Grade is King: Bonanza Discoveries Re-Rate The Gold Exploration Sector
Financialpost·2025-12-15 16:12

Core Viewpoint - The article discusses the investment potential and risks associated with Lake Victoria Gold Ltd, highlighting the company's ongoing projects and the lack of completed feasibility studies for certain operations [1] Company Overview - Lake Victoria Gold Ltd is currently involved in the Imwelo Project, which has not yet completed a feasibility study to establish mineral reserves demonstrating economic and technical viability [1] - The company is subject to various risks including variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, and operational or permitting risks [1] Financial Considerations - The article indicates that the company has received compensation for advertising, which may influence the objectivity of the information presented [1] - There is a mention of potential conflicts of interest due to the ownership of shares by the owner/operators of the media group distributing the article [1] Technical Information - Technical information related to Lake Victoria Gold Ltd has been reviewed and approved by a qualified person, David Scott, who is a director of the company [1] - The company cautions that the planned low-capex open-pit operation may not be economically viable, and there is uncertainty regarding the anticipated production [1]