# Lake Victoria Gold Intersects 28.71 g/t Au over 2.75 m and 12.20 g/t Au over 4.50 m in Shallow Area C Drilling at Imwelo

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lake-victoria-gold-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785

Original source: https://orestocks.com/company/LVG.V/press-releases/8329931252543958

Publisher: orestocks

Original announcement: 2026-08-27T07:01:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Lake Victoria Gold Ltd.

- Ticker: LVG.V

- Exchange: Unavailable

- Region: Tanzania

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Metallurgy

- Extracted: 2026-08-27 07:18:25 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Lake Victoria Gold reported high-grade gold intercepts at the Imwelo Gold Project in Tanzania, including 28.71 g/t Au over 2.75 m in hole IMWDR029. The company is also conducting a targeted metallurgical program on weathered ore to address clay-handling and process design for the planned Area C open-pit mine.

Reasoning: Strong high-grade gold intercepts in the planned initial open-pit area \(Area C\) combined with proactive metallurgical testing of weathered ore to de-risk the flowsheet.

- Positive factor: high-grade near-surface intercepts

- Positive factor: bonanza-grade quartz-vein samples

- Positive factor: metallurgical program addressing key clay-handling risks

- Positive factor: QA/QC disclosed

- Negative factor: true width not yet determined

- Negative factor: clay-rich weathered ore presents processing complexity

Facts used in scoring: 7

## Classification and evidence

**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 internal QA/QC protocols including blanks, CRMs, and duplicates, and notes Nesch Mintech lab results passed QA/QC.

Evidence · text

> Internal - every 20th sample is a Blank Sample, CRM & Duplicate sample. Nesch Mintech Lab results all passed QAQC.

**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

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that true widths have not yet been determined.

Evidence · text

> True Width have not yet been determined

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### IMWDR029

[Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-0)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR029
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### 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
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Strong high-grade intercept in the planned initial mining area.

- Positive factor: high grade

- Positive factor: near-surface

Evidence · text

> 28.71 g/t gold \("Au"\) 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-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-1)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR029
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### 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: High-grade sub-interval within the main intercept.

- Positive factor: Bonanza Intercept

Evidence · text

> 59.77 g/t Au over 1.30 m from 21.00 m

### IMWDR028

[Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-2)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR028
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### 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
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: blanks, standards, duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Strong high-grade intercept in the planned initial mining area.

- Positive factor: high grade

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-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-3)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR028
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### 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

Evidence · text

> 27.94 g/t Au over 1.90 m from 33.00 m

### IMWDR024

[Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-4)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR024
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### Geometry

- Grade: 0.7
- Grade Unit: g/t
- Intercept: 1 m
- From: 13 m
- To: 14 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Marginal grade intercept.

- Negative factor: low grade

Evidence · table

> 0.70

Context: 1.00

### IMWDR024

[Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-5)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR024
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### Geometry

- Grade: 0.38
- Grade Unit: g/t
- Intercept: 0.35 m
- From: 15.2 m
- To: 15.55 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Marginal grade intercept.

- Negative factor: low grade

Evidence · table

> 0.38

Context: 0.35

### IMWDR031

[Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-intersects-28-71-g-t-au-over-2-75-m-and-12-20-g-t-au-over-4-5--0ffb562c-a31c-4aff-8d7a-4e8c4c1aa785#fact-drill-facts-6)

Imwelo Gold Project · gold

#### Identity

- Hole ID: IMWDR031
- Project: Imwelo Gold Project
- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG.V

#### Geometry

- Grade: 0.96
- Grade Unit: g/t
- Intercept: 2.5 m
- From: 21.9 m
- To: 24.4 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-27T00:00:00.000Z

Reasoning: Marginal grade intercept.

- Negative factor: low grade

Evidence · table

> 0.96

Context: 2.50

## 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.