Lake Victoria Gold Advances on Imwelo and Tembo

Tembo Gold (TSE:LVG) has released an update.

Lake Victoria Gold (LVG) is making significant strides in its corporate and technical endeavors, with the acquisition of the Imwelo Mining License (ML) nearing completion following regulatory approvals and financial negotiations. The Imwelo Project advances with infrastructure development and preparatory earthworks, while the Tembo Project sees Barrick Gold Corporation committing to a US$9,000,000 exploration investment. These developments mark LVG’s progress towards operational phases and long-term viability in the Tanzanian Lake Victoria goldfield.

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