Lake Victoria Gold is pleased to announce that it has closed its previously announced non-brokered private placement consisting of the issuance of 34,285,715 units of the Company at a price of $0.175 per Unit, for aggregate gross proceeds to the Company of $6,000,000.13. The LIFE Private Placement was subject to a minimum amount of $3,000,000. Each Unit is comprised of one common share of the Company and one-half of one [...]
Fed rate cut expectations have reached certainty levels, with futures markets now showing 100% probability for a 25 basis-point reduction in September, following tepid August employment data that solidified monetary easing momentum[1]. This policy pivot arrives as gold surges past $3,700 toward Goldman Sachs' aggressive $3,700 year-end target[2], while central banks accelerated purchases to 166 tonnes in Q2 2025 alone[3], a 41 [...]
Federal Reserve Chair Jerome Powell's latest Jackson Hole comments about possible rate cuts have excited gold investors, with the metal staying strong above the key $3,300 level. As markets expect cuts in September following signs of employment weakness alongside persistent inflation, this creates a challenging 1970s-style economic backdrop that historically favors gold. Powell's focus on employment concerns while [...]
After months of gold hanging in above $3,300 per ounce, the junior mining sector is finally getting its day in the sun. These smaller exploration and development companies have always been the high-risk, high-reward plays of the gold world, and right now they're showing exactly why investors love them during bull markets. When gold prices stay elevated like this, junior miners can deliver explosive returns that make the [...]
Lake Victoria Gold Ltd. is pleased to announce that the Tanzanian National Environment Management Council has approved the updated Environmental and Social Management Plan for the Imwelo Gold Project, located in the Geita Region of northwestern Tanzania. The ESMP update was undertaken to reflect changes since the original study completed in 2013, which formed the basis for the issuance of the project's Environmental [...]
Late last week as global equities rose, U.S. gold futures hit a record high. This week, despite a pullback on Monday, experts continue to see more optimism to come in gold. Now, even though gold miners earned double the profits of 2011, the last year the market saw such sector momentum as now, analysts are claiming that gold equities are still undervalued. Looking ahead, the market is looking at the miners making moves [...]
Lake Victoria Gold Ltd. is pleased to announce that it intends to complete a non-brokered private placement consisting of the issuance of units of the Company at a price of $0.175 per Unit, for aggregate gross proceeds to the Company of up to $6,000,000. The LIFE Private Placement is subject to a minimum offering amount of $3,000,000. Each Unit will be comprised of one common share of the Company and one-half of one [...]
Lake Victoria Gold Ltd. announces that further to its news release dated July 3rd 2025 the Company, having received TSX Venture Exchange approval, has issued to debenture holders an aggregate of 228,872 common shares in the capital of the Company at a price of $0.195 per Share, as determined in accordance with the terms of the $750,000 of convertible debentures issued on July 26, 2024 and August 8, 2024. The issuance of [...]
Lake Victoria Gold Ltd. is pleased to provide an update on the construction progress of the gold processing facility owned by Nyati Resources Limited in Tanzania, and on the advancement of negotiations toward a binding agreement. David Scott, Managing Director Tanzania & Director of LVG, commented following a recent site visit: "It was impressive to see the scale and quality of construction firsthand. The Nyati team has [...]
Lake Victoria Gold Ltd. announces that under the terms of the $750,000 of convertible debentures issued on July 26, 2024 and August 8, 2024, it has elected to satisfy its obligation to pay an aggregate of $44,630 in interest accrued on the convertible debentures up to June 30th 2025 by issuing to such debenture holders an aggregate of 228,872 common shares in the capital of the Company at a price of $0.195 per Share, as [...]
Lake Victoria Gold Ltd. is pleased to announce a 7,750 metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. The program is designed to support short-term production readiness, resource conversion, and final pit design optimization, with completion targeted for Q3 2025. This campaign forms a key component of LVG's strategy to initiate a low-capex [...]
Lake Victoria Gold Ltd. is pleased to provide an update on exploration activities conducted during Q1 2025 by Bulyanhulu Gold Mine Limited , a joint venture between Barrick Mining Corp. and the Government of Tanzania. These activities form part of the US$9 million exploration expenditure commitment made by Buly as part of the Asset Purchase Agreement signed in December 2021, under which Buly acquired six non-core [...]