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News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, Oct. 27, 2025 /PRNewswire/ -- USA News GroupNews Commentary – Gold prices held above $4,100 per ounce through late October 2025, extending a year that has delivered over 25% gains since January and positioned the precious metal for its strongest annual performance since 1979[1]. This sustained rally at elevated levels drove mining profit margins to unprecedented territory[2], with producers seeing margins effectively double as operational costs remain relatively stable while gold continues to commands prices above $4,000 per ounce. Against this backdrop of record bullion values and enhanced economics, exploration and development companies across multiple jurisdictions are accelerating programs, among them Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF), Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF), U.S. GoldMining Inc. (NASDAQ: USGO), and Nova Minerals Limited (NASDAQ: NVA).
Bank of America raised its 2026 gold forecast to $5,000 per ounce, citing unorthodox fiscal policies and rising debt levels as persistent tailwinds for the metal[3]. Meanwhile, JPMorgan projects prices averaging $3,675 per ounce by Q4 2025 before climbing toward $4,000 by mid-2026[4], with sustained central bank purchasing and investor demand averaging 710 tonnes quarterly underpinning the forecast, creating compelling timing advantages for companies advancing high-grade projects toward production.
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) has reported continued exploration success at its Tembo-area licences, where Barrick Gold's Bulyanhulu joint venture completed 12 reverse-circulation holes totaling 1,380 metres during Q2 2025. The results confirm the geological continuity between Barrick's flagship Tanzanian mine and LVG's 100%-owned adjacent ground.
"Barrick's methodical exploration is confirming the geological architecture we've interpreted on our licence area," said Marc Cernovitch, President and CEO of LVG. "As they advance, LVG benefits from both the direct geological insights and the potential for substantial contingent payments—creating a rare opportunity of value addition through a combination of near-term potential production development at Imwelo and the Tembo project, and discovery leverage through the Buly exploration."
The Q2 drilling confirmed favorable geology, intersecting mafic metavolcanics (greenstone) and quartz porphyry dykes, which display weak to moderate deformation and have associated silica-sericite alteration, and localized disseminated pyrite and quartz veining—promising indicators for gold mineralization in this highly productive district. Rock-chip samples from artisanal workings near zones of strong chlorite-sericite alteration, indicate the presence of potentially mineralized structures.
Under the Asset Purchase Agreement executed in 2022, LVG may receive up to US $45 million in contingent payments from Barrick, subject to future discoveries or defined resource thresholds on these licences.
The results reinforce the geological continuity between the Bulyanhulu Mine and the Tembo Project area, validating LVG's long-standing interpretation of the belt's broader potential.
"We are encouraged to see Barrick's sustained exploration momentum and technical validation across the Tembo-area licences," said Simon Benstead, Executive Chairman and CFO of Lake Victoria Gold. "Their work continues to confirm the fertility of this part of the Lake Victoria Goldfields, where LVG remains a significant stakeholder through both our adjacent 100%-owned Tembo Project and the contingent upside tied to future discoveries."
This strategic exposure comes as LVG accelerates its fully permitted Imwelo Gold Project toward construction. The company recently commenced drilling at Area C, the highest-grade zone within the project located just 12 kilometers from AngloGold Ashanti's flagship Geita mine.
The approximately 24-hole, 4,000-metre program at Area C is designed to finalize pit design, strengthen resource confidence, and test for extensions at what management views as the priority starting point for mining. Previous drilling at Area C has returned high-grade results, including 6.8 metres at 14.6 g/t gold from 32 metres and 2.0 metres at 7.5 g/t from 22 metres, confirming strong production potential.
The drill mobilization follows LVGachieving a pivotal agreement in principle with the Government of Tanzania on the government's statutory minimum 16% free carried interest. This fulfills a core regulatory condition. Together with environmental approval of the Updated Environmental and Social Management Plan, the regulatory pathway is now cleared for construction advancement.
Imwelo operates under a 10-year renewable mining license with metallurgical recoveries surpassing 90%. This translates to an exceptional 90 cents of recoverable value per dollar of contained gold. Critically, Lake Victoria Gold is targeting first gold within 12 months of breaking ground.
