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Lake Victoria Gold Begins Phase 1 Earthworks at Imwelo Gold Project

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Lake Victoria Gold (LVG.V) said Tuesday it started Phase 1 earthworks at its Imwelo Gold Project in Tanzania.

The company plans to upgrade the existing access road and prepare the plant site under the initial earthworks program, it said. The project's site camp construction is nearing completion.

"We are establishing the infrastructure in the order the project requires, while ensuring that early investments, including the camp, continue to serve Imwelo through construction and into operations," said Chief Executive Officer Marc Cernovitch.

The company's shares were last seen up C$0.01, or 4%, to C$0.26 on the TSX Venture Exchange.

Price: $0.26, Change: $+0.01, Percent Change: +4.00%

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