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Lake Victoria Gold completes Phase 3 land valuation disclosure at Imwelo, advancing compensation and project development.

Company Fundamentals
10 Sep 2026
PRNewsWire
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Bullish
Lake Victoria Gold completes Phase 3 land valuation disclosure at Imwelo, advancing compensation and project development.

Lake Victoria Gold has completed the statutory disclosure phase of its Phase 3 land valuation and compensation program at the Imwelo Gold Project in Tanzania, with most affected landholders signing the necessary documents. This step, completed about five weeks after the program began, allows the company to proceed with compensation once the final government valuation report is approved. The program's scope was expanded to include additional land requested by some landholders, securing more area for future project development. The company continues to work with government authorities and community leaders to advance the project toward construction and production, while recognizing the regulatory and operational risks ahead.

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