Record Margins Drive Drilling Boom as Gold Miners Expand Resources

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[{"type":"text","content":"Record Margins Drive Drilling Boom as Gold Miners Expand Resources\n\n\n\n\n\n Issued on behalf of Lake Victoria Gold Ltd.\n \n\n\n\n VANCOUVER, British Columbia, Dec. 11, 2025 (GLOBE NEWSWIRE) --\n \n EquityInsider.com\n \n\n News Commentary\n \n — With gold above $4,200 and all-in costs around $1,600,\n \n record margins\n \n are fueling aggressive drilling\n \n [1]\n \n as producers rapidly expand programs to extend mine life and unlock scale at depth, benefiting\n \n Lake Victoria Gold\n \n (TSXV: LVG) (OTCQB: LVGLF),\n \n TRX Gold Corporation\n \n (TSX: TRX) (NYSE-American: TRX),\n \n Monument Mining Limited\n \n (TSXV: MMY) (OTCPK: MMTMF),\n \n OceanaGold Corporation\n \n (TSX: OGC) (OTCQX: OCANF), and\n \n Integra Resources Corp.\n \n (TSXV: ITR) (NYSE-American: ITRG).\n \n\n Institutions forecast $4,500 to $5,000 for 2026 as central banks maintain elevated purchasing\n \n [2]\n \n . Sustained prices and robust drilling create advantageous conditions for systematic exploration ahead of an anticipated supply deficit.\n \n\n Gold development company\n \n Lake Victoria Gold\n \n (TSXV: LVG) (OTCQB: LVGLF) is advancing two high-grade projects in Tanzania's prolific Lake Victoria Goldfields. The company has\n \n released the first analytical results\n \n from a 4,000-meter drill program at Area C, the core production zone at its fully permitted Imwelo Gold Project in northwestern Tanzania.\n \n\n Area C carries an average grade of 3.7 g/t gold and will anchor the company's initial mining operations. Assays from the first five drill holes confirm that mineralization extends well beyond the current open-pit design, now pushing past 250 meters vertical depth. That shatters the historical resource boundary of 200 meters and validates potential for both a larger pit shell and future underground mining.\n \n\n Additional gold-bearing lodes intersected in the footwall potentially expand the mineralization footprint further. The results confirm the geological model and support Imwelo's pathway toward production.\n \n\n \"These first results are exactly what we hoped to see as we advance Imwelo toward development,\" said Marc Cernovitch, President and CEO of\n \n Lake Victoria Gold\n \n . \"The drilling confirms that the mineralization continues beyond the limits of the current pit design, with additional lodes emerging in both ...

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