Financial momentum accelerated in September as LVGofficially closed an oversubscribed $6 million financing alongside a $2 million concurrent private placement. Proceeds fund work programs satisfying conditions for a pre-paid forward purchase facility with Monetary Metals to finance mine construction capital.
Beyond Imwelo, the Tembo Project delivers additional optionality. A planned 3,000m drilling program at Ngula 1 is scheduled, where historical intercepts of 28.57 g/t gold over 3 metres signal toll milling opportunity.
The timing proves strategic. Lake Victoria Gold is mobilizing equipment at a fully permitted project in one of Africa's premier gold districts precisely when high-grade ounces command maximum value.
NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below.
CONTINUED… Read this and more news for 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:
First Mining Gold Corp. (TSX: FF) (OTCQX: FFMGF) is expanding its newly discovered Miroir target at its Duparquet Gold Project in Quebec's Abitibi region, with drill hole DUP25-064 returning 3.23 g/t Au over 25.9 m, including 11.20 g/t Au over 2.0 m and 10.16 g/t Au over 1.4 m. The company has completed approximately 16,000 m of drilling in 2025, with 20 holes totaling ~4,450 m at Miroir alone, extending mineralization to 100 m depth while expanding the interpreted geophysical fold target to a 140 m strike length.
"The Miroir target continues to deliver new discoveries within the largely underexplored volcanic setting of the Duparquet Project," stated Dan Wilton, CEO of First Mining. "The strong grades and widths encountered to date provide new and exciting opportunities in our review of development scenarios that can now include near-surface, higher grade mineralization potential."
Drilling at Miroir follows initial discovery hole DUP24-048, which returned 3.12 g/t Au over 19.35 m in 2024, with recent step-out hole DUP25-066 delivering 1.37 g/t Au over 30.6 m approximately 45 m east of the headline intercept. The Duparquet Project currently hosts 3.44 million ounces Au in the Measured & Indicated category at 1.55 g/t, plus 2.64 million ounces Inferred at 1.62 g/t across a 19 km strike along the prolific Destor-Porcupine Fault Zone.
Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) has expanded its 2025 exploration program at Golden Queen by an additional 3,800 metres following positive Phase 3 drilling results, with core holes at Hilltop intersecting 1.94 g/t Au and 27 g/t Ag over 4.4 m and 5.11 g/t Au and 11 g/t Ag over 1.5 m, bringing total planned 2025 drilling to 8,100 metres. At San Bartolome in Bolivia, the company has secured environmental exploration permits and social licenses in partnership with COMIBOL under a long-term agreement to purchase up to 7.0 million tonnes of oxide ore, with 5,500 metres of shallow core drilling set to begin in Q4 2025 targeting approximately 800,000 tonnes grading 150-250 g/t Ag across multiple projects including Turqui, Tacobamba, Ánimas, Santa Isabel, and Trapiche.
"Our exploration teams have made strong progress this year at both Golden Queen and San Bartolome," said Yohann Bouchard, President of Andean Precious Metals. "At Golden Queen, Phase 3 drilling has intersected encouraging mineralized intervals that confirm continuity and support potential mine-life extensions, while upcoming infill work at the Starlight Vein is designed to further expand Main Pit 2. In Bolivia, our partnership with COMIBOL is advancing multiple targets under a long-term ore supply agreement that secures access to up to 7 million tonnes of oxide ore. This program is designed to extend San Bartolome's mine life and maximize throughput of the existing 5,000 tpd mill without major capital spend."
The Golden Queen program has drilled 3,903 metres across 20 core holes at Hilltop to date, with all holes intersecting projected low-sulfidation cryptocrystalline quartz veins that extend mineralization up to 280 metres along strike, while infill drilling at the Starlight Vein will support expansion of Main Pit 2, which is currently in production. The company anticipates releasing an updated mineral resource and reserve statement with supporting NI 43-101 technical report in the first half of 2026, integrating new geological data from the expanded drilling program that collectively positions Andean as a growing Americas-focused precious metals producer with quality assets across its California and Bolivia operations.
