------------------------|

| 3.   | 3,172,042 were issued for payment of consulting services |
|----------------|----------------------------------------------------------|

----

----

| NOTE  10 –   | STOCK WARRANTS |
|----------------------------------------|----------------|

| Expiration Date   | Number of Warrants                                                                                      | Exercise Price                                                                      | Shares Issued Upon Exercise |
|-------------------|---------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------|-----------------------------|
|              |                                                                                                    |                                                                                |
| April 30, 2010    |                 312,500 |  $            1.10 | 312,500                     |
| May 31, 2010      |              4,000,000                 |  $            1.00 | 4,000,000                   |
| September 8, 2012 |              2,701,001                 |  $            0.63 | 1,350,501                   |
|              |              7,013,501                      |                                                                                | 5,663,001              |

| NOTE  11 –   | INCOME TAXES |
|----------------------------------------|--------------|

----

----

|                                   |   |  December 31, 2009 |   |   |  March 31, 2009 |
|----------------------------------------|--------|-------------------------|--------|--------|----------------------|
| Operating loss balance:                | $      |  (7,506,000)       |   | $      |  (2,315,000)    |
| Deferred tax asset                     | $      | (2,552,000)             |   | $      | (787,000)            |
| Deferred tax asset valuation allowance |   | 2,552,000               |   |   | 787,000              |
| Net deferred tax asset                 | $      |  -                 |   | $      |  -              |

----

----

| NOTE  13 –   | SUBSEQUENT EVENTS |
|----------------------------------------|-------------------|

| (A).   | First payment of 50% of Secondary Payment paid as follows: |
|------------------|------------------------------------------------------------|

| 1.   | 20% of the first payment of 50% of Secondary Payment in the amount of $215,659 shall be paid upon execution of the addendum |
|----------------|-----------------------------------------------------------------------------------------------------------------------------|

| 2.   | 30% of the first payment of 50% of Secondary Payment in the amount of $323,489 shall be paid within two and eight weeks after the Company receives confirmation of the transfer of PMLs. |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | 50% of the first payment of 50% of Secondary Payment in the amount of $539,148 shall be paid within six and seven and one half months of the date of the execution of the addendum |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (B).   | 50% of Secondary Payment in the amount of $1,078,295 within twelve and thirteen and one half months of the date of the execution of the Second Addendums. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| NOTE  14 –   | RESTATEMENT |
|----------------------------------------|-------------|

