Central Bank Buying Wave Highlights Upside In Undervalued Gold Miners
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER – Baystreet.ca News Commentary – The demand for gold is going up, as central banks are increasingly buying gold from local mines as the price in 2025 continues to make gains. Higher gold prices lead to higher market interest in miners, and according to VanEck analysts, gold is holding firm as junior miners are regaining momentum. Now as retail investors discern the present gold opportunity, explorers and producers making well‑timed progress include Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Idaho Strategic Resources, Inc. (NYSE-American: IDR), Orosur Mining Inc. (TSXV: OMI) (OTCPK: OROXF), Sitka Gold Corp. (TSXV: SIG) (OTCQB: SITKF), and Compañía de Minas Buenaventura S.A.A. (Buenaventura) (NYSE: BVN).
Even with gold holding firm, shares of gold miners remain deeply discounted, suggesting ample room for a catch‑up move. As the precious metal stays comfortably over the US$3,300 per ounce price point, several analysts are believing in an upcoming US$4,00 price target. With the current gold bull market comfortably underway, analysts are pointing to how mining stocks outshine the physical commodities themselves.
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has moved a critical step closer to near‑term cash flow after confirming that Nyati Resources’ processing facility—located on one of the Tembo mining licences—is on track to begin commissioning within the next four to six weeks.
“It was impressive to see the scale and quality of construction firsthand,” said David Scott, Managing Director Tanzania & Director of LVG, following a recent site visit. “The Nyati team has delivered a well-engineered plant with strong attention to detail across all critical circuits. With commissioning just weeks away, the site is clearly in the final stages of readiness. This facility will play a key role in enabling our development strategy at Tembo and beyond.”
The fully permitted site already hosts an operating 120‑tpd carbon‑in‑pulp plant; construction of a second unit is anticipated to lift total capacity past 600 tpd and add dual regrind mills, high‑capacity leach tanks, and grid‑tied power with standby generation.
Final equipment tests are under way, Run-of-Mine (ROM) pads are stocked with commissioning material, and both companies are negotiating a binding toll‑milling agreement that would give Lake Victoria Gold exclusive access to the facility for Tembo mineralized material while outlining capital contributions and revenue‑sharing terms.
The Nyati milestone dovetails with Lake Victoria Gold’s 7,750‑m drill program at Area C, the highest‑grade zone of its fully permitted Imwelo Gold Project 12 km from AngloGold Ashanti’s Geita mine.
Drilling combines 3,750 m of tight‑grid RC work for ore‑waste definition with 4,000 m of step‑out holes targeting strike and depth extensions. Notable hits to date include 6.8 m at 14.6 g/t gold from 33.2 m and 2 m at 7.5 g/t from 22 m, reinforcing Area C as the starter pit and supporting final pit optimisation ahead of a construction decision expected after Q3 2025.
“We’ve designed this program to maximize Imwelo’s short-term production readiness while extending the upside case,” said Marc Cernovitch, President and CEO of Lake Victoria Gold. “The drill data will help us finalize early mine scheduling, validate pit design, and potentially unlock high-grade extensions. With Area C now fully defined as our initial production zone, we’re making meaningful progress toward becoming Tanzania’s next gold producer.”
Management is running a parallel 3,000‑m RC campaign at the Tembo Project’s Ngula 1 target, where historic intercepts reached 28.57 g/t over 3 m from 54 m, and 17.6 g/t over 1.5 m from 31m.
Shallow drilling aims to outline early‑feed material for Nyati while mapping a two‑kilometre structural corridor. Should JV processing start as planned, Tembo could generate first revenue even before Imwelo breaks ground, creating a staggered, lower‑risk production ramp.
Beyond self‑directed work, LVG retains upside from its 2021 asset sale to Barrick’s Bulyanhulu mine, which carries up to US $45 million in contingent payments tied to discoveries. A gold prepay with Monetary Metals covering up to 7,000 oz and an C$11.52 million strategic financing commitment from Taifa Group keep the treasury healthy.
With drills turning on two fronts, plant access secured, and majors spending next door, Lake Victoria Gold has transitioned from pure explorer to imminent producer with multiple, low‑capex paths to cash flow.
CONTINUED… Read this and more news for Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/
In other industry developments and happenings in the market include:
Idaho Strategic Resources, Inc. (NYSE-American: IDR) is running its most aggressive field season yet, with two rigs turning at the Golden Chest mine and fresh drill programs testing five prospects across the Murray Gold Belt.
"We have spent many years building the gold production side of the Company's business plan while also building an asset base, strong balance sheet and share structure to not only capitalize on today but have the flexibility to strategically position for what comes next,” said John Swallow, President and CEO of Idaho Strategic Resources. “With the help of solid gold grades, a strong gold price and being a producing gold company, IDR finds itself in a position to invest in the exploration side of its business plan like never before. For the first time ever, we are testing drill targets and advancing exploration plans across the entirety of our extensive property portfolio.”
Idaho Strategic is financing district‑wide exploration from ongoing gold production while also advancing rare‑earth targets at Mineral Hill and Lemhi Pass. Management says the production‑backed model offers downside protection today and blue‑sky discovery upside for tomorrow.
Orosur Mining Inc. (TSXV: OMI) (OTCPK: OROXF) recently drilled 62.3 m grading 12.76 g/t gold at the Pepas prospect on its Anzá Project in Colombia, one of the thickest high‑grade hits recorded worldwide this year. Orosur is infilling the Pepas core for a maiden resource while step‑out holes like 38.5 m at 6.01 g/t show room to grow the envelope.
"The latest results at Pepas are exciting,” said Brad George, CEO of Orosur. “Not only do we continue to expand the area of potential that will require drill follow-up, but the commencement of resource drilling has exceeded all expectations, with some of the thickest and highest grade intersections seen anywhere in the world. We have only just begun."
The company now controls 100 % of Anzá and has four rigs active as it pursues a fast‑track resource estimate.
Sitka Gold Corp. (TSXV: SIG) (OTCQB: SITKF) recently intersected 47.6 m of 2.09 g/t gold, including 8 m of 5.07 g/t, at the Saddle Zone of its RC Gold Project in Yukon’s Tombstone Belt.
"Assays from the initial drilling completed at RC Gold this summer season have returned some excellent results," said Cor Coe, Director and CEO of Sitka. "The high-grade intercepts encountered in the first follow-up holes of the season at the Saddle zone are particularly impressive, with near-surface, multigram gold intervals that are approximately 300 metres east of the current Blackjack resource and located within the conceptual pit shell of that deposit."
Sitka notes the hit sits inside the proposed Blackjack pit shell but 300 m east of the current resource, hinting at a sizable expansion. Four rigs have already drilled nearly 19 km this season, with assays pending for 31 additional holes.
Buenaventura (NYSE: BVN) recently announced logged Q2 output of 30,463 oz gold and 3.4 M oz silver, benefiting from strong grades at El Brocal and steady tonnage at Uchucchacua. Total first‑half production stands at 61,946 oz gold and 6.99 M oz silver, supporting unchanged full‑year guidance of up to 147 k oz gold and 16 M oz silver.
Buenaventura secured a permit to expand leach‑pad capacity at Coimolache and is on pace to restart mining at full rate by late Q3. The diversified producer says its multi‑mine portfolio and Cerro Verde copper stake provide cash flow stability as it pushes new projects like San Gabriel toward first gold in 2025‑26.
Article Source: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/
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