(MENAFN- Baystreet) 10:28 AM EST - Lake Victoria Gold Ltd : Announces the commencement of a 4,000-metre, multi-purpose drilling campaign at the Area C zone of its fully permitted Imwelo Gold Project in northwestern Tanzania. The program is designed to support short-term production readiness, resource expansion and conversion, and final pit design optimization. This campaign forms a key component of LVG's strategy to initiate a low-capex open-pit operation at Imwelo, with future underground development to be evaluated as part of ongoing high-grade exploration and resource growth. Lake Victoria Gold Ltd shares V are trading up one cent at $0.19.

Full Press Release:

MENAFN01102025000212011056ID1110138839