Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER — Baystreet.ca — Gold just had its best year since 1979, and that momentum is triggering a massive capital shift into 2026. In January, gold and silver assets claimed 77% of global mining M&A as majors rushed into safe jurisdictions[1]. With industry costs below $2,000 and cash flow at record highs, capital is flowing toward developers with operational leverage and clear paths to production[2]. Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF), Collective Mining (NYSE: CNL) (TSX: CNL), Amaroq (TSXV: AMRQ), Nova Minerals (NASDAQ: NVA), and New Pacific Metals (NYSE-A: NEWP) (TSX: NUAG) represent these district-scale positions where regional dominance is the primary valuation driver.
The outlook is historic: a Reuters poll recently returned a record median gold forecast of $4,746.50 per ounce[3]. Institutions are positioning for scarcity because production-ready assets with defined resources are becoming increasingly rare. In this market, strategic land positions in proven districts are the defining value driver separating top-tier developers from the broader junior universe[4].
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has announced metallurgical testwork results confirming that gold at its fully permitted Imwelo Project in Tanzania can be recovered at up to approximately 97% using conventional processing methods. That number matters: for a retail investor, a 97% recovery rate means almost none of the gold in the ground is lost during processing, which directly supports the economics of getting a mine into production.
The testwork confirmed that Imwelo's mineralization is largely free-milling, meaning the gold does not require complex or expensive treatment to extract. Roughly 84% of gold is directly cyanide-leachable, and gravity testing confirmed a strong recoverable gold component of approximately 42-47% across multiple test programs. In plain terms, a significant share of the gold can be pulled out early in the process before the ore even reaches the leach circuit, which reduces both cost and operational risk.
“These metallurgical results represent an important milestone in advancing Imwelo toward production said Marc Cernovitch, President and CEO of LVG. The testwork confirms that the mineralization is largely free-milling, with a strong gravity recoverable gold component and excellent cyanide recoveries of up to approximately 97%.
Importantly, the results are highly consistent with earlier metallurgical programs completed in 2013, 2014 and 2017, significantly reducing processing risk and providing a strong technical foundation for final plant design.
Deposits that combine simple metallurgy, strong gravity recovery, and high cyanide recoveries are widely recognized as among the most attractive development opportunities in the gold sector. These characteristics support conventional processing flowsheets, predictable recoveries, and efficient advancement toward production.
With Imwelo located in the heart of Tanzania’s Lake Victoria Goldfield, these results reinforce its position as a low-risk, near-term gold production opportunity in one of Africa’s most prolific gold districts.”
The announcement follows the company's recently completed drill program at Area C, where 21 holes confirmed that mineralization extends well beyond the current pit design, both at depth and laterally. Highlights from that program included 11.88 g/t gold over 1.33 meters and 9.31 g/t over 2.45 meters. The company also completed geotechnical studies supporting consolidation of Area C into a single open pit, and the Tembo Project separately returned surface grades up to 35.45 g/t gold from artisanal mining sites.
NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below.
CONTINUED… Read this and more on Lake Victoria Gold at: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/
In other industry developments and happenings in the market include:
Collective Mining (NYSE: CNL) (TSX: CNL) announced its inclusion in the Junior Gold Miners Index effective at market close on March 20, 2026, alongside a relocation of its executive headquarters from Toronto to Miami. The company's jurisdiction of incorporation remains Canada, and its dual listings on the NYSE American and the Toronto Stock Exchange are unchanged.
"Inclusion in the GDXJ marks an important milestone for the Company, as it reflects our continued progress in developing a world-class mineral district in Colombia, and reinforces the compelling investment case for Collective," said Ari Sussman, Executive Chairman of Collective Mining. "Miami has rapidly emerged as a leading global financial center, with a strong institutional capital markets presence and strategic connectivity to Colombia and Latin America."
Collective Mining was founded by the team that previously built and sold Continental Gold to Zijin Mining for approximately $2 billion. Its flagship Guayabales Project hosts the large-scale, bulk-tonnage Apollo system, with management and insiders currently holding approximately 45.3% of outstanding shares — a strong alignment signal for retail investors evaluating the stock.
Amaroq (TSXV: AMRQ) issued its 2026 full-year production guidance of 25,000 to 35,000 ounces of gold from its Nalunaq mine in Greenland, with production expected to be back-end weighted as the Phase 2 flotation circuit ramps up in H2 2026 — targeting total recoveries of 90–95% once commissioned, up from approximately 60% under the current Phase 1 gravity circuit.
