Stocks in Play: Lake Victoria Gold Ltd

May 1, 2025 - 14:00
Stocks in Play: Lake Victoria Gold Ltd

Thursday, May 1, 2025

9:40 AM EST - Lake Victoria Gold Ltd : Announces its wholly-owned subsidiary, Mineral Industry Promotion and Consulting Company Limited, has entered into a non-binding Letter of Intent, dated May 1, 2025, with Nyati Resources Limited to evaluate a potential small-scale gold development opportunity at the Company's Tembo Project in northern Tanzania. The proposed initiative builds on Lake Victoria Gold's strategy to generate early operational insights and near-term value from within its 100%-owned Tembo Mining Licences, which have seen over USD $28 million in historical exploration. Lake Victoria Gold Ltd (V.LVG) shares were unchanged at 0.19.Stocks in Play: Lake Victoria Gold Ltd, Thu, 01 May 2025 09:57:06 EST