Tuesday, 02 January 2024 12:17 GMT

Lake Victoria Gold Ltd


Date:

(MENAFN- Baystreet) 09:55 AM EST - Lake Victoria Gold Ltd: Announces the commencement of an approximately 6,500-metre reverse circulation grade control drilling program at Area C, the planned initial open-pit mining area at its fully permitted Imwelo Gold Project in Tanzania. Drilling will define near-surface mineralization at close spacing, providing the detailed geological information needed to delineate the boundary between economic mineralization and barren host rock, providing the information to effectively manage dilution and optimize grade control, refine the initial mining sequence, and prepare for pre-production mineralized material stockpile management. Lake Victoria Gold Ltd shares V are trading unchanged at $0.32.

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