U.S. GoldMining Inc. (NASDAQ: USGO) has successfully completed its 2025 exploration program at the Whistler Gold-Copper Project in Alaska, executing 169 scout auger drill holes across the 7.5 km by 4.5 km Whistler Orbit and completing systematic mapping and sampling at the Muddy Creek intrusion-related gold system. The program identified multiple new porphyry intrusive occurrences at top-of-bedrock and determined that much of the till overburden is shallower than previously interpreted, positioning drill-ready targets closer to surface across the 514 km² property located 150 km northwest of Anchorage.
"We are pleased to have successfully completed our 2025 exploration program at the Whistler Project in line with our objective to develop a pipeline of targets for potential future discoveries that will underpin growth opportunities for the Project," said Tim Smith, Chief Executive Officer of U.S. GoldMining. "We also welcome the recent U.S. Federal decision to approve the Ambler Road in north central Alaska, which further supports our belief that the prevailing political tailwinds at all levels of government will help to expedite the successful permitting and ultimate development of the proposed West Susitna Access Road, which is expected to connect the Company's 100% owned Whistler Gold-Copper Project to transportation infrastructure near Anchorage, Alaska."
The Whistler Project contains over 20 advanced gold and copper prospects including the Whistler and Raintree deposits, which host a combined mineral resource estimate of 294 Mt at 0.68 g/t AuEq for 6.48 Moz AuEq Indicated, plus 198 Mt at 0.65 g/t AuEq for 4.16 Moz AuEq Inferred. Mapping at Muddy Creek identified new zones of increased quartz vein density containing abundant to massive sulphides including antimony-bearing minerals, with 106 rock grab samples and 7 silt samples collected across a 5 km by 2.5 km area, with assays pending from both the Whistler Orbit scout drilling program and Muddy Creek surface sampling.
Nova Minerals Limited (NASDAQ: NVA) has been engaged by Australian Ambassador to the United States, His Excellency The Hon Dr Kevin Rudd AC, to provide a comprehensive briefing on its Estelle Gold and Critical Minerals Project ahead of the October 20, 2025 meeting between Australian Prime Minister Anthony Albanese and U.S. President Donald Trump in Washington DC. The briefing follows the company's recent US$43.4 million award from the U.S. Department of War to accelerate development of a fully integrated U.S. antimony supply chain, targeting military-spec antimony production by 2026/27, with the Estelle Project's 514 km² land package hosting over 20 advanced gold and antimony prospects across a 35 km mineralized corridor in Alaska's Tintina Gold Belt.
"Being invited to brief the Australian Government for this high-level meeting between Prime Minister Albanese and President Trump is a testament to the strategic importance of the Estelle Project," said Christopher Gerteisen, CEO of Nova Minerals. "With antimony recognized as a critical mineral and our gold resources adding significant value, Nova is well-positioned to contribute to both U.S. and Australian critical minerals strategies. The US$43.4 million DoW award and our secured land at Port MacKenzie underscore our commitment to building a secure, domestic supply chain for antimony and supporting U.S. defense and industrial needs."
The company's proposed antimony refinery at Port MacKenzie, supported by a secured 42.81-acre land use permit, will produce antimony trisulfide, antimony trioxide, and antimony metal for military and industrial applications. Nova's strategic positioning has been reinforced by antimony's inclusion on the U.S. Department of the Interior's Draft 2025 Critical Minerals List and the recent U.S. Federal Government approval of the Ambler Road, signaling increased policy support for responsible resource development in Alaska and alignment with the proposed West Susitna Access Road that would connect the Estelle Project to transportation infrastructure near Anchorage.