----

----

|                           |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |                                                                                                                                                                            |                                                                                                                                                                            |                                                                                              |   |
|--------------------------------|----------------------------------------------|--------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|-------------------|------------|-------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------|--------|
|                           |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      | CONSOLIDATED BALANCE SHEETS                                                                                               | CONSOLIDATED BALANCE SHEETS                                                                                               |
|                           |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      | December 31, 2009                                                                                                         |                                                                                                                      | March 31, 2009    |
|                           |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      | Previously Reported                                                                                                       | Net Change(a)                                                                                                             | Restated          |       | Previously Reported                                               | Net Change(b)                                                                                                 | Restated                                                                                                      |
|                           |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |                                                                                                                                                                            |                                                                                                                                                                            |                                                                                              |   |
| CURRENT ASSETS                 |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |                                                                                                                                                                            |
|                           | Cash                                         |                                                               |                                                                                                                      | $                                                                                                                         |      381,926                                                                                     |                                                                                                                      |                     - | $                 | 381,926    | $                                                                 | 418,536                                                                                                       |                                                                                                          |       112,033                                                                                                                                     | $                                                                                                                                                                               |                530,569 |
|                           | Advances and deposits                        |                                                               |           90,890                                                        |                                                                                                                      |  (15,014)                                                                                                            |                                                                                                                      | 75,876                                                                                                                    |              | 63,792     |                                                              |        (60,000)                                                            |                                                                                                          | 3,792                                                                                                                                                                           |
|                           | Advances to related party                    |                                                               |                     - |                                                                                                                      |         499,043                                                                   |                                                                                                                      | 499,043                                                                                                                   |              | -          |                                                              |    1,537,849                                                                                   |                                                                                                          | 1,537,849                                                                                                                                                                       |
|                           |                                         | Total Current Assets                                               |                                                                                                                      |         472,816                                                                   |                                                                                                                      |         484,029                                                                   |                                                                                                                      | 956,845           |       | 482,328                                                           |                                                                                                          |    1,589,882                                                                                   |                                                                                                                                                                            | 2,072,210                                                                                                                                                                       |
| PROPERTY AND EQUIPMENT, NET    |                                         |           99,242 |                                                                                                                      |                     - |                                                                                                                      | 99,242                                                                                                                    |                                                                                                                      | -                 |       |           8,322 |                                                                                                          | 8,322                                                                                                         |
| TOTAL ASSETS                   |                                         | $                                                                  |       572,058                                                                               |                                                                                                                      |         484,029                                                                   | $                                                                                                                         | 1,056,087                                                                                                                 | $                 | 482,328    |                                                              |    1,598,204                                                                                   | $                                                                                                             |              2,080,532                                                                                         |
|                           |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |                                                                                                                                                                            |                                                                                                                                                                            |                                                                                              |   |
| CURRENT LIABILITIES            |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |
|                           | Accounts payable                             |                                                               | $                                                                                                                         |       415,061                                                                               |                                                                                                                      |         430,029                                                                   | $                                                                                                                         | 845,090           | $          | 350,211                                                           |                                                                                                          |           9,047                                             | $                                                                                                                                                                               |                359,258                                                                               |
|                           | Acquisition liabilities - current portion    |                                                               |      2,169,197                                                                                   |                                                                                                                      |  (2,107,715)                                                                                                         |                                                                                                                      | 61,482                                                                                                                    |              | 300,000    |                                                              |                   - |                                                                                                          |                   300,000                                                             |
|                           | Notes Payable                                |                                                               |                                                                                                                      |             2,713                                             |                                                                                                                      |                     - |                                                                                                                      | 2,713             |       | -                                                                 |                                                                                                          |                   - |                                                                                                                                                                            |                              - |
|                           | Advances payable - related party             |                                                               |                     - |                                                                                                                      |                     - |                                                                                                                      | -                                                                                                                         |              | 53,500     |                                                              |        (53,500)                                                            |                                                                                                          |                              - |
|                           | Accrued expeness                             |                                                               |                                                                                                                      |                     - |                                                                                                                      |                     - |                                                                                                                      | -                 |       | -                                                                 |                                                                                                          |       125,000                                                                   |                                                                                                                                                                            | 125,000                                                                                                                                                                         |
