Lake Victoria Gold Ltd. Announces 7,750 Metre Drill Program at Imwelo Gold Project in Tanzania to Boost Mine Readiness

Reuters
昨天
Lake <a href="https://laohu8.com/S/VCCTF">Victoria</a> Gold Ltd. Announces 7,750 Metre Drill Program at Imwelo Gold Project in Tanzania to Boost Mine Readiness

Lake Victoria Gold Ltd. has launched a 7,750-meter multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. This initiative aims to support short-term production readiness, resource conversion, and optimize final pit design, with completion anticipated by Q3 2025. The Imwelo Project, located near AngloGold Ashanti's Geita Gold Mine, involves open-pit mining with potential for underground development. The project holds a Tanzanian mining license and features a historical resource estimate of 291,600 ounces of gold. The drilling program includes grade control and strike and depth extension drilling to refine the initial ore/waste interface and explore high-grade extensions, marking significant progress toward establishing Lake Victoria Gold as a key gold producer in Tanzania.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lake Victoria Gold Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 256659) on June 25, 2025, and is solely responsible for the information contained therein.

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