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Lake Victoria Gold Ltd V.LVG

Alternate Symbol(s):  LVGLF

Lake Victoria Gold Ltd. is a gold exploration and development company. The Company is principally focused on the prospective Lake Victoria Goldfield in Tanzania. The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick’s 20 Moz Bulyanhulu Mine. The Company has one remaining license of 32 square kilometers on the Tembo Project located in northwest Tanzania. Its Imwelo Gold Project is a gold project located in northern Tanzania immediately to the west of Geita Gold Mine of Anglogold Ashanti. The Imwelo Project is held under a Tanzanian mining license ML538/2015 (ML) and includes a primary mining license PML2637 (PML). The ML is approximately 3.85 square kilometers and the PML is 8.5021 hectares. Its Dora License is contiguous to the Imwelo Gold Project. The Dora License (PL11953/2022 of 19 square kilometers) borders the Imwelo Mining License to the west, east and south.


TSXV:LVG - Post by User

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  • RayWinnipeg1X
Comment by RayWinnipeg1on Nov 30, 2024 2:07pm
69 Views
Post# 36339088

RE:The Gold Bull Case + $LVG = Perfect Timing?

RE:The Gold Bull Case + $LVG = Perfect Timing?The significant drilling being done by barrick on the periphery part of the main lvg property results are supposed to
be in. Lvg will be a large beneficiary to good finding as we get. Percentage thereof. The newer mine acquisition coming on line should feed lvg enough funds to further explore the original main find location without having to dilute further. With barrick buy in already it would make sense for them to
pirchase on strong results across the board. I've owned for over thirty years and am hopeful of strong share price returns in the coming year.
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