|                           | Other Payables                               |                                                               |                                                                                                                      |           12,515                                                        |                                                                                                                      |                     - |                                                                                                                      | 12,515            |       | -                                                                 |                                                                                                          |                   - |                                                                                                                                                                            |                              - |
|                           |                                         | Total Current Liabilities                                          |                                                                                                                      |      2,599,486                                                                                   |                                                                                                                      |  (1,677,686)                                                                                                         |                                                                                                                      | 921,800           |       | 703,711                                                           |                                                                                                          |         80,547                                                        |                                                                                                                                                                            | 784,258                                                                                                                                                                         |
| NONCURRENT LIABILITIES         |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |
|                           | Long-term liabilities - acquisition          |                                                               |      4,950,000                                                                                   |                                                                                                                      |  (4,950,000)                                                                                                         |                                                                                                                      | -                                                                                                                         |              | -          |                                                              |                   - |                                                                                                          |                              - |
|                           |                                         | Total Noncurrent Liabilities                                       |                                                                                                                      |      4,950,000                                                                                   |                                                                                                                      |  (4,950,000)                                                                                                         |                                                                                                                      | -                 |       | -                                                                 |                                                                                                          |                   - |                                                                                                                                                                            |                              - |
| STOCKHOLDERS' EQUITY (DEFICIT) |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |
|                           | Preferred stock                              |                                                               |                                                                                                                      |                     - |                                                                                                                      |                     - |                                                                                                                      | -                 |       | -                                                                 |                                                                                                          |                   - |                                                                                                                                                                            |                              - |
|                           | Common stock                                 |                                                               |                                                                                                                      |                605                             |                                                                                                                      |                     - |                                                                                                                      | 605               |       | 285                                                               |                                                                                                          |               (19)                      |                                                                                                                                                                            | 266                                                                                                                                                                             |
|                           | Additional paid-in capital                   |                                                               |    22,348,076                                                                                              |                                                                                                                      | (14,695,050)                                                                                                              |                                                                                                                      | 7,653,026                                                                                                                 |              | 5,790,355  |                                                              |   (2,854,441)                                                                                       |                                                                                                          | 2,935,914                                                                                                                                                                       |
|                           | Common stock to be issued                    |                                                               |                     - |                                                                                                                      |                     - |                                                                                                                      | -                                                                                                                         |              | 1,690,000  |                                                              |   (1,690,000)                                                                                       |                                                                                                          |                              - |
|                           | Subscription receivable                      |                                                               |          (13,275)                                                            |                                                                                                                      |                     - |                                                                                                                      |  (13,275)                                                                                                            |              |  (35) |                                                              |        (13,245)                                                            |                                                                                                          |  (13,280)                                                                                                                                                                  |
|                           | Accumulated deficit during exploration stage |   (29,312,834)                                           |                                                                                                                      |    21,806,765                                                                                              |                                                                                                                      | (7,506,069)                                                                                                               |                                                                                                                      |  (7,701,988) |       |    5,386,983                                       |                                                                                                          |  (2,315,005)                                                                                             |
|                           |                                         | Total stockholders' Equity (Deficit)                               |                                                                                                                      |     (6,977,428)                                                                                       |                                                                                                                      |      7,111,715                                                                                   |                                                                                                                      | 134,287           |       |  (221,383)                                                   |                                                                                                          |       829,277                                                                   |                                                                                                                                                                            | 607,894                                                                                                                                                                         |
| NON-CONTROLLING INTEREST       |                                         | -                                                                  |                                                                                                                      |                     - |                                                                                                                      | -                                                                                                                         |                                                                                                                      | -                 |       |       688,380                       |                                                                                                          | 688,380                                                                                                       |
| TOTAL LIABILITIES AND          |                                         |                                                               |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |                                                                                                                      |              |       |                                                              |                                                                                                          |                                                                                                          |
|                           | STOCKHOLDERS EQUITY (DEFICIT)                | $                                                                  |      572,058                                                                                     |                                                                                                                      |  (484,029)                                                                                                           | $                                                                                                                         |   1,056,087                                                                                                     |              | 482,328    | $                                                                 |    1,598,204                                                                                   | $                                                                                                             |             2,080,532                                                                                               |

