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97% Recovery. Fully Permitted. 12 Kilometers From a 20-Million-Ounce Deposit. And Nobody's Talking About It.
97% Recovery. Fully Permitted. 12 Kilometers From a 20-Million-Ounce Deposit. And Nobody's Talkin...
About this update from Lake Victoria Gold Ltd
[{"type":"text","content":"97% Recovery. Fully Permitted. 12 Kilometers From a 20-Million-Ounce Deposit. And Nobody's Talking About It.\n\n\n97% Recovery. Fully Permitted. 12 Kilometers From a 20-Million-Ounce Deposit. And Nobody's Talking About It.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nPR Newswire\n\n\nIssued on behalf of Lake Victoria Gold Ltd.VANCOUVER, BC, March 19, 2026 /PRNewswire/ -- USANewsGroup.com — There is a fully permitted gold project in Tanzania, sitting 12 kilometers from one of the largest gold mines on the African continent, where metallurgical testwork just confirmed that approximately 97% of the gold in the ground can be recovered using conventional processing. The company that owns it has Barrick Gold on its share register. It has Tanzania's most powerful mining billionaire as its strategic partner. Insiders hold over 70% of the float. And the stock trades below where Barrick bought in.If that sounds like the kind of setup that shouldn't exist in a market where gold is above $5,000 per ounce, you're not wrong. But the disconnect between what Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) owns and where it trades is one of the more striking asymmetries in the junior gold space right now.Let's put the macro in context. Gold hit $5,417 in early March. Central banks have purchased over 1,000 tonnes for the third straight year. J.P. Morgan is forecasting $6,000. And the major producers — Barrick Gold  (NYSE: B), Newmont (NYSE: NEM), Agnico Eagle (NYSE: AEM) — are generating cash flow at levels that would have been unimaginable three years ago. Barrick just reported $16.96 billion in full-year 2025 revenue and $3.87 billion in free cash flow. Newmont generated a record $7.3 billion in free cash flow. The industry is swimming in capital. And that capital is chasing one thing above all else: permitted, production-ready ounces in safe jurisdictions.That's exactly what Lake Victoria Gold has.The company's flagship Imwelo Gold Project is fully permitted and located in northwestern Tanzania's Lake Victoria Goldfield, one of the most prolific gold-produci...