# Gold Miners Chase Recovery Gains as Prices Hold Above $4,300 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/gold-miners-chase-recovery-gains-as-prices-hold-above-4-300--643e5797-4464-4678-833a-8902c91d684f Original source: https://www.prnewswire.com/news-releases/gold-miners-chase-recovery-gains-as-prices-hold-above-4-300--302888946.html Publisher: prnewswire Original announcement: 2026-09-24T13:31:55.767Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-24T13:34:36.906Z Atlas analysis updated: 2026-09-24T13:34:36.906Z - Company: Lake Victoria Gold Ltd. - Ticker: LVG - Exchange: Unavailable - Region: Tanzania - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Metallurgy, Drill results - Extracted: 2026-09-24 13:34:37 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Lake Victoria Gold Ltd. has identified attrition scrubbing followed by desliming as the preferred pretreatment route for clay-rich weathered ore at its Imwelo Gold Project in Tanzania. Metallurgical testing showed gold extraction increasing from 49.99% to over 84% on pretreated material, providing a clearer metallurgical basis for project execution. Reasoning: Metallurgical testwork successfully demonstrated that attrition scrubbing and desliming significantly boost gold extraction from problematic clay-rich weathered ore at the Imwelo Project. - Positive factor: Significant recovery improvement via pretreatment - Positive factor: Clear processing direction identified for clay-rich ore - Positive factor: Successful bottle-roll testing - Negative factor: Results based on pretreated fractions, not whole-ore recovery - Negative factor: Clay-rich material presents handling and leaching challenges Facts used in scoring: 4 ## Classification and evidence **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: The metallurgical program involves attrition scrubbing, desliming, and CIL/agitated leach. Evidence · text > attrition scrubbing followed by desliming identified as the preferred pretreatment route **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release names an independent laboratory \(Nesch Mintech Tanzania Limited\) and a Qualified Person \(David Scott\). Evidence · text > The program, completed by Nesch Mintech Tanzania Limited, an independent laboratory in Mwanza **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: David Scott, Pr. Sci. Nat., is named as the Qualified Person who reviewed and approved the technical information. Evidence · text > The scientific and technical information in Lake Victoria Gold Ltd.'s release was reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person **Gravity Route** Polarity: neutral Definition: Gravity separation forms a material part of the flowsheet. Why it applies: the document describes a gravity route \("gravity"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### IMWDR 029 [Link to this fact](https://atlas-staging.minestarters.com/news/gold-miners-chase-recovery-gains-as-prices-hold-above-4-300--643e5797-4464-4678-833a-8902c91d684f#fact-drill-facts-2) gold #### Identity - Hole ID: IMWDR 029 - Commodity: gold - Region: tanzania - Reported Region: tanzania - Ticker: LVG #### Geometry - Grade: 28.71 - Grade Unit: g/t - Intercept: 2.75 m - From: 21 m - To: 23.75 m - Intercept Depth: 21 m #### Classification - Sample Type: drill - Group ID: IMWDR 029:21-23.75 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: 28.71 g/t Au over 2.75m is a strong intercept in the weathered zone. - Positive factor: High grade intercept Evidence · text > 28.71 g/t Au over 2.75 metres from 21.00 metres in IMWDR 029 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This is another important step in moving the Project from engineering into execution." The metallurgical program follows" ### IMWDR 028 [Link to this fact](https://atlas-staging.minestarters.com/news/gold-miners-chase-recovery-gains-as-prices-hold-above-4-300--643e5797-4464-4678-833a-8902c91d684f#fact-drill-facts-3) gold #### Identity - Hole ID: IMWDR 028 - Commodity: gold - Region: tanzania - Reported Region: tanzania - Ticker: LVG #### Geometry - Grade: 12.2 - Grade Unit: g/t - Intercept: 4.5 m - From: 32 m - To: 36.5 m - Intercept Depth: 32 m #### Classification - Sample Type: drill - Group ID: IMWDR 028:32-36.5 #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: 12.20 g/t Au over 4.50m is a significant intercept. - Positive factor: Strong grade intercept Evidence · text > 12.20 g/t Au over 4.50 metres from 32.00 metres in IMWDR 028 #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This is another important step in moving the Project from engineering into execution." The metallurgical program follows" ## Metallurgical Results (2) ### agitated leach [Link to this fact](https://atlas-staging.minestarters.com/news/gold-miners-chase-recovery-gains-as-prices-hold-above-4-300--643e5797-4464-4678-833a-8902c91d684f#fact-metallurgical-facts-0) Imwelo Gold Project · gold #### Identity - Project: Imwelo Gold Project - Commodity: gold - Region: tanzania - Reported Region: Tanzania - Ticker: LVG #### Test Work - Program Status: detailed - Test Type: agitated leach - Processing Route: attrition scrubbing followed by desliming, 24-hour agitated leach - Sample: Area C clay-rich material, 24-hour agitated leach extraction \(pretreated fraction\) #### Recovery - Recovery: 84.54 % - Recovery Basis: actual\_test - Head Grade: 3.8 - Head Grade Unit: g/t #### Lab - Laboratory: Nesch Mintech Tanzania Limited #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Recovery rose from 49.99% to 84.54% following pretreatment. - Positive factor: Substantial recovery increase from as-received material - Negative factor: Relates to pretreated fractions only Evidence · text > Mechanically agitated 24-hour gold extraction increased from 49.99% on as-received material to 84.54% on the pretreated fraction. #### Tags used in scoring **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: processing\_route matches the mill\_cil signal ### bottle roll [Link to this fact](https://atlas-staging.minestarters.com/news/gold-miners-chase-recovery-gains-as-prices-hold-above-4-300--643e5797-4464-4678-833a-8902c91d684f#fact-metallurgical-facts-1) Imwelo Gold Project · gold #### Identity - Project: Imwelo Gold Project - Commodity: gold - Region: tanzania - Reported Region: Tanzania - Ticker: LVG #### Test Work - Program Status: detailed - Test Type: bottle roll - Processing Route: attrition scrubbing followed by desliming, 48-hour bottle roll - Sample: Area C clay-rich material, 48-hour bottle-roll testing \(pretreated fraction\) #### Recovery - Recovery: 88.15 % - Recovery Basis: actual\_test - Head Grade: 3.8 - Head Grade Unit: g/t #### Lab - Laboratory: Nesch Mintech Tanzania Limited #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Bottle-roll testing returned recoveries of up to 88.15% on the pretreated fraction. - Positive factor: High recovery achieved in bottle-roll testing - Negative factor: Relates to pretreated fractions only Evidence · text > Bottle-roll testing returned recoveries of up to 88.15% at 48 hours on the pretreated fraction, versus 70.76% as received. ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.