----

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| (a)   | The accrued acquisition cost has been restated as $61,482. The previously filed consolidated balance sheet accrued acquisition cost of $7,119,197, of which current liability was $2,169,197 and non-current liability was $4,950,000. The Company reevaluated the accounting treatment of the mineral purchase agreements signed by a director of the Company. Since the agreements have optional purchase agreements and the Company has the right to terminate the agreement at any time at the Company’s option, the previous accrued optional payments have been adjusted which reduces the liabilities on balance sheet and the acquisition costs on the statement of operations by $7,057,715. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | The restated Company consolidated balance sheet includes the audit of Kilimanjaro as at March 31, 2009 which incorporated the accounts of Lake Victoria. Previously the Company reported the audited balance sheet of Lake Victoria as at March 31, 2009. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| CONSOLIDATED STATEMENTS OF OPERATIONS |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |
|---------------------------------------|----------------------------------|---------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------|---------------------------|---------------------------------------------------------------|---------------------------------------------------------------------------------------|---------------------------------------------|---------------------------------------------------------------------------------|---------------------------------------------------------------------|---------------------------------------------------------------------------------------|
|                                  |                             |                                                                                                                            |                                                                                                                            |                      | For the Three Mont Period Ended                               |                                                                                  | For the Three Month Period Ended            |                                                                            |
|                                  |                             |                                                                                                                            |                                                                                                                            |                      | December 31, 2009                                             |                                                                                  | December 31, 2008                           |                                                                            |
|                                  |                             |                                                                                                                            |                                                                                                                            |                      | Previously Reported                                           |                                                                                  | Net Change                                  |                                                                            | Restated                                                            |                                                                                  | Previously Reported |   | Net Change |   | Restated |   |
| TOTAL OPERATING EXPENSE               |                             |        1,622,813                                                                             |                                                                                                                            | 366,110                   | (c)                                                           | 1,988,923                                                                             |                                        | 16,613                                                                          |                                                                | 3,067,951                                                                             | (c) |     3,084,564 |   |
| LOSS FROM OPERATIONS                  |                             |  (1,622,813)                                                                                                               |                                                                                                                            |  (366,110)           |                                                          | (1,988,923)                                                                           |                                        |  (16,613)                                                                  |                                                                | (3,067,951)                                                                           |   | (3,084,564) |   |
| TOTAL OTHER INCOME                    |                             |                                                                                                                            |     (29,591)                                                                                                |                      |        -                   |                                                                                  |  (29,591)                              |                                                                            |           400     |                                                                                  |     (3,073) |   |  (2,673) |   |
| GOODWILL IMPAIRMENT LOSSES            |                             |  (15,675,035)                                                                                                              |                                                                                                                            | 15,675,035                | (a)                                                           |               - |                                        |              - |                                                                |               - |   |            - |   |
| LOSS BEFORE TAXES                     |                             |                                                                                                                            |  (17,327,439)                                                                                                              |                      | 15,308,925                                                    |                                                                                  | (2,018,514)                                 |                                                                            |  (16,213)                                                      |                                                                                  |  (3,071,024) |   |  (3,087,237) |   |
| INCOME TAX EXPENSE (BENEFIT)          |                             |                      - |                                                                                                                            |     - |                                                          |      -                                                       |                                        |      -                                                 |                                                                |       -                                                 |   |         - |   |
| NET LOSS                              |                             |                                                                                                                            |   (17,327,439)                                                                                                        |                      | 15,308,925                                                    |                                                                                  | (2,018,514)                                 |                                                                            |  (16,213)                                                      |                                                                                  | (3,071,024) |   |  (3,087,237) |   |
| LOSS ATTRIBUTABLE TO                  |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |            -                   |   |   |   |
|                                  | NONCONTROLLING INTEREST          |                                                                                                                            |                      - |                      |           - | (d)                                                                                   |        - |                                                                            |            - |                                                                                  | 2,548,979 | (d) |     2,548,979 |   |
| NET LOSS ATTRIBUTABLE TO              |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |
| PARENT                                |                             | (17,327,439)                                                                                                                    |                                                                                                                            | 15,308,925                |                                                          | (2,018,514)                                                                           |                                        | (16,213)                                                                        |                                                                | (522,046)                                                                             |   | (538,259) |   |
| OTHER COMPREHENSIVE                   |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                | -                                                                                     |   |   |   |
| INCOME(LOSS)                          |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |
|                                  | Unrealized holding gain(loss) on |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |   |
|                                  | investment                       |                                                                                                                            | (4,447,605)                                                                                                                     |                      | 4,447,605                                                     | (e)                                                                                   |    -                         |                                                                            | 1,350,000                                                           |                                                                                  | (1,350,000) | (e) |     - |   |
| NET COMPREHENSIVE INCOME(LOSS)        |                             | $(21,775,044)                                                                                                                   |                                                                                                                            | $19,756,530               | (f)                                                           | $(2,018,514)                                                                          |                                        |  $1,333,787                                                                |                                                                | $(1,872,046)                                                                          | (f) |  $ (538,259) |   |
|                                  |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |   |   |   |
| NET LOSS PER COMMON SHARE,            |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |
|                                  | BASIC AND DILUTED                |                                                                                                                            |  $        (0.30)                                                                   |                      |                                                          |                                                                                  |  $    (0.02)       |                                                                            |  $     (0.00)                         |                                                                                  |   |   |  $      (0.01) |   |
|                                  |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |   |   |   |
| WEIGHTED AVERAGE NUMBER               |                             |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |
|                                  | OF COMMON SHARES                 |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |
|                                  | OUTSTANDING,                     |                                                                                                                            |                                                                                                                            |                      |                                                          |                                                                                  |                                        |                                                                            |                                                                |                                                                                  |   |   |   |
|                                  | BASIC AND DILUTED                |                                                                                                                            |      57,011,875                                                                                        |                      |                                                          |                                                                                  | 57,011,875                                  |                                                                            |  24,790,643                                                    |                                                                                  |   |   |   24,790,643 |   |

