# Lake Victoria Gold drills 2.75 metres of 28.71 g/t gold at Imwelo Project, Tanzania Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lake-victoria-gold-drills-2-75-metres-of-28-71-g-t-gold-at-imwelo-project-tanzan--3e7f2beb-e0e9-46e2-9780-420a8c1966fc Original source: https://resourceworld.com/lake-victoria-gold-drills-2-75-metres-of-28-71-g-t-gold-at-imwelo-project-tanzania/ Publisher: resourceworld Original announcement: 2026-08-27T12:10:34.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Lake Victoria Gold Ltd. - Ticker: LVG - Exchange: Unavailable - Region: Tanzania - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Metallurgy - Extracted: 2026-08-28 16:18:24 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Lake Victoria Gold reported high-grade gold drill results at the Imwelo Project in Tanzania, including an intercept of 28.71 g/t Au over 2.75 metres. The company is also conducting metallurgical test work on weathered ore to optimize the processing flowsheet for the planned Area C open pit. Reasoning: Strong high-grade gold intercepts at shallow depths in the planned open-pit area, coupled with proactive metallurgical testing of weathered material. - Positive factor: high-grade intercepts - Positive factor: near-surface mineralization - Positive factor: metallurgical program underway to de-risk clay content - Negative factor: presence of clay in weathered zone requires additional processing Facts used in scoring: 4 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Individual quartz-vein samples returned up to 142.90 g/t Au. Evidence · text > returned up to 142.90 g/t Au **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: Release mentions independent metallurgical laboratory Nesch Mintech Tanzania Ltd. Evidence · text > submitted to independent metallurgical laboratory Nesch Mintech Tanzania Ltd. ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### IMWDR029 [Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-drills-2-75-metres-of-28-71-g-t-gold-at-imwelo-project-tanzan--3e7f2beb-e0e9-46e2-9780-420a8c1966fc#fact-drill-facts-0) Imwelo Project · gold #### Identity - Hole ID: IMWDR029 - Project: Imwelo Project - 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 #### Classification - Sample Type: drill - Group ID: IMWDR029:21.0-23.75 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-27T00:00:00.000Z Reasoning: Exceptional high-grade intercept at very shallow depth \(21m\). - Positive factor: high grade - Positive factor: shallow depth Evidence · text > 28.71 g/t gold over 2.75 metres from 21.00 metres in hole IMWDR029 ### IMWDR029 [Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-drills-2-75-metres-of-28-71-g-t-gold-at-imwelo-project-tanzan--3e7f2beb-e0e9-46e2-9780-420a8c1966fc#fact-drill-facts-1) Imwelo Project · gold #### Identity - Hole ID: IMWDR029 - Project: Imwelo Project - Commodity: gold - Region: tanzania - Reported Region: Tanzania - Ticker: LVG #### Geometry - Grade: 59.77 - Grade Unit: g/t - Intercept: 1.3 m - From: 21 m - To: 22.3 m #### Classification - Sample Type: drill - Group ID: IMWDR029:21.0-23.75 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-27T00:00:00.000Z Reasoning: Strong high-grade sub-interval within the main intercept. - Positive factor: high grade sub-interval Evidence · text > including 59.77 g/t Au over 1.30 metres from 21.00 metres ### IMWDR028 [Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-drills-2-75-metres-of-28-71-g-t-gold-at-imwelo-project-tanzan--3e7f2beb-e0e9-46e2-9780-420a8c1966fc#fact-drill-facts-2) Imwelo Project · gold #### Identity - Hole ID: IMWDR028 - Project: Imwelo Project - 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 #### Classification - Sample Type: drill - Group ID: IMWDR028:32.0-36.5 - Mining Method: open\_pit #### QA/QC - QA/QC Disclosed: Yes #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-27T00:00:00.000Z Reasoning: Solid high-grade intercept at shallow depth. - Positive factor: strong grade - Positive factor: shallow depth Evidence · text > 12.20 g/t Au over 4.50 metres from 32.00 metres in hole IMWDR028 ### IMWDR028 [Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-drills-2-75-metres-of-28-71-g-t-gold-at-imwelo-project-tanzan--3e7f2beb-e0e9-46e2-9780-420a8c1966fc#fact-drill-facts-3) Imwelo Project · gold #### Identity - Hole ID: IMWDR028 - Project: Imwelo Project - Commodity: gold - Region: tanzania - Reported Region: Tanzania - Ticker: LVG #### Geometry - Grade: 27.94 - Grade Unit: g/t - Intercept: 1.9 m - From: 33 m - To: 34.9 m #### Classification - Sample Type: drill - Group ID: IMWDR028:32.0-36.5 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-27T00:00:00.000Z Reasoning: High-grade sub-interval within the main intercept. - Positive factor: high grade sub-interval Evidence · text > including 27.94 g/t Au over 1.90 metres from 33.00 metres ## 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.