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Lake Victoria Gold Confirms up to Approximately 97% Gold Recovery and Free-Milling Metallurgy at the Imwelo Gold Project
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Lake Victoria Gold Ltd. (TSXV: ...
About this update from Lake Victoria Gold Ltd
[{"type":"text","content":"Lake Victoria Gold Confirms up to Approximately 97% Gold Recovery and Free-Milling Metallurgy at the Imwelo Gold ProjectVancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) (\"LVG\" or the \"Company\") is pleased to announce the results of metallurgical testwork completed on drill core samples from its recently completed drill program at Area C of the Imwelo Gold Project in northern Tanzania's Lake Victoria Goldfield.The testwork confirms that mineralization at Imwelo is largely free-milling, with laboratory results demonstrating gold recoveries of up to ~96-97% using conventional gravity concentration and cyanide leaching. The results de-risk the metallurgical profile of the Imwelo Project and support the Company's strategy of advancing the project toward near-term gold production in Tanzania's Lake Victoria Goldfield.HighlightsUp to ~97% gold recovery demonstrated through bottle roll cyanide leaching testsStrong gravity recoverable gold component (~42-47%) confirmed across multiple test programsFree-milling mineralization: ~84% of gold directly cyanide-leachableHigh downstream recoveries: ~95% recovery from gravity tails cyanidationMetallurgical consistency: results confirm findings from earlier test programs completed in 2013, 2014 and 2017These results further support the Company's ongoing engineering and mine planning work as Imwelo advances toward near-term gold production.Simplified Imwelo Processing CircuitTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2214/288904_8a0a46b7440bd8f5_001full.jpgWhy These Results MatterThe metallurgical results significantly de-risk the development pathway for the Imwelo Project.Key implications include:Simple processing route: Results confirm that gold can be recovered through a conventional gravity and carbon-in-leach (CIL) circuit, one of the most widely used and reliable gold processing methods globally.High recoveries: Testwork demonstrates overall recoveries of up to ~96-97%, which is considered strong for open-pit gold deposits.Free-milling mineralization: Diagnostic leach testing shows the majority of gold is directly cyanide-leachable, confirming the deposit is largely non-refractory.Early gravity recovery: The presence of a strong gravity recoverable gold compo...