Lake Victoria Gold Ltd. is pleased to announce the completion of field data collection for geotechnical studies supporting final open-pit designs at the Company's Imwelo Project. In addition, specific gravity measurements were completed on selected drill holes covering the strike extent of the planned first production area at Area C. These studies represent a key step toward near-term production planning at the Company's [...]
Global mined gold production is entering a definitive structural plateau as the depletion of aging assets outpaces the rate of primary discovery. This tightening physical constraint aligns with updated institutional forecasts projecting gold toward $5,000 per ounce by late 2026, a target reinforced by persistent and non-price-sensitive central bank demand. This fundamental shift toward secure, near-term supply fuels the [...]
With gold posting its strongest annual gain since 1979, Africa's mining sector has accelerated development timelines across Ghana, Senegal, Mali, and Tanzania. Location has emerged as the ultimate de-risking factor in 2025, with producers operating in proven geological districts commanding premium valuations while explorers in tier-one neighborhoods benefit from established infrastructure and geological continuity. Among [...]
Gold's climb above $4,300/oz continues attracting attention to high-grade discoveries. Major new gold deposits remain rare, creating structural advantages for companies delivering exceptional grades at surface or shallow depths. Among those capitalizing on this dynamic are Lake Victoria Gold, Lion One Metals, Collective Mining, Arizona Metals, and Tudor Gold. J.P. Morgan projects gold averaging $5,400/oz by Q4 2027 [...]
Lake Victoria Gold Ltd. reports results from a recent grab sampling program conducted at multiple active artisanal mining sites within its 100%-owned Tembo Project in northwestern Tanzania. The presence of ongoing artisanal activity across the licence area has highlighted several priority targets, with grab samples returning high-grade gold values of up to 35.45 g/t Au. The sampling program was designed to assess gold [...]
Africa's gold mining sector gained significant traction in Q4 2025 as developers accelerated permitting, secured capital, and advanced toward production milestones across Ghana, Senegal, Mali, Guinea, and Zimbabwe, positioning the continent for a surge in output heading into 2026. South Africa opened its first new underground gold mine in 15 years this Dec, capitalizing on bullion's record-breaking rally as gold now [...]
Lake Victoria Gold Ltd. is pleased to announce additional analytical results from the ongoing 4,000-metre drill program at the fully permitted Imwelo Gold Project in northern Tanzania's Lake Victoria goldfield. Assays from nine new holes further confirm the down-dip continuation of the primary mineralized zone below the current pit design and, importantly, define extensions to both the west and east that had not been [...]
Lake Victoria Gold Ltd. is pleased to report the first analytical results from the ongoing 4,000 m drill program at the fully permitted Imwelo Gold Project, located in the Lake Victoria goldfield of northern Tanzania. Assays for the first five holes confirm down-dip extensions of the primary mineralized zone beneath the current open-pit design and highlight additional hanging-wall and footwall potential. The program [...]
Lake Victoria Gold Ltd. is pleased to provide an update on the Q3 2025 exploration activities conducted on the licenses LVG sold to Bulyanhulu Gold Mine Limited . Buly acquired six licences from LVG under an Asset Purchase Agreement signed in December 2021. Buly is a joint venture between Barrick Mining Corp. and the Government of Tanzania. During the quarter, Bulyanhulu advanced the exploration program through a number [...]
Lake Victoria Gold Ltd. is pleased to announce the mobilization of a second multipurpose drill rig to fast-track drilling at the Company's fully permitted Imwelo Gold Project in northwestern Tanzania. Following the successful completion of the first three drill holes of the planned twenty-four-hole, 4,000-metre program at the Area C zone, the first two holes have been submitted for assay, with results expected next week [...]
Gold prices held above $4,100 per oz through late Oct 2025, extending a year that has delivered over 25% gains since January and positioned the precious metal for its strongest annual performance since 1979. This sustained rally at elevated levels drove mining profit margins to unprecedented territory, with producers seeing margins effectively double as operational costs remain relatively stable while gold continues to [...]
Lake Victoria Gold Ltd. is pleased to provide an update on the Q2 2025 exploration activities conducted on the licenses LVG sold to Bulyanhulu Gold Mine Limited . Buly acquired six licences from LVG under an Asset Purchase Agreement in 2022. Buly is owned by Twiga Minerals Corporation, a joint venture between Barrick Mining Corp. and the Government of Tanzania. Exploration during Q2 2025 was focussed on testing with [...]