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Lake Victoria Gold Says Initial Works at Imwelo Project in Tanzania Progressing

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Lake Victoria Gold (LVG.V) said Thursday that early works at the Imwelo Gold Project in Tanzania are progressing, with initial spot repairs on the Katoro-to-Imwelo access road being completed.

The construction camp is also substantially complete, the company said.

"These early works mark an important step as we move Imwelo from a fully permitted, development-ready asset toward construction. Reliable site access, preparation of the core infrastructure footprints and a substantially complete build-once camp are essential to that transition and reflect our practical, disciplined approach to development," said Chief Executive Officer Marc Cernovitch.

Lake Victoria Gold shares were last seen down CA$0.005 at CA$0.31 on the TSX Venture Exchange.

Price: $0.31, Change: $-0.01, Percent Change: -1.59%

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