Lake Victoria Gold is pleased to announce that its Tanzanian subsidiary, Tembo Gold Limited, has reached an agreement in principle with the Government of Tanzania on the major issues surrounding the Government’s statutory free carried interest in the Imwelo Gold Project.
Lake Victoria Gold Announces Closing of Oversubscribed Non-Brokered LIFE Private Placement of Units for $6 Million and Upsize of Concurrent Private Placement to $2 Million
Lake Victoria Gold is pleased to announce that it has closed its previously announced non-brokered private placement (the “LIFE Private Placement”), for aggregate gross proceeds to the Company of $6,000,000.13.
Lake Victoria Gold Secures Updated Environmental Approval, Strengthening Development Pathway at Imwelo
Lake Victoria Gold is pleased to announce that the Tanzanian National Environment Management Council (“NEMC”) has approved the updated Environmental and Social Management Plan (“ESMP”) for the Imwelo Gold Project, located in the Geita Region of northwestern Tanzania.
Lake Victoria Gold Announces Non-Brokered LIFE Private Placement of Units and Concurrent Private Placement of Common Shares
Lake Victoria Gold 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
Lake Victoria Gold Issues Shares to pay Debenture Interest
Lake Victoria Gold 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
Lake Victoria Gold Provides Update on Nyati Plant Construction and Progress Toward Binding Agreement
Lake Victoria Gold is pleased to provide an update on the construction progress of the gold processing facility owned by Nyati Resources (T) Limited (“Nyati”) in Tanzania, and on the advancement of negotiations toward a binding agreement.
Lake Victoria Gold to Issue Shares to Pay Debenture Interest
July 3, 2025 – Lake Victoria Gold 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
Lake Victoria Gold Launches Multi-Purpose Drill Program at Imwelo Area C to Support Mine Readiness
June 25, 2025 – Lake Victoria Gold 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.
Lake Victoria Gold Positioned to Benefit as Barrick Expands 2025 Drill Campaign
Lake Victoria Gold is pleased to provide an update on exploration activities conducted during Q1 2025 by Bulyanhulu Gold Mine Limited, a joint venture between Barrick and the Government of Tanzania.
Lake Victoria Gold Plans Strategic Resource Drilling Campaign at Ngula 1 to Support Processing JV
Vancouver, British Columbia – May 29, 2025 – Lake Victoria Gold is pleased to announce that will undertake a 3,000m reverse circulation (RC) drilling program within a recently granted mining licence (April 9, 2025) at Ngula 1, to delineate and evaluate a shallow resource.
Lake Victoria Gold Engages Nesch Mintech for Commissioning Audit of Nyati Gold Processing Plant
Lake Victoria Gold is pleased 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 (T) Limited (“Nyati”).
Lake Victoria Gold Ltd. Announces Signing of Letter of Intent for Proposed Small Scale Development at Tembo Project
Lake Victoria Gold 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.
Lake Victoria Gold Evaluates Small-Scale Development Concept at Tembo Project
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.
Lake Victoria Gold Provides Update on Tembo Project Following Mining License Conversion
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 (MLs).
Lake Victoria Gold Welcomes Richard Reynolds to Its Board of Directors in Connection with Taifa Group Strategic Partnership
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.
Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick
Lake Victoria Gold is pleased to provide an update on the Q3 and Q4 2024 exploration activities conducted by Bulyanhulu Gold, on the licenses LVG sold to Buly in 2022.
Lake Victoria Gold Announces the Completion of its Acquisition of the Imwelo Mining License and $3,520,000 Concurrent Private Placement
Lake Victoria Gold (TSXV: LVG) 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.
Lake Victoria Gold Signs Term Sheet for up to 7,000 Ounces Gold Pre-Pay Forward Purchase Facility
Lake Victoria Gold (TSXV: LVG) 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.
Lake Victoria Gold Announces Completion of 10-Year Renewal and Transfer of Imwelo Mining License
Lake Victoria Gold (TSXV: LVG) is pleased to announce that the Tanzanian Mining Commission has officially completed the 10-year renewal and authorization to transfer the Imwelo Mining License (“ML”) to LVG, indirectly through its wholly-owned subsidiary Tembo Gold Tanzania Limited.
Lake Victoria Gold Announces Extension to Non-Brokered Private Placement of Convertible Debentures
September 27, 2024, Vancouver, BC – Lake Victoria Gold Ltd. (TSXV:LVG) (“LVG”, or the “Company”) – announces that it is extending the closing of its non-brokered private placement previously announced on July 15, 2024 and August 28, 2024 (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for aggregate gross proceeds to the Company of up to $1,000,000.
Lake Victoria Gold Update on Exploration of Licences Adjacent to the Tembo Project Acquired by Barrick
Vancouver, British Columbia – September 10, 2024 – Lake Victoria Gold (TSXV: LVG) (“LVG”, or the “Company”) is pleased to provide an update on the Q1 and Q2 2024 exploration activities conducted by Bulyanhulu Gold Mine Limited (“Buly”), a partnership between Barrick Gold Corporation (“Barrick”) and the Government of Tanzania, on the licenses LVG sold to Buly in 2022.
Lake Victoria Gold Announces Submission of Final Documentation for 10-Year Renewal and Transfer of Imwelo Mining License
Vancouver, British Columbia – September 4, 2024 – Lake Victoria Gold (TSXV: LVG) (“LVG”, or the “Company”) is pleased to announce that all required documentation has been successfully submitted to the Tanzanian Mining Commission for both the 10-year renewal of the Imwelo Mining License (“ML”) and the transfer of the mining license to LVG.
Lake Victoria Gold Announces Extension to Non-brokered Private Placement of Convertible Debentures
Lake Victoria Gold announces that it is extending the closing of its non-brokered private placement previously announced on July 15, 2024 of unsecured convertible debentures for aggregate gross proceeds to the Company of up to $1,000,000.
Lake Victoria Gold Announces Second Tranche Closing and Increase in Size of Its Non-Brokered Private Placement of Convertible Debentures
August 8, 2024 – Lake Victoria Gold is pleased to announce that it has closed the second tranche of its non-brokered private placement announced on July 15, 2024 of unsecured convertible debentures for gross proceeds to the Company of $187,000.
Lake Victoria Gold Announces 10-Year Renewal of Imwelo Mining License
August 7, 2024 – Lake Victoria Gold Ltd. (TSXV: LVG) (“LVG”, or the “Company”) – is pleased to announce that Tanzoz Minerals Ltd.’s (“TML”) application to the Tanzanian Mining Commission for a 10-year renewal of the Imwelo Mining License (“ML”) has been accepted subject to certain conditions.