Welcome to our dedicated page for Lake Victoria Gold news (Ticker: LVGLF), a resource for investors and traders seeking the latest updates and insights on Lake Victoria Gold stock.
Lake Victoria Gold Ltd. reports company news centered on gold project development in Tanzania's Lake Victoria Goldfield. Recurring updates cover the Imwelo Gold Project and Tembo Project, including drilling results, geotechnical testing, metallurgical recovery work, pit optimization, mine planning, permitting status, and Tanzania mining regulatory matters.
Company announcements also describe material agreements, capital-structure matters, governance disclosures, strategic investor participation, and project-funding themes tied to advancing exploration and development-stage gold assets.
Lake Victoria Gold (TSXV: LVG, OTC: LVGLF) will deliver a live virtual corporate update hosted by Red Cloud Financial Services on June 18, 2026 at 2:00 PM ET.
The webinar will cover near-term production and growth in Tanzania focused on gold, with a live Q&A and replay access.
Lake Victoria Gold (OTCQB: LVGLF) reported geotechnical results from Imwelo that will inform final pit design and ongoing engineering for Area C. Tests show a near-surface oxidised saprock zone (0–60 m) of lower strength and fresh rock with uniaxial compressive strength up to ~166 MPa, supporting steeper slopes at depth and free-dig mining potential near surface.
The company is integrating these parameters into pit optimization, slope stability, waste movement, metallurgy, and site development toward a construction-ready mine plan.
Lake Victoria Gold (TSXV: LVG / OTCQB: LVGLF) has mobilized reverse circulation drill rigs to begin a targeted sterilization drilling program at the fully permitted Imwelo Gold Project, with work scheduled to start mid-May and run ~21 days. The ~1,050 metre RC program will test plant, accommodation and support zones to confirm final infrastructure placement and inform engineering, final site layout, pit design and construction sequencing. Results are intended to prevent infrastructure siting over mineralized zones and feed directly into detailed engineering and mine planning ahead of near-term construction.
Lake Victoria Gold (OTCQB: LVGLF) has initiated Tanzania's statutory 16% non-dilutable free carried interest process for the Tembo mining licences and is advancing near-term development planning. The company is in advanced negotiations toward a binding agreement with Nyati Resources to support toll milling and potential early-stage production, using a low-capex strategy that leverages existing regional processing infrastructure. Parallel workstreams include government participation implementation, targeted drilling at the initial production area, and technical programs to support phased mine planning and operational readiness.
Lake Victoria Gold (OTCQB: LVGLF) reported metallurgical testwork on Area C at Imwelo showing up to ~96–97% gold recovery via gravity concentration plus cyanide leaching. Tests indicate a strong gravity component (~42–47%), ~84% direct cyanide-leachable gold and Bond Work Index ~22.9 kWh/t, supporting a simple gravity-CIL flowsheet.
Results align with 2013–2017 programs and are being integrated into final mine planning and plant design to advance near-term production plans.
Lake Victoria Gold (OTCQB: LVGLF) completed its Imwelo Area C drill program and received assays, confirming down-dip continuity and new lateral mineralized extensions beyond the current pit design.
Key outcomes include depth continuity to >250m, average vertical intersections ~120m, multiple high-grade intercepts, and work advancing final pit optimization, geotechnical de-risking and metallurgical testing to support near-term production readiness.
Lake Victoria Gold (OTCQB: LVGLF) completed field data collection for geotechnical studies and specific gravity measurements at the Imwelo Project Area C on January 26, 2026, advancing final open-pit design work.
Two dedicated geotechnical holes (IMWDR016 to 150m and IMWDR019 to 163m) were completed, geotechnical logging finished, and samples submitted for rock strength laboratory testing. Approximately 200 core samples were measured for specific gravity across laterite, saprolite, saprock and fresh rock, and core from 21 resource infill holes was captured for geotechnical interpretation. Results are being used to refine pit-shell optimization and support updated resource and mine-planning work, with engineering ongoing and final pit designs in progress.
Lake Victoria Gold (OTCQB: LVGLF) reported high‑grade artisanal grab samples at its 100%‑owned Tembo Project in Tanzania, with assays up to 35.45 g/t Au. Eight artisanal sites were sampled; notable results include Ngula 1 (up to 35.45 g/t), Ngula 2 (35.21 g/t), Mgusu (5.90 g/t), Nyangomango (7.86–8.50 g/t) and Nyakagwe East (22.68 g/t).
The company identified three priority drill targets and plans a close‑spaced drill program at Ngula 1 targeting a 300–400 m strike in Q1 2026. LVG is in advanced talks to finalize a binding toll‑processing agreement in early 2026 to utilize an existing 500 tpd CIP plant on the licence, subject to confirmatory drilling, permitting and a definitive agreement.
Lake Victoria Gold (OTCQB: LVGLF) reported assay results from nine additional holes in its 4,000-metre Imwelo drill program in northern Tanzania, confirming down-dip continuity of the primary zone and lateral extensions east and west of the current Area C pit design.
Key technical points: mineralization demonstrated to >250 m vertical depth versus historical ~200 m; current holes average ~120 m depth (vs historical ~50 m); notable assays include 8.55 g/t Au over 1.30 m and 11.19 g/t Au over 0.90 m. Sixteen of 24 holes are complete and further assays are pending.
Lake Victoria Gold (OTCQB: LVGLF) reported first assay results from five holes of a planned 4,000 m drill program at the Imwelo gold project, northern Tanzania. Highlights include continuity of the main lodes to >250 m vertical depth, additional hanging-wall and footwall mineralization, and intercepts comparable in grade and width to the modelled resource. Assays were returned from MSA Geita using Chrysos PhotonAssay and passed QA/QC. Five of twenty-four holes are complete; further assays are pending as drilling continues to support final pit design, resource conversion, and potential underground optionality.