| CONSOLIDATED STATEMENTS OF OPERATIONS |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |
|---------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------|
|                                  |                                                                                                                                  |                                                                                                                                  | For the Nine Month Period Ended                                                                                                       |                                                | For the Nine Month Period Ended                                                                                                       |
|                                  |                                                                                                                                  |                                                                                                                                  | December 31, 2009                                                                                                                     |                                                | December 31, 2008                                                                                                                     |
|                                  |                                                                                                                                  |                                                                                                                                  | Previously Reported                                                                                                                   |  Net Change                                    |                                                                                                                                  |  Restated                                                                                                                        |                                                                                                                                        | Previously Reported                                                                                                                         |  Net Change                                                                                                          |                                          |  Restated |
| TOTAL OPERATING EXPENSE               |      12,212,830                                                                                              |                                                                                                                                  |       (5,113,911)                                                                                       | (c)                                                 |        7,098,919                                                                                   |                                                                                                                                  |            139,789                                                                   |                                                                                                                                        |       3,400,153                                                                             | (c)                                           |           3,539,942 |
| LOSS FROM OPERATIONS                  |     (12,212,830)                                                                                                  |                                                                                                                                  |        5,113,911                                                                                   |                                                |       (7,098,919)                                                                                       |                                                                                                                                  |           (139,789)                                                                       |                                                                                                                                        |     (3,400,153)                                                                                       |                                          |         (3,539,942) |
| TOTAL OTHER INCOME(EXPENSE)           |            (19,720)                                                            |                                                                                                                                  |                  348                             | (c)                                                 |            (19,372)                                                            |                                                                                                                                  |               (5,000)                                                 |                                                                                                                                        |              2,772                                       | (c)                                           |                (2,228) |
| GOODWILL IMPAIRMENT LOSSES            |     (15,675,035)                                                                                                  |                                                                                                                                  |      15,675,035                                                                                              | (a)                                                 |                       - |                                                                                                                                  |                        - |                                                                                                                                        |                     - |                                          |                         - |
| LOSS BEFORE TAXES                     |     (27,907,585)                                                                                                  |                                                                                                                                  |      20,789,296                                                                                              |                                                |       (7,118,289)                                                                                       |                                                                                                                                  |           (144,789)                                                                       |                                                                                                                                        |     (3,397,381)                                                                                       |                                          |         (3,542,170) |
| INCOME TAX EXPENSE (BENEFIT)          |                       - |                                                                                                                                  |                       - |                                                |                       - |                                                                                                                                  |                        - |                                                                                                                                        |                     - |                                          |                         - |
| NET LOSS                              |     (27,907,585)                                                                                                  |                                                                                                                                  |      20,789,295                                                                                              |                                                |       (7,118,290)                                                                                       |                                                                                                                                  |           (144,789)                                                                       |                                                                                                                                        |     (3,397,381)                                                                                       |                                          |         (3,542,170) |
| LOSS ATTRIBUTABLE TO                  |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |
|                                  | NONCONTROLLING INTEREST                                                                                                               |                       - |                                                                                                                                  |        1,927,226 | (d)                                                                                                                                   |        1,927,226                                                                                   |                                                                                                                                        |                        - |                                                                                                                      |       2,722,551 | (d) |           2,722,551 |
| NET LOSS ATTRIBUTABLE TO PARENT       |  $ (27,907,585)                                                                                                                  |                                                                                                                                  |      22,716,521                                                                                              |                                                |       (5,191,064)                                                                                       |                                                                                                                                  |           (144,789)                                                                       |                                                                                                                                        |        (674,830)                                                                       |                                          |            (819,619) |
| OTHER COMPREHENSIVE INCOME(LOSS)      |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |
|                                  | Unrealized holding gain(loss) on investment                                                                                           |       (1,649,970)                                                                                       |                                                                                                                                  |        1,649,970 | (e)                                                                                                                                   |                       - |                                                                                                                                        |         1,350,000                                                                                   |                                                                                                                      |     (1,350,000)           | (e) |                         - |
| NET COMPREHENSIVE INCOME(LOSS)        |  $ (29,557,555)                                                                                                                  |                                                                                                                                  |  $  24,366,491                                                                                                         | (f)                                                 |  $   (5,191,064)                                                                                                  |                                                                                                                                  |  $     1,205,211                                                                                              |                                                                                                                                        |  $ (2,024,830)                                                                                                       | (f)                                           |  $        (819,619) |
|                                  |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |   |   |
| NET LOSS PER COMMON SHARE,            |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |
|                                  | BASIC AND DILUTED                                                                                                                     |  $            (0.62)                                                 |                                                                                                                                  |                                                |                                                                                                                                  |  $            (0.24)                                                 |                                                                                                                                        |  $             (0.01)                                                 |                                                                                                                      |                                          |   |  $              (0.02) |
|                                  |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |   |   |
| WEIGHTED AVERAGE NUMBER               |                                                                                                                                  |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |
|                                  | OF COMMON SHARES OUTSTANDING,                                                                                                         |                                                                                                                                  |                                                                                                                                  |                                                |                                                                                                                                  |                                                                                                                                  |                                                                                                                                        |                                                                                                                                        |                                                                                                                      |                                          |   |   |
|                                  | BASIC AND DILUTED                                                                                                                     |      45,353,313                                                                                              |                                                                                                                                  |                                                |                                                                                                                                  |      45,353,313                                                                                              |                                                                                                                                        |       24,762,202                                                                                              |                                                                                                                      |                                          |   |         24,762,202 |

