Core Insights - Lake Victoria Gold Ltd. has completed field data collection for geotechnical studies at the Imwelo Project, which is a significant step towards near-term production planning [1][6] - The completion of specific gravity measurements on selected drill holes supports the initial open-pit mining design at Area C [1][2] Geotechnical Studies - Two dedicated geotechnical drill holes, IMWDR016 and IMWDR019, were drilled to depths of 150m and 163m respectively, with specific gravity measurements taken from various rock types [2][6] - The resource infill and geotechnical program utilized RC pre-collars with diamond-core tails to gather comprehensive geological and geotechnical data for optimizing final pit-shell designs [3][7] Exploration and Mine Planning - The geological and structural understanding of Area C has improved significantly due to recent infill drilling and geotechnical logging, indicating the feasibility of a single continuous open pit [5][6] - Approximately 200 core samples were measured for specific gravity, which will aid in the updated mineral resource estimate and ore classification during mining [6][7] Project Development - The project is transitioning from technical studies to the development phase, aligning with the company's strategy to advance high-quality assets towards cash flow [6][14] - The Imwelo Project is fully permitted for mine construction and production, positioning it as a near-term development opportunity [14] Strategic Partnerships - The company has formed a strategic partnership with Taifa Group, which will conduct contract mining and civil works for the Imwelo project [16] - Taifa Mining, a subsidiary of Taifa Group, is noted as Tanzania's largest mining contractor with over 30 years of experience [16]