Lake Victoria Gold Ltd. (LVG:TSXV)

  • Clear path to production at the Company’s fully permitted Imwelo Gold Project, with construction expected in 2026 and first gold targeted for 2027, providing near-term cash flow visibility.

  • LVG’s strategic partnership with Barrick at Tembo offers meaningful asymmetric upside, with up to US$45M in contingent cash payments tied to exploration success.

  • The Company has plenty of exploration upside across the portfolio, with Imwelo offering mine-life extension potential and Tembo hosting multiple targets adjacent to Barrick’s 12Moz Bulyanhulu Mine.

  • LVG is supported by an experienced management team and strategic partners owning a combined ~39% of shares.

Investment Summary

Company Description

Lake Victoria Gold is a rapidly growing gold exploration and development company listed. Leveraging its unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.

Research

Aerial view of a green landscape with some construction equipment and a dirt road, with power lines in the distance. The left side of the image contains a black section with yellow text and a yellow elephant logo, titled "TEMBO GOLD CORP Investor Fact Sheet."

Lake Victoria Gold: 
Research Note
August 11, 2026

Aerial view of a green landscape with some construction equipment and a dirt road, with power lines in the distance. The left side of the image contains a black section with yellow text and a yellow elephant logo, titled "TEMBO GOLD CORP Investor Fact Sheet."

Lake Victoria Gold: 
Research Note
July 31, 2026

Aerial view of a green landscape with some construction equipment and a dirt road, with power lines in the distance. The left side of the image contains a black section with yellow text and a yellow elephant logo, titled "TEMBO GOLD CORP Investor Fact Sheet."

Lake Victoria Gold: 
Research Note
June 23, 2026

Lake Victoria Gold: 
Management Interview
May 25, 2026

Cover of Tembo Gold Corp investor fact sheet showing an aerial view of a green, partly cleared land area with power lines in the distance and mining equipment in the foreground.

Lake Victoria Gold: 
Research Flash
May 6, 2026

Cover of Tembo Gold Corp investor fact sheet showing an aerial view of a green, partly cleared land area with power lines in the distance and mining equipment in the foreground.
Cover of Tembo Gold Corp investor fact sheet showing an aerial view of a green, partly cleared land area with power lines in the distance and mining equipment in the foreground.

Lake Victoria Gold: 
Research Flash
April 1, 2026

Lake Victoria Gold: 
Research Flash
March 18, 2026

Cover of Tembo Gold Corp investor fact sheet showing an aerial view of a green, partly cleared land area with power lines in the distance and mining equipment in the foreground.

Lake Victoria Gold: 
Research Flash
February 5, 2026

Cover of Tembo Gold Corp investor fact sheet showing an aerial view of a green, partly cleared land area with power lines in the distance and mining equipment in the foreground.

Lake Victoria Gold: 
Re-Initiation Report
February 2, 2026

Cover of Tembo Gold Corp investor fact sheet showing an aerial view of a green, partly cleared land area with power lines in the distance and mining equipment in the foreground.

Lake Victoria Gold: 
Research Flash
December 3, 2024

Cover page of an investor fact sheet for Tembo Gold Corp, showing an aerial view of a green landscape with some construction equipment and paths, and a logo with an elephant head.

Lake Victoria Gold: 
Research Note
November 7, 2024

Aerial view of a green landscape with some construction equipment and a dirt road, with power lines in the distance. The left side of the image contains a black section with yellow text and a yellow elephant logo, titled "TEMBO GOLD CORP Investor Fact Sheet."

Lake Victoria Gold: 
Research Note
September 10, 2024

An investor fact sheet for Tembo Gold Corp, featuring a landscape with green forest, a dirt road, and a mining operation with a drilling rig. The left side has a dark background with the company's logo of an elephant, and the text 'Tembo Gold Corp Investor Fact Sheet' highlighted in yellow.

Lake Victoria Gold: 
Research Flash
August 7, 2024

Aerial view of a rural area with green vegetation, dirt paths, and human activity with construction equipment on the right side. Overlay with logo and text for Tembo Gold Corp Investor Fact Sheet.

Lake Victoria Gold: 
Research Flash
June 27, 2024

A large aerial view of a green landscape with power lines and a small construction site with equipment in the bottom right corner, and a dark gray section on the left with a yellow logo of an elephant and the text "TEMBO GOLD CORP Investor Fact Sheet."

Lake Victoria Gold: 
Research Flash
May 8, 2024

Illustrated investor fact sheet with a yellow elephant logo for Tembo Gold Corp. and an aerial photo of a green landscape with a construction site and power lines in the distance.

Lake Victoria Gold: 
Initiation Report
February 1, 2024