Article 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/
CONTACT:
USA NEWS GROUP
info@usanewsgroup.com
(604) 265-2873
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. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media Corp, who has been paid a fee for an advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also 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 MIQ/BAY own shares of Lake Victoria Gold Ltd and 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 MIQ on behalf of 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: The Company cautions that it has not completed a feasibility study on the Imwelo Project that establishes mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher risk of economic and technical failure associated with the Company's production decision. In particular, there is no certainty that the planned low-capex open-pit operation will be economically viable or that planned production will occur as anticipated. Risks include, but are not limited to, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational 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
- https://fortune.com/article/current-price-of-gold-10-20-2025/
- https://discoveryalert.com.au/news/precious-metals-mining-stocks-2025-leverage-performance/
- https://www.moneymetals.com/news/2025/10/14/bank-of-america-ups-gold-2026-price-forecast-to-5000-004411
- https://www.jpmorgan.com/insights/global-research/commodities/gold-prices
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View original content:https://www.prnewswire.co.uk/news-releases/gold-holds-above-4-100-as-miners-capture-expanding-profit-margins-302595406.html
Equity Insider News Commentary
Issued on behalf of Lake Victoria Gold Ltd.
VANCOUVER, BC, Oct. 1, 2025 /PRNewswire/ -- Equity InsiderNews Commentary -- Gold prices broke past $3,800 an ounce for the first time Monday, hitting a record high as expectations of further U.S. rate cuts and concerns about a potential government shutdown fueled safe-haven demand[1]. The precious metal's inflation-adjusted price reached its first record since 1980 earlier this month, with Deutsche Bank now forecasting gold could rise above $4,000 by year-end, implying a full-year return exceeding 50%[2]. This rally has sparked a notable shift in institutional positioning, with firms like Southern Capital Advisors initiating new positions in junior gold mining funds as buy-side attendance at key industry events surged more than 30%[3], signaling growing confidence in companies across the exploration and development spectrum, including Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF), Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF), Integra Resources Corp. (NYSE-American: ITRG) (TSXV: ITR), Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF), and Northern Superior Resources Inc. (TSXV: SUP) (OTCQB: NSUPF).
The rally has been boosted by a weaker dollar and persistent market tightness across precious metals, with silver, platinum, and palladium also posting strong gains as lease rates surge well above normal levels[4]. Analysts now characterize gold as entering a potential "blowoff phase", with projections targeting $5,000 before the current cyclical rally pauses, driven by what traders describe as a fundamental loss of confidence in government debt sustainability and fiat currency stability[5].
Lake Victoria Gold (TSXV: LVG) (OTCQB: LVGLF) iss mobilizing drilling equipment at Area C, the highest-grade zone within its fully permitted Imwelo Gold Project in Tanzania, marking a decisive step toward near-term production.
The 4,000-metre campaign combines mine development planning and extension drilling designed to test strike continuity and down-dip potential. With the first rig scheduled to commence drilling October 6 and a second rig on order to accelerate progress, the company is advancing on parallel fronts, thus tightening production timelines while looking to expand the resource envelope at what represents the priority starter pit.
"By mobilizing now and adding a second rig, we're advancing Imwelo on two fronts---short-term production readiness and resource growth potential," said Marc Cernovitch, President and CEO of Lake Victoria Gold. "This drill program is designed to tighten mine scheduling, validate pit and slope design, and test down-dip and western extensions at Area C."
The program targets mineralization that has historically been tested only to approximately 45 metres depth, with new holes designed to intersect gold zones at 100 and 200 metres down-dip. Area C maintains an average grade of 3.7 g/t gold across the historical resource, with previous intercepts including 6.8 metres at 14.6 g/t gold from 33 metres and 7 metres at 3.22 g/t from 27 metres demonstrating potential production-scale mineralization.
Step-out drilling will test westward continuity across an interpreted fault structure where geophysics and mapping suggest mineralization may be offset rather than terminated, potentially expanding the open-pit resource envelope. Geotechnical diamond drilling will support final pit slope optimization while representative core will undergo metallurgical testing focused on the transition zone to refine recovery assumptions and early-stage mine scheduling.
The drilling launch comes as LVG recently reached a pivotal agreement in principle with the Government of Tanzania establishing the framework for the government's statutory minimum-16% free carried interest in the project. This breakthrough satisfies a principal regulatory requirement, enabling the next phase toward production, and establishes a foundation for long-term partnership through a new joint venture company structure. Combined with the company having cleared a crucial environmental hurdle through approval of the Updated Environmental and Social Management Plan, regulatory pathways now support the transition from development to construction.
