Lake Victoria Gold Stock Price, News & Analysis

Lake Victoria Gold (OTCQB: LVGLF) provided a Q2 2025 update on exploration conducted by Bulyanhulu Gold Mine (owned by Twiga/Barrick) on six licences sold to Buly in 2022. Q2 work included 12 reverse-circulation holes totaling 1,380 metres testing the granite–greenstone contact and planning aircore and RC programs to follow up geochemical anomalies.

Drilling intersected mafic metavolcanics, quartz porphyry dykes, silica‑sericite alteration, localized pyrite and quartz veining; rock chips from artisanal workings show potentially mineralized structures. Under the 2022 asset sale, LVG may receive up to US $45 million in contingent payments tied to future discoveries or resource thresholds. Barrick will prioritize Q3 2025 follow-up targets.

Lake Victoria Gold (TSXV: LVG) will present a live virtual corporate update hosted by Red Cloud Financial Services on October 22, 2025 at 2:00 PM ET. The presentation includes a live moderated Q&A and a replay will be emailed to registrants and posted on the Red Cloud website.

The company says it is focused on growth and consolidation in the Lake Victoria Goldfield in Tanzania and will cover commodities to be discussed: gold. Registration and event details are available via the Red Cloud event page.

Lake Victoria Gold (OTCQB: LVGLF / TSXV: LVG) has started a 4,000-metre multi-purpose drilling program at the fully permitted Imwelo Gold Project in northwestern Tanzania, with the first hole (IMWRD_005) targeting ~120 m vertical depth and a planned final depth of ~230 m.

The program combines RC pre-collars with diamond tails to collect oriented geotech core, confirm metallurgy across oxide/transition/fresh domains, infill near-surface gaps to convert resources, test ~100 m and ~200 m down-dip extensions, and step-out west across a dyke-fault to potentially expand the pit.

The company cautions no NI 43-101 feasibility study exists, noting increased uncertainty and risks including grade, recoveries, geotech, costs, funding, and permits.

Lake Victoria Gold (OTCQB: LVGLF) has initiated a significant 4,000-metre drilling campaign at Area C of its Imwelo Gold Project in Tanzania. The project, located just 12 km from AngloGold Ashanti's Geita Gold Mine, is fully permitted with a 10-year mining license.

The drilling program, scheduled to begin October 6, 2025, aims to support production readiness and resource expansion. Area C, targeted as the first production zone, shows promising grades averaging 3.7 g/t Au with metallurgical recoveries exceeding 90%. The company plans to deploy a second drilling rig to accelerate the program and targets first gold production within 12 months of construction commencement.

Lake Victoria Gold (OTCQB: LVGLF) has reached a significant agreement in principle with the Tanzanian government regarding the state's 16% non-dilutable free carried interest in the Imwelo Gold Project. The framework includes a 6% royalty on gold production plus a 1% export levy, with a reduced 4% royalty rate for in-country mineral refining.

The agreement establishes a new joint venture company to operate the Imwelo Mining Licence, requiring 20% of production to be refined and sold within Tanzania. This development represents a crucial regulatory milestone for Lake Victoria Gold, positioning the company to advance toward construction and production phases.

Lake Victoria Gold (OTCQB:LVGLF) has secured NEMC approval for its updated Environmental and Social Management Plan at the Imwelo Gold Project in Tanzania. The project, located 12km from AngloGold Ashanti's Geita Gold Mine, is fully permitted under a 10-year mining license and targets first gold production within 12 months of construction start.

The project's Area C zone shows promising grades of 3.7 g/t Au, with historical resources including 42,000 oz at 3.15 g/t (Measured), 95,700 oz at 1.95 g/t (Indicated), and 153,900 oz at 1.53 g/t (Inferred). The company has secured a non-binding gold prepay financing facility for pre-production activities and benefits from strategic support from Tanzania's leading mining contractor, Taifa Group.

Integra Resources (NYSE-American: ITRG) is positioned to benefit from unprecedented gold market momentum as prices surge beyond $3,400 per ounce. Major investment banks, including J.P. Morgan, project gold reaching $4,000 by mid-2026, while the VanEck Gold Miners ETF has surged over 40% year-to-date.

At Florida Canyon Mine, Integra delivered strong Q2 2025 results with record quarterly revenue of $61.1 million and mine operating earnings of $25.2 million. The company produced 18,087 gold ounces at average realized prices of $3,332 per ounce. With $63.0 million in cash, Integra is executing a $55 million mine-site improvement program and expanding its drilling program to 16,000 meters.

Lake Victoria Gold (OTCQB: LVGLF) has issued 228,872 common shares at $0.195 per share to satisfy its interest payment obligations to debenture holders. The share issuance, which received TSX Venture Exchange approval, covers $44,630 in accrued interest on $750,000 of convertible debentures issued in July and August 2024. The interest payment period covers up to June 30th, 2025.

Lake Victoria Gold (OTCQB: LVGLF) provided an update on the construction of the Nyati Resources gold processing facility in Tanzania and progress toward a binding agreement. The facility includes an operating 120 tonne-per-day CIP plant and is completing a larger 500+ tpd unit, bringing total capacity to over 600 tpd.

The new plant is in final stages of construction with commissioning expected in 4-6 weeks. Key components including crushing circuits, ball mills, leach circuits, and electrical systems are installed and undergoing final testing. The facility features dual regrind mills and high-capacity leach tanks for maximizing recoveries.

The company is advancing negotiations for a binding agreement with Nyati Resources, which would grant LVG exclusive rights to mill and process ore through the facility.