"Within the current gold price environment and based on our cost and capital budgets for the year, we anticipate strong free cash flow from operations, supporting comprehensive exploration programmes, as we seek to unlock the substantial value within our portfolio," said Eldur Olafsson, CEO of Amaroq. "I believe this will be a theme in 2026; leveraging our scale, local expertise, and people to drive value from our extensive acreage position and integrated platform."
Beyond Nalunaq, Amaroq is advancing a broad 2026 exploration program with a base budget of US$11 million and optionality to scale to US$29 million, targeting resource growth across its South and West Greenland portfolio including the Black Angel zinc-lead-silver project, the Nanoq gold target, and an emerging IOCG discovery at Minturn. Year-end 2025 balance sheet highlights include CAD$27.2 million in cash and CAD$8.9 million in undrawn credit facilities to support the program.
Nova Minerals (NASDAQ: NVA) has identified compelling new high-grade gold targets from its 2025 surface sampling program at the RPM regional and ridgeline area of the Estelle Gold and Critical Minerals Project in Alaska's Tintina Gold Belt. Assay results include three rock samples grading above 10 g/t Au with a high of 24.6 g/t Au, three soil samples above 1 g/t Au peaking at 5.5 g/t Au, and the RPM ridgeline has been designated a high-priority drill target for 2026.
"Integrated geological, geochemical, and geophysical data, including initial interpretations from drone magnetometry 3D inversion processing all support a compelling drill target at the northern extension of the RPM ridge," said Hans Homan, General Manager and Geologist of Nova Minerals. "Drill testing of these anomalies is a high priority for our 2026 program, and given its strategic location along access routes to RPM, any success here has the potential to deliver substantial upside to the Estelle Project."
The company's 2026 agenda includes airborne geophysical surveys, continued metallurgical and environmental test work, and an updated mineral resource estimate. Nova Minerals is also advancing a US$43.4 million U.S. Department of War-funded domestic antimony supply chain targeted for production in late 2026/2027.
New Pacific Metals (NYSE-A: NEWP) (TSX: NUAG) has signed a Framework Agreement for Cooperation and Coordination with the Carangas indigenous community (TIOC Carangas) in Bolivia's Oruro Department, a critical milestone for advancing its Carangas silver-gold project toward production. The agreement establishes a structured framework of mutual commitments including community development funding tied to project milestones, local business sourcing, and a resettlement plan for the Carangas village with improved infrastructure.
With the framework in place, New Pacific Metals and Bolivia's Administrative Jurisdictional Mining Authority (AJAM) will proceed through the formal prior consultation process required before the company can apply to convert exploration licenses to mining permits. A feasibility study is planned to commence once those permits are granted, accompanied by a 2026 drilling campaign of more than 30,000 metres targeting deeper gold mineralization zones and new IP anomaly targets.
SOURCE: https://usanewsgroup.com/2025/04/02/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/
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DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is owned by Baystreet.ca Media Corp. ("BAY"). BAY has been paid a fee for Lake Victoria Gold Ltd. advertising and digital media from a shareholder of the Company (333,333 unrestricted shares). There may be 3rd parties who may have shares of Lake Victoria Gold Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of "BAY" reserve the right to buy and sell, and will buy and sell shares of Lake Victoria Gold Ltd. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY has been approved by Lake Victoria Gold Ltd. Technical information relating to Lake Victoria Gold Ltd. has been reviewed and approved by David Scott, Pr. Sci. Nat., a Qualified Person as defined by National Instrument 43-101. Mr. Scott is a registered member of the South African Council for Natural Scientific Professions (SACNASP) and is a Director of Lake Victoria Gold Ltd., and therefore is not independent of the Company; Cautionary Note on Production Decision
Although Imwelo has been the subject of JORC-compliant PEA, PFS and updated PFS work, these foreign-code studies are not current under NI 43-101. The Company has not completed a feasibility study on Imwelo that establishes mineral reserves demonstrating economic and technical viability and is not treating the JORC-based estimates or analyses as current under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and therefore involves increased uncertainty and a higher risk of economic and technical failure. There is no certainty that the planned low-capex open-pit operation will be economically viable or that production will occur as anticipated. Risks include, without limitation, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational, regulatory, or permitting risks.; this is a paid advertisement, we currently own shares of Lake Victoria Gold Ltd. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
SOURCES CITED:
1. https://insight.factset.com/metals-mining-2025-ma-and-equity-capital-markets-insights
2. https://www.vaneck.com/us/en/blogs/gold-investing/ima-casanova-sustaining-strength-in-a-higher-gold-price-environment/
3. https://www.reuters.com/business/finance/analysts-ramp-up-gold-forecasts-global-uncertainties-mount-2026-02-04/
https://www.bnnbloomberg.ca/press-releases/2026/03/11/record-gold-prices-reshape-opportunities-for-emerging-producers/
