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.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。