Located just 12 kilometers from AngloGold Ashanti's flagship Geita mine, Imwelo benefits from a 10-year renewable mining license and metallurgical recoveries exceeding 90%. The company targets first gold within 12 months of construction start, with Area C representing the initial focus based on grade profile and infrastructure access within Tanzania's premier gold district.
Financial momentum continues building after LVGofficially closed an oversubscribed $6 million financing plus a soon to close $2 million concurrent placement. Proceeds support work programs satisfying conditions for a pre-paid forward purchase facility with Monetary Metals targeting construction capital, while strategic backing from Taifa Group—Tanzania's largest mining contractor—provides both equity support and operational infrastructure.
Beyond Imwelo, the Tembo Project offers additional near-term optionality through a planned 3,000m drilling program at Ngula 1, where historic intercepts of 28.57 g/t gold over 3 metres from 54 metres demonstrate potential for toll milling at the nearby Nyati Resources facility. The company also maintains exposure to up to US$45 million in milestone payments from the 2021 asset sale to Barrick's Bulyanhulu operation.
With drills turning, regulatory frameworks secured, and gold trading above $3,800 per ounce, Lake Victoria Gold represents the convergence of execution momentum and market timing positioning the company among East Africa's most advanced near-term gold developers.
NOTE: For a Cautionary Note on Production Decision, please see the Disclaimer below.
CONTINUED… Read this and more news for Lake Victoria Gold at:
https://equity-insider.com/2025/04/14/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:
Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF) has delivered strong drill results from its Wenot deposit in Guyana, intersecting 3.08 g/t gold over 25.8 metres, 6.84 g/t gold over 9.5 metres, and 1.52 g/t gold over 37.5 metres as part of its 2025 program that has completed 43 holes totaling 23,500 metres to date. The company continues to advance a deep exploration hole that has reached 1,860 metres downhole depth, testing potential 600 metres below the known limits of the deposit.
"We are very pleased with our recently announced, significantly increased, updated Mineral Resource Estimate," said Elaine Ellingham, CEO and Executive Chairman of Omai Gold. "Today's new drill results from Wenot, were completed at the end of the resource drilling program, but assays were received after the cutoff date for the MRE."
With four drill rigs now active at the property, Omai Gold is focused on optimizing the resource for an updated Preliminary Economic Assessment expected in early 2026 while testing both the eastern and western limits of the Wenot deposit. The company is also exploring earlier-stage targets for potential near-surface satellite deposits that could provide higher-grade mill feed early in the mine life.
Integra Resources Corp. (NYSE-American: ITRG) (TSXV: ITR) has achieved a critical permitting milestone with the United States Bureau of Land Management determining its updated Mine Plan of Operations for the DeLamar Project in Idaho has met all content requirements under federal regulations. The acceptance follows nearly three years of environmental baseline studies and incorporates refinements including prioritizing placement of mine features on previously disturbed ground and leveraging refining capacity at Integra's Florida Canyon Mine to reduce processing activities at DeLamar.
"The acceptance of the updated MPO for DeLamar highlights the quality and scarcity value of the DeLamar Project," said George Salamis, President, CEO and Director of Integra. "Incorporating several years of environmental baseline studies, initial engineering design, and descriptions of mining and reclamation activities, the acceptance of the refined MPO represents a major milestone on the path to permitting mining activities at DeLamar."
The company expects the BLM to publish the Notice of Intent, which will commence formal work on the Environmental Impact Statement as DeLamar advances through the NEPA permitting process. Integra recently entered into a Relationship Agreement with the Shoshone-Paiute Tribes of the Duck Valley Indian Reservation and expects to announce a Feasibility Study for DeLamar in the fourth quarter of 2025.
Sun Summit Minerals Corp. (TSXV: SMN) (OTCQB: SMREF) has mobilized a second drill rig to follow up on recent success at the Creek Zone of its JD Project in British Columbia's Toodoggone District, where hole CZ-25-007 intersected 78.0 metres of 3.72 g/t gold at 30 metres downhole. The company has expanded its 2025 exploration program to over 5,500 metres of drilling, approximately 10% more than originally planned, with ten additional drill holes totaling 3,340 metres awaiting assay results.
