Lake Victoria Gold LtdTSXV: LVG

Lake Victoria Gold Mobilizes Senior Project Manager to Imwelo as Construction Readiness Advances

· Issued by Lake Victoria Gold Ltd via Newsfile

Experienced African gold-plant construction specialist now on site supporting the approved EPCM framework and coordinating near-term development workstreams

Vancouver, British Columbia--(Newsfile Corp. - July 8, 2026) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("Lake Victoria Gold", "LVG" or the "Company") is pleased to announce that Charl Coetzee of Sutton Consulting International Limited ("Sutton") has mobilized to the Company's fully permitted Imwelo Gold Project ("Imwelo" or the "Project") in northwestern Tanzania as Project Manager.

Mr. Coetzee is now on site at Imwelo supporting the approved Tanzanian-led Engineering, Procurement and Construction Management ("EPCM") framework, under which City Engineering Company Ltd. ("CECL") serves as primary EPCM contractor and commercial lead, with Sutton providing international technical support.

Mr. Coetzee brings approximately 30 years of experience in the construction, commissioning, maintenance and operation of gold and minerals-processing plants across Africa, including in Angola, the Democratic Republic of Congo, Mozambique, Guinea and South Africa. His background includes a track record of delivering processing-plant installations on schedule and on budget, as well as hands-on experience in commissioning support, operating readiness, maintenance systems and local workforce development.

Key Highlights

  • Experienced execution leadership now at site: Charl Coetzee has mobilized to Imwelo to coordinate field activity, bringing roughly three decades of African plant construction and commissioning experience.

  • Approved EPCM framework activated in the field: with Mr. Coetzee on site, TGTL, CECL and Sutton now operate as an integrated project team advancing Imwelo.

  • Momentum carrying from approval to action: the mobilization follows closely on the Mining Commission's approval of the EPCM structure, turning a key regulatory milestone into visible activity at site.

Advancing Site Readiness at Imwelo

The mobilization of an experienced Project Manager to Imwelo is an important practical step in advancing the Project from planning and engineering toward construction readiness.

Advancing Site Readiness at Imwelo

Mr. Coetzee's mandate covers field coordination, construction sequencing, contractor and supplier interfaces, and ensuring incoming infrastructure and activity are organized in a disciplined, practical and safety conscious manner.

Near term workstreams at Imwelo include:

  • site clearing, access road upgrades and construction utility installation;

  • Phase 1 modular camp preparation and infrastructure layout;

  • procurement support and contractor interface planning; and