Lake Victoria Gold Secures up to a ~US$25 Million Gold Loan from Monetary Metals plus Fully Committed $3.0 Million Convertible Debenture Financing
Lake Victoria Gold is pleased to announce that it has agreed to terms for a gold loan facility of up to 6,000 ounces of gold (approximately US$25 million)
Lake Victoria Gold Advances Tembo Project with Government Participation Process and Near-Term Production Pathway
Lake Victoria Gold is pleased to provide an update on its Tembo Project in northwestern Tanzania, following recent engagement with the Tanzanian Mining Commission regarding implementation of the Government’s statutory participation.
Lake Victoria Gold Confirms up to Approximately 97% Gold Recovery and Free-Milling Metallurgy at the Imwelo Gold Project
Lake Victoria Gold is pleased to announce the results of metallurgical testwork completed on drill core samples from its recently completed drill program at Area C of the Imwelo Gold Project in northern Tanzania’s Lake Victoria Goldfield.
Lake Victoria Gold Completes Imwelo Area C Drill Program, Confirming Pit Expansion Potential and Advancing Project Toward Near Term Production
Lake Victoria Gold is pleased to announce the completion of drilling and receipt of all analytical results from its recent drill program at the fully permitted Imwelo Gold Project in northern Tanzania’s Lake Victoria Goldfield.
Lake Victoria Gold Advances Final Pit Design with Completion of Geotechnical and Specific Gravity Studies at Imwelo
Lake Victoria Gold is pleased to announce the completion of field data collection for geotechnical studies supporting final open-pit designs at the Company’s Imwelo Project.
Lake Victoria Gold Reports High-Grade Artisanal Sampling Results (Up to 35.45 g/t Au) and Advances Development Planning at Tembo
Lake Victoria Gold reports results from a recent grab sampling program conducted at multiple active artisanal mining sites within its 100%-owned Tembo Project in northwestern Tanzania.
Lake Victoria Gold Announces Additional Drill Results at Imwelo, Extending Mineralization Below and to the East and West of the Current Pit Design
Lake Victoria Gold is pleased to announce additional analytical results from the ongoing 4,000-metre drill program at the fully permitted Imwelo Gold Project in northern Tanzania’s Lake Victoria goldfield.
Lake Victoria Gold Extends Mineralization Below Pit Shell at Imwelo; First Results Confirm Continuity to >250 m Depth
Lake Victoria Gold is pleased to report the first analytical results from the ongoing 4,000 m drill program at the fully permitted Imwelo Gold Project, located in the Lake Victoria goldfield of northern Tanzania.
Lake Victoria Gold Announces Q3-2025 Exploration Update from Barrick on Tembo Area Licenses
Lake Victoria Gold is pleased to provide an update on the Q3 2025 exploration activities conducted on the licenses LVG sold to Bulyanhulu Gold Mine Limited.
Lake Victoria Gold Accelerates Drilling at Imwelo Area C with Second Rig Mobilization
Lake Victoria Gold is pleased to announce the mobilization of a second multipurpose drill rig to fast-track drilling at the Company’s fully permitted Imwelo Gold Project in northwestern Tanzania.
Lake Victoria Gold Reports Continued Barrick Exploration Success at Tembo-Area Licences
Lake Victoria Gold is pleased to provide an update on the Q2 2025 exploration activities conducted on the licenses LVG sold to Bulyanhulu Gold Mine Limited
Lake Victoria Gold Announces Closing of Non-Brokered Concurrent Private Placement of $2 Million
Lake Victoria Gold announces that in addition to the closing of the LIFE Private Placement announced on September 17, 2025, the Company is pleased to announce that it has now closed its non-brokered concurrent private placement…
Lake Victoria Gold Announces Imwelo Area C Drilling Underway: 4,000 m to Finalize Pit Design & Grow Ounces
Lake Victoria Gold is pleased to announce that drilling is underway on a 4,000-metre, multi-purpose program at the fully permitted Imwelo Gold Project in northwestern Tanzania.
Building the Starter Pit: Lake Victoria Gold Mobilizes Drill Rig at Imwelo’s Area C
Lake Victoria Gold is pleased to announce the commencement of a 4,000-metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania.
Lake Victoria Gold Reaches Agreement in Principle with Government of Tanzania on Free Carried Interest Framework
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.