Lake Victoria Gold Ltd.

Issued on behalf of Lake Victoria Gold Ltd. Equity Insider News Commentary - Amid the ongoing volatility on the markets, several gold stocks are surging, with the Top 50 mining companies thriving within the tariff-related chaos. All the while, analysts still believe these gold stocks are not only outperforming the market, but still look undervalued, a sentiment echoed by prominent economist Peter Schiff. Currently there [...]

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 [...]

Equity Insider News Commentary Issued on behalf of Lake Victoria Gold Ltd. With gold recently breaking above $3,200 per ounce, major banks are revising their forecasts even higher-UBS now sees gold hitting $3,500, while Deutsche Bank is targeting $3,700. As economic uncertainty continues to escalate, gold's parabolic price action is drawing renewed attention from investors looking for safe havens and inflation protection [...]

USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. USA News Group News Commentary - As tariff talks continue from the White House, gold prices rebounded back above $3,010, signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks continue to lean bullish in where gold prices are headed, including HSBC, Bank of America, Standard Chartered, and Citigroup [...]

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 [...]

Lake Victoria Gold is pleased to announce the appointment of Richard Reynolds to its Board of Directors. Mr. Reynolds brings over three decades of experience in mining, infrastructure, logistics, and commercial development, with a strong track record of success across East Africa and the UAE. Mr. Reynolds' appointment marks an important step in strengthening LVG's strategic partnership with Taifa Group and Taifa Mining [...]

Lake Victoria Gold is pleased to provide an update on the Q3 and Q4 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited , a partnership between Barrick Gold Corp. and the Government of Tanzania, on the licenses LVG sold to Buly in 2022 . Buly continues to advance exploration at the Project, targeting extensions of Bulyanhulu-style mineralization. A combination of aircore drilling , geochemical screening [...]

Lake Victoria Gold Ltd. is pleased to announce that it has completed the acquisition of mining licence ML 538/2015 comprising the Imwelo gold project located in Tanzania through the Company's wholly-owned subsidiary Tembo Gold Tanzania Limited , as initially announced in the Company's press release dated August 10, 2023. Pursuant to the terms of the licence purchase agreement dated August 9, 2023, as amended, among the [...]

Lake Victoria Gold Ltd. is pleased to announce that on November 30th 2024 a non-binding term sheet was signed with Monetary Metals & Co. for a pre-paid forward arrangement . The PPF includes a forward purchase of 7,000 ounces of gold to support the start-up and ongoing development of the Imwelo Mine in Tanzania. Additionally, MM will be entitled to an offtake of 100% of LVG's authorized export production, up to 100,000 [...]

Lake Victoria Gold Ltd. is pleased to announce that the Tanzanian Mining Commission has officially completed the 10-year renewal and authorization to transfer the Imwelo Mining License to LVG, indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited. This significant milestone secures LVG's long-term rights to the Imwelo Project and provides a solid foundation for the Company's growth and development [...]