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 [...]
Lake Victoria Gold Ltd. is pleased to announce that will undertake a 3,000m reverse circulation drilling program within a recently granted mining licence at Ngula 1, to delineate and evaluate a shallow resource. The goal is to establish sufficient resource to provide mineralized material to feed the recently announced opportunity to process near-surface material in a third party processing facility located within 3.5km of [...]
Lake Victoria Gold Ltd. is pleased to announce that it has formally engaged Nesch Mintech Tanzania Limited to conduct an independent commissioning audit and technical due diligence of the gold processing plant owned by Nyati Resources Limited . This work supports LVG's evaluation of a proposed joint venture with Nyati, focused on regional gold processing and development in Tanzania. This announcement follows LVG's recent [...]
Lake Victoria Gold Ltd. is pleased to report that at the Annual and Special Meeting of Shareholders of the Company held on May 7, 2025, the shareholders elected Marc Cernovitch, Simon Benstead, David Scott, Frank Högel, Seth Dickinson, Dean Comand and Richard Reynolds as directors of the Company. Shareholders also passed ordinary resolutions to appoint D&H Group LLP, Chartered Professional Accountants, as auditor of the [...]
Lake Victoria Gold Ltd. is pleased to announce that its wholly-owned subsidiary, Mineral Industry Promotion and Consulting Company Limited , has entered into a non-binding Letter of Intent , dated May 1, 2025, with Nyati Resources Limited to evaluate a potential small-scale gold development opportunity at the Company's Tembo Project in northern Tanzania. The proposed initiative builds on Lake Victoria Gold's strategy to [...]
Lake Victoria Gold is pleased to provide an update on its wholly owned Tembo Project in northern Tanzania, where the Company is evaluating a small-scale mining and processing opportunity aimed at generating early cash flow to support its broader exploration strategy. The initiative involves assessing the potential to extract and process near-surface material using existing local infrastructure. The Company cautions that [...]
Lake Victoria Gold is pleased to announce an important milestone in the advancement of its Tembo Project, located in the Lake Victoria Goldfield of northern Tanzania, following the successful conversion of its Prospecting License into four Mining Licenses This milestone marks a significant advancement in LVG's strategy to unlock the potential of Tembo, which has already benefited from over USD $28 million in exploration [...]
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