"We are delighted to mobilize a second drill rig to the Creek Zone at the JD Property prior to the end of the drill season in order to follow up on the success from Hole CR-25-007," said Niel Marotta, CEO of Sun Summit Minerals. "The exceptional grades and strong continuity in this hole highlighted what we believe may be a new parallel zone, making it a top priority to test further while the drills are turning."
Drilling has also commenced at the Finn Zone, where six holes are designed to test near-surface gold-silver mineralization defined in historical drilling, while reconnaissance drilling at the Belle South copper-gold porphyry target has completed over 900 metres across two holes. With a fourth rig now active at the eastern end of Wenot and ongoing work to test multiple high-priority targets across the project, Sun Summit continues to advance understanding of the JD Project's district-scale potential.
Northern Superior Resources Inc. (TSXV: SUP) (OTCQB: NSUPF) has expanded the mineralization potential at its Philibert Project in Quebec with historical drilling at the newly acquired Hazeur property intersecting 1.10 g/t gold over 25.5 metres, including 7.28 g/t gold over 1.7 metres, located approximately 350 metres west of the current conceptual pit. The company has also acquired 2,100 hectares of new claims contiguous to its Chevrier Project, bringing total landholdings in the Chibougamau Gold Camp to more than 70,000 hectares.
"These early Hazeur results demonstrate meaningful gold mineralization immediately west of Philibert, highlighting the potential for resource growth across our expanding land package," said Simon Marcotte, President and Chief Executive Officer of Northern Superior. "The addition of the new claims north of Chevrier adds to the recent acquisition of the Hazeur, Monster Lake West, and Monster Lake East properties as we continue to consolidate our position in a camp rapidly gaining global recognition."
With approximately 90% of the Philibert expansion drilling program now completed and reported, Northern Superior is finalizing an exploration drilling program at Hazeur scheduled to begin later this month while conducting reconnaissance work including mapping and surface sampling across the newly acquired ground. The company's geological team has identified what appears to be the western extension of the Red Fox zone traced for approximately 600 metres west of the Philibert pit, with work underway on an updated Preliminary Economic Assessment expected in early 2026.
Article Source: https://equity-insider.com/2025/04/14/with-funding-commitments-in-place-a-gold-mine-is-being-built-and-this-stock-is-still-under-0-20/
CONTACT:
Equity Insider
info@equity-insider.com
(604) 265-2873
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. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca media corp, who has been paid a fee for an advertising from a shareholder of the Company (333,333 unrestricted shares). MIQ has not been paid a fee for Lake Victoria Gold Ltd. advertising or digital media, but the owner/operators of MIQ also co-owns Baystreet.ca Media Corp. ("BAY") There may also 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 MIQ/BAY own shares of Lake Victoria Gold Ltd and 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 MIQ on behalf of 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: The Company cautions that it has not completed a feasibility study on the Imwelo Project that establishes mineral reserves demonstrating economic and technical viability. As a result, there is increased uncertainty and a higher risk of economic and technical failure associated with the Company's production decision. In particular, there is no certainty that the planned low-capex open-pit operation will be economically viable or that planned production will occur as anticipated. Risks include, but are not limited to, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational 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
-
https://www.reuters.com/world/india/gold-hits-record-high-soft-dollar-rate-cut-bets-lift-appeal-2025-09-29/
-
https://www.investopedia.com/gold-is-pricier-than-ever-here-is-why-experts-see-it-rising-even-higher-11814688
-
https://markets.financialcontent.com/stocks/article/marketminute-2025-9-26-southern-capital-advisors-bets-on-gold-institutional-investment-signals-bullish-outlook-for-junior-miners
-
https://www.bloomberg.com/news/articles/2025-09-29/gold-holds-near-record-as-traders-weigh-us-shutdown-fed-rates
- https://www.investing.com/analysis/gold-enters-blowoff-phase-as-3800-target-breached-and-5000-looms-200667376
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