# Lake Victoria Gold Reports High-Grade Artisanal Sampling Results \(Up to 35.45 g/t Au\) and Advances Development Planning at Tembo

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/lake-victoria-gold-reports-high-grade-artisanal-sampling-results-up-to-35-45-g-t--4dc66e77-8102-4548-b251-82c51054ac4c

Original source: https://finance.yahoo.com/news/lake-victoria-gold-reports-high-125100499.html

Publisher: yahoo\_press

Original announcement: 2025-12-18T12:51:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-19T06:13:33.606Z

Atlas analysis updated: 2026-09-19T06:13:33.606Z

- Company: Lake Victoria Gold Ltd.

- Ticker: LVG

- Exchange: TSXV

- Region: Tanzania

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-09-19 06:13:34 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Lake Victoria Gold reported high-grade gold grab sampling results of up to 35.45 g/t Au from artisanal mining sites at the Tembo Project in Tanzania. The sampling highlights priority targets for future exploration and development planning.

Reasoning: High-grade gold \(35.45 g/t\) reported from artisanal grab sampling, which provides target guidance but lacks the structural or volumetric certainty of drill results.

- Positive factor: High-grade gold values reported from grab samples

- Positive factor: Identifies priority targets via artisanal activity

- Negative factor: Results are from grab sampling, not systematic drilling

- Negative factor: Low geological confidence in grab samples compared to drill intercepts

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The company is using existing artisanal activity to identify priority targets at the Tembo Project.

Evidence · text

> presence of ongoing artisanal activity across the licence area has highlighted several priority targets

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/lake-victoria-gold-reports-high-grade-artisanal-sampling-results-up-to-35-45-g-t--4dc66e77-8102-4548-b251-82c51054ac4c#fact-drill-facts-0)

gold

#### Identity

- Commodity: gold
- Region: tanzania
- Reported Region: Tanzania
- Ticker: LVG

#### Geometry

- Grade: 35.45
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Tembo Project
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: low\_confidence
- Historical: No

#### Dates

- Event date: 2025-12-18T00:00:00.000Z

Reasoning: 35.45 g/t Au is an exceptional grade for gold, though confidence is low due to the sampling method \(grab sample\).

- Positive factor: High grade value

- Negative factor: Surface grab sample only

Evidence · text

> grab samples returning high-grade gold values of up to 35.45 g/t Au

#### 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

## 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.