The Drills Were Just the Beginning. Now the Ground Is Moving at Imwelo.
Lake Victoria Gold Ltd. has officially commenced Phase 1 earthworks at the Imwelo Gold Project in Tanzania. The project has moved from the planning and permitting stage to active construction, including site preparation and infrastructure upgrades.
Why it matters
This transition marks a significant de-risking milestone for the mining project, signaling to investors that the company is moving toward operational production.
Issued on behalf of Lake Victoria Gold Ltd.
Phase 1 earthworks have commenced at Tanzania's Imwelo Gold Project. The access road is being upgraded, the plant pad is being prepared, and the construction camp is nearly commissioned. The gap between permitted project and mine under construction is closing fast.
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