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| (c)   | The restated consolidated statements of operations include operating results of the consolidated entity. Previously, the consolidated statement of operations reflected the financial statements of Kilimanjaro since its inception and the operations of Lake Victoria subsequent to August 7, 2009. Total operating expense increased by $366,110 which included accrued acquisition cost of $314,639 for the three month period ended December 31, 2009; and increased by $3,067,951 for the three months period ended December 31, 2008. The total operating expense for the nine month period ended December 31, 2009 and 2008 decreased by $5,113,911 and increased by $3,400,153, respectively. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Prior to the acquisition, the interest of Lake Victoria held by Kilimanjaro was less than 100%.  Net loss has been allocated between the non-controlling interest and the Company. For the three months ended December 31, 2009 and 2008, the loss attributable to non-controlling interest was $Nil and $2,548,979, respectively. The total loss attributable to non-controlling interest for the nine month period ended December 31, 2009 and 2008 increased by $1,927,226 and $2,722,551, respectively. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | The issue of control between the companies was reevaluated and it was determined that Kilimanjaro’s loss of a direct ownership position prior to the acquisition due to dilution from passive investors was temporary. Kilimanjaro was deemed to have retained control of Lake Victoria since its inception and accordingly Kilimanjaro consolidated its accounts prior to the acquisition. Minority ownership interest has been recorded for each accounting reporting period. The securities of Lake Victoria held by Kilimanjaro were previously classified as available for sale and reported at fair value. The investment was revalued at each reporting period to fair value, and consequently the gain/loss on investment was recorded as other comprehensive income, $(4,447,605) and $1,350,000 for three month period ended December 31, 2009 and 2008, respectively. As consolidation of the entities was deemed to be the appropriate accounting treatment, the prior accounting treatment recording the unrealized holding gains and losses on investment and other comprehensive income was deemed to be inappropriate and has been restated. The total change attributable to the net loss for the nine month period ended December 31, 2009 decreased by $1,649,970; and the net income at December 31,2008 decreased by $1,350,000. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (f)   | These restatements had the impact on the net loss for the three months ended December 31, 2009 of decreasing it by $19,756,530 ($0.28 per share) and decreasing the net income for the three months ended December 31, 2008 by $1,872,046 ($0.01 per share.) The net loss for the nine months ended December 31, 2009 decreased $24,366,491 ($.0.38 per share) and the net income for the nine months ended December 31, 2009 decreased $2,024,830 ($0.01 per share.) |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| Exhibit No. | Document Description                                                                                                                |
|-------------|-------------------------------------------------------------------------------------------------------------------------------------|
| 31.1        | Certification of Principal Executive Office and Principal Financial Officer pursuant Section 302 of the Sarbanes-Oxley Act of 2002. |
|        |                                                                                                                                |
| 32.1        | Certification of Chief Executive Officer and Chief Financial Officer pursuant Section 906 of the Sarbanes-Oxley Act of 2002.        |

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|   | LAKE VICTORIA MINING COMPANY, INC. |
|--------|------------------------------------|
|   |                               |
|   | BY:                                | ROGER A. NEWELL |
|   |                               | Roger A. Newell |
|   |                               | President, Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer and a member of the Board of Directors |

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| Exhibit No. | Document Description                                                                                                                |
|-------------|-------------------------------------------------------------------------------------------------------------------------------------|
| 31.1        | Certification of Principal Executive Office and Principal Financial Officer pursuant Section 302 of the Sarbanes-Oxley Act of 2002. |
|        |                                                                                                                                |
| 32.1        | Certification of Chief Executive Officer and Chief Financial Officer pursuant Section 906 of the Sarbanes-Oxley Act of 2002.        |

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