Program confirms the proposed plant and accommodation footprints are free of economic mineralization, supporting Phase 1 site preparation Lake Victoria Gold Ltd. is pleased to announce the completion of a sterilization drilling program at its Imwelo Gold Project in the Geita Region of Tanzania, held through the Company's wholly-owned subsidiary Tembo Gold Limited under Mining Licence ML 538/2015. The program confirmed [...]
In junior mining, the gap between a permit and a producing mine is where dreams go to die. Plenty of companies secure a deposit, a study, even a permit - and then stall for years, undone not by geology but by execution: the financing, the procurement, the in-country relationships, and the unglamorous administrative machinery required to actually build and run a mine. So when a developer stops talking about its rocks for a [...]
Lake Victoria Gold Ltd. is pleased to announce the strengthening of its in-country leadership team in Tanzania as the Company advances its fully permitted Imwelo Gold Project toward construction, development and production readiness. The Company has appointed Joseph Ntiga as Acting Chief Financial Officer, Tanzania and Cosmas Tungaraza as Compliance Officer. These appointments add experienced Tanzanian finance [...]
Lake Victoria Gold closes the final tranche of its convertible debenture financing as sterilization drilling advances at the fully permitted Imwelo Gold Project - moving the Company another step closer to construction in a record gold-price environment. USA News Group News Commentary Gold spent the past twelve months printing a sequence of records that has reset the financial calculus of the entire mining sector. Between [...]
Lake Victoria Gold Ltd. is pleased to announce that it has closed the second tranche of its non-brokered private placement of unsecured convertible debentures for gross proceeds of $300,000. Aggregate gross proceeds raised across the financing now total $3,834,200. In light of continued strong investor participation, the Company intends to increase the size of the Private Placement to aggregate gross proceeds of up to [...]
Sterilization drilling underway at fully-permitted Imwelo Gold Project as construction-stage juniors capture spotlight in a $4,700 gold tape Equity Insider News Commentary The narrowing cohort of development-stage gold companies with permits in hand, funding committed, and drill rigs already turning is one of the most-watched segments of the precious metals complex right now. With gold trading near multi-year highs and [...]
Lake Victoria Gold Ltd. is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on April 1, 2026, as amended on April 28, 2026 , of unsecured convertible debentures for gross proceeds to the Company of $3,534,200. The Company intends to close a subsequent tranche of the Private Placement to raise aggregate gross proceeds, together with the first tranche, of up to [...]
Key Takeaways: Reverse circulation drill rigs are mobilizing to site at Lake Victoria Gold's Imwelo Project this week, with a ~21-day, ~1,050-m sterilization program scheduled to begin mid-May ahead of construction. The financing stack is structured and advancing toward close: a US$25 million gold loan facility from Monetary Metals plus a fully committed C$3.8 million convertible debenture financing. Imwelo is fully [...]
Lake Victoria Gold Ltd. announces the results of a geotechnical review and testing program completed at its fully permitted Imwelo Gold Project in northwestern Tanzania, supporting final pit design and advancing ongoing engineering and mine planning as the Company progresses toward development readiness. The geotechnical program, completed by Luhlaza Advisory and Consulting Ltd. in collaboration with City Engineering [...]
Lake Victoria Gold Ltd. is advancing its fully permitted Imwelo Gold Project toward development, with drill rigs mobilizing to site ahead of a targeted sterilization drilling program scheduled to commence next week. The program represents a key pre-construction workstream, supporting final infrastructure placement and site layout as the Company continues to progress Imwelo toward near-term production. Key Highlights [...]
Lake Victoria Gold Ltd. announces that further to its news release of April 1, 2026, it has increased the non-brokered convertible debenture financing from $3 million to $3.8 million, due to investor demand. The Company further announces that the conversion price of the debentures to be issued in the Private Placement has been adjusted to $0.30. All other terms of the Private Placement remain unchanged. The Private [...]
The money pouring into African gold right now isn't speculative. It's structural. Exploration budgets across the continent climbed 11% to US$1.44 billion last year, and financing for junior miners more than doubled to a near-record level. At the same time, central banks are forecast to buy roughly 850 tonnes of gold in 2026, keeping a firm floor under prices that already topped US$5,500 per ounce in January. That [...]
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